Butadiene Derivatives Market Size Share, Growth, Trend Report, Demand, Analysis, Overview, Report Analysis
Butadiene is produced as a byproduct during the steam cracking process of ethylene and propylene. It is a highly reactive colorless gas, considered as a vital feedstock for manufacturing various chemicals and materials in automotive, paints, and textile end-use industries. Based on product derivatives, the global butadiene derivatives market Size has been divided into styrene butadiene rubber (SBR), polybutadiene rubber (PBR), acrylonitrile butadiene styrene (ABS), styrene butadiene latex, adiponitrile, nitrile rubber (NR), and others. Among these, SBR is the leading segment during the forecast period owing to its rising applications in tires and rubber products. Due to its exceptional properties such as better processability and heat and abrasion resistance, it finds applications in gaskets and seals, footwear, and adhesives. These materials offer better grip and low rolling resistance, thus, resulting in reduced CO2 emissions and improved fuel economy. PBR is also expected to acco