Bio-Butadiene Market Size

  • Report ID: 6635
  • Published Date: Nov 04, 2024
  • Report Format: PDF, PPT

Bio-Butadiene Market Size

Bio-Butadiene Market size was registered a profitable valuation of USD 55.5 million in 2024 and is projected to register USD 208.3 million by 2037 expanding at a CAGR of 10.7% during the forecast period, i.e., 2025-2037. In 2025, the industry size of bio-butadiene is evaluated at USD 61.5 million.

The market’s growth is driven by rising demands for sustainable materials in industries such as chemical and automotive. Bio-butadiene is used in polymerization to form larger polymer chains such as styrene-butadiene rubber (SBR), polybutadiene rubber (PBR), and acrylonitrile butadiene styrene (ABS) and is preferred because it is derived from renewable sources such as agricultural waste or biomass. With growing investments to make manufacturing supply lines sustainable, the application of bio-butadiene is poised to increase.

The market benefits from a global shift in consumer preferences for eco-friendly products and growing demands on businesses to invest in sustainable supply chains. Strict enforcement of stringent environmental regulations benefits the global bio-butadiene sector as the adoption rate increases since bio-butadiene is a greener alternative to petrochemical-based butadiene. Major market players are investing in bio-based chemicals to reduce carbon emissions and promote circular economy initiatives by various governments. For instance, in February 2022, Synthos announced a major milestone in the development of bio-butadiene technology to produce sustainable rubber and committed to building a plant with a capacity of 40,000 metric tons of bio-butadiene annually. As the demand for green tires picks steam globally, the bio-butadiene sector is positioned to benefit and increase its revenue share.

Major players in the global bio-butadiene sectors can find opportunities in regions with favorable regulatory ecosystems supporting bioplastic adoption. Advancements in fermentation processes and biotechnologies provide opportunities for scalable and cost-effective bio-butadiene production. For instance, in April 2021, the French Institute of Petroleum published a study that explored alternative solutions to butadiene produced in steam cracker units by using the Ostromislensky process of a sequence of two catalytic reaching taking place in a dedicated reactor, and the study is targeted to optimize production of bio-butadiene. Additionally, industries such as packaging, adhesives, textiles, etc., are expanding bio-based product portfolios that fuel the growth of the bio-butadiene market. The global bio-butadiene industry is positioned to leverage favorable trends and maintain a robust growth curve by the end of the forecast period.


Bio-Butadiene Market Overview
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Author Credits:  Radhika Pawar


  • Report ID: 6635
  • Published Date: Nov 04, 2024
  • Report Format: PDF, PPT

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.
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