Forecast: Butadiene Production in Canada

The butadiene production in Canada stood at 252.6 thousand metric tons in 2023. From 2013 to 2023, production showed significant fluctuations, with notable year-on-year changes such as an 8.56% increase in 2016 and a 13.34% rise in 2022. Despite the variations, the compound annual growth rate (CAGR) from 2018 to 2023 is 1.45%, indicating moderate growth.

Future trends to watch for:

  • Butadiene production is forecasted to continue its upward trend, reaching 270.84 thousand metric tons by 2028.
  • The average annual growth rate over the next five years is expected to be around 1.11%.
  • Look out for any technological advancements, regulatory changes, and shifts in demand within the automotive and synthetic rubber industries that could impact production levels.

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