Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Polybutadiene (BR) Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Polybutadiene (BR) Market?
The Polybutadiene (BR) market size has seen consistent expansion. It expanded from $21.78 billion in 2024, reaching $22.71 billion in 2025 with a 4.3% Compound Annual Growth Rate (CAGR).
What Are the Expected Market Growth Trends for the Polybutadiene (BR) Market Through 2029?
The Polybutadiene (BR) market is predicted to expand to a worth of $27.92 billion by 2029, and is estimated to grow at a compound annual growth rate (CAGR) of 5.3%.
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What Are the Key Business Drivers in the Polybutadiene (BR) Market Landscape?
The key Drivers in the polybutadiene (br) market are:
• Rising use of polybutadiene in high-end tire production
• The significant proportion of polybutadiene used in tire manufacturing worldwide
• Polybutadiene's desirable properties following the curing process, such as abrasion resistance and low rolling resistance
• Common use of polybutadiene in truck tire sidewalls to enhance abrasion resistance and minimize wear
How Is the Polybutadiene (BR) Market Divided Across Key Categories?
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
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What Are the Ongoing Trends in the Polybutadiene (BR) Market?
The key trends in the polybutadiene (br) market are:
• Neodymium polybutadiene rubber production is shaping the future of the polybutadiene market.
• High-resilience synthetic polybutadienes are gaining popularity in various industries.
• The use of neodymium-catalyzed polybutadiene, especially in tire manufacturing, is a significant upcoming trend.
• The market trend showcases a rise in companies' annual production of neodymium polybutadiene rubber.
Which Companies are Expanding in the Polybutadiene (BR) Industry?
The key players in the polybutadiene (br) market are:
• 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.
Which is the Largest Region the Global Polybutadiene (BR) Market?
Asia-Pacific was the largest region in the polybutadiene (BR) market in 2024
