Top 10 Companies in the Polybutadiene Elastic Industry (2024): Key Players Driving Polymer Innovation

In Business Insights
January 28, 2026


The Global Polybutadiene Elastic Market was valued at USD 8.54 Billion in 2024 and is projected to reach USD 12.18 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This growth is primarily fueled by rising demand from the tire manufacturing sector, expansion in polymer modification applications, and the increasing need for high-performance rubber products across various industries.

As global industries increasingly demand materials with superior elasticity, abrasion resistance, and low-temperature flexibility, polybutadiene elastomers have become indispensable. These synthetic rubbers are critical components in everything from automotive tires to industrial hoses and consumer goods. In this blog, we profile the Top 10 Companies in the Polybutadiene Elastic Industry—a diverse group of chemical giants, specialized manufacturers, and regional leaders shaping the supply chain for this vital polymer.

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Global Polybutadiene Elastic Market – View in Detailed Research Report


🔟 1. RAHA GROUP

Headquarters: Tehran, Iran
Key Offering: High Cis Polybutadiene Rubber, Low Cis Polybutadiene Rubber

RAHA GROUP is a leading producer of petrochemical products in the Middle East, with a significant focus on polybutadiene elastomers. The company operates one of the region’s largest rubber production facilities, serving both domestic and international markets with high-quality synthetic rubber products.

Innovation Initiatives:

  • Expansion of production capacity for tire-grade polybutadiene

  • Development of customized polybutadiene grades for specific industrial applications

  • Strategic partnerships with global automotive and tire manufacturers


9️⃣ 2. SIBUR International GmbH

Headquarters: Moscow, Russia
Key Offering: SKD rubber grades, Nd-BR (Neodymium Polybutadiene Rubber)

SIBUR International, a subsidiary of SIBUR Holding, is one of the largest petrochemical holdings in Russia and a major global player in synthetic rubber production. The company’s polybutadiene products are renowned for their consistency and performance characteristics, making them preferred choices for premium tire manufacturing.

Innovation Initiatives:

  • Investment in neodymium-catalyzed polybutadiene technology for superior product properties

  • Development of sustainable rubber solutions with reduced environmental impact


8️⃣ 3. Triveni Chemicals

Headquarters: Kanpur, India
Key Offering: Industrial-grade Polybutadiene, Custom Rubber Compounds

Triveni Chemicals has established itself as a reliable supplier of chemical products across various sectors. Their polybutadiene offerings cater primarily to industrial rubber manufacturing and polymer modification applications, with a strong focus on quality control and customer-specific formulations.

Innovation Initiatives:

  • Development of specialized polybutadiene compounds for niche applications

  • Expansion of production capabilities to meet growing domestic demand


7️⃣ 4. Narula International

Headquarters: New Delhi, India
Key Offering: Polybutadiene Rubber, Rubber Chemicals, Polymer Additives

Narula International operates as a key distributor and supplier of rubber and polymer products across multiple continents. The company has built strong relationships with manufacturers and end-users, providing a diverse portfolio of polybutadiene grades suitable for various industrial applications.

Innovation Initiatives:

  • Supply chain optimization for efficient global distribution

  • Technical support services for polymer compound development

Download FREE Sample Report:
Global Polybutadiene Elastic Market – View in Detailed Research Report


6️⃣ 5. Ananta Polyrubb Pvt. Ltd.

Headquarters: Mumbai, India
Key Offering: Custom Polybutadiene Compounds, Rubber Processing Aids

Ananta Polyrubb specializes in manufacturing and supplying high-quality rubber products, with polybutadiene being a core component of their portfolio. The company serves diverse industries including automotive, construction, and consumer goods with tailored rubber solutions.

Innovation Initiatives:

  • Development of eco-friendly rubber compounds

  • Continuous improvement in product quality and processing characteristics


5️⃣ 6. Munjal Agro

Headquarters: New Delhi, India
Key Offering: Agricultural-grade Rubber Products, Industrial Polymers

While primarily known for agricultural products, Munjal Agro has diversified into industrial polymers including polybutadiene. The company leverages its distribution network to serve various regional markets with quality-assured rubber products.

Innovation Initiatives:

  • Diversification into high-value chemical products

  • Strategic expansion into emerging industrial markets


4️⃣ 7. Opcbusiness

Headquarters: Kiev, Ukraine
Key Offering: Polybutadiene Rubber, Synthetic Rubber Products

Opcbusiness operates as a significant supplier of chemical products in Eastern Europe, with polybutadiene rubber being a key offering. The company serves various industrial sectors with a focus on quality and reliability in their product formulations.

Innovation Initiatives:

  • Development of cost-effective rubber solutions for regional markets

  • Strengthening supply chain partnerships across Europe


3️⃣ 8. Taragot

Headquarters: Milan, Italy
Key Offering: Specialty Polybutadiene Grades, High-Performance Elastomers

Taragot specializes in high-performance elastomers and synthetic rubbers, serving demanding applications across Europe. Their polybutadiene products are known for consistent quality and performance characteristics suitable for technical applications.

Innovation Initiatives:

  • Focus on high-value specialty rubber grades

  • Technical collaboration with European manufacturers


2️⃣ 9. Chandra Prabhu International Limited

Headquarters: New Delhi, India
Key Offering: Polybutadiene Rubber, Petrochemical Products

Chandra Prabhu International has established itself as a reliable supplier in the global chemical market. Their polybutadiene products cater to various industrial applications, supported by robust quality assurance processes and customer service.

Innovation Initiatives:

  • Expansion of product portfolio to include specialized rubber grades

  • Strengthening of international distribution networks


1️⃣ 10. HJ Oil Group

Headquarters: Singapore
Key Offering: Polybutadiene Rubber, Base Chemicals

HJ Oil Group operates across the energy and chemical sectors, with polybutadiene rubber being an important part of their chemical portfolio. The company leverages its global presence to supply quality rubber products to diverse industrial customers.

Innovation Initiatives:

  • Integration of rubber products with broader chemical portfolio

  • Market expansion initiatives across Asia-Pacific regions

Get Full Report Here:
Global Polybutadiene Elastic Market – View in Detailed Research Report


🌍 Outlook: The Future of Polybutadiene Elastic Is High-Performance and Sustainable

The polybutadiene elastic market is evolving rapidly as industries demand materials with enhanced performance characteristics and improved sustainability profiles. While traditional applications continue to drive volume growth, new innovations are expanding the potential uses of this versatile polymer.

📈 Key Trends Shaping the Market:

  • Growing demand for fuel-efficient tires with lower rolling resistance

  • Development of sustainable and bio-based polybutadiene alternatives

  • Expansion of applications in polymer modification and advanced materials

  • Technological advancements in catalyst systems for improved product properties

Get Full Report Here:
Global Polybutadiene Elastic Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials to global industries—they’re driving innovation and sustainability in polymer technology.