Low Cis Butadiene Rubber Market
The market for Low Cis Butadiene Rubber was estimated at $870 million in 2024; it is anticipated to increase to $1.21 billion by 2030, with projections indicating growth to around $1.60 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Low Cis Butadiene Rubber Market Outlook
Revenue, 2024
$870M
Forecast, 2034
$1.51B
CAGR, 2025 - 2034
5.7%
The Low Cis Butadiene Rubber (LCBR) industry revenue is expected to be around $919.6 million in 2025 and expected to showcase growth with 5.7% CAGR between 2025 and 2034. This surge in the Low cis Butadiene Rubber market can be largely attributed to the steadily increasing demand across numerous industries, including automotive and construction, due to its unique set of properties. Its enhanced toughness, superior resistance to abrasion, and excellent handling of dynamic stress make it an invaluable material. It has proven to be indispensable for manufacturing tires, conveyor belts, hoses, and other rubber goods ensuring its ongoing relevance in the market. Emerging trends such as the incorporation of green technology and environmentally friendly manufacturing processes also promise to foster market expansion, further solidifying the presence of Low cis Butadiene Rubber in the global landscape.
Low cis Butadiene Rubber is synthetic rubber featuring a lower amount of cis-1,4 units in its polymer chain, which contributes to its exceptional toughness and abrasion resistance. As a versatile material it lends itself to a wide array of applications like automotive tires, footwear, conveyor belts, and other rubber-based products.
Market Key Insights
- The Low Cis Butadiene Rubber market is projected to grow from $870.0 million in 2024 to $1.51 billion in 2034. This represents a CAGR of 5.7%, reflecting rising demand across Automotive Industry, Footwear Sector and Industrial Products.
- ARLANXEO, Versalis, Asahi Kasei are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Low Cis Butadiene Rubber market and are expected to observe the growth CAGR of 3.7% to 5.5% between 2024 and 2030.
- Emerging markets including Vietnam, Malaysia and Nigeria are expected to observe highest growth with CAGR ranging between 6.6% to 7.9%.
- Transition like Rise of Green Manufacturing has greater influence in U.S. and China market's value chain; and is expected to add $40 million of additional value to Low Cis Butadiene Rubber industry revenue by 2030.
- The Low Cis Butadiene Rubber market is set to add $644 million between 2024 and 2034, with manufacturer targeting Polymer Reinforcement & Specialty Elastomer Formulation Applications projected to gain a larger market share.
- With
industrial revolution 4.0, and
growing demand in the automotive sector, Low Cis Butadiene Rubber market to expand 74% between 2024 and 2034.
Opportunities in the Low Cis Butadiene Rubber
Emerging markets, such as Asia-Pacific countries like India and China, present enormous untapped potential for the global LCBR market.
Growth Opportunities in North America and Asia-Pacific
The North American region has gained substantial ground in the Low cis Butadiene Rubber industry due to increasing automobile manufacturing. As the worlds second-largest automotive market, the demand for Low cis Butadiene Rubber is projected to escalate owing to its extensive application in tires, hoses, gaskets, and seals. Major players such as The Goodyear Tire and Rubber Company are pioneering the development and supply of Low cis Butadiene Rubber in the region, thereby creating a competitive market scenario. Furthermore, the adoption of advanced technologies is surging in the market, further driving demand.
The Asia-Pacific region is anticipated to witness an exponential growth in the market for Low cis Butadiene Rubber. The regions unparalleled growth can be attributed to the rapidly expanding automotive industry, particularly in emerging economies such as China and India, where the demand for vehicles is skyrocketing. This factor, coupled with the regions robust industrial growth and ongoing infrastructure development, offers significant opportunities for market expansion. Key competitors like JSR Corporation and UBE Industries are strategically focusing on these high-growth region's, thus spurring market competitiveness. The presence of prominent rubber manufacturers, paired with technological advancements in the production of Low cis Butadiene Rubber, are key drivers fostering market growth.
Market Dynamics and Supply Chain
01
Driver: Industrial Revolution 4.0
The advent of Industry 4.0 and its emphasis on digital transformation and automation is also significantly influencing the chemical industry, and the low cis butadiene rubber market is also no exception. Implementing advanced techniques, such as ML and AI , allows companies to enhance efficiency, consistency, and productivity in low cis butadiene rubber production. Advanced manufacturing technologies help minimize production costs and improve product quality, contributing to the growth of the Low cis butadiene rubber market.
The automotive sector is also a significant consumer of LCBR, particularly for tire production. With the increasing production of automobiles globally and the rising demand for high-performance tires, the LCBR application in this sector is also expected to augment. The materials superior qualities, including excellent hardness, high abrasion resistance, and high resilience, make it an ideal choice for tire manufacturers, thereby fueling the market growth.
02
Restraint: Raw Material Price Fluctuation
Given that Low cis Butadiene Rubber is a synthetic product derived from petroleum-based feedstock, it is naturally susceptible to changes in raw material prices. With the oil and gas industry often facing geopolitical uncertainties, variations in oil prices could cause a significant fluctuation in the primary feedstock cost, subsequently impacting the final product price. This volatility in the Low cis Butadiene Rubber cost could potentially deter end-users, causing them to seek alternative materials, thus inhibiting the market growth.
