Get the latest insights on price movement and trend analysis of 1,3-Butadiene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In the fourth quarter of 2023, the price of the 2-methyl-1,3-butadiene in the United States reached 693 USD/MT by December. Similarly, in South Korea, the 2-methyl-1,3-butadiene prices hit 900 USD/MT in the same month. Germany also saw 2-methyl-1,3-butadiene prices reaching 1379 USD/MT during Q4 2023.

The global 1, 3 butadiene market size was over USD 42.08 billion in 2024 and is projected to witness around 6.5% CAGR between 2025 and 2034, led by production and trade activity in top APAC countries and EV sales.

1,3 Butadiene (BD) Market Outlook

The global market size for 1,3 Butadiene (BD) was valued at approximately USD 19.2 billion in 2023 and is anticipated to reach around USD 25.8 billion by 2032, growing at a CAGR of 3.2% during the forecast period. This market growth is primarily driven by increasing demand in the automotive and construction industries, where BD-based products such as synthetic rubbers and plastics play a critical role. The rising need for lightweight and durable materials in various sectors is also contributing significantly to market expansion.

One of the major growth factors for the 1,3 Butadiene market is its extensive use in the automotive industry. BD is a key raw material in the production of synthetic rubbers like Styrene-Butadiene Rubber (SBR) and Polybutadiene Rubber (PBR), which are essential for manufacturing tires. As automotive production continues to surge globally, particularly in emerging markets, the demand for BD is projected to increase correspondingly. Additionally, the push for fuel efficiency has led to a higher adoption of lightweight materials, further driving the need for BD-based products.

Furthermore, the construction industry is another significant contributor to the growth of the BD market. BD-derived materials such as Acrylonitrile Butadiene Styrene (ABS) and Styrene-Butadiene Rubber (SBR) are extensively used in construction applications for their high durability and resistance to wear and tear. The increasing urbanization and infrastructure development activities, particularly in developing countries, are propelling the demand for these materials, thereby boosting the BD market.

The consumer goods sector also represents a notable growth avenue for the BD market. BD-based polymers are widely used in manufacturing various consumer products, including footwear, sporting goods, and household appliances, due to their excellent mechanical properties and versatility. The rising disposable income and changing lifestyles, especially in emerging economies, are driving the consumption of these goods, thereby fueling the demand for BD.

Regarding regional outlook, the Asia Pacific region dominates the global 1,3 Butadiene market, holding the largest share. This is attributed to the rapid industrialization, burgeoning automotive industry, and significant investments in infrastructure development in countries like China, India, and Japan. North America and Europe also represent substantial markets for BD, driven by their well-established automotive and construction industries. Meanwhile, Latin America and the Middle East & Africa are expected to witness moderate growth, supported by industrial expansion and increasing urbanization.

Product Type Analysis

The 1,3 Butadiene market is segmented by product type into Polybutadiene Rubber, Styrene-Butadiene Rubber, Acrylonitrile Butadiene Styrene, Nitrile Butadiene Rubber, and Others. Polybutadiene Rubber (PBR) holds a significant share in this segment due to its extensive use in the automotive industry, particularly in tire manufacturing. PBR is valued for its excellent wear resistance and high resilience, making it a preferred material for producing durable and high-performance tires. The growing automotive production globally is driving the demand for PBR, thereby contributing to the overall growth of the BD market.

Styrene-Butadiene Rubber (SBR) is another crucial product type in the BD market. SBR is widely used not only in tire manufacturing but also in producing various rubber products such as conveyor belts, gaskets, and footwear. Its excellent abrasion resistance and aging stability make it a versatile material in numerous applications. The increasing demand from both automotive and industrial sectors is propelling the growth of the SBR segment, further boosting the BD market.

Acrylonitrile Butadiene Styrene (ABS) also constitutes a significant portion of the BD market. ABS is renowned for its high impact resistance, toughness, and ease of processing, making it ideal for various applications, including automotive parts, consumer electronics, and children’s toys. The growing consumer electronics market, coupled with rising demand for high-performance materials in automotive applications, is driving the growth of the ABS segment.

Nitrile Butadiene Rubber (NBR) is predominantly used in the production of oil-resistant products like hoses, seals, and gaskets. Its excellent oil resistance and durability make it indispensable in the automotive and oil & gas industries. The steady growth in the

Explore the factors influencing 1,3-butadiene pricing, a key raw material in synthetic rubber and plastic production. Understand how crude oil prices, supply-demand dynamics, production costs, and geopolitical events shape market fluctuations. Stay informed on the complex interplay driving price trends in this essential industry.

Why did the Butadiene Price Change in July 2025? The butadiene spot price in the US dropped to USD 865/tonne in early Q2, reflecting a declining price index since May. Price index decreased in July 2025, largely due to ongoing weakness in demand for synthetic rubbers such as NBR and SBR.

The Global 1,3 Butadiene Market size is projected to reach over USD 53,412.15 mn by 2032 from a value of USD 34,804.91 mn in 2024 and is expected to reach USD 36,099.02 mn in 2025, exhibiting a CAGR of of 5.5% from 2025 to 2032.

1,3 Butadiene (BD) Market Outlook

The global 1,3 Butadiene (BD) market is currently experiencing a robust growth trajectory with a market size of approximately USD 12 billion in 2023 and is projected to reach around USD 17.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.3%. This growth is largely driven by the increasing demand across various industrial applications, primarily in the automotive and tire manufacturing sectors. The versatility of BD as a chemical intermediate is a significant growth factor, facilitating its widespread adoption in producing synthetic rubbers and resins, which are essential components in multiple end-user industries.

One of the primary growth factors for the 1,3 Butadiene market is its critical role in the production of synthetic rubber. With the automotive industry's ongoing expansion, the demand for high-performance tires has surged, directly boosting the need for BD-derived products like styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR). The trend towards lightweight and fuel-efficient vehicles further accentuates this demand, as manufacturers seek materials that can reduce weight without compromising safety or performance. Additionally, BDÂ’s application in producing acrylonitrile butadiene styrene (ABS), a thermoplastic polymer with high impact resistance, is seeing increased utilization in automotive parts, thereby enhancing market growth.

In addition to automotive, the construction industry is another significant driver of the BD market. The use of BD derivatives in the production of adhesives, sealants, and coatings is crucial in modern construction practices. As infrastructure development continues to accelerate globally, the demand for durable and flexible construction materials is increasing, thus driving the demand for BD. These materials provide essential properties such as weather resistance and durability, which are vital for building long-lasting structures. Furthermore, the urbanization trend, especially in emerging economies, is expected to continue supporting the growth of the 1,3 Butadiene market over the forecast period.

Consumer goods also contribute to the growing demand for BD. Products such as footwear, athletic equipment, and various household items are increasingly being manufactured using BD-derived materials due to their resilience and cost-effectiveness. Moreover, the healthcare industryÂ’s reliance on BD for medical supplies like gloves and tubing is expanding, driven by increasing hygiene standards and the need for disposable medical equipment. These varied applications across different sectors underline the compound's versatility and indispensable role in modern manufacturing processes, further bolstering market expansion.

Synthetic Butadiene plays a pivotal role in the expansive landscape of the 1,3 Butadiene market. As a key feedstock, it is instrumental in the production of various synthetic rubbers and plastics, which are essential in numerous industrial applications. The versatility of Synthetic Butadiene allows it to be utilized in the creation of high-performance materials that meet the rigorous demands of modern manufacturing. Its application spans across the automotive, construction, and consumer goods sectors, where the need for durable and resilient materials is ever-increasing. The ongoing advancements in synthetic butadiene production techniques are also contributing to more sustainable and efficient manufacturing processes, aligning with global environmental standards and regulations.

Regionally, the Asia Pacific market is poised to dominate the global 1,3 Butadiene market, driven by rapid industrialization and a booming automotive sector in countries like China and India. This region accounted for approximately 40% of the global market in 2023 and is expected to maintain its lead, with its market share projected to grow further by 2032. North America and Europe are also significant markets, with steady growth driven by technological advancements and the development of bio-based BD. These regions are focusing on sustainable production methods, aligning with stringent environmental regulations. Meanwhile, Latin America and the Middle East & Africa are witnessing moderate growth enabled by increasing industrial activities and potential untapped markets.

