Bio-Based Butadiene [BioButadiene] Market
Bio-Based Butadiene [Bio-Butadiene] Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Bio-Based Butadiene [Bio-Butadiene] Market Size and Growth
The Bio-Based Butadiene market is experiencing significant growth, driven by rising demand for sustainable and eco-friendly materials. The market is projected to reach USD 1.5 billion by 2028, with a CAGR of 12%. Increasing applications in automotive and rubber industries are propelling the shift towards bio-based alternatives, fostering innovation and investment.
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Companies Covered
(Covid 19 Impact Covered)
◍ Braskem
◍ Genomatica & Versalis
◍ Biokemik(Biosyncaucho)
◍ LanzaTech & Invista
◍ Global Bioenergies & Synthos
The Bio-Based Butadiene market features key players like Braskem, Genomatica, Versalis, Biokemik, LanzaTech, Invista, Global Bioenergies, and Synthos. These companies leverage innovative processes to produce sustainable bio-butadiene, enhancing market growth through eco-friendly solutions. Sales revenues for select companies include:
- Braskem: $15 billion
- Genomatica: $250 million
- LanzaTech: $100 million
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Market Segmentation
By Application
◍ Thermo-plastic Elastomers
◍ Synthetic Rubber
◍ Fine Chemicals
◍ Nylon
◍ Styrenic Plastics
◍ Epoxy Resins
By Product
◍ laboratory Grade
◍ Industrial Grade
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Market Growth
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$ X Billion USD
