Butadiene Synthetic and Bio based

Butadiene Synthetic and Bio-based Market Outlook

The global butadiene market is expected to reach a value of approximately USD 40 billion by 2035, growing at a compound annual growth rate (CAGR) of around 5.0% during the forecast period from 2025 to 2035. This growth is primarily driven by the increasing demand for synthetic rubber, particularly in the automotive sector, due to its versatile properties including elasticity, strength, and durability. Moreover, the rising awareness regarding sustainable materials has spurred interest in bio-based butadiene, promoting investments in green technologies. The expansion of end-use industries, particularly in emerging economies, coupled with the continuous innovations in production technology, will further boost market growth. The growing demand for lightweight vehicles and energy-efficient solutions is also anticipated to positively impact the butadiene market. Additionally, the upward trend in packaging and construction sectors will significantly contribute to market expansion.

Growth Factor of the Market

The growth of the butadiene market can be attributed to several key factors. One primary driver is the automotive industry’s increasing reliance on synthetic rubber for tire production, which is a significant application of butadiene. As global vehicle production continues to rise, the demand for high-performance tires that utilize synthetic rubber is expected to expand correspondingly. Additionally, the adoption of bio-based alternatives is gaining momentum, motivated by global sustainability initiatives and regulations aimed at reducing carbon footprints. Investments in research and development are also facilitating the advancement of production processes, leading to increased efficiencies and reduced costs. Furthermore, the burgeoning demand for plastics across various industries, including electronics and packaging, is expected to elevate butadiene consumption. Lastly, the trend towards lightweight materials in construction and automotive applications is driving the demand for butadiene-based products, further enhancing market prospects.

Key Highlights of the Market

• Expected market growth to USD 40 billion by 2035 with a CAGR of 5.0%.
• Significant demand from the automotive sector, particularly for synthetic rubber.
• Increasing interest in sustainable bio-based butadiene options.
• Expansion in emerging markets contributing to overall demand.
• Technological advancements improving production efficiency and reducing costs.

By Product Type

Synthetic Butadiene:

Synthetic butadiene dominates the market due to its extensive applications in the production of synthetic rubber and various chemicals. As a key feedstock for tire manufacturing, its demand is strongly linked to automotive production levels. The synthetic process allows for a consistent quality and supply, making it highly favorable among manufacturers. Additionally, innovations in production technology are enabling more efficient extraction and refining processes, which further bolster the supply chain. With the automotive industry's continuous growth, particularly in electric and hybrid vehicles, synthetic butadiene is expected to maintain a robust market presence. Its versatility also finds applications in the production of plastics, resins, and fibers, contributing to its strong market position.

Bio-based Butadiene:

Bio-based butadiene is emerging as a significant segment within the butadiene market, driven by the increasing focus on sustainability. With growing awareness about environmental issues, industries are shifting towards renewable resources to minimize their carbon footprint. Bio-based butadiene is produced from biological feedstocks, making it an eco-friendly alternative to conventional synthetic methods. This segment is gaining traction, particularly among manufacturers looking to enhance their sustainability profiles and meet regulatory requirements. As a result, investments in bio-refineries and research into biomass conversion technology are expected to drive the growth of this segment further. With consumers becoming more environmentally conscious, bio-based butadiene presents a promising opportunity for manufacturers to diversify their product portfolios.

By Application

Rubber:

The rubber application segment is one of the largest consumers of butadiene, primarily due to its pivotal role in tire manufacturing. Synthetic rubber, which is produced from butadiene, offers superior performance characteristics, such as increased durability and heat resistance, which are essential for high-performance tires. The continuous growth of the automotive sector, coupled with rising vehicle production rates, significantly boosts demand for rubber products. Furthermore, advancements in rubber formulations are leading to the development of more efficient and resilient tires, further fueling the growth of this segment. The increasing demand for various rubber products in other industries, including construction and consumer goods, will also positively impact the butadiene market.

