The Global Butylenes Market was valued at USD 21.4 Billion in 2023 and is projected to reach USD 28.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period (2023–2030). This steady growth is fueled by robust demand from downstream sectors such as synthetic rubber, plastics, and fuel additives. Butylenes—including 1-Butene and 2-Butene—are critical building blocks for producing butadiene, methyl ethyl ketone (MEK), and butanol, with Asia-Pacific leading both consumption and production globally.

As the petrochemical industry adapts to evolving consumer demands and sustainability requirements, the key players in butylenes production are expanding capacities, investing in advanced extraction technologies, and exploring bio-based alternatives. In this report, we profile the Top 10 Companies in the Butylenes Market—a diverse group of chemical majors, refiners, and innovators shaping the global supply chain for these essential olefins.

🔟 1. ExxonMobil Chemical

Headquarters: Irving, Texas, USA
Key Offering: 1-Butene, 2-Butene, Isobutylene

ExxonMobil Chemical is a global leader in butylenes production, leveraging its integrated refining and chemical operations across multiple continents. Their butylenes serve as crucial feedstocks for high-value derivatives including polybutene, butyl rubber, and octane enhancers for gasoline.

Sustainability Initiatives:

• Developing advanced steam cracking processes for higher butylenes yield

• Investment in carbon capture and utilization (CCU) technologies

• Targeting 20% reduction in corporate greenhouse gas intensity by 2030

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9️⃣ 2. Shell Chemicals

Headquarters: London, United Kingdom
Key Offering: 1-Butene, 2-Butene, and specialty butylenes

Shell Chemicals operates world-scale ethylene crackers that co-produce significant volumes of butylenes. The company supplies these intermediates to both internal operations and external customers across the global petrochemical value chain.

Sustainability Initiatives:

• Pilot projects for bio-naphtha derived butylenes

• Commitment to net-zero emissions by 2050

8️⃣ 3. Chevron Phillips Chemical Company

Headquarters: The Woodlands, Texas, USA
Key Offering: High-purity 1-Butene for polyethylene comonomer applications

This joint venture between Chevron and Phillips 66 is a major producer of butylenes, particularly through its extensive network of ethylene production facilities. The company specializes in high-value chemical intermediates with global market presence.

Sustainability Initiatives:

• Advanced olefins conversion technology for butylene production optimization

• Partnerships in circular economy initiatives for plastics

7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: 1-Butene, 2-Butene, and isobutylene derivatives

BASF maintains significant butylenes production capacity through its integrated Verbund system in Europe and global production sites. Their butylenes are essential for producing antioxidants, plasticizers, and synthetic lubricants.

Sustainability Initiatives:

• Development of biomass-balanced butylenes for sustainable downstream products

• Target of €4 billion in sales from products with substantial sustainability advantages by 2025

6️⃣ 5. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: High-purity 1-Butene for LLDPE production

As one of the world’s largest plastics, chemicals, and refining companies, LyondellBasell produces substantial butylenes volumes from its global manufacturing network.

Sustainability Initiatives:

• Circulen portfolio incorporating recycled content in polymer production

• Global leadership in polyolefin technologies utilizing butylenes

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5️⃣ 6. INEOS

Headquarters: London, United Kingdom
Key Offering: 1-Butene, 2-Butene, and isobutylene

INEOS operates one of the world’s largest merchant butylenes businesses through its network of European production sites. The company specializes in high-purity butylenes for chemical synthesis and polymer applications.

Sustainability Initiatives:

• Investment in advanced steam cracking for optimal butylenes yield

• Development of next-generation catalysts for selective butylene production

4️⃣ 7. Sinopec Corp

Headquarters: Beijing, China
Key Offering: 1-Butene, 2-Butene, and MTBE feedstocks

As China’s largest integrated energy and chemical company, Sinopec is a dominant producer of butylenes in the Asia-Pacific region.

Sustainability Initiatives:

• Expansion of refining-petrochemical integration for optimized butylenes output.

  Sustainability Initiatives:

  • Pilot programs for bio-based butylenes production

  • Corporate carbon neutrality target by 2050

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  3️⃣ 8. SABIC

  Headquarters: Riyadh, Saudi Arabia
  Key Offering: High-purity 1-Butene and isobutylene

  SABIC leverages its extensive petrochemical assets in the Middle East to produce butylenes for regional and global markets.

  Sustainability Initiatives:

  • Strategic focus on chemical recycling technologies for circular butylenes

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  2️⃣ 9. Mitsui Chemicals, Inc.

  Headquarters: Tokyo, Japan
  Key Offering: High-purity 1-Butene for specialty polymers and chemicals

  Mitsui Chemicals maintains significant butylenes production capacity through its Japanese and international operations.

  Sustainability Initiatives:

  • Development of advanced separation technologies for butylene isomers

    Sustainability Initiatives:

    • Development of biomass-derived butylenes through proprietary catalytic processes

    • Target of carbon neutrality by 2050

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    1️⃣ 10. TOTAL Energies

    Headquarters: Paris, France
    Key Offering: 1-Butene, 2-Butene, and isobutylene

    TOTAL Energies operates integrated refining-petrochemical complexes in Europe and globally that produce substantial butylenes volumes.

    Sustainability Initiatives:

    • Investment in bio-refining projects for sustainable butylenes production.

      Sustainability Initiatives:

      • Commitment to net-zero emissions across operations by 2050

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      🌍 Outlook: The Future of Butylenes Market

      The global butylenes market is undergoing significant transformation as the chemical industry addresses sustainability challenges while meeting growing demand for polymer intermediates and specialty chemicals.

      📈 Key Trends Shaping the Market:

      • Growing demand for polybutene-1 in plumbing and packaging applications

      • Increasing focus on bio-based butylenes production pathways

      • Integration of digital technologies for process optimization and yield improvement

      • Expansion of downstream value chain integration for butylenes derivatives

      • Regulatory pressures driving adoption of cleaner production technologies

      The companies listed above represent the backbone of the global butylenes supply chain. Their strategic investments, technological innovations, and sustainability initiatives are shaping the future of this essential chemical intermediate market, balancing traditional production methods with emerging sustainable alternatives to meet evolving market demands and environmental standards.

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