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    Synthetic & Bio Based Butadiene Market Report

    Synthetic & Bio Based Butadiene Market Report
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    Synthetic & Bio-based Butadiene Market Size, Share, Trend, Forecast, & Industry An See more...

    Impact of COVID-19 on Synthetic & Bio Based Butadiene Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Synthetic & Bio Based Butadiene Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Synthetic & Bio-based Butadiene Market is likely to witness an impressive CAGR of 5.0% during the forecast period. Rapid growth in the tire and automotive industries globally, leading to an increased product demand in automotive-related industries including raw materials for tires, body parts, and other accessories is the key factor expected to fuel the growth of the market during the forecast period.

    Synthetic & Bio-based Butadiene Market – Snapshot

    Growth

    5.0% for the next five years

    Emerging Product Type

    Bio-based Butadiene

    Dominant Application Type

    Butadiene Rubber

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, Eni S.p.A, Evonik Industries AG, Exxon Mobil Corporation, INEOS Group Ltd., LyondellBasell Industries N.V., Repsol S.A., Royal Dutch Shell Plc, SABIC, and The Dow Chemical Company.

    Segment Analysis

    Synthetic-&-Bio-based-Butadiene-Market-Dominant-Segments

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    Synthetic & Bio-based Butadiene Market Share: By Product Type

    Based on the product type, the market is segmented as synthetic butadiene and bio-based butadiene. Synthetic butadiene held the largest share of the market in the past few years but due to increasing stringent rules and regulations imposed by the government to use bio-based products in the current scenario, bio-based butadiene is expected to witness significant growth in the market during the forecast period.

    Synthetic & Bio-based Butadiene Market Share: By Application Type

    Based on the application type, the market is segmented as SB rubber, butadiene rubber, SB latex, ABS, adiponitrile, and others. Butadiene rubber is estimated to account for the major share of the market during the forecast period on account of its capability of offering various added benefits such as better grip and low rolling resistance making it more preferable in the automotive industry. On the other hand, SB latex is estimated to witness significant growth in the market owing to its wide utilization in building and construction activities.

    Synthetic & Bio-based Butadiene Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region of the market during the forecast period on account of increasing disposable income of consumer with the growing population and China being the growth engine of the region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Synthetic-&-Bio-based-Butadiene-Market-By-Region

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    Market Scope & Segmentation

    Synthetic & bio-based butadiene is chemically known as 1,3-butadiene, which is non-corrosive and colorless gas that condense to a liquid form at -4.5°C and and is produced commercially by refinement of crude butylene concentration stream.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Synthetic & Bio-based Butadiene Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The synthetic & bio-based butadiene market is segmented into the following categories. 

    Synthetic & Bio-based Butadiene Market Size, Share, & Forecast, by Product Type:

    • Synthetic Butadiene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Bio-based Butadiene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Synthetic & Bio-based Butadiene Market Size, Share, & Forecast, by Application Type:

    • SB Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Butadiene Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • SB Latex (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • ABS (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Adiponitrile (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Synthetic & Bio-based Butadiene Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Synthetic-&-Bio-based-Butadiene-Market-Segmentation

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    Key Players

    Some of the key players in the synthetic & bio-based butadiene market are-

    • BASF SE
    • Eni S.p.A
    • Evonik Industries AG
    • Exxon Mobil Corporation
    • INEOS Group Ltd.
    • LyondellBasell Industries N.V.
    • Repsol S.A.
    • Royal Dutch Shell Plc
    • SABIC
    • The Dow Chemical Company.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The synthetic & bio-based butadiene market is expected to witness an impressive growth of 5.0% CAGR in the foreseeable future.

    BASF SE, Eni S.p.A, Evonik Industries AG, Exxon Mobil Corporation, INEOS Group Ltd., LyondellBasell Industries N.V., Repsol S.A., Royal Dutch Shell Plc, SABIC, and The Dow Chemical Company are among the key players in the synthetic & bio-based butadiene market.

    Asia-pacific is expected to be the leading synthetic & bio-based butadiene market during the forecast period of 2021-26.

    Butadiene rubber is estimated to account for the major share of the synthetic & bio-based butadiene market in the coming five years.

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