Butadiene
Regions Covered
USA
Europe
Asia
Regions Covered
USA
Europe
Asia
Currently the global BUTADIENE market stands at 13.2 Million metric tons in 2018. By 2022, the global BUTADIENE market is expected to reach 14.8 Million metric tons. The key market driving end use is led by ABS (6% CAGR) followed by NBR (4% CAGR). Asia contributes to 54% of the global capacity while markets such as the US and Europe contribute 16% and 25% as of 2018. The BUTADIENE market has undergone tremendous change from an oversupplied market the BUTADIENE market to a supply constrained market. Additional production of at least around 0.7 MMT/year is needed by 2020 to achieve the incremental demand to be self-sufficient , but the supply growth of butadiene contained in cracker C4 streams will be below that because of the expanding ethylene output from coal and methanol using methanol-to-olefins (MTO) and coal-to-olefins (CTO) technologies and 'lightening' of cracker feedstocks.
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