Press release
Butadiene Market is set to increase at 9.60% CAGR by 2032 to reach a Valuation of US$ 24.64 billion | MRFR
Butadiene Industry Overview:The study documents by MRFR state that the Butadiene Market Research Report Information by End User, Product Type, Production Process, and Region - Forecast Till 2032, the Butadiene market is likely to grow considerably throughout the valuation period from 2023 to 2032 at a notable CAGR of nearly 9.60%. The research reports provide predictions regarding the global market's rising revenue data, which is anticipated to acquire a market worth of USD 24.64 Billion by the end of 2032. The reports also tell that the market will be worth nearly USD 10.8 Billion in 2022. The Butadiene market has recently advanced. The main feature causing a rise in market performance is the escalating demand from end-use industries for improved functionality at lower cost. Furthermore, the rising number of automobiles across the globe is also likely to cause a surge in the performance of the global market over the coming years.
Get Sample @ https://www.marketresearchfuture.com/sample_request/12485
Competitive Analysis
Formosa Plastics Corporation
China Petroleum & Chemical Corporation
Eni S.p.A.
Royal Dutch Shell Plc
Ineos Group AG
Borealis AG
LG Chem
Versalis S.p.A.
Nizhnekamskneftekhim
Evonik Industries AG
SABIC
LANXESS
TPC Group
LyondellBasell Industries Holdings B.V.
ZEON Corporation
Repsol
Shanghai Petrochemical
The Dow Chemical Company
Market Drivers
The Butadiene market has recently advanced. The main feature causing a rise in market performance is the escalating demand from end-use industries for improved functionality at lower cost. Furthermore, the rising number of automobiles across the globe is also likely to cause a surge in the performance of the global market over the coming years. Moreover, the growing carbon footprint across the world, along with the escalating demand for renewable energy sources, are also likely to enhance the development of the global market over the coming years. In addition, factors such as the increasing adoption of electric vehicles, the expanding chemical sector, and rapid technological innovations are anticipated to boost the growth of the global market.
Buy Now @ https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=12485
Market Restraints
However, several parameters may impede Butadiene's performance in the global market. One of the main parameters limiting the development of the market is the elevated prices associated with raw materials.
Segment Analysis
The global market for Butadiene has been segregated into various segments based on End User, Product Type, Production Process, and Region.
Based on the product type, the global market for Butadiene is divided into Hexamethylenediamine, Butadiene Rubber, Styrene Butadiene Latex, Styrene Butadiene Rubber, Nitrile Butadiene Rubber, and Acrylonitrile Butadiene Rubber.
Based on the production process, the global market for Butadiene is divided into butenes, ethanol, C4 hydrocarbon extraction, and n-butane dehydrogenation.
Based on the end-users, the global market for Butadiene is divided into Healthcare, Automobile Industries, Consumer Products Industries, Chemical, Building and construction, Plastics and Polymers, and Others.
Read More @ https://www.marketresearchfuture.com/reports/butadiene-market-12485
Regional Analysis
The data reports by MRFR state that the North American Region ensured the primary spot across the Butadiene market in 2022. The region has substantial development participants, such as the U.S., Canada, and Mexico. The primary parameter causing a surge in the performance of the regional Butadiene market is the fact that the automotive industry, a prime user of synthetic rubber, particularly for tire production, witnessed a significant rise in new sales of light-duty electric vehicles in 2021. In addition, the spending translates into higher vehicle sales, along with increased consumer confidence, which is also likely to catalyze the growth of the regional market over the coming years.
The European Region will grow substantially across the Butadiene market from 2023 to 2032. The region has substantial development participants, such as Germany, France, and the U.K. The primary parameter causing a surge in the performance of the regional Butadiene market is the substantial transition towards electric vehicles (E.V.s) and hybrid vehicles.
The Asia-Pacific region is estimated to grow at the highest pace across the Butadiene market over the assessment period. The region has substantial development participants, such as China, India, and Indonesia. The primary parameter causing a surge in the performance of the regional Butadiene market is the fact that China is one of the world's largest chemical manufacturing hubs with a wide variety of industries. Furthermore, the significant number of local industry players is also likely to enhance the performance of the regional market over the assessment period.
