The market has moderate growth prospects and is expected to exhibit a 4.1% CAGR from 2016 through 2026, rising from a valuation of US $508.6 mn in 2015 to US$787.8 mn by 2026.
Albany, NY -- (SBWIRE) -- 12/08/2016 -- Butene-1 is a nontoxic, noncorrosive and colorless gas or liquid with slightly olefin odor. It is an organic chemical compound and is one of the linear alpha olefins. It is easily condensable and highly flammable. Butene-1 is generally produced by a variety of methods such as refinery operations, steam cracking of C4 hydrocarbons, butane dehydrogenation, alfa olefin manufacturing (produced as a co-product), catalytic ethylene dimerization, butyl alcohol dehydration, and pyrolysis of butyl acetate and butyl chloride. Butene-1 is generally used as an intermediate in several applications such as polyethylene, polybutene-1, valeraldehyde, and 1, 2-butylene oxide.
Asia Pacific Butene-1 Market: Scope of the Report
The report provides in-depth analysis and forecast of the Butene-1 market in Asia Pacific. It comprises forecast for the period from 2016 to 2026, in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the Butene-1 market in Asia Pacific. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. Top-down approach has been adopted to derive the revenue and volume figures for the Butene-1 market in Asia Pacific. Furthermore, bottom-up approach has been employed to derive data for various application segments based on demand for Butene-1. A combination of top-down and bottom-up approaches helps validate the quantitative data. The data was further validated with the help of primary research, with industry experts, to ensure accuracy of derived numbers.
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Detailed analysis of various factors driving the Butene-1 market in Asia Pacific has been included for astute decision-making. Impact of these drivers has been analyzed with the data to substantiate research findings. Furthermore, factors restraining the market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the course of the forecast period. The report also comprises various opportunities available for market growth during the next ten years. Opportunities entail untapped or recently explored factors that are anticipated to drive the Butene-1 market in Asia Pacific during the forecast period.
Asia Pacific Butene-1 Market: Research Methodology
The report includes value chain analysis to help understand the market thoroughly. Various processes employed in the manufacture of Butene-1 have been included in the report. Porter's Five Forces Model has been utilized to determine the degree of competition in the Butene-1 market in Asia Pacific during the forecast period. Key player capacities and operating capacities market has been included for better understanding of the competitive landscape. Furthermore, market attractiveness analysis has been conducted to analyze product segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in the respective product segment.
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Asia Pacific Butene-1 Market: Segmentation
Based on application, the Butene-1 market in Asia Pacific has been segmented into polyethylene, polybutene-1, valeraldehyde, and 1, 2-butylene oxide. The report comprises detailed analysis of all segments of the Butene-1 market in Asia Pacific and forecast based on current and future trends in the market, in terms of volume (kilo tons) and revenue (US$ Mn). Demand for Butene-1 in every application segment has been analyzed and forecast for the period of ten years.
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