Butadiene Market was valued at USD 15.28 billion in 2020 and is expected to grow at a CAGR of 2% between 2021 and 2027. The main use of butadiene is as a chemical intermediate and also in the manufacture of polymers such as synthetic rubber or elastomers. Butadiene made of polymer is also used in making carpet backs, plastic gloves, wetsuits and rubber hoses, as well as gaskets in tires. The butadiene market is segmented by application, end-user industry and region. Applications are divided into the market by polybutadiene(PBR),chloroprene, styrene-butadiene(SBR),nitrile rubber(acrylonitrile butadiene NBR),acrylonitrile butadiene styrene (ABS),adiponitrile this preparation, ethylidene norbornene, styrene butadientex and other applications.
Butadiene market is greatly influenced by the overall rubber demand in the automotive and aviation industries mainly for tire applications. The automotive industry is already undergoing a phase of slow demand due to global macroeconomic conditions, global car sales declined by about 4.49% in 2019,followed by a 0.01% decline in 2018. However, the COVID-19 epidemic further exacerbated the declining trend, with worldwide vehicle sales expected to decline by more than 20%.
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Top Major Key Players Industries
China Petroleum & Chemical Corporation
TPC Group
Royal Dutch Shell PLC
Exxon Mobil Corporation
China National Petroleum Corporation
By Application
Polybutadiene (PBR)
Chloroprene
Styrene-Butadiene (SBR)
Nitrile Rubber (Acrylonitrile Butadiene NBR)
Acrylonitrile Butadiene Styrene (ABS)
Adiponitrile
Sulfolane
Ethylidene Norbornene
Styrene Butadiene Latex
Other Applications
By End-user Industry
Plastic and Polymer
Tire and Rubber
Chemical
Other End-user Industries
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
