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1 3 Butadiene Market Size & Share, By Grade (Refined Butadiene, Polymer Grade Butadiene), Application (Synthetic Rubber Production, Chemical Intermediates, Fuel Additives), Manufacturing Process (Steam Cracking, Butane Dehydrogenation), End-User Industry (Automotive, Construction, Consumer Goods, Packaging) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Report ID: FBI 17347

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Published Date: Apr-2025

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Format : PDF, Excel

Market Outlook:

1 3 Butadiene Market size is set to increase from USD 28.95 billion in 2024 to USD 37.79 billion by 2034, with a projected CAGR exceeding 2.7% from 2025 to 2034. The industry revenue for 2025 is anticipated to hit USD 29.57 billion.

Base Year Value (2024)

USD 28.95 Billion

19-24 x.x %
25-34 x.x %

CAGR (2025-2034)

2.7%

19-24 x.x %
25-34 x.x %

Forecast Year Value (2034)

USD 37.79 Billion

19-24 x.x %
25-34 x.x %
1 3 Butadiene Market

Historical Data Period

2021-2024

1 3 Butadiene Market

Largest Region

Asia Pacific

1 3 Butadiene Market

Forecast Period

2025-2034

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Market Dynamics:

Growth Drivers & Opportunities

The 1 3 Butadiene market is poised for growth driven by several key factors. One significant driver is the increasing demand from the automotive industry. 1 3 Butadiene is a crucial monomer for the production of synthetic rubber, which is widely used in tire manufacturing. As the automotive sector continues to expand, particularly in emerging economies, the demand for high-performance tires made from synthetic rubber is expected to rise concurrently. This growth is supported by the automotive industry's shift towards lightweight materials, which enhances fuel efficiency and performance.

Another influential factor is the rising need for synthetic rubber in various end-user industries, including footwear, electronics, and construction. The versatility of 1 3 Butadiene allows for its application in diverse products, enhancing its market potential. Furthermore, technological advancements in production processes are contributing to more efficient and cost-effective manufacturing, making 1 3 Butadiene more accessible. The exploration of alternative feedstock and production methods, such as bio-based butadiene, is also creating new opportunities for innovation and sustainability within the market.

Report Scope

Report CoverageDetails
Segments CoveredGrade, Application, Manufacturing Process, End-User Industryal
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledBraskem, LyondellBasell, Repsol, BASF, Shell, ExxonMobil, TPC Group, TotalEnergies, Formosa Plastics Group, Chevron Phillips Chemical, PetroChina, Dow, Sinopec, SIBUR, SABIC, China National Petroleum

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Industry Restraints:

Despite the robust growth prospects, the 1 3 Butadiene market faces notable challenges that could hinder its expansion. One of the primary restraints is the volatility of raw material prices and supply chain disruptions. Fluctuations in the availability of feedstocks such as naphtha can significantly impact production costs and availability of 1 3 Butadiene, creating uncertainty for manufacturers and leading to potential price increases for end products.

Additionally, stringent environmental regulations are emerging as a considerable challenge. As concerns regarding global warming and pollution intensify, governments worldwide are implementing stricter regulations on the production and use of petrochemicals, including 1 3 Butadiene. Compliance with these regulations may require significant investment in cleaner technologies, which could strain smaller manufacturers financially and limit their market presence.

Lastly, competition from alternative materials presents another restraint. The growing popularity of bio-based and recyclable materials among manufacturers driven by consumer preferences for sustainability may decrease reliance on traditional petrochemical products, including 1 3 Butadiene. As the market evolves, adapting to these shifts while maintaining competitiveness will be essential for stakeholders in the 1 3 Butadiene market.

Regional Forecast:

1 3 Butadiene Market

Largest Region

Asia Pacific

XX% Market Share in 2024

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North America

In North America, the 1 3 Butadiene market is primarily driven by the United States, which stands as a significant producer and consumer of the chemical. The demand for butadiene in the U.S. is largely influenced by its application in the production of synthetic rubber for the automotive industry. Additionally, the growth of the petrochemicals sector bolsters the production capabilities within the region. Canada is also emerging as a noteworthy player, with its chemical manufacturing sector gradually expanding. The overall market in North America is expected to see a steady growth trajectory, although regulatory policies and environmental considerations may pose challenges.

