The Report “Asia-Pacific Butadiene Market & Its Derivatives (SBR, PBR, ABS, SB Latex, Adiponitrile, NR, Others), by Geography - Analysis and Forecast to 2019” is estimated to reach $14,918.3 million by 2019, at a CAGR of 7.5% from 2014 to 2019.
Browse through the TOC of the Asia-Pacific Butadiene Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Butadiene is a basic petrochemical that is majorly obtained as a by-product from the manufacture of ethylene and propylene. The butadiene market is driven due to the growing demand for its derivatives that include SBR, PBR, ABS, and others. The largest application segment of butadiene is styrene butadiene rubber (SBR), which is principally used to manufacture automobile tires. SBR is also used in adhesives, sealants, coatings, and rubber articles such as shoe soles. The global butadiene market is largely driven by the demand for elastomers, which are used to manufacture tires.
The rising demand due to growth of downstream applications is set to drive and retain the market growth potential in the coming years. It remains at a reassuring position for the existing players of the Asia-Pacific market. The countries included in the region are China, South Korea, Japan, and India. In 2014, the market in China accounted for the maximum consumption in the region.
The report covers the Asia-Pacific butadiene market, which is segmented on the basis of application and geography. In the Asia-Pacific region, the butadiene is applied in acrylonitrile butadiene styrene, adiponitrile, nitrile butadiene rubber, styrene butadiene rubber (SBR), polybutadiene rubber (PBR) and styrene-butadiene latexes.
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