+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Synthetic & Bio-based Butadiene - Global Market Trajectory & Analytics

  • ID: 5141024
  • Report
  • April 2021
  • Region: Global
  • 285 Pages
  • Global Industry Analysts, Inc
Global Synthetic and Bio-based Butadiene Market to Reach $23.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Synthetic and Bio-based Butadiene estimated at US$18.4 Billion in the year 2020, is projected to reach a revised size of US$23.3 Billion by 2027, growing at a CAGR of 3.5% over the period 2020-2027. Synthetic, one of the segments analyzed in the report, is projected to record 2.6% CAGR and reach US$19.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bio-based segment is readjusted to a revised 10.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $5 Billion, While China is Forecast to Grow at 6.4% CAGR

The Synthetic and Bio-based Butadiene market in the U.S. is estimated at US$5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Select Competitors (Total 42 Featured):
  • BASF SE
  • DowDupont Inc.
  • Eni SpA
  • Evonik Industries AG
  • Exxon Mobil Corporation
  • INEOS Group
  • LyondellBasell Industries NV
  • Nizhnekamskneftekhim
  • Repsol SA
  • Royal Dutch Shell PLC
  • SABIC (Saudi Basic Industries Corporation)
  • TPC Group
  • Yeochun NCC Co., Ltd.
Frequently Asked Questions about the Global Market for Synthetic and Bio-based Butadiene

What is the estimated value of the Global Market for Synthetic and Bio-based Butadiene?

The Global Market for Synthetic and Bio-based Butadiene was estimated to be valued at $18.4 Billion in 2020.

What is the growth rate of the Global Market for Synthetic and Bio-based Butadiene?

The growth rate of the Global Market for Synthetic and Bio-based Butadiene is 3.4%, with an estimated value of $23.3 Billion by 2027.

What is the forecasted size of the Global Market for Synthetic and Bio-based Butadiene?

The Global Market for Synthetic and Bio-based Butadiene is estimated to be worth $23.3 Billion by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown