India Polybutadiene Rubber (PBR) Market Size, Share, Trends and Forecast by Application and Region, 2025-2033

India Polybutadiene Rubber (PBR) Market Size, Share, Trends and Forecast by Application and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A32627

India Polybutadiene Rubber (PBR) Market Overview:

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
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 250.87 Million
Market Forecast in 2033 USD 387.00 Million
Market Growth Rate 2025-2033 4.93%


India Polybutadiene Rubber (PBR) Market Trends:

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.

India Polybutadiene Rubber (PBR) Market Size

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.

India Polybutadiene Rubber (PBR) Market Segmentation:

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:

India Polybutadiene Rubber (PBR) Market By Application

  • Tire Manufacturing
  • Footwear
  • Sports Accessories
  • Others

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:

  • North India
  • South India
  • East India
  • West India

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.

Competitive Landscape:

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.

India Polybutadiene Rubber (PBR) Market News:

  • August 2023: Indian Oil Corporation Limited (IOCL) awarded thyssenkrupp Industrial Solutions India Private Ltd. (tkIS India) an EPC contract for a 60 KTPA Poly Butadiene Rubber Plant (PBR) at Panipat Refinery & Petrochemical Complex, Haryana. The factory, which employs polybutadiene rubber for tire and additive manufacturing, will be built on an LSTK basis with technology from a well-known licensor.
  • March 2022: Indian Oil Corp (IOC) revealed its plans to establish a 60,000-tonne/year polybutadiene rubber (PBR) plant at its naphtha cracker complex in Panipat, Haryana. The project, estimated to cost INR 14.59bn (USD 191.7m), is expected to be operational by 2025.

India Polybutadiene Rubber (PBR) Market Report Coverage:

Report Features Details
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:
  • Application
  • Region
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:

  • How has the India polybutadiene rubber (PBR) market performed so far and how will it perform in the coming years?
  • What is the breakup of the India polybutadiene rubber (PBR) market on the basis of application?
  • What are the various stages in the value chain of the India polybutadiene rubber (PBR) market? 
  • What are the key driving factors and challenges in the India polybutadiene rubber (PBR) market?
  • What is the structure of the India polybutadiene rubber (PBR) market and who are the key players?
  • What is the degree of competition in the India polybutadiene rubber (PBR) market? 

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India polybutadiene rubber (PBR) market from 2019-2033.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the India polybutadiene rubber (PBR) market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India polybutadiene rubber (PBR) industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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India Polybutadiene Rubber (PBR) Market Size, Share, Trends and Forecast by Application and Region, 2025-2033
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