Market Overview

The Global Butadiene Market was valued at USD 15,392.2 million in 2023 and is expected to reach USD 62,524.7 million by 2031 while growing at a CAGR of 19.2% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global butadiene market growth. Butadiene, with the molecular formula C₄H₆, is a highly reactive, colorless gas with a mild, aromatic odor. The name "butadiene" signifies its structure, featuring four carbon atoms in a chain with two double bonds (-diene). The prevalent form is 1,3-butadiene, where the double bonds are separated by one carbon atom.

Increasing growth in the automotive industry, consumer goods, and construction drives the Butadiene market. However, obstacles such as environmental and health concerns, along with fluctuating raw material prices, may impede market expansion.

Furthermore, the global butadiene industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Application Analysis

The Global Butadiene Market is segmented among Polybutadiene (PBR), Chloroprene, Styrene-Butadiene (SBR), Nitrile Rubber (Acrylonitrile Butadiene NBR), Acrylonitrile Butadiene Styrene (ABS), Adiponitrile, Sulfolane, Ethylidene Norbornene, Styrene-Butadiene Latex, and Other Applications, based on Application. In 2023, Polybutadiene (PBR) accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End-user Industry Analysis

The Global Butadiene Market is segmented among Plastic and Polymer, Tire and Rubber, Chemical, and Other End-User Industries, based on End-user Industry. In 2023, Tire and Rubber accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Butadiene Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are BASF SE, Braskem, China National Petroleum Corporation, China Petroleum & Chemical Corporation, Dow, Evonik Industries AG, Exxon Mobil Corporation, Formosa Plastics Corporation, INEOS, JSR Corporation, and LG Chem.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Butadiene Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Butadiene Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Butadiene Market Segmentation, By Application 

• Global Butadiene Market Share Analysis, By Application 

• Global Butadiene Market Growth Analysis, By Application 

• Global Butadiene Market Trends, By Application 

o Polybutadiene (PBR)

o Chloroprene

o Styrene-butadiene (SBR)

o Nitrile Rubber (Acrylonitrile Butadiene NBR)

o Acrylonitrile Butadiene Styrene (ABS)

o Adiponitrile

o Sulfolane

o Ethylidene Norbornene

o Styrene-Butadiene Latex

o Other Applications

6. Global Butadiene Market Segmentation, By End-user Industry

• Global Butadiene Market Share Analysis, By End-user Industry

• Global Butadiene Market Growth Analysis, By End-user Industry

• Global Butadiene Market Trends, By End-user Industry

o Plastic and Polymer

o Tire and Rubber

o Chemical

o Other End-User Industries

7. Global Butadiene Market Segmentation, By Region

• Global Butadiene Market Share Analysis, By Region

• Global Butadiene Market Growth Analysis, By Region

• Global Butadiene Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• BASF SE.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Braskem

• China National Petroleum Corporation

• China Petroleum & Chemical Corporation

• Dow

• Evonik Industries AG

• Exxon Mobil Corporation

• Formosa Plastics Corporation

• INEOS

• JSR Corporation

• LG Chem

 *Similar analysis will be provided for each company listed above.