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US Liquid Polybutadiene Market

ID: MRFR/CnM/11989-HCR
100 Pages
Chitranshi Jaiswal
October 2025

US Liquid Polybutadiene Market Research Report: By Application (Tire Manufacturing, Industrial Rubber, Polymer Modification, Protective Films, Chemicals, Coatings, Adhesives & Sealants, Others) and By End Use (Transportation, Construction, Industrial, Others) - Forecast to 2035

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US Liquid Polybutadiene Market Infographic
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US Liquid Polybutadiene Market Summary

As per Market Research Future analysis, the US Liquid Polybutadiene Market Size was estimated at 0.65 USD Million in 2024. The US liquid polybutadiene market is projected to grow from 0.681 USD Million in 2025 to 1.09 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.8% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US liquid polybutadiene market is experiencing robust growth driven by diverse applications and technological advancements.

  • The automotive sector emerges as the largest segment, reflecting a rising demand for liquid polybutadiene in vehicle manufacturing.
  • Technological advancements in production processes are enhancing efficiency and reducing costs across the market.
  • Sustainability initiatives are increasingly influencing market dynamics, with a focus on eco-friendly materials and practices.
  • Key market drivers include the growth in adhesives and sealants applications and the increasing demand for high-performance elastomers.

Market Size & Forecast

2024 Market Size 0.65 (USD Million)
2035 Market Size 1.09 (USD Million)
CAGR (2025 - 2035) 4.81%

Major Players

Kraton Corporation (US), JSR Corporation (JP), LG Chem (KR), BASF SE (DE), Mitsui Chemicals (JP), SABIC (SA), Evonik Industries AG (DE), Kumho Petrochemical (KR)

US Liquid Polybutadiene Market Trends

The liquid polybutadiene market is currently experiencing notable developments driven by various factors. The increasing demand for high-performance materials in industries such as automotive, adhesives, and coatings is propelling growth. Liquid polybutadiene, known for its excellent elasticity and resilience, is becoming a preferred choice for manufacturers seeking to enhance product performance. Furthermore, advancements in production technologies are likely to improve efficiency and reduce costs, making this material more accessible to a broader range of applications. As sustainability becomes a focal point, the market may also witness a shift towards bio-based alternatives, which could reshape the competitive landscape. In addition, regulatory frameworks are evolving, potentially influencing the market dynamics. The emphasis on environmental compliance and safety standards may drive innovation in formulations and applications. Stakeholders in the liquid polybutadiene market are expected to adapt to these changes, focusing on developing products that meet stringent regulations while maintaining performance. Overall, the outlook for the liquid polybutadiene market appears promising, with opportunities for growth and innovation on the horizon.

Rising Demand in Automotive Sector

The automotive industry is increasingly adopting liquid polybutadiene due to its superior properties, such as flexibility and durability. This trend is likely to continue as manufacturers seek materials that enhance vehicle performance and longevity.

Technological Advancements in Production

Innovations in production techniques are enhancing the efficiency of liquid polybutadiene manufacturing. These advancements may lead to reduced costs and improved product quality, making the material more appealing to various industries.

Focus on Sustainability

There is a growing emphasis on sustainable practices within the liquid polybutadiene market. Companies are exploring bio-based alternatives and eco-friendly formulations to meet consumer demand for environmentally responsible products.

Market Segment Insights

By Application: Tire Manufacturing (Largest) vs. Adhesives (Fastest-Growing)

The market share distribution among the various application segments of the US liquid polybutadiene market is led by Tire Manufacturing, which holds the largest share due to the growing automotive industry and increased demand for high-performance tires. Other significant segments include Chemicals and Industrial Rubber, which also contribute substantially to the market. Coatings, Adhesives, and Sealants are emerging as vital players, especially as sustainability and performance requirements evolve. Growth trends in this segment are largely propelled by advancements in technology and innovation. The Tire Manufacturing segment benefits from ongoing investments in R&D to improve tire longevity and performance, while Adhesives are witnessing rapid growth due to their applications in various industries, such as construction and automotive. The increasing need for durable and high-quality materials in manufacturing processes further elevates the importance of these segments in the market.

