Bio-Butadiene Market Size - By Type (Laboratory Grade, Industrial Grade), By Application (Styrene-Butadiene Rubber (SBR), Styrene-Butadiene Latex (SBL)) and By Region: Global Forecast, 2024 – 2033

  • 2023-12-20
  • 219
  • Chemicals & Materials

Market Overview

Bio-Butadiene Market is on track to hit a value of USD 18.1 Billion by 2024, showcasing a consistently upward growth trend. As we look toward the future, the market is anticipated to achieve a notable value of USD 25.2 Billion by 2033, maintaining a robust Compound Annual Growth Rate (CAGR) of 4.1% from 2024 to 2033. This projection highlights the enduring momentum of the Bio-Butadiene Market, solidifying its position as a key player in the dynamic realm of sustainable chemical solutions. Brace yourself for a market that continues to drive progress in the bio-based butadiene sector.


SOURCE: We Market Research

The term bio-butadiene describes butadiene that is made using renewable or biological resources as opposed to conventional petrochemical methods. It is an essential component of plastics, synthetic rubbers, and other materials. This sustainable substitute is produced by fermentation or biochemical conversion techniques from biomass sources such as sugars, plants, or agricultural waste. When compared to its petroleum-derived cousin, the manufacture of butadiene derived from biomass has a lower carbon footprint, which helps the chemical sector become more environmentally friendly. Bio-butadiene is a renewable feedstock that is essential to promoting a more sustainable and environmentally friendly future for a range of industrial applications.

The bio-butadiene business is driven by several key variables. First off, the increasing focus on sustainability and environmental challenges, which promotes the transition from fossil fuels to renewable resources, is what drives the need for bio-based alternatives. Market expansion is also supported by government legislation and policies that support bio-based products. The need for a dependable, cost-effective supply chain and the volatility of crude oil prices are two further factors driving the adoption of bio-butadiene. Furthermore, the development of new technologies for biomass conversion procedures through partnerships between corporations and academic institutions supports market expansion. The market for bio-butadiene is primarily being driven by the overall trend toward sustainability, support from the government, cost stability, and technological advancements.

Market Scope

Report Attributes


Market Size in 2024

USD 18.1 Billion

Market Forecast in 2033

USD 25.2 Billion

CAGR % 2024-2033


Base Year


Historic Data


Forecast Period


Report USP


Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Growth Drivers

Increasing awareness and demand for sustainable and eco-friendly products have led to a surge in the adoption of bio-based alternatives. Bio-butadiene, derived from renewable sources, aligns with the global push for more sustainable chemical solutions.

Supportive government policies and initiatives promoting the use of bio-based materials in various industries contribute significantly to the growth of the bio-butadiene market. Incentives and regulations favoring sustainable practices enhance market prospects.

Ongoing advancements in biotechnological processes and bioengineering contribute to the development of more efficient and cost-effective methods for producing bio-based butadiene, fostering market growth.

Segments Covered

By Type, By Application and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Bio-Butadiene Industry: Dynamics & Restrains

Market Drivers

Sustainability Initiatives – The Bio-Butadiene Market will only expand if sustainability-focused initiatives are implemented. Bio-Butadiene, derived from renewable biomass sources, is less harmful to the environment than its petroleum-based counterpart, which is why it is being sought after by people all over the world as an environmentally friendly alternative. Thanks to these efforts, research, innovation, and investment are driving the development and commercialization of bio-based materials. Strict regulations that encourage sustainable corporate practices and growing customer demand for eco-friendly products are driving the bio-butadiene market higher. Its decreased environmental effect and renewable sourcing, which align with global sustainability goals and promote a shift towards more ecologically conscious and greener material choices, facilitate its adoption and expansion across industries.

