Neodymium-based butadiene rubber (NdBR), also known as neodymium-based butadiene rubber, is a synthetic rubber with a high cis structure content obtained by solution polymerization of butadiene monomers. The main characteristic of this rubber is the presence of neodymium atoms in its molecular chains, which endows it with unique physical and chemical properties.

According to the different molecular chain structures, neodymium-based butadiene rubber can be divided into cis-1,4 structure, trans-1,2 structure, and vinyl-1,2 structure. Among them, the cis-1,4 structure is the most common because it endows rubber with good elasticity and wear resistance. According to the different performance characteristics, neodymium-based butadiene rubber can also be divided into universal type, high tensile type, high wear resistance type, and high cold resistance type.

Overview of Market Development and Analysis of Downstream Application Patterns

As an important type of synthetic rubber, neodymium-based butadiene rubber is increasingly prominent in the global rubber market. In recent years, the global production and consumption of neodymium-based butadiene rubber have shown a steady growth trend, and its market is also steadily expanding. According to research data from Beizhes, the global neodymium-based butadiene rubber market revenue in 2023 was $1496 million. In the coming years, with the development of the global economy and the improvement of people's living standards, the demand for high-quality rubber products will continue to increase, which will bring new impetus to market development. It is expected that the global neodymium-based butadiene rubber market revenue will increase to $2179 million by 2025.

From downstream applications, neodymium-based butadiene rubber has a wide range of applications in fields such as tires, industrial products, and shoe materials. Among them, the tire industry is the largest downstream application market, accounting for 70.54% in 2023.

Source: www.globalmarketmonitor.com

Analysis of Market Development in Major Regions

Research shows that the Asia Pacific region is the world's largest producer and consumer market for neodymium-based butadiene rubber. Data shows that in 2023, the consumption of neodymium-based butadiene rubber in the Asia Pacific region was 285.7k tons, with market revenue of $589 million, accounting for 35.18% of the global total revenue; The European and American markets ranked second and third respectively with a share of 33.82% and 28.55%; The market for neodymium based butadiene rubber is relatively small in regions such as the Middle East and Africa.

Global Neodymium-based Butadiene Rubber Consumption, Market Revenue and Share by Region in 2023

Regions	Consumption (K Tons)	Market Revenue (Million USD)	Share
Americas	186.8	478	28.55%
Europe	229.3	567	33.82%
Asia Pacific	285.7	589	35.18%
Middle East & Africa	20.6	41	2.46%

Source: www.globalmarketmonitor.com