Synthetic and Biobased Butadiene Market to Reach US$ 27,966 Mn by 2026

Synthetic and Biobased Butadiene Market – Snapshot

Synthetic butadiene and biobased butadiene, termed as 1,3-butadiene, are non-corrosive, colorless gases that condense to a liquid form at -4.5°C.

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They have a mild aromatic odor. Synthetic butadiene is produced commercially by refinement of crude butylene concentration (C4) stream, a by-product of ethylene and propylene production.

synthetic and bio based butadiene market
Based on product type, the synthetic and biobased butadiene market can be bifurcated into synthetic and biobased. Synthetic was the leading segment in 2017 due to the wide consumption of synthetic butadiene in various end-uses including production of SBR, PBR, SB latex, NBR, and ABS.

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High crude oil prices and low natural gas prices in the U.S. have compelled petrochemical companies to shift their focus from oil-based naphtha cracking to natural gas-based ethane cracking. This has adversely affected the supply of butadiene. In turn, this has stimulated interest in on-purpose butadiene production from conventional and renewable feedstock. Interest in green tires has also been rising. These tires are manufactured from synthetic rubber derived from biobased monomers such as bio-isoprene and bio-butadiene. Genomatica and Cobalt Technologies entered into an agreement to produce biobased butadiene at their commercial plants within the next five years.

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More than 75% of synthetic and biobased butadiene produced worldwide is primarily used in rubber products and the automotive industry. In rubber compound materials, synthetic and biobased butadiene are blended with natural and synthetic elastomers along with various processing oils. Then, they are heated to produce SBR, PBR, SB latex, ABS, adiponitrile, etc. Synthetic and biobased butadiene are used as rubber-reinforcing agents in the tire manufacturing industry due to their ability to provide better reinforcement and improved resilience, tear strength, conductivity, and other physical properties. PBR and SBR are employed in treads, sidewalls, and inner liners; non-tire applications such as mechanical rubber goods (MRG) including industrial rubber goods, membrane roofing, and automotive rubber parts (sealing systems, hoses, and anti-vibration parts); and general rubber goods such as hoses, belts, gaskets, and seals. SB latex is used in specialty sectors such as paints & coatings. ABS is largely employed in lightweight vehicles.

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