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1, 3 Butadiene Market & Downstream Applications - Industry Analysis, Market Size, Share, Trends, Growth And Forecast, 2009 - 2018

Transparency Market Research
 The world market for 1,3 butadiene is  largely driven by demand for elastomers due to their extensive use in  manufacture of tires. The global market for 1,3 butadiene was estimated  at USD 22 billion for the year 2011, and is estimated to rise by 45.6%  in the next 5 years and reach a market size of approximately 32 billion  by year 2018. 
   
 The demand for elastomers is expected  to rise at a CAGR of 5.8% during 2012 – 2018, which in turn will drive  the 1.3 butadiene market growth, growing at 6.5% during the same period.  The market for butadiene, segmented on the basis of applications  includes sub segments such as – synthetic elastomers, polymers and  resins, and other chemicals and uses. Butadiene consumption is dominated  by its use in production of SBR (styrene...
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