Market Overview:
The global butadiene market is expected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for styrene butadiene rubber (SBR), butadiene rubber (BR), and styrene butadiene latex (SBL) in various applications such as tires, footwear, automotive parts, and construction. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing demand for automobiles and construction activities in countries such as China and India.
Product Definition:
Butadiene is an important industrial chemical that is used to produce a variety of products, including synthetic rubber, plastics and other chemicals. It is also used as a fuel additive to help reduce emissions from gasoline-powered vehicles.
Extractive Distillation:
Extractive distillation is a process of obtaining volatile compounds from a particular material by evaporating part of the liquid in an open vessel. The most commonly used materials are alcohols, ketones, and oils. This method is widely used to produce butadiene and acetic acid which are basic components for manufacturing synthetic rubber and plastic resins respectively.
Oxidative Dehydrogenation:
Oxidative dehydrogenation is a chemical reaction that involves the transfer of hydrogen from one species to another. In this process, an oxidizing agent such as air or oxygen is used as a catalyst. The most common example of this type of reaction would be the oxidation of butadiene to produce acrylonitrile and then further converted into acrylic acid (AA) via methylene diphenyl diisocyanate (MDI) and ethylene oxide.
Application Insights:
The global butadiene market is segmented by application into styrene-butadiene rubber (SBR), butadiene rubber (BR), acrylonitrile-butadiene styrene (ABS), adiponitrile, and others. The SBR segment dominated the overall market in terms of revenue share in 2017. It is also expected to be the fastest growing segment over the forecast period owing to its wide applications such as tire manufacturing and engineering plastics among others.
The BR application was estimated at USD 1,829.5 million in 2017 and it is anticipated to witness a CAGR of XX% from 2018 to 2030 on account of its rising demand for use as an additive in automotive tires among other end-use industries such as construction materials.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major players such as Chevron Phillips, Sinopec, Mocal Energy, and China Petrochemical Corporation (Sinopec) has resulted in easy availability of feedstock for butadiene production. In addition, growing automotive industry coupled with rapid industrialization along with supportive government policies are anticipated to drive product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for a share of 25% in terms of volume consumed globally in 2017 owing to high demand from tire manufacturing industries mainly France and Germany on account of stringent regulations regarding fuel efficiency by governments across these regions.
Growth Factors:
- Increasing demand from the automotive industry as a result of the increasing production of passenger cars and light commercial vehicles
- Rising demand for Butadiene from the construction industry, due to growth in infrastructure development activities across the globe
- Growing use of Butadiene in manufacturing synthetic rubber products, which is projected to drive market growth over the forecast period
- Increasing application scope of Butadiene in polymer modification and coatings industries
- Rising investments by key market players for expansion and new product development
Scope Of The Report
Report Attributes
Report Details
Report Title
Butadiene Market Research Report
By Type
Extractive Distillation, Oxidative Dehydrogenation
By Application
Styrene Butadiene Rubber (SBR), Butadiene Rubber (BR), Styrene Butadiene Latex (SBL), Acrylonitrile Butadiene Styrene (ABS), Adiponitrile, Other
By Companies
Sinopec, TPC, Braskem, Shell Chemical, CNPC, FPCC, BASF, ExxonMobil, JSR, Lotte, LyondellBasell, Ineos O&P, LG Chem, Sabina, Evonik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Butadiene Market Report Segments:
The global Butadiene market is segmented on the basis of:
Types
Extractive Distillation, Oxidative Dehydrogenation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Styrene Butadiene Rubber (SBR), Butadiene Rubber (BR), Styrene Butadiene Latex (SBL), Acrylonitrile Butadiene Styrene (ABS), Adiponitrile, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sinopec
- TPC
- Braskem
- Shell Chemical
- CNPC
- FPCC
- BASF
- ExxonMobil
- JSR
- Lotte
- LyondellBasell
- Ineos O&P
- LG Chem
- Sabina
- Evonik
Highlights of The Butadiene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extractive Distillation
- Oxidative Dehydrogenation
- By Application:
- Styrene Butadiene Rubber (SBR)
- Butadiene Rubber (BR)
- Styrene Butadiene Latex (SBL)
- Acrylonitrile Butadiene Styrene (ABS)
- Adiponitrile
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Butadiene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Butadiene is a hydrocarbon molecule with the formula C4H10. It is a colorless, volatile, flammable gas that has been used in manufacturing since the early 20th century. Butadiene is also found in natural gas and oil deposits.
Some of the key players operating in the butadiene market are Sinopec, TPC, Braskem, Shell Chemical, CNPC, FPCC, BASF, ExxonMobil, JSR, Lotte, LyondellBasell, Ineos O&P, LG Chem, Sabina, Evonik.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Butadiene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Butadiene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Butadiene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Butadiene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Butadiene Market Size & Forecast, 2020-2028
4.5.1 Butadiene Market Size and Y-o-Y Growth
4.5.2 Butadiene Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Extractive Distillation
5.2.2 Oxidative Dehydrogenation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Styrene Butadiene Rubber (SBR)
6.2.2 Butadiene Rubber (BR)
6.2.3 Styrene Butadiene Latex (SBL)
6.2.4 Acrylonitrile Butadiene Styrene (ABS)
6.2.5 Adiponitrile
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Butadiene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Butadiene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Extractive Distillation
9.6.2 Oxidative Dehydrogenation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Styrene Butadiene Rubber (SBR)
9.10.2 Butadiene Rubber (BR)
9.10.3 Styrene Butadiene Latex (SBL)
9.10.4 Acrylonitrile Butadiene Styrene (ABS)
9.10.5 Adiponitrile
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Extractive Distillation
10.6.2 Oxidative Dehydrogenation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Styrene Butadiene Rubber (SBR)
10.10.2 Butadiene Rubber (BR)
10.10.3 Styrene Butadiene Latex (SBL)
10.10.4 Acrylonitrile Butadiene Styrene (ABS)
10.10.5 Adiponitrile
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Extractive Distillation
11.6.2 Oxidative Dehydrogenation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Styrene Butadiene Rubber (SBR)
11.10.2 Butadiene Rubber (BR)
11.10.3 Styrene Butadiene Latex (SBL)
11.10.4 Acrylonitrile Butadiene Styrene (ABS)
11.10.5 Adiponitrile
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Extractive Distillation
12.6.2 Oxidative Dehydrogenation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Styrene Butadiene Rubber (SBR)
12.10.2 Butadiene Rubber (BR)
12.10.3 Styrene Butadiene Latex (SBL)
12.10.4 Acrylonitrile Butadiene Styrene (ABS)
12.10.5 Adiponitrile
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Extractive Distillation
13.6.2 Oxidative Dehydrogenation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Styrene Butadiene Rubber (SBR)
13.10.2 Butadiene Rubber (BR)
13.10.3 Styrene Butadiene Latex (SBL)
13.10.4 Acrylonitrile Butadiene Styrene (ABS)
13.10.5 Adiponitrile
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Butadiene Market: Competitive Dashboard
14.2 Global Butadiene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sinopec
14.3.2 TPC
14.3.3 Braskem
14.3.4 Shell Chemical
14.3.5 CNPC
14.3.6 FPCC
14.3.7 BASF
14.3.8 ExxonMobil
14.3.9 JSR
14.3.10 Lotte
14.3.11 LyondellBasell
14.3.12 Ineos O&P
14.3.13 LG Chem
14.3.14 Sabina
14.3.15 Evonik
