Butadiene Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Butadiene Market is Segmented by Application (Polybutadiene (PBR), Chloroprene, Styrene-butadiene (SBR), Nitrile Rubber (Acrylonitrile Butadiene NBR), Acrylonitrile Butadiene Styrene (ABS), Adiponitrile, Sulfolane, Ethylidene Norbornene, Styrene Butadiene Latex, And Other Applications), End-user Industry (Plastic and Polymer, Tire and Rubber, Chemical, And Other End-User Industries), And Geography (Asia-Pacific, North America, Europe, South America, And Middle-East and Africa). The Report Offers the Market Size and Forecasts for Butadiene in Terms of Volume (Tons) for all the Above Segments.

Butadiene Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Butadiene Market Size

Butadiene Market Summary
Study Period 2019 - 2030
Market Volume (2025) 14.63 Million tons
Market Volume (2030) 17.56 Million tons
CAGR 3.71 %
Fastest Growing Market Middle-East and Africa
Largest Market Asia Pacific
Market Concentration Low

Major Players

Butadiene Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Butadiene Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Butadiene Market Analysis

The Butadiene Market size is estimated at 14.63 million tons in 2025, and is expected to reach 17.56 million tons by 2030, at a CAGR of 3.71% during the forecast period (2025-2030).

The COVID-19 outbreak, nationwide lockdowns around the globe, disruption in manufacturing activities and supply chains, and production halts impacted the market in 2020. However, the market saw a surge in 2021. The demand for automotive manufacturing units, plastic, and polymer increased comparatively compared to 2020. This positively impacted the demand for styrene-butadiene and polybutadiene rubber, which is used in tires, building crack fillers, concrete additives, etc. The use of protective gloves made from nitrile rubber has increased in the current situation, thus stimulating the demand in the butadiene market.

  • The developing downstream market in Asia-Pacific is expected to drive the market's growth.
  • However, the hazardous effects caused by butadiene upon exposure and the closure of several tire manufacturing plants are likely to hamper the market's growth.
  • The innovation of bio-butadiene to produce products like synthetic rubber, thermoplastic elastomers, nylon, etc., is likely to create opportunities for the market in the coming years.
  • Asia-Pacific accounts for the highest market share and is expected to dominate the market during the forecast period.

Butadiene Industry Overview

The butadiene market is fragmented in nature. These companies (not in any particular order) include China Petroleum & Chemical Corporation (Sinopec), China National Petroleum Corporation, TPC Group, Shell plc, and Exxon Mobil Corporation.

Butadiene Market Leaders

  1. China Petroleum & Chemical Corporation

  2. China National Petroleum Corporation

  3. TPC Group

  4. Shell plc

  5. Exxon Mobil Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Butadiene Market  Concentration
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Butadiene Market News

  • In July 2022, Sinopec and INEOS Group announced agreements to collaborate on three joint ventures aimed at expanding the production of petrochemicals to help meet rising demand in China's market. INEOS acquired 50% of Sinopec subsidiary SECCO Petrochemical Co. Ltd. ( which produces butadiene). INEOS and Sinopec will form a new 50-50 joint venture to focus on increasing China's production capacity of acrylonitrile butadiene styrene (ABS) by up to 1.2 million tons per year (tpy) via the construction of two new 300,000-tpy ABS plants.
  • In June 2022, BASF extended its series of Licity anode binders for Li-ion battery manufacturing. The second-generation styrene-butadiene rubber (SBR) binder Licity 2698 X F facilitates the use of silicon contents exceeding 20%. The product also offers higher capacity, an increased number of charge/discharge cycles, and reduced charging times.

Butadiene Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Developing Downstream Market in Asia-Pacific
    • 4.1.2 Growth in the Automotive Industry
  • 4.2 Restraints
    • 4.2.1 Hazardous Effects Caused by Butadiene
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Feedstock Analysis
  • 4.6 Technological Snapshot

