Los Angeles, CA -- (SBWIRE) -- 04/03/2019 -- This study focuses on the production side and consumption side of Butadiene, presents the global Butadiene market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Butadiene capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Butadiene by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Butadiene, also known as 1, 3-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.
The production of global BD was 11652 K MT in 2011 and is expected to reach 14956 K MT by 2021, growing at a CAGR of 3.03% from 2016 to 2021.
The global market is moderately concentrated with the top ten companies including Sinopec, TPC Group, Braskem, Shell Chemical, CNPC, FPCC, BASF, ExxonMobil, JSR Corp, Lotte accounting for over 60% of the global market in 2015. Other companies in the market include LyondellBasell, Ineos O&P, LG Chem, SABIC, Evonik, etc.
Butadiene is a raw material used in the production of rubber for tires, as well as for electrical appliances, footwear, plastics, asphalt, building materials, and latex. The demand for butadiene is over 1.2 billion MT per year worldwide, and growing. By producing a renewable butadiene, the everyday products made with it, like tires, can become more sustainable, with a smaller environmental footprint.
The technological level of butadiene in China has a big gap compared with the international advanced level. Outstanding performance in product application performance is not outstanding, function is not strong, supporting enough, clean low level, product updates slow, long development cycle. There is little butadiene performance in China at or near the international advanced level.
Butadiene industry is affected by the economy and policy, so it's important to put an eye to economic indexes and leaders' prefer. With the global economic recovery, more and more people pay attention to the agricultural field, especially in underdevelopment regions that have a large population and fast economic growth and the downstream application increasing, the need of butadiene maybe increase.
The Butadiene market was valued at 19100 Million US$ in 2017 and is projected to reach 14500 Million US$ by 2025, at a CAGR of -3.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Butadiene.
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This report includes the following manufacturers; we can also add the other companies as you want.
Sinopec
TPC Group
Braskem
Shell Chemical
CNPC
FPCC
BASF
ExxonMobil
JSR Corp
Lotte
LyondellBasell
Ineos O&P
LG Chem
Sabina
Evonik
Market Segment by Product Type
Extractive Distillation
Oxidative Dehydrogenation
Market Segment by Application
Styrene Butadiene Rubber (SBR)
Butadiene Rubber (BR)
Styrene Butadiene Latex (SBL)
Acrylonitrile Butadiene Styrene (ABS)
Adiponitrile
Global ### Market by Region
North America, Asia-Pacific, Europe, Central & South America, Middle East & Africa.
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