Plastics:

The plastics application segment is witnessing substantial growth due to the increasing consumption of plastic materials in various sectors such as packaging, construction, and consumer goods. Butadiene is a critical raw material in the production of numerous plastic polymers, including acrylonitrile butadiene styrene (ABS), which is highly valued for its strength and impact resistance. The growing trend towards lightweight and durable materials has led manufacturers to incorporate butadiene-based plastics in their products. Additionally, the rising demand for sustainable packaging solutions is prompting the exploration of bio-based alternatives, further driving the consumption of bio-based butadiene in the plastics industry. As consumer preferences shift towards more versatile and eco-friendly plastic products, the butadiene market is expected to benefit significantly.

Chemicals:

In the chemicals application segment, butadiene serves as a vital feedstock for the synthesis of various chemicals, including butadiene rubber, butanol, and adiponitrile. The increasing demand for specialty chemicals in a wide range of applications, including automotive, textiles, and electronics, is propelling growth in this segment. Moreover, as industries continue to innovate and develop new chemical formulations, the versatility of butadiene as a precursor is becoming increasingly valuable. The expansion of the chemical sector in emerging economies, coupled with the rising production of high-performance chemicals, will further drive the demand for butadiene. Additionally, the trend towards biochemicals is expected to promote the adoption of bio-based butadiene in chemical applications, enhancing market dynamics.

Textiles:

The textiles application segment is leveraging butadiene for the production of synthetic fibers, which are essential in the manufacturing of various fabric types. The demand for lightweight, durable, and high-performance textiles is driving the consumption of butadiene in this sector. As fashion trends evolve, and sustainability becomes a priority, the textile industry is increasingly exploring the potential of bio-based alternatives, which are derived from renewable sources. This shift is expected to contribute to the growth of bio-based butadiene in the textiles market. Furthermore, innovations in textile technology, such as moisture-wicking and stain-resistant fabrics, are also boosting the demand for butadiene-derived materials in the industry, indicating a promising outlook for this segment.

Others:

In addition to the major applications mentioned, butadiene finds its way into a variety of other applications such as adhesives, coatings, and sealants. The versatility of butadiene allows it to be utilized in different chemical formulations, enhancing the performance of these products. The growing construction and automotive industries further contribute to the demand for butadiene in sealants and adhesives, which are essential for ensuring durability and weather resistance. Additionally, the increasing focus on product innovation and development in these sectors is expected to create new opportunities for butadiene consumption. As industries continue to seek high-performance and reliable materials, the 'Others' application segment will become increasingly important in driving the overall growth of the butadiene market.

By Production Technology

Steam Cracking:

Steam cracking is the primary production technology for butadiene and is widely employed in the petrochemical industry. This process involves the thermal decomposition of hydrocarbons, producing ethylene, propylene, and butadiene as byproducts. Due to its economic efficiency and ability to utilize various feedstocks, steam cracking is favored by manufacturers. Additionally, the increasing production of ethylene from steam crackers provides a co-product opportunity for butadiene, thereby optimizing resource utilization. The growth of this technology is driven by the continued demand for petrochemical products, particularly in the automotive and plastics sectors. As industry players seek to enhance operational efficiencies, innovations in steam cracking technology are expected to further boost butadiene production capabilities.

Oxidative Dehydrogenation:

Oxidative dehydrogenation is an emerging production technology for butadiene, which offers several advantages over traditional methods, such as lower energy consumption and reduced carbon emissions. This process converts alkanes into alkenes through oxidation, thereby producing butadiene directly from feedstock in a more sustainable manner. The growing emphasis on reducing the environmental impact of chemical production is driving interest in this technology. As manufacturers increasingly focus on sustainability, oxidative dehydrogenation is poised to play a crucial role in the future of butadiene production. Furthermore, technological advancements and increased investments are expected to enhance the feasibility and scalability of this method, positioning it as a competitive alternative in the butadiene market.

Biomass Conversion:

Biomass conversion represents a significant advancement in the production of bio-based butadiene, offering a sustainable alternative to conventional petrochemical processes. This technology utilizes organic materials, such as agricultural waste and forestry residues, to produce butadiene through fermentation or thermochemical processes. The rising demand for sustainable materials and the push for circular economy practices are driving interest and investment in biomass conversion technologies. As industries seek to reduce their carbon footprints, bio-based butadiene derived from biomass conversion is becoming increasingly attractive. The growth of this segment is supported by government incentives and funding aimed at promoting the development of renewable resources, thereby enhancing the market landscape for bio-based options.

