Global Butadiene Market Overview

Global butadiene demand was estimated to be around 12296 kilo tons in 2018. The global butadiene market has grown at an average of 3.2% from 2014 to 2018 mainly due to strong demand from butadiene derivatives like Styrene Butadiene Rubber (SBR), Polybutadiene Rubber (PBR), Acrylonitrile Butadiene Styrene (ABS) and others in the Asia-Pacific region. The global butadiene market was impacted by the economic meltdown in 2008-2009. The demand declined during that period, with an estimated decline of more than 4% in 2009. The demand bounced back in 2011.
The global butadiene demand is dominated by the production of rubber and latex elastomers, to serve its major market, SBR and Polybutadiene Rubber (PBR). The dynamics in the automotive and tyre industries has a major impact on the global butadiene market. The downturn observed in the automotive industry in the USA and Western Europe owing to the global economic recession had a severe impact on the automotive industry in 2008-2009. The biggest non-elastomer application of Butadiene is ABS resin accounting for almost 15.7% of the total butadiene demand. It was also expected to one be the fastest growing application during that period. Other major large volume applications of Butadiene like SBR and SB latex have grown at an annual average of 3.3% and 2.7% respectively.
In terms of major end-use applications and derivatives market, SBR was expected to lead the consumption with more than 28.6% market share followed by PBR with a market share of around 23.9%. Adiponitrile and ABS followed with 5.1% and 15.7% market share respectively while Nitrile and Polychloroprene elastomers trailed with 7.7% share in global butadiene market.
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