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1-Butene Market worth $1,143.65 million by 2030, growing at a CAGR of 5.11% - Exclusive Report by 360iResearch
1-Butene Market | 360iResearch
The Global 1-Butene Market to grow from USD 806.83 million in 2023 to USD 1,143.65 million by 2030, at a CAGR of 5.11%.
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1-butene, an organic chemical compound belonging to the group of alkenes, is a colorless, flammable gas with a faint petroleum-like odor. It is an alpha-olefin distinguished by a double bond at the first carbon atom, critically implicating its chemical reactivity and industrial applications. 1-butene is used as a co-monomer in the production of polyethylene, one of the world's most prevalent plastics, and is a precursor to a variety of other chemical products, including butadiene, a key element in the manufacture of synthetic rubber. The adoption is driven by the expanding plastic industries, particularly polyethylene demand for packaging, automotive, and construction materials. Technological advancements in the extraction and processing of 1-butene from various feedstocks, including natural gas and naphtha, are enabling more efficient production. Volatile raw material prices and strict environmental regulations related to the production and use of 1-butene are significant restraints. The fluctuating costs of crude oil and natural gas can substantially impact and affect profitability for producers. One of the major challenges is the increasing awareness and push for environmentally-friendly materials, as 1-butene is a component in the production of plastics, which face scrutiny regarding their biodegradability and lifecycle. Moreover, opportunities to develop sustainable production methods for 1-butene and innovate bio-based alternatives are expected to drive their adoption. Moreover, the growing demand in emerging economies presents significant opportunities for industry expansion, particularly in regions with robust industrial growth.
Market Segmentation & Coverage:
This research report categorizes the 1-Butene Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Application, market is studied across Adhesives & Sealants, Cosmetics & Personal Care Products, Fuels, Packaging, Polishes & Waxes, and Washing & Cleaning Products. The Cosmetics & Personal Care Products is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the 1-Butene Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the 1-Butene Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the 1-Butene Market, highlighting leading vendors and their innovative profiles. These include Bangkok Synthetics Co., Ltd., BASF SE, Chevron Phillips Chemical Company LLC, China National Petroleum Corporation, Daelim Co., Ltd., Evonik Industries AG, Exxon Mobil Corporation, Haldia Petrochemicals Limited, Heze Sirloong Chemical Co.,Ltd, Idemitsu Kosan Co.,Ltd., Jam Petrochemical Company, Linde PLC, Lorestan Petrochemical Co., Lyondellbasell Industries N.V., Merck KGaA, Mitsui Chemicals, Inc., MOGAS Industries, Inc., PETRONAS Chemicals Group Berhad, Praxair Technology, Inc., PTT Global Chemical Public Company Limited., SABIC, Shell International B.V., Sumitomo Chemical Co., Ltd., Tokyo Chemical Industry Co., Ltd., and TPC Group.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 1-Butene Market, by Application
7. Americas 1-Butene Market
8. Asia-Pacific 1-Butene Market
9. Europe, Middle East & Africa 1-Butene Market
10. Competitive Landscape
11. Competitive Portfolio
12. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the 1-Butene Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 1-Butene Market?
3. What is the competitive strategic window for opportunities in the 1-Butene Market?
4. What are the technology trends and regulatory frameworks in the 1-Butene Market?
5. What is the market share of the leading vendors in the 1-Butene Market?
6. What modes and strategic moves are considered suitable for entering the 1-Butene Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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