Global Butadiene and its Derivatives Market Growth 2023-2029

Global Butadiene and its Derivatives Market Growth 2023-2029

Butadiene or 1,3-butadiene is a colorless gas that is condensed to liquid just below minus 4.0°C and is highly reactive. It is soluble in alcohol and ether, but insoluble in water and is polymerized easily in the presence of oxygen. It is obtained as a byproduct of the manufacture of ethylene and propylene by selective distillation of cracked naphtha or gas oil stream.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butadiene and its Derivatives 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 Butadiene and its Derivatives.

The global Butadiene and its Derivatives market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The latest trend gaining momentum in the market is prominence of bio-based synthesis and green tires. The growing scarcity in the natural gas and oil feedstock due to higher exploitation have paved the path for alternative sources of raw materials. The harmful effects of the petrochemicals have brought strict regulation, which further brought the requirement of bio-based productions. In the bio-based method, butadiene is manufactured from biomass (plant-derived materials, agriculture waste, and other natural sources). Genomatica in collaboration with Braskem has developed a fermenter where continuous production of butadiene occurs from microorganisms using advanced computational tools.

This report presents a comprehensive overview, market shares, and growth opportunities of Butadiene and its Derivatives market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Styrene Butadiene Rubber (SBR)
Polybutadiene Rubber (PBR)
Acrylonitrile Butadiene Styrene (ABS) Resins
Styrene Butadiene (SB) Latex
Others

Segmentation by application
Tires and Rubber Products
Adhesives
Paints
Coatings

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.
BASF
Sinopec Group
Dow Chemical
ExxonMobil
LyondellBasell Industries
Royal Dutch Shell
Braskem
CNOOC Limited
China National Petroleum Corporation (CNPC)
Eni
Evonik
Formosa Petrochemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Butadiene and its Derivatives market?

What factors are driving Butadiene and its Derivatives market growth, globally and by region?

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

How do Butadiene and its Derivatives market opportunities vary by end market size?

How does Butadiene and its Derivatives 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.