ERJ staff report (BC)
Dublin – A new report from analyst Research and Markets (R&M) predicts that the Chinese market, as the biggest consumer of butadiene, is also among the fastest growing markets with a projected CAGR of about 6.2 percent from 2013 to 2018.
The European and North American markets are comparatively mature with a demand growth well below the average market growth, notes R&M, and the Asia-Pacific region will be the engine of increasing demand.
SBR manufacturers are the largest consumers of this product, which consumed less than one third of the total global demand. PBR manufacturers are the second largest consumers and also the fastest growing end-use segment of butadiene, with an expected CAGR of about 4.9 percent from 2013 to 2018.
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Further information on “Butadiene & Derivatives … by Applications & Geography – Trends and Forecasts to 2018”