Global Liquid Synthetic Rubber Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Liquid Isoprene, Liquid Butadiene, and Liquid Styrene Butadiene.

By Application;

Adhesives, Industrial Rubber, Tire, Polymer Modification, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn279043967 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Liquid Synthetic Rubber Market (USD Million), 2021 - 2031

In the year 2024, the Global Liquid Synthetic Rubber Market was valued at USD 15,081.46 million. The size of this market is expected to increase to USD 20,592.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global liquid synthetic rubber market has been experiencing significant growth driven by its diverse applications and superior performance characteristics. Liquid synthetic rubber, known for its high elasticity, durability, and resistance to wear and tear, is increasingly utilized in industries such as automotive, construction, electronics, and footwear. Its ability to enhance the performance and longevity of products, particularly in the automotive sector where it is used for tire manufacturing and various sealing applications, underscores its rising demand. Additionally, the growing trend towards sustainable and eco-friendly materials is pushing manufacturers to innovate and develop more advanced synthetic rubber products.

Market expansion is further fueled by technological advancements and the rising investments in research and development. Companies are focusing on enhancing the properties of liquid synthetic rubber to meet specific industry requirements, such as improved thermal stability, chemical resistance, and compatibility with other materials. These innovations are opening new avenues for its application in emerging sectors like 3D printing and medical devices. The market is also witnessing strategic collaborations and partnerships aimed at expanding production capacities and geographic reach, particularly in fast-growing regions like Asia-Pacific, which is seeing robust industrialization and infrastructure development.

However, the market faces challenges such as fluctuating raw material prices and stringent environmental regulations. The production of synthetic rubber involves petrochemical derivatives, making it susceptible to volatility in crude oil prices. Moreover, environmental concerns and regulatory pressures are compelling manufacturers to adopt cleaner production processes and sustainable sourcing practices. Despite these challenges, the global liquid synthetic rubber market is poised for steady growth, supported by its vital role in numerous industrial applications and the continuous push for innovation and sustainability in materials science.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Liquid Synthetic Rubber Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrialization
        2. Automotive Demand
        3. Technological Advancements
        4. Infrastructure Development
      2. Restraints
        1. Raw Material Costs
        2. Environmental Regulations
        3. Fluctuating Oil Prices
        4. Competitive Market
      3. Opportunities
        1. Eco-friendly Products
        2. Emerging Markets
        3. Product Innovation
        4. Advanced Applications
    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. Global Liquid Synthetic Rubber Market, By Product Type, 2021 - 2031 (USD Million)
      1. Liquid Isoprene
      2. Liquid Butadiene
      3. Liquid Styrene Butadiene
    2. Global Liquid Synthetic Rubber Market, By Application, 2021 - 2031 (USD Million)
      1. Adhesives
      2. Industrial Rubber
      3. Tire
      4. Polymer Modification
      5. Others
    3. Global Liquid Synthetic Rubber 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
        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. Asahi Kasei Advance Corporation
      2. Evonik Industries AG
      3. Gardner Coatings
      4. H.B. Fuller Company
      5. KUMHO PETROCHEMICAL
      6. KURARAY CO., LTD.
      7. Libratama Group
      8. LINSHI CHEM (PUYANG) ADVANCED MATERIAL CO., LTD
      9. Lion Elastomers
      10. NIPPON SODA CO.
  7. Analyst Views
  8. Future Outlook of the Market