For the Quarter Ending December 2025
North America
North America鈥檚 automotive tyre raw materials market in Q4 2025 exhibited a generally soft trend, reflecting subdued demand from the tyre and automotive sectors alongside stable-to-ample supply conditions. Styrene-Butadiene Rubber (SBR) declined by 4.83%, while EPDM Rubber (-3.84%) and Polybutadiene Rubber (-0.97%) also softened, driven by cautious procurement from tyre manufacturers and adequate feedstock availability. Halo Butyl Rubber (-0.20%) showed marginal easing, indicating relatively balanced supply-demand dynamics in specialty rubber segments.
Among reinforcing materials, Silica prices fell by 1.90%, reflecting weak demand from green tyre production, while Carbon Black remained largely stable, supported by steady production and balanced inventories. Insoluble Sulphur (-0.6%) saw a slight decline due to sufficient supply and limited urgency in purchasing.
Steel Wire Rod prices edged up by 0.2%, supported by stable raw material costs and consistent demand for tyre reinforcement applications.
Overall, ample inventories, steady production rates, and muted automotive demand kept pricing under pressure, with limited volatility observed across the tyre raw materials value chain during the quarter.
APAC
APAC automotive tyre raw materials market in Q4 2025 witnessed a broadly bearish trend, driven by weak demand from the automotive sector, high inventories, and stable supply conditions. Key synthetic rubbers such as Styrene-Butadiene Rubber (SBR) declined by 4.18%, Polybutadiene Rubber (PBR) by 2.60%, and Halo Butyl Rubber by 5.80%, reflecting subdued tyre production and cautious procurement by manufacturers. EPDM Rubber recorded the steepest drop at 9.67%, pressured by oversupply and weak downstream demand.
Reinforcing materials also followed a downward trajectory, with Silica (-3.24%), Carbon Black (-3.2%), and Insoluble Sulphur (-5.6%) declining due to reduced consumption from tyre makers and adequate supply levels. Weak export demand and competitive pricing further intensified downward pressure across the region.
In contrast, Steel Wire Rod prices increased by 9.5%, supported by firm raw material costs and steady demand for reinforcement applications.
Overall, the market remained under pressure due to sluggish automotive activity, ample availability of materials, and cautious buying behavior, limiting any significant price recovery during the quarter.
Europe
Europe鈥檚 automotive tyre raw materials market in Q4 2025 reflected a predominantly bearish trend, driven by weak automotive demand, elevated inventories, and easing input costs. Styrene-Butadiene Rubber (SBR) recorded a sharp decline of 11.50%, indicating reduced tyre manufacturing activity and subdued replacement demand. EPDM Rubber (-2.41%) and Halo Butyl Rubber (-3.83%) also softened due to cautious procurement and sufficient supply levels across the region.
In contrast, Polybutadiene Rubber (PBR) showed a marginal increase of 0.83%, supported by selective demand from high-performance tyre segments and relatively tighter availability. Among reinforcing materials, Carbon Black prices fell significantly by 8.2%, reflecting lower feedstock costs and weak downstream consumption. Steel Wire Rod also declined by 6.5%, influenced by softer steel demand and reduced industrial activity, while Silica prices remained stable, indicating balanced supply-demand conditions.
Overall, the market was characterized by limited buying interest, steady production rates, and competitive pricing pressure, with weak automotive sector performance continuing to weigh on tyre raw material demand across Europe.
For the Quarter Ending June 2025
North America
The North American automotive tyre raw material sector in Q2 2025 faced broad-based bearishness, with most inputs recording declines amid soft demand, tariff disruptions, and cautious procurement. Styrene Butadiene Rubber (SBR) fell sharply (-10.94%) as auto and tyre producers cut purchases, pressured by weak vehicle sales and tariff-related uncertainty. Polybutadiene Rubber (PBR) (-2.41%) also weakened, though July saw stabilization supported by modest export traction to Brazil and Canada. EPDM (-1.52%) softened on subdued construction activity and steady but uninspiring auto output, while Halo Butyl Rubber (-1.31%) remained stable in July, supported by balanced tyre and construction demand despite falling feedstock costs. Silica (-2.94%) extended losses on depressed housing and construction sentiment, curbing polymer fillers鈥� offtake. Carbon Black (-2.38%) dropped in July due to high inventories and weak tyre restocking, despite steady feedstock costs. Steel Wire Rod (-3.95%) also trended lower as automotive and construction demand slowed, and imports weighed on domestic pricing. The only positive performer was Insoluble Sulphur (+3.0%), underpinned by resilient tyre demand, strong exports to Asia, and EV-driven specialty tyre adoption. Overall, the sector stayed under pressure, with oversupply, muted auto output, and trade uncertainty dampening sentiment.
