Butadiene Market Size, Trends, Growth Factors, Regional Segment Revenue Analysis, 2020-2027 – KSU



The global butadiene market is expected to reach $ 23.49 billion by 2027, according to a new report from Reports and Data. The global butadiene market is expected to grow owing to the constant growth of the automotive industry. It is a colorless organic compound with an aromatic odor similar to gasoline.

Butadiene is produced as a by-product of ethylene steam cracking of the naphtha feedstock. It is also used as a chemical intermediate and as a monomer for the manufacture of plastics and rubber and is applicable in several consumer and industrial products, such as construction, automotive, electronics, packaging, protective clothing. and parts of household appliances.

The growing interest in green tires made from synthetic rubber is derived from bio-butadiene. A significant portion of bio-butadiene is consumed in the production of synthetic rubber and coatings used in the manufacture of automotive accessories and tires. Factors such as increasing use of rubber substitutes like guayule or rice husk and manufacturing of new version of rubber are hampering market growth.

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Other key findings from the report suggest

  • Acrylonitrile Butadiene Styrene (ABS) is a robust engineered thermoplastic and amorphous polymer that is used in the production of lightweight, rigid, and molded products that are used in a diverse set of end applications.
  • ABS is typically used to make protective cases for power tools and plastic face shields for a wall outlet. It is also commonly used in the automotive industry for the manufacture of articles, especially plastic alloys and decorative parts for car interiors. In the construction industry, this polymer finds application in the production of plastic pipes and corrugated plastic structures.
  • In developed regions like Japan, the United States, and Western Europe, butadiene is produced as a byproduct of the steam cracking process used to make ethylene and other alkenes. The amount of butadiene produced in the C4 hydrocarbon extraction process depends on the hydrocarbons used as feedstock. Ethane, a light feed, yields ethylene when cracked, but heavier feeds produce heavier butadiene.
  • Asia-Pacific has the highest growth rate during the study, and is expected to dominate the growth share. The credit goes to the rapid development of economies. China has invested heavily in research and development and in expanding its production capacity. The growth of the automotive industry in Indonesia and Thailand, as well as increased construction activity, mainly in India, China and Indonesia, are expected to create growth opportunities in the region.
  • Main Participants BASF SE, Reliance Industries Limited, Braskem, ExxonMobil Chemical Company, Royal Dutch Shell Plc., TPC Group Inc., Sinopec, LyondellBasell Industries NV, Jiutai Energy Inner Mongolia Co. Ltd. and Lanxess, among others.

Read more: https://www.reportsanddata.com/report-detail/butadiene-market

For the purpose of this report, reports and data have segmented the global Butadiene market on the basis of production process, product, end-user, and region:

Production Process Outlook (Revenue, USD Billion; Volume, Kilotons; 2016-2027)

  • C4 hydrocarbon extraction
  • dehydrogenation of n-butane
  • Ethanol
  • Butenes

Product Outlook (Revenue, USD Billion; Volume, Kilotons; 2016-2027)

  • Styrene-butadiene rubber
  • Styrene Butadiene Latex
  • Butadiene rubber
  • Acrylonitrile Butadiene Rubber
  • Nitrile Butadiene Rubber
  • Hexamethylenediamine

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End User Outlook (Revenue, USD Billion; Volume, Kilotons; 2016-2027)

  • Building and construction
  • Health care
  • Automotive industries
  • Consumer products industries

Regional outlook (revenue, billion USD; volume, kilotonnes; 2016-2027)

  • North America
  • we
  • Europe
  • UK
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • AEM
  • Latin America
  • Brazil

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