Butadiene Extraction Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Demand for Synthetic Rubber
- Growing Application in Automotive Sector
Challenges
- High Risk of Accidents Involved with Extraction Process
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Butadiene Extraction Market size is anticipated to grow at substantial growth rate during the forecast period i.e., between 2025-2037.
Growing demand for butadiene amongst the automotive and construction sector will boost the market growth.
North America industry is anticipated to account for largest revenue share by 2037, driven by increasing demand of butadiene in the automotive industry.
The major players in the market are Reliance Industries Limited, Qatar Petroleum, ZEON Corporation, TPC Group Inc., Indian Oil Corporation Limited, Evonik Industries AG, Royal Dutch Shell plc, and others.
