액상 합성 고무 시장 규모, 점유율, 성장 분석 : 제품 유형별, 용도별, 중합 프로세스별, 최종 용도별, 지역별 - 산업 예측(2025-2032년)

Liquid Synthetic Rubber Market size was valued at USD 14.08 billion in 2023 and is poised to grow from USD 14.73 billion in 2024 to USD 21.11 billion by 2032, growing at a CAGR of 4.6% during the forecast period (2025-2032).

The liquid synthetic rubber market is experiencing significant growth driven by the increasing demand for isoprene, butadiene, and styrene-butadiene in key sectors such as tyre manufacturing, adhesives, sealants, coatings, and industrial rubber products. This growth is supported by strategic partnerships between manufacturers and raw material suppliers, ensuring consistent quality and supply through efficient distribution. Liquid synthetic rubbers, including LSR, serve diverse applications, especially in adhesives where isoprene and butadiene enhance performance. As natural rubber declines in popularity due to its high costs and limitations around abrasion resistance, the shift towards synthetic alternatives enhances market dynamics. Furthermore, limited natural rubber availability leads to price volatility, reinforcing the favorable outlook for the liquid synthetic rubber sector.

Top-down and bottom-up approaches were used to estimate and validate the size of the Liquid Synthetic Rubber market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Liquid Synthetic Rubber Market Segments Analysis

Global Liquid Synthetic Rubber Market is segmented by Product Type, Application, Polymerization Process, End-Use Sector and region. Based on Product Type, the market is segmented into Liquid Isoprene, Liquid Butadiene, Liquid Styrene Butadiene, Liquid EPDM and Liquid NBR. Based on Application, the market is segmented into Tires, Industrial Rubber, Adhesives, Polymer Modification, Waterproofing Coatings, Footwear and Other Applications. Based on Polymerization Process, the market is segmented into Emulsion Polymerization, Solution Polymerization and Bulk Polymerization. Based on End-Use Sector, the market is segmented into Automotive, Industrial, Consumer Goods, Construction and Healthcare. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Liquid Synthetic Rubber Market

The Liquid Synthetic Rubber market benefits significantly from its pivotal role in tyre production, where it enhances durability and performance. This increased reliance is further amplified by the implementation of tyre labelling regulations, which have encouraged the adoption of these materials. Polybutadiene Rubber (PBR) and Styrene-Butadiene Rubber (SBR) are the two most commonly utilized synthetic rubber types in tyre manufacturing. Specifically, polybutadiene is primarily used for automotive tyres, with estimates indicating that approximately 70% of all polybutadiene produced is consumed in tyre manufacturing. This strong demand for liquid synthetic rubber underscores its importance in the automotive industry.

Restraints in the Liquid Synthetic Rubber Market

One significant constraint on the growth of the liquid synthetic rubber market is the instability in raw material prices. Fluctuations in crude oil prices directly affect the costs of key components like styrene and butadiene, essential for manufacturing liquid styrene-butadiene rubber (SBR) and butadiene rubber (BR). Moreover, the production process of liquid synthetic rubber requires several catalysts and solvents, such as hexane, cyclohexane, benzene, and toluene, all of which are derived from the oil and gas sector. This dependency on volatile raw material prices poses a challenge for the industry, potentially hindering expansion and profitability.

Market Trends of the Liquid Synthetic Rubber Market

The Liquid Synthetic Rubber market is experiencing a significant shift towards the incorporation of bio-based feedstock, driven by a growing emphasis on sustainability and environmental responsibility. As petroleum and natural rubber prices remain high, manufacturers are increasingly turning to renewable raw materials, such as sugar and glycerin, as cost-effective alternatives to traditional inputs like butadiene and isoprene. This trend is fueled by major market players focusing on the development and commercialization of bio-sustainable production processes. As a result, the landscape of the Liquid Synthetic Rubber industry is transforming, with bio-based products poised to capture a substantial share of the market in the coming years.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Patent Analysis

Global Liquid Synthetic Rubber Market Size by Product Type & CAGR (2025-2032)

• Market Overview
• Liquid Isoprene
• Liquid Butadiene
• Liquid Styrene Butadiene
• Liquid EPDM
• Liquid NBR

Global Liquid Synthetic Rubber Market Size by Application & CAGR (2025-2032)

• Market Overview
• Tires
• Industrial Rubber
• Adhesives
• Polymer Modification
• Waterproofing Coatings
• Footwear
• Other Applications

Global Liquid Synthetic Rubber Market Size by Polymerization Process & CAGR (2025-2032)

• Market Overview
• Emulsion Polymerization
• Solution Polymerization
• Bulk Polymerization

Global Liquid Synthetic Rubber Market Size by End-Use Sector & CAGR (2025-2032)

• Market Overview
• Automotive
• Industrial
• Consumer Goods
• Construction
• Healthcare

Global Liquid Synthetic Rubber Market Size & CAGR (2025-2032)

• North America (Product Type, Application, Polymerization Process, End-Use Sector)
  • US
  • Canada
• Europe (Product Type, Application, Polymerization Process, End-Use Sector)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Application, Polymerization Process, End-Use Sector)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Application, Polymerization Process, End-Use Sector)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Application, Polymerization Process, End-Use Sector)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dow Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kuraray Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Synthomer Plc (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Evonik Industries AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lion Elastomers (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Asahi Kasei Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arlanxeo (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Versalis S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Zeon Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LG Chem Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kumho Petrochemical Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nizhnekamskneftekhim (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sibur Holding (Russia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Trinseo S.A. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eni S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ExxonMobil Chemical Company (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Goodyear Chemical (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sumitomo Chemical Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations