Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia Pacific and Africa), By Application Type (Butadiene Rubber, Styrene Butadiene Rubber, Acrylonitrile Butadiene Rubber, Nitrile Butadiene Rubber, Styrene Butadiene Latex, Hexamethylenediamine, Others), By End Use Type (Plastic and Polymer, Tire and Rubber, Automobile, Chemical, Others) And Competitive Landscape
Product Code: ETC13170172 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 | |
According to 6Wresearch internal database and industry insights, the Global Butadiene Market was valued at approximately USD 11.5 billion in 2024 and is projected to reach USD 16.8 billion by 2031, growing at a CAGR of 5.4% during the forecast period of 2025-2031.
Report Name | Global Butadiene Market |
Forecast Period | 2025 - 2031 |
CAGR | 5.4% |
Market Size | USD 16.8 billion by 2031 |
Growing Sector | Automotive |
The Global Butadiene Market report thoroughly covers the market by regions, application type, and end-use type. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Butadiene Market is poised for remarkable expansion due to increased demand across various sectors, including automotive, consumer products, and synthetic rubber manufacturing. Butadiene, a key raw material in producing synthetic rubber and plastic resins, plays an indispensable role in manufacturing tires, hoses, and adhesives. With the accelerated urbanization and industrialization worldwide, the market is witnessing heightened adoption.
The Global Butadiene Market is projected to experience robust growth with a CAGR of 5.4% during the forecast period of 2025-2031. The growth of the market is highly reliant on its use in the automotive and construction industries. The automobile sector is growing rapidly as a result of increasing consumer demand for vehicles, particularly in emerging economies. This leads to an increased demand for synthetic rubber from butadiene. Also, increasing infrastructure projects that significantly utilize polymer derivatives enhance the growth curve for the market. The growth of bio-butadiene and other renewable applications displays the market's importance in a sustainability-centric economy.
Despite its promising outlook, the market encounters several challenges. Fluctuating crude oil prices directly impact the production cost of butadiene, given its derivation from petrochemical processes. Furthermore, environmental regulations surrounding the production and use of synthetic materials pose significant hurdles for manufacturers. Economies heavily reliant on exports grapple with trade uncertainties, further affecting the market expansion in certain regions.
The market is experiencing a pivotal transformation marked by innovation and sustainability efforts. Industry players are increasingly shifting toward the development of bio-based butadiene to reduce carbon emissions and dependence on fossil fuels. A growing emphasis on the circular economy is fostering the recycling and reuse of polymers, contributing to a greener environment. Furthermore, partnerships and mergers among key stakeholders are driving technological innovation, enhancing production capacity, and ensuring market vitality. The evolving consumer preference for lightweight materials in the automotive industry also fosters greater demand for butadiene derivatives.
Opportunities abound in emerging economies where the demand for synthetic rubber and plastics is set to skyrocket due to rapid industrialization. Investment in advanced bio-butadiene production facilities offers promising returns, given the global shift toward eco-friendly alternatives. Players in the Global Butadiene Industry can also benefit from technological modernization and R&D initiatives focused on optimizing production efficiency and aligning with regulatory standards. Furthermore, expanding into untapped markets in Africa and South America can open new revenue streams.
Key players in the Global Butadiene Market Share include Sinopec, LyondellBasell Industries, ExxonMobil Chemical Company, and SABIC. These corporations dominate the market through significant investments in production and distribution channels. Their focus on innovation and sustainability has enabled them to maintain competitive advantages. Partnerships with automotive and construction giants further bolster their market positions, ensuring a steady revenue stream and addressing consumer demand.
Governments worldwide are taking proactive steps to regulate environmental impacts tied to butadiene production. Strict emission norms and safety standards have been implemented to monitor and control the environmental footprint of production facilities. Several governments are incentivizing the development of bio-based butadiene by offering subsidies and tax relief, thus fostering the Global Butadiene Market Growth in sustainability-driven segments. Trade policies and agreements are also shaping global exports and imports, ensuring market stability while addressing trade balance complexities.
The Global Butadiene Market is expected to grow steadily over the next decade, with technological advancements and sustainability initiatives driving its evolution. With rising investments in eco-friendly production practices and bio-based materials, the industry will likely see enhanced alignment with environmental goals. Key players may focus on expanding their production base in developing regions to capitalize on growing demand while actively reducing their carbon footprint. The future of the market is deeply intertwined with advancements in biochemistry and polymer science, offering innovative solutions to meet contemporary consumer needs.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Styrene Butadiene Rubber (SBR) is anticipated to dominate the market in the coming years. This projection is largely driven by the rising demand for SBR in the automotive industry, where it is extensively used in the production of tires
The Tire and Rubber segment is expected to dominate the global butadiene market in the coming years. This dominance can be attributed to the increasing demand for tires in the automotive industry, which is driven by the growing population and rising disposable income.
