DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Butadiene and its Derivatives Market 2017-2021" report to their offering.
The global butadiene and its derivatives market to grow at a CAGR of 10.16% during the period 2017-2021.
The report, Global Butadiene and Its Derivatives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is prominence of bio-based synthesis and green tires. The growing scarcity in the natural gas and oil feedstock due to higher exploitation have paved the path for alternative sources of raw materials. The harmful effects of the petrochemicals have brought strict regulation, which further brought the requirement of bio-based productions. In the bio-based method, butadiene is manufactured from biomass (plant-derived materials, agriculture waste, and other natural sources). Genomatica in collaboration with Braskem has developed a fermenter where continuous production of butadiene occurs from microorganisms using advanced computational tools.
According to the report, one of the major drivers for this market is surge in demand for tires and other rubber products. Synthetic rubber acts as an alternative to natural rubber. The factors that have made consumers shift from natural rubber to synthetic rubber are volatile cost of natural rubber, advanced properties of synthetic rubber, and geographic restriction of rubber plantation.
- Sinopec Group
- Dow Chemical
- LyondellBasell Industries
Royal Dutch Shell
Other prominent vendors
- CNOOC Limited
- China National Petroleum Corporation (CNPC)
- Formosa Petrochemical
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by vehicle type
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/htpv7p/global_butadiene