1,3 Butadiene Market Size, Trends, Analysis, and Outlook By Application (Butadiene rubber, Acrylonitrile Butadiene Styrene Resins (ABS), Styrene Butadiene Rubber (SBR), SB Latex, Nitrile Butadiene Rubber (NBR), Hexamethylenediamine), By End-User (Automoti

1,3 Butadiene Market Size, Trends, Analysis, and Outlook By Application (Butadiene rubber, Acrylonitrile Butadiene Styrene Resins (ABS), Styrene Butadiene Rubber (SBR), SB Latex, Nitrile Butadiene Rubber (NBR), Hexamethylenediamine), By End-User (Automotive, Building & Construction, Packaging, Personal Care Industry, Health Care Industry, Household Appliances, Others), by Country, Segment, and Companies, 2024-2030

The global 1,3 Butadiene market size is poised to register a 5.8% growth from $37.4 Billion in 2024 to 52.5 Billion in 2030, presenting significant growth prospects for companies operating in the industry. The 1,3 Butadiene market study analyzes the study across By Application (Butadiene rubber, Acrylonitrile Butadiene Styrene Resins (ABS), Styrene Butadiene Rubber (SBR), SB Latex, Nitrile Butadiene Rubber (NBR), Hexamethylenediamine), By End-User (Automotive, Building & Construction, Packaging, Personal Care Industry, Health Care Industry, Household Appliances, Others).

The 1,3 Butadiene market is poised for significant growth driven by the expanding automotive industry, where it is a crucial component for manufacturing synthetic rubber. With the rising demand for eco-friendly and fuel-efficient vehicles, there is a shift towards the production of lightweight vehicles, boosting the use of 1,3 Butadiene in the manufacturing of high-performance tires and automotive parts. Additionally, the increasing construction activities and infrastructure development worldwide are further fueling the demand for styrene-butadiene rubber (SBR) used in the construction industry, which is derived from 1,3 Butadiene. Moreover, the growing trend towards the usage of 1,3 Butadiene in the production of various consumer goods, such as footwear, adhesives, and coatings, is expected to drive the market growth significantly by 2030.

1,3 Butadiene Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The 1,3 Butadiene market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of 1,3 Butadiene" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the 1,3 Butadiene industry.

Key market trends defining the global 1,3 Butadiene demand in 2024 and Beyond

The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.

1,3 Butadiene Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The 1,3 Butadiene industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting 1,3 Butadiene companies scaling up production in these sub-segments with a focus on emerging countries.

Key strategies adopted by companies within the 1,3 Butadiene industry

Leading 1,3 Butadiene companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 1,3 Butadiene companies.

1,3 Butadiene Market Study- Strategic Analysis Review

The 1,3 Butadiene market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

1,3 Butadiene Market Size Outlook- Historic and Forecast Revenue in Three Cases

The 1,3 Butadiene industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three scenarios: low case, reference case, and high case.

1,3 Butadiene Country Analysis and Revenue Outlook to 2030

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2030. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2030.

North America 1,3 Butadiene Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various 1,3 Butadiene market segments. Similarly, strong market demand encourages Canadian 1,3 Butadiene companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe 1,3 Butadiene Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European 1,3 Butadiene industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European 1,3 Butadiene market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific 1,3 Butadiene Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for 1,3 Butadiene in Asia Pacific. In particular, China, India, and South East Asian 1,3 Butadiene markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America 1,3 Butadiene Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa 1,3 Butadiene Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East 1,3 Butadiene market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for 1,3 Butadiene.

1,3 Butadiene Market Company Profiles

The global 1,3 Butadiene market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are BASF S.E., Braskem S.A., ExxonMobil Chemical Company, ENI S.p.A, LyondellBasell Industries N.V., Royal Dutch Shell Plc., Sinopec, TPC Group Inc., Nizhnekamskneftekhim O.A.O., Lanxess A.G..

Recent 1,3 Butadiene Market Developments

The global 1,3 Butadiene market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

1,3 Butadiene Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

By Application

Butadiene rubber

Acrylonitrile Butadiene Styrene Resins (ABS)

Styrene Butadiene Rubber (SBR)

SB Latex

Nitrile Butadiene Rubber (NBR)

Hexamethylenediamine

By End-User

Automotive

Building & Construction

Packaging

Personal Care Industry

Health Care Industry

Household Appliances

Others

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

BASF S.E.

Braskem S.A.

ExxonMobil Chemical Company

ENI S.p.A

LyondellBasell Industries N.V.

Royal Dutch Shell Plc.

Sinopec

TPC Group Inc.

Nizhnekamskneftekhim O.A.O.

Lanxess A.G.

Formats Available: Excel, PDF, and PPT