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Butadiene Market Size, Share and Forecast 2026-2036

The global butadiene market is worth USD 16.6 bn in 2026 and is forecast to reach USD 24.0 bn by 2036, growing at a 3.8% CAGR. China is the largest country market and Styrene-butadiene rubber is the largest by application segment.

USD 16.6 bnMarket size 2026
USD 24.0 bnForecast 2036
3.8%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global butadiene market is worth USD 16.6 bn in 2026 and is forecast to reach USD 24.0 bn by 2036, growing at a 3.8% CAGR. China is the largest country market and Styrene-butadiene rubber is the largest by application segment.

ScopeButadiene produced from steam cracking and on-purpose routes and sold into synthetic rubber, latex, ABS and nylon intermediate chains.
IndustryChemicals and Materials
Value 2025USD 16.0 bn
Value 2026USD 16.6 bn
Value 2036USD 24.0 bn
CAGR 2026-20363.8%
Volume 202614,888 thousand tonnes
Volume 203619,963 thousand tonnes
Average price 2026USD 1,112 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Butadiene market size and forecast, 2026-2036

Exhibit 1The global butadiene market is forecast to grow from USD 16.6 bn in 2026 to USD 24.0 bn by 2036, a rise of 45%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 3.8%
Butadiene market value, 2025 to 2036Market value by year. 2025: USD 16.0 bn; 2026: USD 16.6 bn; 2027: USD 17.2 bn; 2028: USD 17.8 bn; 2029: USD 18.5 bn; 2030: USD 19.2 bn; 2031: USD 20.0 bn; 2032: USD 20.7 bn; 2033: USD 21.5 bn; 2034: USD 22.3 bn; 2035: USD 23.2 bn; 2036: USD 24.0 bn. Compound annual growth rate 2026 to 2036: 3.8%.202516.6 bn202620.0 bn203124.0 bn20363.8% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 16.6 bn
2027USD 17.2 bn
2028USD 17.8 bn
2029USD 18.5 bn
2030USD 19.2 bn
2031USD 20.0 bn
2032USD 20.7 bn
2033USD 21.5 bn
2034USD 22.3 bn
2035USD 23.2 bn
2036USD 24.0 bn

Butadiene market segmentation

By application

Exhibit 2Styrene-butadiene rubber is the largest segment by application, with 28.0% of 2026 revenueEstimated share of 2026 global revenue, by application
Butadiene market share by application, 2026Share of 2026 revenue by application. Styrene-butadiene rubber: 28.0%; Polybutadiene rubber: 27.0%; Nitrile rubber and others: 20.0%; ABS and SAN resins: 13.0%; SB latex: 12.0%.Styrene-butadiene rubber28.0%Polybutadiene rubber27.0%Nitrile rubber and others20.0%ABS and SAN resins13.0%SB latex12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Polybutadiene rubber27.0%26.4%USD 4.5 bn3.6%
Styrene-butadiene rubber28.0%26.6%USD 4.6 bn3.3%
ABS and SAN resins13.0%12.1%USD 2.2 bn3.1%
SB latex12.0%12.6%USD 2.0 bn4.3%
Nitrile rubber and others20.0%22.2%USD 3.3 bn4.9%

By end use

Exhibit 3Tyres and automotive adds the most revenue by end use, growing from USD 9.1 bn in 2026 to USD 12.9 bn by 2036Estimated revenue in USD by end use, 2026 and 2036 forecast
Butadiene market by end use, 2026 and 2036Revenue by end use in 2026 and 2036. Tyres and automotive: USD 9.1 bn in 2026, USD 12.9 bn in 2036, change +42%; Plastics and consumer goods: USD 3.3 bn in 2026, USD 4.7 bn in 2036, change +43%; Paper, carpet and construction: USD 2.2 bn in 2026, USD 3.3 bn in 2036, change +53%; Other: USD 2.0 bn in 2026, USD 3.1 bn in 2036, change +57%.20262036 forecastChangeTyres and automotive+42%9.1 bn12.9 bnPlastics and consumer goods+43%3.3 bn4.7 bnPaper, carpet and construction+53%2.2 bn3.3 bnOther+57%2.0 bn3.1 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Tyres and automotive55.0%53.6%USD 9.1 bn3.5%
Plastics and consumer goods20.0%19.7%USD 3.3 bn3.6%
Paper, carpet and construction13.0%13.7%USD 2.2 bn4.3%
Other12.0%13.0%USD 2.0 bn4.6%

By source

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Steam cracker C4 extraction91.0%86.0%USD 15.1 bn3.2%
On-purpose dehydrogenation8.0%11.0%USD 1.3 bn7.2%
Bio-based1.0%3.0%USD 166 mn15.8%

By supply mode

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Captive and integrated58.0%55.0%USD 9.6 bn3.2%
Merchant contract30.0%30.0%USD 5.0 bn3.8%
Spot and traded12.0%15.0%USD 2.0 bn6.1%

By grade

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Polymer grade71.0%68.0%USD 11.8 bn3.4%
Chemical grade21.0%22.0%USD 3.5 bn4.3%
High-purity and specialty grade8.0%10.0%USD 1.3 bn6.1%

Top 25 countries for butadiene by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 79.5% of 2026 revenue and the 25 countries below together hold 94.2%.

