The India polybutadiene rubber (PBR) market size reached USD 250.87 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 387.00 Million by 2033, exhibiting a growth rate (CAGR) of 4.93% during 2025-2033. The market is driven by the rising demand from the automotive sector for tire manufacturing, the increasing product usage in industrial rubber goods, and the expanding applications in footwear and polymer modification. Moreover, various infrastructure development projects, government initiatives promoting domestic manufacturing, and the shift towards fuel-efficient and durable tires are also bolstering the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 250.87 Million |
Market Forecast in 2033 | USD 387.00 Million |
Market Growth Rate 2025-2033 | 4.93% |
Surge in Demand for Green Tires
Growing environmental concerns and sustainability initiatives are driving the adoption of green tires in India, designed to reduce rolling resistance and enhance fuel efficiency. Polybutadiene rubber, known for its superior abrasion resistance and low rolling resistance, is a crucial material in manufacturing these eco-friendly tires. The Indian automotive industry is growing rapidly, with total vehicle production, including passenger vehicles, three-wheelers, two-wheelers, and quadricycles, reaching 2,773,039 units in September 2024. This surge is expected to fuel higher demand for tires and, in turn, increase PBR consumption. Additionally, India's greenhouse gas (GHG) emissions hit a record 4.2 GtCO2e in 2023, marking a 6.1% rise from the previous year. As environmental concerns escalate, the demand for green tires is set to grow, supported by regulatory measures emphasizing fuel efficiency and carbon footprint reduction. PBR’s role in enhancing tire durability and performance aligns with the automotive sector’s increasing focus on sustainability. As both consumers and manufacturers prioritize eco-friendly solutions, the shift toward green tires is expected to be a key driver of PBR market expansion in India.
Expansion in the Construction Industry
India’s rapidly expanding construction sector is driving significant demand for polybutadiene rubber (PBR), particularly in sealants and adhesives, where its durability and resilience make it an essential material. With the government’s strong focus on infrastructure development, the Indian construction industry is experiencing robust growth. The Budget 2024-25 allocates INR 10 lakh crore (USD 120.16 billion) to PM Awas Yojana Urban 2.0 to support housing for 1 crore urban poor and middle-class families. This large-scale investment is expected to boost demand for high-performance sealants and adhesives, subsequently increasing PBR consumption in construction applications. Additionally, as infrastructure development projects gain momentum, the versatility of PBR continues to support its adoption in various construction-related applications, including waterproofing, flooring, and expansion joints. The growing emphasis on urbanization and sustainable building solutions further underscores the construction industry's reliance on PBR.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on application.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes tire manufacturing, footwear, sports accessories, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis, such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Applications Covered | Tire Manufacturing, Footwear, Sports Accessories, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: