Global Butadiene Market - Share, Growth, Analysis, Forecast to 2025

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Global Butadiene Market 2019 By Industry Growth
Regional Trend To 2025 Global Market Insights
Inc.
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Regional Analysis of Butadiene Market

• North America led by Mexico, Canada and the U.S.
  butadiene market size is projected to witness
  substantial gains by 2025. Butadiene offers
  flexibility in integrating components while being
  economical in nature. The product is also used
  for producing tires owing to wear resistant
  properties. Growing regional automotive industry
  owing to increased spending and easy vehicle
  financing is likely to favour industry growth.
• Europe driven by UK, Spain, Italy, France and
  Germany butadiene market size is projected to
  amplify owing to its usage in electrical
  industry. The product is utilized for
  manufacturing neoprene. Neoprene owing to its
  electricity resistant properties is used in
  electrical and electronics industry. Rising
  demand for efficient electronic products due to
  security and environmental concerns in the region
  will fortify industry growth.
• Asia Pacific market led by Australia, South
  Korea, Japan, India and China butadiene market
  size may fuel owing to increasing plastic demand
  in the region. The products including styrene
  butadiene rubber and polybutadiene rubber are
  used in plastic manufacturing process. Increasing
  polymer utilization for packaging and storage
  purposes will fortify butadiene demand.

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Application Analysis of Butadiene Market

• Global butadiene market size from plastics
  application is forecasted to grow in the
  estimated timeframe owing to growing plastics
  demand in automotive industry. The products
  including styrene butadiene rubber and
  polybutadiene for their tough nature are used in
  manufacturing polymers. Increasing plastics
  demand due to its utilization for packaging and
  automotive industries may amplify butadiene
  market size.
• Global butadiene market size from automotive
  application is forecasted to grow in the
  estimated timeframe owing to increasing shared
  mobility services demand. The product including
  nitrile rubber for its oil fuel resistant
  properties is used in manufacturing seals and
  hoses in automotive sector. Rising automotive
  industry due to increase consumers purchasing
  power will have a positive impact on product
  demand.

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Browse Full Market Research Report On Butadiene
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Market research reports Key analytical components
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Competitive Market Share of Butadiene Market

• Global butadiene market share is moderately
  fragmented with major players includes BASF SE,
  China Petroleum and Chemical Corporation, Haldia
  Petrochemicals Ltd, Exxon Mobil Corporation,
  Royal Dutch Shell, Reliance Industries Limited,
  TPC Group and Evonik Industries AG. Manufacturers
  are focusing on expansion by implementing
  strategic alliance, joint ventures and mergers
  acquisitions due to growing product applications
  in tire rubber, plastic, electricals, and
  textile industry which may stimulate market size.

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