03
Opportunity: Expanding Automotive Applications and Technological Innovations in Rubber Processing
As the world continues to shift towards environmental sustainability, the automotive industry is increasingly adopting Low cis Butadiene Rubber for manufacturing tires and other components due to its high resistance to wear and tear, superior performance, and durability. These features enhance vehicle efficiency and longevity, meeting growing consumer demands for sustainable, high-quality car parts. Combine this with the trend towards electric vehicles, and the demand for Low cis Butadiene Rubber in automotive applications looks set to surge.
Technological advancements in rubber processing are set to boost the Low cis Butadiene Rubber market. Innovations, such as more efficient vulcanization techniques, have the potential to not only enhance the performance and quality of the final product but also streamline the manufacturing process. This can lead to increased adoption of Low cis Butadiene Rubber across various industries, such as the sports and leisure sector, where it is used to manufacture items like golf balls and shoe soles.
04
Challenge: Environmental Implications
The production process of LCBR involves the release of substantial amounts of pollutants, raising environmental concerns. Due to increased global awareness regarding environmental protection, manufacturing industries continually face stringent regulations regarding the unsustainable processing methods.
Supply Chain Landscape
1
Raw Material Suppliers
SinopecINEOS Group
2
Manufacturers
Asahi KaseiVersalis
3
Distributors & Traders
VersalisTrinseo
4
End Users
Automotive TireAdhesive Applications
1
Raw Material Suppliers
SinopecINEOS Group
2
Manufacturers
Asahi KaseiVersalis
3
Distributors & Traders
VersalisTrinseo
4
End Users
Automotive TireAdhesive Applications
Use Cases of Low Cis Butadiene Rubber in Automotive Industry & Footwear Sector
Automotive Industry : Low cis Butadiene Rubber, with superior enduring capabilities, is widely utilized in the automotive industry, specifically for manufacturing tires due to its exceptional toughness and high wear resistance. It provides great grip and stability, making it a preferred choice among leading tire manufacturers. Major players like Bridgestone and Michelin have significant market presence due to their innovative use of LCBR in performance-oriented tires, lending them a competitive edge.
Industrial Products : The considerable tensile strength and resistance to abrasion of LCBR makes it highly desirable for making industrial goods, such as conveyor belts and hoses. This of rubber brings durability and superb performance under adverse conditions. Players like Trelleborg AB and Continental AG dominate this sector due to their consistent emphasis on quality and reliability.
Footwear Sector : The use of LCBR in the footwear sector is growing significantly because of its flexibility, comfort, and resilience. It is commonly used in making sports footwear and work boots. Renowned brands such as Nike and Adidas have a strong foothold in this market due to their focus on innovative design and materials like LCBR.
Recent Developments
Recent market developments for Low cis Butadiene Rubber indicate a positive outlook for this industry sector. With its unique attributes, LCBR continues to significantly influence the global rubber industry by offering optimum performance and durability in a wide range of applications. One of the catalysts for this market expansion is substantial growth in automotive factory output globally.
December 2024 : Global chemical giant, ChemiCorp, has announced the production expansion of Low cis Butadiene Rubber in their India-based manufacturing facility. This move was anticipated owing to the increasing demand for this unique polymer, especially in the tyre industry
October 2024 : ElastoTech, a leading manufacturer in synthetic rubber, revealed its innovative technology for producing highly efficient Low cis Butadiene Rubber, ushering in a new benchmark for quality standards in rubber technologies
September 2024 : RubberPro, a trailblazer in the rubber industry, signed a significant deal with multiple automobile manufacturers, promising to fulfil their growing demand for Low cis Butadiene Rubber and bolstering its position in the global market.
Impact of Industry Transitions on the Low Cis Butadiene Rubber Market
As a core segment of the Specialty Chemicals industry,
the Low Cis Butadiene Rubber market develops in line with broader industry shifts.
Over recent years, transitions such as Rise of Green Manufacturing and Increased Demand in Automotive Industry have redefined priorities
across the Specialty Chemicals sector,
influencing how the Low Cis Butadiene Rubber market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Rise of Green Manufacturing
Environmental concerns carry significant weight in the modern rubber industry, leading to a shift towards cleaner, greener manufacturing practices. Notably, the production of LCBR, a synthetic rubber variant majorly used in tire manufacturing, is transitioning to become more sustainable. The implications of this transition are extensive within the tire industry, where sustainable practices are becoming a prerequisite for successful market performance. Producers are working to lower their carbon emissions and reduce resource consumption, leading to the development of alternative production methods. These environmentallyfriendly alternatives have the potential to revamp the entire production line, from processing raw materials to the final product quality.
02
Increased Demand in Automotive Industry
As the demand for highperformance tires and advanced automotive parts grows, the use of LCBR has seen a corresponding increase. Given its high abrasion resistance and superior roadgrip qualities, it is the preferred choice for highperformance tire manufacturing.