Liquid Polybutadiene Market

By Application;

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

By End-User;

Transportation, Construction, Industrial, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn124912763 Published Date: August, 2025

Liquid Polybutadiene Market Overview

Liquid Polybutadiene Market (USD Million)

Liquid Polybutadiene Market was valued at USD 3,445.96 million in the year 2024. The size of this market is expected to increase to USD 4,848.81 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Liquid Polybutadiene Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 3,445.96 Million
Market Size (2031)USD 4,848.81 Million
Market ConcentrationMedium
Report Pages360
3,445.96
2024
4,848.81
2031

Major Players

  • JSR Corporation
  • LG Chem
  • SABIC
  • LANXESS
  • Zeon Corporation
  • Kraton Polymers
  • Nexene
  • Mitsubishi Chemical Corporation
  • Kuraray Co., Ltd.
  • Reliance Industries Limited

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Liquid Polybutadiene Market

Fragmented - Highly competitive market without dominant players


The Liquid Polybutadiene Market is expanding steadily, driven by its extensive use in adhesives, coatings, sealants, and tire manufacturing. Its unique properties such as low viscosity, high flexibility, and excellent chemical resistance make it an indispensable material across multiple industries. Nearly 55% of liquid polybutadiene demand originates from the automotive sector, underlining its significance in rubber compounding and tire performance enhancement.

Rising Demand from Automotive and Tire Industry
The growing focus on fuel efficiency and high-performance tires is boosting demand for liquid polybutadiene in automotive applications. Its ability to improve rolling resistance, abrasion resistance, and durability has led to its widespread adoption. Currently, close to 40% of advanced tire formulations incorporate liquid polybutadiene, reinforcing its importance in the mobility sector.

Technological Advancements and Product Innovations
The market is witnessing innovation in functionalized liquid polybutadiene, which offers improved reactivity and tailored performance. Around 25% of new product developments in the sector are focused on high-performance modified grades to meet advanced material requirements. These innovations are enabling broader applications across electronics, aerospace, and specialty coatings.

Supportive Industrial Growth and Market Outlook
With rapid industrialization and rising demand for lightweight, durable materials, the liquid polybutadiene market is positioned for sustained growth. Expanding infrastructure development and ongoing research in polymer chemistry are expected to drive future adoption. Overall, the market demonstrates strong potential as industries increasingly shift toward high-performance and energy-efficient solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-User
    3. Market Snapshot, By Region
  4. Liquid Polybutadiene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Liquid Polybutadiene Market, By Application, 2021 - 2031 (USD Million)
      1. Tire Manufacturing

      2. Industrial Rubber

      3. Polymer Modification

      4. Protective Films

      5. Chemicals

      6. Coatings

      7. Adhesives & Sealants

      8. Others

    2. Liquid Polybutadiene Market, By End-User, 2021 - 2031 (USD Million)
      1. Transportation
      2. Construction
      3. Industrial
      4. Others
    3. Liquid Polybutadiene Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. JSR Corporation
      2. LG Chem
      3. SABIC
      4. LANXESS
      5. Zeon Corporation
      6. Kraton Polymers
      7. Nexene
      8. Mitsubishi Chemical Corporation
      9. Kuraray Co., Ltd.
      10. Reliance Industries Limited
  7. Analyst Views
  8. Future Outlook of the Market