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Butadiene Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Butadiene

The “Butadiene Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Butadiene Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Butadiene market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Butadiene Market Are:

  • BASF SE
  • Braskem SA
  • China Petroleum & Chemical Corporation (Sinopec)
  • Evonik Industries AG
  • Exxonmobil Chemical Company
  • Formosa Plastics Group
  • Ineos Group AG
  • JSR Corporation
  • Lanxess AG
  • LG Chem Limited
  • Lyondellbasell Industries NV
  • Reliance Industries Limited
  • Repsol SA
  • Royal Dutch Shell PLC
  • Saudi Basic Industries Corporation (SABIC)
  • TPC GROUP
  • LOTTE CHEMICAL TITAN HOLDING BERHAD
  • DowDuPont Inc.

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    Market Overview:

  • The market for butadiene is expected to register a CAGR of 3.96 % during the forecast period (2019-2024). Rapidly growing automotive production is expected to drive the market. Butadiene is majorly used in the production of styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR), which is used to produce tires and plastic materials. Growing automotive production is, hence, the largest driving factor for the market, owing to the increasing use of tires and plastics in automotive manufacturing. However, hazardous effects caused by butadiene is expected to hinder the growth of the market studied.
  • – Polybutadiene dominated the market in 2017. However, the acrylonitrile butadiene styrene (ABS) segment is expected to witness the highest CAGR during the forecast period.
  • – The innovation of bio-butadiene is likely to act as an opportunity in the future.
  • – Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and South Korea.<

    Scope of the Report:

  • This report studies the global Butadiene market size, industry status and forecast, competition landscape and growth opportunity.

    Butadiene Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Butadiene market?
    • What are the key market trends impacting the growth of the global Butadiene market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Butadiene market?
    • What are the market opportunities and threats faced by the vendors in the global Butadiene market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Butadiene market?

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    Key Market Trends:

    Rapidly Increasing Automotive Production Creating a Demand for Butadiene Rubber

    – The 1,3 butadiene is highly used in the manufacturing of synthetic rubbers or elastomers. Different types of polymers and monomers can be produced using 1,3 butadiene, such as styrene-butadiene rubber, nitrile rubber, polychloroprene, and polybutadiene rubber. Thus, it has a high demand from the automotive industry.
    – ABS is majorly used for the production of automotive components, such as wheel covers, dashboard trims, and bumpers. Moreover, it offers added advantages to the manufacturers, such as a shiny and impervious surface, and the butadiene part, which is a rubbery substance, provides resilience even at low temperatures, and is impact-resistant, tough, and heat-resistant.
    – Additionally, the rising demand for lightweight vehicles, globally, is expected to boost the automotive production, thus driving the demand for butadiene during the forecast period.
    – Moreover, the popularity associated with electric vehicles is mainly due to the eco-friendly nature of the product, when compared to its conventional counterparts. The graph below clearly indicates the exponential growth experienced by the market. Furthermore, the market is expected to reach a sales of over 1.9 million units in 2018, recording an expected increase of 48% during the same year.
    – With the growing global automotive production, countries in Asia-Pacific, like China, India, the Philippines, and Vietnam, are turning out to be potential markets for the demand for and supply of automobiles, as many automotive manufacturers have been establishing their manufacturing and assembly plants in these countries

