The Butadiene Market size is expected to grow from USD 12.75 Billion in 2022 to USD 60.95 Billion by 2030, at a CAGR of 21.6 % during the forecast period.
The petrochemical industry's butadiene market is devoted to the production and distribution of butadiene, a chemical compound that is mostly utilized in the creation of synthetic rubber, including polybutadiene rubber (PBR) and styrene-butadiene rubber (SBR). Additionally, butadiene is utilized in the creation of several resins and polymers. This market supplies the raw materials needed to produce a range of rubber and plastic goods, serving the tire, plastics, and automotive industries among others.
Top Key Players Covered In Butadiene Market
China Petroleum & Chemical Corporation (China), Shell PLC(UK), Eni Corporations (Italy), Evonik Industries (Germany), INEOS Group Ltd. (UK), LANXESS Chemicals Company (Germany), LG Chemicals Company (South Korea), LyondellBasell Industries Holdings BV (Netherlands), PJSC "Nizhnekamskneftekhim" (Russia), Repsol S. A. (Spain), Saudi Basic Industries Corporation (Saudi Arabia), The Dow Chemical Company (US), TPC Group(US), Formosa Plastics Corporation (Taiwan), ZEON Corporation (Japan), China Petrochemical Corporation Borealis AG (China), Versalis S.P.A. (Italy), and Other Major Players
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The study examines the global Butadiene market across several industrial verticals and geographic areas. Its goal is to estimate the market's size and future growth potential across many categories, including product type, end-user, and geography. In addition, the report offers a competitive analysis of the market's major competitors, including company biographies, SWOT analyses, recent developments, and important industry strategies.
The research will assist new entrants and market leaders by offering the most accurate revenue estimates for the overall Butadiene market and its sub-segments. This study will assist stakeholders in better understanding the competitive environment and gain further insights in order to better position their companies and develop appropriate go-to-market strategies. The study will also help users by providing data on major market drivers, constraints, challenges, and opportunities.
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Segmentation Analysis of the Butadiene Market
Growing Demand for Styrene Butadiene Rubber (SBR) is another trend that VMR believes will persist in the Butadiene sector. The market for butadiene's largest application sector is SBR. The market is anticipated to be significantly driven by the tire industry's increasing need for SBR.
By Product
· Butadiene Rubber
· Styrene Butadiene Rubber
· Acrylonitrile Butadiene Rubber
· Nitrile Butadiene Rubber
· Others
By End-Users
· Automobile Industries
· Building & Construction
· Consumer Products Industries
· Healthcare
· Others
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The report on the global Butadiene market includes a thorough analysis of the regional landscape, which offers a comprehensive overview of the sales growth in various regional and country-level markets. The study presents a detailed and precise volume analysis of each country and a comprehensive market size analysis of each region in the global Butadiene market.
By Region
• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
Target Audience of the Global Butadiene in Market Study:
· Key Consulting Companies & Advisors
· Key manufacturers
· Large, medium-sized, and small enterprises
· Venture capitalists
· Value-Added Resellers
· Third-party knowledge providers
· Investment bankers
· Investors
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