5. MARKET SEGMENTATION (Market Size in Volume)

  • 5.1 Application
    • 5.1.1 Polybutadiene (PBR)
    • 5.1.2 Chloroprene
    • 5.1.3 Styrene-Butadiene (SBR)
    • 5.1.4 Nitrile Rubber (Acrylonitrile Butadiene NBR)
    • 5.1.5 Acrylonitrile Butadiene Styrene (ABS)
    • 5.1.6 Adiponitrile
    • 5.1.7 Sulfolane
    • 5.1.8 Ethylidene Norbornene
    • 5.1.9 Styrene-Butadiene Latex
    • 5.1.10 Other Applications
  • 5.2 End-user Industry
    • 5.2.1 Plastic and Polymer
    • 5.2.2 Tire and Rubber
    • 5.2.3 Chemical
    • 5.2.4 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 France
    • 5.3.3.3 United Kingdom
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%) Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles (Overview, Financials**, Products and Services, and Recent Developments)
    • 6.4.1 BASF SE
    • 6.4.2 Braskem
    • 6.4.3 China National Petroleum Corporation
    • 6.4.4 China Petroleum & Chemical Corporation
    • 6.4.5 Dow
    • 6.4.6 ENEOS Materials Corporation
    • 6.4.7 Evonik Industries AG
    • 6.4.8 Exxon Mobil Corporation
    • 6.4.9 Formosa Plastics Corporation
    • 6.4.10 INEOS
    • 6.4.11 LG Chem
    • 6.4.12 LOTTE CHEMICAL TITAN HOLDING BERHAD
    • 6.4.13 LyondellBasell Industries Holdings BV
    • 6.4.14 Reliance Industries Limited
    • 6.4.15 Repsol
    • 6.4.16 Shell PLC
    • 6.4.17 SABIC
    • 6.4.18 TPC Group

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Innovation of Bio-butadiene
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Butadiene Industry Segmentation

Butadiene is a colorless, non-corrosive gas, that is used for the production of resins and plastics, including butadiene rubber, styrene rubber, adiponitrile, polychloroprene, nitrile rubber, and others. It is mainly produced from the extractive distillation of by-products from steam crackers while producing ethylene and propylene. The butadiene market is segmented by application, end-user industry, and geography. By application, the market is segmented into polybutadiene (PBR), chloroprene, styrene-butadiene (SBR), nitrile rubber (acrylonitrile butadiene NBR), acrylonitrile butadiene styrene (ABS), adiponitrile, sulfolane, ethylidene norbornene, styrene-butadiene latex, and other applications. By end-user industry, the market is segmented into plastic and polymer, tire and rubber, chemical, and other end-user industries. The report also covers the market size and forecasts for the butadiene market in 15 countries across the major regions. For each segment, the market sizing and forecasts have been done on the basis of volume (tons).

Application Polybutadiene (PBR)
Chloroprene
Styrene-Butadiene (SBR)
Nitrile Rubber (Acrylonitrile Butadiene NBR)
Acrylonitrile Butadiene Styrene (ABS)
Adiponitrile
Sulfolane
Ethylidene Norbornene
Styrene-Butadiene Latex
Other Applications
End-user Industry Plastic and Polymer
Tire and Rubber
Chemical
Other End-user Industries
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
France
United Kingdom
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Butadiene Market Research FAQs

How big is the Butadiene Market?

The Butadiene Market size is expected to reach 14.63 million tons in 2025 and grow at a CAGR of 3.71% to reach 17.56 million tons by 2030.

What is the current Butadiene Market size?

In 2025, the Butadiene Market size is expected to reach 14.63 million tons.

Who are the key players in Butadiene Market?

China Petroleum & Chemical Corporation, China National Petroleum Corporation, TPC Group, Shell plc and Exxon Mobil Corporation are the major companies operating in the Butadiene Market.

Which is the fastest growing region in Butadiene Market?

Middle-East and Africa is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Butadiene Market?

In 2025, the Asia Pacific accounts for the largest market share in Butadiene Market.

What years does this Butadiene Market cover, and what was the market size in 2024?

In 2024, the Butadiene Market size was estimated at 14.09 million tons. The report covers the Butadiene Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Butadiene Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Butadiene Industry Report

The Butadiene market has seen significant developments, with strategic expansions by key producers to boost petrochemical production capacities. The Asia Pacific region, led by China, is the largest consumer, fueled by demand from the polymer and synthetic rubber industries. Despite fluctuations in Butadiene prices due to feedstock costs, the global market is on an upward trajectory, due to its use in producing rubbers and plastics like Styrene Butadiene Rubber (SBR), Poly Butadiene Rubber, and Acrylonitrile Butadiene Styrene. These are crucial for manufacturing consumer goods, automotive components, and industrial materials, with the automotive and tire industries driving demand. The Asia Pacific's rapid industrialization and automotive sector growth have made it a leader in consumption and production. The market, segmented by end-user industries with styrene-butadiene rubber (SBR) as a dominant segment, is poised for growth with innovations in production and bio-based Butadiene development. Mordor Intelligence™ Industry Reports provide insights into Butadiene market share, size, revenue growth rate, forecast outlook, and historical overview, available as a free report PDF download.