Synthetic and Biobased Butadiene Market
Synthetic and Biobased Butadiene Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Synthetic and Biobased Butadiene Market Size and Growth
The Synthetic and Biobased Butadiene market is experiencing significant growth due to rising demand in automotive and chemical industries. In 2023, the market size is estimated at approximately USD 19 billion, driven by sustainability trends and technological advancements. Competitive dynamics emphasize the transition towards eco-friendly production methods and sourcing. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ BASF SE
◍ Eni S.p.A
◍ Royal Dutch Shell
◍ TPC Group
◍ Evonik Industries AG
◍ INEOS Group
◍ Exxon Mobil
◍ LyondellBasell Industries
◍ Repsol
◍ SABIC
◍ The Dow Chemical Company
◍ Yeochun NCC
◍ Dow
The Synthetic and Biobased Butadiene Market features key players like BASF, INEOS, and Shell, leveraging innovations in production methods to enhance sustainability. Companies like LyondellBasell and SABIC focus on expanding capacity in bio-sourced materials, driving market growth. Sales revenues for several: BASF (€78 billion), Dow ($55 billion), Exxon Mobil ($413 billion).
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Market Segmentation
By Application
Rubber
Butadiene Rubber
Latex
Adiponitrile
Others
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By Product
Synthetic Butadiene
Bio-based Butadiene
Market Growth
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$ X Billion USD
