Top 10 Companies in the Butene?1 from Raffinate?2 Market (2026): Market Leaders Driving Global Chemical Supply

In Business Insights
July 18, 2026


MARKET INTELLIGENCE OVERVIEW

Butene from Raffinate Market Insights

Global butene from raffinate market was valued at USD 785 million in 2025. The market is projected to grow from USD 792 million in 2026 to USD 1,225 million by 2034, exhibiting a CAGR of 6.5% during the forecast period. Butene, primarily 1‑butene and 2‑butene, is derived as a valuable by‑product of the ethylene raffinate stream and serves as a key feedstock for polymers, synthetic rubbers, and specialty chemicals.

📊
Current Market Size
785

USD Mn

2025 Value

📈
CAGR
6.5%

2026–2034

🎯
Forecast Market Size
1,225

USD Mn

By 2034

Strategic Market Outlook
Long-Term Industry Perspective
Butene from raffinate continues benefiting from rising demand for polymer intermediates, expansion of downstream petrochemical hubs, and growing adoption of lightweight material applications across automotive and packaging sectors.

🌐
Leading Region
North America

🌍
Emerging Region
Asia-Pacific



Butene?1 from Raffinate?2 Market – View in Detailed Research Report

The global market for butene extracted from raffinate streams was valued at USD 785 million in 2025, reflecting a steady uptake of this C4 monomer across the polymer and rubber sectors.

Butene is primarily 1‑butene and 2‑butene, produced as a by‑product during the separation of ethylene raffinate. Its high reactivity and low viscosity make it a preferred feedstock for polybutene production, which in turn is used in high‑performance elastomers, adhesives, and specialty polymers.

Top 10 Companies in the Butene?1 from Raffinate?2 Market (2026)

🔟 10. BP (BP Energy)

Headquarters: London, United Kingdom
Key Offering: 1‑butene, 2‑butene, and downstream polymer intermediates

BP has leveraged its extensive refining network to integrate butene extraction units, positioning itself as a reliable supplier for the polymer industry. The company’s focus on process integration has reduced upstream energy consumption and improved product purity.

Sustainability & Growth Initiatives:

  • Investment in low‑carbon fractionation technology
  • Partnerships with polymer manufacturers to secure long‑term supply contracts
  • Commitment to carbon‑neutral operations by 2050

9️⃣ 9. TotalEnergies

Headquarters: Paris, France
Key Offering: 1‑butene, 2‑butene, and specialty rubber precursors

TotalEnergies has expanded its refinery footprint in Europe, enabling higher throughput of raffinate streams. The company’s focus on precision cracking has delivered consistent product quality for downstream elastomer production.

Sustainability & Growth Initiatives:

  • Deployment of advanced desulfurization units
  • Collaboration with automotive OEMs on lightweight material supply chains
  • Targeted reduction of CO₂ intensity by 15 % by 2035

8️⃣ 8. ExxonMobil

Headquarters: Irving, Texas, USA
Key Offering: 1‑butene, 2‑butene, and advanced polymer intermediates

ExxonMobil’s integrated petrochemical complexes provide a robust supply chain for butene. The company’s dedicated fractionation units ensure high purity and consistent feedstock for polymer manufacturers.

Sustainability & Growth Initiatives:

  • Investment in carbon capture and utilization projects
  • Partnerships with synthetic rubber producers to secure long‑term contracts
  • Commitment to net‑zero emissions by 2050

7️⃣ 7. Shell

Headquarters: The Hague, Netherlands
Key Offering: 1‑butene, 2‑butene, and specialty polymer feedstock

Shell’s extensive global refinery network allows it to capture raffinate streams efficiently, providing a stable supply of butene to downstream customers. The company’s focus on process optimization has driven cost efficiencies.

