バイオブタジエン市場 – 2029年までの世界予測

Bio-Butadiene Market - Global Forecast to 2029

バイオブタジエン市場 : タイプ (SBR、SBL、NBR、ABS、PB)、用途 (合成ゴム、ファインケミカル、プラスチック)、グレード (工業グレード)、最終用途産業 (自動車&輸送、化学加工)、地域別 - 2029年までの世界予測
Bio-Butadiene Market by Type (SBR, SBL, NBR, ABS, PB), Application (Synthetic Rubber, Fine Chemicals, Plastics), Grade (Industrial Grade), End-Use Industry (Automotive And Transportation, Chemical Processing), and Region - Global Forecast to 2029
出版MarketsandMarkets
出版年月2024年5月
ページ数226
図表数257
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Bio-butadiene market is projected to reach USD 94 million by 2029, at a CAGR of 10.1% from USD 58 million in 2024.

バイオブタジエン市場は、2024 年の 5,800 万米ドルから 10.1% の CAGR で、2029 年までに 9,400 万米ドルに達すると予測されています。

バイオブタジエン市場 - 2029年までの世界予測

The bio-butadiene market is fueled by several key factors, notably the increasing global focus on sustainability and environmental responsibility. Governments around the world are enacting stringent regulations to reduce carbon emissions and encourage the use of eco-friendly materials, thereby creating a supportive regulatory environment for bio-based products. In response, various industries, including automotive, construction, and consumer goods, are adopting bio-butadiene to achieve their sustainability objectives and lessen reliance on fossil-based raw materials. Technological advancements in bio-refining and bioprocessing are also driving market growth, facilitating the more efficient and cost-effective production of bio-butadiene.

“Styrene butadiene rubber type, is expected to be the largest type segment for bio-butadiene market during the forecast period, in terms of value.”
Styrene butadiene rubber (SBR) is expected to hold the largest share in the bio-butadiene market due to its widespread applications and superior properties. SBR is extensively used in the automotive industry, particularly for manufacturing tires, due to its excellent abrasion resistance, durability, and ability to provide good traction. The growing demand for eco-friendly and sustainable alternatives in the automotive sector is driving the adoption of biobased SBR. Additionally, SBR is utilized in various other industries such as construction, footwear, and consumer goods, where its flexibility, toughness, and resistance to wear make it a preferred material. The shift towards sustainable products, coupled with technological advancements in producing high-quality biobased SBR, is further propelling its market share. As industries increasingly seek to reduce their environmental footprint and adhere to stringent regulations, the demand for bio-based SBR is expected to continue growing, solidifying its dominance in the bio-butadiene market.

バイオブタジエン市場 - 2029年までの世界予測 ecosystem

“Synthetic Rubber is expected to be the largest application segment for bio-butadiene market during the forecast period, in terms of value.”
Synthetic rubber applications are projected to hold the largest share in the bio-butadiene market primarily due to their extensive use in the automotive industry, particularly for tire manufacturing. Tires require materials that offer excellent durability, abrasion resistance, and performance under various conditions, all of which are provided by synthetic rubber. As the automotive industry increasingly focuses on sustainability and reducing environmental impact, the demand for bio-based synthetic rubber is rising. Additionally, synthetic rubber is used in a wide range of other applications, including industrial products, footwear, and consumer goods, due to its versatility, flexibility, and resilience. The shift towards eco-friendly materials driven by regulatory pressures and consumer preferences further supports the growth of bio-based synthetic rubber. As a result, synthetic rubber applications are expected to dominate the bio-butadiene market, driven by the need for sustainable alternatives in key industries.

“Automotive & Transportation is expected to be the fastest growing end-use industry segment for bio-butadiene market during the forecast period, in terms of value.”
The automotive and transportation sectors are expected to be the fastest-growing end-use markets for bio-butadiene due to several key factors. The global push for sustainability and reducing carbon emissions is leading automotive manufacturers to seek eco-friendly materials for vehicle components. Bio-butadiene, used in the production of synthetic rubber for tires and various automotive parts, offers a sustainable alternative to traditional petrochemical-derived products. As regulatory pressures intensify and consumer demand for greener vehicles increases, manufacturers are increasingly incorporating bio-based materials to meet these demands and enhance their environmental credentials. Furthermore, the rapid advancements in bio-refining technologies have made the production of bio-butadiene more efficient. This shift towards sustainable practices in the automotive industry, combined with the robust growth of the transportation sector, is driving the rapid adoption of bio-butadiene, positioning it as the fastest-growing segment in the bio-butadiene market.

“Industrial grade is expected to be the largest grade segment for bio-butadiene market during the forecast period, in terms of value.”
Industrial-grade bio-butadiene is anticipated to hold the largest market share in the bio-butadiene market due to its extensive applications across various industries. This grade of bio-butadiene is particularly favored for its high performance and durability, making it suitable for demanding industrial applications such as the manufacturing of synthetic rubber, plastics, and adhesives. The automotive sector, which requires high-quality materials for tire production and other components, significantly drives the demand for industrial-grade bio-butadiene. Additionally, industries like construction, and consumer goods also rely on the superior properties of industrial-grade bio-butadiene, including its resilience, strength, and resistance to wear and tear. The growing emphasis on sustainability and the shift towards environmentally friendly raw materials further bolster the demand for industrial-grade bio-butadiene, as it provides a renewable alternative to traditional petrochemical-based products.

“Based on region, Europe was the largest market for bio-butadiene market in 2023.”
Europe is expected to have the largest market share in the bio-butadiene market due to several critical factors. The region has a strong regulatory framework promoting sustainability and the reduction of carbon emissions, driving the adoption of bio-based chemicals. European countries have set ambitious environmental targets, and industries are under pressure to transition to eco-friendly materials. The presence of a robust automotive industry, with major manufacturers and suppliers located in countries like Germany, France, and Italy, significantly boosts the demand for bio-butadiene, particularly for the production of sustainable tires and automotive components. Furthermore, Europe is a leader in research and development, with numerous initiatives and investments aimed at advancing bio-based technologies. The collaboration between industry players, research institutions, and government bodies fosters innovation and accelerates the commercialization of bio-butadiene.

バイオブタジエン市場 - 2029年までの世界予測 region

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
• By Company Type: Tier 1 – 30%, Tier 2 -35%, and Tier 3 – 35%
• By Designation: C-Level – 30%, Director Level – 15%, and Others – 55%
• By Region: North America – 20%, Europe -25%, Asia Pacific – 35%, Middle East & Africa – 10%, and South America- 10%

The key players in this market are SABIC (Saudi Arabia), Michelin (France), Zeon Corporation (Japan), Biokemik (Spain), ETB Catalytic Technologies (Netherlands), Trinseo (US), Genomatica (US), Braskem (Brazil), Versalis (Italy), Synthos (Poland), Lummus Technology (US), INVISTA (US), LanzaTech (US), IFPEN (France), Global Bioenergies (France), Evonik Industries (Germany), Axens (France).

Research Coverage
This report segments the market for the bio-butadiene market on the basis of type, application, end-use, grade and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for the bio-butadiene market.
Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the bio-butadiene market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
• Analysis of key drivers: The market growth is driven by the growing emphasis on sustainable development along with government support and reduced dependency on fossil fuels.
• Market Penetration: Comprehensive information on the bio-butadiene market offered by top players in the global bio-butadiene market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the bio-butadiene market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for the bio-butadiene market across regions.
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global bio-butadiene market.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the bio-butadiene market.

Table of Contents

1            INTRODUCTION            32

1.1         STUDY OBJECTIVES      32

1.2         MARKET DEFINITION   32

1.3         INCLUSIONS AND EXCLUSIONS 33

1.4         STUDY SCOPE  34

1.4.1      BIO-BUTADIENE MARKET SEGMENTATION      34

FIGURE 1           BIO-BUTADIENE MARKET SEGMENTATION      34

1.4.2      REGIONS COVERED      35

1.4.3      YEARS CONSIDERED     35

1.5         CURRENCY CONSIDERED          36

1.6         UNITS CONSIDERED     36

1.7         LIMITATIONS   36

1.8         STAKEHOLDERS            36

2            RESEARCH METHODOLOGY     37

2.1         RESEARCH DATA           37

FIGURE 2           BIO-BUTADIENE MARKET: RESEARCH DESIGN 37

2.1.1      SECONDARY DATA       38

2.1.1.1   Key data from secondary sources     38

2.1.2      PRIMARY DATA 38

2.1.2.1   Key data from primary sources         39

2.1.2.2   Primary data sources          39

2.1.2.3   Key primary participants    39

2.1.2.4   Breakdown of interviews with experts            40

2.1.2.5   Key industry insights          40

2.2         BASE NUMBER CALCULATION  41

2.2.1      SUPPLY-SIDE APPROACH          41

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE APPROACH       41

2.2.2      DEMAND-SIDE APPROACH        41

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE APPROACH       41

2.3         FORECAST NUMBER CALCULATION     41

2.3.1      SUPPLY SIDE    41

2.3.2      DEMAND SIDE  42

2.4         MARKET SIZE ESTIMATION       42

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS         42

2.4.1      BOTTOM-UP APPROACH           43

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       43

2.4.2      TOP-DOWN APPROACH             43

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       43

2.5         DATA TRIANGULATION             44

FIGURE 8           BIO-BUTADIENE MARKET: DATA TRIANGULATION       44

2.6         RESEARCH ASSUMPTIONS         45

2.7         IMPACT OF RECESSION 45

2.8         GROWTH FORECAST    46

2.9         RISK ASSESSMENT         46

3            EXECUTIVE SUMMARY 48

FIGURE 9           STYRENE BUTADIENE RUBBER SEGMENT TO DOMINATE MARKET BETWEEN 2024 AND 2029         49

FIGURE 10         SYNTHETIC RUBBER APPLICATION TO LEAD MARKET BETWEEN  2024 AND 2029         50

FIGURE 11         INDUSTRIAL GRADE SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029  50

FIGURE 12         AUTOMOTIVE & TRANSPORTATION END-USE INDUSTRY TO LEAD MARKET BETWEEN 2024 AND 2029            51

FIGURE 13         EUROPE TO DOMINATE MARKET DURING FORECAST PERIOD              52

4            PREMIUM INSIGHTS      53

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BIO-BUTADIENE MARKET            53

FIGURE 14         GROWING DEMAND FROM AUTOMOTIVE & TRANSPORTATION SECTOR TO DRIVE MARKET            53

4.2         BIO-BUTADIENE MARKET, BY TYPE      54

FIGURE 15         STYRENE BUTADIENE RUBBER TO BE FASTEST-GROWING SEGMENT DURING  FORECAST PERIOD            54

4.3         BIO-BUTADIENE MARKET, BY COUNTRY            54

FIGURE 16         GERMANY TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       54

