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.
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.
The Global Bio-Butadiene Market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Bio-Butadiene Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Genomatica
Global Bioenergies
Versalis
Braskem
Invista
LanzaTech
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Laboratory Grade
Industrial Grade
In Market segmentation by applications :
Styrene-Butadiene Rubber (SBR)
Styrene-Butadiene Latex (SBL)
Polybutadiene (PB)
Acrylonitrile-Butadiene-Styrene (ABS) Resins
Nitrile Rubber (NBR)
Styrene-Butadiene Block Copolymers (SBS and SEBS)
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bio-Butadiene Market for the forecast period 2020 - 2026?
• What are the driving forces in the Bio-Butadiene Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bio-Butadiene industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?