Global Bio-polybutadiene Market Size Study by Production Method, Application, End User Sector, Formulation Type, Quality Grade, and Regional Forecasts 2022-2032

Description

The Global Bio-polybutadiene Market, valued at approximately USD 0.83 billion in 2023, is projected to grow at an impressive compound annual growth rate (CAGR) of 10.94% over the forecast period 2024-2032.Bio-polybutadiene is gaining traction as a sustainable and high-performance elastomer, integral to industries such as automotive, consumer goods, and healthcare. Derived through advanced bio-based synthesis or conventional petrochemical processes, bio-polybutadiene provides a critical solution to the demand for environmentally friendly and durable materials.

The growing shift towards sustainability and the adoption of bio-based solutions is reshaping the landscape of polymer industries. Bio-polybutadiene, offering enhanced mechanical properties and reduced environmental footprints, is finding increasing utility in automotive tires, adhesives, and sealants. The rapid advancement in bio-synthesis technologies has further streamlined production, enabling the material to meet stringent quality requirements for high-performance applications, including healthcare and consumer electronics.

The burgeoning adoption of bio-polybutadiene is fueled by its multifaceted applications and significant advancements in production methodologies. The automotive industry's drive for lightweight, energy-efficient, and durable materials positions bio-polybutadiene as a critical resource. Additionally, its compatibility with high-performance grades makes it a preferred choice for industrial and healthcare applications. However, the market's expansion faces challenges, including fluctuating raw material costs and the complexity of scaling bio-based production processes to meet increasing demand.

Regionally, the Bio-polybutadiene Market exhibits promising growth patterns. North America dominates the market with robust R&D investments and the presence of major players. Europe follows, benefiting from stringent sustainability mandates and a strong industrial base. Meanwhile, the Asia-Pacific region is anticipated to experience the fastest growth, driven by rapid industrialization, an expanding automotive sector, and heightened environmental awareness in countries like China and India.

Major market players included in this report are:

BASF SE
Synthos S.A.
LANXESS AG
Trinseo S.A.
Dow Inc.
SABIC
Kumho Petrochemical Co., Ltd.
Evonik Industries AG
LG Chem Ltd.
Asahi Kasei Corporation
Nizhnekamskneftekhim PJSC
Goodyear Tire & Rubber Company
Sumitomo Chemical Co., Ltd.
Versalis S.p.A.
Bridgestone Corporation

The detailed segments and sub-segment of the market are explained below:

By Production Method:

Bio-based Synthesis
Conventional Petrochemical Processes

By Application:

Automotive Tires
Adhesives and Sealants
Consumer Goods
Industrial Products

By End User Sector:

Automotive Industry
Construction Industry
Consumer Electronics
Healthcare

By Formulation Type:

Solid
Liquid

By Quality Grade:

Standard Grade
High-performance Grade

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market estimates and forecasts for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscapes with country-level insights.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Comprehensive evaluation of competitive structures and market dynamics.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Bio-polybutadiene Market Executive Summary

1.1. Global Bio-polybutadiene Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Production Method
  - 1.3.1.1. Bio-based Synthesis
  - 1.3.1.2. Conventional Petrochemical Processes
- 1.3.2. By Application
  - 1.3.2.1. Automotive Tires
  - 1.3.2.2. Adhesives and Sealants
  - 1.3.2.3. Consumer Goods
  - 1.3.2.4. Industrial Products
- 1.3.3. By End User Sector
  - 1.3.3.1. Automotive Industry
  - 1.3.3.2. Construction Industry
  - 1.3.3.3. Consumer Electronics
  - 1.3.3.4. Healthcare
- 1.3.4. By Formulation Type
  - 1.3.4.1. Solid
  - 1.3.4.2. Liquid
- 1.3.5. By Quality Grade
  - 1.3.5.1. Standard Grade
  - 1.3.5.2. High-performance Grade
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Bio-polybutadiene Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Bio-polybutadiene Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand in Key Applications
- 3.1.2. Technological Advancements in Production Methodologies
- 3.1.3. Regulatory Support for Sustainable Materials
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Costs
- 3.2.2. Complexity in Scaling Production Processes
3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Markets
- 3.3.2. Development of Eco-Friendly Formulations
- 3.3.3. Growth in High-performance Applications

