Home > > Materials And Chemicals > > 1,3 Butadiene Market Size, Share, Growth & Trends [2025 - 2032]
Id: CBI_2513 | Pages: 262 | Format : PDF | Published : | Author : Consegic Business Intelligence | Category : Materials And Chemicals
1,3 Butadiene Market size is estimated to reach over USD 53,412.15 Million by 2032 from a value of USD 34,804.91 Million in 2024 and is projected to grow by USD 36,099.02 Million in 2025, growing at a CAGR of 5.5% from 2025 to 2032.
1,3 Butadiene is an unsaturated hydrocarbon primarily used as a monomer in the production of synthetic rubber and plastics. It is a colorless, flammable gas with a mild aromatic odor, commonly derived from the cracking process of hydrocarbons. Key characteristics of 1,3 Butadiene include its reactivity and compatibility with other monomers, enabling the synthesis of versatile polymer products. It exhibits excellent thermal stability, making it suitable for high-performance applications. The benefits of 1,3 Butadiene include enhanced elasticity, durability, and chemical resistance when used in synthetic materials. These properties contribute to improved product performance in demanding environments.
1,3 Butadiene is widely applied in the manufacturing of polybutadiene rubber, styrene-butadiene rubber, and nitrile rubber, which are integral to producing tires, adhesives, and industrial components. It is also utilized in the production of ABS (Acrylonitrile Butadiene Styrene) plastics for automotive and electronic applications. End-use industries for 1,3 Butadiene include automotive, construction, consumer goods, and electronics, where its derivatives play a crucial role in ensuring quality and functionality. Its significance in advanced material synthesis positions it as a critical component in industrial and consumer applications.
The automotive industry heavily relies on synthetic rubber for manufacturing tires, seals, and other components. As global car production continues to rise, the 1,3 Butadiene market demand for synthetic rubber also escalates. 1,3 Butadiene plays a critical role in the production of styrene-butadiene rubber (SBR) and butadiene rubber (BR), both of which are essential materials for automotive applications. The rising 1,3 Butadiene market trend for fuel-efficient and durable tires is driving the need for these synthetic rubbers, consequently boosting the demand for 1,3 Butadiene. For instance, companies such as Bridgestone and Michelin continue to increase their production of synthetic rubber tires to meet the needs of an expanding automotive market. Therefore, the continuous growth of the automotive sector directly supports the demand for 1,3 Butadiene in synthetic rubber production.
1,3 Butadiene is primarily derived from petrochemical processes, with its price heavily influenced by fluctuations in crude oil and natural gas prices. The volatile nature of the oil market creates instability in the pricing of 1,3 Butadiene, which can affect its production cost. For example, a rise in crude oil prices can directly increase the cost of 1,3 Butadiene, which may lead to higher production costs for companies that rely on it. This fluctuation in raw material prices can cause uncertainty for manufacturers and hinder 1,3 butadiene market growth, as businesses may struggle to maintain stable margins. Consequently, this price instability presents a significant challenge to the 1,3 Butadiene market growth.
The growing trend for sustainable and eco-friendly products is expected to drive the development of bio-based 1,3 Butadiene. Researchers and companies are exploring bio-based feedstocks to produce 1,3 Butadiene as a cleaner alternative to the traditional petroleum-derived version. This innovation could help reduce the carbon footprint of industries that depend on 1,3 Butadiene, especially in the automotive and rubber sectors. As governments and organizations push for stricter environmental regulations, the adoption of bio-based 1,3 Butadiene is likely to increase, offering significant trending 1,3 Butadiene market opportunities in the future. For instance, companies like LyondellBasell and Genomatica are investing in bio-based production methods, which could revolutionize the market and contribute to its long-term sustainability. Therefore, the emergence of bio-based 1,3 Butadiene presents a key opportunity for 1,3 Butadiene market expansion and environmental improvement.
Based on product type, the market is segmented into Synthetic Butadiene and Bio-Based Butadiene.
The Synthetic Butadiene segment accounted for the largest revenue in the Global 1,3 Butadiene Market share by 72.83% in 2024.
The Bio-Based Butadiene segment is anticipated to register the fastest CAGR during the forecast period.
