Market Overview
Global Butadiene Market Overview
The Butadiene Market size is expected to grow from USD 12.75 Billion in 2022 to USD 60.95 Billion by 2030, at a CAGR of 21.6 % during the forecast period.
Butadiene is essentially an odourless, highly reactive gas. It is used in the production of synthetic rubber and plastic as a vital industrial compound. The resulting rubber and plastic products are utilized by the automotive industry, for packaging, consumer goods, and protective clothing. They are utilized in a number of applications, including polybutadiene, chloroprene, styrene-butadiene, nitrile rubber, SB latex, acrylonitrile butadiene styrene, adiponitrile, sulfolane, ethylidene norbornene, others.
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Players Covered in Butadiene Market are:
China Petroleum & Chemical Corporation (China),Shell PLC(UK),Eni Corporations (Italy),Evonik Industries (Germany),INEOS Group Ltd. (UK),LANXESS Chemicals Company (Germany),LG Chemicals Company (South Korea),LyondellBasell Industries Holdings BV (Netherlands),PJSC "Nizhnekamskneftekhim" (Russia),Repsol S. A. (Spain),Saudi Basic Industries Corporation (Saudi Arabia),The Dow Chemical Company (US),TPC Group(US),Formosa Plastics Corporation (Taiwan),ZEON Corporation (Japan),China Petrochemical Corporation Borealis AG (China),Versalis S.P.A. (Italy), and Other Major Players
Key Chapter Will Be Provided In The Report
· Patent Analysis
· Regulatory Framework
· Technology Roadmap
· BCG Matrix
· Heat Map Analysis
· Price Trend Analysis
· Investment Analysis
· Company Profiling and Competitive Positioning
· Industry Value Chain Analysis
· Market Dynamics and Factors
· Porter’s Five Forces Analysis
· Pestle Analysis
· SWOT Analysis
Market Segmentation
Segmentation of Butadiene Market:
By Product
Butadiene Rubber,Styrene Butadiene Rubber,Acrylonitrile Butadiene Rubber,Nitrile Butadiene Rubber,Others
By End users:
Automobile Industries,Building & Construction,Consumer Products Industries,Healthcare,Others
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Regional Analysis In Butadiene Market
Asia-Pacific dominated the market for butadiene. In the past few years, the Asia-Pacific downstream market has experienced a tremendous growth spurt, causing the demand for butadiene to surge. China is one of the world's largest chemical manufacturing hubs, with a diverse array of industries.
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
Key Industry Development In The Butadiene Market
In July 2022, Sinopec and INEOS Group have agreed to collaborate on three joint ventures aimed at expanding the production of petrochemicals to meet China's market's growing demand. INEOS acquired a fifty percent stake in Sinopec subsidiary SECCO Petrochemical Co., Ltd. which produces butadiene. INEOS and Sinopec will form a new 50/50 joint venture to increase China's acrylonitrile butadiene styrene (ABS) production capacity by up to 1.2 million tonnes per year (tpy) through the construction of two new 300,000-tpy ABS plants.
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The report provides insights on the following pointers:
1. Market Penetration: Offers comprehensive information on the market offered by the key players
2. Market Analysis: Provides detailed information on lucrative growing markets and examines market penetration across mature segments.
3. Market Diversification: Details regarding new product launches, untapped geographies, recent developments, and investments are provided.
4. Competitive Landscape: Provides an in-depth analysis of the top companies' market shares, strategies, products, certification, regulatory approvals, patent landscape, and production capabilities.
5. Industry Dynamics and Factors: Offers insightful information about future technologies, R&D initiatives, and game-changing product breakthroughs.
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