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Butylenes Trends and Forecast
The future of the global butylenes market looks promising with opportunities in the butadiene, methyl ethyl ketone, and butanol markets. The global butylenes market is expected to grow with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are increasing demand for butylenes along with the rise in petrochemical production across the globe.
A more than 150-page report is developed to help in your business decisions.
Butylenes by Segment
The study includes a forecast for the global butylenes by type, application, and region.
List of Butylenes Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies butylenes companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the butylenes companies profiled in this report include-
Butylenes Market Insights
Lucintel forecasts that 1-butene will remain the larger segment over the forecast period due to widely used thermoplastic in pipelines, containers, and packaging films, among other uses.
North America will remain the largest region over the forecast period due to growing need in this region for the expansion of the petrochemical sector.
Features of the Global Butylenes Market
Market Size Estimates: Butylenes market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Butylenes market size by type, application, and region in terms of value ($B).
Regional Analysis: Butylenes market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the butylenes market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the butylenes market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for butylenes market?
Answer: The global butylenes market is expected to grow with a CAGR of 6.0% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the butylenes market?
Answer: The major drivers for this market are increasing demand for butylenes along with the rise in petrochemical production across the globe.
Q3. What are the major segments for butylenes market?
Answer: The future of the global butylenes market looks promising with opportunities in the butadiene, methyl ethyl ketone, and butanol markets.
Q4. Who are the key butylenes market companies?
Answer: Some of the key butylenes companies are as follows.
Q5. Which butylenes market segment will be the largest in future?
Answer: Lucintel forecasts that 1-butene will remain the larger segment over the forecast period due to widely used thermoplastic in pipelines, containers, and packaging films, among other uses.
Q6. In butylenes market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing need in this region for the expansion of the petrochemical sector.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.