TBIQYR4255-Global CTBN Market Research Report 2019

                                          
Carboxyl-terminated acrylonitrile-butadiene (CTBN) polymers are made by solution polymerisation and have a typical acrylonitrile content of 0-27%. They are used as epoxy resin flexibilisers.
In the past few years, the global CTBN industry maintained a rapid pace of development. Global CTBN production increased from 490.5 tons in 2012 to 685.1 tons in 2016. The average growth rate of CTBN market had more than 7%. Global CTBN leader is Emerald Performance Materials. In each region, Emerald Performance Materials occupy an absolute market share. 

Companies such as LANXESS and Zeon are leading NBR Rubber manufacturers. These companies have XNBR production capacity. The key factors limiting the development of this industry are price and technical barriers. Compared with the general toughening agent, the price of CTBN is undoubtedly expensive. CVC is the world's first company to develop and produce CTBN. In the world, few companies can compete with CVC at both price and product quality. Some companies can produce CTBN in small quantities, but the price is too high. Therefore, CVC's products have become the best choice.

CTBN typically requires chemical modification for effective incorporation into thermoset chemistries. Choice of terminal chemistry will depend on the application and end-use. Carboxyl-Functional Polymers are carboxyl-terminated butadiene and butadiene-acrylonitrile copolymers (CTBN) that improve toughness, low-temperature properties, chemical and water resistance in epoxy, coating, vinyl-ester, SMC/BMC, acrylic, plasitisol, and other thermoset systems. The key applications of CTBN are adhesives & sealsants, coating and electronic appliances. In 2016, adhesives & sealants, coating and electronic appliances accounted for 36.18%, 27.24% and 17.78% of the application share of CTBN.

At present, CTBN plays an important role in liquid NBR rubber. In the next few years, CTBN will maintain a steady growth rate. At the same time, new players may make this market will become intense. In the future, CTBN prices will be slightly lower.
This is the end of CTBN report.


The global CTBN market is valued at 9 million US$ in 2018 is expected to reach 14 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.
This report focuses on CTBN volume and value at global level, regional level and company level. From a global perspective, this report represents overall CTBN market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    CTBN with 8-12% Acrylonitrile
    CTBN with 12-18% Acrylonitrile
    CTBN with 18-22% Acrylonitrile
    CTBN with 22-27% Acrylonitrile
    Others
    ...

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Adhesives & Sealants
    Coating
    Electronic Appliances
    Aerospace
    Composites
    Others

Segment by Application
    Application I
    Application II