Report Description
The Global Butadiene Market size was valued at USD 13.12 Million in 2022 and is expected to surpass USD 18.21 Million by 2031, expanding at a CAGR of 3.71% during the forecast period, 2023 – 2031. The growth of the market is attributed developing downstream industry globally.
Butadiene is a colorless and highly reactive gas, which is used for the production of rubber and plastic products. The resultant rubber and plastic products are used in industries such as automotive, construction, packaging, as well as protective clothing.
Butadiene is a major product of the petrochemical industry and an important building block for many consumer and industrial products. The chemical compound is primarily used as a chemical intermediate and a monomer in the manufacturing of polymers such as synthetic rubbers or elastomers. Polymers made from butadiene are used for production of carpet backing, plastic gloves, wetsuits, rubber hoses, and gaskets.
Market Trends, Drivers, Restraints, and Opportunities
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Rapidly growing automotive production is one of the major drivers that is contributing to the growth of the global Butadiene market.
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Improved functionality of butadiene is expected to augment the growth of the market.
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Declining production due to reduced shale oil discoveries can restraint the market growth.
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Hazardous effects caused by butadiene and stringent regulations regarding the usage can hamper the market growth.
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Rising trend of bio-butadiene is expected to create lucrative opportunities for industry players in the projected timeline.
Scope of Butadiene Market Report
The report on the global butadiene market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Butadiene Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Application (Polybutadiene (PBR), Chloroprene, Styrene-butadiene (SBR), Nitrile Rubber (Acrylonitrile Butadiene NBR), Acrylonitrile Butadiene Styrene (ABS), Adiponitrile, Sulfolane, Ethylidene Norbornene, Styrene Butadiene Latex, and Others), End-user Industries (Plastic and Polymer, Tire and Rubber, Chemical, and Others)
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Regional scope
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North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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China Petroleum & Chemical Corporation, TPC Group, Exxon Mobil Corporation, Royal Dutch Shell PLC, and LyondellBasell Industries Holdings BV.
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Butadiene Market Segment Insights
Polybutadiene (PBR) segment to grow at a rapid pace
Based on applications, the market is divided into polybutadiene (PBR), chloroprene, styrene-butadiene (SBR), nitrile rubber (acrylonitrile butadiene NBR), acrylonitrile butadiene styrene (ABS), adiponitrile, sulfolane, ethylidene norbornene, styrene butadiene latex, and others.
The polybutadiene (PBR) segment is anticipated to account for a major market share and is anticipated to grow at a robust rate, followed by the acrylonitrile butadiene styrene (ABS) segment. The contributing factors for the growth of the polybutadiene (PBR) segment is its increasing usage in the automotive industry, as it relies on PBR for non-tire applications, such as hoses, belts, and gaskets owing to its high resistance to cold temperatures.
Tire and rubber segment to account a major market share
Based on end user industry, the market is divided into plastic and polymer, tire and rubber, chemical, and others. The tire and rubber segment is anticipated to account for a major market share due to the growing automobile industry. Rising disposable income is contributing to the growth of the market segment.
Asia Pacific to account a considerable market share
On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Asia Pacific is anticipated to account for a considerable market share owing to rising shale gas exploration, both in capacity and drilling techniques, making the region one of the top shale gas suppliers worldwide. India-based industry players are working on developing the shale gas exploration in its coastal regions along with the collaboration of the US companies. Thus, such factor is driving the growth of the market in the region.
Segments
The global Butadiene have been segmented on the basis of
Applications
- Polybutadiene (PBR)
- Chloroprene
- Styrene-butadiene (SBR)
- Nitrile Rubber (Acrylonitrile Butadiene NBR)
- Acrylonitrile Butadiene Styrene (ABS)
- Adiponitrile
- Sulfolane
- Ethylidene Norbornene
- Styrene Butadiene Latex
- Others
End-user Industries
- Plastic and Polymer
- Tire and Rubber
- Chemical
- Others
Regions
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Players
Competitive Landscape
The major players of the market are China Petroleum & Chemical Corporation, TPC Group, Exxon Mobil Corporation, Royal Dutch Shell PLC, and LyondellBasell Industries Holdings BV.
Companies are investing in R&D activities and are engaging in joint ventures and acquisitions to expand their market share.

Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Butadiene Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Butadiene Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Butadiene Market - Supply Chain
4.5. Global Butadiene Market Forecast
4.5.1. Butadiene Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Butadiene Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Butadiene Market Absolute $ Opportunity
5. Global Butadiene Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Butadiene Market Size and Volume Forecast by Applications
5.3.1. Polybutadiene (PBR)
5.3.2.
Chloroprene
5.3.3.
Styrene-butadiene (SBR)
5.3.4.
Nitrile Rubber (Acrylonitrile Butadiene NBR)
5.3.5.
Acrylonitrile Butadiene Styrene (ABS)
5.3.6.
Adiponitrile
5.3.7.
Sulfolane
5.3.8.
Ethylidene Norbornene
5.3.9.
Styrene Butadiene Latex
5.3.10.
Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Butadiene Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Butadiene Market Size and Volume Forecast by End Users
6.3.1. Plastic and Polymer
6.3.2.
Tire and Rubber
6.3.3.
Chemical
6.3.4.
Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Butadiene Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Butadiene Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Butadiene Demand Share Forecast, 2019-2026
8. North America Butadiene Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Butadiene Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Butadiene Market Size and Volume Forecast by Applications
8.4.1. Polybutadiene (PBR)
8.4.2.
Chloroprene
8.4.3.
Styrene-butadiene (SBR)
8.4.4.
Nitrile Rubber (Acrylonitrile Butadiene NBR)
8.4.5.
Acrylonitrile Butadiene Styrene (ABS)
8.4.6.
Adiponitrile
8.4.7.
Sulfolane
8.4.8.
Ethylidene Norbornene
8.4.9.
Styrene Butadiene Latex
8.4.10.
Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Butadiene Market Size and Volume Forecast by End Users
8.7.1. Plastic and Polymer
8.7.2.
Tire and Rubber
8.7.3.
Chemical
8.7.4.
Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Butadiene Demand Share Forecast, 2019-2026
9. Latin America Butadiene Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Butadiene Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Butadiene Market Size and Volume Forecast by Applications
9.4.1. Polybutadiene (PBR)
9.4.2.
Chloroprene
9.4.3.
Styrene-butadiene (SBR)
9.4.4.
Nitrile Rubber (Acrylonitrile Butadiene NBR)
9.4.5.
Acrylonitrile Butadiene Styrene (ABS)
9.4.6.
Adiponitrile
9.4.7.
Sulfolane
9.4.8.
Ethylidene Norbornene
9.4.9.
Styrene Butadiene Latex
9.4.10.
Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Butadiene Market Size and Volume Forecast by End Users
9.7.1. Plastic and Polymer
9.7.2.
Tire and Rubber
9.7.3.
Chemical
9.7.4.
Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Butadiene Demand Share Forecast, 2019-2026
10. Europe Butadiene Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Butadiene Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
10.4. Europe Butadiene Market Size and Volume Forecast by Applications
10.4.1. Polybutadiene (PBR)
10.4.2.
Chloroprene
10.4.3.
Styrene-butadiene (SBR)
10.4.4.
Nitrile Rubber (Acrylonitrile Butadiene NBR)
10.4.5.
Acrylonitrile Butadiene Styrene (ABS)
10.4.6.
Adiponitrile
10.4.7.
Sulfolane
10.4.8.
Ethylidene Norbornene
10.4.9.
Styrene Butadiene Latex
10.4.10.
Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Butadiene Market Size and Volume Forecast by End Users
10.7.1. Plastic and Polymer
10.7.2.
Tire and Rubber
10.7.3.
Chemical
10.7.4.
Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Butadiene Demand Share Forecast, 2019-2026
11. Asia Pacific Butadiene Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Butadiene Market Size and Volume 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. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Butadiene Market Size and Volume Forecast by Applications
11.4.1. Polybutadiene (PBR)
11.4.2.
Chloroprene
11.4.3.
Styrene-butadiene (SBR)
11.4.4.
Nitrile Rubber (Acrylonitrile Butadiene NBR)
11.4.5.
Acrylonitrile Butadiene Styrene (ABS)
11.4.6.
Adiponitrile
11.4.7.
Sulfolane
11.4.8.
Ethylidene Norbornene
11.4.9.
Styrene Butadiene Latex
11.4.10.
Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Butadiene Market Size and Volume Forecast by End Users
11.7.1. Plastic and Polymer
11.7.2.
Tire and Rubber
11.7.3.
Chemical
11.7.4.
Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Butadiene Demand Share Forecast, 2019-2026
12. Middle East & Africa Butadiene Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Butadiene Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Butadiene Market Size and Volume Forecast by Applications
12.4.1. Polybutadiene (PBR)
12.4.2.
Chloroprene
12.4.3.
Styrene-butadiene (SBR)
12.4.4.
Nitrile Rubber (Acrylonitrile Butadiene NBR)
12.4.5.
Acrylonitrile Butadiene Styrene (ABS)
12.4.6.
Adiponitrile
12.4.7.
Sulfolane
12.4.8.
Ethylidene Norbornene
12.4.9.
Styrene Butadiene Latex
12.4.10.
Others
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Butadiene Market Size and Volume Forecast by End Users
12.7.1. Plastic and Polymer
12.7.2.
Tire and Rubber
12.7.3.
Chemical
12.7.4.
Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Butadiene Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Butadiene Market: Market Share Analysis
13.2. Butadiene Distributors and Customers
13.3. Butadiene Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. China Petroleum & Chemical Corporation
13.4.2.
TPC Group
13.4.3.
Exxon Mobil Corporation
13.4.4.
Royal Dutch Shell PLC
13.4.5.
LyondellBasell Industries Holdings B.V.