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Bio-Butadiene Market Share

Report ID: GMI10508
Published Date: Jul 2024
Report Format: PDF

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Bio-Butadiene Market Share

The bio-butadiene industry features a fragmented competitive landscape with several key players vying for market share. Biokemik, a specialized biochemical firm, is dedicated to advancing innovative methods for bio-butadiene production. Their efforts are concentrated on enhancing fermentation techniques to derive bio-butadiene from renewable feedstocks. Evonik Industries, a German company specializing in specialty chemicals, has expressed interest in bio-butadiene as a component of its strategy to broaden its portfolio of bio-based products. They are actively pursuing partnerships and research collaborations to make progress in this area.

Additionally, SABIC, Synthos and Braskem contribute to the competitive landscape with their research & development and technological capabilities. Overall, the market remains fragmented, characterized by diverse players offering innovative solutions to reduce the environmental impact.

Bio-Butadiene Market Companies

Major players operating in the bio-butadiene industry include:

SABIC
Axens
Biokemik
Braskem
ETB Catalytic Technologies
Evonik Industries
IFPEN
Synthos
Trinseo
Zeon Corporation

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Bio-butadiene market was valued at USD 50.2 million in 2023 and is anticipated to register over 10.4% CAGR between 2024 and 2032 owing to environmental regulations and sustainability.

The industrial grade segment in the bio butadiene market held USD 41.2 million in 2023 and is expected to cross over USD 99.2 million by 2032 due to its extensive use in manufacturing processes across various industries.

North America bio butadiene market generated over USD 17 million in 2023 due to advanced technology, strong sustainability focus, and a robust industrial base.

SABIC, Axens, Biokemik, Braskem, ETB Catalytic Technologies, Evonik Industries, IFPEN, Synthos , Trinseo, and Zeon Corporation among others.