5            MARKET OVERVIEW     55

5.1         INTRODUCTION            55

5.2         MARKET DYNAMICS     55

FIGURE 17         BIO-BUTADIENE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  AND CHALLENGES 55

5.2.1      DRIVERS            56

5.2.1.1   Growing emphasis on sustainable development and government support 56

5.2.1.2   Stringent environmental regulations and shifting consumer trends and preferences          56

5.2.1.3   Technological advancements and reduced dependence on fossil fuels       57

5.2.2      RESTRAINTS     58

5.2.2.1   Limited feedstock availability          58

5.2.3      OPPORTUNITIES           58

5.2.3.1   Growing demand for sustainable products for various end-use industries 58

5.2.3.2   Scarcity of butadiene for use in rubber market             59

5.2.4      CHALLENGES   59

5.2.4.1   Competition from natural petroleum butadiene           59

5.2.4.2   High initial investments     60

6            INDUSTRY TRENDS       61

6.1         INTRODUCTION            61

6.2         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       61

6.2.1      REVENUE SHIFT AND NEW REVENUE POCKETS FOR BIO-BUTADIENE MANUFACTURERS        61

FIGURE 18         REVENUE SHIFT IN BIO-BUTADIENE MARKET  62

6.3         VALUE CHAIN ANALYSIS            62

FIGURE 19         OVERVIEW OF BIO-BUTADIENE MARKET VALUE CHAIN              63

6.3.1      FEEDSTOCK SOURCING             63

6.3.2      BIO-BUTADIENE PROCESSING AND PRODUCING           63

6.3.3      DISTRIBUTORS 64

6.3.4      END USERS       64

6.4         PRICING ANALYSIS        64

6.4.1      AVERAGE SELLING PRICE TREND BY REGION   64

TABLE 1             AVERAGE SELLING PRICE OF BIO-BUTADIENE, BY REGION,  2020–2028 (USD/METRIC TON)  64

FIGURE 20         BIO-BUTADIENE MATERIALS MARKET: AVERAGE SELLING PRICE TREND OF  BIO-BUTADIENE, BY REGION            65

6.4.2      AVERAGE SELLING PRICE TREND, BY APPLICATION     65

TABLE 2             AVERAGE SELLING PRICE, BY APPLICATION, 2020–2028 (USD/METRIC TON)      65

FIGURE 21         BIO-BUTADIENE MATERIALS MARKET: AVERAGE SELLING PRICE TREND,  BY APPLICATION          65

6.4.3      AVERAGE SELLING PRICE TREND, BY TYPE       66

TABLE 3             AVERAGE SELLING PRICE, BY TYPE, 2020–2028 (USD/METRIC TON)    66

FIGURE 22         BIO-BUTADIENE MATERIALS MARKET: AVERAGE SELLING PRICE TREND, BY TYPE 66

6.4.4      AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY         66

TABLE 4             AVERAGE SELLING PRICE, BY END-USE INDUSTRY 2020–2028 (USD/METRIC TON)      66

FIGURE 23         BIO-BUTADIENE MATERIALS MARKET: AVERAGE SELLING PRICE,  BY END-USE INDUSTRY             67

6.5         ECOSYSTEM/MARKET MAP       67

TABLE 5             BIO-BUTADIENE MARKET: ECOSYSTEM             67

6.6         TECHNOLOGY ANALYSIS           68

TABLE 6             KEY TECHNOLOGIES IN BIO-BUTADIENE MARKET        68

TABLE 7             COMPLEMENTARY TECHNOLOGIES IN BIO-BUTADIENE MARKET            69

TABLE 8             ADJACENT TECHNOLOGIES IN BIO-BUTADIENE MARKET              69

6.7         PATENT ANALYSIS        69

6.7.1      METHODOLOGY           69

6.7.2      PATENTS GRANTED WORLDWIDE, 2014–2023    70

TABLE 9             BIO-BUTADIENE MARKET: TOTAL NUMBER OF PATENTS              70

6.7.3      PATENT PUBLICATION TRENDS            70

FIGURE 24         NUMBER OF PATENTS GRANTED (2014−2023)  70

6.7.4      INSIGHTS          71

6.7.5      LEGAL STATUS OF PATENTS    71

FIGURE 25         LEGAL STATUS OF PATENTS    71

6.7.6      JURISDICTION ANALYSIS           72

FIGURE 26         PATENT ANALYSIS, BY JURISDICTION, 2014−2023          72

6.7.7      TOP COMPANIES/APPLICANTS 72

FIGURE 27         TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS IN LAST 10 YEARS 72

TABLE 10           LIST OF MAJOR PATENT OWNERS FOR BIO-BUTADIENE              73

6.7.8      LIST OF MAJOR PATENTS          73

TABLE 11           MAJOR PATENTS FOR BIO-BUTADIENE 73

6.8         TRADE ANALYSIS          80

6.8.1      IMPORT SCENARIO       80

FIGURE 28         IMPORTS OF BIO-BUTADIENE, BY COUNTRY, 2020–2023 (USD THOUSAND)     80

6.8.2      EXPORT SCENARIO       81

FIGURE 29         EXPORTS OF BIO- BUTADIENE, BY COUNTRY, 2020–2023 (USD THOUSAND)     81

6.9         KEY CONFERENCES AND EVENTS, 2024–2025     81

TABLE 12           BIO-BUTADIENE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2024–2025             81

