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Global Polybutadiene (BR) Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Polybutadiene (BR) Market
How Big Is the Polybutadiene (BR) Market Size Expected to Be by 2034?
The polybutadiene (BR) market has grown rapidly, expected to increase from $24.12 billion in 2024 to $26.67 billion in 2025, with a CAGR of 10.6%. The market's growth is driven by tire manufacturing, rubber goods production, adhesives and sealants, and its use as an impact modifier.
The polybutadiene (BR) market is expected to see solid growth, reaching $37.53 billion by 2029 at a CAGR of 8.9%. Key drivers include rising demand for sustainable materials, the expanding automotive sector, tire industry developments, and advanced rubber products. Notable trends include production of bio-based and high cis polybutadiene, polymer blending customization, and the use of recycled variants.
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What Are the Emerging Segments Within the Polybutadiene (BR) Market?
The polybutadiene (BR) market covered in this report is segmented -
1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene
2) By Sales: Online, Offline
3) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals
Subsegments:
1) By Solid Polybutadiene: High-cis Polybutadiene, Low-cis Polybutadiene, Medium-cis Polybutadiene
2) By Liquid Polybutadiene: Hydrogenated Liquid Polybutadiene, Non-Hydrogenated Liquid Polybutadiene
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What Long-Term Drivers Are Shaping Polybutadiene (BR) Market Trends?
The widespread use of polybutadiene in tire manufacturing is bolstering the polybutadiene market. Around 70% of global polybutadiene production is directed toward making tires, particularly for properties like abrasion resistance and low rolling resistance. It is commonly used in truck tire sidewalls to enhance durability. UBE Industries, for example, produces BR that offers excellent rebound, tensile strength, and processability for tire manufacturing.
Who Are the Top Competitors in Key Polybutadiene (BR) Market Segments?
Major companies operating in the polybutadiene (BR) market include LG Chem Ltd., Versalis SPA, China Petroleum & Chemical Corporation, JSR Corporation, Reliance Industries Limited, Lanxess AG, Kumho Petrochemical Co. Ltd., Goodyear Tire & Rubber Company, UBE Industries Ltd., Synthos SA, Evonik Industries AG, LyondelBasell Industries NV, Zeon Corporation, Nizhnekamskneftekhim, Firestone Polymers LLC, SIBUR International GmbH, Arlanxeo, China National Petroleum Corporation, PetroChina Company Limited, Formosa Petrochemical Corporation, Indian Synthetic Rubber Limited, Asahi Kasei Corporation, Sumitomo Chemical Co. Ltd., Saudi Aramco, Saudi Arabia's Basic Industries Corporation, Kuraray Co. Ltd.
What Are the Major Trends Shaping the Polybutadiene (BR) Market?
Neodymium polybutadiene (ND-PBR) rubber production is an emerging trend in the polybutadiene rubber market. Neodymium polybutadiene is known for its high elasticity and resistance to dynamic stress, making it ideal for products like tires, footwear, and conveyor belts. For example, Lanxess produces 0.14 million tons of ND-PBR annually for various industrial applications.
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Which Regions Are Becoming Hubs for Polybutadiene (BR) Market Innovation?
Asia-Pacific was the largest region in the polybutadiene (BR) market in 2023. Western Europe was the second-largest region in the global polybutadiene (br) market. The regions covered in the polybutadiene (BR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Polybutadiene (BR) Market?
2. What is the CAGR expected in the Polybutadiene (BR) Market?
3. What Are the Key Innovations Transforming the Polybutadiene (BR) Industry?
4. Which Region Is Leading the Polybutadiene (BR) Market?
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