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Europe
The European automotive tyre raw material sector in Q2 2025 presented a mixed trend, shaped by weak automotive output, sluggish construction activity, and logistical bottlenecks. Styrene Butadiene Rubber (SBR) gained +4.06% in July, though overall sentiment stayed weak-to-stable due to soft tyre/OEM demand and squeezed producer margins. Polybutadiene Rubber (PBR) fell -3.56% Q2 but edged up in July, supported by disciplined supply, restocking, and firm exports to China. EPDM declined -2.40%, with prices stabilizing in July as construction demand remained muted and auto restocking cautious. Halo Butyl Rubber (CIIR) dropped -2.05% Q2, but July held steady, with EV-related tyre demand offsetting lower construction activity. Silica rose +4.55%, benefiting from improved builder sentiment, EU-funded infrastructure, and stronger industrial activity. Carbon Black fell sharply (-4.96%), weighed down by weak OEM tyre demand, excess imports, and high coal tar inventories. Steel Wire Rod slipped -1.27%, pressured by soft industrial demand, imports, and slow infrastructure recovery. Overall, the sector reflected oversupply and demand fragility, with modest resilience in SBR, Silica, and PBR exports, while structural weakness persisted in traditional tyre fillers and steel inputs.
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APAC
The APAC automotive tyre raw material sector in Q2 2025 showed broad weakness, with most inputs trending lower due to sluggish autsomotive production, cautious procurement, and regional trade frictions. Styrene Butadiene Rubber (SBR) led the decline (-15.95%), pressured by weak auto exports, reduced tyre orders, and softer feedstock styrene and butadiene. Polybutadiene Rubber (PBR) fell sharply (-4.99% Q2), though July saw stabilization on modest restocking from tyre and footwear sectors. EPDM slipped (-3.60%) as China鈥檚 weak demand and export softness from Korea and Japan offset steady operating rates. Halo Butyl Rubber (-1.73%) eased with falling crude-linked costs but steadied in July on resilient NEV tyre demand. Carbon Black dropped (-7.14%) amid overcapacity, muted overseas restocking, and logistics slowdowns at Qingdao Port. Steel Wire Rod (-2.44%) softened on sluggish construction and minimal distributor restocking. By contrast, Silica (+3.31%) firmed on Chinese infrastructure investment and industrial growth, while Insoluble Sulphur (+2.83%) rose on steady tyre demand and cautious supply tightening despite feedstock softness. Overall, APAC鈥檚 tyre raw material markets remained under pressure, with selective resilience in green construction and specialty tyre inputs.
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For the Quarter Ending March 2025
North America
In Q1 2025, the North American automotive tire raw materials market exhibited a mixed pricing trend across key inputs. Styrene-Butadiene Rubber (SBR) and Polybutadiene Rubber (PBR) recorded modest declines of 3.19% and 2.56% respectively, influenced by weaker demand, softening feedstock prices鈥攅specially butadiene鈥攁nd inventory pressures, despite stable automotive production. EPDM Rubber (ENB 4.1鈥�5.5) prices slipped by 3.54%, driven by easing ethylene and propylene costs and moderated buying activity.
Conversely, Halo Butyl Rubber (HBR) posted a slight 0.66% increase amid tighter feedstock availability and recovering demand from electric vehicle segments. Silica prices rose sharply by 6.92%, supported by stable supply and rising input costs, despite subdued residential construction demand. Carbon black prices edged up by 3.10%, sustained by consistent automotive sector demand and elevated energy costs. In contrast, Insoluble Sulphur fell 6.11% due to steady production and moderate tire manufacturing demand, while Steel Wire Rod prices dropped by 5.41%, pressured by oversupply and weak end-use sector activity.
