Global Butene-1 Market Size By Application, By Geographic Scope And Forecast
Report Highlights
Butene-1 Market Size And Forecast
Butene-1 Market was valued at USD 569.33 Million in 2019 and is projected to reach USD 779.32 Million by 2027, growing at a CAGR of 4.0 % from 2020 to 2027.
Global Butene-1 Market Outlook
Substantial demand for polyethylene is expected to keep on growing owing to the rising demand for plastic for multiple applications across the globe and 1-Butene is predominately utilized for the production of polyethylene (LLDPE and HDPE), the market for 1-Butene is additionally supposed to remain geared. Encore, polyethylene produced from other co-monomers such as octane-1 and hexane-1 bear developed attributes of the polymer in terms of strength and stress resistance in association to the polymer produced from 1-Butene, which may direct to moderate decrement in market share. But as 1-Butene has lower cost comparatively, preference towards production with desirable economics mitigates the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Butene-1 Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Butene-1 Market Competitive Landscape
The Global Butene-1 Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as SABIC, LyondellBasell Industries, Lorestan Petrochemical Co, Jam Petrochemical Company, Evonik Industries, Bangkok Synthetics Co., Ltd, Daelim, TPC Group, Shell Chemical, Exxon Mobil Corporation, and Others.
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