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Request for Real Time Butadiene Prices: https://www.procurementresource.com/resource-center/1-3-butadiene-price-trends/pricerequest
Butadiene is a flammable, colourless gas with a smell reminiscent of gasoline. Although it is insoluble in water, but it rapidly dissolves in organic solvents like acetone, benzene, etc. Butadiene is utilised as a feedstock for numerous polymerization processes, but its main application is the production of synthetic rubber, which is used in everything from tyre treads to shoe bottoms in the automotive sector.
Butadiene is often produced by the stream cracking of ethylene. The butadiene extraction zone receives the raw C4 stream and feeds it into it, where extractive distillation is used to extract the desired product. The quantity and quality of the feed utilised to determine the amount of produce. Butadiene and other derivatives are more concentrated when feedstock concentrations, such as naphtha, are higher.
The leading butadiene-producing countries are China, the United States, South Korea, Germany, and Japan.
Key Details About the Butadiene Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Butadiene in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Butadiene Price analysis, pricing database, and chart can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Butadiene Price Trend:
The Butadiene price trend is influenced by its industrial uses which include the production of shoe soles, tyres, and some parts of cars. In addition, it is used in adhesives, and sealants, and facilitates in the alterations of polymers.
Key Market Players:
- Braskem, Shell Chemical,
- Ineos OandP
News and Events:
- August 17, 2022: During a power outage, the Baytown Chevron Philips Chemical Factory spilled hundreds of pounds of chemicals, including 280 pounds of 1,3-butadiene.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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