Others:

Other production technologies for butadiene include various innovative methods that are still in developmental stages or are niche processes. These methods may encompass advanced catalytic processes or integrated biorefineries that combine multiple pathways for the efficient conversion of feedstocks into butadiene. While these technologies may currently have limited market share compared to steam cracking and oxidative dehydrogenation, they hold potential for future growth as the industry seeks to diversify its production capabilities. As research continues and technological breakthroughs are achieved, these alternative methods could contribute to a more sustainable and resilient butadiene supply chain. The drive towards innovation and environmental responsibility will likely propel the development of these alternative production technologies in the coming years.

By End-Use Industry

Automotive:

The automotive industry is the largest end-use sector for butadiene, primarily due to its critical application in the production of synthetic rubber for tires. As global vehicle production continues to rise, so does the demand for high-performance tires that utilize butadiene-based rubber compounds. The ongoing shift towards electric vehicles also presents opportunities for the butadiene market, as these vehicles require lightweight, durable materials that enhance overall efficiency. Additionally, the automotive industry's focus on sustainability and the adoption of bio-based alternatives are driving interest in bio-based butadiene products. As the automotive sector evolves, the demand for high-quality butadiene will remain a key factor in shaping the market landscape.

Construction:

The construction industry is increasingly utilizing butadiene-based materials for various applications including adhesives, sealants, and coatings. The versatility of butadiene allows it to contribute to the development of high-performance materials that meet the growing demands for durability and weather resistance in construction projects. As infrastructure development and urbanization continue to rise globally, the consumption of butadiene in construction applications is expected to increase. Additionally, the trend towards sustainable construction practices is promoting the exploration of bio-based alternatives, thereby enhancing the demand for bio-based butadiene. The construction sector's increasing reliance on advanced materials will continue to drive growth in the butadiene market.

Packaging:

In the packaging industry, butadiene is extensively used in the production of various plastics and films, driven by the rising demand for lightweight and durable packaging solutions. The increasing global population and the growing trend towards online shopping are propelling the need for efficient packaging materials that ensure product safety and sustainability. Butadiene-based plastics offer excellent properties including flexibility and resistance to moisture, making them ideal for a wide range of packaging applications. The focus on reducing plastic waste and promoting sustainable practices is leading companies to explore bio-based alternatives, further stimulating growth in this segment. As consumer preferences evolve towards eco-friendly packaging solutions, the demand for butadiene in the packaging sector will continue to rise.

Electronics:

The electronics industry is increasingly incorporating butadiene-based materials in the production of various components such as circuit boards, connectors, and casings. Butadiene-derived plastics offer excellent electrical insulation properties, making them suitable for various electronic applications. The ongoing technological advancements and the rising demand for consumer electronics are driving the consumption of butadiene in this industry. As manufacturers seek to enhance product performance and durability, the adoption of innovative materials, including butadiene derivatives, is expected to expand. Furthermore, the growth of the electronics sector in emerging economies is anticipated to further contribute to the overall demand for butadiene in this end-use industry.

Others:

In addition to the major end-use industries, butadiene finds applications in a variety of other sectors, including textiles, health care, and consumer goods. In textiles, butadiene is utilized for producing synthetic fibers, which are essential for the manufacturing of various fabrics. The healthcare sector leverages butadiene in producing medical devices and equipment that require durable and high-performance materials. Furthermore, the consumer goods sector incorporates butadiene-based products in various applications, from household items to personal care products. As industries continue to innovate and develop new formulations, the 'Others' segment is poised to play a crucial role in driving the overall growth of the butadiene market.

By Region

The global butadiene market is experiencing varied growth across different regions, influenced by factors such as industrialization, demand from end-use industries, and technological advancements. In the Asia Pacific region, the market is expected to witness significant growth, driven by the booming automotive sector, particularly in countries like China and India. The region is projected to account for nearly 40% of the total butadiene market by 2035, with a CAGR of approximately 6.0%. This growth is supported by increasing vehicle production and rising disposable incomes, which are fueling demand for high-quality rubber and plastics.

