Butadiene is manufactured by using petrochemical as well as bio-based raw materials. Synthetic butadiene and bio-based butadiene are product segments of the market. Synthetic butadiene is one of the primary petrochemicals that is obtained by steam cracking of hydrocarbons. However, bio-based butadiene is produced by using renewable raw material sources such as non-food biomass. Synthetic & bio-based butadiene is widely used in synthetic rubber processing and industrial polymer industries. The market has been segmented based on application into styrene-butadiene rubber, butadiene rubber, styrene-butadiene latex, acrylonitrile butadiene styrene, adiponitrile, and others such as nitrile rubber. Butadiene rubber was the largest application segment of the synthetic & bio-based butadiene market in 2014; however, adiponitrile is estimated to be the fastest-growing segment of the global synthetic & bio-based butadiene market from 2015 to 2023. End-user industries of butadiene such as paints & coatings and printing inks are likely to drive the market by 2023. However, there is substantial threat of substitutes to raw materials as well as due to emerging process technologies in the market.
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This report provides the estimate and forecast for the synthetic & bio-based butadiene market on the global, regional, and country level. The study provides forecast from 2015 to 2023 based on volume (Kilo Tons) and revenue (US$ Mn).
The study provides a comprehensive view of the synthetic & bio-based butadiene market by bifurcating it into product segments such as synthetic and bio-based. The report also segments the global synthetic & bio-based butadiene market in terms of application such as styrene-butadiene rubber, butadiene rubber, styrene-butadiene latex, acrylonitrile butadiene styrene, adiponitrile, and others. Application segments have been...