Overall, the quarter highlighted diverging trends among tire-related raw materials, shaped by feedstock cost shifts, global trade uncertainties, and sector-specific demand patterns.
Europe
In Q1 2025, the European automotive tire raw materials market exhibited a mixed trend driven by divergent dynamics across key products. Styrene-Butadiene Rubber (SBR) prices rose by 1.81% quarter-on-quarter, supported by modest demand from the tire sector and stable feedstock prices, despite broader weakness in the automotive industry. In contrast, Polybutadiene Rubber (PBR) prices declined by 1.00%, impacted by softened butadiene costs and logistical disruptions, although replacement tire sales offered some support. Ethylene Propylene Diene Monomer (EPDM) saw a marginal decline of 0.90% due to weak demand from automotive and construction sectors, despite stable supply and inventory levels. Halo Butyl Rubber (HBR) prices edged down by 0.47%, initially pressured by oversupply and weak demand but partially rebounding due to rising input costs and logistical delays in February and March. Silica prices increased by 4.14%, driven by stable supply amid persistent weakness in the construction sector, with Germany recording a 2.96% price rise. Conversely, carbon black prices dipped by 1.00% early in the quarter but firmed later due to rising energy costs and tight supply, reflecting a broadly stable to bullish outlook. Meanwhile, Steel Wire Rod, essential for reinforcing tire structures, recorded a 0.84% price increase, propelled by supply chain disruptions, rising operational and freight costs, and environmental compliance expenses. Overall, the tire raw material market remained resilient, with price movements shaped by a complex interplay of supply-side constraints, input costs, and subdued but stabilizing demand.
APAC
In Q1 2025, the automotive tyre raw materials market in the APAC region exhibited a predominantly downward pricing trend, reflecting a mix of weak demand fundamentals, economic uncertainty, and fluctuating feedstock costs. Styrene-Butadiene Rubber (SBR) prices declined by 4.46%, pressured by sluggish demand across the automotive sector, especially for internal combustion engine vehicles, and inconsistent feedstock pricing. Polybutadiene Rubber (PBR), however, recorded a modest increase of 1.68% due to stable demand and resilient vehicle sales in Japan, despite declining butadiene costs. Ethylene Propylene Diene Monomer (EPDM) prices dropped by 1.12% as demand from both construction and automotive sectors softened amid rising labor costs and reduced project completions. Halo Butyl Rubber (HBR) declined by 2.50% due to weak tyre-related demand and fluctuating feedstock and freight costs, although some recovery was seen in February. The Insoluble Sulphur market fell by 3.84%, driven by oversupply and subdued tyre manufacturing activity in Malaysia. Similarly, Carbon Black prices saw a 3.70% decline, despite late-quarter cost-side pressures from higher energy prices and logistics disruptions. Steel Wire Rod, essential for tyre reinforcement, experienced the sharpest drop of 5.20%, reflecting oversupply and a seasonal downturn in steel demand. In contrast, Silica bucked the trend with a notable increase of 5.23%, supported by steady demand and government-backed construction recovery in China.
Overall, the market showed mixed signals, with most raw materials under pressure from weak downstream consumption and macroeconomic challenges, while select segments like Silica and PBR offered some stability.
For the Quarter Ending December 2024
North America
In Q4 2024, the North American automotive tire raw material market exhibited mixed pricing trends, with certain commodities witnessing price increases due to supply constraints and rising feedstock costs, while others faced bearish conditions amid weakening demand and ample inventory levels.
Polybutadiene Rubber (PBR) prices rose by 2.65% quarter-on-quarter, supported by stable automotive and tire sector demand, despite a brief decline in early January. Halo Butyl Rubber (HBR) saw a 1% increase, driven by strong tire manufacturing demand and stable Isobutylene supply. Insoluble Sulphur prices fluctuated but remained elevated, reflecting higher Sulphur costs earlier in the quarter before stabilizing in December. Zinc Oxide experienced modest price growth, supported by steady rubber industry demand and increasing Zinc Ingot costs. Carbon Black (N220) prices trended bullishly, largely due to supply disruptions from refinery shutdowns and port strikes, despite softer demand in some sectors. EPDM Rubber edged up by 0.87%, benefiting from stable supply and moderate demand recovery. Stearic Acid recorded the sharpest rise, surging 8% quarter-on-quarter, driven by a 10% increase in palm oil prices and rising freight costs.
However, other key tire raw materials experienced downward price trends due to weak demand, excess inventory, and lower feedstock costs. Styrene-Butadiene Rubber (SBR) prices declined, influenced by falling Butadiene costs despite stable tire sector demand. Para-Phenylene Diamine (PPD) remained bearish, facing weak consumption, oversupply, and declining feedstock prices. Nylon Tire Yarn (NTY) prices remained under slight pressure, impacted by seasonal slowdowns in tire production and stable supply levels. Steel Wire Rod prices fell by 1%, as oversupply and sluggish end-use demand created downward pricing pressure. While strong EV adoption and tire sector resilience provided some support, weaker demand in select segments tempered overall market momentum heading into early 2025.
APAC
In Q4 2024, the APAC region's market for automotive tire raw materials displayed mixed trends, influenced by a combination of factors such as demand fluctuations, supply-side constraints, and feedstock price dynamics. The Styrene-Butadiene Rubber (SBR) market faced a downward trend, with prices declining due to weaker demand, particularly from the automotive and tire sectors. This decline was exacerbated by lower feedstock costs, including a drop in Butadiene prices, and a sluggish market environment. In contrast, the Polybutadiene Rubber (PBR) market in China saw a modest increase in prices, driven by stable butadiene pricing, steady production rates, and firm demand from automotive and tire manufacturing, which continued to support the market. Similarly, the Zinc Oxide market showed resilience, with a moderate price increase driven by steady demand from key industries, particularly rubber, and the strong position of the Indian market.
On the other hand, markets like Para-Phenylene Diamine (PPD) and Nylon Tire Yarn (NTY) exhibited bearish trends, with weak demand, high inventory levels, and economic challenges placing downward pressure on prices. While the Carbon Black N220 market experienced an initial bullish phase, rising butadiene rubber prices and strong demand from NEVs contributed to upward price pressure, followed by a softening towards the end of the quarter due to lower global tire demand. The Stearic Acid market saw upward price pressure, primarily due to rising palm oil prices in Southeast Asia and supply chain disruptions. However, in other segments, such as the Steel Wire Rod market, prices decreased due to oversupply, reduced demand, and rising input costs.
In general, while certain segments like PBR and Zinc Oxide experienced positive growth, the overall outlook for the tire raw material market in APAC remained subdued, with a cautious market sentiment and mixed demand trends across various sectors.
Europe
In Q4 2024, the European automotive tire raw material market exhibited mixed price trends, influenced by fluctuating demand, feedstock costs, and supply chain dynamics. Prices of Styrene-Butadiene Rubber (SBR) and Stearic Acid saw an upward trajectory, driven by rising feedstock costs and constrained supply. SBR prices increased steadily due to higher butadiene and styrene costs, alongside growing demand from the recovering automotive sector, particularly for electric vehicle (EV) tires. Similarly, Stearic Acid prices surged by 6% compared to Q3, primarily due to elevated palm oil costs and supply limitations in Southeast Asia.
In contrast, Polybutadiene Rubber (PBR), Nylon Tire Yarn (NTY), and Carbon Black N220 faced a downward trend due to weaker demand and external market pressures. PBR prices in Germany declined by 1.51% because of subdued tire sector performance and moderate demand, despite stable supply conditions. NTY prices also experienced slight downward pressure, reflecting seasonal trends and weak consumer spending in the latter half of the quarter. Additionally, Carbon Black N220 prices dropped due to an influx of cheaper imports from India, higher domestic stock levels, and declining coal tar prices.
These contrasting trends highlight the complex market environment, where some raw materials saw price support from supply constraints and feedstock inflation, while others faced bearish conditions due to demand-side weaknesses and increased competition from imports.