6.10       REGULATORY LANDSCAPE       82

6.10.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          82

TABLE 13           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         82

TABLE 14           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      83

TABLE 15           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      83

TABLE 16           MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS       84

TABLE 17           SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS       84

6.10.2    REGULATIONS RELATED TO BIO-BUTADIENE MARKET             84

TABLE 18           LIST OF REGULATIONS FOR BIO-BUTADIENE MARKET 84

6.11       PORTER’S FIVE FORCES ANALYSIS         86

TABLE 19           BIO-BUTADIENE MARKET: PORTER’S FIVE FORCES ANALYSIS              86

FIGURE 30         PORTER’S FIVE FORCES ANALYSIS: BIO-BUTADIENE MARKET              86

6.11.1    THREAT OF SUBSTITUTES         87

6.11.2    THREAT OF NEW ENTRANTS    87

6.11.3    BARGAINING POWER OF SUPPLIERS     87

6.11.4    BARGAINING POWER OF BUYERS           87

6.11.5    INTENSITY OF COMPETITIVE RIVALRY 88

6.12       RAW MATERIAL ANALYSIS         88

6.12.1    CORN   88

6.12.2    SUGARCANE     89

6.12.3    LIGNOCELLULOSE BIOMASS     89

6.12.4    WASTE-TO-ENERGY FEEDSTOCK           89

6.13       KEY STAKEHOLDERS AND BUYING CRITERIA    90

6.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         90

FIGURE 31         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE  END USERS           90

TABLE 20           INFLUENCE OF BUYERS ON BUYING PROCESS FOR TOP THREE END USERS       90

6.13.2    BUYING CRITERIA         91

FIGURE 32         KEY BUYING CRITERIA FOR END USERS              91

TABLE 21           KEY BUYING CRITERIA FOR END USERS              91

6.14       MACROECONOMIC INDICATORS           92

6.14.1    GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES 92

TABLE 22           PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE) OF KEY COUNTRIES, 2018–2025           92

6.15       CASE STUDIES  93

6.15.1    RENEWABLE BUTADIENE: CASE FOR HYBRID PROCESSING VIA BIO- AND CHEMO-CATALYSIS           93

6.15.2    ASSESSING ECONOMIC AND ENVIRONMENTAL SUSTAINABILITY OF BIO-OLEFINS: CASE FOR 1,3-BUTADIENE PRODUCTION FROM BIOETHANOL              93

7            BIO-BUTADIENE MARKET, BY GRADE   95

7.1         INTRODUCTION            96

FIGURE 33         INDUSTRIAL GRADE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       96

TABLE 23           BIO-BUTADIENE MARKET, BY GRADE, 2020–2023 (USD MILLION)          96

TABLE 24           BIO-BUTADIENE MARKET, BY GRADE, 2024–2029 (USD MILLION)          96

7.2         LABORATORY GRADE  97

7.2.1      CRUCIAL ROLE IN SCIENTIFIC ADVANCEMENT TO DRIVE MARKET              97

7.3         INDUSTRIAL GRADE     97

7.3.1      PRODUCTION OF SUSTAINABLE SYNTHETIC RUBBERS, PLASTICS, RESINS, AND OTHER CHEMICAL PRODUCTS TO DRIVE MARKET            97

8            BIO-BUTADIENE MARKET, BY TYPE      98

8.1         INTRODUCTION            99

FIGURE 34         STYRENE-BUTADIENE RUBBER SEGMENT TO LEAD MARKET DURING  FORECAST PERIOD   99

TABLE 25           BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (USD MILLION)              99

TABLE 26           BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (USD MILLION)              100

TABLE 27           BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (TON)   100

TABLE 28           BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (TON)   100

8.2         SBR (STYRENE-BUTADIENE RUBBER)    101

8.2.1      ABRASION RESISTANCE AND AGING STABILITY OF STYRENE, FLEXIBILITY AND RESILIENCE OF BUTADIENE TO DRIVE MARKET        101

8.3         SBL (STYRENE-BUTADIENE LATEX)      101

8.3.1      DEMAND FROM ADHESIVES, COATINGS, CONSTRUCTION, AND PAPER INDUSTRIES TO DRIVE MARKET            101

8.4         PB (POLYBUTADIENE) 101

8.4.1      EXCEPTIONAL RESILIENCE, ABRASION RESISTANCE, AND LOW-TEMPERATURE FLEXIBILITY TO DRIVE MARKET            101

8.5         ABS (ACRYLONITRILE-BUTADIENE-STYRENE)  102

8.5.1      DEMAND FOR AUTOMOTIVE PARTS, CONSUMER PRODUCTS, AND INDUSTRIAL EQUIPMENT TO DRIVE MARKET  102

8.6         NBR (NITRILE-BUTADIENE RUBBER)    102

8.6.1      SUPERIOR CHEMICAL RESISTANCE AND DURABILITY TO DRIVE MARKET            102

8.7         SBS AND SEBS (STYRENE-BUTADIENE BLOCK COPOLYMERS)   103

8.7.1      EXCELLENT WEATHERABILITY AND RESISTANCE TO OIL AND CHEMICALS TO DRIVE MARKET             103

8.8         OTHERS             103

8.8.1      EPDM (ETHYLENE PROPYLENE DIENE MONOMER)       103

8.8.1.1   Offers durability and resistance to environmental factors           103

8.8.2      CHLOROPRENE RUBBER (CR)   103

8.8.2.1   Resistant to oils, chemicals, heat, and weathering         103

8.8.3      CHLOROPRENE RUBBER (CR)   104

8.8.3.1   Enables excellent elasticity, high tensile strength, and superior abrasion resistance              104

9            BIO-BUTADIENE MARKET, BY APPLICATION     105

9.1         INTRODUCTION            106

FIGURE 35         SYNTHETIC RUBBER SEGMENT TO LEAD MARKET DURING FORECAST  PERIOD 2024          106

TABLE 29           BIO-BUTADIENE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          106

