Selbyville, DE -- (SBWIRE) -- 06/18/2019 -- Global Synthetic Butadiene market size will increase to 10700 Million US$ by 2025, from 12600 Million US$ in 2018, at a CAGR of -2.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Synthetic Butadiene.

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Butadiene, also known as 1, 3-butadiene, is a colorless, non-corrosive gas that condenses to a liquid at minus 4.5 degrees centigrade and has a mild aromatic odor. It readily polymerizes with oxygen. It is soluble in alcohol and ether, however it is insoluble in water. It is an industrial chemical used in the manufacture of synthetic rubber. It is produced as a byproduct in the steam cracking process of ethylene and olefin production and acts as a predecessor to many processing materials and chemicals. Butadiene is used to make plastics including acrylics. Small amounts are found in gasoline.

Butadiene is a raw material for the production of synthetic rubbers, which go into tyres for the automotive industry.

In the world wide, giant manufactures mainly distribute in China, American and Europe. American has a long history and unshakable status in this industry, like Texas Petrochemicals and LyondellBasell, both have perfect products. Europe is the largest producer and consumption market of butadiene, it is BASF and Evonik that lead the technology development. In China, the manufactures focus in CNPC, CNOOC and Sinopec.

Due to the wide downstream consumption of the Butadiene, it should have large production share in daily chemical products. Recent years, there are some companies starting to research and development the product. The industry will form a much high concentration of global market competition in future. At present, the China, American and Europe account for above 70% of global market share in butadiene field.

After decades of development, the giant manufacturers have proven technique. The butadiene industry concentration is not very high in China, focusing in CNPC, CNOOC and Sinopec.

However, with additional supply coming amid continued weakness in the downstream synthetic rubber market, butadiene buyers have retreated to the sidelines, some factories shut down its butadiene unit. Recently, the price increases for the lack of butadiene, some small factories restart the unit.

In several years, more butadiene will be produced, and the cost will go down as the improvement of skill. The price of butadiene is effected by the economy and policy, after China G20, the price will increase in a short time. With the recovery of industry, butadiene market will be warm.

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What pointers are covered in the Synthetic Butadiene market research study?

The Synthetic Butadiene market report | Elucidated with regards to the regional landscape of the industry:
- The geographical reach of the Synthetic Butadiene market has been meticulously segmented into United States, China, Europe, Japan, Southeast Asia & India, according to the report.

- The research enumerates the consumption market share of every region in minute detail, in conjunction with the production market share and revenue.

- Also, the report is inclusive of the growth rate that each region is projected to register over the estimated period.

The Synthetic Butadiene market report | Elucidated with regards to the competitive landscape of the industry:
- The competitive expanse of this business has been flawlessly categorized into companies such as BASF(DE), Lyondell Basell (US), Shell Chemical(NL), Ineos O&P (DE), FPCC(TW), ExxonMobil(US), Sabic(SA), Zeon(JP), Dow(US), LG Chem(KR), JSR Corp(JP), Evonik(DE), Reliance Industries (IN), Nizhnekamskneftekhim(RU), Sinopec (CN), CNPC (CN), CNOOC(CN), FREP(CN) and North Huajin (CN, as per the Synthetic Butadiene market research report.

- Exclusive details pertaining to the contribution that every firm has made to the industry have been outlined in the study. Not to mention, a brief gist of the company description has been provided as well.

- Substantial information subject to the production patterns of each firm and the area that is catered to, has been elucidated.

- The valuation that each company holds, in tandem with the description as well as substantial specifications of the manufactured products have been enumerated in the study as well.

The Synthetic Butadiene market report | Elucidated with regards to some other pointers that would prove vital for stakeholders:

- The Synthetic Butadiene market research report includes the product expanse of the Synthetic Butadiene market, segmented extensively into Oxidative dehydrogenation and Extractive distillation.

- The market share which each product type holds in the Synthetic Butadiene market along with the growth rate that the product is anticipated to register over the forecast time duration have been provided.

- The revenue of each product in question, by the end of the anticipated period in consort with the price patterns of the product have been elucidated in the report.

- The study categorizes, in meticulous aspects, the application scope of the Synthetic Butadiene market into SBR, PBR, SBS, ABS and Others.

- The report encompasses the market share that every application will be accountable for in the Synthetic Butadiene market, in addition to the growth rate which each application segment will plausibly record over the projected timeline.

- The valuation that the applications will hold by the end of the expected duration has also been outlined in the study.

The Synthetic Butadiene market research study conscientiously mentions a separate section that enumerates details with regards to major parameters like the price fads of key raw material and industrial chain analysis, not to mention, details about the suppliers of the raw material. That said, it is pivotal to mention that the Synthetic Butadiene market report also expounds an analysis of the industry distribution chain, further advancing on aspects such as important distributors and the customer pool.

Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources

Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends

Chapter 3: Synthetic Butadiene Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape

Chapter 4: Synthetic Butadiene Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis

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