Butadiene and Derivatives Market Size, Share, Growth, Trends, and Forecast by 2031

MARKET INTRODUCTION

Butadiene is a highly reactive gas, which is non-corrosive and colorless. It has a mild aromatic or gasoline-like odor at room temperature and pressure. Butadiene is produced as a by-product of propylene and ethylene manufacturing units. It is majorly used as a monomer for the production of plastics and synthetic rubbers. Derivatives of butadiene include polybutadiene rubber (PBR), styrene-butadiene rubber (SBR), styrene-butadiene latex (SB Latex), acrylonitrile butadiene styrene resins (ABS), adiponitrile, nitrile rubber (NR), and others.

MARKET DYNAMICS

Asia Pacific, North America, and West Europe are considered as major contributors to the market growth. The automotive industry highly relies on the butadiene derivative, polybutadiene rubber (PBR) for non-tire applications, such as belts, hoses, gaskets, and other automotive components, attributed to its high resistance to cold temperatures. The escalating number of automobiles across the globe coupled with the rising demand for PBR for numerous applications are anticipated to fuel the growth of the global butadiene and derivatives market.

MARKET SCOPE

The "Global Butadiene and Derivatives Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the butadiene and derivatives market with detailed market segmentation by derivative type, end-user industry and geography. The global butadiene and derivatives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading butadiene and derivatives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global butadiene and derivatives market is segmented on the basis of derivative type and end-user industry. On the basis of derivative type, butadiene and derivatives market is classified into polybutadiene rubber (PBR), styrene-butadiene rubber (SBR), styrene butadiene latex (SB Latex), acrylonitrile butadiene styrene resins (ABS), adiponitrile, nitrile rubber (NR), and others. On the basis of end-user industry, market is segmented into plastic and polymer, tire and rubber, chemical and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global butadiene and derivatives market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The butadiene and derivatives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the butadiene and derivatives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the butadiene and derivatives market in these regions.

MARKET PLAYERS

The reports cover key developments in the butadiene and derivatives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from butadiene and derivatives market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the butadiene and derivatives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the butadiene and derivatives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  BASF SE
  China Petroleum & Chemical Corporation
  Evonik Industries AG
  Exxon Mobil Corporation
  JSR Corporation
  LANXESS
  LyondellBasell Industries Holdings B.V.
  SABIC
  TPC Group
  Versalis S.p.A.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Butadiene and Derivatives Report Scope