The Global Butadiene and its Derivatives Market was valued at USD 42.15 Billion in 2024 and is projected to reach USD 57.32 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This robust growth is primarily driven by escalating demand from the automotive and construction sectors, particularly for tires and high-performance plastics, alongside significant advancements in bio-based production technologies.

As a fundamental building block of the petrochemical industry, butadiene is critical for producing synthetic rubbers and resins essential to modern manufacturing. Its derivatives, such as SBR, PBR, and ABS, are indispensable across global supply chains. In this blog, we profile the Top 10 Companies in the Butadiene and its Derivatives Industry—industry titans and innovative leaders who are shaping the material landscape through production scale, technological innovation, and strategic sustainability initiatives.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Acrylonitrile Butadiene Styrene (ABS)

BASF is a world-leading chemical company and a major global producer of butadiene derivatives. Its integrated production network ensures a stable supply of high-quality synthetic rubbers and plastics, catering to the automotive, construction, and consumer goods industries. The company’s focus on research and development drives innovation in product performance and sustainable manufacturing processes.

Sustainability Initiatives:

• Developing bio-based and mass balance approaches for butadiene derivatives
• Committed to achieving net-zero CO2 emissions by 2050
• Investing in circular economy solutions for plastics and rubber products

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9️⃣ 2. Sinopec Group (China Petroleum & Chemical Corporation)

Headquarters: Beijing, China
Key Offering: Butadiene, SBR, PBR, ABS Resins

As one of the largest integrated energy and chemical companies globally, Sinopec holds a commanding position in the Asian butadiene market. Its vast refining and petrochemical complex provides a significant portion of China’s domestic butadiene supply, which is crucial for the country’s massive manufacturing sector. Sinopec continuously expands its derivative capacity to meet robust local demand.

Sustainability Initiatives:

• Implementing energy-saving and emission-reduction technologies across operations
• Increasing investment in green chemical research and development
• Exploring carbon capture, utilization, and storage (CCUS) projects

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8️⃣ 3. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Specialty Elastomers, ABS, SB Latex

Dow is a key player in the performance materials segment, producing advanced butadiene-based elastomers and plastics. Its products are engineered for enhanced durability, flexibility, and sustainability, serving demanding applications in transportation, infrastructure, and packaging. Dow’s innovation pipeline focuses on creating solutions that support a lower-carbon future.

Sustainability Initiatives:

• Launching bio-attributed and circular feedstocks for derivative production
• Targeting carbon neutrality for its global operations by 2050
• Advancing recycling technologies for plastics and rubber

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7️⃣ 4. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Butyl Rubber, Halobutyl Rubber, Specialty Elastomers

ExxonMobil is a leading global producer of butyl and halobutyl rubbers, which are critical for manufacturing high-performance tires and pharmaceutical seals. With extensive feedstock integration from its upstream operations, the company maintains a strong competitive position. Its technological expertise in halogenation enables the production of advanced rubber grades with superior air retention properties.

Sustainability Initiatives:

• Developing advanced recycling technologies for plastic and rubber waste
• Reducing greenhouse gas emission intensity of operations
• Partnering with tire manufacturers to improve product lifecycle sustainability

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6️⃣ 5. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: Polybutadiene Rubber (PBR), Advanced Polymers

LyondellBasell is one of the largest plastics, chemicals, and refining companies globally, with a significant production footprint for butadiene and PBR. Its global manufacturing assets provide a reliable supply of high-quality derivatives used in tire manufacturing and impact-modified plastics. The company’s scale and technological capabilities make it a pivotal supplier to the global market.

Sustainability Initiatives:

• Scaling up production of circular and renewable-based polymers
• Achieving 100% carbon-neutral scope 2 electricity purchases in Europe
• Investing in molecular recycling technologies to transform plastic waste

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5️⃣ 6. Royal Dutch Shell

Headquarters: London, United Kingdom
Key Offering: Butadiene (C4) Stream, Chemical Feedstocks

Shell’s chemical division is a major producer of base chemicals, including butadiene extracted from its steam crackers. With a strategic focus on Performance Chemicals, Shell supplies essential feedstocks to the derivatives market. Its global integrated refining and chemical hubs ensure a steady supply chain for downstream manufacturers.

