Prismane

Butene-1 Demand Analysis, By Types, By Applications [Polyethylene Co-monomer (LLDPE, HDPE), Valeraldehyde, Polybutene-1, 1,2-Butylene Oxide, Others] & Forecast Analysis, 2032

Butene-1 Market Overview

The global Butene-1 Market Size is projected to grow from USD 3.3 Billion in 2023 to USD 4.2 Billion by 2032, registering a CAGR of 3.4%. The rising demand for Butene-1 for applications such as Polyethylene Comonomer, Valeradehyde, Polybutene-1, 1,2-Butylene Oxide and others will further drive the 1-Butne demand in the forecast period.

Butene-1 is a linear alpha olefin with a slight aromatic odor and is a highly flammable, colourless liquified gas. Butene-1 is one of the largest used linear alpha olefins, accounting for almost 40% of linear alpha olefins market. Butene-1 is produced by three routes namely, refining of C4 stream, ethylene dimerization and n-butane dehydrogenation.

Butene-1 Capacity Overview

The global Butene-1 capacity stood at 2800 Kilo tons in 2023, is forecast to cross 2900 kilo tons in 2032. Butene-1 is one of the widely produced linear alpha olefins and has the largest number of on purpose capacity. 

Global Butene-1 Demand Supply Analysis, Until 2032
Butene-1 Demand Supply
Source: Secondary & Primary Research and Prismane Consulting estimates

In terms of capacity by region, Asia Pacific has the largest share in global Butene-1 capacity and is forecast to remain the largest producer till 2032. China, Japan, South Korea and India have majority of butene-1 capacity in the region. China accounts for largest in regional butene-1 capacity share, accounting for more than 20% translating to 230 Kilo tons. Japan and South Korea secure second and third position in terms of largest Butene-1 production capacity. 

After Asia Pacific, Middle East & Africa accounts for major capacity share of more than 25% translating to 685 Kilo tons. More than 80% of regional capacity consists of on purpose capacity. The regional capacity is distributed among countries such as Saudi Arabia, Iran, Kuwait, Nigeria and Egypt.

Saudi Arabia accounted for largest capacity share in region with total capacity over 210 Kilo tons. Companies like Petrokemya (Sabic), Yansab and Petro-Rabigh (Sumitomo-Aramco JV) are prominent Butene-1 producers in the country. 

Iran followed Saudi Arabia in terms of production capacity for butene-1, distributed among multiple players. Jam Petrochemical is the largest Butene 1 producer in Iran with capacity over 100 Kilo tons. Most of the Butene-1 capacity in the Middle East & Africa are integrated to produce different grades of Polyethylene. With low domestic demand many Middle Eastern Countries have become major producer and exporter of polyethylene and related products.

Global Butene-1 Demand Analysis, By Applications, 2016-2032 (KT)

Butene 1 market by application
Source: Secondary & Primary Research and Prismane Consulting estimates


Butene-1 Market, By Application

Butene-1 finds its application in commodity polymers, elastomers, specialty polymers and other specialty chemicals. In terms of butene-1 market by applications, the market is segmented into polyethylene co-monomer, valeradehyde, polybutene-1, 1,2-butylene oxide and others. The use of butene-1 as comonomer in polyethylene production is the largest application and accounts for more than 60% of global butene-1 market. Most of butene-1 production facilities are integrated into polyethylene production plants. Apart from these, enhance properties of butene-ethylene copolymer and increasing consumption of polyethylene, the consumption of butene-1 in polyethylene has increased has witness strong growth in past decade and it is further anticipated to remain largest application in near future. 

Polybutene-1 is the second largest application of butene-1 accounting for the significant share in 2022. Polybutene resins are used in film modification, polyolefin modification, hot melt adhesives, easy open packaging, pipe & fittings and hot water tanks. Other applications including valeradehyde, butylene oxide, butanone, comonomer in PP, and butadiene together accounts for a small market share in the global butene-1 market.

