Global Bio-Butadiene Market 2024-2030

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    BIO-BUTADIENE MARKET

     

    INTRODUCTION

     

    Butadiene is an organic compound that is commonly used in the manufacture of synthetic rubber and plastics. It is a colorless, flammable gas with a sweet odor.

     

    Butadiene is a highly reactive compound and is used as a monomer in the production of synthetic rubber and plastics, such as polybutadiene, styrene-butadiene rubber, and acrylonitrile-butadiene-styrene. It is also used in the production of lubricants, adhesives, and sealants.

     

    Butadiene is naturally produced in small amounts by some plants and animals and is an important product of the combustion of organic matter.

     

    It is also produced commercially through the catalytic cracking of petroleum fractions. Butadiene is produced by the thermal decomposition of butene’s and isomerization of butanes.

     

    Butadiene has several industrial applications, including the production of synthetic rubbers, plastics, and lubricants.

     

    In the rubber industry, it is used to produce synthetic rubber, such as styrene-butadiene rubber and polybutadiene.

     

    It is also used in the production of plastics, such as acrylonitrile-butadiene-styrene and polyvinyl chloride. In the lubricants industry, it is used to produce lubricants and greases.

     

    Butadiene is a hazardous substance and can be toxic if inhaled or ingested. It is also a flammable gas and should be handled with caution.

     

    It is important to use appropriate protective equipment when working with butadiene. Overall, butadiene is a versatile and important organic compound that is used in the manufacture of synthetic rubber and plastics, lubricants, and adhesives. It is a highly reactive compound and must be handled with caution.

     

    BIO-BUTADIENE MARKET SIZE AND FORECAST

     

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    The Global Bio-Butadiene market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    BIO-BUTADIENCE MARKET RECENT PARTNERSHIP

     

    In order to advance the field of bio-butadiene technology, Synthes S.A. partnered with Lummus Green Circle. The Parties started a feasibility study for a 20,000-ton-per-year bio-butadiene facility. As a top provider of synthetic rubber for tires and the manufacturing of technical rubber goods, Synthes is currently focused on sourcing synthetic rubber from raw materials that are renewable.

     

    By converting bio ethanol into bio-butadiene, this is made feasible. The Synthes Group strategy presupposes the development of a product portfolio with grades that are resource-efficient, sustainable, and have a low environmental impact.

     

    The expansion of Synthes’ product line is mostly driven by sustainability. Synthes is pleased to offer premium synthetic rubber grades made from sustainable raw resources to meet the demands of its expanding clientele.

     

    In the realm of bio-butadiene, Synthes is among the pioneers worldwide. Long before the European Green Deal’s underlying presumptions were established, they began investigating the manufacturing of butadiene from renewable resources.

     

    The business began the next stage of its technological growth as a result of the encouraging outcomes. Currently, Synthes is depending on Lummus Green Circle’s dedication and experience.

     

    To help Synthes achieve its objectives of investing in more environmentally friendly bio-rubbers and bringing this exciting technology to market, they look forward to working with them. Lummus’ larger goals and tactics to decarbonize and circularize the industry are in line with this.

     

    Lummus Technology owns a company called Green Circle, which is dedicated to using technology to promote the circular economy and energy transition. With the help of Green Circle and Synthes, an industrial technology for producing bio-butadiene from bio-ethanol will be developed.

     

    This technology will be based on the research conducted by Synthes and the experience of Lummus in scaling and commercializing such technologies. Manufacturers of specialist rubber goods and tires have long anticipated bio-butadiene based rubbers. In order to adhere to the principles of sustainable development, one must look for renewable raw resources to substitute those derived from fossil fuels.

     

    THIS BIO-BUTADIENCE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Bio-Butadiene are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Bio-Butadiene and key vendor selection criteria
    3. Where is the Bio-Butadiene manufactured? What is the average margin per unit?
    4. Market share of Global Bio-Butadiene market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Bio-Butadiene in-house
    6. key predictions for next 5 years in Global Bio-Butadiene market
    7. Average B-2-B Bio-Butadiene market price in all segments
    8. Latest trends in Bio-Butadiene market, by every market segment
    9. The market size (both volume and value) of the Bio-Butadiene market in 2024-2030 and every year in between?
    10. Production breakup of Bio-Butadiene market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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