The rising demand for synthetic rubber in automobile tire manufacture is expected to boost market growth for polybutadiene. The Global Polybutadiene Market is expected to reach USD 5.83 billion by 2025, according to a new report by Grand View Research, Inc. The high demand for polybutadiene can be attributed to properties such as abrasion resistance, high resilience and cut growth resistance. It is used in combination with other rubbers for the manufacture of tires, industrial products, and consumer products. Tire manufacturing is the major application segment in the market. Manufacturers are also exploring downstream potential as the price of polybutadiene in these applications is more stable. The demand is high in Asia Pacific owing to the presence of a robust application industry. The presence of companies such as JSR Corporation and Reliance Industries Ltd. is driving market growth in this region. North America accounted for 22.4% of the polybutadiene market in 2016 courte