Global Butene-1 Market Growth 2023-2029

Global Butene-1 Market Growth 2023-2029

1-Butene, also known as Butene-1 orα-Butylene, is a linear alpha-olefin. It is a flammable and colorless gas at room temperature. 1-Butene can be manufactured by the dimerization of ethylene or the separation from crude C4 stream. As an important chemical raw materials, 1-Butene is widely used in the production of polybutylene, maleic anhydride, butanol and so on.

LPI (LP Information)' newest research report, the “Butene-1 Industry Forecast” looks at past sales and reviews total world Butene-1 sales in 2022, providing a comprehensive analysis by region and market sector of projected Butene-1 sales for 2023 through 2029. With Butene-1 sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Butene-1 industry.

This Insight Report provides a comprehensive analysis of the global Butene-1 landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Butene-1 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Butene-1 market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butene-1 and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Butene-1.

The global Butene-1 market size is projected to grow from US$ 29670 million in 2022 to US$ 40550 million in 2029; it is expected to grow at a CAGR of 40550 from 2023 to 2029.

Global 1-Butene key players include Evonik, Shell, ExxonMobil, CP Chemical, etc. Global top four manufacturers hold a share over 55%.

Europe is the largest market, with a share about 15%, followed by Asia, and North America, both have a share about 25 percent.

In terms of product, Crude C4 Seperation Product is the largest segment, with a share over 70%. And in terms of application, the largest application is Polyethylene, followed by Secondary butyl alcohol(SBA)/Methyl ethyl ketone (MEK), 1,3-Butadiene, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Butene-1 market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Polyethylene Comonomer
Polybutene-1
Valeraldehyde
1, 2-butylene Oxide
N-butyl Mercaptan

Segmentation by application
Consumer Goods
Automotive Industries

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Evonik
Sinopec
YEOCHUN NCC
Reliance Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global Butene-1 market?

What factors are driving Butene-1 market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Butene-1 market opportunities vary by end market size?

How does Butene-1 break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.