Global Butene-1 Market Size By Type (Polyethylene Comonomer, Polybutene-1, Valeraldehyde, 1, 2-Butylene Oxide), By Geographic Scope And Forecast

Butene-1 Market Size And Forecast

Butene-1 Market size was valued at USD 681.54 Million in 2024 and is projected to reach USD 976.67 Million by 2031, growing at a CAGR of 4.6% from 2024 to 2031

Since there is an increasing need for plastic in many different applications worldwide, there will likely be a significant increase in the demand for polyethylene. Since 1-butene primarily produces polyethylene (LLDPE and HDPE), the Butene-1 Market is also anticipated to grow. The Global Butene-1 Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors playing a substantial role in the market.

Global Butene-1 Market Definition

The organic compound butene-1, which belongs to the alpha-olefin family, is a colorless, flammable gas. There are several ways to make 1-butene, including dehydrogenation of butane and ethylene, dimerization of ethylene, and the crude stream of C4 hydrocarbons and natural gas from refineries. 1-Butene is subsequently collected and transported as compressed liquefied gas.

The use of butane -1 as a co-monomer in the production of high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE), which are used to make toys, containers, pipes, bags, and other types of non-food packaging, as well as high-tear-strength resins for polyethylene/polypropylene, is significant. Valeraldehyde, polybutene, butadiene, butylene oxide, maleic anhydride, secondary butyl alcohol (SBA), and methyl ethyl ketone (MEK) are products made from 1-butene. Additionally, 1-butene is a precursor in synthesizing plasticizers, antioxidants, corrosion inhibitors, herbicides, and additives for hydraulic and lubricating lubricants.

Global Butene-1 Market Overview

Since there is an increasing need for plastic in many different applications worldwide, there will likely be a significant increase in the demand for polyethylene. Since 1-butene primarily produces polyethylene (LLDPE and HDPE), the Butene-1 Market is also anticipated to grow. In addition, polyethylene made from other co-monomers like octane-1 and hexane-1 exhibits the polymer’s developed properties compared to polyethylene made from 1-butene, which may result in a modest decline in market share.

However, the preference for production with favorable economics mitigates the market since 1-butene has a lower cost. Despite having many uses, polyethylene is non-biodegradable and has disposal problems. Hence the government promotes recycling plastic waste. Although such a breakdown cannot be easy given that new technologies are being researched and developed to produce bio-degradable polyethylene, which will create a significant opportunity for the manufacturers, this could eventually lead to the breakdown of the polyethylene market, which could have an impact on the market for 1-Butene.

Global Butene-1 Market Segmentation Analysis

The Global Butene-1 Market is Segmented on the basis of Type and Geography.

Butene-1 Market, By Type

• Polyethylene Comonomer
• Polybutene-1
• Valeraldehyde
• 1, 2-butylene oxide
• Others

Based on Type, the market is segmented into Polyethylene Comonomer, Polybutene-1, Valeraldehyde, 1, 2-butylene oxide, and Others. Polybutene-1 will hold the larger market share as it is used as a plasticizer, lubricant, and sealant in many industries, including automotive, consumer goods, as well as industrial applications. It is also used in adhesives, coatings, caulks, sealants, and in the production of rubber products.

Butene-1 Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Based on Regional Analysis, the Butene-1 Market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East and Africa. In terms of volume, Asia Pacific was the largest regional market, and it will continue to grow at the quickest CAGR between 2023 and 2030. The demand for automotive products is anticipated to soar in the region, which is projected to fuel product growth throughout the forecast period. Because of their increasing auto manufacturing, China, India, and Japan are among the top consumers of butene-1 in the Asia Pacific region.

Key Players

The “Global Butene-1 Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as SABIC, LyondellBasell Industries, Lorestan Petrochemical Co, Jam Petrochemical Company, Evonik Industries, Bangkok Synthetics Co., Ltd, Daelim, TPC Group, Shell Chemical, Exxon Mobil Corporation. 

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Butene-1 Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Butene-1 Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.