    Asia-Pacific Region to Dominate the Market

    – The Asia-Pacific region dominated the global market share in 2017. The downstream market in Asia-Pacific witnessed a huge spur in the past few years, owing to which, the demand for butadiene has witnessed a rapid increase due to its requirement.
    – China has achieved some milestones in shale gas exploration, both in capacity and drilling techniques, making it one of the top shale gas suppliers worldwide.
    – India, with the support of the United States, is working on developing the shale gas exploration in its coastal regions, with US companies joining the exploration process. India has recoverable shale gas reserves, which are estimated to have a capacity of 96 trillion cubic feet (tcf), mainly in Tamil Nadu, Andhra Pradesh, and Rajasthan. The Krishna-Godavari basin, located in eastern India, holds the country’s largest shale gas reserves, extending over 7,800 gross square miles, with a prospective area of 4,340 square miles.
    – Presently, Australia has the seventh-biggest potential shale gas resources and the sixth-biggest shale oil resources in the world. According to an estimate, the technically recoverable shale resources were at 437 tcf in six basins, and about 1,000 tcf in all the prospective basins, in 2013. Australia has large shale gas formations that are similar in size to the Marcellus and Bakken formations in the United States.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Butadiene Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Butadiene .

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    Report Objectives:

    • Analyzing the size of the Butadiene market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Butadiene market.
    • Determining the key dynamics of the Butadiene market.
    • Highlighting significant trends of the Butadiene market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Butadiene market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Butadiene market.

    Detailed TOC of Butadiene Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Rapidly Increasing Automotive Production Creating a Demand for Butadiene Rubber
    4.1.2 Developing Downstream Market in Asia-Pacific
    4.2 Restraints
    4.2.1 Hazardous Effects Caused by Butadiene
    4.3 Industry Value-Chain Analysis
    4.4 Porters Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Feedstock Analysis
    4.6 Technological Snapshot
    4.7 Supply Scenario

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Polybutadiene (PBR)
    5.1.2 Chloroprene
    5.1.3 Styrene-butadiene (SBR)
    5.1.4 Nitrile Rubber (Acrylonitrile Butadiene NBR)
    5.1.5 Acrylonitrile Butadiene Styrene (ABS)
    5.1.6 Adiponitrile
    5.1.7 Sulfolane
    5.1.8 Ethylidene Norbornene
    5.1.9 Styrene Butadiene Latex
    5.1.10 Other Applications
    5.2 Product
    5.2.1 Quarter-turn Valve
    5.2.2 Multi-turn Valve
    5.2.3 Other Products (Control Valves)
    5.3 End-user Industry
    5.3.1 Plastic and Polymer
    5.3.2 Tire and Rubber
    5.3.3 Chemicals
    5.3.4 Other End-user Industries
    5.4 Geography
    5.4.1 Asia-Pacific
    5.4.1.1 China
    5.4.1.2 India
    5.4.1.3 Japan
    5.4.1.4 South Korea
    5.4.1.5 Rest of Asia-Pacific
    5.4.2 North America
    5.4.2.1 United States
    5.4.2.2 Canada
    5.4.2.3 Mexico
    5.4.2.4 Rest of North America
    5.4.3 Europe
    5.4.3.1 Germany
    5.4.3.2 United Kingdom
    5.4.3.3 Italy
    5.4.3.4 France
    5.4.3.5 Rest of Europe
    5.4.4 South America
    5.4.4.1 Brazil
    5.4.4.2 Argentina
    5.4.4.3 Rest of South America
    5.4.5 Middle East & Africa
    5.4.5.1 Saudi Arabia
    5.4.5.2 South Africa
    5.4.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 BASF SE
    6.4.2 Braskem SA
    6.4.3 China Petroleum & Chemical Corporation (Sinopec)
    6.4.4 Evonik Industries AG
    6.4.5 Exxonmobil Chemical Company
    6.4.6 Formosa Plastics Group
    6.4.7 Ineos Group AG
    6.4.8 JSR Corporation
    6.4.9 Lanxess AG
    6.4.10 LG Chem Limited
    6.4.11 Lyondellbasell Industries NV
    6.4.12 Reliance Industries Limited
    6.4.13 Repsol SA
    6.4.14 Royal Dutch Shell PLC
    6.4.15 Saudi Basic Industries Corporation (SABIC)
    6.4.16 TPC GROUP
    6.4.17 LOTTE CHEMICAL TITAN HOLDING BERHAD
    6.4.18 DowDuPont Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Innovation of Bio-butadiene

     

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