세계의 폴리부타디엔 시장 규모는 2024년에 56억 달러에 달했습니다. 향후 IMARC Group은 2033년에는 78억 달러에 달하며, 2025-2033년에 3.59%의 성장률(CAGR)을 보일 것으로 예측하고 있습니다. 바이오 기반 제품에 대한 수요 증가, 자동차 부문에서 연비 효율과 환경 지속가능성에 대한 주목의 증가, 전 세계에서 건설 활동이 증가하고 있는 것 등이 시장을 추진하고 있는 주요 요인의 하나입니다.
폴리부타디엔은 엘라스토머 계열에 속하는 합성 폴리머로 높은 탄성으로 유명합니다. 부타디엔 단량체의 중합을 통해 얻어지며, 높은 유연성과 내구성을 갖춘 만능 소재입니다. 내충격성, 저온 성능, 전기 절연성이 향상되었습니다. 우수한 탄성을 가지고 있으며, 다양한 고무계 제품 제조에 필수적인 성분으로 사용되고 있습니다. 다양한 분야의 제품 성능과 수명을 향상시키기 위해 폴리부타디엔 수요는 전 세계에서 증가하고 있습니다.
현재 전 세계 대중들 사이에서 스타일리시한 신발에 대한 수요가 증가하면서 시장 성장에 기여하고 있습니다. 이와 함께 건강한 라이프스타일을 유지하려는 인식이 높아지면서 스포츠 용품의 채택이 증가하고 있으며, 이는 시장 성장을 강화하고 있습니다. 또한 운송 중 우수한 보호 기능을 제공하는 포장재에 대한 수요가 증가함에 따라 시장에 긍정적인 영향을 미치고 있습니다. 또한 특성이 강화된 혁신적인 폴리부타디엔의 개발이 증가하고 있으며, 이는 업계 투자자들에게 유리한 성장 기회를 제공합니다. 또한 컨베이어 벨트, 호스, 개스킷 등 탄성과 내구성이 필요한 부품의 생산이 증가하고 있는 것도 시장 성장을 지원하고 있습니다. 이 외에도 전 세계에서 국제 무역이 증가하고 있는 것도 시장 성장을 가속하고 있습니다.
연료 효율과 환경적 지속가능성에 대한 관심 증가
자동차 부문에서 연비 효율과 환경 지속가능성에 대한 관심이 높아지면서 시장 성장을 촉진하고 있습니다. 이에 따라 자동차 제조업체들은 안전 기준을 유지하면서 차량 무게를 줄일 수 있는 방법을 모색하고 있습니다. 폴리부타디엔은 탄력성과 내충격성이 뛰어나 고성능 타이어 생산에 필수적인 성분으로 자리 잡고 있습니다. 이 외에도 이러한 타이어는 회전 저항을 줄여 연비를 향상시킬뿐만 아니라 견인력과 내구성을 향상시키기 때문에 시장 전망이 밝습니다. 또한 전 세계에서 환경의 지속가능성을 유지하려는 인식이 높아지고 있습니다.
건설 활동 증가
세계에서 건설 및 인프라 개발 활동이 증가함에 따라 시장 성장을 가속하고 있습니다. 건설업체들은 인프라의 무결성을 유지하는 데 도움이 되는 오래 지속되는 재료를 채택하고 있습니다. 또한 이 폴리머는 높은 탄력성과 가혹한 환경 조건을 견딜 수 있는 능력으로 인해 지붕재, 실링재, 접착제, 코팅제 등 다양한 건설 용도에 이상적인 선택이 되고 있습니다. 이와 더불어, 개인의 소득 수준이 상승함에 따라 리모델링 활동이 증가하고 있습니다. 또한 여러 국가의 정부 기관이 스마트 시티 구상을 내놓고 있으며, 이는 시장에 더욱 긍정적인 영향을 미치고 있습니다. 건축자재의 수명과 성능을 향상시키고 내구성과 내후성이 뛰어난 재료에 대한 수요가 증가하고 있습니다.
바이오 제품에 대한 수요 증가
개인의 지속가능성에 대한 관심이 높아지면서 바이오 제품에 대한 수요가 증가하면서 시장 성장에 기여하고 있습니다. 이에 따라 산업계의 이산화탄소 배출량을 줄이려는 개인들의 인식이 높아지고 있습니다. 바이오 제품은 식물이나 생물학적 폐기물과 같은 재생한 자원에서 유래한 것으로, 기존 석유 기반 제품보다 친환경적인 대안을 제공합니다. 소비자와 산업계는 유한한 화석연료에 대한 의존도를 줄이고 기후 변화로 인한 악영향을 줄이는 것이 중요하다는 것을 인식하고 있습니다. 다양한 제조업체들이 온실가스(GHG) 배출을 줄여 지속가능성 목표를 유지하는 데 도움이 되는 바이오 폴리부타디엔을 빠르게 도입하고 있습니다.
The global polybutadiene market size reached USD 5.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 7.8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.59% during 2025-2033. The growing demand for bio-based products, rising focus on fuel efficiency and environmental sustainability in the automotive sector, and increasing number of construction activities around the world are some of the major factors propelling the market.
