Butadiene Market

Butadiene Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The butadiene market is estimated to exhibit a CAGR of 17.8% between 2023 to 2032.

China is the largest producer and consumer of butadiene in the world, which is one of the major factors driving the growth of the butadiene market.

The butadiene market size was estimated to be US$ 13.89 Billion in 2022.

The styrene-butadiene rubber (SBR) segment is the fastest growing, due to its versatility and low cost compared to other synthetic rubber types.

The steam cracking segment is the largest in the butadiene market based on production process. Steam cracking is the most widely used production process for producing butadiene from naphtha or ethylene.

The construction industry is the leader in the organic dairy market. The growth of this segment can be attributed to the increasing demand for butadiene in the production of various building and construction materials, such as insulation materials, flooring, and adhesives.

Borealis AG., China Petroleum & Chemical Corporation, Eni S.p.A., Evonik Industries AG, Ineos Group AG, LANXESS, LG Chem, LyondellBasell Industries Holdings B.V., Nizhnekamskneftekhim., Royal Dutch Shell Plc, Repsol, Shanghai Petrochemical, SABIC, The Dow Chemical Company, TPC Group, Formosa Plastics Corporation, Versalis S.p.A., ZEON Corporation among others are the major players in this organic dairy industry.