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Sept. 10, 2019, 6:43 p.m. EDT

Global Synthetic and Bio-based Butadiene Market Size and Share to 2024 by BASF, Evonik Industries AG, Eni S.p.A, Exxon Mobil, INEOS Group

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Sep 10, 2019 (Reporthive Research via COMTEX) -- The Synthetic and Bio-based Butadiene Market research report provide Industry analysis with growth opportunities in this market with current and improved data like size, trends, Market Share and forecast to 2024.

Production and demand for biobased butadiene are expected to increase significantly during the forecast period. Production of biobased butadiene is not only anticipated to lower the dependency on crude oil, but also make the butadiene market more cost competitive. Various countries are aligning their operations with eco-friendly initiatives, which include minimizing the consumption of crude oils and their by-products. Rise in demand for green tires and eco-friendly products due to environmental concerns plays a major role in driving the demand for biobased butadiene.

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Owing to the growth of the automotive industry in the region. Based on product type, the synthetic segment held major share of the global synthetic and biobased butadiene market in 2017.

Key Companies
BASF
Evonik Industries AG
Eni S.p.A
Exxon Mobil
INEOS Group
LyondellBasell Industries N.V.
PCS
Repsol
Royal Dutch Shell and more

Synthetic butadiene and biobased butadiene, termed as 1,3-butadiene, are non-corrosive, colorless gases that condense to a liquid form at -4.5�C. They have a mild aromatic odor. Synthetic butadiene is produced commercially by refinement of crude butylene concentration (C4) stream, a by-product of ethylene and propylene production.

Butadiene is largely consumed in rubber applications. It is primarily used as chemical intermediate and monomer to produce polymers such as elastomers including SBR, PBR, and NBR (nitrile butadiene rubber). Synthetic and biobased butadiene are key components used in the manufacture of SBR, PBR, SB latex, ABS, and adiponitrile. The others segment includes NBR and synthetic styrene butadiene rubber (SSBR). SBR and PBR are widely employed in automotive and rubber industries. ABS is majorly used in automation system as well as in lightweight vehicles. On the other hand, PBR and SBR are the key components used in tire manufacturing. Additionally, rise in demand for gloves, foams, plastic materials, automotive tires, paper coatings, and carpets is anticipated to propel the market in the near future.

Market Segment by Type, covers:
Synthetic
Bio-based

Market Segment by Applications, can be divided into:
SB Rubber
Butadiene Rubber
SB Latex
ABS
Adiponitrile
Others

Regional Analysis For Synthetic and Bio-based Butadiene Market:
United States
Europe
China
Japan
Southeast Asia
India
Central and South America

Highlighted points of the global market research report:
It includes global market driving and restraining factors
It offers business profiles of various global investors
Analysis of micro and macro-economic factors impacting on the global market

View the Full Report @: https://reporthive.com/Report/2005962/Synthetic-and-Bio-based-Butadiene-Market
If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Table of Contents
Part 1 Market Overview
Part 2 Key Companies
Part 3 Global Market Status and Future Forecast
Part 4 Asia-Pacific Market Status and Future Forecast
Part 5 Europe Market Status and Future Forecast
Part 6 North America Market Status and Future Forecast
Part 7 South America Market Status and Future Forecast
Part 8 Middle East and Africa Market Status and Future Forecast
Part 9 Market Features
Part 10 Investment Opportunity
Part 11 Conclusion
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