Global Butadiene Market Growth 2024-2030
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.
The global Butadiene market size is projected to grow from US$ 12760 million in 2024 to US$ 7539 million in 2030; it is expected to grow at a CAGR of -8.4% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Butadiene Industry Forecast” looks at past sales and reviews total world Butadiene sales in 2023, providing a comprehensive analysis by region and market sector of projected Butadiene sales for 2024 through 2030. With Butadiene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Butadiene industry.
This Insight Report provides a comprehensive analysis of the global Butadiene 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Butadiene market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butadiene 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.
Global Butadiene key players include TPC Group, Sinopec, Braskem, Shell Chemical, CNPC, etc. Global top five manufacturers hold a share about 50%. Europe is the largest market, with a share over 20%, followed by USA and China, both have a share about 20 percent. In terms of product, Extractive distillation is the largest segment, with a share over 95%. And in terms of application, the largest application is Styrene Butadiene Rubber (SBR), followed by Butadiene Rubber (BR), Acrylonitrile Butadiene Styrene (ABS), Styrene Butadiene Latex (SBL) and Adiponitrile.
This report presents a comprehensive overview, market shares, and growth opportunities of Butadiene market by product type, application, key manufacturers and key regions and countries.
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
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Sinopec
TPC
Braskem
Shell Chemical
CNPC
FPCC
BASF
ExxonMobil
ENEOS Materials Corporation
Lotte
LyondellBasell
Ineos O&P
LG Chem
Sabina
Evonik
Key Questions Addressed in this Report
What is the 10-year outlook for the global Butadiene market?
What factors are driving Butadiene market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Butadiene market opportunities vary by end market size?
How does Butadiene break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.