Press release
Bio Butadiene Market to Witness Robust Expansion Throughout 2017 - 2025
In early times, butadiene was derived from various petroleum feedstocks available in the market. Nowadays, in order to reduce dependency on these feedstocks, butadiene is derived from bio-based material sources, including non-food biomass. Continuous tightening of naptha based butadiene supply, consumption growth of polymers and tyres in developing economies, and volatility of natural rubber will continue to drive the market for bio-butadiene. Butadiene is the primary petrochemical used as a monomer in the production of various industrial chemicals, including resins, rubber, plastics, etc. Bio-butadiene is one of the raw material sources in the manufacturing of butadiene. Bio-butadiene is utilized in the manufacturing of rubbers and plastics, which find their applications in adhesives & sealants, paints & coatings, electrical appliances, textiles, building, and construction and packaging, among others.
Chemical producing companies are not the only players in the bio-butadiene market, tyre manufacturers are also investing in the market owing to the limited availability of feedstocks. The scarcity of butadiene in the manufacturing of synthetic rubber has acted as an encouragement for synthetic rubber and tyre producers to explore various alternative methods of rubber production. Approximately, around 2/3rd of the bio-butadiene produced around the globe is utilized in the manufacturing of synthetic rubber.
Request Report For TOC @ https://www.persistencemarketresearch.com/toc/15055
Growth of the bio-butadiene market is primarily based on the rising demand due to derivative expansion and quick economic growth, especially in Asia.
Global Bio-Butadiene Market: Dynamics
Rising crude oil prices and low natural gas prices have shifted the attention of petrochemical companies from oil based cracking to ethane cracking, and hence resulted in the reduction of butadiene supply. This has impelled the interest in butadiene production from conventional and renewable feedstocks. Moreover, there is an increasing demand for green tyres that are manufactured from synthetic rubber, which is generally derived from bio-butadiene. Growth of the bio-butadiene market is likely to be driven by automotive and tyre end-use industries, as a large amount of bio-butadiene is consumed in the production of coatings and synthetic rubbers that are used in the manufacturing of tyres and other automotive accessories.
On the other hand, factors such as utilization of natural rubber substitutes (rice husk or guayle) and manufacturing of new versions of rubber from bio-isoprene are limiting market growth. Moreover, strict government regulations are also expected to hamper the demand for bio-butadiene and thus, in turn restraining growth of the global bio-butadiene market.
Rising technological innovations to assist the production of bio-butadiene are expected to create opportunities in the market. The key trend identified in the global bio-butadiene market is the collaboration of tyre manufacturing companies with bio-based derivative manufacturers to convert biomass into bio-butadiene. Collectively, these factors are estimated to spur growth in the global bio-butadiene market.
Request To Sample Of Report @ https://www.persistencemarketresearch.com/samples/15055
Global Bio-Butadiene Market: Regional Outlook
On the basis of regions, Asia-Pacific excluding Japan (APEJ) is dominating the bio-based butadiene market. The bio-butadiene market is expected to register significant growth in China and India during the forecast period, which can be attributed to growing population, easy availability of raw material sources, suitable climatic conditions, and regional government support. APEJ and Middle East & Africa (MEA) are expected to depict favourable growth in the bio-butadiene market. Europe, North America and Latin America are likely to show stable growth by the end of the forecast period.
Global Bio-Butadiene Market: Market Participants
Examples of some of the market participants in the bio-butadiene market identified across the value chain include Genomatica Inc., Global Bioenergies S.A., Versalis S.p.A., Braskem, Invista, LanzaTech, etc.
Key players in the market are focussing on strategic partnerships and collaborations with rubber manufacturers in order to develop new processes for the conversion of renewable sources into butadiene.
