In 2021, the global market of butadiene was valued at 10.7 billion U.S. dollars. Over the next decade, this figure is forecast grow nearly fivefold, reaching 51.8 billion U.S. dollars by 2030. Butadiene is mainly used to produce synthetic rubbers for the manufacture of tyres or elastic bands, amongst other products.
Market size of butadiene worldwide in 2021, with a forecast until 2030
(in billion U.S. dollars)
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Market size in billion U.S. dollars
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* Forecast based on a CAGR of 19.15 percent from 2022 to 2030.
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Precedence Research. (December 9, 2022). Market size of butadiene worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1350306/butadiene-global-market-size/
Precedence Research. "Market size of butadiene worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars)." Chart. December 9, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1350306/butadiene-global-market-size/
Precedence Research. (2022). Market size of butadiene worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1350306/butadiene-global-market-size/
Precedence Research. "Market Size of Butadiene Worldwide in 2021, with a Forecast until 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 Dec 2022, https://www.statista.com/statistics/1350306/butadiene-global-market-size/
Precedence Research, Market size of butadiene worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350306/butadiene-global-market-size/ (last visited July 22, 2024)
Market size of butadiene worldwide in 2021, with a forecast until 2030 (in billion U.S. dollars) [Graph], Precedence Research, December 9, 2022. [Online]. Available: https://www.statista.com/statistics/1350306/butadiene-global-market-size/