Pune, India -- (SBWIRE) -- 08/17/2018 -- Market Analysis:

The Global Butadiene Market is expected to reach 17,877.17 Kilotons by 2025, from 14,112.58 Kilotons in 2017 growing at a CAGR of 3.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Butadiene is a colourless and highly reactive gas. It is one of the important industrial compounds used for the production of synthetic rubber and plastic. The resultant rubber and plastic products are used by the automotive industries, for construction material, packaging, as a consumer product and for protective clothing. Butadiene-based polymers help to improve functionality, performance and protection at lower cost. According to Outlook magazine, in 2016, China's light vehicle market was increased from 3.26 million units to 25.4 million units, with almost 14.7% increase in the market. This reflects the strong economy and growth. These above mentioned factors prove that the market of automotive industry around the globe is growing and will drive the demand for butadiene.

Global Butadiene Market, By Product (Butadiene Rubber, Styrene Butadiene Rubber, Acrylonitrile Butadiene Rubber, Nitrile Butadiene Rubber, Styrene Butadiene Latex, Hexamethylenediamine), By End User (Automobile Industries, Building & Construction, Consumer Products Industries, Healthcare, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025

The key players operating in the global butadiene market are –

BASF SE,
Exxonmobil Chemical Company,
Reliance Industries Limited,
Braskem,
JSR Corporation,

The other players in the market are -

China Petroleum & Chemical Corporation
Royal Dutch Shell Plc,
Eni S.p.A.,
Evonik Industries AG,
Ineos Group AG,
LANXESS,
LG Chem,
LyondellBasell Industries Holdings B.V.,
Nizhnekamskneftekhim.,
Repsol,
SABIC,
The Dow Chemical Company,
TPC Group,
Formosa Plastics Corporation, U.S.A.,
ZEON Corporation.,
Shanghai Petrochemical,
Borealis AG.,
Versalis S.p.A.,
many more.

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Market Segmentation:

By Product

- Butadiene Rubber
- Styrene Butadiene Rubber
- Acrylonitrile Butadiene Rubber
- Nitrile Butadiene Rubber
- Styrene Butadiene Latex
- Hexamethylenediamine
- Others

By End User:

- Automobile Industries
- Building & Construction
- Consumer Products Industries
- Healthcare
- Others

By Geography:

- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa

Key questions answered in the Global Butadiene Market report:

- What will be the market growth rate of Global Butadiene Market in 2025?
- What are the key factors driving the Butadiene Market?
- What are sales, revenue, and price analysis of top manufacturers of Butadiene?
- Who are the distributors, traders and dealers of Global Butadiene Industry?
- Who are the key vendors in Global Butadiene Market?
- What are the Butadiene Market opportunities and threats faced by the vendors in the Global Butadiene Market?
- What are sales, revenue, and price analysis by types, application and regions of Butadiene Market?
- What are the market opportunities, market risk and market overview of Global Butadiene Market?

Market Drivers:

- High demand by tire industry
- Growing demand form end use industries
- Improve functionality at lower cost
Market Restraint:
- Butadiene production decrement due to shale oil discoveries
- Harmful acute and chronic effect.

Key Insights in the Report:

- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global butadiene market
- Analyze and forecast the butadiene market on the basis of product and end user
- Trends of key regional and country-level markets for product and end user
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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