Exhibit 4China is the largest country market at USD 6.3 bn in 2026, and the three largest countries hold 55.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Butadiene market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 6.3 bn, 38.0%; United States: USD 1.8 bn, 11.0%; South Korea: USD 994 mn, 6.0%; Japan: USD 828 mn, 5.0%; Germany: USD 745 mn, 4.5%; India: USD 745 mn, 4.5%; Taiwan: USD 580 mn, 3.5%; Thailand: USD 414 mn, 2.5%; Russia: USD 414 mn, 2.5%; Brazil: USD 331 mn, 2.0%.China6.3 bn 38.0%United States1.8 bn 11.0%South Korea994 mn 6.0%Japan828 mn 5.0%Germany745 mn 4.5%India745 mn 4.5%Taiwan580 mn 3.5%Thailand414 mn 2.5%Russia414 mn 2.5%Brazil331 mn 2.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 6.3 bn38.0%USD 9.8 bn4.5%
2United StatesUSD 1.8 bn11.0%USD 2.3 bn2.5%
3South KoreaUSD 994 mn6.0%USD 1.3 bn3.1%
4JapanUSD 828 mn5.0%USD 986 mn1.8%
5GermanyUSD 745 mn4.5%USD 914 mn2.1%
6IndiaUSD 745 mn4.5%USD 1.3 bn6.1%
7TaiwanUSD 580 mn3.5%USD 769 mn2.9%
8ThailandUSD 414 mn2.5%USD 625 mn4.2%
9RussiaUSD 414 mn2.5%USD 529 mn2.5%
10BrazilUSD 331 mn2.0%USD 481 mn3.8%
11NetherlandsUSD 215 mn1.3%USD 291 mn3.1%
12FranceUSD 202 mn1.2%USD 274 mn3.1%
13Saudi ArabiaUSD 202 mn1.2%USD 315 mn4.5%
14ItalyUSD 189 mn1.1%USD 255 mn3.0%
15SpainUSD 174 mn1.1%USD 255 mn3.9%
16MexicoUSD 174 mn1.1%USD 272 mn4.6%
17BelgiumUSD 161 mn1.0%USD 219 mn3.1%
18United KingdomUSD 161 mn1.0%USD 219 mn3.1%
19SingaporeUSD 161 mn1.0%USD 236 mn3.9%
20MalaysiaUSD 147 mn0.9%USD 231 mn4.6%
21TurkeyUSD 147 mn0.9%USD 231 mn4.6%
22IranUSD 134 mn0.8%USD 209 mn4.5%
23IndonesiaUSD 134 mn0.8%USD 224 mn5.2%
24PolandUSD 121 mn0.7%USD 176 mn3.8%
25CanadaUSD 121 mn0.7%USD 176 mn3.8%
Rest of worldUSD 952 mn5.8%USD 1.4 bn3.7%
Exhibit 5China and India account for 54% of the USD 7.5 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Butadiene market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 16.6 bn. China: +USD 3.5 bn; India: +USD 601 mn; United States: +USD 511 mn; South Korea: +USD 353 mn; Thailand: +USD 211 mn; 20 other countries: +USD 1.9 bn; Rest of world: +USD 421 mn. Market value 2036: USD 24.0 bn.Market value 202616.6 bnChina+3.5 bnIndia+601 mnUnited States+511 mnSouth Korea+353 mnThailand+211 mn20 other countries+1.9 bnRest of world+421 mnMarket value 203624.0 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Sinopec
  • LyondellBasell
  • SABIC
  • ExxonMobil
  • Shell
  • TotalEnergies
  • Dow

Group 2: Regional and specialist players

  • LG Chem
  • Braskem
  • Versalis
  • Reliance Industries
  • Lotte Chemical
  • INEOS
  • Evonik
  • Zeon
  • Kumho Petrochemical

Group 3: Emerging and niche players

  • Sibur
  • Nizhnekamskneftekhim
  • Formosa Plastics
  • Haldia Petrochemicals
  • PTT Global Chemical
  • Idemitsu Kosan

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the butadiene market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 3.8% is calculated from the resulting values.

The market is divided by application, by end use, by source, by supply mode, by grade. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the butadiene market?

The global butadiene market is estimated at USD 16.0 bn in 2025 and USD 16.6 bn in 2026.

How fast will the butadiene market grow?

It is forecast to reach USD 24.0 bn by 2036, a compound annual growth rate of 3.8% from 2026, an increase of USD 7.5 bn.

Which country is the largest market for butadiene?

China is the largest market by revenue at USD 6.3 bn in 2026, 38.0% of the global total. The three largest countries together hold 55.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 6.1% a year from 2026 to 2036.

Which butadiene segment is largest?

In the by application split, Styrene-butadiene rubber is the largest segment with 28.0% of 2026 revenue.

Who are the leading butadiene companies?

Global leaders include Sinopec, LyondellBasell, SABIC, ExxonMobil.

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