Butadiene Market Demand Analysis and Growth Potential by 2032
The global butadiene market was valued at USD 31.5 billion in 2024 and is projected to reach USD 44.11 billion by 2032, growing at a CAGR of 4.3% during the forecast period. Butadiene is a colorless and highly flammable organic compound widely used in the production of synthetic rubbers, plastics, and chemicals. It plays a critical role in industries such as automotive, construction, and consumer goods. Get a Free Sample Report - https://www.skyquestt.com/sample-request/butadiene-market Key Market Drivers - Automotive Industry Demand : The growing production of vehicles and the increasing demand for high-performance tires are major factors driving the consumption of butadiene-based synthetic rubbers like styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR). - Plastics and Polymers : Butadiene is an essential raw material for producing acrylonitrile-butadiene-styrene (ABS) and styrene-butadiene latex, both of which are widely used in the manufacturing of durable and ...