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 and LyondellBasell Industries N.V.
Decision Databases is involved in providing research reports and company profiles in the global butadiene market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The butadiene market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our butadiene profiles.
SEGMENTATIONS IN REPORT:
Butadiene By Product Types
1. INTRODUCTION TO THE BUTADIENE MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF BUTADIENE
4. BUTADIENE MARKET ANALYSIS BY PRODUCT
Petcoke (Petroleum Coke) is an organic compound having aromatic carbonaceous polycyclic hydrocarbon. Conventionally, it is produced from coal. It is read more..
Methanol Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market under the forecast read more..
The United States Polyalkylene Glycol market research report is the study prepared by analysts, which contain a detailed analysis of drivers, restraints, read more..
Gasoline Fuel Additives Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market read more..
The United States Acrylonitrile Market report is a recent research added by DecisionDatabases.com, offers critical insight into the market dynamic. This read more..
Polytetramethylene ether glycol (PTMEG) is produced by catalyzed polymerization of tetrahydrofuran (THF). It is also known as polytetrahydrofuran which read more..
The Global Petcoke market report is a recent research added by DecisionDatabases.com, offers critical insight into the Market dynamic. This report also read more..
The Global Ethylene Glycol Market report is a recent research added by DecisionDatabases.com, offers critical insight into the market dynamic. This read more..
The Global Gamma-Butyrolactone Market report is a recent research added by DecisionDatabases.com, offers critical insight into the market dynamic. This read more..
Refined glycerine is a refined organic byproduct of oleochemicals and biodiesel production. It is water-soluble, colorless & odorless and viscous read more..