Albany, NM, February 02, 2013 --(PR.com
)-- The world market for 1, 3 butadiene is largely driven by demand for elastomers due to their extensive use in manufacture of tires. The global market for 1,3 butadiene was estimated at USD 22 billion for the year 2011, and is estimated to rise by 45.6% in the next 5 years and reach a market size of approximately 32 billion by year 2018.
To Buy the Copy of This Report visit: http://www.marketresearchreports.biz/analysis-details/1-3-butadiene-market-and-downstream-applications-industry-analysis-market-size-share-trends-growth-and-forecast-2009-2018.
The demand for elastomers is expected to rise at a CAGR of 5.8% during 2012 – 2018, which in turn will drive the 1.3 butadiene market growth, growing at 6.5% during the same period. The market for butadiene, segmented on the basis of applications includes sub segments such as – synthetic elastomers, polymers and resins, and other chemicals and uses. Butadiene consumption is dominated by its use in production of SBR (styrene butadiene rubber), which alone accounts for approximately 50% of the global market share. Asia Pacific holds the largest market share in terms of 1,3 butadiene production capacity and is expected to retain its leading position in the coming years too.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate.
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
To Read the Complete Report with TOC Visit: http://www.marketresearchreports.biz/analysis/152323.
For More Information Kindly Contact:
90 State Street, Suite 700
Albany, NY 12207