TABLE 30           BIO-BUTADIENE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          107

9.2         SYNTHETIC RUBBER     107

9.2.1      ENHANCED DURABILITY, RESILIENCE, AND CHEMICAL RESISTANCE OVER NATURAL RUBBER TO DRIVE MARKET    107

9.3         FINE CHEMICALS           108

9.3.1      HIGH PROCESS EFFICIENCY AND MINIMIZED ENVIRONMENTAL FOOTPRINT TO DRIVE MARKET            108

9.4         THERMOPLASTIC ELASTOMERS            108

9.4.1      RESILIENCE AND ELASTICITY OF ELASTOMERS AND PROCESSABILITY AND RECYCLABILITY OF THERMOPLASTICS TO DRIVE MARKET            108

9.5         PLASTICS          109

9.5.1      DEMAND FROM PACKAGING, CONSTRUCTION, AUTOMOTIVE, AND CONSUMER GOODS INDUSTRIES TO DRIVE MARKET    109

9.6         OTHER APPLICATIONS 109

10          BIO-BUTADIENE MARKET, BY END-USE INDUSTRY        110

10.1       INTRODUCTION            111

FIGURE 36         AUTOMOTIVE AND TRANSPORTATION SEGMENT TO LEAD MARKET DURING FORECAST PERIOD   111

TABLE 31           BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 112

TABLE 32           BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 112

10.2       AUTOMOTIVE AND TRANSPORTATION             112

10.2.1    TIGHTENING EMISSION REGULATIONS, DEMAND FOR ECO-FRIENDLY VEHICLES, AND SUPPLY CHAIN RESILIENCE TO DRIVE MARKET             112

10.3       CONSUMER GOODS      113

10.3.1    DURABLE, HIGH-PERFORMING, AND ECO-FRIENDLY PRODUCTS MEETING ENVIRONMENTAL REGULATIONS TO DRIVE MARKET            113

10.4       CHEMICAL PROCESSING            113

10.4.1    CREATION OF BIO-BASED ALTERNATIVES TO CONVENTIONAL PETROCHEMICAL-DERIVED PRODUCTS TO DRIVE MARKET     113

10.5       BUILDING AND CONSTRUCTION           114

10.5.1    ENHANCED STRUCTURAL INTEGRITY AND DURABILITY OF CONSTRUCTION MATERIALS TO DRIVE MARKET          114

10.6       TEXTILE            114

10.6.1    ELASTICITY, STRENGTH, AND RESISTANCE TO WRINKLING, ALONG WITH ENVIRONMENTAL SUSTAINABILITY TO DRIVE MARKET 114

10.7       MEDICAL          115

10.7.1    HIGH ELASTICITY, DURABILITY, AND RESISTANCE TO CONTAMINANTS TO DRIVE MARKET    115

10.8       OTHER END-USE INDUSTRIES  115

10.8.1    ELECTRONICS  115

10.8.2    PACKAGING     115

10.8.3    RENEWABLE ENERGY   115

11          BIO-BUTADIENE MARKET, BY REGION 116

11.1       INTRODUCTION            117

FIGURE 37         EUROPE TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       117

TABLE 33           BIO-BUTADIENE MARKET, BY REGION, 2020–2023 (USD MILLION)          117

TABLE 34           BIO-BUTADIENE MARKET, BY REGION, 2024–2029 (USD MILLION)          118

TABLE 35           BIO-BUTADIENE MARKET, BY REGION , 2020–2023 (TON)              118

TABLE 36           BIO-BUTADIENE MARKET, BY REGION, 2024–2029 (TON)              118

11.2       ASIA PACIFIC    119

11.2.1    IMPACT OF RECESSION 119

FIGURE 38         ASIA PACIFIC: BIO-BUTADIENE MARKET SNAPSHOT     120

TABLE 37           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     120

TABLE 38           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     121

TABLE 39           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (TON)        121

TABLE 40           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (TON)        121

TABLE 41           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (USD MILLION) 122

TABLE 42           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (USD MILLION) 122

TABLE 43           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (TON)  122

TABLE 44           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (TON)  123

TABLE 45           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY GRADE, 2020–2023 (USD MILLION) 123

TABLE 46           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY GRADE, 2024–2029 (USD MILLION) 123

TABLE 47           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          123

TABLE 48           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          124

TABLE 49           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 124

TABLE 50           ASIA PACIFIC: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 124

11.2.1.1 China     125

11.2.1.1.1            Significant capital investments toward sustainability to drive market              125

TABLE 51           CHINA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          125

TABLE 52           CHINA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          126

11.2.1.2 Japan     126

11.2.1.2.1            Government support, industry participation, and technological advancements to drive market          126

TABLE 53           JAPAN: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          127

