Liquid Polybutadiene Market: Overview

  • Liquid polybutadiene is transparent, odorless, low viscous, and colorless synthetic rubber that is used to manufacture tires, belts, hoses, rubber goods, tapes, shoes, adhesives, coatings, etc.
  • Increase in demand for liquid polybutadiene in manufacture of tires is expected to drive the liquid polybutadiene market during the forecast period. Rise in usage of liquid polybutadiene in the transportation sector is anticipated to create lucrative opportunities for the liquid polybutadiene market.

Key Drivers of Liquid Polybutadiene Market

  • Rise in demand for advanced rubber materials and chemical resistant materials is anticipated to boost the global liquid polybutadiene market
  • Increase in usage of synthetic rubber in automotive tire manufacturing and other manufacturing industries in developing countries is also fueling the demand for liquid polybutadiene. Rise in demand for liquid polybutadiene in rubber manufacturing is driving the global liquid polybutadiene market. Liquid polybutadiene is widely used for manufacturing tires in the automotive industry due to various factors such as ability to control grip, high resistance to wear & tear, superior performance, high fuel efficiency, and long shelf life.
  • Manufacturers of liquid polybutadiene are focusing on increasing the awareness about their product portfolio. This is anticipated to help boost the demand for liquid polybutadiene across the globe.
  • Rise in demand for automotive vehicles, including passenger and commercial vehicles, is projected to augment the demand for tires. As a result, demand for liquid polybutadiene is likely to increase among tire manufacturers.
  • Demand for synthetic rubber is increasing in various applications such as tire manufacturing and rubber compounding. Rise in demand for synthetic rubber has encouraged manufacturers to expand their production capacities. SIBUR International is investing significantly in increasing the production capacity (from 13,000 metric tons per year to 48,000 metric tons per year) of its polybutadiene rubber at its Voronezh facility. Such production capacity expansion by companies to cater to the rising demand for liquid polybutadiene is expected to fuel the liquid polybutadiene market.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF sample of this report

Fluctuation in Prices of Raw Materials to Hamper Market

  • Fluctuation in prices of raw materials due to volatility in crude oil prices is anticipated to hamper the liquid polybutadiene market during the forecast period due to

Key Segment of Liquid Polybutadiene Market

  • In terms of application, the industrial rubber segment held major share of the global liquid polybutadiene market. Industrial rubber is used in various industries, from automotive and construction to pharmaceutical. This is anticipated to propel the global demand for liquid polybutadiene.
  • Various rubber materials are used in the construction sector such as seals and expansion joints. Increase in usage of rubber in the industrial sector is expected to boost the demand for liquid polybutadiene.

Europe Projected to Hold Large Share of Global Liquid Polybutadiene Market

  • Europe is estimated to account for significant share of the global liquid polybutadiene market in the near future due to the increase in repair and renovation activities in the construction industry in the region. Rapid industrialization, cheap labor cost, and presence of large numbers of end-user in Asia Pacific are likely to augment the liquid polybutadiene market during the forecast period.
  • The market in North America is projected to expand at a moderate pace during the forecast period. The U.S. is expected to dominate the market in the region in the near future.
  • Increase in demand for liquid butadiene in construction and automotive industries; and rise in demand in applications such as industrial rubber, rubber compounding, and tire manufacturing are expected to drive the liquid polybutadiene market in North America.
  • The market in Middle East & Africa and Latin America is projected to expand at steady pace during the forecast period. Rise in construction and paints & coatings industries is estimated to boost the liquid polybutadiene market in emerging economies of these regions.

Expanding operations in future? To get the perfect launch ask for a custom report

Key Players in Market

The global liquid polybutadiene market is highly fragmented, with the top manufacturers accounting for approximately 20% to 30%. Key players operating in the liquid polybutadiene market include

  • Evonik Industries
  • SIBUR International GmbH
  • Cray Valley
  • Versalis S.p.A.
  • Idemitsu Kosan Co.,Ltd.
  • JSR Corporation

Global Liquid Polybutadiene Market: Research Scope

Global Liquid Polybutadiene Market, by Application

  • Industrial Rubber
  • Adhesives & Sealants
  • Tire Manufacturing
  • Polymer Modification
  • Chemicals
  • Protective Films
  • Coatings
  • Others

Global Liquid Polybutadiene Market, by End-use Industry

  • Automotive
  • Chemical
  • Industrial
  • Others

Global Liquid Polybutadiene Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

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

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Liquid Polybutadiene Market

Pre Book