Butadiene, also known as 1, 3-butadiene, is a colorless, non-corrosive gas that condenses to a liquid at minus 4.5 degrees centigrade and has a mild aromatic odor. It readily polymerizes with oxygen. It is soluble in alcohol and ether, however it is insoluble in water. It is an industrial chemical used in the manufacture of synthetic rubber. It is produced as a byproduct in the steam cracking process of ethylene and olefin production and acts as a predecessor to many processing materials and chemicals. Butadiene is used to make plastics including acrylics. Small amounts are found in gasoline.
Butadiene is a raw material for the production of synthetic rubbers, which go into tyres for the automotive industry.
In the world wide, giant manufactures mainly distribute in China, American and Europe. American has a long history and unshakable status in this industry, like Texas Petrochemicals and LyondellBasell, both have perfect products. Europe is the largest producer and consumption market of butadiene, it is BASF and Evonik that lead the technology development. In China, the manufactures focus in CNPC, CNOOC and Sinopec.
Due to the wide downstream consumption of the Butadiene, it should have large production share in daily chemical products. Recent years, there are some companies starting to research and development the product. The industry will form a much high concentration of global market competition in future. At present, the China, American and Europe account for above 70% of global market share in butadiene field.
After decades of development, the giant manufacturers have proven technique. The butadiene industry concentration is not very high in China, focusing in CNPC, CNOOC and Sinopec.
However, with additional supply coming amid continued weakness in the downstream synthetic rubber market, butadiene buyers have retreated to the sidelines, some factories shut down its butadiene unit. Recently, the price increases for the lack of butadiene, some small factories restart the unit.
In several years, more butadiene will be produced, and the cost will go down as the improvement of skill. The price of butadiene is effected by the economy and policy, after China G20, the price will increase in a short time. With the recovery of industry, butadiene market will be warm.
The global Synthetic Butadiene market was 12600 million US$ in 2018 and is expected to 10700 million US$ by the end of 2025, growing at a CAGR of -2.0% between 2019 and 2025.
This report studies the Synthetic Butadiene market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Synthetic Butadiene in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Lyondell Basell (US)
Ineos O&P (DE)
Reliance Industries (IN)
North Huajin (CN)
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Synthetic Butadiene market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Synthetic Butadiene market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Synthetic Butadiene manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Synthetic Butadiene with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Synthetic Butadiene submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Synthetic Butadiene are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Synthetic Butadiene market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Synthetic Butadiene market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table of Contents
Table of Contents
1 Synthetic Butadiene Market Overview
1.1 Synthetic Butadiene Product Overview
1.2 Synthetic Butadiene Market Segment by Type
1.2.1 Oxidative dehydrogenation
1.2.2 Extractive distillation
1.3 Global Synthetic Butadiene Market Size by Type
1.3.1 Global Synthetic Butadiene Sales and Growth by Type
1.3.2 Global Synthetic Butadiene Sales and Market Share by Type (2014-2019)
1.3.3 Global Synthetic Butadiene Revenue and Market Share by Type (2014-2019)
1.3.4 Global Synthetic Butadiene Price by Type (2014-2019)
2 Global Synthetic Butadiene Market Competition by Company
2.1 Global Synthetic Butadiene Sales and Market Share by Company (2014-2019)
2.2 Global Synthetic Butadiene Revenue and Share by Company (2014-2019)
2.3 Global Synthetic Butadiene Price by Company (2014-2019)
2.4 Global Top Players Synthetic Butadiene Manufacturing Base Distribution, Sales Area, Product Types
2.5 Synthetic Butadiene Market Competitive Situation and Trends