Global 1,3 Butadiene (BD) Market Growth 2023-2029

Global 1,3 Butadiene (BD) Market Growth 2023-2029

Butadiene, also known as 1, 3-butadiene is either in gaseous or refrigerated liquid state and its monomer has many commercial uses. Butadiene is inflammable in nature and needs to be handled with immense care and precision.

The main supply of Butadiene is extracted from the mixed c4 stream produced in steam crackers, the c4 stream composition and yield depending on operations severity and feedstocks.

LPI (LP Information)' newest research report, the “1,3 Butadiene (BD) Industry Forecast” looks at past sales and reviews total world 1,3 Butadiene (BD) sales in 2022, providing a comprehensive analysis by region and market sector of projected 1,3 Butadiene (BD) sales for 2023 through 2029. With 1,3 Butadiene (BD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 1,3 Butadiene (BD) industry.

This Insight Report provides a comprehensive analysis of the global 1,3 Butadiene (BD) 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 1,3 Butadiene (BD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 1,3 Butadiene (BD) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 1,3 Butadiene (BD) 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 1,3 Butadiene (BD).

The global 1,3 Butadiene (BD) market size is projected to grow from US$ 25220 million in 2022 to US$ 37220 million in 2029; it is expected to grow at a CAGR of 37220 from 2023 to 2029.

BD is a key raw material in the manufacture of different materials and chemicals that are used across a wide range of end-user industries such as building & construction, automotive, healthcare and consumer durables. Butadiene market can be segmented on the basis of the application of its derivatives. Major products derived include styrene butadiene rubber (SBR), acrylonitrile butadiene styrene resins (ABS), nitrile butadiene rubber (NBR), SB latex and hexamethylenediamine among other products such as PBR and adiponitrile. ABS as a terpolymer is used to manufacture lightweight electrical resistance products. SBR is derived by polymerization of styrene and butadiene monomers. It is used in adhesives and sealants as a modifier and in rubber based products owing to its high strength, viscosity, and abrasion resistance. SB latex is a water based emulsion copolymer made of styrene and BD. It is used in coated papers and carpet back coatings due to its high elasticity and adhesive strength. NBR is used in aeronautical and automotive industries to manufacture oil handling hoses, sealants, and grommets. PBR is used in the manufacture of tires that require high resistance. Adiponitrile is an organic compound that is viscous in nature. It an important material required for the production of polymers.

This report presents a comprehensive overview, market shares, and growth opportunities of 1,3 Butadiene (BD) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Extractive Distillation
Oxidative Dehydrogenation

Segmentation by application
Styrene Butadiene Rubber (SBR)
Butadiene Rubber (BR)
Styrene Butadiene Latex (SBL)
Acrylonitrile Butadiene Styrene (ABS)
Adiponitrile
Others (Including Nitrile Rubber, etc)

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 analyzing the company's coverage, product portfolio, its market penetration.
Sinopec
TPC Group
Braskem
Shell Chemical
CNPC
FPCC
BASF
ExxonMobil
JSR Corp
Lotte
LyondellBasell
Ineos O&P
LG Chem
Evonik

Key Questions Addressed in this Report

What is the 10-year outlook for the global 1,3 Butadiene (BD) market?

What factors are driving 1,3 Butadiene (BD) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 1,3 Butadiene (BD) market opportunities vary by end market size?

How does 1,3 Butadiene (BD) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.