바이오부타디엔 시장 - 규모, 점유율, 동향 분석 보고서 : 그레이드별, 용도별, 최종 용도별, 지역별, 부문별 예측(2024-2030년)

Bio-butadiene Market Growth & Trends:

The global bio-butadiene market size is anticipated to reach USD 21,164 thousand by 2030, expanding at a CAGR of 9.75% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly attributed to inclined consumer preferences for eco-friendly products pushing companies to adopt bio-based alternatives. Bio-butadiene offers a renewable and lower carbon footprint option compared to its petroleum-derived counterpart. This shift toward sustainability presents a major opportunity for bio-butadiene in industries like tire manufacturing, plastics production, and adhesives, paving the way for a more environmentally responsible future.

High crude oil prices and low natural gas prices in the U.S. have prompted petrochemical companies to transition from oil-based naphtha cracking to ethane cracking derived from natural gas. This shift has led to a decrease in butadiene supply from traditional sources.

Moreover, there is growing interest in developing on-purpose butadiene production methods using both conventional and renewable feedstocks. Concurrently, there is significant enthusiasm for green tires, which utilize synthetic rubber made from bio-based monomers such as bio-isoprene and bio-butadiene. This sector is particularly active, with companies like Genomatica and Cobalt Technologies planning commercialization efforts within the next five years.

Companies are increasingly working on research and development of the product. For instance, the BioButterfly project by Michelin, IFPEN, and Axens utilizes bioethanol from sugar beet for bio-butadiene production. This project demonstrates the feasibility of the technology on an industrial scale. Also, companies like Braskem are exploring bio-based ABS production using bio-butadiene derived from sugarcane.

Companies such as Synthos manufactures product by utilizing renewable ethanol feedstock to produce raw butadiene through a two-step catalytic process. Subsequently, the raw butadiene undergoes further refinement to yield a high-purity butadiene product.

This price difference can make bio-butadiene a less attractive option for manufacturers, especially those focused on short-term profitability. As a result, wider adoption in the market is hindered until production costs become more competitive with traditional butadiene.

Bio-butadiene Market Report Highlights:

• Based on grade, the industrial segment was valued at USD 87.3 thousand in 2023 and is projected to reach USD 17,902.0 thousand by 2030. Industrial grade of the product finds applications in industries such as plastics, rubber, and chemical synthesis
• Based on application, styrene-butadiene rubber (SBR) market was valued at USD 32.4 thousand in 2023 and is projected to reach USD 6,907.2 thousand by 2030. It is a versatile synthetic rubber derived from the copolymerization of styrene and butadiene monomers
• Based on end use, the automotive and transportation segment accounted for the largest revenue share of 33.35% of the market in 2023 owing to the increasing consumption of the product in manufacturing tires and other rubber-based material in the automotive industry
• Europe is a prominent consumer of Bio-Butadiene in the world with a revenue share of 61.8% in 2023 owing to strong environmental regulations, like the European Union's Green Deal, push for decreased reliance on fossil fuels and promote bio-based alternatives

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1. Purchased Database
  • 1.3.2. GVR's Internal Database
  • 1.3.3. Secondary Sources & Third-Party Perspectives
  • 1.3.4. Primary Research
• 1.4. Information Analysis
  • 1.4.1. Data Analysis Models
• 1.5. Market Formulation & Data Visualization
• 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

• 2.1. Market Snapshot
• 2.2. Segment Snapshot
• 2.3. Competitive Landscape Snapshot

Chapter 3. Bio-Butadiene Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
  • 3.1.1. Butadiene Market Outlook
• 3.2. Industry Value Chain Analysis
  • 3.2.1. Raw Material Outlook
  • 3.2.2. Manufacturing and Technology trends
  • 3.2.3. Sales Channel Analysis
  • 3.2.4. List of Potential End Users
• 3.3. Price Trend Analysis, 2018-2030
• 3.4. Regulatory Framework
• 3.5. Market Dynamics
  • 3.5.1. Market Driver Analysis
  • 3.5.2. Market Restraint Analysis
  • 3.5.3. Industry Challenges
  • 3.5.4. Industry Opportunities
• 3.6. Industry Analysis Tools
  • 3.6.1. Porter's Five Forces Analysis
  • 3.6.2. Macro-environmental Analysis

