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Polybutadiene (BR) Global Market Report 2023 – By Product Type (Solid Polybutadiene, Liquid Polybutadiene), By Application (Automotive, Chemical, Industrial, Other Applications), By Sales (Online, Offline), By Industry Vertical (Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals) – Market Size, Trends, And Market Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | SKU CODE : r1549 | Delivery Time: 2-3 business days | Format :


Polybutadiene is a synthetic rubber that is formed from the polymerization process of the monomer 1,3-butadiene. Polybutadiene is abrasion-resistant and is used, especially in the manufacture of tires, as an additive to improve the mechanical strength of plastics such as polystyrene and acrylonitrile butadiene styrene (ABS). Polybutadiene is also used to coat or encapsulate electronic assemblies, offering high electrical resistivity.

The main product types of polybutadiene are solid polybutadiene and liquid polybutadiene. Liquid polybutadienes (LPBds) are highly reactive liquid hydrocarbon polymers that are being formulated into solvent-free or low-solvent coating formulations. The applications involved are automotive, chemical, industrial, and other applications. The sales channels involved are online and offline. The industry verticals are tire, automotive, chemical, industrial rubber manufacturing, and other industry verticals.

The polybutadiene market research report is one of a series of new reports from The Business Research Company that provides polybutadiene market statistics, including polybutadiene industry global market size, regional shares, competitors with a polybutadiene market share, detailed polybutadiene market segments, market trends and opportunities, and any further data you may need to thrive in the polybutadiene industry. This polybutadiene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global polybutadiene (BR) market size will grow from $19.5 billion in 2022 to $21.29 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global polybutadiene (BR) market size is expected to grow from $29.36 billion in 2027 at a CAGR of 8.4%.

Increased usage of polybutadiene in high-end tire manufacturing has contributed to the growth of the polybutadiene market. Nearly 70% of the world's production of polybutadiene is used in tire manufacturing. After the curing process, BR possesses different properties such as abrasion resistance, poor wet traction, and low rolling resistance because of its low glass transition temperature. It is also widely used in the sidewall of truck tires to improve abrasion and reduce wear. For example, companies such as UBE Industries manufacture BR, which is used in tires with premier physical properties such as rebound, tensile strength, heat buildup, and grades with excellent processability such as mixing, roll banding, and extrusion.

Safety hazards have always been a major challenge in the polybutadiene industry. Due to its potential hazards, butadiene is not sold to customers directly, but it is used in the manufacture of polymers and elastomers. Butadiene is highly volatile and low-water soluble. Long-term exposure to butadiene is detrimental to human health. Exposure to high concentrations can result in damage to the central nervous system, blurred vision, nausea, headache, fatigue, decreased blood pressure, and coma. According to the International Agency for Research on Cancer, 1,3-Butadiene has been listed as a possible carcinogen.

Neodymium polybutadiene (ND-PBR) rubber production is an emerging trend in the polybutadiene rubber market. Neodymium is a catalyzed synthetic polybutadiene that has high elasticity and is resistant to dynamic stress at both high and low temperatures. It is majorly used in the manufacturing of tires, conveyor belts, golf balls, footwear, and other industries. For instance, Lanxess, a producer of neodymium polybutadiene rubber, is producing 0.14 million tons of ND-PBR per year.

In September 2022, Naftna Industrija Srbije (NIS), a Serbian oil and gas company received permission from the executive of the European Union ‘European Commission’ to acquire HIP-Petrohemija LLC Pancevo (HIPP) for an undisclosed amount. As a result, NIS aims to build HIP Petrohemija through modernization of basic production capacities, development of new plants and improving energy and business efficiency. HIP-Petrohemija LLC Pancevo (HIPP) is a Serbian petrochemicals and synthetic rubber manufacturer.

Major players in the polybutadiene market are LG Chem Ltd., Versalis S.P.A, China Petroleum & Chemical Corporation, JSR Corporation, Reliance Industries Limited, Lanxess AG, Kumho Petrochemical Co. Ltd., The Goodyear Tire & Rubber Company, UBE Industries, Ltd., and Synthos S.A.

