The report “North America Butadiene Market & Its Derivatives (SBR, PBR, ABS, SB Latex, Adiponitrile, NR, & Others) Market, by Geography - Trends and Forecasts to 2019” is expected to reach a value of $5,665.5 million by 2019, estimated to grow at a CAGR of 5.0% from 2014 to 2019.
Browse through the TOC of “North America Butadiene Market & Its Derivatives (SBR, PBR, ABS, SB Latex, Adiponitrile, NR, & Others) Market, by Geography - Trends and Forecasts to 2019” for an analysis of industry trends and segments, with the help of various tables and figures.
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Butadiene is a basic petrochemical that is majorly obtained as a by-product from the manufacture of ethylene and propylene. The butadiene market is experiencing strong growth that is expected to get stronger in the future, which is majorly due to the growing demand for its derivatives. Butadiene breaks down quickly in the atmosphere; it is, nevertheless, found in ambient air in urban and suburban areas as a consequence of its constant emission from motor vehicles. The largest application of butadiene is in the production of styrene butadiene rubber (SBR), which is principally used in the manufacture of automobile tyres. SBR is also used in adhesives, sealants, coatings, and rubber articles such as shoe soles. The world market for 1,3-Butadiene is largely driven by demand for elastomers, due to their extensive use in manufacture of tires.
The stringent environment regulations in North America may restrain the market growth in the developed regions. However, the rising demand due to growth of downstream applications is set to drive and retain the market growth potential in the coming years. It remains at a reassuring position for the existing players of the North American market. The countries included in the region are the U.S., Canada, and Mexico. In 2013, the U.S. accounted for the maximum consumption in the region, and is driving the growth in the North American market because of producers of butadiene adopting a low-cost leadership approach in the market.
The report covers the North American butadiene market, which is segmented on the basis of application and geography. In the North American region, the butadiene is applied in acrylonitrile butadiene styrene, 1,4-Butanediol (1,4-BDO), adiponitrile, engineering plastics, nitrile elastomers or nitrile butadiene rubber (NBR) OR Buna N, polybutadiene, styrene butadiene rubber (SBR), and styrene-butadiene latexes.
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