Butadiene Market Analysis Report and Forecast Upto 2021
The new research report on Butadiene Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Upto 2021.
Butadiene is a chemical compound derived from ethylene and is used to produce synthetic rubber and bio-based rubber. Butadiene is either in gaseous or refrigerated liquid state and its monomer has many commercial uses. Butadiene is inflammable in nature and needs to be handled with immense care and precision. Commercially, butadiene has wide range of applications which include adhesives, rubber coatings, automotive tires, insulation of electric wires, construction, footwear, sealants and others.
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Application bifurcate global butadiene market into styrene butadiene latex (SBL), acrylonitrile butadiene styrene (ABS), adiponitrile, styrene butadiene rubber (SBR) and others (including chloroprene rubber and nitrile rubber). On the basis of product global butadiene market is segmented as bio-based butadiene and synthetic butadiene. Synthetic butadiene is the major product segment which dominates this market owing to its high commercial applications.
Rapid growth of automotive industry and increase in number of private and transport vehicles are major factors to upsurge the growth of global butadiene market. Construction industry uses synthetic butadiene rubber for roof construction and waterproofing which is another significant factor to boost the growth of this market. Footwear is a major trend of modern society and use of SBR in production of footwear is expected to provide high market penetration for butadiene segment for the forecast. In addition, use of bio-based butadiene rubber in many commercial applications is expected to open new opportunities for this market. Fluctuating price of raw materials and health related hazards of butadiene are major restraints of this market.
Major player assessed in the report are :
– BASF SE
– Eni S.p.A.
– Evonik Industries
– Exxon Mobil Corporation
– INEOS Group AG
– LyondellBasell Industries N.V.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN REPORT :
1. Butadiene By Product Types :
– Synthetic Butadiene
– Bio-Based Butadiene
2. Butadiene By Applications :
– Styrene Butadiene Rubber (SBR)
– Butadiene Rubber (BR)
– Styrene Butadiene Latex (SBL)
– Acrylonitrile Butadiene Styrene (ABS)
– Other (Including Chloroprene Rubber And Nitrile Rubber)
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Other Related Reports :
Global Styrene Butadiene Latex Market Research Report
Styrene butadiene latexes are steady emulsions which originate from the groups of manufactured rubbers got from styrene and butadiene. Styrene butadiene latex and styrene butadiene rubber latex shows great ageing ability and scraped area resistance when ensured by added substances.
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