Butene-1 Market Overview


The global Butene-1 Market Size was estimated at USD 3.2 Billion in 2023 and it is poised to grow at a CAGR of 3.4% from 2023-2032, to cross valuation of USD 4.2 billion by 2032. Asia Pacific accounts for the largest share in the global butene-1 market in 2023, on back of huge demand for polyethylene-based products such as packaging films, plastic bags, agriculture mulch, bottles, toys, wire & cables and houseware and presence of large production facilities for polyethylene in Asia Pacific. The majority of Butene-1 in the region is consumed for production of polyethylene. Countries like China, India and South Korea are accounted for more than 50% of regional butene-1 demand. 

Global Butene-1 Demand, By Region, 2016-2032 (Kilo Tons)

Butene-1 Demand, By Region
Source: Secondary & Primary Research and Prismane Consulting estimates


Butene-1 Market Dynamics

Drivers: Increase Consumption of Polyethylene

The annual per capita plastic consumption exceeds 50 kilograms, highlighting the demand for plastic in everyday applications. Polyethylene, a major polymer globally, plays a crucial role in the plastic packaging industry. Consequently, the growth of the polyethylene market is projected to propel the Butene-1 market in the forecast period as the majority of Butene-1 is used to produce polyethylene. 

Butene-1 Price

Butene-1 one market has witnessed major ups and downs in the historical years as a result of which the prices have also witnessed a large fluctuation due to various factors including Covid-19. Factors influencing butene-1 prices includes supply and demand dynamics, production and processing costs, geopolitical events, and broader economic trends.

Key Players in Butene-1 Market

Companies like Chevron Phillips Chemicals, ExxonMobil, Shell Chemicals, and Evonik 

Scope of Report 

The Butene-1 report describes the global Butene-1 market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Capacity 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Butene-1 Market data in terms of volume and value for each end-use at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment



   Butene-1 Applications-2017 Sample

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Application
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2021
          -  Base - 2022
          -  Forecast Period - 2023 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      • Packaging
      • Automotive
      • Construction
      • Electrical & Electronics
      • Consumer Appliances
      • Others
5.  Plants & Projects Analysis
      •  Butene-1 Production Capacity, by Company
      •  Capacity Overview
5.  Introduction to Butene-1 and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
7.  Global Butene-1 Demand Analysis, By Application (Volume, Value) (2016–2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2032)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Butene-1 Market, By Application
          - Polyethylene Co-monomer (LLDPE, HDPE)
          - Valeraldehyde
          - Polybutene-1
          - 1,2-Butylene Oxide
          - Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2032)
      •  Demand Growth Rate (%)
      •  Butene-1 Market, By Application
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by application has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  ASEAN
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2023 – 2032)
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             - Chevron Phillips Chemicals
             - Innovene
             - ExxonMobil
             - Shell Chemical
             - Texas Petrochemical
             - BP Chemicals
             - Petrochemical Corporation of Singapore
             - China National Petroleum Corporation
             - PetroChina Company Limited
             - ONGC
             - Praxair
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Butene-1 report describes the global Butene-1 market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Capacity 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Butene-1 Market data in terms of volume and value for each end-use at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment



   Butene-1 Applications-2017 Sample


Frequently Asked Questions

What is the market size of Butene-1?
The global Butene-1 Market Size is projected to grow from USD 3.2 Billion in 2023 to USD 4.2 Billion by 2032, registering a CAGR of 3.4%.
What are the key drivers of the Butene-1 market's demand growth?
The rising demand for Butene-1 for application such as Polyethylene Comonomer, Valeradehyde, Polybutene-1, 1,2-Butylene Oxide and others will further drive the Butne-1 demand in the forecast period.
Who are some of the major Butene-1 producers?
Companies like Chevron Phillips Chemicals, ExxonMobil, Shell Chemicals, and Evonik are some of the prominent players in the butene-1 market.