| Butadiene or 1,3-butadiene is an exceptionally receptive gas that is boring and noncorrosive with a gentle sweet-smelling or gas like scent at room temperature and tension. It is delivered as a side-effect from ethylene and propylene fabricating units and principally utilized as a monomer for creation of engineered rubbers and plastics. It very well may be utilized as a compound middle of the road, whenever used in little sum. The resultant rubbers or plastics further observe applications in cars, development materials, machine parts, PCs and telecom gear, defensive apparel, bundling, and family articles.
Global Butadiene Market - Trends, COVID-19 impact and Growth Forecasts to 2026
ChemIntel360’s global Butadiene Market study is a 210 slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective. The industry is expected to grow at a CAGR of 4.3% mainly due to growing consumption of the chemical in the production of tires due to its strong resistance to temperature fluctuations.
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Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (Ethylidene Norbornene, Chloroprene, Styrene-butadiene, Nitrile Rubber, SB Latex, Acrylonitrile Butadiene Styrene, Adiponitrile, Sulfolane, Polybutadiene, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Butadiene market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$16.0 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Butadiene Market Country Level Analysis
Butadiene market is broke down and market size, volume data is given by country, item, application and end clients as referred to above.
The nations canvassed in the butadiene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a piece of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as a component of South America.
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Competitive Landscape
Some of the major key players operating in the global Butadiene market are ExxonMobil Corporation, Lanxess, Korea Kumhoo, China Petroleum & Chemical Corporation, TPC Group, Royal Dutch Shell PLC, LyondellBasell Industries Holdings B.V.
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ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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