Pre Book Full Report @ https://www.persistencemarketresearch.com/checkout/15055
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA,Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bio Butadiene Market to Witness Robust Expansion Throughout 2017 - 2025 here
News-ID: 893352 • Views: …
More Releases from Persistence Market Research
Boat Control Lever Market to Reach US$17.03 Bn by 2031, Expanding at 3.8% CAGR | …
The global boat control lever market is witnessing steady growth, driven by advancements in marine technology, increasing recreational boating activities, and rising demand for enhanced safety and operational efficiency in watercraft. According to Persistence Market Research, the market is valued at US$13.12 Bn in 2024 and is projected to expand at a CAGR of 3.8%, reaching US$17.03 Bn by 2031. This expansion reflects both rising consumer interest in marine leisure…
Hydrogen Truck Market to Reach US$ 25.8 Bn by 2032, Growing at 29.5% CAGR | Pers …
The global hydrogen truck market is witnessing a significant shift as governments and industries focus on decarbonizing heavy transport. According to Persistence Market Research, the market is projected to grow from US$ 4.2 Bn in 2025 to US$ 25.8 Bn by 2032, reflecting a robust CAGR of 29.5% during the forecast period. This growth is driven by advancements in hydrogen fuel cell technology, rising adoption of zero-emission transport, and increasing…
Automotive HMI Market Forecast to Double by 2032, Hitting USD 56.1 Billion with …
The global automotive human machine interface (HMI) market is experiencing rapid transformation, shaped by rising digitalization and connected mobility. According to Persistence Market Research, the industry is projected to expand significantly from US$ 28.20 Bn in 2025 to US$ 56.10 Bn by 2032, registering a robust CAGR of 10.3% during the forecast period. HMIs are increasingly becoming the centerpiece of modern vehicles, providing intuitive control panels, voice recognition, and touchscreens…
Fast-Food Reusable Packaging Market to Surpass US$33.96 Bn by 2030 on Back of Ci …
➤Overview of the Market
According to the latest study by Persistence Market Research, the global fast-food reusable packaging market is projected to expand from US$17.21 Bn in 2023 to US$33.96 Bn by 2030, registering a CAGR of 10.2% during the forecast period. Growing sustainability mandates, consumer preference for eco-friendly dining, and regulatory pressures to reduce single-use plastics are transforming packaging strategies across quick-service restaurants worldwide.
The fast-food industry, traditionally reliant on single-use…
More Releases for Butadiene
Key Influencer in the Butadiene Market 2025: Butadiene Market Growth In Tandem W …
What combination of drivers is leading to accelerated growth in the butadiene market?
As the automotive industry grows, it is predicted to catalyze the butadiene market's expansion. The industry includes the design, production, sale, and service of automobiles. Materials crafted from butadiene have qualities of high endurance, adaptability, and resistance to thermal, chemical, and mechanical stress, making them apt for various automotive applications like seals, gaskets, hoses, belts, and components found…
Butadiene Market Size, Share | Forecast 2032
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: Butadiene Market size was valued at USD 10.7 Billion in 2021 and is projected to reach USD 51.8 Billion by 2030, growing at a CAGR of 19.15 % from 2023 to 2030.
Market Overview for Butadiene Market
Butadiene Market OverviewThe global butadiene market is poised for significant growth driven by expanding applications across various industries. Butadiene, a crucial chemical used primarily in the production of synthetic rubber, is witnessing…
Bio-Butadiene Market 2022 | Detailed Report
The Bio-Butadiene report understands the current and future competitive scenario across types, countries, and applications.It provides accurate, up-to-date analysis of markets and companies.The report use reliable information and analysis to gain a deeper understanding of the current factors impacting the industry.
The Bio-Butadiene report provides exact and accurate data that helps companies of all sizes to make timely decisions. Furthermore, the report provides robust solutions to customers, assisting them to address…
Global Butadiene Market Overview
Global butadiene demand was estimated to be around 12296 kilo tons in 2018. The global butadiene market has grown at an average of 3.2% from 2014 to 2018 mainly due to strong demand from butadiene derivatives like Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Acrylonitrile Butadiene Styrene (ABS) and others in the Asia-Pacific region. The global butadiene market was impacted by the economic meltdown in 2008-2009. The demand declined during…
Butadiene and its Derivatives Market Report 2018: Segmentation by Type (Styrene …
Global Butadiene and its Derivatives market research report provides company profile for LyondellBasell Industries, Royal Dutch Shell, Braskem, CNOOC Limited, China National Petroleum Corporation (CNPC), BASF, Sinopec Group, Dow Chemical, ExxonMobil and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Butadiene Market Report 2018: Segmentation by Product (Oxidative dehydrogenation …
Global Butadiene market research report provides company profile for FPCC, BASF, ExxonMobil, JSR Corp, Lotte, LyondellBasell, Ineos O&P, Sinopec, TPC Group, Braskem, Shell Chemical, CNPC and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.…