Product Type Analysis

The 1,3 Butadiene market is segmented by product type, with major categories including Polybutadiene Rubber, Styrene Butadiene Rubber, Acry

The global 1,3-Butadiene (BD) market is experiencing robust growth, driven by increasing demand from key downstream applications like synthetic rubber (SBR, NBR, Butadiene Rubber) and plastics (ABS). While precise market size figures for 2025 are unavailable, we can reasonably estimate the market value based on readily available information. Assuming a historical market size (2019-2024) showing consistent growth leading to a projected size of $X Billion (USD) in 2025, and applying a hypothetical CAGR (Compound Annual Growth Rate) of 5% (a common rate for this industry sector, adjustments may be needed depending on specific industry data), the market is expected to reach a significant value by 2033. This growth is fueled by several factors, including expanding automotive and construction industries which heavily utilize BD-derived materials, increasing global infrastructure development, and the growing adoption of sustainable manufacturing practices in certain application segments. The various production methods – DMF, ACN, and NMP – each contribute to the overall market, with differences in cost-effectiveness and environmental impact influencing their respective market shares. Regional growth varies, with Asia-Pacific (particularly China and India) expected to dominate due to their burgeoning industrial sectors and expanding manufacturing capabilities. However, North America and Europe will remain substantial markets due to established chemical production infrastructure and strong demand from existing industries. Despite the positive outlook, challenges remain. Fluctuations in crude oil prices, a key raw material, directly affect BD production costs and profitability. Furthermore, environmental regulations regarding volatile organic compound emissions and waste management in BD manufacturing processes pose potential restraints. The competitive landscape is characterized by major players like ExxonMobil, SABIC, and others, with ongoing investments in capacity expansions and technological advancements to enhance efficiency and maintain market share. The segmentation analysis by production method and application provides a granular view into the market dynamics, allowing for targeted strategies by both producers and consumers of 1,3-Butadiene. Understanding the nuances of each segment is crucial for navigating the complexities of this dynamic market and capitalizing on emerging opportunities.

The global 1,3 Butadiene (BD) market was valued at USD 2.47 billion in 2021 and is expected to grow at a CAGR of 5.6% during the forecast period.

The global 1,3-butadiene (BD) market is expected to reach a value of $17.5 billion by 2033, expanding at a CAGR of 4.2% from 2025 to 2033. The increasing demand for butadiene rubber, ABS, SBR, and other derivatives in the automotive and construction industries is driving market growth. The expanding chemical industry in emerging economies, particularly in Asia Pacific, is further fueling demand. Key trends impacting the market include the shift towards bio-based butadiene production to meet sustainability goals, technological advancements in butadiene extraction and purification, and the growing popularity of lightweight and durable materials in various end-use industries. However, fluctuating feedstock prices and environmental regulations pose challenges to the industry. The market is dominated by major players such as ExxonMobil Chemical, SABIC, ENI, Chevron Phillips Chemical, and INEOS, who hold significant market share and invest in research and development to enhance production efficiency and product quality. Regional markets in Asia Pacific and North America are expected to witness substantial growth due to increasing industrialization and demand for downstream products.

The 1,3-butadiene market is projected to reach a value of USD 36.13 billion by 2033, exhibiting a CAGR of 2.61% during the forecast period (2025-2033). The key drivers of market growth include the increasing demand for synthetic rubber in the automotive industry, the growing construction sector, and the rising use of 1,3-butadiene as a chemical intermediate in the production of plastics and other chemicals. However, the market faces challenges from fluctuating raw material prices and environmental regulations. The Asia Pacific region is expected to remain the largest market for 1,3-butadiene, driven by the high demand from the automotive and construction industries in the region. North America and Europe are also significant markets for 1,3-butadiene, with the automotive and chemical industries being the major end-users. Key players in the 1,3-butadiene market include Braskem, LyondellBasell, Repsol, BASF, and Shell. These companies are investing in research and development to improve production processes and meet the growing demand for 1,3-butadiene. The global 1.3 butadiene market is projected to reach USD 36.5 billion by 2032, exhibiting a CAGR of 2.61% during the forecast period (2024-2032). Recent developments include: The 1,3-butadiene market is projected to reach USD 36.5 billion by 2032, exhibiting a CAGR of 2.61% during the forecast period (2024-2032). Rising demand for synthetic rubber in the automotive industry and increasing use of 1,3-butadiene in the production of plastics and chemicals are key factors driving market growth. Recent developments include collaborations between companies to expand production capacity and advancements in technologies for more sustainable production of 1,3-butadiene. Furthermore, ongoing research on bio-based 1,3-butadiene is expected to create new opportunities in the future.. Key drivers for this market are: Growing demand from tire manufacturers Rising consumption in automotive and construction industries Expanding applications in rubber and plastics industries Increasing use in specialty polymers Emerging opportunities in renewable energy and biochemicals. Potential restraints include: Rising demand Increasing production capacity Fluctuating raw material costs Growing environmental concerns Technological advancements..

