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Butadiene Market - Global Industry Analysis, Forecast 2015 – 2023

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Synthetic and bio-based butadiene market was valued at US$ 15.24 Bn in 2014 and is expected to reach US$ 23.45 Bn by 2023, expanding at a CAGR of 4.9% between 2015 and 2023
Transparency Market
Research
Butadiene Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
31-Aug-2015
193 Page Report
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Press Release
Global Synthetic & Bio-based Butadiene Market is Likely to Reach
US$ 23.45 Bn in 2023 : TMR
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Butadiene Market
REPORT DESCRIPTION
Butadiene Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Transparency Market Research has published a new report titled “Butadiene (Synthetic and Bio-based)
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023.” According to
the report, the global synthetic & bio-based butadiene market for was valued at US$ 15.24 Bn in 2014 and is
anticipated to reach US$ 23.45 Bn by 2023, expanding at a CAGR of 4.9% between 2015 and 2023.
Browse the full Butadiene (Synthetic and Bio-based) Market for Styrene Butadiene Rubber, Butadiene
Rubber, Styrene Butadiene Latex, Acrylonitrile Butadiene Styrene, Adiponitrile and Other Applications Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 report at :
http://www.transparencymarketresearch.com/synthetic-and-bio-based-butadiene-market.html
Butadiene is one of the major petrochemical and holds significant importance in end-user industries such as
automotive and tire. High demand from tire and automotive industries is driving demand for synthetic & biobased butadiene during the last few years. Butadiene derivatives such as SB rubber, ABS, and butadiene
rubber are used in the processing of tires and automotive parts. SB rubber products such as S-SBR and ESBR are primarily consumed raw materials in the production of tires. These materials provide low rolling
resistance and better grip, thus resulting in reduced CO2 emissions and improved fuel economy. Rise in
demand for ABS in Asia Pacific, especially in China and Southeast Asia, is another key factor propelling growth
of the market for synthetic & bio-based butadiene. Furthermore, development of innovative technological
processes for the production of bio-based butadiene is likely to fuel the butadiene market in the near future.
However, volatility in raw material prices coupled with stringent environmental regulations are expected to
hinder the market growth during the forecast period.
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Synthetic butadiene was the largest product segment, accounting for a significant share of the global synthetic
& bio-based butadiene market in 2014. Synthetic butadiene is produced from a mixture of C4 feedstock and is
further processed to obtain derivatives such as ABS, SB rubber, and SB latex. These derivatives are employed
in tire and automotive industries. Bio-based butadiene is likely to be the fastest-growing product segment of the
synthetic & bio-based butadiene market in the next few years. Stringent regulations are primarily boosting
growth of the bio-based butadiene market. Alignment towards eco-friendly and cost-competitive production is
estimated to drive the market growth during the forecast period.
In terms of demand, butadiene rubber has been dominating the synthetic & bio-based butadiene market in the
past years. Butadiene rubber is primarily used in tire production; however, it is also used as an additive in
plastics such as polystyrene and ABS. SB rubber accounted for the second-largest share of the synthetic &
bio-based butadiene market in 2014. SB rubber is a synthetic rubber obtained through copolymerization of
butadiene and styrene and is used in the production of tire and its products. ABS and adiponitrile are
considered to be among the fastest-growing application segments of the synthetic & bio-based butadiene
market. A similar trend is anticipated to continue during the forecast period.
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Asia Pacific accounted for over 50% share of the global synthetic & bio-based butadiene in 2014. Increasing
demand from China and Southeast Asia is expected to drive growth of the synthetic & bio-based butadiene
market in this region. Europe and North America are likely to exhibit decline in the market growth due to lower
demand and stringent regulations related to butadiene. The Middle East & Africa is expected to be one of the
fastest-growing regions for synthetic & bio-based butadiene during the next decade. Growth in tire and
automotive industries in this region is likely to provide potential opportunities for the butadiene market in the
next few years.
The report provides a comprehensive view of the synthetic & bio-based butadiene market in terms of volume
and revenue. It includes current demand analysis and forecast for product segments and applications in North
America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Furthermore, the report provides
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detailed country-wise analysis of the synthetic & bio-based butadiene market in the regions mentioned above.
The synthetic & bio-based butadiene market has been divided into the following segments:
Synthetic & Bio-based Butadiene Market – Product Segment Analysis
•
Synthetic Butadiene
•
Bio-based Butadiene
Synthetic & Bio-based Butadiene Market – End-user Analysis
•
SB Rubber
•
Butadiene Rubber
•
SB Latex
•
ABS
•
Adiponitrile
•
Others (Including Nitrile Rubber, Chloroprene Rubber, etc.)
Synthetic & Bio-based Butadiene Market – Regional Analysis
North America
•
U.S.
•
Rest of North America
Europe
•
Germany
•
France
•
U.K.
•
Italy
•
Russia
•
Finland
•
Rest of Europe
Asia Pacific
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•
China
•
India
•
ASEAN
•
Rest of Asia Pacific
Latin America
•
Brazil
•
Rest of Latin America
Middle East & Africa (MEA)
•
GCC
•
South Africa
•
Rest of Middle East & Africa
TABLE OF CONTENT
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
1.2.1 Global Synthetic & Bio-based Butadiene Market Segmentation, by Product, Application, and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
1.4.1 Abbreviations
1.4.2 Currency Rates
Chapter 2 Executive Summary
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2.1 Global Synthetic & Bio-based Butadiene Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 3 Synthetic & Bio-based Butadiene Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 High Demand from the Tire and Automotive Industry to Boost Market Growth
3.3.1.1 Global Tire Market, by Volume, 2014 – 2023 (Million Units)
3.3.1.2 Global Automotive Production, by Major Countries, 2010 – 2014
3.3.2 Rising demand for ABS from Asia Pacific, especially China
3.3.2.1 China ABS Market, 2013 – 2023 (Kilo Tons)
3.4 Market Restraints
3.4.1 Volatile Raw Material Prices to Hamper Butadiene Market Demand
3.4.2 Stringent Environmental Regulations to Hinder Growth of Butadiene Market
3.5 Market Opportunities
3.5.1 Production of Bio-based Butadiene Expected to Amplify Butadiene Market in the Near Future
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat from Substitutes
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3.6.5 Degree of Competition
3.7 Synthetic & Bio-based Butadiene: Market Attractiveness Analysis
3.7.1 Global Synthetic & Bio-based Butadiene: Market Attractiveness Analysis
3.8 Synthetic & Bio-based Butadiene: Company Market Share Analysis
3.8.1 Global Synthetic & Bio-based Butadiene: Company Market Share Analysis, 2014
Chapter 4 Synthetic & Bio-based Butadiene Market – Raw Material Analysis
4.1 Synthetic & Bio-based Butadiene: Manufacturing Process
4.1.1 Extractive Distillation Process
4.1.1.1 Butadiene Manufacturing via Extractive Distillation Process
4.1.2 Butadiene Synthesis Through Oxidative Dehydrogenation of n-Butene (Oxo-D Process)
4.1.2.1 Recovery of Butadiene by Oxidative Dehydrogenation of n-Butene (Oxo-D Process)
4.1.3 Synthesis of Butadiene via Fermentation of Biomass Feedstock
4.1.3.1 Recovery of Butadiene by Fermentation of Biomass Feedstock
4.2 Raw Material Price Trends, 2014 – 2023 (US$/Ton)
4.3 Synthetic & Bio-based Butadiene Price Trends, 2014 – 2023, US$/Ton
Chapter 5 Synthetic & Bio-based Butadiene Market – Product Segment Analysis
5.1 Global Synthetic & Bio-based butadiene Market: Product Segment Overview
5.1.1 Global Synthetic & Bio-based Butadiene Market Volume Share, by Product, 2014 and 2023
5.2 Synthetic Butadiene
5.2.1 Global Synthetic Butadiene Market, 2014 – 2023 (Kilo tons) (US$ Mn)
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5.3 Bio-based Butadiene
5.3.1 Global Bio-based Butadiene Market, 2014 – 2023 (Kilo tons) (US$ Mn)
Chapter 6 Synthetic & Bio-based Butadiene Market – Application Analysis
6.1 Global Synthetic & Bio-based Butadiene Market: Application Overview
6.1.1 Global Synthetic & Bio-based Butadiene Market Volume Share, by Application, 2014 and 2023
6.2 SB Rubber
6.2.1 Global Synthetic & Bio-based Butadiene Demand for SB Rubber, 2014 – 2023 (Kilo tons) (US$ Mn)
6.3 Butadiene Rubber
6.3.1 Global Synthetic & Bio-based Butadiene Demand for Butadiene Rubber, 2014 – 2023 (Kilo tons)
(US$ Mn)
6.4 SB Latex
6.4.1 Global Synthetic & Bio-based Butadiene Demand for SB Latex, 2014 – 2023 (Kilo tons) (US$ Mn)
6.5 ABS
6.5.1 Global Synthetic & Bio-based Butadiene Demand for ABS, 2014 – 2023 (Kilo tons) (US$ Mn)
6.6 Adiponitrile
6.6.1 Global Synthetic & Bio-based Butadiene Demand for Adiponitrile, 2014 – 2023 (Kilo tons) (US$ Mn)
6.7 Others
6.7.1 Global Synthetic & Bio-based Butadiene Demand for Other Applications, 2014 – 2023 (Kilo tons)
(US$ Mn)
Chapter 7 Synthetic & Bio-based Butadiene Market – Regional Analysis
7.1 Global Synthetic & bio-based butadiene Market: Regional Overview
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7.1.1 Global Synthetic & Bio-based Butadiene Market Volume Share, by Region, 2014 & 2023
7.2 North America
7.2.1 North America Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.2.2 North America Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.2.3 North America Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.2.4 North America Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.2.5 U.S.
7.2.5.1 U.S. Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.2.5.2 U.S. Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.2.5.3 U.S. Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo tons)
7.2.5.4 U.S. Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$ Mn)
7.2.6 Rest of North America
7.2.6.1 Rest of North America Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 –
2023 (Kilo tons)
7.2.6.2 Rest of North America Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 –
2023 (US$ Mn)
7.2.6.3 Rest of North America Synthetic & Bio-based Butadiene Market Volume, by Application, 2014
– 2023 (Kilo tons)
7.2.6.4 Rest of North America Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014
– 2023 (US$ Mn)
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7.3 Europe
7.3.1 Europe Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.3.2 Europe Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.3.3 Europe Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo tons)
7.3.4 Europe Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$ Mn)
7.3.5 Germany
7.3.5.1 Germany Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo
tons)
7.3.5.2 Germany Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$
Mn)
7.3.5.3 Germany Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.3.5.4 Germany Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023
(US$ Mn)
7.3.6 France
7.3.6.1 France Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.3.6.2 France Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.3.6.3 France Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.3.6.4 France Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.3.7 U.K.
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7.3.7.1 U.K. Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.3.7.2 U.K. Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.3.7.3 U.K. Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo tons)
7.3.7.4 U.K. Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$ Mn)
7.3.8 Italy
7.3.8.1 Italy Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.3.8.2 Italy Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.3.8.3 Italy Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo tons)
7.3.8.4 Italy Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$ Mn)
7.3.9 Russia
7.3.9.1 Russia Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.3.9.2 Russia Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.3.9.3 Russia Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.3.9.4 Russia Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.3.10 Finland
7.3.10.1 Finland Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo
tons)
7.3.10.2 Finland Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$
Mn)
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7.3.10.3 Finland Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.3.10.4 Finland Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.3.11 Rest of Europe
7.3.11.1 Rest of Europe Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023
(Kilo tons)
7.3.11.2 Rest of Europe Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023
(US$ Mn)
7.3.11.3 Rest of Europe Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 –
2023 (Kilo tons)
7.3.11.4 Rest of Europe Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 –
2023 (US$ Mn)
7.4 Asia Pacific
7.4.1 Asia Pacific Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.4.2 Asia Pacific Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.4.3 Asia Pacific Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo tons)
7.4.4 Asia Pacific Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.4.5 China
7.4.5.1 China Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.4.5.2 China Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
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7.4.5.3 China Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.4.5.4 China Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.4.6 India
7.4.6.1 India Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.4.6.2 India Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.4.6.3 India Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo tons)
7.4.6.4 India Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.4.7 ASEAN
7.4.7.1 ASEAN Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.4.7.2 ASEAN Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.4.7.3 ASEAN Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.4.7.4 ASEAN Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.4.8 Rest of Asia Pacific
7.4.8.1 Rest of Asia Pacific Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023
(Kilo tons)
7.4.8.2 Rest of Asia Pacific Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 –
2023 (US$ Mn)
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7.4.8.3 Rest of Asia Pacific Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 –
2023 (Kilo tons)
7.4.8.4 Rest of Asia Pacific Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 –
2023 (US$ Mn)
7.5 Latin America
7.5.1 Latin America Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.5.2 Latin America Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.5.3 Latin America Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.5.4 Latin America Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.5.5 Brazil
7.5.5.1 Brazil Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 - 2023 (Kilo tons)
7.5.5.2 Brazil Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.5.5.3 Brazil Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo
tons)
7.5.5.4 Brazil Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.5.6 Rest of Latin America
7.5.6.1 Rest of Latin America Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 –
2023 (Kilo tons)
7.5.6.2 Rest of Latin America Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 –
2023 (US$ Mn)
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7.5.6.3 Rest of Latin America Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 –
2023 (Kilo tons)
7.5.6.4 Rest of Latin America Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014
– 2023 (US$ Mn)
7.6 Middle East & Africa
7.6.1 Middle East & Africa Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo
tons)
7.6.2 Middle East & Africa Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023
(US$ Mn)
7.6.3 Middle East & Africa Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023
(Kilo tons)
7.6.4 Middle East & Africa Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023
(US$ Mn)
7.6.5 GCC
7.6.5.1 GCC Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo tons)
7.6.5.2 GCC Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023 (US$ Mn)
7.6.5.3 GCC Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023 (Kilo tons)
7.6.5.4 GCC Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023 (US$
Mn)
7.6.6 South Africa
7.6.6.1 South Africa Synthetic & Bio-based Butadiene Market Volume, by Product, 2014 – 2023 (Kilo
tons)
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7.6.6.2 South Africa Synthetic & Bio-based Butadiene Market Revenue, by Product, 2014 – 2023
(US$ Mn)
7.6.6.3 South Africa Synthetic & Bio-based Butadiene Market Volume, by Application, 2014 – 2023
(Kilo tons)
7.6.6.4 South Africa Synthetic & Bio-based Butadiene Market Revenue, by Application, 2014 – 2023
(US$ Mn)
7.6.7 Rest of Middle East & Africa
7.6.7.1 Rest of the Middle East & Africa Synthetic & Bio-based Butadiene Market Volume, by Product,
2014 – 2023 (Kilo tons)
7.6.7.2 Rest of the Middle East & Africa Synthetic & Bio-based Butadiene Market Revenue, by
Product, 2014 – 2023 (US$ Mn)
7.6.7.3 Rest of the Middle East & Africa Synthetic & Bio-based Butadiene Market Volume, by
Application, 2014 – 2023 (Kilo tons)
7.6.7.4 Rest of the Middle East & Africa Synthetic & Bio-based Butadiene Market Revenue, by
Application, 2014 – 2023 (US$ Mn)
Chapter 8 Company Profiles
8.1 BASF SE
8.2 Eni S.p.A.
8.3 Evonik Industries
8.4 Exxon Mobil Corporation
8.5 INEOS Group AG
8.6 LyondellBasell Industries N.V.
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8.7 Nizhnekamskneftekhim
8.8 Petrochemical Corporation of Singapore Pte. Ltd.
8.9 Repsol Group
8.10 Royal Dutch Shell plc
8.11 Saudi Basic Industries Corporation (SABIC)
8.12 The Dow Chemical Company
8.13 TPC Group
8.14 Yeochun NCC Co., Ltd.
Chapter 9 Primary Research – Key Findings
9.1 Primary Research
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