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Global Polybutadiene Market Report and Forecast 2023-2028

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  • 153 Pages
  • April 2023
  • Region: Global
  • Expert Market Research
  • ID: 5775142
According to the report, the global polybutadiene market reached a value of USD 7199.2 million in 2022. Aided by the increasing demand for synthetic rubber in various end-use industries, the market is projected to grow at a CAGR of 4.7% between 2023 and 2028 to reach a value of USD 9167.69 million by 2028.

Polybutadiene is a synthetic rubber that is created through the polymerisation of the 1,3-butadiene monomer. It is known for its high resistance to wear and tear, exceptional flexibility, and superior tensile strength. Polybutadiene is widely used in the production of tires, polymer modification, and industrial rubber applications, among others. The development of nanocomposites, which combine polybutadiene with nanoparticles, is expected to drive the demand for polybutadiene in various applications, including aerospace, automotive, and construction industries.

The global polybutadiene market is experiencing significant growth due to the increasing demand for synthetic rubber in various end-use industries. The automotive industry is the major consumer of polybutadiene, where it is used in tire manufacturing. The expansion of the automotive industry, coupled with the growing need for fuel-efficient and high-performance tires, is driving the demand for polybutadiene.

The incorporation of nanotechnology in the production of polybutadiene is gaining traction as it enhances the material's properties, such as strength, flexibility, and durability. The ongoing research and development in tire technologies, such as the introduction of self-sealing and run-flat tires, are expected to drive the polybutadiene market demand. These innovative tire technologies require high-performance materials like polybutadiene, which provide improved durability, flexibility, and wear resistance.

Additionally, the rising focus on green and sustainable technologies has led to the development of bio-based polybutadiene. This environmentally friendly alternative is gaining traction in the market, contributing to the global polybutadiene market growth. Furthermore, the increasing application of polybutadiene in other sectors such as electronics, construction, and aerospace is expected to propel the market growth during the forecast period.

The expanding polymer modification industry also plays a crucial role in driving the demand for polybutadiene, thus increasing the global polybutadiene market demand. Acrylonitrile-butadiene-styrene (ABS) resins and high-impact polystyrene (HIPS) both use polybutadiene as an impact modifier. These resins have extensive applications in the automotive, construction, and electronics industries, fuelling the demand for polybutadiene.

Market Segmentation

The market can be divided based on product, application, and region.

Market Breakup by Product

  • High CIS Polybutadiene
  • Low CIS Polybutadiene
  • High Vinyl Polybutadiene
  • High Trans Polybutadiene

Market Breakup by Application

  • Tyre Manufacturing
  • Polymer Modification
  • Industrial Rubber Manufacturing

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global polybutadiene companies. Some of the major key players explored in the report are as follows:
  • ENEOS Corporation
  • ARLANXEO Holding B.V
  • UBE Corporation
  • Reliance Industries Limited
  • Versalis SpA
  • Others
*The publisher always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Polybutadiene Market Analysis
8.1 Key Industry Highlights
8.2 Global Polybutadiene Historical Market (2018-2022)
8.3 Global Polybutadiene Market Forecast (2023-2028)
8.4 Global Polybutadiene Market by Product
8.4.1 High CIS Polybutadiene Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.4.2 Low CIS Polybutadiene Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.4.3 High Vinyl Polybutadiene Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.4.4 High Trans Polybutadiene Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.5 Global Polybutadiene Market by Application
8.5.1 Tyre Manufacturing Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.5.2 Polymer Modification Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.5.3 Industrial Rubber Manufacturing Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.6 Global Polybutadiene Market by Region
8.6.1 North America Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.6.2 Europe Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.6.3 Asia Pacific Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.6.4 Latin America Historical Trend (2018-2022) Forecast Trend (2023-2028)
8.6.5 Middle East and Africa Historical Trend (2018-2022) Forecast Trend (2023-2028)
9 North America Polybutadiene Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Polybutadiene Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Polybutadiene Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Polybutadiene Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Polybutadiene Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code- 400220)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 ENEOS Corporation Company Overview Product Portfolio Demographic Reach and Achievements Certifications
18.2.2 ARLANXEO Holding B.V. Company Overview Product Portfolio Demographic Reach and Achievements Certifications
18.2.3 UBE Corporation Company Overview Product Portfolio Demographic Reach and Achievements Certifications
18.2.4 Reliance Industries Limited Company Overview Product Portfolio Demographic Reach and Achievements Certifications
18.2.5 Versalis SpA Company Overview Product Portfolio Demographic Reach and Achievements Certifications
18.3.6 Others
19 Key Trends and Developments in the Market

Companies Mentioned

  • ENEOS Corporation
  • ARLANXEO Holding B.V.
  • UBE Corporation
  • Reliance Industries Limited
  • Versalis SpA



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