Butadiene Demand in Asia Pacific Region will Overcome the 50% Share of Global Total by 2015.LONDON -- At present, the Global Butadiene Market is changing its shape and will be driven not only by demand for rubber but also for high impact polystyrene (HIPS). Markets in developed regions are mature, however, the fact is outweighed by the emergence of major automotive production in developing economies. Butadiene production facilities are shifting to Asia and regions like central Europe Central Europe is the region lying between the variously and vaguely defined areas of Eastern and Western Europe. In addition, Northern, Southern and Southeastern Europe may variously delimit or overlap into Central Europe. , thus, away from the US, western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). and Japan. The North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market has weakened since the downstream demand in the auto, tyre replacement and electronics industries has moved to Asia. Most butadiene goes into SBR SBR - Spectral Band Replication and butadiene rubber (BR), but the situation is worsen by the lack of demand from the auto makers and weakened demand for replacement tyres from vehicle owners. Butadiene is also used to make the engineering plastic ABS (acrylonitrile butadiene styrene Acrylonitrile butadiene styrene, or ABS, (chemical formula (C8H8· C4H6·C3H3N)n) is a common thermoplastic used to make light, rigid, molded products such as piping, musical instruments (most ), yet ABS market has been influenced globally by weakened automobile demand and lower demand from the electronics industries. Butadiene supply globally was extremely tight in the first three quarters of 2008, as higher naphtha naphtha (năp`thə, năf`–), term usually restricted to a class of colorless, volatile, flammable liquid hydrocarbon mixtures. costs drove ethylene makers to switch to cracking gas feedstocks and limiting supply. The market tightness Tightness is defined as a point in time where economically, it is very difficult to invest, but it is far easier to sell or to remove investments in return of monetary rewards. , however, disappeared as demand collapsed in the 4Q. Butadiene future looks perspective with major growth concentrated in Asia where demand will grow to 53% of the global total in 2015 from 45% in 2008. Rapid growth is forecast for the Middle East as new butadiene derivatives production capacities are added. More detailed overview of Butadiene market can be found in the report 'Butadiene Market Outlook 2009' recently released by Merchant Research and Consulting: Butadiene Market Outlook 2009 http://mcgroup.co.uk/researches/B/10/Butadiene%20Market%20Outlook.html Updated: 09/2009 / 135 Pages The report is a part of Petrochemicals Report Bundle encompassing the two ones: Petrochemicals (Olefins) Reports Package 2009 and Petrochemicals (Aromatics) Reports Package 2009 |
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