Tire Manufacturing (Dominant) vs. Adhesives (Emerging)

Tire Manufacturing is the dominant application segment in the US liquid polybutadiene market, primarily characterized by its high demand in the automotive sector for producing tires that offer enhanced performance and safety. The use of liquid polybutadiene in tire manufacturing leads to products that provide better resilience, flexibility, and durability. On the other hand, the Adhesives segment is emerging rapidly, driven by innovations in bonding technologies and an expanding range of applications in construction, automotive, and packaging industries. Adhesives made from liquid polybutadiene are increasingly preferred for their superior adhesion properties and flexibility, positioning this segment as a crucial area of growth that complements the established market presence of Tire Manufacturing.

By End-use: Transportation (Largest) vs. Construction (Fastest-Growing)

The distribution of market share in the US liquid polybutadiene market shows that the Transportation segment holds the largest share, significantly contributing to the overall consumption due to its widespread applications in automotive and related industries. The Construction segment, while smaller, is rapidly expanding, driven by increasing demand for durable materials in construction processes. Growth trends indicate that the Transportation segment continues to thrive due to advances in automotive technologies and the increasing production of vehicles. Meanwhile, the Construction segment is emerging as the fastest-growing area, supported by heightened infrastructure investments and a shift towards sustainable building practices. Such trends solidify the relevance of liquid polybutadiene across diverse end-use applications.

Transportation: Dominant vs. Construction: Emerging

The Transportation segment demonstrates a dominant presence in the US liquid polybutadiene market, driven by its essential role in manufacturing high-performance automotive components such as tires and seals. This segment benefits from continual advancements in vehicle technology and the rising production of electric vehicles, increasing its market share. In contrast, the Construction segment is classified as emerging, leveraging innovations in building materials and a growing focus on sustainability. This segment uses liquid polybutadiene to enhance the elasticity and durability of construction materials, making it appealing for modern infrastructure projects. As demand for eco-friendly and resilient structures rises, the Construction segment is expected to gain traction in the coming years.

Get more detailed insights about US Liquid Polybutadiene Market

Key Players and Competitive Insights

The liquid polybutadiene market is characterized by a competitive landscape that is increasingly shaped by innovation, sustainability, and strategic partnerships. Key players such as Kraton Corporation (US), JSR Corporation (JP), and BASF SE (DE) are actively pursuing strategies that enhance their market positioning. Kraton Corporation (US) focuses on developing bio-based products, which aligns with the growing demand for sustainable materials. JSR Corporation (JP) emphasizes technological advancements in polymer production, while BASF SE (DE) is leveraging its extensive research capabilities to innovate in product applications. Collectively, these strategies contribute to a dynamic competitive environment, where differentiation is increasingly based on technological prowess and sustainability initiatives.

In terms of business tactics, companies are localizing manufacturing to reduce lead times and optimize supply chains. The market structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies is significant, as they set industry standards and drive innovation. This competitive structure allows for a variety of offerings, catering to diverse customer needs while fostering a climate of continuous improvement and adaptation.

In October 2025, Kraton Corporation (US) announced a partnership with a leading automotive manufacturer to develop advanced materials for electric vehicles. This strategic move is likely to enhance Kraton's position in the automotive sector, where the demand for lightweight and sustainable materials is surging. By aligning with a key player in the automotive industry, Kraton not only diversifies its application portfolio but also strengthens its commitment to sustainability, which is becoming a critical factor in consumer choice.

In September 2025, JSR Corporation (JP) unveiled a new production facility in the US aimed at increasing its output of liquid polybutadiene. This expansion reflects JSR's strategy to meet the rising demand in North America, particularly in the automotive and consumer goods sectors. The facility is expected to enhance operational efficiency and reduce production costs, thereby positioning JSR favorably against competitors who may not have similar capabilities.

In August 2025, BASF SE (DE) launched a new line of liquid polybutadiene products designed specifically for high-performance applications in the adhesives market. This initiative underscores BASF's focus on innovation and its ability to respond to market needs with tailored solutions. By introducing specialized products, BASF not only strengthens its product portfolio but also enhances its competitive edge in a market that increasingly values performance and customization.

As of November 2025, current trends in the liquid polybutadiene market indicate a shift towards digitalization and sustainability. Companies are increasingly integrating AI and data analytics into their operations to enhance efficiency and product development. Strategic alliances are becoming more prevalent, as firms recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, sustainability, and supply chain reliability. This shift suggests that companies that prioritize these areas will be better positioned to thrive in an increasingly complex market.

