Global 1-Butene Market: Analysis By Production Process, Application, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2017-2027)
Executive Summary
The global 1-Butene Market is valued at USD 5.80 Billion in the year 2027 with the Asia Pacific leading the regional market share. The chemical compound 1-butene, often known as 1-butylene, is one of the butane's isomers (butylene) and is a readily condensable colourless liquid from a colourless gas.
The 1-butene market has seen enormous prospects due to rising sales of disposable protective clothing, PPE kits, and uses in pharmaceutical packaging. The growth of the medical and pharmaceutical industries encourages small and medium-sized businesses to compete with established market leaders to raise sales. Improved disposable income and changing lifestyles have influenced consumption patterns, resulting in increased demand for packaged beverages and other FMCG products. E-commerce platforms also cater to all liquid-packaged consumer goods. Personal care, cosmetics, over-the-counter medications, topical solutions, and household care products are all included. Due to the rising demand for PPE kits from customers worldwide, 1-butene market manufacturers have gained from the coronavirus pandemic.
The Butene-1 market is anticipated to be driven by factors like the rising demand for polythene due to the numerous plastics uses in daily lives. Additionally, butene-1 is used to make LDPE, and it is anticipated that HDPE will drive the Butene-1 market throughout the forecast period.
Scope of the Report
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