1, 3 Butadiene Size, Share, Growth, Demand, Emerging Trends and Forecast by 2029



Data Bridge Market Research analyses that the 1, 3 butadiene market was valued at USD 34.99 billion in 2021 and is expected to reach USD 55.77 billion by 2029, registering a CAGR of 6.00% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.


1, 3 butadiene also well-known as butadiene. This is an industrial chemical which is used in the production of synthetic rubber. It is formed as a by-product during the steam cracking process of olefin and ethylene production. It is an extremely reactive, colourless and flammable gas with a mild aromatic odour. It willingly polymerizes with oxygen. It is soluble in both ether and alcohol. However, it is insoluble in water.

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Some of the major players operating in the 1, 3 butadiene market are:

  • BASF SE (Germany)
  • LyondellBasell Industries Holdings B.V (Netherland)
  • Exxon Mobil Corporation (U.S.)
  • Lanxess (Germany)
  • China Petrochemical Corporation (China)
  • Shell plc (U.K.)
  • TSRC (Taiwan)
  • LG Chem (South Korea)
  • JSR Corporation (Japan)
  • Evonik Industries AG (Germany)
  • Idemitsu Kosan Co.,Ltd. (Japan)
  • Cray Valley (U.S.)
  • Polymer Source. Inc. (Canada)
  • NIPPON SODA CO., LTD. (Japan)

Global 1, 3 Butadiene Market Scope:

Global 1, 3 butadiene market is segmented on the basis of type, product and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type
  • Extractive Distillation
  • Oxidative Dehydrogenation

Product
  • Butadiene Rubber
  • Styrene Butadiene Rubber
  • Acrylonitrile Butadiene Rubber
  • Nitrile Butadiene Rubber
  • SB Latex
  • Hexamethylenediamine
  • Others


1, 3 Butadiene Market Regional Analysis/Insights:

The 1, 3 butadiene market is analysed and market size insights and trends are provided by country, type, product and end user as referenced above.

The countries covered in the 1, 3 butadiene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the 1, 3 butadiene market in terms of revenue and market share due to developing countries and imposition of favourable investment initiatives and policies to promote industrial growth by the governments. Also, rise in end-user industries such as consumer products, automotive and construction will likely to boost the growth of the market in this region.

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