Emerging Markets in Synthetic & Bio-based Butadiene: Regional Growth Analysis
The synthetic & bio-based butadiene market was estimated at USD 23 billion in 2023 and is likely to grow at a CAGR of 4.96% during 2024-2030 to reach USD 32.33 billion in 2030.
Synthetic & bio-based butadiene is chemically known as 1,3-butadiene, which is a non-corrosive and colorless gas that condenses to a liquid form at -4.5°C and is produced commercially by refinement of crude butylene concentration stream.