Liquid Synthetic Rubber Market Size, Share and Industry Analysis Report by Product (Liquid Isoprene, Liquid Butadiene, Liquid Styrene Butadiene) and Application (Adhesive, Industrial Rubber Manufacturing, Tire Manufacturing, Polymer, Modification), Regional Outlook, Competitive Market Share & Forecast, 2020 - 2026

Liquid Synthetic Rubber Market Size

The liquid synthetic rubber market size was USD 10.54 billion in 2019 and will grow at a CAGR of 4.7% from 2020 to 2026. The product is utilized in a variety of end-user industries including adhesives, industrial rubber manufacturing, tire manufacturing and polymer modification among others.
 

Liquid synthetic rubber is increasingly becoming subject to extensive research in many end-use industries. Recent studies indicate the potential use of liquid synthetic rubber in biomaterials to improve mechanical properties of fractures and dental composites. The material may find its use as a toughening agent, with one study indicating improvement in fracture toughness by significant 9% owing to introduction of liquid synthetic rubber for flow type and 8% for condensable composites used in dental applications.
 

To understand key trends  
Download Free Sample
 

Tire manufacturing sector is contracted significantly owing to the temporary closure of vehicle production and aftermarket activities. Further, the effect of low natural rubber price is nullified owing to limited tire demand across the globe. However, anticipated growth in automotive production and sales will enhance the liquid synthetic rubber market share from 2021.
 

Liquid Synthetic Rubber Market Analysis

Liquid styrene butadiene rubber will generate around USD 5.8 Billion in 2019 and is attributed to its growing tire production. It offers superior characteristics including low rolling resistance, excellent tensile strength, good resilience, and high abrasion resistance. Further, L-SBR grades provide high flexibility and tensile strength, when used in tires and construction sealants, adhesives, and coatings.
 

To understand key market trends  
Download Free Sample
 

The construction industry is set to hold a strong growth potential for liquid styrene butadiene owing to several possible applications. Buildings tend to experience varied environmental effects on different sections. The experimentation of SBR material as an admixture in high-performance concrete has resulted in improved weather resilience and building quality, opening venues for LSR-SBR in construction industries.
 

Adhesives application segment will witness over 3% CAGR in the liquid synthetic rubber market through 2026 with its utilization in sealants, production of copolymer of styrene, and coatings. Increasing construction activities across the globe and industrial production challenges are increasing product adoption. The adhesives showcase excellent heat and crack resistance properties and offer superior ageing characteristics.
 

Polymer modification will witness over 3.5% CAGR in liquid synthetic rubber market through 2026. Polymer modification is the process of modifying, improving, or enhancing certain characteristics of a material. Styrene butadiene rubber is blended or copolymerized with polymers or chemically modified for the enhancement of basic properties. Various characteristics, such as oil resistance, ozone resistance, and processing capabilities, can be modified or improved with addition of liquid synthetic rubber.
 

To understand key market trends  
Download Free Sample
 

Asia Pacific held over 50% share in 2019 owing to increasing vehicle sales. The region is experiencing increasing presence of manufacturers owing to abundant raw material supply and economical labor costs. Ongoing initiatives by government entities to increase domestic vehicle production and decrease reliance on imports will escalate revenue generation.
 

The Middle East & Africa market is at a nascent stage and will witness steady growth with public and private sector investments for encouraging building & construction and plastic manufacturing.
 

Liquid Synthetic Rubber Market Share

Industry players are increasing their investments in research & development activities to design and develop innovative formulations to attract industries. Manufacturers are increasing collaborations and partnerships to facilitate product development and subsequent patent applications. For instance, Arkona, a company engaged in medical equipment and solutions development filed a patent application suggesting the use of dental composites modified using liquid rubber for superior performance.
 

The key liquid synthetic rubber industry participants include Efremov Synthetic Rubber, Puyang Linshi Chemical New Material Co., Ltd, Evonik Industries AG, Royal Adhesives & Sealants, Synthomer PLC, Kuraray Co., Ltd., Asahi Kasei, TER HELL & Co. GmbH, and Nippon Soda Co., Ltd. among others.
 

The liquid synthetic rubber market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons and revenue in USD Million from 2016 to 2026, for the following segments

By Product

• Liquid Isoprene
• Liquid Butadiene
• Liquid Styrene butadiene
• Others

By Application

• Adhesives
• Industrial rubber manufacturing
• Tire manufacturing
• Polymer modification
• Others

By Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • South Africa
  • Saudi Arabia