According to Cognitive Market Research, the global 1 3 Butadiene Market size will be USD 32514.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 7803.48 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 9429.21 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 12030.37 million in 2025 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 1235.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2033.
The Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 1300.58 million in 2025. It will grow at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033.
Africa had a market share of around 2.2% of the global revenue and was estimated at a market size of USD 715.32 million in 2025. It will grow at a compound annual growth rate (CAGR) of 7.7% from 2025 to 2033.
Extractive distillation is the fastest growing segment of the 1 3 Butadiene Market industry

Market Dynamics of 1 3 Butadiene Market

Key Drivers for 1 3 Butadiene Market

Rising Demand from the Synthetic Rubber Industry Is Expected To Boost Market Growth

Synthetic rubber is indispensable in manufacturing tyres, automotive components, footwear, and various industrial products. With the global automotive industry growing steadily, especially in emerging economies, the demand for tyres and other rubber products is escalating, directly boosting the need for 1,3-butadiene. Moreover, synthetic rubber's superior durability and performance compared to natural rubber make it highly preferred in industrial applications, further stimulating the demand. The rise of electric vehicles (EVs) and increased mobility worldwide continue to fuel tyre production, reinforcing 1,3-butadiene consumption. Additionally, growth in industries like footwear, adhesives, and sealants contributes to steady demand. In January 2024, Evonik announced the expansion of its capacities for hydroxyl-terminated polybutadienes (HTPB) in Central and South America. This expansion aims to meet the growing demand for these specialized polybutadiene products, which are crucial in aerospace, defence, and electronics for applications like solid rocket fuels and adhesives. The increased capacity is part of Evonik's strategic effort to strengthen its market position and support customers in the region with reliable supply ?.

https://central-south-america.evonik.com/en/evonik-to-increase-production-capacities-for-hydroxyl-terminated-polybutadienes-232529.html”/

Expansion of Petrochemical and Chemical Processing Capacities To Boost Market Growth

The expansion of petrochemical and chemical processing infrastructure worldwide significantly drives the 1,3-butadiene market. As a byproduct of steam cracking of hydrocarbons, primarily from ethylene and gasoline production, the availability of feedstock directly impacts the 1,3-butadiene supply. Growing investments in refinery upgrades and new petrochemical complexes, particularly in Asia Pacific and the Middle East, increase production capacities for olefins, including 1,3-butadiene. This infrastructure growth is fueled by rising energy demand and industrialization in emerging markets. Technological advancements in extraction and purification processes enhance 1,3-butadiene yield, improving cost efficiency and market availability. Furthermore, governments' focus on strengthening local petrochemical value chains and reducing import dependency stimulates new plant setups and expansions. These developments lead to a more robust supply chain and availability, supporting downstream industries and pushing the 1,3-butadiene market forward.

Restraint Factor for the 1 3 Butadiene Market

Volatility in Raw Material Prices Will Limit Market Growth

One of the major restraining factors for the 1,3-butadiene market is the high volatility in raw material prices, especially crude oil and natural gas liquids. Since 1,3-butadiene is primarily derive...

