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1,3 Butadiene Market Size, Share, Trends, Growth Outlook

1,3 Butadiene Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Application (Butadiene rubber, Acrylonitrile Butadiene Styrene Resins (ABS), Styrene Butadiene Rubber (SBR), SB Latex, Nitrile Butadiene Rubber (NBR), Hexamethylenediamine), By End-User (Automotive, Building & Construction, Packaging, Personal Care Industry, Health Care Industry, Household Appliances, Others), Countries and Companies Report

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  • |Published Month : October, 2024
  • |No. of Pages : 195

The global 1,3 Butadiene Market is poised to register a 5.7% CAGR from $35.6 Billion in 2024 to $49.6 Billion in 2030.

The global 1,3 Butadiene Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Application (Butadiene rubber, Acrylonitrile Butadiene Styrene Resins (ABS), Styrene Butadiene Rubber (SBR), SB Latex, Nitrile Butadiene Rubber (NBR), Hexamethylenediamine), By End-User (Automotive, Building & Construction, Packaging, Personal Care Industry, Health Care Industry, Household Appliances, Others).

An Introduction to Global 13 Butadiene Market in 2024

As a fundamental building block in the production of synthetic rubber and various plastics, the 1,3 Butadiene market is intricately linked with the automotive, construction, and consumer goods industries. Key trends shaping its future include technological advancements in production processes aimed at improving efficiency and reducing environmental impact. Additionally, the increasing adoption of butadiene derivatives in the manufacturing of lightweight materials, such as ABS plastics and styrene-butadiene rubber (SBR), to meet the demands for fuel efficiency and sustainability in the automotive sector, is driving market growth. Furthermore, with the global push towards electric vehicles, there is a growing emphasis on developing butadiene-based materials with enhanced electrical conductivity and thermal stability, further propelling innovation in the market.

1,3 Butadiene Industry- Market Size, Share, Trends, Growth Outlook

1,3 Butadiene Market Competitive Landscape

The market report analyses the leading companies in the industry including BASF S.E., Braskem S.A., ExxonMobil Chemical Company, ENI S.p.A, LyondellBasell Industries N.V., Royal Dutch Shell Plc., Sinopec, TPC Group Inc., Nizhnekamskneftekhim O.A.O., Lanxess A.G..

1,3 Butadiene Market Dynamics

1 3 ButadieneMarket Trend: Shift Towards Sustainable Alternatives

Increasing emphasis on sustainable alternatives driven by environmental regulations and consumer preferences is widely observed across the industry. With growing concerns about carbon emissions and environmental impact, industries are seeking to reduce their reliance on fossil fuels and petrochemical-based products. This is leading to a rising demand for bio-based or renewable sources of 1,3 Butadiene, such as biomass-derived feedstocks or bio-based processes. Manufacturers are exploring greener production methods and investing in research and development to meet the growing demand for sustainable solutions in various applications, including synthetic rubber, plastics, and textiles.

1 3 Butadiene Market Driver: Growing Automotive Industry Applications

The global automotive sales increased from 82.9 million in 2022 to 92.7 million in 2023 according to the International Organization of Motor Vehicle Manufacturers. A key driver propelling the market for 1,3 Butadiene is the expanding automotive industry, particularly in emerging economies. The automotive sector is a major consumer of synthetic rubber, which is a primary application for 1,3 Butadiene. As economies grow and disposable incomes rise, there is an increasing demand for automobiles, driving the production of tires, hoses, belts, and other rubber-based components. This surge in automotive production fuels the demand for 1,3 Butadiene as a crucial raw material in the manufacturing of synthetic rubber, presenting significant growth opportunities for suppliers and producers in the market.

1 3 Butadiene Market Opportunity: Technological Innovations in Polymerization Processes

Technological innovations in polymerization processes present significant opportunities for companies. Advancements in catalyst technologies and process optimization are enabling more efficient and cost-effective production of butadiene-based polymers. Novel catalysts and reaction conditions are enhancing the selectivity and yield of 1,3 Butadiene, while also improving the properties of the resulting polymers, such as durability, flexibility, and heat resistance. By investing in research and development to further improve polymerization technologies, companies aim to capitalize on the growing demand for high-performance materials in industries such as automotive, construction, and electronics.

1,3 Butadiene Market Share Analysis: Butadiene Rubber generated highest revenue in 2024

The Butadiene Rubber segment stands as the largest segment in the 1,3 Butadiene Market, primarily due to its extensive applications across various industries. Butadiene rubber, also known as polybutadiene rubber (PBR), is widely used in the production of tires, automotive components, footwear, and industrial goods due to its exceptional properties such as high resilience, abrasion resistance, and low-temperature flexibility. The automotive industry, in particular, represents a significant portion of the demand for butadiene rubber, driven by the steady growth in vehicle production globally. Additionally, the construction and manufacturing sectors rely on butadiene rubber for a wide range of applications, further contributing to its dominance in the market. As the demand for durable and high-performance rubber products continues to rise, the Butadiene Rubber segment maintains its position as the largest and most crucial segment within the 1,3 Butadiene Market, driving significant growth and development in the industry.

1,3 Butadiene Market Share Analysis: Packaging is the fastest growing market segment over the forecast period to 2030

The Packaging segment is the fastest-growing segment in the 1,3 Butadiene Market, fueled by diverse key factors driving its rapid expansion. With the increasing demand for packaging materials worldwide, particularly in the food and beverage industry, there is a growing need for high-performance materials that offer excellent barrier properties, durability, and cost-effectiveness. Butadiene-based polymers, such as styrene-butadiene rubber (SBR) and acrylonitrile-butadiene-styrene (ABS), are widely used in the production of packaging materials, including films, bottles, and containers, due to their versatility and ability to meet stringent performance requirements. In addition, the shift toward sustainable and eco-friendly packaging solutions has prompted the development of bio-based and recyclable butadiene polymers, further driving growth in the packaging segment. As consumer preferences evolve toward convenience and sustainability, the demand for innovative packaging materials derived from 1,3 Butadiene continues to rise, positioning the Packaging segment for significant growth in the coming years.

1,3 Butadiene Market Share Analysis: Automotive held the dominant revenue share in 2024

The Automotive segment stands as the largest segment in the 1,3 Butadiene Market, owing to its extensive use in the manufacturing of tires and various automotive components. 1,3 Butadiene is a key raw material in the production of synthetic rubber, particularly styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR), which are essential components of tires due to their excellent abrasion resistance, durability, and traction properties. As the automotive industry experiences steady growth globally, driven by rising consumer demand for passenger vehicles, commercial vehicles, and off-road vehicles, the demand for tires and other rubber components continues to escalate. Additionally, stringent regulations regarding fuel efficiency and safety standards have further spurred the adoption of high-performance tires, driving the demand for 1,3 Butadiene in the automotive sector. With the automotive industry remaining a dominant force in the global economy, the Automotive segment maintains its position as the largest and most crucial segment within the 1,3 Butadiene Market.

1,3 Butadiene Market Report Scope-

By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others

1,3 Butadiene Market Companies Profiled

BASF S.E.
Braskem S.A.
ExxonMobil Chemical Company
ENI S.p.A
LyondellBasell Industries N.V.
Royal Dutch Shell Plc.
Sinopec
TPC Group Inc.
Nizhnekamskneftekhim O.A.O.
Lanxess A.G.
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 1,3 Butadiene Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global 1,3 Butadiene Market Size Outlook, $ Million, 2021 to 2030
3.2 1,3 Butadiene Market Outlook by Type, $ Million, 2021 to 2030
3.3 1,3 Butadiene Market Outlook by Product, $ Million, 2021 to 2030
3.4 1,3 Butadiene Market Outlook by Application, $ Million, 2021 to 2030
3.5 1,3 Butadiene Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of 1,3 Butadiene Industry
4.2 Key Market Trends in 1,3 Butadiene Industry
4.3 Potential Opportunities in 1,3 Butadiene Industry
4.4 Key Challenges in 1,3 Butadiene Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global 1,3 Butadiene Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global 1,3 Butadiene Market Outlook by Segments
7.1 1,3 Butadiene Market Outlook by Segments, $ Million, 2021- 2030
By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others

8 North America 1,3 Butadiene Market Analysis and Outlook To 2030
8.1 Introduction to North America 1,3 Butadiene Markets in 2024
8.2 North America 1,3 Butadiene Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America 1,3 Butadiene Market size Outlook by Segments, 2021-2030
By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others

9 Europe 1,3 Butadiene Market Analysis and Outlook To 2030
9.1 Introduction to Europe 1,3 Butadiene Markets in 2024
9.2 Europe 1,3 Butadiene Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe 1,3 Butadiene Market Size Outlook by Segments, 2021-2030
By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others

10 Asia Pacific 1,3 Butadiene Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific 1,3 Butadiene Markets in 2024
10.2 Asia Pacific 1,3 Butadiene Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific 1,3 Butadiene Market size Outlook by Segments, 2021-2030
By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others

11 South America 1,3 Butadiene Market Analysis and Outlook To 2030
11.1 Introduction to South America 1,3 Butadiene Markets in 2024
11.2 South America 1,3 Butadiene Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America 1,3 Butadiene Market size Outlook by Segments, 2021-2030
By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others

12 Middle East and Africa 1,3 Butadiene Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa 1,3 Butadiene Markets in 2024
12.2 Middle East and Africa 1,3 Butadiene Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa 1,3 Butadiene Market size Outlook by Segments, 2021-2030
By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
BASF S.E.
Braskem S.A.
ExxonMobil Chemical Company
ENI S.p.A
LyondellBasell Industries N.V.
Royal Dutch Shell Plc.
Sinopec
TPC Group Inc.
Nizhnekamskneftekhim O.A.O.
Lanxess A.G.

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Application
Butadiene rubber
Acrylonitrile Butadiene Styrene Resins (ABS)
Styrene Butadiene Rubber (SBR)
SB Latex
Nitrile Butadiene Rubber (NBR)
Hexamethylenediamine

By End-User
Automotive
Building & Construction
Packaging
Personal Care Industry
Health Care Industry
Household Appliances
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions