Global Butadiene Demand Analysis, By Types, By Applications [Tire & Rubber, Plastic & Polymer, Chemical, Automobile, Others] & Forecast Analysis, 2034

Description

Butadiene is a colorless gas primarily produced as a by-product during the manufacture of ethylene and propylene, and through the distillation of crude butylene. It plays a vital role in production of synthetic rubbers and plastics, such as polybutadiene rubber, chloroprene rubber, nitrile rubber, and acrylonitrile butadiene styrene. These materials are found in a wide range of everyday products, making butadiene an important commodity chemical.

The butadiene demand is influenced by factors such as population growth, economic performance (GDP), and fluctuations in crude oil prices. Over the past few decades, the Asia-Pacific region, especially China and India, has experienced rapid growth in the consumption of butadiene. This surge is due in part to the relocation of production hubs from Europe to Asia-Pacific, fueling increased demand for synthetic rubbers and specialty elastomers. Following Asia-Pacific, Western Europe and North America remain significant consumers of butadiene, with steady growth estimated in these regions as well. These regions continue to support demand through established industries such as automotive manufacturing, industrial rubber goods, and plastics production, and they are estimated to maintain steady growth over the coming years.

During the forecast period the butadiene market is poised to grow at a CAGR of ~3% driven by increasing production capacity and rising consumption in end-use industries. Market dynamics will be shaped by capacity utilization rates, global trade flows (imports and exports), and demand from sectors such as tires, automotive components, plastics, and specialty chemicals. Strategic supply chain management will be vital to balance supply-demand fluctuations, particularly in light of raw material price volatility and shifting geopolitical factors.

Butadiene's market is categorized by its major products, including polybutadiene, chloroprene, ABS, styrene butadiene rubber (SBR), nitrile rubber, and others. These products serve key industries such as tires and rubber manufacturing, plastics and polymers, chemicals, and automotive sectors. Styrene Butadiene Rubber, Acrylonitrile Butadiene Styrene and Polybutadiene Rubber together dominates the global butadiene market accounting for over 70% of the total demand in 2024. All other application including Adiponitrile, Styrene Butadiene Latex and Nitrile rubber & Chloroprene Rubber accounted for remaining 30% share.

The market includes leading players like BASF, LyondellBasell, Royal Dutch Shell, ExxonMobil Chemical, Sinopec, Haldia Petrochemicals (HPL), ONGC Petro-additions Ltd - (OPaL) , Bangkok Synthetics Co Ltd - (BST) , Lotte, Petrokemya, LG Chem, and others, who dominate the production and supply chain globally.

1. Introduction

Scope
Market Coverage
- Applications
- Regions
- Countries
Years Considered
- Historical - 2018 - 2023
- Base - 2024
- Forecast Period - 2025 - 2034
Research Methodology
- Approach
- Research Methodology
- Prismane Consulting Market Models
- Assumptions & Limitations
- Abbreviations & Definitions
- Conversion Factors
- Data Sources

2. Market Synopsis

Market Evolution
Demand-Supply Overview
Industry Structure
Strategic Issues
End-use Trends
Growth Forecast

3. Economic & Energy Outlook

GDP and Demographics
Monetary & Fiscal Policies
Crude Oil Production and prices
Natural Gas
Electricity Prices

4. End-use Sector Performance

Automotive
Electrical & Electronics
Buildings & Construction
Consumer Products
Others

5. Capacity (Plants & Projects) Analysis

Capacity, by Company
Capacity, by Country and by Region
Capacity Overview, By Region and Country

6. Introduction to Butadiene and Market Overview

Product Description
Grades & Properties
Raw Material
Manufacturing Process
Environmental Issues
Value Chain
Applications

7. Market Dynamics and Industry Trends

Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges

8. Global Butadiene Demand-Supply Analysis, By Applications (Volume, Value) (2018 - 2034)

Strategic Issues
Demand-Supply Analysis and Forecast (2018 - 2034)
- Capacity
- Capacity Utilization (%)
- Production
- Imports
- Exports
- Net Exports
- Demand
- Demand Growth Rate (%)
- Driving Force Analysis
- Global Butadiene Market, By Applications
Styrene Butadiene Rubber (SBR)
Polybutadiene Rubber
Acrylonitrile Butadiene Styrene (ABS)
Nitrile & Polychloroprene Elastomers
Others

9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018 - 2034)

Strategic Issues
Capacity
Capacity Utilization (%)
Production
Imports
Exports
Net Exports
Demand
Demand Growth Rate (%)
Butadiene Market, By Applications

Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by applications has been provided for each of the countries / regions in Volume (Kilo tons) and Value (USD Million).

North America
USA
Canada
Mexico
Western Europe
Germany
France
Italy
United Kingdom
Spain
Rest of Western Europe
Central & Eastern Europe
Russia
Poland
Rest of Central & Eastern Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Central & South America
Middle East & Africa

Note: CAGR will be calculated for all applications to arrive at the regional / global Demand-Supply growth for the forecast period (2025 - 2034)

10. Pricing Analysis

Average Butadiene Prices, USD/Kg
Average prices, by region
Price Forecast

11. Key Strategic Issues

12. Business Opportunity Assessment

Market Attractiveness Assessment
Prospective & Target Market Study

13. Strategic Recommendation & Suggestions

14. Company Analysis

Butadiene Manufacturers Profiles/ Company Analysis
- Basic Details
- Headquarter, Key Markets
- Ownership
- Company Financial
- Manufacturing Bases
- Global Turnover
- Total Employee
- Product Portfolio / Services / Solutions
- Key Business Strategies adopted and Prismane Consulting Overview
- Recent Developments
- Companies Covered -
BASF
LyondellBasell
Royal Dutch
TPC Group Inc.
LG Chem
Sinopec
ExxonMobil Chemical Company
Braskem S.A.
ENI SpA
Praxiar Inc.
Haldia Petrochemicals
Linde Group
Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15. Appendices

Demand-Supply - Regions
Demand-Supply - Countries
Capacities, 2018-2034