According to Rita Shukla, Senior Research Analyst, 6Wresearch, the Asia Pacific region is poised to maintain its leading position in the butadiene market, owing to its robust industrial infrastructure, large automotive production capacities, and increasing investments in tire manufacturing facilities
The Market Report includes the following segments:
Global Butadiene Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Butadiene Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Butadiene Market Revenues & Volume, 2021 & 2031F |
3.3 Global Butadiene Market - Industry Life Cycle |
3.4 Global Butadiene Market - Porter's Five Forces |
3.5 Global Butadiene Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Butadiene Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.7 Global Butadiene Market Revenues & Volume Share, By End Use Type, 2021 & 2031F |
4 Global Butadiene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Butadiene Market Trends |
6 Global Butadiene Market, 2021 - 2031 |
6.1 Global Butadiene Market, Revenues & Volume, By Application Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Butadiene Market, Revenues & Volume, By Butadiene Rubber, 2021 - 2031 |
6.1.3 Global Butadiene Market, Revenues & Volume, By Styrene Butadiene Rubber, 2021 - 2031 |
6.1.4 Global Butadiene Market, Revenues & Volume, By Acrylonitrile Butadiene Rubber, 2021 - 2031 |
6.1.5 Global Butadiene Market, Revenues & Volume, By Nitrile Butadiene Rubber, 2021 - 2031 |
6.1.6 Global Butadiene Market, Revenues & Volume, By Styrene Butadiene Latex, 2021 - 2031 |
6.1.7 Global Butadiene Market, Revenues & Volume, By Hexamethylenediamine, 2021 - 2031 |
6.1.8 Global Butadiene Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Butadiene Market, Revenues & Volume, By End Use Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Butadiene Market, Revenues & Volume, By Plastic and Polymer, 2021 - 2031 |
6.2.3 Global Butadiene Market, Revenues & Volume, By Tire and Rubber, 2021 - 2031 |
6.2.4 Global Butadiene Market, Revenues & Volume, By Automobile, 2021 - 2031 |
6.2.5 Global Butadiene Market, Revenues & Volume, By Chemical, 2021 - 2031 |
6.2.6 Global Butadiene Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Butadiene Market, Overview & Analysis |
7.1 North America Butadiene Market Revenues & Volume, 2021 - 2031 |
7.2 North America Butadiene Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Butadiene Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Butadiene Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Butadiene Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Butadiene Market, Revenues & Volume, By Application Type, 2021 - 2031 |
7.4 North America Butadiene Market, Revenues & Volume, By End Use Type, 2021 - 2031 |
8 Latin America (LATAM) Butadiene Market, Overview & Analysis |
8.1 Latin America (LATAM) Butadiene Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Butadiene Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Butadiene Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Butadiene Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Butadiene Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Butadiene Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Butadiene Market, Revenues & Volume, By Application Type, 2021 - 2031 |
8.4 Latin America (LATAM) Butadiene Market, Revenues & Volume, By End Use Type, 2021 - 2031 |
9 Asia Butadiene Market, Overview & Analysis |
9.1 Asia Butadiene Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Butadiene Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Butadiene Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Butadiene Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Butadiene Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Butadiene Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Butadiene Market, Revenues & Volume, By Application Type, 2021 - 2031 |
9.4 Asia Butadiene Market, Revenues & Volume, By End Use Type, 2021 - 2031 |
10 Africa Butadiene Market, Overview & Analysis |
10.1 Africa Butadiene Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Butadiene Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Butadiene Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Butadiene Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Butadiene Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Butadiene Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Butadiene Market, Revenues & Volume, By Application Type, 2021 - 2031 |
10.4 Africa Butadiene Market, Revenues & Volume, By End Use Type, 2021 - 2031 |
11 Europe Butadiene Market, Overview & Analysis |
11.1 Europe Butadiene Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Butadiene Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Butadiene Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Butadiene Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Butadiene Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Butadiene Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Butadiene Market, Revenues & Volume, By Application Type, 2021 - 2031 |
11.4 Europe Butadiene Market, Revenues & Volume, By End Use Type, 2021 - 2031 |
12 Middle East Butadiene Market, Overview & Analysis |
12.1 Middle East Butadiene Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Butadiene Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Butadiene Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Butadiene Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Butadiene Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Butadiene Market, Revenues & Volume, By Application Type, 2021 - 2031 |
12.4 Middle East Butadiene Market, Revenues & Volume, By End Use Type, 2021 - 2031 |
13 Global Butadiene Market Key Performance Indicators |
14 Global Butadiene Market - Export/Import By Countries Assessment |
15 Global Butadiene Market - Opportunity Assessment |
15.1 Global Butadiene Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Butadiene Market Opportunity Assessment, By Application Type, 2021 & 2031F |
15.3 Global Butadiene Market Opportunity Assessment, By End Use Type, 2021 & 2031F |
16 Global Butadiene Market - Competitive Landscape |
16.1 Global Butadiene Market Revenue Share, By Companies, 2024 |
16.2 Global Butadiene Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |