1, 3
Butadiene Market By Products (Butadiene Rubber, Styrene Butadiene Rubber, Acrylonitrile
Butadiene Rubber, Nitrile Butadiene Rubber, SB Latex, Hexamethylenediamine, Others)
By End User (Automobile Industries, Building & Construction, Consumer
Products Industries, Healthcare, Other) and Region - Global Forecast 2016 to
2024.
1, 3
butadiene is a colorless, synthetic gas or liquid which is used as a chemical
intermediate or as monomer (a molecule that can make bond with other similar
molecules to form a polymer). 1, 3butadiene is highly used in manufacturing of
synthetic rubbers or elastomers. Further, 1, 3butadiene is highly insoluble in
water and is highly soluble in ethanol, ether, acetone and benzene.
Furthermore,
different types of polymers and monomers can be produced by using 1, 3
butadiene such as styrene-butadiene rubber, nitrile rubber, polychloroprene and
poly butadiene rubber. Such polymers and monomers are used to produce goods and
materials such as tire products, paper coating, carpet, plastic materials,
gloves, wetsuits, gaskets, waders and others. 1, 3 butadiene is a flammable gas
and in presence of oxygen it forms explosive peroxides by oxidization process.
1, 3 butadiene is dangerous for humans and direct exposure of 1, 3 butadiene
can cause irritation of eyes & throat, headache, low blood pressure,
unconsciousness and other hazardous effects on human body.
Market Size & Forecast
Global 1,
3 Butadiene Market is projected to flourish at a robust compound annual growth
rate (CAGR) during the forecast period. Further, global 1,3 butadiene market is
expected to reach at a valuation of around USD 33.5 Billion over the forecast
period i.e. 2017-2024. Factors such as rising demand for good tires on account
of growing automobile sector and rising preference of butadiene in production
of consumer products are expected to be the key factors behind the growth of Global 1, 3 Butadiene Market
during forecast period.
Geographically,
global 1, 3butadiene market has been segmented into five major regions such as
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
region. Among these regions, Asia Pacific region has been the leading market
for 1, 3 butadiene and is expected to behold this position over the forecast
period. At the same time, Asia Pacific region is also anticipated to be the
fastest growing regional market for 1, 3 butadiene owing to growth of end-use
industries including consumer products, building & construction and
automobile industries in this region.
For Sample Pages please go through link
below:
Moreover,
North America region captured the second leading position in global market of
1, 3 butadiene. Further, North America region is expected to witness remarkable
growth during the forecast period due to growing demand for elastomers in tires
and other consumer products in this region. Additionally, Europe region is also
expected to grow at a satisfactory pace during the forecast period owing to
increasing application of 1, 3 butadiene in tire industries and in other
downstream applications in this region.
Market Segmentation
Our-in
depth analysis of the global 1, 3butadiene market includes the following
segments:
By Products
Butadiene
Rubber
Styrene
Butadiene Rubber
Acrylonitrile
Butadiene Rubber
Nitrile
Butadiene Rubber
SB Latex
Hexamethylenediamine
Others
By End User
Automobile
Industries
Building
& Construction
Consumer
Products Industries
Healthcare
Other
By Region
Global 1,
3 butadiene market is further classified on the basis of region as follows:
North
America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity
Analysis
Latin
America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth &
Opportunity Analysis
Europe
(U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands &
Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity
Analysis
Asia-Pacific
(China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market
size, Y-O-Y growth & Opportunity Analysis.
Middle
East and Africa (GCC, North Africa, South Africa, Rest of Middle East and
Africa) Market size, Y-O-Y growth & Opportunity Analysis
Growth Drivers & Challenges
Global 1,3 Butadiene Market
is primarily driven by rising adoption of 1, 3 butadiene in end-use industries
such as automobile, healthcare and building & construction. Additionally,
1,3 butadiene offers elastomers in products such as tire and other products.
Further, growing demand for elastomers property in various consumer products is
vital consideration for the growth of global 1, 3 butadiene market.
Moreover,
1,3 butadiene is highly used in production of tires and other automotive parts
in order to improve their elastic properties. Further, global 1, 3 butadiene
market is envisioned to flourish on account of growing automobile industries in
countries such as India, China and Brazil.
Request For TOC
Here:
Apart from this, rising population, increasing disposable
income & purchasing power of the consumers and changing life style of
population are major reasons which have increased the preference of 1,3
butadiene in production of consumer products. Further, growing selection of 1,3
butadiene in production of consumer products is a major factor which is
envisioned to drive the global 1,3butadiene market in near future.
However,
maturity of the product and prices of raw material are some of the major
challenges towards the growth of global 1,3 butadiene market. Further. This
factor is likely to hamper the growth of global 1,3butadiene market in near
future.
Key Players
BASF S.E.
Company
Overview
Key
Product Offerings
Business
Strategy
SWOT
Analysis
Financials
Braskem
S.A
Exxon
Mobil Chemical Company
ENI S.p.A
Lyondell
Basell Industry N.V.
Royal
Dutch Shell PLC.
Sinopec
TPC Group
Incorporation
Nizhnekamskneftekhim
O.A.O
Lanxess
A.G.
Scope & Context
Overview
of the Parent Market
Analyst
View
Segmentation
The global
1,3 butadiene market is segmented as follows:
By Product
Market Size & Y-O-Y Growth Analysis
By End
User Market Size & Y-O-Y Growth Analysis
By Region
Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply
& Demand Risk
Competitive
Landscape
Porter’s
Five Force Model
Geographical
Economic Activity
Key
Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent
Trends and Developments
Industry
Growth Drivers and Challenges
Key
Information for Players to establish themselves in current dynamic environment
To know
more about this research, kindly visit:
For Table
of Content & Free Sample Report Contact:
Name:-
Ajay Daniel
Email:
ajay.daniel@researchnester.com
U.S. +1
646 586 9123
U.K. +44
203 608 5919
Website:- www.researchnester.com
