Polybutadiene Elastomers Market

By Type;

High Cis, Low Cis, High Vinyl and High Trans

By Application;

Tire Manufacturing, Polymer Modification and Industrial Rubber Manufacturing

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn103526046 Published Date: August, 2025 Updated Date: September, 2025

Polybutadiene Elastomers Market Overview

Polybutadiene Elastomers Market (USD Million)

Polybutadiene Elastomers Market was valued at USD 12,654.22 million in the year 2024. The size of this market is expected to increase to USD 18,690.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Polybutadiene Elastomers Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 12,654.22 Million
Market Size (2031)USD 18,690.72 Million
Market ConcentrationMedium
Report Pages370
12,654.22
2024
18,690.72
2031

Major Players

  • Bridgestone Corporation
  • LANXESS AG
  • SABIC
  • The Dow Chemical Company
  • JSR Corporation
  • Goodyear Tire & Rubber Company
  • TSRC Corporation
  • Continental AG
  • Kraton Corporation
  • Asahi Kasei Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polybutadiene Elastomers Market

Fragmented - Highly competitive market without dominant players


The Polybutadiene Elastomers Market is expanding steadily due to its high elasticity, toughness, and abrasion resistance. Roughly 36% of overall demand is tied to the tire manufacturing industry, establishing polybutadiene as one of the most widely utilized synthetic rubbers.

Strong Demand from Automotive Industry
Close to 42% of consumption arises from the automotive industry, where polybutadiene is used in tires, seals, and vibration-control parts. Its contribution to enhanced durability, energy savings, and long-term reliability makes it vital for automotive manufacturing.

Industrial Sector Utilization
Nearly 18% of market usage comes from industrial applications such as conveyor belts, hoses, and protective gear. The strength and elastic recovery of polybutadiene enable its adoption in high-performance and demanding industrial environments.

Presence in Consumer Products
About 12% of utilization is driven by consumer products, particularly in sports goods, footwear, and lifestyle products. Its lightweight nature and long-lasting flexibility add value across a variety of consumer applications.

Innovation Supporting Market Expansion
The Polybutadiene Elastomers Market is projected to generate over 40% of growth potential from green rubber innovations, advanced automotive uses, and sustainable industrial solutions, cementing its importance as a key elastomer in future material development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Polybutadiene Elastomers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing automotive demand
        2. Rising consumer goods usage
        3. Technological advancements in production
        4. Growth in industrial applications
      2. Restraints
        1. Fluctuating raw material costs
        2. Environmental regulations and compliance
        3. High production costs
        4. Intense market competition
      3. Opportunities
        1. Emerging markets growth
        2. Innovations in elastomer formulations
        3. Expansion in developing economies
        4. New applications in various industries
    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. Polybutadiene Elastomers Market, By Type, 2021 - 2031 (USD Million)
      1. High Cis
      2. Low Cis
      3. High Vinyl
      4. High Trans
    2. Polybutadiene Elastomers Market, By Application, 2021 - 2031 (USD Million)
      1. Tire Manufacturing
      2. Polymer Modification
      3. Industrial Rubber Manufacturing
    3. Polybutadiene Elastomers 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. Bridgestone Corporation
      2. LANXESS AG
      3. SABIC
      4. The Dow Chemical Company
      5. JSR Corporation
      6. Goodyear Tire & Rubber Company
      7. TSRC Corporation
      8. Continental AG
      9. Kraton Corporation
      10. Asahi Kasei Corporation
  7. Analyst Views
  8. Future Outlook of the Market