TABLE 54           JAPAN: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          127

11.2.1.3 South Korea        127

11.2.1.3.1            High share of global synthetic rubber production to drive market              127

TABLE 55           SOUTH KOREA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 128

TABLE 56           SOUTH KOREA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 128

11.2.1.4 India      129

11.2.1.4.1            Significant economic growth and development to drive market  129

TABLE 57           INDIA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          129

TABLE 58           INDIA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          130

11.2.1.5 Rest of Asia Pacific            130

TABLE 59           REST OF ASIA PACIFIC BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 130

TABLE 60           REST OF ASIA PACIFIC: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 131

11.3       NORTH AMERICA          131

11.3.1    IMPACT OF RECESSION 131

FIGURE 39         NORTH AMERICA: BIO-BUTADIENE MARKET SNAPSHOT              132

TABLE 61           NORTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          133

TABLE 62           NORTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          133

TABLE 63           NORTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (TON)            133

TABLE 64           NORTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (TON)            133

TABLE 65           NORTH AMERICA: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (USD MILLION)     134

TABLE 66           NORTH AMERICA: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (USD MILLION)     134

TABLE 67           NORTH AMERICA: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (TON)        134

TABLE 68           NORTH AMERICA: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (TON)        135

TABLE 69           NORTH AMERICA: BIO-BUTADIENE MARKET, BY GRADE, 2020–2023 (USD MILLION)     135

TABLE 70           NORTH AMERICA: BIO-BUTADIENE MARKET, BY GRADE, 2024–2029 (USD MILLION)     135

TABLE 71           NORTH AMERICA: BIO-BUTADIENE MARKET, BY APPLICATION,  2020–2023 (USD MILLION)        135

TABLE 72           NORTH AMERICA: BIO-BUTADIENE MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        136

TABLE 73           NORTH AMERICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 136

TABLE 74           NORTH AMERICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 136

11.3.1.1 US         137

11.3.1.1.1            Bioeconomy Initiative and Farm Bill to drive market    137

TABLE 75           US: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     137

TABLE 76           US: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     137

11.3.1.2 Canada  138

11.3.1.2.1            Initiatives fostering clean growth and reducing greenhouse gas emissions to drive market    138

TABLE 77           CANADA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          138

TABLE 78           CANADA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          139

11.3.1.3 Mexico  139

11.3.1.3.1            Government initiatives to drive bio-butadiene and synthetic rubber industries             139

TABLE 79           MEXICO: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          140

TABLE 80           MEXICO: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          140

11.4       EUROPE             140

FIGURE 40         EUROPE: BIO-BUTADIENE MARKET SNAPSHOT 141

11.4.1    IMPACT OF RECESSION 142

TABLE 81           EUROPE: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 142

TABLE 82           EUROPE: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 143

TABLE 83           EUROPE: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (TON)  143

TABLE 84           EUROPE: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (TON)  143

TABLE 85           EUROPE: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (USD MILLION)          144

TABLE 86           EUROPE: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (USD MILLION)          144

TABLE 87           EUROPE: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (TON)              144

TABLE 88           EUROPE: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (TON)              145

TABLE 89           EUROPE: BIO-BUTADIENE MARKET, BY GRADE, 2020–2023 (USD MILLION) 145

TABLE 90           EUROPE: BIO-BUTADIENE MARKET, BY GRADE, 2024–2029 (USD MILLION) 145

TABLE 91           EUROPE BIO-BUTADIENE MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     145

TABLE 92           EUROPE: BIO-BUTADIENE MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     146

TABLE 93           EUROPE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          146

TABLE 94           EUROPE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          146

11.4.1.1 Germany             147

11.4.1.1.1            Ambitious environmental regulations aimed at reducing greenhouse gas emissions to drive market   147

TABLE 95           GERMANY: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION)          147

TABLE 96           GERMANY: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)          148

11.4.1.2 UK         148

11.4.1.2.1            Adoption of sustainable practices in automotive and construction industries to drive market  148

TABLE 97           UK: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     149

TABLE 98           UK: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     149

11.4.1.3 France   149

11.4.1.3.1            Stringent environmental regulations and promotion of bio-based economy to drive market    149

TABLE 99           FRANCE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          150

TABLE 100         FRANCE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          150

11.4.1.4 Italy       151

11.4.1.4.1            Growing environmental consciousness among consumers and industries to drive market    151

TABLE 101         ITALY: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          151

TABLE 102         ITALY: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          152

11.4.1.5 Spain     152

11.4.1.5.1            Well-established automotive industry and demand for environmentally friendly building materials to drive market     152

TABLE 103         SPAIN: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          153

TABLE 104         SPAIN: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          153

11.4.1.6 Russia    153

11.4.1.6.1            Expanding automotive and construction sectors to drive market 153

TABLE 105         RUSSIA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          154

TABLE 106         RUSSIA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          154

11.4.1.7 Rest of Europe     155

TABLE 107         REST OF EUROPE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 155

TABLE 108         REST OF EUROPE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 155

11.5       SOUTH AMERICA           156

11.5.1    IMPACT OF RECESSION 156

TABLE 109         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          156

TABLE 110         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          157

TABLE 111         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (TON)            157

TABLE 112         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (TON)            157

TABLE 113         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (USD MILLION)     157

TABLE 114         SOUTH AMERICA :BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (USD MILLION)     158

TABLE 115         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (TON)        158