Technological Advancements - Technological developments are a major factor driving the Bio-Butadiene market's growth. Advanced biotechnology and biorefining process innovations allow for more effective butadiene extraction from renewable feedstocks. Technological advances in catalysts and production methods raise yields while cutting prices, enabling the commercial viability of bio-based butadiene. Furthermore, the development of new techniques like microbial fermentation and bioengineering is fueled by advances in sustainability-focused research, which increases the viability and scalability of bio-derived butadiene. These technical advancements transform production, supporting the market's expansion by providing environmentally friendly substitutes and meeting the growing need for sustainable materials across a range of industries.

Market Restrains

Infrastructure and Distribution Challenges - The distribution and infrastructure issues provide serious obstacles to the bio-butadiene sector. Scalability and economic efficacy of bio-based feedstocks are hindered by a lack of infrastructure for their scale production and refinement. Furthermore, the reach and effectiveness of the distribution network for bio-based products are frequently inferior to those of conventional petroleum-derived commodities. Market penetration is further hampered by inconsistent logistics, including storage and transportation. These obstacles raise production costs and restrict availability, which prevents Bio-Butadiene from being widely used. To overcome these obstacles and facilitate a smoother integration of bio-based substitutes into diverse industries, it is imperative to address these infrastructural deficiencies and optimize distribution networks.

Bio-Butadiene Segmentation

Market- By Type Analysis

By Type, the Bio-Butadiene Market is Categories into Laboratory Grade, Industrial Grade. The Industrial Grade segment accounts for the largest share of around 86% in 2022.

The need for large-scale production in industries like plastics and rubber drives the demand for industrial-grade bio-butadiene. Cost-effectiveness, reliable supply chains, and suitability for material synthesis in sectors like manufacturing are some of the reasons for the rising demand.

The following segments are part of an in-depth analysis of the global Bio-Butadiene Market:

Market Segments


By Application

·         Styrene-Butadiene Rubber (SBR)

·         Styrene-Butadiene Latex (SBL)

Bio-Butadiene Industry: Regional Analysis

Asia Pacific Market Forecast

Asia Pacific dominate the Bio-Butadiene Market with the highest revenue generating market with share of more than 47%. The Asia-Pacific region is largest rate of growth in the bio-butadiene market due to factors such as rising industrialization, heightened vehicle manufacturing, and a shift towards environmentally friendly materials in countries like China, India, and Japan. The quantity of feedstock for bio-based materials and the government's encouraging policies drive market expansion.

North America Market Statistics

North America is the second-largest market for Bio-Butadiene. The market for bio-butadiene in North America is primarily propelled by stringent environmental laws, an increasing focus on sustainability, and the existence of significant industry participants investing in bio-based alternatives. A further factor contributing to this market rise has been growing consumer awareness of eco-friendly products.

Europe Market Forecasts

Europe is expected to be the fastest-growing market for Bio-Butadiene during the forecast period. The Bio-Butadiene Market has expanded as a result of Europe's initiative in environmental policies and government programs. As the region is placing a strong emphasis on reducing carbon emissions and creating renewable resources, the use of bio-based materials has increased. The government's grants and incentives for bio-based projects are another factor driving market growth.

Key Market Players

The Bio-Butadiene Market is dominated by a few large companies, such as

·         Braskem

·         Genomatica & Versalis

·         Biokemik

·         LanzaTech & Invista

·         Synthos

·         Michelin

·         Pirelli

·         Bridgestone

·         SABIC

·         Evonik

·         Others

Recent Developments:

·         October 2023, Genomatica Announced a successful pilot plant demonstration of their bio-butadiene production technology, achieving target yields and purities.


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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).


The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.

Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Bio-Butadiene Market in 2022?

Bio-Butadiene Market was valued at USD 17.3 Billion in 2022.

What is the growth rate for the Bio-Butadiene Market?

Bio-Butadiene Market size will increase at approximate CAGR of 4.1% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Bio-Butadiene Market are Braskem, Genomatica & Versalis, Biokemik, LanzaTech & Invista, Synthos, Michelin, Pirelli, Bridgestone, SABIC, Evonik and Others.

Which region dominates the Bio-Butadiene Market?

Asia-Pacific dominates the market with an active share of 47%.


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