Chapter 4. Bio-Butadiene Market: Grade Estimates & Trend Analysis

• 4.1. Grade Movement Analysis & Market Share, 2023 & 2030
• 4.2. Bio-Butadiene Market Estimates & Forecast, By Grade, 2018 to 2030 (Tons) (USD Thousand)
• 4.3. Industrial Grade
  • 4.3.1. Industrial Grade Bio-Butadiene Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)
• 4.4. Laboratory Grade
  • 4.4.1. Laboratory Grade Bio-Butadiene Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)

Chapter 5. Bio-Butadiene Market: Application Estimates & Trend Analysis

• 5.1. Application Movement Analysis & Market Share, 2023 & 2030
• 5.2. Bio-Butadiene Market Estimates & Forecast, By Application, 2018 to 2030 (Tons) (USD Thousand)
• 5.3. Styrene Butadiene Rubber
  • 5.3.1. Styrene Butadiene Rubber Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)
• 5.4. Styrene Butadiene Latex
  • 5.4.1. Styrene Butadiene Latex Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)
• 5.5. Polybutadiene
  • 5.5.1. Polybutadiene Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)
• 5.6. Acrylonitrile
  • 5.6.1. Acrylonitrile Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)
• 5.7. Styrene-Butadiene Block Copolymers
  • 5.7.1. Styrene Butadiene Rubber Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)
• 5.8. Nitrile Butadiene Rubber
  • 5.8.1. Nitrile Butadiene Rubber Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)
• 5.9. Other
  • 5.9.1. Other Rubber Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Thousand)

Chapter 6. Bio-Butadiene Market: End Use Estimates & Trend Analysis

• 6.1. End Use Movement Analysis & Market Share, 2023 & 2030
• 6.2. Bio-Butadiene Market Estimates & Forecast, By End Use, 2018 to 2030 (Tons) (USD Thousand)
• 6.3. Automotive & Transportation
  • 6.3.1. Bio-Butadiene Market Estimates and Forecasts, in Automotive & Transportation, 2018 - 2030 (Tons) (USD Thousand)
• 6.4. Consumer Goods
  • 6.4.1. Bio-Butadiene Market Estimates and Forecasts, in Consumer Goods, 2018 - 2030 (Tons) (USD Thousand)
• 6.5. Chemical Processing
  • 6.5.1. Bio-Butadiene Market Estimates and Forecasts, in Chemical Processing, 2018 - 2030 (Tons) (USD Thousand)
• 6.6. Building & Construction
  • 6.6.1. Bio-Butadiene Market Estimates and Forecasts, in Building & Construction, 2018 - 2030 (Tons) (USD Thousand)
• 6.7. Healthcare
  • 6.7.1. Bio-Butadiene Market Estimates and Forecasts, in Healthcare, 2018 - 2030 (Tons) (USD Thousand)
• 6.8. Textile
  • 6.8.1. Bio-Butadiene Market Estimates and Forecasts, in Textile, 2018 - 2030 (Tons) (USD Thousand)
• 6.9. Others
  • 6.9.1. Bio-Butadiene Market Estimates and Forecasts, in Other End Use, 2018 - 2030 (Tons) (USD Thousand)