Polybutadiene is a synthetic polymer that belongs to the family of elastomers and is known for its enhanced resilience. It is derived from the polymerization of butadiene monomers that provide a versatile material with a high degree of flexibility and durability. It has improved impact resistance, low-temperature performance, and electrical insulation properties. It offers superior elasticity, which makes it a key component in the production of various rubber-based products. As it assists in enhancing the performance and longevity of products across diverse sectors, the demand for polybutadiene is increasing across the globe.
At present, the rising demand for stylish footwear among the masses around the world is contributing to the growth of the market. In line with this, the increasing adoption of sports equipment due to the rising awareness about maintaining healthy lifestyles is strengthening the growth of the market. Moreover, the growing demand for packaging materials that offer better protection during transit is positively influencing the market. In addition, the rising development of innovative polybutadiene variants with enhanced properties is offering lucrative growth opportunities to industry investors. Furthermore, the increasing production of conveyor belts, hoses, gaskets, and other components that require resilience and durability is supporting the growth of the market. Besides this, the rising number of international trades across the globe is impelling the growth of the market.
Rising focus on fuel efficiency and environmental sustainability
The rising focus on fuel efficiency and environmental sustainability in the automotive sector is bolstering the growth of the market. In line with this, automakers are seeking ways to reduce vehicle weight while maintaining safety standards. Polybutadiene offers enhanced elasticity and impact resistance, which makes it a vital ingredient in the production of high-performance tires. Apart from this, these tires not only enhance fuel efficiency by reducing rolling resistance but also offer improved traction and durability, which is offering a positive market outlook. Furthermore, there is an increase in awareness among individuals about maintaining sustainability in the environment across the globe.
Increasing number of construction activities
The rising number of construction and infrastructure development activities around the world is bolstering the growth of the market. Builders are increasingly adopting long-lasting materials that assist in maintaining the integrity of the infrastructure. In addition, this polymer has high resilience and ability to withstand harsh environmental conditions, which makes it an ideal choice for various construction applications, such as roofing materials, sealants, adhesives, and coatings. Besides this, there is a rise in renovation activities due to the inflating income levels of individuals. Moreover, governing agencies of several countries are taking smart city initiatives, which is further positively influencing the market. There is a rise in the need for durable and weather-resistant materials that enhance the longevity and performance of construction materials.
Growing demand for bio-based products
The rising demand for bio-based products due to the increasing focus on sustainability among individuals is contributing to the growth of the market. In line with this, there is an increase in the awareness among individuals to reduce the carbon footprint of industries. Bio-based products are derived from renewable resources, such as plants or biological waste, that offer a more environmentally friendly alternative to traditional petroleum-based products. Consumers and industries are recognizing the importance of reducing reliance on finite fossil fuels and mitigating the negative impacts of climate change. Various manufacturers are rapidly introducing bio-based polybutadiene that benefits in maintaining sustainability goals by reducing greenhouse gas (GHG) emissions.
High cis polybutadiene provides improved elasticity and resilience, which makes it a preferred choice for applications requiring high impact resistance. It is utilized in the manufacturing of high-performance tires, conveyor belts, and various industrial components that require excellent durability and mechanical strength.
Low cis polybutadiene contains a lower proportion of cis-1,4 bonds as compared to its high cis counterpart. It offers unique properties, such as improved wear resistance and reduced rolling resistance. It is commonly utilized in tire tread compounds that benefit in enhancing fuel efficiency and tire longevity while maintaining adequate traction and grip on road surfaces.
High trans polybutadiene exhibits greater heat resistance and stiffness as compared to cis polybutadiene. It is widely utilized in industries that require materials with good thermal stability, such as automotive components, industrial coatings, and mechanical goods.
Solid polybutadiene rubber accounts for the majority of the market share
Tire represents the biggest market share
Asia Pacific exhibits a clear dominance, accounting for the largest polybutadiene market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
Asia Pacific held the biggest market share due to the thriving automotive industry. Apart from this, the rising demand for materials that assist in enhancing the performance of a product is contributing to the growth of the market in the region. In line with this, favorable government initiatives to promote industrial development are propelling the growth of the market. Besides this, the rising construction activities due to rapid urbanization is bolstering the growth of the market in the Asia Pacific region.
Major manufacturers are investing in research and development (R&D) activities to develop innovative formulations with improved properties to meet specific industry requirements. This includes exploring new grades, variants, and blends of polybutadiene to expand its applicability across industries. Apart from this, key players are adopting advanced manufacturing technologies to enhance the efficiency and quality of the product. This includes process optimization, automation, and the utilization of advanced catalysts to achieve improved control over polymerization processes. In line with this, many companies are expanding their production capacities and establishing manufacturing facilities in key regions to ensure a steady supply of the product in emerging markets.
In 2022, Evonik launched POLYVEST(R) eCO, a new range of sustainable liquid polybutadienes. This innovative product line uses sustainable butadiene in its production and assists in reducing the use of fossil feedstocks.
In 2023, Versalis announced the planning of a project at its site in Ravenna, Italy, that assist in increasing the capacity for elastomers. It expands the production mix for highly specialized elastomers, especially thermoplastic rubbers, polybutadiene and SBR, intended for the rapidly developing tire and automotive industries.
In 2023, KUMHO Petrochemical Co., Ltd., and Sumitomo Corporation signed memorandum of understanding (MOU) to establish a long-term collaboration for the development and further growth of the sustainable polymers and chemicals market in Asia.