Global Butene-1 Market Growth 2024-2030

Global Butene-1 Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Butene-1 market size was valued at US$ 29670 million in 2023. With growing demand in downstream market, the Butene-1 is forecast to a readjusted size of US$ 40550 million by 2030 with a CAGR of 4.6% during review period.

The research report highlights the growth potential of the global Butene-1 market. Butene-1 are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Butene-1. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Butene-1 market.

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.

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.

Key Features:

The report on Butene-1 market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Butene-1 market. It may include historical data, market segmentation by Type (e.g., Polyethylene Comonomer, Polybutene-1), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Butene-1 market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Butene-1 market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Butene-1 industry. This include advancements in Butene-1 technology, Butene-1 new entrants, Butene-1 new investment, and other innovations that are shaping the future of Butene-1.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Butene-1 market. It includes factors influencing customer ' purchasing decisions, preferences for Butene-1 product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Butene-1 market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Butene-1 market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Butene-1 market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Butene-1 industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Butene-1 market.

Market Segmentation:

Butene-1 market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

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?

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