1,3 Butadiene (BD) Market report covers the Market landscape and its growth prospects over the coming years, the report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential Industry segments.
1,3 Butadiene (BD) Market Overview:
This Research projects that the 1,3 Butadiene (BD) market size will grow from XX Million in 2017 to XX Million by 2023, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.1,3 butadiene also known as butadiene is an industrial chemical used in the manufacture of synthetic rubber. It is produced as a byproduct of the steam cracking process of ethylene and olefin production. It is a highly reactive, flammable and colorless gas with mild aromatic odor. It readily polymerizes with oxygen. It is soluble in alcohol and ether. However, it is insoluble in water. 1,3 BD acts as a predecessor to many processing materials and chemicals. Major derivatives include acrylonitrile butadiene styrene (ABS) and styrene butadiene rubber. These derivatives are widely used in automotive industry for the manufacture of tires and other components. The growth of auto industry particularly in emerging markets of China, India and Brazil is expected to remain a key driving factor for the global butadiene market. 1,3 BD acts as an intermediate material and also as basic feedstock for various petrochemical processes. Increasing preference in the production of consumer products is expected to boost butadiene market demand in resin. However, product maturity coupled with volatile raw material prices are projected to remain key challenges for butadiene market participants. Moreover, health concerns regarding exposure are expected to pose safety and regulatory challenges in the market. Due to the health concerns, regulatory authorities have established strict guidelines to maintain safety standards in industries. To overcome such challenges, industry has shifted its focus towards developing bio-based alternatives to 1,3 BD.
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1,3 Butadiene (BD) market report speaks about the manufacturing process, Type and Applications of 1,3 Butadiene (BD) Industry. The Report provides additional information on Sales Channel, Distributors, Traders and Dealers, Sales Channel, Direct Marketing, Indirect Marketing, Marketing Channel Future Trend, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix, Methodology,Data Source. This Market report is a single point aid for all the Market research requirements
Leading manufacturers of 1,3 Butadiene (BD) Market:
1,3 Butadiene (BD) Market by Product Type:
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1,3 Butadiene (BD) Market by Application:
Scope of 1,3 Butadiene (BD) Market by Region:
- North America (United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain, and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia, and Australia)
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The Questions Answered by 1,3 Butadiene (BD) Market Report:
- What are the Key Manufacturers, raw material suppliers, equipment suppliers, end users, traders And distributors in 1,3 Butadiene (BD) Market?
- What are Growth factors influencing 1,3 Butadiene (BD) Market Growth?
- What are production processes, major issues, and solutions to mitigate the development risk?
- What is the Contribution from Regional Manufacturers?
- What are the Key Market segment, market potential, influential trends, and the challenges that the market is facing?
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1,3 Butadiene (BD) market report investigates new project feasibility with the purpose of enlightening new entrants about the possibilities in the 1,3 Butadiene (BD) Industry. In this report a thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the 1,3 Butadiene (BD) Market players.Overall the 1,3 Butadiene (BD) Market report is vital source of guidance and direction for companies and individuals for understanding the opportunities as well as the threats in the 1,3 Butadiene (BD) Industry.
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