Press Release

Global Butadiene Market To Be Dominated By Utilization Of Butadiene In Healthcare Industry Through 2028.

Growing demand of butadiene in chemical industry are the major drivers for the Global Butadiene Market.

According to TechSci Research report, “Butadiene Market –Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, the Global Butadiene Market is anticipated to register a high CAGR during the forecast period. This can be ascribed to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market.

With the ongoing evolution of healthcare driven by technological advancements, the utilization of butadiene proves to be a significant force shaping the future of the global butadiene market. Butadiene-based synthetic rubber has played a crucial role in the production of medical gloves, offering a cost-effective and high-performance alternative to natural rubber latex. These gloves find widespread application in healthcare settings, effectively preventing the transmission of infections and providing a protective barrier between medical professionals and patients. The exceptional flexibility and durability of butadiene-derived materials make them highly suitable for the production of catheters and tubing used in medical procedures, ensuring patient comfort while maintaining structural integrity. Moreover, butadiene-based rubber materials are extensively used to create airtight seals for pharmaceutical containers, guaranteeing medication preservation and minimizing the risk of contamination.

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As the healthcare sector actively explores sustainable alternatives, the use of butadiene-based materials offers potential reductions in the demand for petroleum-derived products, contributing to a greener future. Additionally, butadiene-based polymers play a pivotal role in the development of contrast agents used in medical imaging techniques such as magnetic resonance imaging (MRI) and computed tomography (CT) scans.

These agents enhance the visibility of internal structures, facilitating accurate diagnoses. Butadiene is primarily derived from crude oil and natural gas, although it can also be obtained from biomass sources. This compound serves as a crucial feedstock in the production of synthetic rubber, which finds extensive applications in various industries. The main utilization of butadiene lies in the production of synthetic rubber, particularly styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR). SBR is widely employed in the tire manufacturing industry due to its exceptional abrasion resistance, high durability, and ability to maintain elasticity across a wide range of temperatures. On the other hand, PBR is recognized for its impact resistance and resilience, making it suitable for diverse industrial applications such as conveyor belts and industrial hoses.

Butadiene-derived products are extensively utilized in consumer goods like footwear, toys, and household items. With the rise in disposable incomes and evolving consumer preferences, the demand for these products continues to expand. Ongoing research and technological advancements are driving the development of innovative products that necessitate butadiene-based materials.

This includes high-performance elastomers for specialized applications and the adoption of more sustainable production processes. Collaborations and partnerships within the butadiene industry have played a crucial role in catalyzing technological innovation. The industry's growth has been driven by joint ventures, research consortiums, and strategic alliances that facilitate the exchange of knowledge and expertise. The butadiene market is influenced by various factors, including fluctuations in feedstock availability and geopolitical uncertainties. In this context, partnerships play a pivotal role in ensuring supply security and mitigating risks associated with raw material procurement. Strategic alliances along the supply chain, from feedstock suppliers to end-users, enable smoother material flows and enhance risk management.

A recent collaboration focused on butadiene involves Trinseo and ETB. They have signed a letter of intent to collaborate on the development of purified bio-based 1,3-butadiene. This partnership aims to explore the utilization of bio-based butadiene as a sustainable alternative to fossil-based raw materials in various industries. Another notable collaboration in the butadiene field is between SABIC and Kraton. They are working together to develop certified renewable butadiene derived from animal-free and palm oil-free second-generation renewable feedstock. This collaboration contributes significantly to the advancement of sustainable solutions in the chemical and polymer industries.

However, imbalances in demand and supply along with volatility in energy prices are expected to slow down the growth of the market in the coming years.

The Global Butadiene Market segmentation is based on Product Type, End User, By Company, and Region.

Some of the major companies operating in the Global Butadiene Market include:

·         China Petroleum & Chemical Corporation

·         Royal Dutch Shell Plc

·         Borealis AG.

·         Versalis S.p.A.

·         Eni S.p.A.

·         Evonik Industries AG

·         Ineos Group AG

·         LANXESS AG

·         LyondellBasell Industries Holdings B.V.

·         LG Chem Ltd.


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“Certain regions, particularly the Asia Pacific, are projected to exert significant demand for butadiene worldwide. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhancing their butadiene productivity each year, are expected to contribute to a remarkable growth of the Global Butadiene Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Global Butadiene Market By Product Type (Butadiene Rubber, Styrene Butadiene Rubber, Acrylonitrile Butadiene Rubber, Nitrile Butadiene Rubber, Styrene Butadiene Latex, Hexamethylenediamine), By End User (Automobile Industries, Chemical, Plastics and Polymers, Building & Construction, Consumer Products Industries, Healthcare, Others), By Region, Competition, Forecast and Opportunities, 2029 has evaluated the future growth potential of Global Butadiene Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Butadiene Market.


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