Butadiene, also known as 1, 3-butadiene, is a colorless, non-corrosive gas that condenses to a liquid at minus 4.5 degrees centigrade and has a mild aromatic odor. It readily polymerizes with oxygen. It is soluble in alcohol and ether, however it is insoluble in water. It is an industrial chemical used in the manufacture of synthetic rubber. It is produced as a byproduct in the steam cracking process of ethylene and olefin production and acts as a predecessor to many processing materials and chemicals. Butadiene is used to make plastics including acrylics. Small amounts are found in gasoline.
Butadiene is a raw material for the production of synthetic rubbers, which go into tyres for the automotive industry.
In the world wide, giant manufactures mainly distribute in China, American and Europe. American has a long history and unshakable status in this industry, like Texas Petrochemicals and LyondellBasell, both have perfect products. Europe is the largest producer and consumption market of butadiene, it is BASF and Evonik that lead the technology development. In China, the manufactures focus in CNPC, CNOOC and Sinopec.
Due to the wide downstream consumption of the Butadiene, it should have large production share in daily chemical products. Recent years, there are some companies starting to research and development the product. The industry will form a much high concentration of global market competition in future. At present, the China, American and Europe account for above 70% of global market share in butadiene field.
After decades of development, the giant manufacturers have proven technique. The butadiene industry concentration is not very high in China, focusing in CNPC, CNOOC and Sinopec.
However, with additional supply coming amid continued weakness in the downstream synthetic rubber market, butadiene buyers have retreated to the sidelines, some factories shut down its butadiene unit. Recently, the price increases for the lack of butadiene, some small factories restart the unit.
In several years, more butadiene will be produced, and the cost will go down as the improvement of skill. The price of butadiene is effected by the economy and policy, after China G20, the price will increase in a short time. With the recovery of industry, butadiene market will be warm.
Global Synthetic Butadiene market size will increase to 10700 Million US$ by 2025, from 12600 Million US$ in 2018, at a CAGR of -2.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Synthetic Butadiene.
This report researches the worldwide Synthetic Butadiene market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Synthetic Butadiene breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
BASF(DE)
Lyondell Basell (US)
Shell Chemical(NL)
Ineos O&P (DE)
FPCC(TW)
ExxonMobil(US)
Sabic(SA)
Zeon(JP)
Dow(US)
LG Chem(KR)
JSR Corp(JP)
Evonik(DE)
Reliance Industries (IN)
Nizhnekamskneftekhim(RU)
Sinopec (CN)
CNPC (CN)
CNOOC(CN)
FREP(CN)
North Huajin (CN)
Synthetic Butadiene Breakdown Data by Type
Oxidative dehydrogenation
Extractive distillation
Synthetic Butadiene Breakdown Data by Application
SBR
PBR
SBS
ABS
Others
Synthetic Butadiene Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Synthetic Butadiene Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Synthetic Butadiene capacity, production, value, consumption, status and forecast;
To focus on the key Synthetic Butadiene manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Synthetic Butadiene :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Synthetic Butadiene . Industry analysis & Market Report on Synthetic Butadiene is a syndicated market report, published as Global Synthetic Butadiene Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Synthetic Butadiene market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.