Evonik Expands Global HTPB Production to Support Liquid Polybutadiene Market Growth

Evonik Extends Global Manufacturing Of Hydroxyl-Terminated Polybutadienes

Evonik announced a strategic expansion of its hydroxyl-terminated polybutadiene (HTPB) production capacity to address escalating global demand for high-performance materials. The initiative includes a substantial capacity upgrade at the company's Marl facility in Germany, slated for completion by the second quarter of 2027.

Key Aspects of the Expansion

These initiatives build upon prior strategic expansions, including the 2024 capacity enhancement for HTPB production at the Marl site and the 2025 commissioning of a Polyvest ST-E 60 facility in Shanghai. Strategic investments in Germany and Asia reinforce Evonik’s position as a premier supplier of innovative materials for the paints, coatings, adhesives, and sealants sectors. The new Asian facility is designed to meet rising regional demand and support international production hubs. These strategic expansions are designed to enhance manufacturing capacity while fortifying Evonik’s market position in key regions, ensuring a resilient and reliable supply for growing demands. 

According to Towards Chemicals And Materials Analytics and Consulting, the global liquid polybutadiene market size was estimated at USD 2.55 billion in 2025 and is expected to be worth around USD 4.9 billion by 2035, growing at a CAGR of 6.75% from 2026 to 2035. as demand for thermosetting plastic additives is increasing across various sectors.

Surging Commercial Air Travel Accelerates the Liquid Polybutadiene Market

• Increasing vehicle production and a transition towards high-performance, fuel-efficient tires, fueling the demand for liquid polybutadiene.
• Surge in infrastructure development and industrial activities boosts the demand for specialized adhesives and sealants, where LPBD gives exceptional abrasion resistance and elasticity.
• Strict environmental regulations are driving the adoption of low-volatile organic compound (VOC) materials, optimizing the use of liquid polybutadiene in coatings and paints.
• Research into bio-based, renewable alternatives is increasingly gaining traction with market players emphasizing greener solutions to meet sustainability goals.