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Global Butadiene Market

  • Published Date: 12 Feb 2018
  • Number of Pages: 228
  • Category: Chemicals
  • Country: Global
Butadiene is considered as a versatile raw material primarily used for the production of wide variety of synthetic rubbers and polymer resins.It is produced as a by -product of the steam cracking process of ethylene and olefin production. Butadiene is a highly reactive, colourless gas with mild aromatic odour and is highly flammable. It also readily polymerizes with oxygen and is soluble in alcohol and ether and insoluble in water. The largest usage of butadiene is in the production of SBR

(Styrene butadiene rubber), principally used in the manufacture of automobile tyres. SBRs are also utilised in the manufacture of adhesives, coatings, sealants and miscellaneous rubber articles such as shoe soles. Butadiene can also be polymerised for the manufacture of Polybutadiene Rubber (BR) which is used for tyre production and can also act as an impact modifier of polymers such as high impact polystyrene (HIPS).

Butadiene is also one of the components used in the manufacture of acrylonitrile-butadiene-styrene (ABS), which is the largest-volume engineering thermoplastic resin. ABS has its majority usage in in the electronics industry in manufacturing of component parts of business machines, computers, radios, televisions and telephone handsets. Copolymerisation of acrylonitrile with butadiene leads to Nitrile rubbersthat are largely utilised in the manufacture of hoses, gasket seals and fuel lines for the automobile industry as well as in gloves and footwear.

Market Dynamics:

An increase in the demand in the production of consumer products is expected to raise the demand of butadiene markets demand in resin. A growing demand for Synthetic rubber, which is the chief application of butadiene and its derivatives, are used in manufacture of tires, footwear, gloves, wetsuits, soles, gaskets, chewing gum, conveyor belts, industrial hoses, and various moulded and extruded rubber goods, will be acting as a growth driver for the market. There has also been a surge in the demand for automotive tyres due to the growing increase in the automobiles across globe which has led to a steady growth in global butadiene market

There have also been factors like fluctuating cost of natural rubber, enhance properties of synthetic rubber and geographic restraints of rubber plantation that have compelled the consumers to shift from natural rubber to synthetic rubber thereby enhancing the global usage of butadiene. Additionally, a growth in the cost benefits and high profit margins for the tire and rubber products will also propel the growth of the market. However, the product maturity for butadiene coupled with the volatile prices for raw materials have been projected to be the key challenges for butadiene market participants. There have also been health concerns raised due to continuous exposure to butadiene thats expected to pose safety and regulatory challenges for the market. These health concerns have led the regulatory authorities to establish strict guidelines for maintenance ofsafety standards in industries andto overcome the same, industry has started considering a shift in focus towards developing bio-based alternatives

Market Segments:

The market for Global Butadiene market has been segmented in the terms of its derivatives type, applications and region manufactured:

Segments on the basis of Regionof dominance of Brazing Alloys market:

--> APAC
--> North America
--> Latin America
--> Europe
--> Middle East and Africa

Segments on the basis of End User Application of Brazing Alloys market:

--> Automotive tyres
--> Rubbers
--> Adhesives
--> Paints
--> Coatings
--> Others

Segments on the basis of Derivatives Typeof Brazing Alloys market:

--> Styrene butadiene rubber (SBR)
--> Polybutadiene rubber (PBR)
--> Acrylonitrile butadiene styrene (ABS) resins
--> Styrene butadiene (SB) latex

Geographical Analysis

APAC is expected to have a dominance in the global market of Butadienewith China being one of the major consumers of chemicals. Also, other developing countries such as India and China have contributed to a high growth of global market due to the favourable investment policies of government in order to promote industrial growth, increase in population and developing economies. The US has also contributed to a large market share due to the high growth opportunities in this region. Many manufacturing industries are integrated with the butadiene facilities at China which in turn is expected to foster the growth. Changing preferences in feedstock for manufacturing ethylene also drives the global butadiene market in this region.Also, low operating rates of ethylene crackers as compared to butadiene especially in the U.S may enhance the global market growth in the coming future.

Key Players:

Some of the major names in this industry can be listed down as below:

--> BASF
--> Dow Chemical
--> ExxonMobil
--> Royal Dutch Shell
--> Sinopec Group
--> Braskem
--> CNOOC Limited
-- >> China National Petroleum Corporation
--> Eni
--> Evonik
--> Formosa Petrochemical

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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