The size of the 1,3 Butadiene Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.6 % during the forecast period. The nonwoven fabrics market has experienced significant growth in recent years, driven by their diverse applications across industries such as healthcare, automotive, construction, and personal care. These fabrics are engineered from fibers bonded through chemical, mechanical, or thermal processes, offering advantages like durability, lightweight properties, and cost-effectiveness. Their increasing use in hygiene products, such as diapers and sanitary napkins, has been a key growth driver, supported by rising population and awareness of personal hygiene. In the healthcare sector, nonwoven fabrics are vital for manufacturing masks, gowns, and surgical drapes, especially during health crises like the COVID-19 pandemic. Additionally, the automotive industry leverages these materials for soundproofing and insulation, while the construction sector uses them for roofing and geotextiles. Sustainability has become a pivotal factor, with manufacturers focusing on eco-friendly, biodegradable, and recyclable nonwoven products to address environmental concerns. Asia-Pacific dominates the market due to robust manufacturing, urbanization, and high demand in emerging economies, while North America and Europe exhibit steady growth driven by technological advancements and regulatory standards. Recent developments include: In January 2024, Evonik announced the expansion of its capacities for hydroxyl-terminated polybutadienes (HTPB) in Central and South America. This expansion aims to meet the growing demand for these specialized polybutadiene products, crucial in aerospace, defense, and electronics for applications like solid rocket fuels and adhesives. The increased capacity is part of Evonik's strategic effort to strengthen its market position and support customers in the region with reliable supply. . Key drivers for this market are: Increasing urbanization and industrialization Growing disposable income and consumer spending Expanding automotive sector Technological advancements. Potential restraints include: Volatility in raw material prices Environmental regulations and concerns Competition from alternative elastomeric materials. Notable trends are: Growing demand for high-performance plastics and elastomers Advancements in sustainable production technologies Expansion of applications in the automotive and packaging industries.

Styrene, 1,3-Butadiene Polymer Market Outlook

The global Styrene, 1,3-Butadiene Polymer market size was valued at approximately USD 7.5 billion in 2023, and it is projected to reach USD 12.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period. This market growth is significantly driven by the increasing demand in the automotive and packaging industries, which require high-performance materials with excellent durability and flexibility. The versatility of styrene, 1,3-butadiene polymers, which allows them to be tailored for various applications, is a crucial factor contributing to the market's expansion. Additionally, advancements in polymer technology have led to the development of more efficient and environmentally friendly products that meet modern sustainability requirements.

A major growth factor in the Styrene, 1,3-Butadiene Polymer market is the booming automotive industry, particularly in emerging economies. These polymers are extensively used in the manufacturing of tires, where their elasticity and strength are crucial. The push towards electric vehicles has also opened new avenues for these polymers in the production of lightweight components, enhancing fuel efficiency and performance. The shift towards sustainable products has further driven the innovation within the polymer industry, leading to the development of eco-friendlier alternatives that appeal to environmentally conscious consumers and manufacturers. The continuous evolution of automotive design is likely to maintain the demand trajectory for styrene, 1,3-butadiene polymers over the forecast period.

The packaging industry is another significant contributor to the market's growth. With the rise of e-commerce and changing consumer preferences, there is an increasing need for flexible, durable, and sustainable packaging solutions. Styrene, 1,3-butadiene polymers provide the necessary properties to meet these demands, offering solutions that are not only reliable but also cost-effective. The trend towards sustainable packaging is particularly prevalent in developed regions where consumers and regulatory bodies are pushing for reductions in plastic waste. This ongoing shift presents a substantial opportunity for market players to innovate and capture market share by developing biopolymers and recyclable materials that align with these environmental trends.

The construction industry is also embracing these polymers due to their excellent performance characteristics, such as impact resistance and durability. In regions where infrastructure development is a priority, such as Asia Pacific and the Middle East, there is an increasing demand for high-performance materials that can withstand harsh environmental conditions. The adaptability of styrene, 1,3-butadiene polymers to different climates and their capability to be used in a variety of construction applications, from sealants to insulation, makes them an attractive choice for builders and contractors aiming to enhance building performance and longevity.

Regionally, Asia Pacific dominates the Styrene, 1,3-Butadiene Polymer market, accounting for the largest share due to its rapidly expanding automotive and construction sectors. The region's growing middle class and urbanization trends are key drivers of this growth, leading to increased consumption of consumer goods and infrastructural developments. Moreover, the presence of major manufacturing hubs in countries such as China and India supports the high demand for these polymers. North America and Europe are also significant markets, with a strong emphasis on innovation and the development of sustainable materials driving demand. These regions are characterized by stringent environmental regulations, which push manufacturers to innovate and develop high-performance, eco-friendly products.

Polymerized Styrene Butadiene Rubber (SBR) is a key variant within the styrene, 1,3-butadiene polymer family, known for its enhanced properties that make it suitable for a wide range of applications. This type of rubber is particularly valued in the tire manufacturing industry due to its superior abrasion resistance and aging stability, which contribute to longer-lasting and more durable tires. The ability to polymerize styrene and butadiene in various ratios allows manufacturers to tailor the properties of SBR to meet specific performance requirements, making it a versatile choice for both automotive and industrial applications. Additionally, the ongoing research and development in polymerization techniq

The global Butadiene market has reached approximately 12.6 million tonnes in 2024 and is expected to grow at a CAGR of 5.24% during the forecast period until 2035.

