dots's blog

1,3-Butadiene (BD) Market Share & Market Analysis - Growth Trends & Forecasts for period from (2024 - 2031)

dots's photo
dots
·

4 min read

The "1,3-Butadiene (BD) market" report analyzes important operational and performance data so one may compare them to their own business, the businesses of their clients, or the companies of their rivals. And this report consists of 154 pages. The 1,3-Butadiene (BD) market is expected to grow annually by 13.7% (CAGR 2024 - 2031).

1,3-Butadiene (BD) Market Overview and Report Coverage

1,3-Butadiene (BD) is a key compound in the production of synthetic rubber, primarily used in the automotive and tire industries. The market for 1,3-Butadiene (BD) is experiencing steady growth due to increasing demand for rubber in emerging economies, alongside the rising automotive production worldwide. Additionally, the growing preferences for fuel-efficient and durable tires are driving the demand for 1,3-Butadiene (BD) in the market. The market research indicates a positive trajectory for the 1,3-Butadiene (BD) market with a compound annual growth rate expected to surpass X% in the coming years, presenting lucrative opportunities for industry players.

Obtain a PDF sample of the 1,3-Butadiene (BD) market research report https://www.reliablebusinessinsights.com/enquiry/request-sample/1826598

Market Segmentation 2024 - 2031:

In terms of Product Type: DMF Method,ACN Method,NMP Method, the 1,3-Butadiene (BD) market is segmented into:

  • DMF Method
  • ACN Method
  • NMP Method

In terms of Product Application: Butadiene Rubber,ABS,SBR,NBR,Hexamethylenediamine,Other, the 1,3-Butadiene (BD) market is segmented into:

  • Butadiene Rubber
  • ABS
  • SBR
  • NBR
  • Hexamethylenediamine
  • Other

Get a Sample PDF of the Report: https://www.reliablebusinessinsights.com/enquiry/request-sample/1826598

The available 1,3-Butadiene (BD) Market Players are listed by region as follows:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The 1,3-Butadiene (BD) market is expected to witness significant growth across various regions in the coming years. In North America, the United States and Canada are projected to experience a steady increase in demand for BD due to the growing automotive and construction industries. In Europe, countries like Germany, France, the ., and Italy are likely to drive market growth with a focus on research and development activities. The Asia-Pacific region, particularly China, Japan, South Korea, India, and Australia, is anticipated to dominate the market due to rapid industrialization and urbanization. Meanwhile, Latin America and the Middle East & Africa regions are expected to contribute to market expansion with increasing investments in the petrochemical sector. Overall, Asia-Pacific is forecasted to dominate the BD market in the foreseeable future, driven by rising demand from various end-use industries.

Get all your queries resolved regarding the 1,3-Butadiene (BD) market before purchasing it at https://www.reliablebusinessinsights.com/enquiry/pre-order-enquiry/1826598

Leading 1,3-Butadiene (BD) Industry Participants

The market leaders in the 1,3-Butadiene (BD) industry include ExxonMobil Chemical, SABIC, Chevron Phillips Chemical, INEOS, Shell, DowDuPont, and BASF. These established companies have the resources, expertise, and market presence to drive growth in the 1,3-Butadiene market through research and development, strategic partnerships, and investments in production capacity.

New entrants such as China Wanda Group, LG Chem, Air Liquide, and others can bring fresh perspectives, innovative technologies, and competitive pricing to the market, further stimulating growth. By collaborating with these established and new players, the 1,3-Butadiene market can benefit from increased production efficiencies, expanded applications, and expanded global reach. Collectively, these companies play a crucial role in driving the growth and development of the 1,3-Butadiene industry.

  • ExxonMobil Chemical
  • SABIC
  • ENI
  • Chevron Phillips Chemical
  • INEOS
  • YEOCHUN NCC
  • SINOPEC
  • China Wanda Group
  • DowDuPont
  • LG Chem
  • Shell
  • Total
  • Air Liquide
  • Lanxess
  • LyondellBasell
  • Evonik
  • TPC Group
  • Nizhnekamskneftekhim
  • Braskem
  • BASF

Purchase this Report (Price 4350 USD for a Single-User License) -https://www.reliablebusinessinsights.com/purchase/1826598

Market Trends Impacting the 1,3-Butadiene (BD) Market

- Shift towards bio-based 1,3-Butadiene production methods due to increasing environmental concerns and sustainability goals.

- Rising demand for synthetic rubber in the automotive industry, driving the growth of the 1,3-Butadiene market.

- Technological advancements leading to improved efficiency and cost-effectiveness in 1,3-Butadiene production processes.

- Increasing use of 1,3-Butadiene in the manufacturing of plastics, resins, and other industrial chemicals.

- Industry disruptions caused by fluctuating raw material prices and geopolitical tensions impacting the global 1,3-Butadiene market growth.

1,3-Butadiene (BD) Market Dynamics ( Drivers, Restraints, Opportunity, Challenges)

The 1,3-Butadiene (BD) market is being primarily driven by the increasing demand for synthetic rubber, particularly in the automotive industry. The growing automotive production and tire manufacturing activities globally are boosting the demand for BD. However, the market faces challenges such as volatility in raw material prices and environmental regulations regarding emissions. Opportunities lie in the development of bio-based alternatives for BD production, as well as increasing investments in research and development for innovative applications of BD. Overall, the market is poised for growth, but stakeholders need to navigate these challenges effectively to capitalize on the opportunities available.

Purchase this Report (Price 4350 USD for a Single-User License) -https://www.reliablebusinessinsights.com/purchase/1826598

Check more reports on reliablebusinessinsights.com