1, 3 Butadiene Industry Size, Growth, Demand, Opportunities and Forecast By 2029
1, 3 Butadiene Industry Size, Growth, Demand, Opportunities and Forecast By 2029
According to 1, 3 Butadiene market research report, global market is anticipated to witness a relatively higher growth rate during the forecast period. This market report covers many business strategies such as new product launches, expansions, agreements, partnerships, joint ventures, acquisitions, and others that help to amplify their footprints in the market. The market drivers and restraints have been explained in the report using SWOT analysis. The market share of major competitors on global level is also studied in the world class 1, 3 Butadiene report where key areas such as Europe, North America, Asia Pacific and South America are covered in this market research report.
A dependable 1, 3 Butadiene market report comprises of data that can be pretty indispensable when it is about dominating the market or making a mark in the market as a latest emergent. The report studies and evaluates market drivers, market restraints, challenges, opportunities and key developments in the market. It also includes strategic profiling of top players in the market, wide-ranging analysis of their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions which are applicable for the businesses. An all-inclusive 1, 3 Butadiene market research report consists of the systematic and comprehensive market research study that provides the facts and figures in the field of marketing.
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Data Bridge Market Research analyses that the 1, 3 butadiene market was valued at USD 34.99 billion in 2021 and is expected to reach USD 55.77 billion by 2029, registering a CAGR of 6.00% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
1, 3 butadiene also well-known as butadiene. This is an industrial chemical which is used in the production of synthetic rubber. It is formed as a by-product during the steam cracking process of olefin and ethylene production. It is an extremely reactive, colourless and flammable gas with a mild aromatic odour. It willingly polymerizes with oxygen. It is soluble in both ether and alcohol. However, it is insoluble in water.
Some of the major players operating in the 1, 3 butadiene market are:
BASF SE (Germany)
LyondellBasell Industries Holdings B.V (Netherland)
Exxon Mobil Corporation (U.S.)
Lanxess (Germany)
China Petrochemical Corporation (China)
Shell plc (U.K.)
TSRC (Taiwan)
LG Chem (South Korea)
JSR Corporation (Japan)
Evonik Industries AG (Germany)
Idemitsu Kosan Co.,Ltd. (Japan)
Cray Valley (U.S.)
Polymer Source. Inc. (Canada)
NIPPON SODA CO., LTD. (Japan)
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Global 1, 3 Butadiene Market Scope:
Global 1, 3 butadiene market is segmented on the basis of type, product and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Extractive Distillation
Oxidative Dehydrogenation
Product
Butadiene Rubber
Styrene Butadiene Rubber
Acrylonitrile Butadiene Rubber
Nitrile Butadiene Rubber
SB Latex
Hexamethylenediamine
Others
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-1-3-butadiene-market
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