Butadiene market global development trends, & outlook


Posted July 23, 2019 by RohanPatnakar

Butadiene Market & Its Derivatives (SBR, PBR, ABS, SB Latex, Adiponitrile, NR, & Others) Market, by Applications & Geography - Trends and Forecasts to 2018
 
The Butadiene Market is quite fragmented due to the presence of a large number of players. Asia-Pacific is the biggest market of butadiene and is also the second fastest growing, after the ROW market.

The market is expected to show a significant growth in the future and with this anticipation, more than 4.5 million tons of upcoming capacities are in the planning phase. Various market players have integrated their plants so as to reduce the impact of external environment on plant economics.

Browse 114 market data tables and 37 figures spread through 265 pages and in-depth TOC on “Butadiene Market & Its Derivatives (SBR, PBR, ABS, SB Latex, Adiponitrile, NR & Others) Market by Applications & Geography - Trends and Forecasts to 2018”.

Request sample of the Butadiene Market report @ http://bit.ly/2WNDEnG

Asia-Pacific is the world’s largest market of butadiene, which consumed more than half of the total global demand, and also for most of its derivatives that includes styrene butadiene rubber (SBR), polybutadiene rubber (PBR), acrylonitrile butadiene styrene (ABS), and nitrile rubber (NR).

Various countries in Asia-Pacific are ahead of them all to implement butadiene and its downstream derivatives in a diverse range of applications.

Demand growth of butadiene in the region is projected to be well above the average growth rate of the market. China and South Korea are the biggest consumers of butadiene in the region while India and China are expected to be the fastest growing markets of butadiene.

A few of the reasons for the high-level growth in this region are growing population, vast economies–developed as well as developing, and favourable investment policies and government initiatives to promote industrial growth.

The budding nature of the economies and rising consumption trends for various materials such as synthetic rubbers and ABS resin drives the demand of butadiene at a significant pace in the region.
Butadiene is a major feedstock to manufacture SBR, with just less than one third of its total global demand being consumed to manufacture SBR. Butadiene demand by SBR manufacturers is quite high in the U.S., followed by China, South Korea, and Japan.

Subsequently, PBR manufacturers were the second largest consumers of butadiene with a butadiene consumption share difference of 2.4%, compared to SBR manufacturers. The PBR manufacturing segment is also the fastest growing end-use segment with an expected CAGR of about 4.9% from 2013 to 2018.

Butadiene is majorly consumed by PBR manufacturers in countries that include China, U.S., South Korea, Japan, Russia, etc. Growth of the SBR & PBR market is largely associated with the growth in the automotive industry globally.

The automotive industry is expected to push the tire industry to new heights, which in turn will help the styrene butadiene rubber and polybutadiene rubber market achieve greater volumes and revenues in the near future; hence this drives the demand for butadiene at a significant pace.

Download Butadiene Market PDF Brochure @ https://tinyurl.com/yy7wxch4

We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include: Royal Dutch Shell Plc. (The Netherlands), LyondellBasell Industries N.V. (The Netherlands), TPC Group Inc. (U.S.), Sinopec (China), BASF SE (Germany), ExxonMobil Chemical Company (U.S.), Braskem S.A. (Brazil), ENI S.p.A (Italy), etc.

For more Info Visit Blog: https://chemicalsresearchmarket.wordpress.com/blog/

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Last Updated July 23, 2019