Global Butadiene And Its Derivatives Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Styrene Butadiene Rubber, Polybutadiene Rubber, Acrylonitrile Butadiene Styrene, Nitrile Butadiene Rubber, and Others.

By Application;

Automotive, Construction, Consumer Goods, Industrial, and Others.

By End-User Industry;

Tires, Automotive Components, Footwear, Polymer Modification, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn946551057 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Butadiene And Its Derivatives Market (USD Million), 2021 - 2031

In the year 2024, the Global Butadiene And Its Derivatives Market was valued at USD 208.40 million. The size of this market is expected to increase to USD 406.10 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.

The Global Butadiene and Its Derivatives Market is a crucial segment of the petrochemical industry, encompassing a variety of products derived from butadiene, an important organic compound primarily obtained through the cracking of crude oil and natural gas. Butadiene and its derivatives play a key role in the production of synthetic rubbers, plastics, resins, and other chemicals, which are integral to a wide range of industries such as automotive, packaging, construction, electronics, and consumer goods. Butadiene is most notably used in the production of synthetic rubber for tires, as well as in the manufacturing of plastics like polystyrene and acrylonitrile-butadiene-styrene (ABS). The demand for these derivatives is driven by the growth of various end-user industries, particularly in emerging markets, making the global butadiene market a key focus of industry stakeholders.

One of the primary drivers for the growth of the global butadiene market is the increasing demand from the automotive industry, particularly for synthetic rubber used in tire manufacturing. The automotive industry's continuous expansion, coupled with an increasing preference for high-performance tires and fuel-efficient vehicles, significantly boosts the consumption of butadiene-based products. Furthermore, the growing packaging industry, which relies on butadiene derivatives like styrene-butadiene rubber (SBR) and acrylonitrile-butadiene-styrene (ABS) for production of packaging materials, is contributing to market expansion. The industrial and infrastructure development in emerging economies, especially in Asia-Pacific and Latin America, is further propelling the demand for butadiene derivatives in construction, automotive, and other manufacturing sectors.

The butadiene market faces several challenges, including fluctuating raw material prices and growing environmental concerns related to its extraction and processing. The production of butadiene and its derivatives, which are largely based on fossil fuels, contributes to emissions and environmental degradation, leading to increasing regulatory pressure. In response, industry players are focusing on technological advancements to improve production efficiency, reduce environmental impacts, and explore alternative feedstocks, such as renewable biomass. Additionally, the development of bio-based butadiene derivatives presents a significant opportunity for market players, allowing them to tap into the growing demand for sustainable and eco-friendly products. As the global market evolves, the continued growth of key industries and advancements in production technologies are expected to shape the future of the butadiene and its derivatives market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Region
  4. Global Butadiene And Its Derivatives Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Growing Demand from the Automotive Industry
        2. Increasing Use in Synthetic Rubber Production
        3. Expansion of the Packaging Industry
        4. Rising Industrialization and Infrastructure Development
        5. Technological Advancements in Butadiene Production
      2. Restraints:
        1. Fluctuating Raw Material Prices
        2. Environmental Concerns and Regulatory Pressure
        3. High Production Costs for Butadiene Derivatives
        4. Competition from Bio-based Alternatives
      3. Opportunities:
        1. Rising Demand for Bio-based Butadiene Derivatives
        2. Growth in Emerging Markets (Asia-Pacific, Latin America)
        3. Innovations in Sustainable Manufacturing Practices
        4. Expansion in End-Use Applications (e.g., Tires, Plastics, and Coatings)
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Butadiene And Its Derivatives Market, By Product Type, 2021 - 2031 (USD Million)
      1. Styrene Butadiene Rubber
      2. Polybutadiene Rubber
      3. Acrylonitrile Butadiene Styrene
      4. Nitrile Butadiene Rubber
      5. Others
    2. Global Butadiene And Its Derivatives Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Construction
      3. Consumer Goods
      4. Industrial
      5. Others
    3. Global Butadiene And Its Derivatives Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Tires
      2. Automotive Components
      3. Footwear
      4. Polymer Modification
      5. Others
    4. Global Butadiene And Its Derivatives Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. LG Chem
      2. Sinopec
      3. LyondellBasell Industries
      4. Shell Chemicals
      5. ExxonMobil Corporation
      6. Lanxess AG
      7. INEOS Group Holdings S.A.
      8. Reliance Industries Limited
      9. SABIC
      10. Braskem S.A.
      11. TPC Group
      12. Nizhnekamskneftekhim
  7. Analyst Views
  8. Future Outlook of the Market