123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Butadiene Derivatives Industry - Size, Share, Growth, Trends, By 2023

Profile Picture
By Author: Dipak Rathod
Total Articles: 175
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Market Research Future has published a half-cooked research report on the Global Butadiene Derivatives Market.

Market Definition:

Butadiene is produced as a byproduct during the steam cracking process of ethylene and propylene. It is a highly reactive colorless gas, considered as a vital feedstock for manufacturing various chemicals and materials in automotive, paints, and textile end-use industries.

Butadiene Derivatives Industry has been divided into styrene butadiene rubber (SBR), polybutadiene rubber (PBR), acrylonitrile butadiene styrene (ABS), styrene butadiene latex, adiponitrile, nitrile rubber (NR), and others. Among these, SBR is the leading segment during the forecast period owing to its rising applications in tires and rubber products. Due to its exceptional properties such as better processability and heat and abrasion resistance, it finds applications in gaskets and seals, footwear, and adhesives. These materials offer better grip and low rolling resistance, thus, resulting in reduced CO2 emissions and improved fuel economy. PBR is also expected to account for a significant market share as ...
... it offers superior wear resistance and low-temperature properties and finds application as an impact modifier for ABS resin and polystyrene.

On the basis of application, the global butadiene derivatives market has been segmented into tires and rubber products, injection-molded products, adhesives, paints and coatings, footwear, and others. The tires and rubber is projected to account for the largest market share during the assessment period owing to the surging demand for SBR and ABS in the automotive industry. Rapid industrialization and increasing number of automobiles propel the global market growth. Rubber products such as hoses, gaskets, and seals, shoe heels, and soles drive the growth of the global butadiene derivatives market. Adhesives and paints and coatings segments hold a moderate market share.

Competitive Analysis

LyondellBasell Industries Holdings B.V. (The Netherlands), BASF SE (Germany), Royal Dutch Shell Plc (The Netherlands), PJSC "Nizhnekamskneftekhim" (Russia), TPC Group (US), Exxon Mobil Corporation (US), DowDuPont (US), Braskem (Brazil), Eni S.p.A (Italy), China National Petroleum Corporation (China), China Petrochemical Corporation (China), and CNOOC Limited (China) are some of the key players in the global butadiene derivatives market.

Market Segmentation

The global butadiene derivatives market has been classified into product derivatives, application, and region.

Based on product derivatives, the global butadiene derivatives market has been segmented based on styrene butadiene rubber (SBR), polybutadiene rubber (PBR), acrylonitrile butadiene styrene (ABS), styrene butadiene latex, adiponitrile, nitrile rubber (NR), and others.

By application, the global butadiene derivatives market has been categorized into tires and rubber, injection-molded products, adhesives, paints and coatings, footwear, and others.

The global butadiene derivatives market has been analyzed for five prominent regions —Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Regional Analysis

Geographically, the global butadiene derivatives market has been analyzed for five regions —Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The Asia-Pacific market is expected to be the fastest-growing and is projected to account for the largest share during the assessment period. China is the largest and fastest-growing market in this region owing to the easy availability of raw material and increasing consumer demand. Increasing purchasing power, rapid industrialization, and high-demand from end-use industries are the major factors positively influencing the regional market growth. Japan, India, and South Korea are other prominent countries attributing to the regional market growth. The North American market is projected to account for a significant market share in the coming years owing to the rising applications of butadiene derivatives mainly in tires, rubber, and injection-molded product segments. The US accounts for the largest market share in the region due to the increasing demand for consumer goods such as wetsuits, gloves, hoses, and gaskets and seals.

Access Report Details @ https://www.marketresearchfuture.com/reports/butadiene-derivatives-market-6601

Total Views: 319Word Count: 595See All articles From Author

Add Comment

Business Articles

1. How To Choose The Right Franchise
Author: Sparkleminds

2. Things You Need To Know About Buying Wordpress Hosting
Author: jaysurya

3. What Do You Understand By Web Hosting For Sale?
Author: jaysurya

4. The Best Mass Gainers For Different Types Of Muscle Gains
Author: probilder

5. Can Nutrex Lipo 6 Black Natural And Nutrex Lipo6 Black Ultra Concentrate Help You Lose Weight?
Author: probilder

6. Buy Real And Cheap Youtube Views
Author: Daniel Jones

7. What Are The Characteristics Of Effective Communication?
Author: Charles

8. Company Set Up With Bank Account Can Help You Get A Bank Loan Easily!
Author: TBA Associate

9. Best Gel And Foam Cushions Deliver Great Comfort And Support!
Author: Kelvin Thomas

10. Combo X70 Impels Balaji Construction’s M-sand Journey In Omerga, Maharashtra
Author: cdeasia

11. How To Use Proof Alcohol For Sterilization?
Author: Andrew Winslow

12. What Are The Significance Of Poly(methyl Methacrylate) Microspheres?
Author: Alpha Nanotech

13. Acknowledge The Major Changes In Brc Food Issue 9
Author: john

14. Advantages Of Maverick 88 Heat Shield
Author: Slade Street Tactical

15. Remington 870 Heat Shield Magpul: Try Out For An Impressive Experience
Author: Slade Street Tactical

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: