Global 1,3 Butadiene (BD) Market Growth 2024-2030

Global 1,3 Butadiene (BD) Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global 1,3 Butadiene (BD) market size was valued at US$ 25220 million in 2023. With growing demand in downstream market, the 1,3 Butadiene (BD) is forecast to a readjusted size of US$ 37220 million by 2030 with a CAGR of 5.7% during review period.

The research report highlights the growth potential of the global 1,3 Butadiene (BD) market. 1,3 Butadiene (BD) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of 1,3 Butadiene (BD). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the 1,3 Butadiene (BD) market.

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.

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.

Key Features:

The report on 1,3 Butadiene (BD) market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the 1,3 Butadiene (BD) market. It may include historical data, market segmentation by Type (e.g., Extractive Distillation, Oxidative Dehydrogenation), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the 1,3 Butadiene (BD) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the 1,3 Butadiene (BD) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the 1,3 Butadiene (BD) industry. This include advancements in 1,3 Butadiene (BD) technology, 1,3 Butadiene (BD) new entrants, 1,3 Butadiene (BD) new investment, and other innovations that are shaping the future of 1,3 Butadiene (BD).

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the 1,3 Butadiene (BD) market. It includes factors influencing customer ' purchasing decisions, preferences for 1,3 Butadiene (BD) product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the 1,3 Butadiene (BD) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting 1,3 Butadiene (BD) market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the 1,3 Butadiene (BD) market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the 1,3 Butadiene (BD) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the 1,3 Butadiene (BD) market.

Market Segmentation:

1,3 Butadiene (BD) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

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?

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