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

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Transparency

Product Synopsis

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... Read More

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