Butadiene Prices, Trend and Forecasts | Provided by Procurement Resource

Posted on the 26 April 2023 by Sandra @shvong1
Region/Countries for which Data is available
  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Africa: South Africa, Nigeria, Egypt, Algeria, Morocco

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Butadiene, with the formula C4H6, is either of two aliphatic organic compounds that implies the better and more crucial of the two 1,3-butadiene, which is the primary component of several synthetic rubbers. Today butadiene rubber has entirely displaced natural rubber in the production of automobile tires.

Almost all butadiene is produced by dehydrogenation of butane or butenes or by extreme temperature breaking up of enormous molecules of petroleum distillates. Butadiene is a critical constituent in chemical synthesis because of the various chemical reactions particular to this system.

South Korea, Russia, the United States, Japan, and Czechia are the leading Butadiene-exporting countries. In comparison, the main importers are China, Thailand, India, Vietnam, and Indonesia.

Key Details About the Butadiene Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Butadiene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Butadiene Price trend, including India Butadiene price, USA Butadiene price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Butadiene Price Trend:

The primary applications of butadiene are synthetic rubber-like SBR, SBS, thermoplastic rubber, and so on, predominantly employed in producing shoe soles, tires and other parts for the car sector, adhesives and adhesives and sealants, asphalt and polymer modification and compounds for infinite usages. In addition, it is also a source for nylon and ABS resins, car tires, electrical appliance shells, telephones, etc. PBR and SBR are utilised for tire manufacturing, while neoprene and nitrile rubber are employed for making gloves, seals, gaskets, hoses, wetsuits, foams, water, etc. Moreover, Styrene-butadiene (SB) latex is utilised in carpet and paper coatings production.

Key Players:

  • China Petroleum & Chemical Corporation
  • Royal Dutch Shell Plc
  • Borealis AG.
  • Versalis S.p.A.
  • Eni S.p.A.
  • Evonik Industries AG
  • Ineos Group AG
  • LANXESS
  • LG Chem
  • LyondellBasell Industries Holdings B.V.
  • Nizhnekamskneftekhim
  • Repsol
  • SABIC
  • The Dow Chemical Company
  • TPC Group
  • Formosa Plastics Corporation
  • ZEON Corporation
  • Shanghai Petrochemical

News & Recent Development

    April 17, 2023: Kumho Petrochemicals intends to retain its position of controlling the market for solid synthetic rubber for tires and latex commodities, specifically Solution Styrene Butadiene Rubber (SSBR), by continual fortification of its main business. Kumho Petrochemical Group is planning to increase its energy project and augment its carbon nanotube's market share while expanding sales of synthetic resins and dealing with climate change issues.

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