Chapter 4. Global Bio-polybutadiene Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Bio-polybutadiene Market Size & Forecasts by Production Method 2022-2032

5.1. Segment Dashboard
5.2. Global Bio-polybutadiene Market: Production Method Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Bio-based Synthesis
- 5.2.2. Conventional Petrochemical Processes

Chapter 6. Global Bio-polybutadiene Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Bio-polybutadiene Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Automotive Tires
- 6.2.2. Adhesives and Sealants
- 6.2.3. Consumer Goods
- 6.2.4. Industrial Products

Chapter 7. Global Bio-polybutadiene Market Size & Forecasts by End User Sector 2022-2032

7.1. Segment Dashboard
7.2. Global Bio-polybutadiene Market: End User Sector Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Automotive Industry
- 7.2.2. Construction Industry
- 7.2.3. Consumer Electronics
- 7.2.4. Healthcare

Chapter 8. Global Bio-polybutadiene Market Size & Forecasts by Formulation Type 2022-2032

8.1. Segment Dashboard
8.2. Global Bio-polybutadiene Market: Formulation Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. Solid
- 8.2.2. Liquid

Chapter 9. Global Bio-polybutadiene Market Size & Forecasts by Quality Grade 2022-2032

9.1. Segment Dashboard
9.2. Global Bio-polybutadiene Market: Quality Grade Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 9.2.1. Standard Grade
- 9.2.2. High-performance Grade

Chapter 10. Global Bio-polybutadiene Market Size & Forecasts by Region 2022-2032

10.1. North America Bio-polybutadiene Market
- 10.1.1. U.S. Bio-polybutadiene Market
  - 10.1.1.1. Applications Breakdown Size & Forecasts, 2022-2032
  - 10.1.1.2. Production Method Breakdown Size & Forecasts, 2022-2032
- 10.1.2. Canada Bio-polybutadiene Market
10.2. Europe Bio-polybutadiene Market
- 10.2.1. UK Bio-polybutadiene Market
- 10.2.2. Germany Bio-polybutadiene Market
- 10.2.3. France Bio-polybutadiene Market
- 10.2.4. Spain Bio-polybutadiene Market
- 10.2.5. Italy Bio-polybutadiene Market
- 10.2.6. Rest of Europe Bio-polybutadiene Market
10.3. Asia-Pacific Bio-polybutadiene Market
- 10.3.1. China Bio-polybutadiene Market
- 10.3.2. India Bio-polybutadiene Market
- 10.3.3. Japan Bio-polybutadiene Market
- 10.3.4. Australia Bio-polybutadiene Market
- 10.3.5. South Korea Bio-polybutadiene Market
- 10.3.6. Rest of Asia Pacific Bio-polybutadiene Market
10.4. Latin America Bio-polybutadiene Market
- 10.4.1. Brazil Bio-polybutadiene Market
- 10.4.2. Mexico Bio-polybutadiene Market
- 10.4.3. Rest of Latin America Bio-polybutadiene Market
10.5. Middle East & Africa Bio-polybutadiene Market
- 10.5.1. Saudi Arabia Bio-polybutadiene Market
- 10.5.2. South Africa Bio-polybutadiene Market
- 10.5.3. Rest of Middle East & Africa Bio-polybutadiene Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. BASF SE
- 11.1.2. Synthos S.A.
- 11.1.3. LANXESS AG
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. BASF SE
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Market Strategies
- 11.3.2. Synthos S.A.
- 11.3.3. LANXESS AG
- 11.3.4. Trinseo S.A.
- 11.3.5. Dow Inc.
- 11.3.6. SABIC
- 11.3.7. Kumho Petrochemical Co., Ltd.
- 11.3.8. Evonik Industries AG
- 11.3.9. LG Chem Ltd.
- 11.3.10. Asahi Kasei Corporation
- 11.3.11. Nizhnekamskneftekhim PJSC
- 11.3.12. Goodyear Tire & Rubber Company
- 11.3.13. Sumitomo Chemical Co., Ltd.
- 11.3.14. Versalis S.p.A.
- 11.3.15. Bridgestone Corporation

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes