Global Butadiene (Synthetic and Bio-based) market cagr 15.7%

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Butadiene (Synthetic

and Bio-based) Market

Butadiene (Synthetic and Bio-based) Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Butadiene (Synthetic and Bio-based) Market Size and Growth

The Butadiene market, encompassing both synthetic and bio-based products, is witnessing robust growth driven by rising demand in automotive and consumer goods sectors. As of 2023, the global market size is estimated at approximately $25 billion, with projections indicating continued expansion due to sustainability trends and technological advancements in bio-based production. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ Eni S.p.A.

◍ Evonik

◍ ExxonMobi

◍ INEOS

◍ LyondellBasell

◍ NKNH

◍ PCS

◍ Repsol

◍ Royal Dutch Shell

◍ SABIC

◍ Dow

◍ TPC Group

◍ Yeochun NCC

The Butadiene market is competitive with key players like BASF, ExxonMobil, and Dow driving innovation. These companies leverage synthetic and bio-based butadiene for applications in rubber and plastics, enhancing market growth. Key sales revenues include:

- BASF: €78.6 billion

- Dow: $55 billion

- INEOS: $60 billion

Their advancements support market expansion.

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Market Segmentation

By Application

SB Rubber

Butadiene Rubber

SB Latex

ABS

Adiponitrile

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By Product

Synthetic Butadiene

Bio-based Butadiene

Market Growth

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$ X Billion USD

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Global Butadiene (Synthetic and Bio-based) market cagr 15.7% by ReportPrime - Issuu