Polybutadiene Rubber Market Trends: 2025 Industry Snapshot

What is Polybutadiene Rubber?

Polybutadiene Rubber (PBR), also known as butadiene rubber (BR), is a synthetic elastomer produced through the polymerization of 1,3-butadiene, a petroleum-based compound. This material is characterized by high resilience, excellent abrasion resistance, low glass transition temperature, and high elasticity — making it ideal for applications where durability and flexibility are essential.

Market Size & Forecast

According to Fortune Business Insights, The global Polybutadiene Rubber Market was valued at USD 9.41 billion in 2024, projected to reach USD 9.86 billion in 2025 and approximately USD 13.73 billion by 2032, registering a CAGR of 4.8% during 2025-2032.

The increased demand for tires in the automotive sector is expected to drive the growth of the polybutadiene rubber market. The product demand is favored for its superior properties, such as excellent abrasion resistance, low rolling resistance, and high resilience, which enhance tire performance and durability.

LIST OF KEY POLYBUTADIENE RUBBER COMPANIES PROFILED

• ARLANXEO (Netherlands)

• Indian Oil Corporation Ltd (India)

• Reliance Industries Limited (India)

• ENEOS Materials Corporation (Japan)

• Goodyear Tire and Rubber Company (U.S.)

• SIBUR International GmbH (Austria)

• LANXESS (Germany)

• KURARAY CO., LTD. (Japan)

• JSR Corporation (Japan)

• Kumho Petrochemical (South Korea)

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Key Market Drivers

• Rising Demand from the Automotive Sector: PBR is extensively used in tire manufacturing due to its superior abrasion resistance, low rolling resistance, and elasticity, enhancing tire life and performance.

• Infrastructure and Industrial Growth: Increasing investments in infrastructure and industrial applications, including conveyor belts and rubber goods, are propelling demand.

• Sustainability Focus: Manufacturers are adopting bio-based and recyclable rubber solutions to align with environmental regulations and sustainability goals.

Market Restraints

• Health & Safety Concerns: Prolonged exposure to PBR during production may cause health risks, prompting stricter worker safety measures.

• Environmental Regulations: Compliance with emission and waste management norms raises production costs.

• Trade Barriers: Import tariffs and protectionist policies can disrupt raw material supply chains and increase manufacturing costs.

Segmentation Insights

• By Application: The major segments include Tire, Non-Tire Automotive, Industrial Rubber Goods, Footwear, and Others. The tire segment dominates due to high performance and resilience benefits.

• By Region: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa are the key regions. Asia Pacific held the largest market share of about 53.56% in 2024 due to its strong automotive base.

Regional Highlights

• Asia Pacific: The largest and fastest-growing market driven by high automobile production and infrastructure projects in China, India, and Japan.

• North America: Growth supported by the demand for advanced performance tires but limited by environmental constraints.

• Europe: Focused on sustainability and innovation in tire and rubber goods manufacturing.

• Latin America & Middle East/Africa: Emerging regions with moderate growth potential due to industrial development.

Competitive Landscape

The Polybutadiene Rubber Market is moderately consolidated with key players such as ARLANXEO, Indian Oil Corporation Ltd, Reliance Industries Limited, Goodyear Tire & Rubber Company, and SIBUR International GmbH. Companies are expanding production capacity, investing in green technologies, and focusing on product innovation to gain a competitive edge.

Future Outlook

The market outlook remains positive as the demand for high-performance and eco-friendly rubber materials continues to rise. Increasing automobile production, growing infrastructure projects, and advancements in polymer technology will further drive growth. However, companies must address environmental and regulatory challenges to sustain profitability.

Information Source: https://www.fortunebusinessinsights.com/polybutadiene-rubber-market-113414

KEY INDUSTRY DEVELOPMENTS

• February 2023: Arlanxeo announced the launch of a polybutadiene rubber production facility with a capacity of 65 ktpa in southern Brazil. Located within the Triunfo petrochemical complex in Rio Grande do Sul, this new plant emphasizes the company's commitment to enhancing its presence in Latin America.

• March 2022: Indian Oil Corporation Limited planned to build a 60 ktpa polybutadiene rubber (PBR) facility at the current naphtha cracker complex located in Panipat. The project involves an investment of INR 14.6 billion (USD 169 million). It plans to obtain the necessary feedstock, butadiene, from the 138 ktpa butadiene extraction unit (BDEU) already operating within the Panipat complex.

🔍 Trending FAQs 

1. What was the global Polybutadiene Rubber Market value in 2024?
   It was valued at USD 9.41 billion.

2. What is the projected market size by 2032?
   The market is expected to reach USD 13.73 billion by 2032.

3. What is the expected CAGR from 2025 to 2032?
   The market is anticipated to grow at a CAGR of 4.8%.

4. Which region dominated the market in 2024?
   Asia Pacific dominated with around 53.56% market share.

5. Which application segment holds the largest share?
   The tire segment leads the global market.