TABLE 116         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (TON)        158

TABLE 117         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY GRADE, 2020–2023 (USD MILLION)     159

TABLE 118         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY GRADE, 2024–2029 (USD MILLION)     159

TABLE 119        SOUTH AMERICA: BIO-BUTADIENE MARKET, BY APPLICATION,  2020–2023 (USD MILLION)          159

TABLE 120        SOUTH AMERICA: BIO-BUTADIENE MARKET, BY APPLICATION,  2024–2029 (USD MILLION)          159

TABLE 121         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 160

TABLE 122         SOUTH AMERICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 160

11.5.1.1 Brazil     160

11.5.1.1.1            Significant production of ethanol and large automotive industry to drive market   160

TABLE 123         BRAZIL: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)          161

TABLE 124         BRAZIL: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)          161

11.5.1.2 Argentina            162

11.5.1.2.1            Large agricultural sector and increase in vehicle production to drive market   162

TABLE 125         ARGENTINA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 162

TABLE 126         ARGENTINA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 163

11.5.1.3 Rest of South America       163

TABLE 127         REST OF SOUTH AMERICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION)      163

TABLE 128         REST OF SOUTH AMERICA :BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)      164

11.6       MIDDLE EAST & AFRICA             164

11.6.1    IMPACT OF RECESSION 164

TABLE 129         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY COUNTRY,  2020–2023 (USD MILLION) 165

TABLE 130         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 165

TABLE 131         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2020–2023 (TON)      166

TABLE 132         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY COUNTRY, 2024–2029 (TON)      166

TABLE 133         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (USD MILLION)          166

TABLE 134         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (USD MILLION)          167

TABLE 135         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY TYPE, 2020–2023 (TON)            167

TABLE 136         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY TYPE, 2024–2029 (TON)            167

TABLE 137        MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY GRADE,  2020–2023 (USD MILLION)          168

TABLE 138        MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY GRADE,  2024–2029 (USD MILLION)          168

TABLE 139         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY APPLICATION,  2020–2023 (USD MILLION)        168

TABLE 140         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        168

TABLE 141         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION)      169

TABLE 142         MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)      169

11.6.1.1 GCC      170

11.6.1.1.1            Saudi Arabia        170

11.6.1.1.1.1         Sustainable manufacturing, strategic collaborations, and growing construction sector to drive market  170

TABLE 143         SAUDI ARABIA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 170

TABLE 144         SAUDI ARABIA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 171

11.6.1.1.2            UAE      171

11.6.1.1.2.1         Robust growth of construction sector, sustainable development, and substantial investments in chemical production to drive market 171

TABLE 145         UAE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     172

TABLE 146         UAE: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     172

11.6.1.2 Rest of GCC        172

TABLE 147         REST OF GCC: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 173

TABLE 148         REST OF GCC: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 173

11.6.1.2.1            South Africa        173

11.6.1.2.1.1         Significant chemical production and increasing focus on environmentally conscious development to drive market          173

TABLE 149         SOUTH AFRICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2020–2023 (USD MILLION) 174

TABLE 150         SOUTH AFRICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION) 174

11.6.1.3 Rest of Middle East & Africa            175

TABLE 151         REST OF MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)        175

TABLE 152         REST MIDDLE EAST & AFRICA: BIO-BUTADIENE MARKET, BY END-USE INDUSTRY,  2024–2029 (USD MILLION)           175

12          COMPETITIVE LANDSCAPE       176

12.1       INTRODUCTION            176

12.2       KEY PLAYER STRATEGIES/ RIGHT TO WIN         176

TABLE 153         OVERVIEW OF STRATEGIES ADOPTED BY KEY BIO-BUTADIENE PLAYERS   176

12.3       MARKET SHARE ANALYSIS         177

12.3.1    RANKING OF KEY MARKET PLAYERS, 2023          177

FIGURE 41         RANKING OF TOP THREE PLAYERS IN BIO-BUTADIENE MARKET, 2023  177

12.3.2    MARKET SHARE OF KEY PLAYERS          177

TABLE 154         BIO-BUTADIENE MARKET: DEGREE OF COMPETITION 178

FIGURE 42         SHARE OF KEY PLAYERS IN BIO-BUTADIENE MARKET, 2023              178

12.4       REVENUE ANALYSIS      179

FIGURE 43         REVENUE ANALYSIS OF TOP 3 PLAYERS, 2020–2024        179

12.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   180

12.5.1    STARS  180

12.5.2    EMERGING LEADERS    180

12.5.3    PERVASIVE PLAYERS     180

12.5.4    PARTICIPANTS 180

FIGURE 44         BIO-BUTADIENE MARKET: COMPANY EVALUATION MATRIX, 2023      181

12.5.5    COMPETITIVE BENCHMARKING: KEY PLAYERS, 2023     182

TABLE 155         TYPE: COMPANY FOOTPRINT (11 COMPANIES) 182

TABLE 156         APPLICATION: COMPANY FOOTPRINT (11 COMPANIES)              183

TABLE 157         END-USE INDUSTRY: COMPANY FOOTPRINT (11 COMPANIES)              184

TABLE 158         REGION: COMPANY FOOTPRINT (11 COMPANIES)         185

FIGURE 45         BIO-BUTADIENE MARKET: OVERALL COMPANY FOOTPRINT              186

12.6       COMPANY VALUATION AND FINANCIAL METRICS        186

FIGURE 46         EV/EBITDA OF KEY VENDORS   186

FIGURE 47         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN  187

12.7       COMPETITIVE SCENARIO AND TRENDS             187

12.7.1    PRODUCT LAUNCHES  187

TABLE 159         BIO-BUTADIENE MARKET: PRODUCT LAUNCHES (JANUARY 2014–MAY 2024) 187

12.7.2    DEALS  188

TABLE 160         BIO-BUTADIENE MARKET: DEALS (JANUARY 2014–MAY 2024)              188

12.7.3    OTHER DEVELOPMENTS           189

TABLE 161         BIO-BUTADIENE MARKET: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024) 189

