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Butadiene Market Growth, Qualitative and Quantitative Analysis, Application, Regional Demand, 2025
Butadiene Market
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Global butadiene market size from automotive application is forecasted to grow in the estimated timeframe owing to increasing shared mobility services demand. The product including nitrile rubber for its oil & fuel resistant properties is used in manufacturing seals and hoses in automotive sector. Rising automotive industry due to increase consumer's purchasing power will have a positive impact on product demand.
Company Profiles:
1. BASF SE
2. China Petroleum and Chemical Corporation
3. Haldia Petrochemicals Ltd
4. Exxon Mobil Corporation
5. Royal Dutch Shell
6. Reliance Industries Limited
7. Evonik Industries AG
8. TPC Group
A detailed analysis of the butadiene market has been provided in the report. The analysis is undertaken on the basis of the overall historical data, valid projections on the market size, qualitative insights, and more. The predictions of this report have been inferred based on conclusive analysis techniques and assumptions.
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A detailed evaluation of the popular trends prevalent in the butadiene market has been given in the report, in tandem with the microeconomic pointers and regulatory mandates. With this analysis, the report projects the lucrativeness of every market segment over the forecast period, 2020-2025.
Global butadiene market size from plastics application is forecasted to grow in the estimated timeframe owing to growing plastics demand in automotive industry. The products including styrene butadiene rubber and polybutadiene for their tough nature are used in manufacturing polymers. Increasing plastics demand due to its utilization for packaging and automotive industries may amplify butadiene market size.
The regional segmentation covers:
o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)
North America led by Mexico, Canada and the U.S. butadiene market size is projected to witness substantial gains by 2025. Butadiene offers flexibility in integrating components while being economical in nature.
Europe driven by UK, Spain, Italy, France and Germany butadiene market size is projected to amplify owing to its usage in electrical industry. The product is utilized for manufacturing neoprene. Neoprene owing to its electricity resistant properties is used in electrical and electronics industry.
Asia Pacific market led by Australia, South Korea, Japan, India and China butadiene market size may fuel owing to increasing plastic demand in the region. The products including styrene butadiene rubber and polybutadiene rubber are used in plastic manufacturing process.
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Key questions answered in the report:
o What will be the butadiene market demand, size, share, and consumption between 2020 to 2025?
o What will the growth rate of market?
o What was the status of this market worldwide during the past years?
o What are the key factors that will drive the market?
o What are the risks, opportunities, and the overview of butadiene industry?
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