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

By Product Type;

Synthetic and Biobased.

By End-Use;

Styrene Butadiene Rubber (SBR), Poly Butadiene Rubber (PBR), Styrene Butadiene Latex (SB Latex), Acrylonitrile Butadiene Styrene (ABS), Adiponitrile, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn444134972 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Synthetic And Biobased Butadiene Market (USD Million), 2021 - 2031

In the year 2024, the Global Synthetic And Biobased Butadiene Market was valued at USD 14,010.93 million. The size of this market is expected to increase to USD 17,946.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global synthetic and bio-based butadiene market is a vital segment within the petrochemical industry, serving as a fundamental building block for the production of synthetic rubbers and various chemicals. Butadiene, a key commodity chemical, is predominantly used in the manufacturing of styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR), which find extensive applications in tires, automotive components, footwear, and industrial goods. The market is characterized by its critical role in supporting industrial sectors that rely on elastomers for their mechanical properties, including resilience, flexibility, and durability.

Synthetic butadiene, derived primarily from petrochemical sources, dominates the market due to its established production processes and extensive industrial applications. Major global chemical companies such as BASF SE, SABIC, and Exxon Mobil Corporation are significant players in this segment, leveraging their technological capabilities and global supply chains to meet the demand from diverse end-user industries. However, the market is increasingly witnessing a shift towards bio-based butadiene, derived from renewable feedstocks like biomass or bioethanol. This transition is driven by environmental concerns and the growing preference for sustainable alternatives across industries, although bio-based butadiene currently represents a smaller fraction of the overall market.

Asia-Pacific stands out as the largest consumer and producer of synthetic and bio-based butadiene, driven by robust industrialization and the presence of key manufacturing hubs in countries like China and India. North America and Europe also play significant roles in the market, supported by advancements in technology and stringent regulatory frameworks that influence production practices and market dynamics. The global synthetic and bio-based butadiene market is poised for continued growth, driven by technological innovations, expanding industrial applications, and evolving consumer demands for sustainable solutions in the chemicals and materials sectors.

  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 End-Use
    3. Market Snapshot, By Region
  4. Global Synthetic And Biobased Butadiene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automotive Industry Demand
        2. Growth in Construction Sector
        3. Increasing Tire Manufacturing
        4. Advancements in Polymer Science
        5. Petrochemical Industry Expansion
      2. Restraints
        1. Volatility in Raw Material Prices
        2. Environmental Regulations
        3. Competition from Substitutes
        4. Technological Barriers
        5. Supply Chain Disruptions
      3. Opportunities
        1. Shift Towards Bio-Based Butadiene
        2. Emerging Markets in Asia-Pacific
        3. Research and Development Investments
        4. Sustainable Manufacturing Practices
        5. Strategic Partnerships
    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 Synthetic And Biobased Butadiene Market, By Product Type, 2021 - 2031 (USD Million)
      1. Synthetic
      2. Biobased
    2. Global Synthetic And Biobased Butadiene Market, By End-Use, 2021 - 2031 (USD Million)
      1. Styrene Butadiene Rubber (SBR)
      2. Poly Butadiene Rubber (PBR)
      3. Styrene Butadiene Latex (SB Latex)
      4. Acrylonitrile Butadiene Styrene (ABS)
      5. Adiponitrile
      6. Others
    3. Global Synthetic And Biobased Butadiene 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
        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. BASF SE
      2. SABIC
      3. Exxon Mobil Corporation
      4. Shell Chemicals
      5. LyondellBasell In
  7. Analyst Views
  8. Future Outlook of the Market