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.
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Browse 114 market data tables and 37
figures spread through 265 pages and in-depth TOC on “Butadiene Market
& Its Derivatives (SBR, PBR, ABS, SB Latex, Adiponitrile, NR &
Others) Market by Applications & Geography - Trends and Forecasts to
2018”.
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http://www.marketsandmarkets.com/Market-Reports/butadiene-market-1197.html
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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
markets of butadiene. 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.
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Mr. Rohan
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Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
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