Butadiene Market trends research and projections for 2019-2025 Butadiene Market

Global Butadiene Market trends research and
projections for 2019-2025: Global Market Insights Inc.
According to new Global Market Insights, Inc, chemical research report Butadiene
Market size is anticipated to witness gains in the coming years owing to its utilization
in several industries including tire, polymers, and textile. It is a colourless and non-
corrosive gas which is further used for manufacturing styrene butadiene rubber,
neoprene, nitrile rubber, and polybutadiene rubber which have applications in rubber
products, paper & pulp, and textile industries thereby, amplifying industry growth.
Styrene butadiene rubber owing to good aging stability and abrasion resistance is
extensively utilized for tires & plastics manufacturing. Global construction industry may
exceed over USD 15 trillion by 2030. The product functions as a binding agent in
construction and building applications. Increasing construction activities owing to
rising urbanization will foster SBR demand which in turn will enhance butadiene
market size.
Global butadiene market size from automotive application is forecasted to grow in the
estimated timeframe owing to increasing shared mobility services demand. The
product including nitrile rubber for its oil & fuel resistant properties is used in
manufacturing seals and hoses in automotive sector. Rising automotive industry due
to increase consumer’s purchasing power will have a positive impact on product
demand.
Neoprene market size is anticipated to witness substantial gains in the estimated
timeframe. Global electrical insulators market is anticipated to witness substantial
gains over 5% by 2023. The product owing to good chemical stability & high tensile
strength is used for manufacturing wire and cable insulation. This will fortify neoprene
demand which in turn would propel butadiene market growth.
Global butadiene market size from plastics application is forecasted to grow in the
estimated timeframe owing to growing plastics demand in automotive industry. The
products including styrene butadiene rubber and polybutadiene for their tough nature
are used in manufacturing polymers. Increasing plastics demand due to its utilization
for packaging and automotive industries may amplify butadiene market size.
Adiponitrile market size may witness significant gains by 2025 owing to its utilization
for manufacturing nylon. The product functions as precursor for manufacturing nylon-
6,6 which has applications for manufacturing textiles, carpets, and plastic parts.
Changing fashion trends has led to textiles industry growth which may enhance market
size.
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