As shale gas exploitation intensifies in the midst of widening supply gap, technology developers look this as an opportunity to engineer novel butadiene production strategies which take in either natural gas or biomass as feedstock. Production of biobased butadiene is directly related to the dependency level on crude oil as production is anticipated to rise during the forecast period.
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Chemical companies are not the only market players in the field of biobased butadiene as tire manufacturers look to reap the benefit. The synthetic and rubber manufacturers look to explore various alternative rubber production methods. Though biobased butadiene production receives maximum limelight, companies are vying at other strategies exploring the use of natural rubber substitute and generating a novel version of synthetic rubber.
These actionable insights are according to the report titled, "Synthetic and Biobased Butadiene Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026," which has been recently added to the exhaustive repository of Market Research Reports Search Engine (MRRSE). With respect to market share, the market for synthetic and biobased butadiene is expected to grow at a CAGR of over 5% during the forecast period 2018-2026.
The growing use of synthetic styrene butadiene rubber (SSBR) and PBR in rubber and automotive industry is anticipated to propel the market for synthetic and biobased butadiene. Besides, the application of ABS in lightweight vehicle and automation system has soared which is further said to fuel the growth.
The report provides an exhaustive analysis on synthetic and biobased butadiene market for the forecast period 2018-2026 through qualitative and quantitative analysis. Further, the report focuses on the dynamics incorporating drivers, restraints, trends and opportunities that have considerable influence in the development of synthetic and biobased butadiene market. The report further limns a comprehensive segmentation to provide a holistic view of the synthetic and biobased butadiene market. The report is segregated on the basis of form, species, function and region.
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The report begins with executive summary followed by market introduction and market dynamics. The market dynamics section delineates product types of claims on processed food products, value chain analysis and aquaculture market overview. The value chain analysis provides an in-depth analysis on the synthetic and biobased butadiene market.
The final section provides actionable insights on the competitive landscape of the synthetic and biobased butadiene market, including a dashboard view, competition position index, market structure analysis and mergers & acquisitions in the synthetic and biobased butadiene industry. The final section provides insights on financial overview, company overview, industry portfolio, strategies and recent developments.
Trove of primary and secondary sources propels the report on synthetic and biobased butadiene market. Primary sources offer actionable insights through information received first-hand on aspects incorporating competitive landscape, market size, growth trends, and market size. As such, these facets have turned out to be invaluable in validating and bolstering finding from secondary research. The collated data are assessed and discerned meticulously by panel of expert.
Assessment of the trends in synthetic and biobased butadiene alluded that the researchers applied quantitative methods with the assistance of different statistical analysis techniques.
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