Sustainability Initiatives:

• Piloting bio-based routes to key chemical feedstocks
• Aiming to become a net-zero emissions energy business by 2050
• Developing carbon-efficient cracker technologies

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4️⃣ 7. Braskem

Headquarters: São Paulo, Brazil
Key Offering: Butadiene, SBR, Green EVA (using sugarcane ethanol)

Braskem is the largest petrochemical company in the Americas and a global leader in biopolymers. While a significant producer of conventional butadiene and derivatives, Braskem is renowned for its pioneering work in renewable chemicals. Its “I’m greenTM” portfolio demonstrates a strong commitment to sustainability, exploring bio-based pathways for traditional petrochemicals.

Sustainability Initiatives:

• World’s leading producer of biopolymers (green polyethylene)
• Active R&D in bio-butadiene production technologies
• Committed to carbon neutrality by 2050 and expanding circular economy portfolio

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Butadiene and its Derivatives Market – View in Detailed Research Report

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3️⃣ 8. China National Petroleum Corporation (CNPC)

Headquarters: Beijing, China
Key Offering: Butadiene, SBR, PBR

CNPC is a massive state-owned integrated energy company with substantial petrochemical operations. Through its subsidiary, PetroChina, it is a cornerstone of China’s domestic butadiene supply, feeding the nation’s vast synthetic rubber industry. Its extensive infrastructure and strategic partnerships reinforce its dominant market position in Asia.

Sustainability Initiatives:

• Investing in cleaner production technologies and efficiency improvements
• Developing green and low-carbon transformation roadmaps
• Expanding natural gas utilization to reduce carbon footprint

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2️⃣ 9. Formosa Petrochemical Corporation

Headquarters: Taipei, Taiwan
Key Offering: Butadiene, ABS, SBR

Formosa Plastics Group, through Formosa Petrochemical, is a major force in the Asian petrochemical landscape. It operates one of the world’s largest naphtha crackers, providing a substantial base for butadiene extraction. The company is a key supplier of ABS resins and synthetic rubbers to global electronics, appliance, and automotive markets.

Sustainability Initiatives:

• Implementing energy conservation and waste reduction programs
• Adopting advanced process controls to optimize efficiency
• Complying with evolving international environmental standards

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1️⃣ 10. Ineos

Headquarters: London, United Kingdom
Key Offering: Butadiene, ABS, Specialty Polymers

Ineos is a leading global chemical producer with a strong portfolio in butadiene and its key derivatives. The company’s acquisition of BP’s petrochemical business significantly expanded its footprint in aromatics and acetyls, strengthening its integrated value chain. Ineos is known for its operational excellence and strategic investments in competitive assets.

Sustainability Initiatives:

• Investing in electric cracker technology to reduce emissions
• Developing chemical recycling projects for plastic waste
• Committing to produce all products and operations in a sustainable manner

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Butadiene and its Derivatives Market – View in Detailed Research Report

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🌍 Outlook: The Future of Butadiene and its Derivatives Is Sustainable and Innovative

The butadiene and its derivatives market is at a pivotal juncture. While traditional petroleum-based production remains dominant, the industry is accelerating its transition toward bio-based alternatives, circular economy models, and enhanced material performance. The leading companies are not just suppliers; they are innovators driving the evolution of next-generation materials.

📈 Key Trends Shaping the Market:

• Accelerated R&D into bio-butadiene production from renewable feedstocks like sugarcane and biomass
• Growing demand for “green tires” featuring sustainable rubbers to improve fuel efficiency
• Expansion of ABS resin applications in electric vehicles, electronics, and lightweight construction
• Increased regulatory pressure and consumer demand for recyclable and sustainable material solutions

Read Full Report:
Butadiene and its Derivatives Market – View in Detailed Research Report

The top 10 companies profiled here are fundamental to global industrial supply chains—they are actively constructing the foundation for a more sustainable and efficient material world.