Sustainability & Growth Initiatives:

  • Integration of renewable feedstocks into raffinate streams
  • Collaboration with automotive manufacturers on low‑carbon elastomers
  • Reduction of CO₂ intensity by 20 % by 2030

6️⃣ 6. LyondellBasell

Headquarters: The Hague, Netherlands
Key Offering: 1‑butene, 2‑butene, and advanced polymer intermediates

LyondellBasell’s integrated refining and petrochemical operations enable high‑yield extraction of butene. The company’s focus on product quality has made it a preferred supplier for polybutene production.

Sustainability & Growth Initiatives:

  • Implementation of advanced catalytic cracking units
  • Partnerships with polymer manufacturers to secure long‑term supply agreements
  • Commitment to reducing greenhouse gas emissions by 25 % by 2035

5️⃣ 5. INEOS

Headquarters: London, United Kingdom
Key Offering: 1‑butene, 2‑butene, and specialty rubber feedstock

INEOS has invested in modular fractionation units that tap into local refinery raffinate, enabling it to serve niche applications such as high‑performance elastomers and specialty adhesives.

Sustainability & Growth Initiatives:

  • Deployment of low‑energy fractionation technology
  • Collaboration with downstream converters for joint R&D
  • Targeted reduction of energy intensity by 10 % by 2030

4️⃣ 4. Borealis

Headquarters: Vienna, Austria
Key Offering: 1‑butene, 2‑butene, and specialty polymer intermediates

Borealis has built a reputation for delivering high‑purity butene to the European polymer market. Its focus on product quality has driven customer loyalty among polymer manufacturers.

Sustainability & Growth Initiatives:

  • Investment in renewable feedstock conversion units
  • Partnerships with automotive OEMs for lightweight elastomer supply
  • Reduction of CO₂ emissions by 15 % by 2035

3️⃣ 3. Formosa Plastics

Headquarters: Kaohsiung, Taiwan
Key Offering: 1‑butene, 2‑butene, and specialty rubber feedstock

Formosa Plastics has leveraged its strong petrochemical network to capture raffinate streams, providing a reliable supply of butene for the Asian polymer market.

Sustainability & Growth Initiatives:

  • Investment in low‑energy fractionation units
  • Collaboration with downstream converters for joint R&D
  • Commitment to reducing energy intensity by 20 % by 2030

2️⃣ 2. Sinopec

Headquarters: Beijing, China
Key Offering: 1‑butene, 2‑butene, and specialty polymer intermediates

Sinopec has expanded its refinery capacity to capture raffinate streams, providing a stable supply of butene for the Chinese polymer market.

Sustainability & Growth Initiatives:

  • Implementation of low‑energy fractionation technology
  • Collaboration with downstream converters for joint R&D
  • Targeted reduction of CO₂ emissions by 15 % by 2035

1️⃣ 1. PetroChina

Headquarters: Beijing, China
Key Offering: 1‑butene, 2‑butene, and specialty polymer intermediates

PetroChina has leveraged its refinery network to capture raffinate streams, providing a reliable supply of butene for the Chinese polymer market.

Sustainability & Growth Initiatives:

  • Investment in low‑energy fractionation units
  • Collaboration with downstream converters for joint R&D
  • Commitment to reducing energy intensity by 20 % by 2030



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🌍 Outlook: The Future of Butene from Raffinate?2 Market

The market is poised to benefit from sustained demand for high‑performance polymers and synthetic rubbers. Expansion of downstream petrochemical hubs in North America and Asia-Pacific, coupled with increasing adoption of lightweight materials in automotive and packaging, will reinforce the need for high‑purity butene.

📈 Future Trends Shaping the Market

  • Integration of advanced catalytic processes to improve butene selectivity and reduce energy consumption.
  • Strategic partnerships between refinery operators and polymer manufacturers to secure long‑term supply contracts.
  • Adoption of low‑carbon feedstock pathways, including bio‑derived raffinate streams, to meet tightening environmental regulations.
  • Expansion of downstream synthetic rubber capacity, particularly in emerging markets, driving up raffinate throughput.
  • Digitalization of supply chains for better demand forecasting and inventory management.