For the Quarter Ending September 2024
North America
In Q3 2024, the North American automotive raw materials market exhibited a blend of trends, with price movements reflecting varying market dynamics across commodities. Several materials, including Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Insoluble Sulphur, Zinc Oxide, and Para Phenylene Diamine (PPD), witnessed significant price increases due to strong demand, supply chain disruptions, and rising feedstock costs. SBR prices surged 14% year-on-year, fueled by demand from the automotive and electronics sectors, while PBR experienced a 12.4% quarterly rise due to robust demand and tight supply conditions. Similarly, Insoluble Sulphur and Zinc Oxide saw bullish trends driven by supply shortages and downstream demand, while PPD prices increased amid logistical challenges and heightened consumption.
Conversely, materials like Nylon Tire Yarn (NTY), Steel Wire Rod, and Carbon Black experienced bearish trends. NTY faced downward pressure from oversupply and seasonal disruptions, while Steel Wire Rod prices fell amid oversupply and subdued demand. Carbon Black saw a 4.5% quarterly decline, driven by reduced automotive demand and increased competition from imports.
Other materials displayed stability, such as Silica, which maintained balanced supply-demand dynamics with minimal price changes. Halo Butyl Rubber experienced moderate price growth, supported by steady demand and constrained supply.
Overall, Q3 2024 highlighted mixed price performances across the North American automotive raw materials market, with bullish trends for some materials countered by bearish or stable conditions for others.
APAC
During Q3 2024, the pricing trends of automotive raw materials in the APAC region presented a mixed picture, shaped by diverse market dynamics. While stability was a recurring theme for materials like Styrene Butadiene Rubber (SBR) and Silica, others such as Halo Butyl Rubber (HBR), Insoluble Sulphur, Polybutadiene Rubber (PBR), and Zinc Oxide experienced notable price increases. These surges were often driven by supply chain disruptions, rising feedstock costs, and sustained demand from key sectors.
In contrast, materials like Nylon Tire Yarn (NTY) and Steel Wire Rod saw declining prices, primarily due to oversupply, weakened demand, and seasonal market fluctuations. Carbon Black showcased a nuanced trend, with initial price deflation in some regions counterbalanced by a bullish rally later in the quarter due to plant outages and festive-driven demand.
Regional variations were significant; for instance, China played a pivotal role in shaping the trends for Silica, Para Phenylene Diamine (PPD), and Zinc Oxide, with economic and weather-related factors influencing outcomes. Similarly, Japan's market dynamics heavily impacted SBR and PBR pricing. Overall, the quarter highlighted the complex interplay of regional conditions, supply-demand imbalances, and macroeconomic factors in shaping the pricing environment for automotive raw materials.
Europe
In Q3 2024, the European automotive raw materials market exhibited mixed price trends across various products, shaped by distinct supply-demand dynamics and regional economic conditions. Styrene Butadiene Rubber (SBR) saw a notable price surge, with an 11% quarterly increase driven by higher feedstock costs, supply chain disruptions, and robust demand. Conversely, Polybutadiene Rubber (PBR) experienced a sharp decline, largely due to oversupply and weak downstream tire sector demand, particularly in France, where prices dropped significantly. Nylon Tire Yarn (NTY) also faced a bearish quarter, influenced by oversupply, seasonal demand fluctuations, and global supply chain disruptions.
Halo Butyl Rubber (HBR) followed an upward trend, buoyed by stable automotive sector demand despite weak Eurozone manufacturing and labor shortages during the summer. Similarly, Insoluble Sulphur prices rose due to limited supply from refinery outages, even as European car sales slumped. Steel Wire Rod and Carbon Black, however, faced downward pressure, reflecting weak construction sector demand and reduced car sales, with bearish sentiment dominating their markets.
Zinc Oxide prices climbed due to supply constraints and steady demand from the rubber and coatings industries. Silica saw consistent price declines amid a struggling construction sector, especially in Germany. Para-Phenylene Diamine (PPD) prices rose sharply, supported by strong automotive and tire sector demand despite feedstock cost reductions and supply chain challenges. Overall, the quarter reflected diverse market dynamics, with materials linked to robust demand and constrained supply witnessing price increases, while those tied to weaker sectors saw declines.
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