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According to our LPI (LP Information) latest study, the global Butadiene market size was valued at US$ 15090 million in 2023. With growing demand in downstream market, the Butadiene is forecast to a readjusted size of US$ 8165.7 million by 2030 with a CAGR of -8.4% during review period.
The research report highlights the growth potential of the global Butadiene market. Butadiene 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. 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 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.
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.
Key Features:
The report on Butadiene 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 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 Butadiene 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 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 industry. This include advancements in Butadiene technology, Butadiene new entrants, Butadiene new investment, and other innovations that are shaping the future of Butadiene.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Butadiene market. It includes factors influencing customer ' purchasing decisions, preferences for Butadiene product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Butadiene market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Butadiene 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 market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Butadiene 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 market.
Market Segmentation:
Butadiene 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
- 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 analyzing the company's coverage, product portfolio, its market penetration.
- Sinopec
- TPC
- Braskem
- Shell Chemical
- CNPC
- FPCC
- BASF
- ExxonMobil
- JSR
- 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 type, application?