Global Butadiene Market 2022 - Industry Briefing

Global Butadiene Market 2022 - Industry Briefing

According to Gen Consulting Company, the global butadiene market is set to achieve an incremental growth of 3.2 million tons, acelerating at a CAGR of almost 3.7% during the forecast period 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the application, end user, and region. The global market data on butadiene can be segmented by application: acrylonitrile butadiene styrene (ABS), adiponitrile (ADN), ethylidene norbornene (ENB), nitrile rubber (acrylonitrile butadiene NBR), polybutadiene (PBR), polychloroprene (CR), styrene butadiene (SB) latex, styrene-butadiene rubber (SBR), sulfolane, others. The PBR segment is estimated to account for the largest share of the global butadiene market. Butadiene market is further segmented by end user: chemicals, plastics & polymers, rubber & tires, others. The rubber & tires segment held the largest volume share in 2021. Based on region, the butadiene market is segmented into: North America, Europe, Asia-Pacific, Rest of the World (RoW).

The global butadiene market is highly competitive. The key players in the butadiene market include BASF SE, Braskem S.A., China National Petroleum Corporation, China Petroleum & Chemical Corporation (Sinopec), Evonik Industries AG, ExxonMobil Corporation, Formosa Plastics Corporation, INEOS Group Limited, JSR Corporation, LG Chem Ltd., Lotte Chemical Corporation, LyondellBasell Industries N.V., Reliance Industries Limited, Repsol S.A., Saudi Basic Industries Corporation (SABIC), Shell plc, The Dow Chemical Company, TPC Group.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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