The credible 1, 3 BUTADIENE MARKET research report gives detailed synopsis on the study of 1, 3 BUTADIENE MARKET industry and its impact on the market environment. This market document provides statistics on the current state of the industry as a helpful source of assistance and direction for companies and investors interested in this market. The business report explains current and future market trends and carries out analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. In addition, the worldwide 1, 3 BUTADIENE MARKET report also gives a view about key players, major collaborations, merger, & acquisitions along with trending innovation and business policies. An all-inclusive 1, 3 BUTADIENE MARKET report analyses the market status, market share, current trends, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. To serve clients with the best in the industry, a team of experts, skilled analysts, dynamic forecasters and knowledgeable researchers work meticulously while preparing this report. 1, 3 BUTADIENE MARKET report is prepared specifically by keeping in mind business needs of all sizes. As businesses can attain thorough insights with this report, they can self-assuredly make decisions about their production and marketing strategies.
The 1, 3 butadiene market is likely to witness considerable growth during the forecast period. 1, 3 butadiene market is expected to account a healthy growth rate in forecast period which has driven by technological innovations and application-specific developments. Furthermore, multiple industries are working on the research & development aspect of the compound to improve its properties and deal to a wider market base, which in turn boost the growth of the market during the forecast period.
Data Bridge Market Research analyses that the 1, 3 butadiene market was valued at USD 34.99 billion in 2021 and is expected to reach USD 55.77 billion by 2029, registering a CAGR of 6.00% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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1, 3 butadiene also well-known as butadiene. This is an industrial chemical which is used in the production of synthetic rubber. It is formed as a by-product during the steam cracking process of olefin and ethylene production. It is an extremely reactive, colourless and flammable gas with a mild aromatic odour. It willingly polymerizes with oxygen. It is soluble in both ether and alcohol. However, it is insoluble in water.
Some of the major players operating in the 1, 3 butadiene market are:
BASF SE (Germany)
LyondellBasell Industries Holdings B.V (Netherland)
Exxon Mobil Corporation (U.S.)
China Petrochemical Corporation (China)
Shell plc (U.K.)
LG Chem (South Korea)
JSR Corporation (Japan)
Evonik Industries AG (Germany)
Idemitsu Kosan Co.,Ltd. (Japan)
Cray Valley (U.S.)
Polymer Source. Inc. (Canada)
NIPPON SODA CO., LTD. (Japan)
Island Pyrochemical Industries (IPI) (U.S.)
SABIC (Saudi Arabia)
Reliance Industries Limited (India)
Omnova Solutions Inc,(U.S.)
KUMHO POLYCHEM (South Korea)
China National Petroleum Corporation (China)
The 1, 3 butadiene market is analysed and market size insights and trends are provided by country, type, product and end user as referenced above.
The countries covered in the 1, 3 butadiene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the 1, 3 butadiene market in terms of revenue and market share due to developing countries and imposition of favourable investment initiatives and policies to promote industrial growth by the governments. Also, rise in end-user industries such as consumer products, automotive and construction will likely to boost the growth of the market in this region.
North America is expected to be the fastest developing region during the forecast period of 2022-2029 due to rising automotive, construction and other end-user industries, mainly in Argentina, Brazil, and South Africa..
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Table of Content
Chapter 1: Market overview
Chapter 2: Global 1, 3 Butadiene Market
Chapter 3: Regional analysis of the Global 1, 3 Butadiene Market industry
Chapter 4: 1, 3 Butadiene Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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