Global Demand, Capacity And Prices For Butadiene - Strong End-Use Sectors In China To Drive The Industry

Topics: Supply and demand, Synthetic rubber, Future Pages: 3 (651 words) Published: October 7, 2014
"Global Demand, Capacity and Prices for Butadiene - Strong End-use Sectors in China to Drive the Industry". The study comes from the companys oil and gas research group and provides market analysis of the global butadiene industry, highlighting major features. It provides historic and forecast market size, demand and production figures by region, covering Asia-Pacific (APAC), Europe, North America, South America, and the Middle East and Africa. It uses data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalDatas team of industry experts.

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The global butadiene industry witnessed peaks and troughs over the 2003-2013 period. Developed regions such as North America and Europe declined in terms of demand, whereas APAC led the industry with strong demand from major end-use products such as Styrene-Butadiene Rubber (SBR), Polybutadiene Rubber (PBR) and Acrylonitrile-Butadiene-Styrene (ABS), which are mainly used in the tire and automotive industries.

The European and North American markets are expected to remain sluggish in the next five years, as major butadiene-consuming sectors are not expected to grow substantially.

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Asia-Pacific will remain the growth engine of the global butadiene industry, with the Chinese market expected to register a growth rate of 5.6% and India predicted to become one of the fastest-growing countries in terms of demand, expected to grow by 15.6% by 2018. Asia-Pacific is also the largest region in terms of production, with China dominating capacity. Chinas production has almost tripled over the last decade, and is still expanding. Its demand for butadiene is expected to increase further as end-use...
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