DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global 1 Butene Demand - Supply and Price Analysis" report to their offering.
1-Butene is predominantly used in the production of polyethylene. It is used as a comonomer in a range of polyethylene applications such as flexible and rigid packaging. It is also used in oilfield drilling applications, as it has low volatility, low odor, and aids in anaerobic biodegradation in marine environment.
The growing plastics industry worldwide drives the market for 1-Butene. The rising demand for plastic packaging in food, pharmaceutical, and other industries boosts the plastics market, which in turn drives the market for alpha olefins. Evonik Industries AG (Germany) and Chevron Philips Chemical Company LLC (U.S.) are the key players providing 1-Butene.
Asia-Pacific is the largest market for 1-Butene. The high growth can be attributed to increased demand from the polyethylene industry. The growing plastic industry in the developing countries of Asia-Pacific is driving the market for 1Butene in the region.
The demand for alpha olefins is also likely to increase in the Middle East owing to large-scale oilfield drilling activities in the region. In addition, 1-Butene is used as a copolymer in the production of gasoline, butadiene, and other products, which increases its scope of applications in the developing countries.
Key Topics Covered:
2. Global Supply-Demand Scenario Of 1-Butene
3. 1-Butene Market, By Region
4. 1-Butene Market, By Application
5. Regional Trade Flow Analysis
6. Price Analysis Of 1-Butene
7. Plant Capacities Of 1-Butene
- Chevron Philips Chemical Company LLC
Evonik Industries AG
For more information visit http://www.researchandmarkets.com/research/k23zzm/global_1_butene