Check out Market Research Intellect's Styrene 13-Butadiene Polymer Sales Market Report, valued at USD 12.5 billion in 2024, with a projected growth to USD 20.8 billion by 2033 at a CAGR of 7.5% (2026-2033).

The styrene-butadiene polymer (SBR) market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $15 billion, reflecting a Compound Annual Growth Rate (CAGR) of 5% observed between 2019 and 2024. This growth is propelled by several key factors. The burgeoning tire industry is a major contributor, with SBR being a crucial component in tire production due to its excellent properties like abrasion resistance and flexibility. Growth in the automotive sector, coupled with rising infrastructure development globally, further fuels this demand. Furthermore, the increasing use of SBR in applications such as adhesives, coatings, and footwear reinforces its market position. Segment-wise, the high-purity SBR (98% and 99%) segments are projected to witness higher growth rates compared to lower purity grades, reflecting the rising demand for high-performance materials in specialized applications. While fluctuating raw material prices pose a potential restraint, technological advancements focused on improving efficiency and sustainability in SBR production are expected to mitigate this challenge. The Asia-Pacific region, particularly China and India, are anticipated to dominate the market due to their expanding manufacturing bases and robust construction sectors. The competitive landscape of the SBR market is characterized by a blend of large multinational corporations and regional players. Major companies like DSM, Lanxess, and others are leveraging their established distribution networks and R&D capabilities to maintain market leadership. However, smaller players are also contributing significantly by focusing on niche applications and providing customized solutions. Looking ahead, strategic partnerships, mergers, and acquisitions are expected to reshape the market dynamics. Furthermore, the increasing focus on sustainability and the development of bio-based SBR alternatives are poised to influence the market's trajectory in the long term. The forecast period (2025-2033) projects continued growth, with a projected market value exceeding $25 billion by 2033, driven by the sustained growth in end-use sectors and ongoing technological advancements within the industry.

The size of the Bio-butadiene Market was valued at USD 12,111 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 9.75 % during the forecast period. The bio-butadiene market is growing because of increased demand for sustainable, renewable, and eco-friendly alternatives to traditional petroleum-based butadiene, which is the main raw material used in the production of synthetic rubber, plastics, and chemicals. Bio-butadiene, derived from renewable feedstocks such as biomass and plant-based feedstocks, is an environmentally friendly option that is in line with global efforts to reduce carbon emissions and dependence on fossil fuels. The growing emphasis on sustainability within the chemical and automotive industries is one of the major drivers of the bio-butadiene market. Bio-butadiene is a critical feedstock for the production of synthetic rubber used in tire manufacturing, as well as in the production of polymers and plastics. The growing concerns over the environmental impact of petroleum-based chemicals have made bio-butadiene a renewable and lower-carbon alternative. This is particularly relevant to the automobile sector, which sees increasing demand for environmentally friendly tires and other materials in keeping with a larger shift towards sustainability. Moreover, regulations and tax incentives offered by governments are encouraging the adoption of renewable chemicals and cutting greenhouse gases, furthering the market. Companies are also investing in the latest production technologies, like bio-based catalysts and fermentation processes, to reduce the cost-effectiveness and scalability of bio-butadiene production. Recent developments include: In January 2024, Michelin, IFPEN (French Institute of Petroleum and New Energies), and Axens jointly launched France's inaugural industrial-scale demonstrator plant for producing butadiene from bioethanol.
, In March 2022, SABIC partnered with Kraton to develop certified renewable styrenic block copolymers using SABIC’s certified renewable butadiene. This bio-based butadiene is sourced from 'second generation' renewable feedstocks like tall oil, a by-product from the wood pulping process in the paper industry. Notably, the feedstock used is animal-free and palm oil-free, aligning with sustainable sourcing practices. , In April 2021, Trinseo and ETB signed a letter of intent to collaborate on the development of purified bio-based 1,3-butadiene. The two companies combined their respective technology and process expertise to accelerate the development of viable, renewably sourced material solutions. .

Global Styrene, 1,3-Butadiene Polymer market size 2025 was XX Million. Styrene, 1,3-Butadiene Polymer Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.