The report on the Global Butadiene Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
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.
Application bifurcate global butadiene market into styrene butadiene latex (SBL), acrylonitrile butadiene styrene (ABS), adiponitrile, styrene butadiene rubber (SBR) and others (including chloroprene rubber and nitrile rubber). On the basis of product global butadiene market is segmented as bio-based butadiene and synthetic butadiene. Synthetic butadiene is the major product segment which dominates this market owing to its high commercial applications.
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
- LyondellBasell Industries N.V.
SEGMENTATIONS IN REPORT:
Butadiene By Product Types
- Synthetic Butadiene
- Bio-Based Butadiene
Butadiene By Applications
- Styrene Butadiene Rubber (SBR)
- Butadiene Rubber (BR)
- Styrene Butadiene Latex (SBL)
- Acrylonitrile Butadiene Styrene (ABS)
- Adiponitrile
- Other (Including Chloroprene Rubber And Nitrile Rubber)
Butadiene By Geography
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Butadiene Market has been exhibited in detail in the following chapters -
Chapter 1 Butadiene Market Preface
Chapter 2 Executive Summary
Chapter 3 Butadiene Industry Analysis
Chapter 4 Butadiene Market Value Chain Analysis
Chapter 5 Butadiene Market Analysis By Product Types
Chapter 6 Butadiene Market Analysis By Applications
Chapter 7 Butadiene Market Analysis By Geography
Chapter 8 Competitive Landscape Of Butadiene Companies
Chapter 9 Company Profiles Of Butadiene Industry