13          COMPANY PROFILES    190

(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *

13.1       KEY PLAYERS   190

13.1.1    SABIC   190

TABLE 162         SABIC: COMPANY OVERVIEW    190

FIGURE 48         SABIC: COMPANY SNAPSHOT   191

TABLE 163         SABIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED     191

TABLE 164         SABIC: DEALS (JANUARY 2014–MAY 2024)            192

TABLE 165         SABIC: EXPANSIONS (JANUARY 2014–MAY 2024) 192

TABLE 166         SABIC: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)              192

13.1.2    ETB CATALYTIC TECHNOLOGIES & TRINSEO    195

TABLE 167         ETB CATALYTIC TECHNOLOGIES: COMPANY OVERVIEW              195

TABLE 168         ETB CATALYTIC TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED   195

TABLE 169         ETB CATALYTIC TECHNOLOGIES: DEALS (JANUARY 2014–MAY 2024)    196

TABLE 170         ETB CATALYTIC TECHNOLOGIES: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)         196

13.1.3    GENOMATICA, INC. & VERSALIS             198

TABLE 171         GENOMATICA, INC.: COMPANY OVERVIEW       198

TABLE 172         GENOMATICA, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          198

TABLE 173         GENOMATICA, INC.: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)         199

13.1.4    SYNTHOS & LIMMUS TECHNOLOGY, LLC.          200

TABLE 174         SYNTHOS: COMPANY OVERVIEW           200

TABLE 175         SYNTHOS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              201

TABLE 176         SYNTHOS: DEALS (JANUARY 2014–MAY 2024)     201

TABLE 177         SYNTHOS: EXPANSIONS (JANUARY 2014–MAY 2024)       202

TABLE 178         SYNTHOS: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)              203

13.1.5    INVISTA & LANZATECH 204

TABLE 179         INVISTA: COMPANY OVERVIEW             204

TABLE 180         INVISTA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204

TABLE 181         INVISTA: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)              205

13.1.6    BRASKEM S.A.   206

TABLE 182         BRASKEM S.A.: COMPANY OVERVIEW    206

FIGURE 49         BRASKEM S.A.: COMPANY SNAPSHOT   206

TABLE 183         BRASKEM S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              207

TABLE 184         BRASKEM S.A.: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)    207

13.1.7    EVONIK INDUSTRIES    209

TABLE 185         EVONIK INDUSTRIES: COMPANY OVERVIEW     209

FIGURE 50         EVONIK INDUSTRIES: COMPANY SNAPSHOT     210

TABLE 186         EVONIK INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          210

TABLE 187         EVONIK INDUSTRIES: PRODUCT LAUNCHES (JANUARY 2014–MAY 2024)         211

TABLE 188         EVONIK INDUSTRIES: DEALS (JANUARY 2014–MAY 2024)              211

TABLE 189         EVONIK INDUSTRIES: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024) 211

13.1.8    BIOKEMIK         213

TABLE 190         BIOKEMIK: COMPANY OVERVIEW          213

TABLE 191         BIOKEMIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED              213

TABLE 192         BIOKEMIK: DEALS (JANUARY 2014–MAY 2024)    214

TABLE 193         BIOKEMIK: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)    214

13.1.9    MICHELIN & IFPENS & AXENS    216

TABLE 194         MICHELIN: COMPANY OVERVIEW          216

FIGURE 51         MICHELIN: COMPANY SNAPSHOT         217

TABLE 195         MICHELIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED              217

TABLE 196         MICHELIN: DEALS (JANUARY 2014–MAY 2024)    218

TABLE 197         MICHELIN: EXPANSIONS (JANUARY 2014–MAY 2024)      218

TABLE 198         MICHELIN: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024)    219

13.1.10  ZEON CORPORATION   220

TABLE 199         ZEON CORPORATION: COMPANY OVERVIEW   220

FIGURE 52         ZEON CORPORATION: COMPANY SNAPSHOT   221

TABLE 200         ZEON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          221

TABLE 201         ZEON CORPORATION: OTHER DEVELOPMENTS (JANUARY 2014–MAY 2024) 221

13.1.11  GLOBAL BIOENERGIES 223

TABLE 202         GLOBAL BIOENERGIES: COMPANY OVERVIEW 223

FIGURE 53         GLOBAL BIOENERGIES: COMPANY SNAPSHOT 224

TABLE 203         GLOBAL BIOENERGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          224

TABLE 204         GLOBAL BIOENERGIES: EXPANSIONS (JANUARY 2014–MAY 2024)    225

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

14          APPENDIX         227

14.1       DISCUSSION GUIDE      227

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             230

14.3       CUSTOMIZATION OPTIONS      232

14.4       RELATED REPORTS       232

14.5       AUTHOR DETAILS         233