Butadiene Market In Americas To 2020 - Recovery In End Use Markets Providing Positive Demand Growth

Butadiene Market Is Expected to Grow at a Healthy Rate of 2.7% During Period of 2009 – 2020
By: Rajesh Gunnam
 
March 10, 2011 - PRLog -- The American demand for butadiene decreased from 2.79 million tons in 2000 to 2.01 million tons in 2009. The demand fell with a CAGR of -3.2% during the period on account of global recession which affected the Americas more than any other region across the globe. Styrene Butadiene Rubber (SBR) and polybutadiene manufacturing industries were the major consumers of butadiene. In 2009, the combined share of both the industries was more than 55% of the demand for butadiene in the Americas. Some of the major markets for butadiene have reached a saturation point which has limited the demand for butadiene in those regions. Countries such as the US have reached the saturation level. The demand for butadiene is rising from other developing countries such as Brazil.
In the forecast period from 2009-2020, the demand is expected to grow at a CAGR of 2.7%. Brazil and Canada are expected to be the growth engines for butadiene demand in their regions, although due to smaller sizes their impact would be marginal on the total demand of their respective regions.

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In 2009, the US remained the country with the highest demand for butadiene, with a demand share of 75% in the Americas. The increase in demand was primarily arising from the developing economies such as Brazil, but due to smaller sizes of the demand of Brazil the overall dominance remains with the US. The overall demand share of North America was 83%, and South and Central America constitutes the remaining 17% of the market share.

The Styrene Butadiene Rubber (SBR) and polybutadiene manufacturing industries were the dominant industries, with a demand share of more than 55% of the total Americas demand for butadiene. The major end use of both of these chemicals is in tires production for automobiles. The demand for SBR and polubutadiene manufacturing decreased from 1.66 million tons in 2000 to 1.27 million tons in 2009. The use of butadiene in these two industries is expected to continue until 2020. The demand share of SBR and polybutadiene industries for butadiene is expected to increase to 60% by 2020.

GBI Research’s report, “Butadiene Market In Americas To 2020 - Recovery In End Use Markets Providing Positive Demand Growth In The Region”, provides an in-depth analysis of the Americas butadiene industry. The research presents detailed analysis and forecasts of the major economic and market trends affecting the butadiene markets in the major regions of the Americas. The report contains demand, production analysis and forecasts, drivers and restraints, end use analysis and forecasts, and market share analysis of the major producers in the major regions of the Americas. In addition, it includes demand and production forecasts for the major countries in all geographies in America. The report also contains the historic and forecast price trends for all the major countries in Americas. Overall, the report presents a comprehensive analysis of the Americas butadiene market covering all the major parameters.

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Source:Rajesh Gunnam
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Tags:Butadiene, Market Trends, Chemicals
Industry:Science
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