Press release
BASF, The Dow Chemical Company, Evonik are profiled in Synthetic & Bio-based Butadiene Market | Other Players are INEOS, LyondellBasell, Royal Dutch Shell, SABIC
The research report scrutinizes the global Synthetic & Bio-based Butadiene industry from 360 degree perception, taking manifold facets into consideration including segmentation, key developments, market overview, market growth and dynamics, market trends and future outlook, market opportunities, potential investment segment, competitive landscape etc.
Strong growth indicators in the automotive and tire business globally will be the major growth prospect for the synthetic & bio-based butadiene market in the coming years. The industry will follow similar growth dynamics with automotive sector, as the product is essentially used in vehicle body parts.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1595
Key Profiles:
• BASF SE
• Eni S.p.A
• Evonik Industries AG
• Exxon Mobil
• INEOS Group
• LyondellBasell Industries N.V.
• PCS
• Repsol
• Royal Dutch Shell Plc
• SABIC
• The Dow Chemical Company
• TPC Group
• Yeochun NCC
• Nizhnekamskneftekhim
For instance, SB rubber owing to its value-added features of reduced rolling resistance and better grip is widely preferred in the tire manufacturing, as it helps in reducing carbon emissions along with increasing the vehicle efficiency.
This trend will in turn stimulate the synthetic & bio-based butadiene market share, as the product is essentially used in tire manufacturing. Petrochemical derivatives are the major raw materials used in the product manufacturing. Thus, synthetic & bio-based butadiene market price trends follow similar dynamics with the crude oil. As a result, wavering crude oil prices shall obstruct synthetic butadiene market share in the coming years.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1595
Synthetic accounted for the largest share of the business in 2017. The product is majorly used in tire manufacturing and other automotive parts, particularly due to its characteristics such as superior grip and reduced rolling resistance. However, the segment will exhibit moderate CAGR during the projected timespan mainly due to volatility in raw material prices along with its potential threat for health as well as the environment.
Bio-based will exhibit gains close to 13% CAGR from 2017 to 2024. The growth will be mainly attributed to favoring government norms towards bio-based material use on account of its ecofriendly characteristics.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/synthetic-and-bio-based-butadiene-market
SB latex will experience growth close to 3% CAGR by 2024. It is widely used across building & construction industry for sealing & binding applications mainly due to its high flexibility, reduced shrinkage and extended durability. Furthermore, high bond strength of SB latex makes it preferred in waterproofing applications. In 2016, butadiene rubber generated revenue close to USD 5 billion. This segment led the application base in the same year due to its prevalent application in the tire manufacturing business.
Asia Pacific synthetic & bio-based butadiene market share accounted more than half of the industry share. Substantial industry size along with decent growth rate by 2024 will be primarily due to prevalence of enormous end-user industries (construction, automotive) in China and India.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Strong growth indicators in the automotive and tire business globally will be the major growth prospect for the synthetic & bio-based butadiene market in the coming years. The industry will follow similar growth dynamics with automotive sector, as the product is essentially used in vehicle body parts.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1595
Key Profiles:
• BASF SE
• Eni S.p.A
• Evonik Industries AG
• Exxon Mobil
• INEOS Group
• LyondellBasell Industries N.V.
• PCS
• Repsol
• Royal Dutch Shell Plc
• SABIC
• The Dow Chemical Company
• TPC Group
• Yeochun NCC
• Nizhnekamskneftekhim
For instance, SB rubber owing to its value-added features of reduced rolling resistance and better grip is widely preferred in the tire manufacturing, as it helps in reducing carbon emissions along with increasing the vehicle efficiency.
This trend will in turn stimulate the synthetic & bio-based butadiene market share, as the product is essentially used in tire manufacturing. Petrochemical derivatives are the major raw materials used in the product manufacturing. Thus, synthetic & bio-based butadiene market price trends follow similar dynamics with the crude oil. As a result, wavering crude oil prices shall obstruct synthetic butadiene market share in the coming years.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1595
Synthetic accounted for the largest share of the business in 2017. The product is majorly used in tire manufacturing and other automotive parts, particularly due to its characteristics such as superior grip and reduced rolling resistance. However, the segment will exhibit moderate CAGR during the projected timespan mainly due to volatility in raw material prices along with its potential threat for health as well as the environment.
Bio-based will exhibit gains close to 13% CAGR from 2017 to 2024. The growth will be mainly attributed to favoring government norms towards bio-based material use on account of its ecofriendly characteristics.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/synthetic-and-bio-based-butadiene-market
SB latex will experience growth close to 3% CAGR by 2024. It is widely used across building & construction industry for sealing & binding applications mainly due to its high flexibility, reduced shrinkage and extended durability. Furthermore, high bond strength of SB latex makes it preferred in waterproofing applications. In 2016, butadiene rubber generated revenue close to USD 5 billion. This segment led the application base in the same year due to its prevalent application in the tire manufacturing business.
Asia Pacific synthetic & bio-based butadiene market share accounted more than half of the industry share. Substantial industry size along with decent growth rate by 2024 will be primarily due to prevalence of enormous end-user industries (construction, automotive) in China and India.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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