1-Butene Market Size By Demand, By Type, By Application, Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), And Forecasts 2023 - 2030
A new research report on the Global 1-Butene Market titled has recently published by Market Research Update to its humongous database which helps to shape the future of the businesses by making well-informed business decisions.1-Butene, also known as Butene-1 orα-Butylene, is a linear alpha-olefin. It is a flammable and colorless gas at room temperature. 1-Butene can be manufactured by the dimerization of ethylene or the separation from crude C4 stream. As an important chemical raw materials, 1-Butene is widely used in the production of polybutylene, maleic anhydride, butanol and so on.
The 1-butene manufacturer are distributed in North America , Asia and Europe. Shell, Evonik and ExxonMobil are the top three manufacturers of 1-butene. Shell led the 1-butene market with 22.20% production market share in 2014, while Evonik and ExxonMobil captured 15.82% and 11.49% market share respectively.
Because the high dependency of raw material, the production and price of 1-butene is easily affected by the crude C4 production.
The forecast period 2023-2030 is expected to be great for the 1-Butene market which will be the face changer for the Materials and Chemicals industry. The users are increasing day by day which is increasing sales, import, export, revenue, and CAGR values.
Summary
The report moreover comprises of the market drivers and limitations which may be gotten from a SWOT assessment of the 1-Butene market. Top players and types are taking actions alongside inclinations, stock dispatches, acquisitions, consolidations, joint endeavors, and forceful research inside the 1-Butene market. A change was seen inside the CAGR ranges in the memorable year 2023, the base year 2023 and the CAGR ranges are likewise certain to exchange inside the estimate years 2023-2030.
The cost investigation of the 1-Butene Market has been performed while keeping in view work cost, producing costs, and crude materials and their market fixation rate, providers, and value pattern. Different factors, for example, downstream purchasers, Supply chain, and sourcing methodology have been evaluated to give a total and top to bottom perspective on the market. Purchasers of the report will likewise be presented to an investigation on market situating with elements, for example, brand procedure, target customer, and value technique mulled over.
The Top Key Players include:
Evonik
Shell
ExxonMobil
CP Chemical
Praxair
Mitsui Chemical
Sumitomo Chemical
Tonen Chemical
Idemitsu Kosan
Sabic
Jam
Petro Rabigh
OPaL
Qatar Chemical
Nizhnekamskneftekhim
PTT
CNPC
SINOPEC
Global 1-Butene Market Key Segments:
On the Basis of Type:
Crude C4 Seperation
Ethylene Dimerization
Other
On the Basis of Application:
Polyethylene
Secondary Butyl Alcohol(SBA)
Methyl Ethyl Ketone (MEK)
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the 1-Butene market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the 1-Butene market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the 1-Butene market and Materials and Chemicals undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
By Region:
- North America
- By Country (US, Canada, Mexico)
- By Component
- By System
- By Application
- Western Europe
- By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
- By Component
- By System
- By Application
- Eastern Europe
- By Country (Russia, Turkey, Rest of Eastern Europe)
- By Component
- By System
- By Application
- Asia Pacific
- By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
- By Component
- By System
- By Application
- Middle East
- By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
- By Component
- By System
- By Application
- Rest of the World
- By Region (South America, Africa)
- By Component
- By System
- By Application
The study objectives of global market research report:
- To analyze the global 1-Butene market on the basis of several business verticals such as drivers, restraints, and opportunities
- It offers detailed elaboration on the global competitive landscape
- To get an informative data of various leading key industries functioning across the global regions
- It offers qualitative and quantitative analysis of the global 1-Butene market
- It offers all-inclusive information of global market along with its features, applications, challenges, threats, and opportunities
- What are the major challenges in front of the global 1-Butene market?
- Who are the key vendors of the global 1-Butene market?
- What are the leading key industries of the global 1-Butene market?
- Which factors are responsible for driving the global 1-Butene market?
- What are the key outcomes of SWOT and Porter\'s five analysis?
- What are the major key strategies for enhancing global opportunities?
- What are the different effective sales patterns?
- What will be the global market size in the forecast period?
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the 1-Butene market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
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