Polybutadiene Rubber Price Trend and Forecast

Polybutadiene Rubber Regional Price Overview

Get the latest insights on price movement and trend analysis of Polybutadiene Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Polybutadiene Rubber (PBR) Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Polybutadiene Rubber (PBR) Chemicals USA 1809 USD/MT March 2024
Polybutadiene Rubber (PBR) Chemicals Europe 1590 USD/MT March 2024


Stay updated with the latest Polybutadiene Rubber (PBR) prices, historical data, and tailored regional analysis
 

Asia

In the Asian markets, the pricing outlook for polybutadiene rubber was largely optimistic for the most part. In China, the overall economic recovery in the post COVID phase has been happening rather slowly. Still, with the ongoing efforts, the downstream demands for polybutadiene rubber finally showed some increments during the said time. The manufacturing sector was being pushed, and thus, the tires, belts, automotive, and other industrial manufacturing companies presented good demands for polybutadiene rubber.
 

Polybutadiene Rubber Price Chart

Polybutadiene Rubber Price Trends and Forecast

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Seeing this margin the suppliers too raised the prices. Similarly, in the Indian market as well, an optimum price performance was witnessed for PBR during the said period. The inclinations in the raw material markets also helped in raising the prices here.

Europe

In the European market, the biggest market-driving factor for polybutadiene rubber was the upswing in crude oil prices. In the ongoing Russia-Ukraine war, Ukraine launched missiles at the key refining locations in Russia, thus implicating the overall output of the OPEC+ country. The Russian oil supplies immediately crumbled by around 7%. Iraq, too, announced a cut in its OPEC+ quota. This caused an upstir in the whole crude oil industry, including petrochemicals.

Thus, the polybutadiene rubber prices got inflated in the European markets. Some occasional demand dips were attributed to the shifts in downstream demands from the manufacturing sectors, but the high production and shipping costs kept the European polybutadiene rubber market anchored for the most part. Overall, a mixed market performance was seen during Q1’24.

North America

The American price trajectory for polybutadiene rubber was in close alliance with its Asian and European counterparts. The market was a little steady in the early days as the holiday season in the New Year kept industrial activities limited initially. However, as time went by the other trade hindrances with mounting shipping and logistic issues started dominating. A vessel transporting goods from Saudi Arabia to Bulgaria was struck by missiles, marking the third cargo attacked by Houthi rebels in Yemen. These events became more common and curtailed international trade, increasing suppliers’ dependency on the domestic markets.

Analyst Insight

According to Procurement Resource, the Polybutadiene Rubber price trends are going to remain inclined in the coming months; the projections look positive.
 

Polybutadiene Rubber Price Trend for the October - December of 2023

Asia

The primary factor influencing the price trend for polybutadiene rubber is the automotive industry. Due to increased demand and an improved supply of raw materials, this industry saw signs of improvement in the fourth quarter.

However, it was unable to sustain price trend for polybutadiene rubber as a sharp drop in raw material costs and heightened competition in Asian markets led to a number of challenges for polybutadiene rubber and, in turn, were the main cause of the polybutadiene rubber price depreciation. Additionally, there was a notable decrease in the cost of producing polybutadiene rubber as crude oil prices steeply fell and hindered the rise of the price graph for the material.

Europe

The sales figures were in favor of the polybutadiene rubber market, but despite that, the prices fell in European markets. The cause of this was attributed to the restricted supply of raw materials in the region. Thus, instead of raising the prices of polybutadiene rubber, the increased number of sales could only help in the stabilization of polybutadiene rubber price trend.

In addition to this, the European Central Bank maintained its previous interest rates, resulting in muted new orders from the construction sector. Further, the number of new building orders in Germany also saw a steady decline, especially for housing, which had already hit an all-time low in previous quarters. Thus, these difficulties in the region made the growth of polybutadiene rubber price trend nearly impossible.

North America

Despite strong sales in the larger automotive sector during the initial phase of the fourth quarter, polybutadiene rubber prices declined in the US market. The car manufacturers' demand gradually touched lower numbers in each consecutive month of the last quarter, which provided a suitable explanation for the abrupt rise in high stockpiles. The purchasing activities of the direct consumers were also constrained under the pressure of rising inflation and poor trading activities, which was enough for the polybutadiene rubber prices to face southwards.

Analyst Insight

According to Procurement Resource, the price trend of Polybutadiene Rubber are estimated to follow the complex interplay of diverse factors but will mainly be dependent on the demand dynamics downstream construction and automotive industries.
 

