Liquid Synthetic Rubber Market: By Product Type (Liquid Isoprene, Liquid Butadiene, Liquid Styrene Butadiene), By Application (Sealants & Coating, Adhesives, Others), and Geography    

Liquid Synthetic Rubber Market size was valued at USD 20.4 billion in 2022 and is projected to reach USD 28.7 billion by 2029, growing at a CAGR of 4.6% from 2023 to 2029. Liquid Synthetic Rubber is a liquid polyurethane polymer compound that has excellent flow qualities and is extremely wear and abrasion resistant. It's a high-quality rubber moulding composite that's both robust and flexible. There are several different varieties of liquid synthetic rubber, including butadiene, styrene-butadiene, isoprene, and others. It is widely used in tyre manufacture, polymer modification, and industrial rubber manufacturing, among other fields. Synthetic rubber is a man-made elastomer manufactured from by-products of the petroleum industry. Liquid synthetic rubber is a form of liquid polyurethane used to manufacture high-flow and abrasion-resistant composites. Liquid synthetic rubber, such as liquid butadiene rubber, has abrasion resistance, cut growth resistance, high resilience with minimum heat accumulation, and low-temperature flexibility. Because of these properties, liquid synthetic rubbers are extensively used in tyre manufacturing. Liquid synthetic rubber also enhances tyre longevity and performance, which coincides with the implementation of tyre labelling rules. Growing demand for isoprene, styrene butadiene, and butadiene, throughout the globe in industrial rubber products manufacturing, adhesives, sealants and coatings, and tire manufacturing is anticipated to drive growth. The low molecular weight liquid polymers are reactive plasticizers that aid in improving several adhesive qualities such as maintaining adhesion at low temperatures, impart green tack, improving coating and flow characteristics, avoid bleed-through associated with other plasticizers, and improving adhesion to flexible substrates. These factors are expected to raise the demand for liquid synthetic rubber in the market. However, factors such as limited availability and volatility in the prices of raw materials is expected to restraint the growth of market. Key players in global liquid synthetic rubber market enhance their product portfolio and consumer base by adopting striking market strategies like collaborations, acquisitions, technological innovations, among others.