DALLAS, October 28, 2013 /PRNewswire/ --
The report, "Butadiene Market & Its Derivatives (SBR, PBR, ABS, SB Latex, Adiponitrile, NR & Others) Market by Applications & Geography - Trends and Forecasts to 2018", defines and segments the global butadiene market & its derivatives market with analysis and forecasting of the global consumption volume and value.
Browse 114 market data tables and 37 figures spread through 265 pages and in-depth TOC on "Butadiene Market".
Early buyers will receive 10% customization on this report.
Asia-Pacific - Biggest Market of Butadiene
Asia-Pacific is the world's largest market of butadiene, which consumed more than half of the total global demand, and also for most of its derivatives that includes styrene butadiene rubber (SBR), polybutadiene rubber (PBR), acrylonitrile butadiene styrene (ABS), and nitrile rubber (NR). Various countries in Asia-Pacific are ahead of them all to implement butadiene and its downstream derivatives in a diverse range of applications. Demand growth of butadiene in the region is projected to be well above the average growth rate of the market. China and South Korea are the biggest consumers of butadiene in the region while India and China are expected to be the fastest growing Butadiene Market. A few of the reasons for the high level growth in this region are growing population, vast economies-developed as well as developing, and favorable investment policies and government initiatives to promote industrial growth. The budding nature of the economies and rising consumption trends for various materials such as synthetic rubbers and ABS resin drives the demand of butadiene at a significant pace in the region.
"Styrene Butadiene Rubber - The Biggest and Polybutadiene Rubber - The Fastest Growing" Butadiene Markets
Butadiene is a major feedstock to manufacture SBR, with just less than one third of its total global demand being consumed to manufacture SBR. Butadiene demand by SBR manufacturers is quite high in the U.S., followed by China, South Korea, and Japan. Subsequently, PBR manufacturers were the second largest consumers of butadiene with a butadiene consumption share difference of 2.4%, compared to SBR manufacturers. The PBR manufacturing segment is also the fastest growing end-use segment with an expected CAGR of about 4.9% from 2013 to 2018. Butadiene is majorly consumed by PBR manufacturers in countries that include China, U.S., South Korea, Japan, Russia, etc. Growth of the SBR & PBR market is largely associated with the growth in the automotive industry globally. The automotive industry is expected to push the tire industry to new heights, which in turn will help the styrene butadiene rubber and polybutadiene rubber market achieve greater volumes and revenues in the near future; hence this drives the demand for butadiene at a significant pace.
Browse related reports
Styrenics Market - Polystyrene (Expanded, GPPS), Acrylonitrile Butadiene Styrene, SBR, UPR - Global Trends & Forecasts to 2018
1,4-Butanediol (BDO) Market by Technology (Reppe Process, Davy process, Butadiene Process, Propylene Oxide Process & Others), Applications & Geography - Global Industry Trends & Forecasts to 2017
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets