Bio-Butadiene Market Analysis

Grade (Industrial Grade, Laboratory Grade)

Industrial grade segment is projected to account for more than 72.2% bio-butadiene market share by the end of 2037 owing to growing demands for sustainable materials in manufacturing applications for rubber, resin, plastic, etc. Industrial-grade bio-butadiene is estimated to witness larger commercial applications by industries seeking to curb carbon footprints without compromising on the quality of raw materials for manufacturing. For instance, in Additionally, the shift in demands for renewable materials in manufacturing marks a burgeoning trend of industrial decarbonization that is set to assist the robust growth of this segment.

Laboratory grade bio-butadiene is poised to increase its share in the global bio-butadiene market by the end of the forecast period. The growth of the segment is attributed to demands in specialized applications and small-scale chemical synthesis. Laboratory grade bio-butadiene is used in academic and industrial research institutions. The increasing research and development activities on bio-butadiene benefit the robust growth of this segment. For instance, in April 2021, Trinseo and ETB signed a letter of intent to collaborate on the development of purified bio-based 1,3-butadiene.

Source (Biomass-based, Bio-based Feedstocks, Waste-based feedstocks)

By source, the biomass-based segment held the largest revenue share in the global bio-butadiene market. The robust growth of the segment is owed to advancements in biomass conversion technologies, allowing greater production of bio-butadiene from renewable sources. The rising demand for sustainable end-products as well as calls to invest in sustainable supply chains is poised to maintain the growth curve of the biomass-based segment. Additionally, biomass-based bio butadiene offers an eco-friendly alternative to petrochemical butadiene. For instance, in December 2021, Riken published a study on using genetically engineered bacteria, i.e., Escherichia coli to convert glucose to bio-butadiene.

Our in-depth analysis of the market includes the following segments:

Grade	Industrial Grade Laboratory Grade
Source	Biomass-based Bio-based feedstock Waste-based feedstocks
End use Industry	Automotive & Transportation Consumer Goods Chemical Processing Building & Construction Healthcare Others

Frequently Asked Questions (FAQ)

The global bio-butadiene sector registers a valuation of USD 55.5 million in 2024 and is projected to expand at a CAGR of 10.7% during the forecast period, i.e., 2025-2037.

The global bio-butadiene market registered a profitable valuation of USD 55.5 million in 2024 and is poised to reach USD 208.3 million in 2037 at a CAGR of 10.7% during the forecast period, i.e., 2025-2037.

The major players in the market are SABIC, Evonik, Axens, Trinseo, Zeon Corporation, LG Chem, Shell, Synthos, Michelin, Biokemik, Borealis AG, and INEOS.

The industrial grade segment is projected to capture a dominant revenue share of 72.2% during by 2037 owing to increasing adoption of industrial grade bio-butadiene in industries seeking to reduce carbon footprints.

North America is projected to hold a dominant share of 33.8% by 2037 in the global bio-butadiene sector owing to a favorable regulatory ecosystem in the region supporting research and development.

Bio-Butadiene Market Analysis