Global Butadiene and its Derivatives Market Growth 2024-2030

Global Butadiene and its Derivatives Market Growth 2024-2030

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

The research report highlights the growth potential of the global Butadiene and its Derivatives market. Butadiene and its Derivatives 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 Butadiene and its Derivatives. 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 Butadiene and its Derivatives market.

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.

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.

Key Features:

The report on Butadiene and its Derivatives 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 Butadiene and its Derivatives market. It may include historical data, market segmentation by Type (e.g., Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR)), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Butadiene and its Derivatives 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 Butadiene and its Derivatives 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 Butadiene and its Derivatives industry. This include advancements in Butadiene and its Derivatives technology, Butadiene and its Derivatives new entrants, Butadiene and its Derivatives new investment, and other innovations that are shaping the future of Butadiene and its Derivatives.

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

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Butadiene and its Derivatives market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Butadiene and its Derivatives 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 Butadiene and its Derivatives market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Butadiene and its Derivatives 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 Butadiene and its Derivatives market.

Market Segmentation:

Butadiene and its Derivatives 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
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?

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