North America and Europe are also prominent markets for butadiene, primarily driven by the established automotive and chemicals industries. North America, with a market share of around 25%, is expected to see moderate growth owing to the shift towards sustainable materials and innovations in production technology. In contrast, Europe is focusing on reducing its carbon footprint and is adopting bio-based alternatives, promoting the growth of bio-based butadiene in the region. Latin America and the Middle East & Africa are smaller markets but hold potential due to the expansion of various industries, including construction and packaging. The total revenues from these regions are contributing to a comprehensive global market outlook, ensuring that the international demand for butadiene remains strong.

Opportunities

The butadiene market presents numerous opportunities primarily driven by technological advancements and growing sustainability initiatives. As industries increasingly focus on reducing their carbon footprints, there is a notable rise in the adoption of bio-based alternatives to synthetic butadiene. This shift is opening doors for manufacturers to explore sustainable production methods, such as biomass conversion and oxidative dehydrogenation, which are gaining popularity for their lower environmental impact. Moreover, investments in research and development are paving the way for enhanced production efficiencies and the development of innovative applications for butadiene. The burgeoning electric vehicle market is further driving opportunities in the butadiene sector, as manufacturers seek lightweight and high-performance materials that rely on butadiene derivatives. Overall, the intersection of sustainability and technological innovation is creating a robust landscape for growth in the butadiene market.

Another significant opportunity lies in the emerging markets of Asia Pacific and Latin America, which are witnessing rapid industrialization and urbanization. These regions are experiencing increased demand for automotive and consumer goods, leading to higher consumption of butadiene in various applications. As these markets continue to evolve, they represent a lucrative opportunity for established players and new entrants to expand their market presence. Furthermore, as governments implement favorable policies to promote sustainable and eco-friendly practices, the market for bio-based butadiene is expected to flourish. The increasing focus on circular economy practices is also encouraging manufacturers to invest in recycling technologies, further enhancing the growth potential of the butadiene market. By leveraging these opportunities, stakeholders can position themselves strategically for long-term success in the dynamic butadiene landscape.

Threats

Despite the positive growth outlook, the butadiene market faces several threats that could impact its trajectory. One of the primary concerns is the volatility of raw material prices, especially for petrochemical feedstocks, which can significantly influence production costs and profitability. The dynamic nature of the oil and gas markets can lead to fluctuations in butadiene prices, posing challenges for manufacturers in maintaining cost-effectiveness. Additionally, stringent environmental regulations aimed at reducing greenhouse gas emissions may pose compliance challenges for some producers, particularly those relying on traditional production methods. The rising competition from alternative materials, such as bio-based polymers and recycled materials, could also threaten the demand for conventional butadiene products. As consumer preferences evolve towards more sustainable solutions, manufacturers must adapt quickly to remain competitive in an increasingly eco-conscious market.

Another major threat to the butadiene market is the potential disruption of supply chains, particularly in light of global geopolitical tensions and natural disasters. Events such as trade disputes, pandemics, or environmental catastrophes can severely impact the availability of raw materials and disrupt production processes. Companies heavily reliant on specific regions for their feedstock may find themselves vulnerable to unexpected supply chain interruptions. Furthermore, the emergence of new technologies and production methods can lead to rapid changes in market dynamics, rendering existing production facilities less competitive. As the butadiene market continues to evolve, stakeholders must remain vigilant and proactive in addressing these threats to ensure sustained growth and profitability.

Competitor Outlook

• Shell Chemicals
• INEOS
• LyondellBasell Industries
• LG Chem Ltd.
• ExxonMobil Chemical
• Braskem S.A.
• Chevron Phillips Chemical Company
• Reliance Industries Limited
• Rosneft
• BASF SE
• Sabic
• Eastman Chemical Company
• China National Petroleum Corporation (CNPC)
• Formosa Plastics Corporation
• Mitsubishi Chemical Corporation

The competitive landscape of the butadiene market is characterized by a mix of established players and emerging companies striving for market share. Major chemical companies like Shell Chemicals, INEOS, and LyondellBasell Industries dominate the market due to their extensive production capabilities and established distribution networks. These companies leverage their technological expertise and economies of scale to maintain competitive pricing and ensure consistent supply for their clients. Furthermore, the trend towards vertical integration among chemical manufacturers is becoming increasingly common, as companies seek to strengthen their supply chains and reduce dependency on third-party suppliers. This strategic approach not only enhances market resilience but also positions these companies to better respond to evolving market demands.

