Rare earth butadiene rubber, also known as neodymium-based butadiene rubber, is a butadiene rubber polymerized by a catalytic system with rare earth metal neodymium as the main body. Using this rubber as raw material to manufacture tires can greatly improve the quality and performance of tires.

This product is suitable for various raw material formulas of radial tires and bias tires and can be used together with natural rubber and styrene-butadiene rubber. Compared with the widely used nickel-based butadiene rubber, rare earth butadiene rubber can reduce tire hysteresis loss and internal heat, reduce rolling resistance, and improve tire wear resistance and wet skid resistance. It can improve the durability and high-speed performance of tires. Other uses include footwear, sporting goods (golf balls), conveyor belts, etc.

The global Rare Earth Rubber market size is projected to grow from US$ 2099 million in 2024 to US$ 2569 million in 2030; it is expected to grow at a CAGR of 3.4% from 2024 to 2030.

ReportPrime's newest research report, the “Rare Earth Rubber Industry Forecast” looks at past sales and reviews total world Rare Earth Rubber sales in 2023, providing a comprehensive analysis by region and market sector of projected Rare Earth Rubber sales for 2024 through 2030. With Rare Earth Rubber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rare Earth Rubber industry.

This Insight Report provides a comprehensive analysis of the global Rare Earth Rubber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rare Earth Rubber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rare Earth Rubber market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rare Earth Rubber and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rare Earth Rubber.

Market estimation for 2024 through 2030:

• United States: estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• China: estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• Europe: estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Rare Earth Rubber players cover:

1. Arlanxeo
2. Sinopec Beijing Yanshan Petrochemical
3. Transfar Chemicals
4. Nizhnekamskneftekhim
5. Kumho Petrochemical

In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of the Rare Earth Rubber market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

• NdBR
• NdIR

Segmentation by Application:

• Tire
• Shoes
• Golf
• Hoses and Belts
• Others

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

1. Arlanxeo
2. Sinopec Beijing Yanshan Petrochemical
3. Transfar Chemicals
4. Nizhnekamskneftekhim
5. Kumho Petrochemical
6. SIBUR Holding OJSC
7. Synthos
8. JSR Corporation
9. China National Petroleum Corporation
10. CHIMEI
11. JSC Synthez-Kauchuk
12. Zeon
13. Goodyear Chemical
14. Kraton Corporation
15. Kuraray

Key Questions Addressed in this Report:

• What is the 10-year outlook for the global Rare Earth Rubber market?
• What factors are driving Rare Earth Rubber market growth globally and by region?
• Which technologies are poised for the fastest growth by market and region?
• How do Rare Earth Rubber market opportunities vary by end market size?
• How does Rare Earth Rubber break out by Type, by Application?