Butadiene Market report provides the precise and in-depth study of the current market picture and the predicted future of the industry. The report serves the detailed study on the market share, growth, trends and forecast for the period of 2017-2024. Further, the report also offers a detailed analysis of the market segments and regions along with the insights about factors influencing the market trend.
Butadiene is a chemical compound derived from ethylene and is used to produce synthetic rubber and bio-based rubber. Butadiene is either in gaseous or refrigerated liquid state and its monomer has many commercial uses. Butadiene is inflammable in nature and needs to be handled with immense care and precision. Commercially, butadiene has wide range of applications which include adhesives, rubber coatings, automotive tires, insulation of electric wires, construction, footwear, sealants and others.
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Rapid growth of automotive industry and increase in number of private and transport vehicles are major factors to upsurge the growth of global butadiene market. Construction industry uses synthetic butadiene rubber for roof construction and waterproofing which is another significant factor to boost the growth of this market. Footwear is a major trend of modern society and use of SBR in production of footwear is expected to provide high market penetration for butadiene segment for the forecast. In addition, use of bio-based butadiene rubber in many commercial applications is expected to open new opportunities for this market. Fluctuating price of raw materials and health related hazards of butadiene are major restraints of this market.
Asia Pacific dominates this market owing major regions like India and China. Rapid growth of automotive industry and ever-increasing population of these regions augment market growth of Asia Pacific. Followed by Asia Pacific, North America is the second region with high market growth. Latin America and MEA are emerging market expected to show steady growth for the forecast. Key players in the global butadiene market are Repsol Group, Petrochemical Corporation of Singapore Pte. Ltd., SABIC, Royal Dutch Shell plc, The Dow Chemical Company, Yeochun NCC Co. Ltd., Eni S.p.A., BASF SE, Evonik Industries, TPC Group, INEOS Group AG, Exxon Mobil Corporation and LyondellBasell Industries N.V.
Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Butadiene Market Analysis By Product
5.Butadiene Market Analysis By Application
6.Butadiene Market Analysis By Region
7.Competitive Landscape Of Butadiene Companies
8.Company Profiles Of Butadiene Industry
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