Related Pages:
Butadiene Market Size https://www.marketresearchfuture.com/reports/butadiene-market/market-size
Butadiene Market Trends https://www.marketresearchfuture.com/reports/butadiene-market/market-trends
Butadiene Market Analysis https://www.marketresearchfuture.com/reports/butadiene-market/market-analysis
Butadiene Market Share https://www.marketresearchfuture.com/reports/butadiene-market/market-share
US Butadiene Market https://www.marketresearchfuture.com/reports/us-butadiene-market-14070
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Butadiene Market is set to increase at 9.60% CAGR by 2032 to reach a Valuation of US$ 24.64 billion | MRFR here
News-ID: 3438557 • Views: …
More Releases from Market Research Future
Petri Dish Market Projected to Hit USD 2.59 Billion by 2035, at a Exceptional CA …
Overview
The global petri dish market is witnessing steady growth as laboratories, research institutions, and pharmaceutical companies increasingly rely on these essential laboratory consumables for microbiological testing, cell culture, and drug development. Petri dishes are shallow, cylindrical, lidded dishes typically made of plastic or glass, providing a sterile environment for culturing bacteria, fungi, and other microorganisms. They are critical in clinical diagnostics, research, and quality control applications, making them indispensable in…
IV Pole Market Forecasted to Reach USD 0.4984 Billion By 2035, at an Impressive …
Overview
The global IV pole market is growing steadily, driven by the increasing demand for intravenous therapy in hospitals, clinics, outpatient centers, and home care settings. IV poles are essential devices that hold infusion bags, medication drips, and monitoring equipment, ensuring accurate delivery of therapies while supporting patient mobility. As healthcare delivery shifts toward outpatient care and home-based treatments, the need for reliable, ergonomic, and adjustable IV poles has increased significantly.The…
Autism Spectrum Disorder Market Set to Reach USD 6.025 Billion, with a Healthy 7 …
The market dedicated to Autism Spectrum Disorder (ASD) is currently undergoing a transformative phase. Fueled by a continuous rise in diagnosis rates, a heightened focus on early intervention, and technological advancements, the market is expanding to meet complex and diverse patient needs. According to recent forecasts, the Autism Spectrum Disorder Market is set to reach USD 6.025 Billion, demonstrating a healthy 7.12% CAGR till forecasts 2035. This trajectory underscores the…
Spinal Surgery Market Forecasted to Reach USD 70.34 Billion By 2035, at an Impre …
The Spinal Surgery Market is experiencing a rapid evolution, moving away from traditional open procedures toward high-precision, minimally invasive techniques. This transformation is driven by a convergence of aging demographics, the rising burden of spinal disorders, and game-changing technological integrations like robotics. As the demand for faster recovery and better patient outcomes accelerates, the market is poised for significant financial expansion, with the Spinal Surgery Market Forecasted to Reach USD…
More Releases for Butadiene
Key Influencer in the Butadiene Market 2025: Butadiene Market Growth In Tandem W …
What combination of drivers is leading to accelerated growth in the butadiene market?
As the automotive industry grows, it is predicted to catalyze the butadiene market's expansion. The industry includes the design, production, sale, and service of automobiles. Materials crafted from butadiene have qualities of high endurance, adaptability, and resistance to thermal, chemical, and mechanical stress, making them apt for various automotive applications like seals, gaskets, hoses, belts, and components found…
Butadiene Market Size, Share | Forecast 2032
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: Butadiene Market size was valued at USD 10.7 Billion in 2021 and is projected to reach USD 51.8 Billion by 2030, growing at a CAGR of 19.15 % from 2023 to 2030.
Market Overview for Butadiene Market
Butadiene Market OverviewThe global butadiene market is poised for significant growth driven by expanding applications across various industries. Butadiene, a crucial chemical used primarily in the production of synthetic rubber, is witnessing…
Bio-Butadiene Market 2022 | Detailed Report
The Bio-Butadiene report understands the current and future competitive scenario across types, countries, and applications.It provides accurate, up-to-date analysis of markets and companies.The report use reliable information and analysis to gain a deeper understanding of the current factors impacting the industry.
The Bio-Butadiene report provides exact and accurate data that helps companies of all sizes to make timely decisions. Furthermore, the report provides robust solutions to customers, assisting them to address…
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…
Butadiene and its Derivatives Market Report 2018: Segmentation by Type (Styrene …
Global Butadiene and its Derivatives market research report provides company profile for LyondellBasell Industries, Royal Dutch Shell, Braskem, CNOOC Limited, China National Petroleum Corporation (CNPC), BASF, Sinopec Group, Dow Chemical, ExxonMobil and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Butadiene Market Report 2018: Segmentation by Product (Oxidative dehydrogenation …
Global Butadiene market research report provides company profile for FPCC, BASF, ExxonMobil, JSR Corp, Lotte, LyondellBasell, Ineos O&P, Sinopec, TPC Group, Braskem, Shell Chemical, CNPC and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.…