Asia Pacific

Asia Pacific is anticipated to dominate the 1 3 Butadiene market, with China leading the charge as the largest consumer and producer of butadiene. The rapid industrialization and urbanization in China contribute to a robust demand from the automotive and plastics industries. Japan and South Korea also exhibit strong market positions, with Japan focusing on technology-driven applications and high-performance materials. The increasing emphasis on the development of eco-friendly materials may create both challenges and opportunities in these markets. Overall, the Asia Pacific region is poised for significant expansion, driven largely by its diverse industrial base and growing consumer markets.

Europe

In Europe, the 1 3 Butadiene market is characterized by a strong presence of established automotive and chemical industries. Germany stands out as a key market, with a focus on innovative applications of synthetic rubber and high-performance polymers. The UK and France also play crucial roles, particularly in the context of sustainability and the shift towards green technologies. The European market is experiencing a transformation due to stringent environmental regulations, which may influence production practices and product formulations. As companies adapt to these changes, the emphasis on sustainability is expected to shape the market landscape in the region, potentially leading to new opportunities and challenges.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
1 3 Butadiene Market
1 3 Butadiene Market

Segmentation Analysis:

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In terms of segmentation, the global 1 3 Butadiene market is analyzed on the basis of Grade, Application, Manufacturing Process, End-User Industryal.

Market Analysis of 1 3 Butadiene

By Grade

The 1 3 Butadiene market is primarily segmented into two grades: Refined Butadiene and Polymer Grade Butadiene. Polymer Grade Butadiene is expected to occupy a significant market share due to its extensive usage in the production of synthetic rubber, particularly in tire manufacturing. The increasing demand for high-performance tires in the automotive sector is likely to drive growth in this segment. On the other hand, Refined Butadiene, while also important, tends to cater more to chemical intermediates and niche applications, making it a smaller but crucial part of the overall market.

By Application

Under the application segment, the market is categorized into Synthetic Rubber Production, Chemical Intermediates, and Fuel Additives. Synthetic Rubber Production stands out as the leading application, driven by its robust demand in automotive tires and various industrial applications. The growth of the automotive sector, especially in emerging economies, enhances the prospects for Synthetic Rubber Production. Chemical Intermediates, while growing steadily, supports various downstream applications, including plastics and resins, but may not grow as rapidly as synthetic rubber. The Fuel Additives application occupies a smaller segment, mainly driven by regulatory changes and the automotive industry's shift towards more sustainable fuels.

By Manufacturing Process

The manufacturing process for 1 3 Butadiene primarily involves Steam Cracking and Butane Dehydrogenation. Steam Cracking remains a dominant method due to its cost-effectiveness and efficiency in producing high yields of by-products, such as ethylene and propylene, alongside butadiene. The trend is shifting towards Butane Dehydrogenation, which is anticipated to experience rapid growth, given its ability to convert butane directly into butadiene. This method is favored for its lower environmental footprint and flexibility.

By End-User Industry

In terms of end-user industries, the 1 3 Butadiene market is prevalent in Automotive, Construction, Consumer Goods, and Packaging. The Automotive industry is projected to exhibit the largest market size, as demand for synthetic rubber in tires and various automotive components consistently rises. The Construction sector follows closely, driven by the use of butadiene in elastomers and adhesives. Consumer Goods and Packaging markets, while important, generally grow at a slower pace due to their reliance on broader economic trends and fluctuating consumer packaging demands. The automotive sector continues to be the primary driver of growth in this market, with construction increasingly adapting to sustainable materials and processes.

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Competitive Landscape:

The competitive landscape of the 1 3 Butadiene market is characterized by the presence of several key players who dominate the production and supply of this crucial chemical intermediate. The market is driven by growing demand from the automotive and rubber industries where 1 3 Butadiene is primarily used for the manufacture of synthetic rubber. Companies are increasingly focusing on capacity expansions and technological advancements to enhance production efficiency and meet the rising global demand. Strategic partnerships, mergers, and acquisitions are also common in this sector as players strive to strengthen their market position and expand their geographical footprint. Moreover, fluctuating raw material prices and stringent environmental regulations pose challenges to industry participants, compelling them to adopt sustainable practices.

Top Market Players

1. LyondellBasell Industries N.V.

2. Royal Dutch Shell Plc

3. SABIC

4. ExxonMobil Chemical Company

5. INEOS

6. TPC Group Inc.

7. LG Chem Ltd.

8. Kumho Petrochemical Co. Ltd.

9. CNPC (China National Petroleum Corporation)

10. Northeast Asia Resources Company Limited

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