In addition to large chemical corporations, several companies are focusing on innovative technologies and sustainable practices to differentiate themselves within the market. Companies such as Braskem and LG Chem are investing heavily in bio-based production methods, capitalizing on the growing demand for sustainable materials. By developing bio-based butadiene and other green alternatives, these companies are positioning themselves as leaders in the sustainable chemistry sector. Moreover, the rising interest in recycling technologies is prompting companies to explore closed-loop processes, further enhancing their appeal to environmentally conscious consumers and businesses. As competition intensifies, the ability to innovate and adapt to changing market conditions will be paramount for companies seeking to secure their position in the butadiene market.

Key players in the butadiene market are also increasingly collaborating with research institutions and technology developers to drive innovation and improve production efficiencies. These partnerships facilitate the development of new technologies that aim to reduce environmental impact and enhance product performance. Companies such as ExxonMobil and Chevron Phillips are actively pursuing research initiatives aimed at improving traditional butadiene production processes while exploring alternative pathways. Additionally, the integration of digital technologies and automation into production facilities is streamlining operations and reducing costs, enabling companies to remain competitive in a rapidly evolving market. As the industry continues to embrace innovation and sustainability, the competitive landscape of the butadiene market is expected to undergo significant transformation, shaping the future of this critical sector.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 INEOS
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Sabic
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 BASF SE
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Rosneft
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Braskem S.A.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 LG Chem Ltd.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Shell Chemicals
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 ExxonMobil Chemical
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Eastman Chemical Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 LyondellBasell Industries
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Reliance Industries Limited
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Formosa Plastics Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Mitsubishi Chemical Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Chevron Phillips Chemical Company
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China National Petroleum Corporation (CNPC)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Butadiene Synthetic and Bio based Market, By Application
    • 6.1.1 Rubber
    • 6.1.2 Plastics
    • 6.1.3 Chemicals
    • 6.1.4 Textiles
    • 6.1.5 Others
  • 6.2 Butadiene Synthetic and Bio based Market, By Product Type
    • 6.2.1 Synthetic Butadiene
    • 6.2.2 Bio-based Butadiene
  • 6.3 Butadiene Synthetic and Bio based Market, By Use Industry
    • 6.3.1 Automotive
    • 6.3.2 Construction
    • 6.3.3 Packaging
    • 6.3.4 Electronics
    • 6.3.5 Others
  • 6.4 Butadiene Synthetic and Bio based Market, By Production Technology
    • 6.4.1 Steam Cracking
    • 6.4.2 Oxidative Dehydrogenation
    • 6.4.3 Biomass Conversion
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Butadiene Synthetic and Bio based Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Butadiene Synthetic and Bio based market is categorized based on

By Product Type

• Synthetic Butadiene
• Bio-based Butadiene

By Application

• Rubber
• Plastics
• Chemicals
• Textiles
• Others

By Production Technology

• Steam Cracking
• Oxidative Dehydrogenation
• Biomass Conversion
• Others

By Use Industry

• Automotive
• Construction
• Packaging
• Electronics
• Others

By Region

• Asia Pacific
• North America
• Latin America
• Europe
• Middle East & Africa

Key Players

• Shell Chemicals
• INEOS
• LyondellBasell Industries
• LG Chem Ltd.
• ExxonMobil Chemical
• Braskem S.A.
• Chevron Phillips Chemical Company
• Reliance Industries Limited
• Rosneft
• BASF SE
• Sabic
• Eastman Chemical Company
• China National Petroleum Corporation (CNPC)
• Formosa Plastics Corporation
• Mitsubishi Chemical Corporation