Key Companies in the US Liquid Polybutadiene Market include

Industry Developments

The US Liquid Polybutadiene Market has seen significant developments recently, with key players such as Dow Chemical, Mitsui Chemicals, and Kraton Corporation actively shaping the landscape. As of October 2023, the market is experiencing robust growth, attributed to increased demand in applications like adhesives, sealants, and coatings, particularly in the automotive and consumer goods sectors. The valuation of companies within the market has also seen a positive trend, influenced by advancements in production technologies and sustainable practices. In September 2023, Kraton Corporation announced a strategic collaboration with Asahi Kasei aimed at enhancing product offerings in the polyurethane segment.

Merger activity has been noteworthy, with Dow Chemical's acquisition of a specialty chemicals company earlier this year, further solidifying its market position. Additionally, the US government has pushed for policies favoring the use of sustainable materials, which is expected to impact growth trajectories across the industry. Historical trends indicate a steady increase in market activity, with noteworthy advancements occurring throughout 2021 and 2022, as companies invested in R&D to innovate Liquid Polybutadiene applications.

Future Outlook

US Liquid Polybutadiene Market Future Outlook

The liquid polybutadiene market is projected to grow at 4.81% CAGR from 2024 to 2035, driven by increasing demand in automotive and industrial applications.

New opportunities lie in:

  • Development of bio-based liquid polybutadiene products
  • Expansion into emerging markets with tailored formulations
  • Investment in advanced recycling technologies for sustainability

By 2035, the liquid polybutadiene market is expected to achieve robust growth and enhanced market positioning.

Market Segmentation

US Liquid Polybutadiene Market End-use Outlook

  • Transportation
  • Construction
  • Industrial

US Liquid Polybutadiene Market Application Outlook

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

Report Scope

MARKET SIZE 20240.65(USD Million)
MARKET SIZE 20250.681(USD Million)
MARKET SIZE 20351.09(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.81% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Kraton Corporation (US)", "JSR Corporation (JP)", "LG Chem (KR)", "BASF SE (DE)", "Mitsui Chemicals (JP)", "SABIC (SA)", "Evonik Industries AG (DE)", "Kumho Petrochemical (KR)"]
Segments CoveredApplication, End-use
Key Market OpportunitiesGrowing demand for eco-friendly materials drives innovation in the liquid polybutadiene market.
Key Market DynamicsRising demand for eco-friendly materials drives innovation in liquid polybutadiene applications and production processes.
Countries CoveredUS

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FAQs

What is the expected market size of the US Liquid Polybutadiene Market in 2024?

The US Liquid Polybutadiene Market is expected to be valued at 486.0 million USD in 2024.

What is the projected market size of the US Liquid Polybutadiene Market by 2035?

By 2035, the US Liquid Polybutadiene Market is anticipated to reach a value of 813.0 million USD.

What is the expected compound annual growth rate (CAGR) for the US Liquid Polybutadiene Market from 2025 to 2035?

The expected CAGR for the US Liquid Polybutadiene Market from 2025 to 2035 is 4.789%.

Which application segment holds the largest market share in the US Liquid Polybutadiene Market?

Tire Manufacturing holds the largest market share, valued at 150.0 million USD in 2024 and projected to grow to 250.0 million USD by 2035.

What is the market value for the Industrial Rubber application in the US Liquid Polybutadiene Market in 2024?

The Industrial Rubber application is valued at 100.0 million USD in the US Liquid Polybutadiene Market for the year 2024.

Who are the key players in the US Liquid Polybutadiene Market?

Key players in the market include Dow Chemical, Mitsui Chemicals, and Kraton Corporation among others.

What is the market value for the Protective Films application in the US Liquid Polybutadiene Market by 2035?

The Protective Films application is expected to reach a market value of 120.0 million USD by 2035.

What opportunities exist in the US Liquid Polybutadiene Market from 2025 to 2035?

There are opportunities for growth driven by increasing demand in various applications such as Tire Manufacturing and Polymer Modification.

How is the Chemicals application segment expected to perform in the US Liquid Polybutadiene Market from 2024 to 2035?

The Chemicals application segment is expected to grow from 86.0 million USD in 2024 to 133.0 million USD by 2035.

What challenges might affect the growth of the US Liquid Polybutadiene Market?

Challenges such as fluctuations in raw material prices may impact the growth of the US Liquid Polybutadiene Market.

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