Asia-Pacific was the largest region in the polybutadiene (br) market in 2022. Western Europe was the second-largest region in the global polybutadiene (br) market. The regions covered in the global polybutadiene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the polybutadiene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The polybutadiene market consists of the sales of high-cis, medium-cis, and low-cis polybutadiene. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global polybutadiene (BR) market is segmented -

1) By Product Type: Solid Polybutadiene, Liquid Polybutadiene

2) By Application: Automotive, Chemical, Industrial, Other Applications

3) By Sales: Online, Offline

4) By Industry Vertical: Tire, Automotive, Chemical, Industry Rubber Manufacturing: Other Industry Verticals

    Table Of Contents

    1. Executive Summary

    2. Polybutadiene Market Characteristics

    3. Polybutadiene Market Trends And Strategies

    4. Polybutadiene Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Polybutadiene Market

    4.2 Ukraine-Russia War Impact On Polybutadiene Market

    4.3 Impact Of High Inflation On Polybutadiene Market

    5. Polybutadiene Market Size And Growth

    5.1. Global Polybutadiene Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Polybutadiene Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Polybutadiene Market Segmentation

    6.1. Global Polybutadiene Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Solid Polybutadiene

    Liquid Polybutadiene

    6.2. Global Polybutadiene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Automotive

    Chemical

    Industrial

    Other Applications

    6.3. Global Polybutadiene Market, Segmentation By Sales, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Online

    Offline

    6.4. Global Polybutadiene Market, Segmentation By Industry Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Tire

    Automotive

    Chemical

    Industry Rubber Manufacturing

    Other Industry Verticals

    7. Polybutadiene Market Regional And Country Analysis

    7.1. Global Polybutadiene Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Polybutadiene Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Polybutadiene Market

    8.1. Asia-Pacific Polybutadiene Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Polybutadiene Market

    9.1. China Polybutadiene Market Overview

    9.2. China Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Polybutadiene Market

    10.1. India Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Polybutadiene Market

    11.1. Japan Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Polybutadiene Market

    12.1. Australia Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Polybutadiene Market

    13.1. Indonesia Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Polybutadiene Market

    14.1. South Korea Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Polybutadiene Market

    15.1. Western Europe Polybutadiene Market Overview

    15.2. Western Europe Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Polybutadiene Market

    16.1. UK Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Polybutadiene Market

    17.1. Germany Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Polybutadiene Market

    18.3. France Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Polybutadiene Market

    19.1. Eastern Europe Polybutadiene Market Overview

    19.2. Eastern Europe Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Polybutadiene Market

    20.1. Russia Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Polybutadiene Market

    21.1. North America Polybutadiene Market Overview

    21.2. North America Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Polybutadiene Market

    22.1. USA Polybutadiene Market Overview

    22.2. USA Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Polybutadiene Market

    23.1. South America Polybutadiene Market Overview

    23.2. South America Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Polybutadiene Market

    24.1. Brazil Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Polybutadiene Market

    25.1. Middle East Polybutadiene Market Overview

    25.2. Middle East Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Polybutadiene Market

    26.1. Africa Polybutadiene Market Overview

    26.2. Africa Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Polybutadiene Market Competitive Landscape And Company Profiles

    27.1. Polybutadiene Market Competitive Landscape

    27.2. Polybutadiene Market Company Profiles

    27.2.1. LG Chem Ltd.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Versalis S.P.A

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. China Petroleum & Chemical Corporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. JSR Corporation

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Reliance Industries Limited

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Polybutadiene Market

    29. Polybutadiene Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Polybutadiene Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Polybutadiene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Polybutadiene Market, Segmentation By Sales, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Polybutadiene Market, Segmentation By Industry Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Polybutadiene Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Global Polybutadiene Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: Asia-Pacific, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: China, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: India, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Japan, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Australia, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: Indonesia, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: South Korea, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: Western Europe, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: UK, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: Germany, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: France, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Eastern Europe, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: Russia, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: North America, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: USA, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: South America, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Brazil, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Middle East, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Africa, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 28: LG Chem Ltd. Financial Performance
  • Table 29: Versalis S.P.A Financial Performance
  • Table 30: China Petroleum & Chemical Corporation Financial Performance
  • Table 31: JSR Corporation Financial Performance
  • Table 32: Reliance Industries Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Polybutadiene Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Polybutadiene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Polybutadiene Market, Segmentation By Sales, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Polybutadiene Market, Segmentation By Industry Vertical, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Polybutadiene Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Global Polybutadiene Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: Asia-Pacific, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: China, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: India, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Japan, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Australia, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: Indonesia, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: South Korea, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: Western Europe, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: UK, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: Germany, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: France, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Eastern Europe, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: Russia, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: North America, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: USA, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: South America, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Brazil, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Middle East, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Africa, Polybutadiene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 28: LG Chem Ltd. Financial Performance
  • Figure 29: Versalis S.P.A Financial Performance
  • Figure 30: China Petroleum & Chemical Corporation Financial Performance
  • Figure 31: JSR Corporation Financial Performance
  • Figure 32: Reliance Industries Limited Financial Performance
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