The Global Neodymium Butadiene Rubber (NdBR) Market was valued at USD 1.8 Billion in 2024 and is projected to reach USD 2.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This expansion is primarily fueled by escalating demand from the global tire industry, particularly for high-performance radial tires, alongside increasing applications in industrial hoses, belts, and footwear that require superior abrasion resistance and low rolling resistance.

As the automotive and industrial sectors increasingly prioritize fuel efficiency, durability, and sustainability, the focus intensifies on advanced elastomers like NdBR. In this blog, we profile the Top 10 Companies in the NdBR Industry—a combination of established chemical giants, specialized polymer producers, and regional leaders shaping the supply chain for this critical high-performance rubber.

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🔟 1. LANXESS AG

Headquarters: Cologne, Germany
Key Offering: NdBR grades for tires and technical rubber goods

LANXESS is a global specialty chemicals leader and a major force in the synthetic rubber market. Its NdBR products are renowned for their high cis-content, which imparts excellent mechanical properties, making them ideal for high-performance tire treads and other demanding applications. The company leverages its technological expertise to serve automotive and industrial customers worldwide.

Innovation and Capacity Initiatives:

• Continuous investment in R&D for higher-performance NdBR grades

• Strategic expansions in Asia to capture growing market demand

• Focus on sustainable production processes and circular economy principles

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9️⃣ 2. Sinopec Yanshan Petrochemical

Headquarters: Beijing, China
Key Offering: A comprehensive portfolio of NdBR products

As a subsidiary of the China Petroleum & Chemical Corporation (Sinopec), Yanshan Petrochemical is one of China’s largest and most advanced producers of synthetic rubber, including NdBR. The company plays a critical role in supplying the domestic Chinese tire industry, which is the largest in the world, and is expanding its international footprint.

Innovation and Capacity Initiatives:

• Significant production capacity dedicated to serving the Asian market

• Investment in proprietary catalyst technologies for improved product quality

• Integration with upstream raw material sources for supply chain stability

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8️⃣ 3. Kumho Petrochemical

Headquarters: Seoul, South Korea
Key Offering: High-cis NdBR for green tires

Kumho Petrochemical is a leading South Korean chemical company with a strong focus on synthetic rubbers. The company is a key supplier of NdBR to global and domestic tire manufacturers, emphasizing the development of products that enhance fuel efficiency through lower rolling resistance, a critical factor in the “green tire” segment.

Innovation and Capacity Initiatives:

• Strong R&D focus on eco-friendly rubber solutions

• Strategic partnerships with global automotive and tire companies

• Expansion of production capabilities to meet increasing demand

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7️⃣ 4. Sibur

Headquarters: Moscow, Russia
Key Offering: NdBR for various industrial applications

Sibur is a leading petrochemical company in Russia and one of the fastest-growing globally. Its synthetic rubber segment includes the production of NdBR, which is supplied to tire manufacturers and other industries both within the CIS region and internationally. The company benefits from vertical integration, with access to key raw materials.

Innovation and Capacity Initiatives:

• Large-scale, integrated production facilities

• Focus on expanding export markets beyond the CIS region

• Investment in modernizing and upgrading production technologies

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6️⃣ 5. JSR Corporation

Headquarters: Tokyo, Japan
Key Offering: Specialty NdBR grades

JSR Corporation is a Japanese multinational company renowned for its expertise in elastomers, plastics, and other high-performance materials. Its NdBR products are known for their consistent quality and performance, catering to the stringent requirements of Japanese and global tire makers for high-end applications.

Innovation and Capacity Initiatives:

• Pioneering research in advanced polymer technologies

• Development of customized NdBR solutions for specific customer needs

• Strong focus on quality control and technical customer support

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5️⃣ 6. Nizhnekamskneftekhim (NKNH)

Headquarters: Nizhnekamsk, Russia
Key Offering: A wide range of synthetic rubbers, including NdBR

Nizhnekamskneftekhim is one of the largest petrochemical manufacturers in Russia and a major producer of synthetic rubbers. The company’s NdBR production supports a significant portion of the tire industry’s demand in Eastern Europe and Asia, leveraging its large-scale production complex.

Innovation and Capacity Initiatives:

• One of the world’s largest single-site synthetic rubber producers

• Ongoing modernization projects to enhance efficiency and product range

• Strategic importance in the regional supply chain for automotive components

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4️⃣ 7. Synthos S.A.

Headquarters: Oświęcim, Poland
Key Offering: NdBR for the European market

Synthos is a leading European manufacturer of chemical raw materials, including synthetic rubbers. The company produces NdBR that is critical for the European tire and automotive industries, emphasizing sustainable practices and innovation to meet evolving regulatory and performance standards.

Innovation and Capacity Initiatives:

• Investment in bio-based and recycled raw material initiatives

• Strong presence in the EU market with a focus on customer-centric solutions

• Commitment to reducing the environmental footprint of its operations

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3️⃣ 8. TSRC Corporation

Headquarters: Taipei, Taiwan
Key Offering: High-performance NdBR

TSRC is a major global supplier of synthetic rubber, with a significant market share in NdBR. The company operates production facilities in Taiwan and China, strategically positioning itself to serve the vibrant Asian manufacturing hub with high-quality rubber products for tires and industrial goods.

Innovation and Capacity Initiatives:

• Continuous capacity expansion to keep pace with market growth

• Focus on developing NdBR with improved processing and performance characteristics

• Robust global sales and distribution network

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2️⃣ 9. Chi Mei Corporation

Headquarters: Tainan, Taiwan
Key Offering: NdBR and other advanced elastomers

Chi Mei is a leading Taiwanese chemical company with a strong portfolio in synthetic rubbers and plastics. Its NdBR production supports a diverse range of applications, from automotive tires to consumer goods, with a reputation for reliability and technical excellence.

Innovation and Capacity Initiatives:

• Diversified product portfolio catering to various industry segments

• Investment in sustainable material development

• Strategic focus on high-growth end markets in Asia and beyond

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1️⃣ 10. Zibo Qixiang Tengda Chemical

Headquarters: Zibo, China
Key Offering: NdBR and related chemical intermediates

Zibo Qixiang Tengda Chemical is a significant Chinese producer in the petrochemical sector, with growing capabilities in synthetic rubber production, including NdBR. The company is part of China’s expanding chemical industry, aiming to meet domestic demand and participate in the global market.

Innovation and Capacity Initiatives:

• Rapid scaling of production capacity to capture domestic market share

• Focus on backward integration for cost competitiveness

• Increasing emphasis on product quality and technical service

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🌍 Outlook: The Future of NdBR is Tied to Sustainability and Performance

The NdBR market is experiencing a significant transformation. While traditional performance attributes like wear resistance remain paramount, the industry is increasingly driven by the sustainability agenda, particularly the demand for “green tires” that improve vehicle fuel efficiency and reduce CO2 emissions.

📈 Key Trends Shaping the Market:

• Rising demand for fuel-efficient green tires, mandating the use of high-performance rubbers like NdBR

• Stringent environmental regulations pushing for lower rolling resistance and reduced VOC emissions

• Geographic shift in production and consumption towards the Asia-Pacific region

• Research into bio-based butadiene and sustainable production methods for NdBR

Read Full Report: NdBR Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial material—they are enabling the next generation of efficient and durable products for the automotive and manufacturing sectors worldwide.