Chapter 7. Bio-Butadiene Market: Regional Estimates & Trend Analysis

• 7.1. Regional Movement Analysis & Market Share, 2023 & 2030
• 7.2. North America
  • 7.2.1. North America Bio-Butadiene Estimates & Forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.2.2. U.S.
    • 7.2.2.1. Key country dynamics
    • 7.2.2.2. U.S. Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.2.3. Canada
    • 7.2.3.1. Key country dynamics
    • 7.2.3.2. Canada Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.2.4. Mexico
    • 7.2.4.1. Key country dynamics
    • 7.2.4.2. Mexico Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
• 7.3. Europe
  • 7.3.1. Europe Bio-Butadiene Estimates & Forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.3.2. Germany
    • 7.3.2.1. Key country dynamics
    • 7.3.2.2. Germany Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.3.3. UK
    • 7.3.3.1. Key country dynamics
    • 7.3.3.2. UK Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.3.4. France
    • 7.3.4.1. Key country dynamics
    • 7.3.4.2. France Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.3.5. Italy
    • 7.3.5.1. Key country dynamics
    • 7.3.5.2. Italy Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.3.6. Spain
    • 7.3.6.1. Key country dynamics
    • 7.3.6.2. Spain Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
• 7.4. Asia Pacific
  • 7.4.1. Asia Pacific Bio-Butadiene Estimates & Forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.4.2. China
    • 7.4.2.1. Key country dynamics
    • 7.4.2.2. China Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.4.3. India
    • 7.4.3.1. Key country dynamics
    • 7.4.3.2. India Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.4.4. Japan
    • 7.4.4.1. Key country dynamics
    • 7.4.4.2. Japan Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
• 7.5. Central & South America
  • 7.5.1. Central & South America Bio-Butadiene Market Estimates & Forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.5.2. Brazil
    • 7.5.2.1. Key country dynamics
    • 7.5.2.2. Brazil Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)
• 7.6. Middle East & Africa
  • 7.6.1. Middles East & Africa Bio-Butadiene Market Estimates & Forecast, 2018 - 2030 (Tons) (USD Thousand)
  • 7.6.2. Saudi Arabia
    • 7.6.2.1. Key country dynamics
    • 7.6.2.2. Saudi Arabia Bio-Butadiene Market estimates & forecast, 2018 - 2030 (Tons) (USD Thousand)

Chapter 8. Bio-Butadiene Market - Competitive Landscape

• 8.1. Recent Developments & Impact Analysis, By Key Market Participants
• 8.2. Company Categorization
• 8.3. Company Market Share/Position Analysis, 2023
• 8.4. Company Heat Map Analysis
• 8.5. Regional Market Analysis
• 8.6. Strategy Mapping
• 8.7. Company Profiles
  • 8.7.1. SABIC
    • 8.7.1.1. Participant's overview
    • 8.7.1.2. Financial performance
    • 8.7.1.3. Product benchmarking
    • 8.7.1.4. Recent developments
  • 8.7.2. Michelin
    • 8.7.2.1. Participant's overview
    • 8.7.2.2. Financial performance
    • 8.7.2.3. Product benchmarking
    • 8.7.2.4. Recent developments
  • 8.7.3. Zeon Corporation
    • 8.7.3.1. Participant's overview
    • 8.7.3.2. Financial performance
    • 8.7.3.3. Product benchmarking
    • 8.7.3.4. Recent developments
  • 8.7.4. Trinseo
    • 8.7.4.1. Participant's overview
    • 8.7.4.2. Financial performance
    • 8.7.4.3. Product benchmarking
    • 8.7.4.4. Recent developments
  • 8.7.5. Braskem
    • 8.7.5.1. Participant's overview
    • 8.7.5.2. Financial performance
    • 8.7.5.3. Product benchmarking
    • 8.7.5.4. Recent developments
  • 8.7.6. Versalis
    • 8.7.6.1. Participant's overview
    • 8.7.6.2. Financial performance
    • 8.7.6.3. Product benchmarking
    • 8.7.6.4. Recent developments
  • 8.7.7. Lummus Technology
    • 8.7.7.1. Participant's overview
    • 8.7.7.2. Financial performance
    • 8.7.7.3. Product benchmarking
    • 8.7.7.4. Recent developments
  • 8.7.8. Invista
    • 8.7.8.1. Participant's overview
    • 8.7.8.2. Financial performance
    • 8.7.8.3. Product benchmarking
    • 8.7.8.4. Recent developments
  • 8.7.9. Evonik Industries
    • 8.7.9.1. Participant's overview
    • 8.7.9.2. Financial performance
    • 8.7.9.3. Product benchmarking
    • 8.7.9.4. Recent developments
  • 8.7.10. Synthos
    • 8.7.10.1. Participant's overview
    • 8.7.10.2. Financial performance
    • 8.7.10.3. Product benchmarking
    • 8.7.10.4. Recent developments