World Butadiene Market Performance Reviewed in New TechSci Research Report Available at MarketPublishers.com
29 Jul 2015 • by Natalie Aster
LONDON – Due to high cost associated with the production of butadiene by traditional methods and recent shale gas discoveries, particularly in the USA, producers are turning to the use of lighter feedstock, like ethane and propane, for making butadiene. The synthetic rubber industry accounts for the majority of butadiene consumption, wherein it is processed for making such derivatives as styrene butadiene rubber (SBR), acrylonitrile butadiene styrene resins (ABS), polybutadiene rubber (PBR), adiponitrile, styrene butadiene latex (SB latex), and nitrile rubber (NR). These derivatives are primarily utilised in the automobile sector for the manufacture of tyres and other components.
In terms of volume, the worldwide butadiene market will likely surpass the 13 million metric tons mark by 2020-end, owing to increasing investments and the growing synthetic rubber manufacturing industry. Additionally, the rise of automotive sector, especially in APAC, is expected to give impetus to the growth of the butadiene market in the next 5 years. PBR and SBR are two main derivatives that captured the lion’s share of the overall butadiene consumption as of 2014. Lyondel Basell, Royal Dutch Shell, TPC Group, BASF and Braskem are some of the world’s top players engaged in butadiene production.
New market research report “Global Butadiene Market Forecast and Opportunities, 2020” prepared by TechSci Research draws up a comprehensive picture of the global market for butadiene. It gives an insightful overview of the market, including details on capacity, actual production & capacity utilisation rate, as well as production shares. The study provides an analysis and forecast of the market size, by volume, and market shares, based on application, derivative, region and company. An extensive market analysis is provided for key regions, covering market size and forecast (by value and volume) and market share plus forecasts (by derivative and country). Information on actual production & capacity utilisation rates, and production capacity are included for the regional markets. The research report reviews the latest trends and developments in the marketplace, identifies and canvasses key market drivers and challenges, and also discusses the competitive landscape alongside profiling the top 10 companies. The report also contains valuable strategic recommendations.
Global Butadiene Market Forecast and Opportunities, 2020
Published: July, 2015
Price: US$ 3,700.00
More reports by the publisher can be found at TechSci Research page.