Butene-1 Market Size, Trends and Key Players – SABIC, LyondellBasell Industries, Lorestan Petrochemical Co, Jam Petrochemical Company, Evonik Industries, Bangkok Synthetics Co., Ltd, Daelim, TPC Group

New Jersey, United States, – The Butene-1 market The research report is a detailed study of the Butene-1 industry which specializes in identifying the growth potential of the Butene-1 market and potential opportunities in the market. Secondary research data comes from government publications, interviews with experts, journals, surveys and trusted journals. The recorded data spans a decade, followed by a systematic review to conduct an in-depth study of influencers in the Butene-1 market.

The Butene-1 market was valued at USD 569.33 million in 2019 and is expected to reach USD 779.32 million by 2027, with a CAGR of 4.0% from 2020 to 2027.

Butene-1 is an organic chemical referring to the alpha-olefin family, is a colorless combustible gas. There are many techniques for the production of 1-butene, such as the raw stream from refinery of C4 hydrocarbons and natural gas, dehydrogenation of butane and dimerization of ethylene, which is collected and transported as gas. liquefied compressed. 1-Butene finds significant use as a comonomer in the manufacture of high density polyethylene (HDPE), linear low density polyethylene (LLDPE), which are used for food and non-food packaging such as bags and stretch films , toys, containers, pipes, etc., in the manufacture of polyethylene / polypropylene resins having properties such as flexibility as well as high tear resistance. 1-Butene is also used to produce valeraldehyde, polybutene, butadiene, butylene oxide, maleic anhydride, secondary butyl alcohol (SBA) and methyl ethyl ketone (MEK).

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The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

SABIC, LyondellBasell Industries, Lorestan Petrochemical Co, Jam Petrochemical Company, Evonik Industries, Bangkok Synthetics Co., Ltd, Daelim, TPC Group, Shell Chemical, Exxon Mobil Corporation, others.

Butene-1 market segmentation

Butene-1 Market, By Application

• Polyethylene comonomer
• Polybutene-1
• Valeraldehyde
• 1, 2-butylene oxide
• Others

The Butene-1 market report has been segmented on the basis of various categories such as product type, application, end user, and region. Each segment is evaluated based on CAGR, share and growth potential. In the regional analysis, the report highlights the potential region which is expected to create opportunities in the Butene-1 market in the coming years.

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Scope of Butene-1 Market Report

Geographic segment covered in the report:

• North America (United States and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of Middle East and Africa)

Key questions answered in the report:

• What is the growth potential of the butene-1 market?
• Which product segment will take the lion’s share?
• Which regional market will emerge as a pioneer in the years to come?
• Which application segment will experience strong growth?
• What growth opportunities might present themselves in the butene-1 industry in the years to come?
• What are the most significant challenges that the Butene-1 market could face in the future?
• Who are the leading companies in the Butene-1 market?
• What are the main trends that are positively impacting the growth of the market?
• What growth strategies are players considering to stay in the Butene-1 market?

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