Polybutadiene Rubber Price Trend for the July - September of 2023

Asia

The automotive sector is the major driver of polybutadiene rubber price trend. This industry witnessed a surge due to the improved supply of semiconductors and the rise in its demand but failed to support the polybutadiene rubber price trend during the third quarter of 2023.

The key factor in the depreciation of the prices of polybutadiene rubber was a steep decline in the cost of raw materials and increased competition in the Asian markets. Further, the cost of production of polybutadiene rubber also saw a significant decline that hampered the growth of the polybutadiene rubber price graph.

Europe

The European countries followed a declining trajectory in terms of polybutadiene rubber prices. The market suffered from the ill effects of the consistently declining cost of raw materials and the downward trend adopted by its demand from the downstream industries. Despite improvement in the sales number of automotive industries, the polybutadiene rubber price graph found it hard to stabilize itself amid challenging economic conditions and the rising pressure of inflation.

North America

In North America, the first half of the third quarter enjoyed a surge in polybutadiene rubber price trend on account of increasing demand and the strong momentum of downstream industries. The automotive and vehicles sector had a major share in driving the demand for polybutadiene rubber towards an inclining trajectory. However, as the quarter progressed, the manufacturing activities slumped along with the number of new orders for polybutadiene rubber. Further, deceleration in the cost of raw materials reduced the cost of production, resulting in a decline in the prices of polybutadiene rubber.

Analyst Insight

According to Procurement Resource, the price trend of Polybutadiene Rubber are expected to bear a southward journey due to weak global sentiments of the polybutadiene rubber market.
 

Polybutadiene Rubber Price Trend for the First Half of 2023

Asia

In the Asia Pacific region, the price trend of polybutadiene rubber fluctuated in the first quarter of 2023 but inclined in the second quarter. The initial months of the first quarter were favorable for the prices of polybutadiene rubber, but soon, the trend declined due to the feeble market sentiments of the automotive sector.

However, the second quarter witnessed a gradually inclining trajectory for the price trend of polybutadiene rubber. The downstream sector increased its market momentum, and with significant growth in the pharmaceutical and automotive sectors, the prices of polybutadiene rubber surged.

Europe

In Europe, the price trend of polybutadiene rubber declined in the first and second quarters of 2023. The price sentiments suffered from the weak performance of tire industries, decreasing energy prices, and a notable decline in the production cost of polybutadiene rubber. The reduction in new orders in the latter months of the second quarter and slow exports of materials further pushed the prices of polybutadiene rubber into the negative zone despite the improvement in the performance of the automotive sector.

North America

The prices of polybutadiene rubber fluctuated in the North American region in the first and second quarters of 2023. The price trend was mostly affected by the decline in the production activities of the automotive sector. Also, the low demand from the construction sector reduced the number of new orders leading to the rise in inventory levels and thus aiding in the falling of polybutadiene rubber prices.

Analyst Insight

According to Procurement Resource, the price trend of Polybutadiene Rubber is estimated to showcase a fluctuation trend owing to the uncertainties in the demands from the downstream automotive sector across the regional markets.

Procurement Resource provides latest prices of Polybutadiene Rubber. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Polybutadiene Rubber

Polybutadiene Rubber, commonly referred to as PBR, is a synthetic elastomer made from the polymerization of butadiene monomers. It is a type of synthetic rubber with high resilience and excellent elasticity. PBR possesses remarkable tensile strength, abrasion resistance, and low-temperature flexibility, making it suitable for various applications.

Its key properties include good resistance to wear and tear, superior impact resistance, and high resilience, which are advantageous in the production of tires, conveyor belts, seals, gaskets, and other automotive and industrial products. Additionally, its ability to blend with other rubbers further enhances its application versatility.

Polybutadiene Rubber Product Details

Report Features Details
Product Name Polybutadiene Rubber
Chemical Formula (C4H6)n
Industrial Uses Tire manufacturing, Automotive part production, Industrial Belts and Conveyor belts, Sports Equipment, Adhesives and sealants
HS Code 40022000
CAS Number 9003-17-2
Supplier Database ARLANXEO, ZEON CORPORATION, LANXESS, UBE CORPORATION
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Polybutadiene Rubber Production Processes

In this procedure, a catalyst is used to catalyze the polymerization of pure dry butadiene. To create polybutadiene rubber, polybutadiene is extracted from the solvent, washed to remove the catalyst, and dried.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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