Based on application, the market is segmented into Polybutadiene Rubber (PBR), Styrene-Butadiene Rubber (SBR), Acrylonitrile Butadiene Styrene (ABS) Resins, Nitrile Rubber (NBR), and Others.
The Styrene-Butadiene Rubber (SBR) segment accounted for the largest revenue share in 2024.
The Acrylonitrile Butadiene Styrene (ABS) Resins segment is anticipated to register the fastest CAGR during the forecast period.
Based on end-use industry, the market is segmented into Automotive, Consumer Goods, Construction, Healthcare, and Industrial.
The Automotive segment accounted for the largest revenue share in 2024.
The Healthcare segment is anticipated to register the fastest CAGR during the forecast period.
The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
In 2024, North America was valued at USD 11,545.08 Million and is expected to reach USD 17,310.88 Million in 2032. In North America, the U.S. accounted for the highest share of 73.70% during the base year of 2024.
In North America, the 1,3 butadiene market is primarily influenced by the high demand for synthetic rubber, which is crucial for automotive and tire manufacturing. The United States is the leading consumer, supported by the presence of major automotive companies and oil refineries. The market faces regulatory pressures, particularly concerning environmental concerns over emissions from chemical plants and refineries. However, advancements in shale gas production have boosted domestic production capacity.
In Asia Pacific, the market is experiencing the fastest growth with a CAGR of 5.9% over the forecast period.
Asia-Pacific holds the largest share of the 1,3 butadiene market. China is the largest consumer due to its massive automotive industry and the demand for synthetic rubber. India, Japan, and South Korea also contribute significantly to market expansion, supported by strong industrial sectors. This region is a key player in the petrochemical industry, with numerous refineries and petrochemical plants increasing 1,3 butadiene production. Economic growth, infrastructure development, and industrialization continue to support high demand.
In Europe, the 1,3 butadiene market is driven by the automotive and tire industries, with Germany being the primary consumer. Europe also has strict environmental regulations, which impact the production processes of 1,3 butadiene. The region's market is transitioning towards sustainable practices, including the increased use of bio-based and recycled materials. The production of 1,3 butadiene in Europe is concentrated in countries with large petrochemical sectors, such as Germany, France, and Belgium.
The Middle East has a strong 1,3 butadiene market due to the region's extensive oil and gas resources. Countries like Saudi Arabia and the UAE benefit from cheap feedstock, which enables them to maintain low production costs. These regions export large quantities of 1,3 butadiene, particularly to Asia-Pacific and Europe. The African market remains relatively small but is gradually developing as industrialization increases in key markets like South Africa.
Latin America’s 1,3 butadiene market is concentrated in Brazil and Mexico, where automotive and tire manufacturing industries contribute to demand. The region also benefits from its proximity to the United States, which influences the trade of raw materials. However, political instability and economic volatility in some countries limit market growth. The focus is mainly on expanding production capacity and enhancing petrochemical infrastructure in Brazil and Mexico.
The Global 1,3 Butadiene Market is highly competitive with major players providing products and services to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the Global 1,3 Butadiene Market. Key players in the 1,3 Butadiene industry include-
Report Attributes | Report Details |
Study Timeline | 2019-2032 |
Market Size in 2032 | USD 53,412.15 Million |
CAGR (2025-2032) | 5.5% |
By Product Type |
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By Application |
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By End-Use Industry |
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By Region |
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Key Players |
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North America | U.S. Canada Mexico |
Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
Middle East and Africa | GCC Turkey South Africa Rest of MEA |
LATAM | Brazil Argentina Chile Rest of LATAM |
Report Coverage |
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In 2024, the 1,3 Butadiene Market was USD 34,804.91 million.
In 2032, the market size of 1,3 Butadiene Market is expected to reach USD 53,412.15 million.
The product type, application, and end-user industry are the segments covered in this report.
Royal Dutch Shell (Netherlands), ExxonMobil Corporation (United States), Braskem (Brazil), LyondellBasell Industries (Netherlands), INEOS Group (United Kingdom), Reliance Industries Limited (India), LG Chem Ltd. (South Korea), Sabic (Saudi Arabia), Chevron Phillips Chemical Company (United States), Evonik Industries AG (Germany) are the major players in the 1,3 Butadiene market.