Liquid Synthetic Rubber Market

By Application Area;

Tires & Treads and Adhesives & Sealants

By Type of Synthetic Rubber;

Styrene-Butadiene Rubber (SBR) and Polybutadiene Rubber (BR)

By End-User Industry;

Automotive and Construction

By Formulation Type;

One-Component Systems and Two-Component Systems

By Distribution Channel;

Direct Sales and Distributors

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn279043967 Published Date: September, 2025 Updated Date: October, 2025

Liquid Synthetic Rubber Market Overview

Liquid Synthetic Rubber Market (USD Million)

Liquid Synthetic Rubber Market was valued at USD 15,081.46 million in the year 2024. The size of this market is expected to increase to USD 20,592.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.


Liquid Synthetic Rubber Market

*Market size in USD million

CAGR 4.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.6 %
Market Size (2024)USD 15,081.46 Million
Market Size (2031)USD 20,592.62 Million
Market ConcentrationHigh
Report Pages338
15,081.46
2024
20,592.62
2031

Major Players

  • Asahi Kasei Advance Corporation
  • Evonik Industries AG
  • Gardner Coatings
  • H.B. Fuller Company
  • KUMHO PETROCHEMICAL
  • KURARAY CO., LTD.
  • Libratama Group
  • LINSHI CHEM (PUYANG) ADVANCED MATERIAL CO., LTD
  • Lion Elastomers
  • NIPPON SODA CO.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Liquid Synthetic Rubber Market

Fragmented - Highly competitive market without dominant players


The Liquid Synthetic Rubber Market is experiencing notable growth due to its broad applicability across key industries. This material stands out for its exceptional elasticity, resistance to chemicals, and ease of processing, making it a reliable substitute for natural rubber. Around 60% of its usage comes from tire and automotive production, underscoring its importance in enhancing product strength and longevity. Industries are increasingly leaning toward lightweight and durable solutions, boosting the appeal of liquid synthetic rubber.

Applications and Industrial Demand
In the automotive sector, this material is widely adopted to improve grip, durability, and fuel efficiency, making it indispensable in tire manufacturing. Approximately 40% of output is used in adhesives and sealants, where it enhances structural integrity and performance. Additionally, the construction industry utilizes it for protective coatings and waterproofing, further expanding its industrial reach. Its versatility across applications strengthens its demand across multiple domains.

Technological Advancements
Advances in polymer technology and production processes are propelling the market forward. New formulations offer enhanced thermal stability, flexibility, and viscosity control, making liquid synthetic rubber suitable for more specialized uses. Nearly one-fourth of producers are investing in R&D, focusing on developing tailored grades to match emerging industry needs. This innovation-driven approach ensures continuous progress in product quality and performance.

Sustainability and Future Outlook
Sustainability is another major factor shaping the industry’s trajectory. Growing interest in eco-conscious solutions has resulted in nearly 18% more adoption of energy-efficient and recyclable production techniques. Manufacturers are actively shifting towards sustainable practices to lower environmental impact while appealing to industries prioritizing green alternatives. Looking ahead, the Liquid Synthetic Rubber Market is set to expand consistently, supported by the rising demand for durable, sustainable, and high-performance materials. The combination of technological development and diverse applications ensures long-term opportunities in this market.

  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 Area
    2. Market Snapshot, By Type of Synthetic Rubber
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Formulation Type
    5. Market Snapshot, By Distribution Channel
    6. Market Snapshot, By Region
  4. Liquid Synthetic Rubber Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrialization
        2. Automotive Demand
        3. Technological Advancements
        4. Infrastructure Development
      2. Restraints
        1. Raw Material Costs
        2. Environmental Regulations
        3. Fluctuating Oil Prices
        4. Competitive Market
      3. Opportunities
        1. Eco-friendly Products
        2. Emerging Markets
        3. Product Innovation
        4. Advanced Applications
    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. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Liquid Synthetic Rubber Market, By Application Area, 2021 - 2031 (USD Million)
      1. Tires & Treads
      2. Adhesives & Sealants
    2. Liquid Synthetic Rubber Market, By Type of Synthetic Rubber, 2021 - 2031 (USD Million)
      1. Styrene-Butadiene Rubber (SBR)
      2. Polybutadiene Rubber (BR)
    3. Liquid Synthetic Rubber Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Construction
    4. Liquid Synthetic Rubber Market, By Formulation Type, 2021 - 2031 (USD Million)
      1. One-Component Systems
      2. Two-Component Systems
    5. Liquid Synthetic Rubber Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Distributors
    6. Liquid Synthetic Rubber 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. Evonik Industries AG
      2. China National Petroleum Corporation
      3. Kumho Petrochemical
      4. ENEOS Corporation
      5. Saudi Arabian Oil Co. (Arlanxeo)
      6. Asahi Kasei Advance Corporation
      7. H.B. Fuller Company
      8. Kuraray Co. Ltd.
      9. Linshi Chem (Puyang) Advanced Material Co. Ltd.
      10. Lion Elastomers
      11. Nippon Soda Co. Ltd.
      12. SIBUR Holding PJSC
      13. Synthomer PLC
      14. TER Group
      15. Royal Adhesives & Sealants
  7. Analyst Views
  8. Future Outlook of the Market