World Butadiene Market Overview & Forecast Provided by Merchant Research & Consulting in Its Topical Report Published at MarketPublishers.com
11 May 2017 • by Natalie Aster
LONDON – Derived from ethylene, butadiene (BD) is known as an important chemical compound applied in synthetic rubber and bio-based rubber production. It has a slew of applications, including the production of adhesives, rubber coatings, automotive tires, insulation of electric wires as well as finds application in the construction, footwear, and sealants industries, to name a few.
The world’s BD market growth is considerably spurred by a rapid uptake of the automotive industry and a surging number of private and transport vehicles, and also by the rising adoption of synthetic butadiene rubber for roof construction and waterproofing. Other important BD market growth drivers include rapidly growing global population, favorable investments policies and government regulations.
However, fluctuating prices for raw materials and rising concerns associated with health hazards caused by BD are amid top restraints for the market growth.
Geographically, APAC rules the total market for BD due to healthy growth of the automotive industry in the region and rapidly rising population number in such countries as China and India. North America ranks the second in terms of market growth rates. In the years ahead, Latin America and MEA are set to witness stable growth as well.
In-demand research report “Butadiene (BD): 2017 World Market Outlook and Forecast up to 2021” elaborated by Merchant Research & Consulting offers a comprehensive overview of the word’s BD market landscape. The report analyzes the market scenario at the global, regional and country scales; provides historical and present data on the market performance. Reliable info on the butadiene capacity, production and consumption (global and by region), foreign trade statistics and price fluctuations are available in this report. An insightful overview of the emerging trends and opportunities, as well as data on the future projects are provided. Moreover, the report includes future forecasts for the market development through 2021. Additionally, the report highlights the competitive landscape, identifies the top players and covers their activities.
For other insightful research reports by Merchant Research & Consulting, please, visit its catalogue at MarketPublishers.com.