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  • Algeria
    Europe’s unforced errors in the Maghreb

    Europe’s unforced errors in the Maghreb

    Algeria: Heatwave forecast across central and northeastern regions through at least July 2

    Algeria: Postal workers on strike as of Jan. 29

    Algeria tenders to buy nominal 50000 tonnes durum wheat -traders – Nasdaq

    Pan African Parliament president Charumbira in Algeria

    Pan African Parliament president Charumbira in Algeria

    AP Business SummaryBrief at 2:55 a.m. EST | Business … – Valdosta Daily Times

    AP Business SummaryBrief at 2:55 a.m. EST | Business … – Valdosta Daily Times

    Iran, Nigeria set up joint sci-tech working group

    Iran, Nigeria set up joint sci-tech working group

  • Egypt
    Egypt released 135,000 tons of corn, soy fodder worth $91 million from ports last week: Minister – Economy – Business

    Egypt released 135,000 tons of corn, soy fodder worth $91 million from ports last week: Minister – Economy – Business

    India and Egypt Expand Space Cooperation through a Strategic Partnership

    India and Egypt Expand Space Cooperation through a Strategic Partnership

    Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco

    Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco

    Egypt efforts to modernise aircraft inventory to drive defence expenditure

    Egypt efforts to modernise aircraft inventory to drive defence expenditure

    Is now the right time for Egypt's government IPOs? – Daily News Egypt

    Islamic Corporation for the Development of the Private Sector (ICD) Sign $120 Million Program for 2023

    Islamic Corporation for the Development of the Private Sector (ICD) Sign $120 Million Program for 2023

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    • Commentary
    • Featured
    • Event
    • Editorial
  • Libya
    Ministry of Economy convenes meeting on food and drug security

    Ministry of Economy convenes meeting on food and drug security

    Italy, Libya sign $8-billion gas deal as PM Meloni visits Tripoli

    Italy, Libya sign $8-billion gas deal as PM Meloni visits Tripoli

    Libya, Italy sign agreements to enhance cooperation

    Eni signs $8bn gas deal with Libya amid political unrest

    Eni signs $8bn gas deal with Libya amid political unrest

    Arab states boycott regional meeting in divided Libyan capital – World

    Arab states boycott regional meeting in divided Libyan capital – World

    Libya: Heightened security, disruptions likely as of early June 11 following clashes between armed groups in Tripoli

    Libya: Clashes erupted at Tripoli International Airport between militias aligned with Government of National Unity early Jan. 19

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    • Morocco
      Spain, Morocco To Sign 20 Bilateral Agreements During … – Morocco World News

      Spain, Morocco To Sign 20 Bilateral Agreements During … – Morocco World News

      Africa IVD Market to be Worth $1.78 Billion by 2029

      Africa IVD Market to be Worth $1.78 Billion by 2029

      Europe Eyes Morocco, Africa as 'Future Source of Cheap … – Morocco World News

      Europe Eyes Morocco, Africa as 'Future Source of Cheap … – Morocco World News

      Strike Over Pensions: Royal Air Maroc Cancels Flights From, To Paris – Morocco World News

      Strike Over Pensions: Royal Air Maroc Cancels Flights From, To Paris – Morocco World News

      Fifty local elected officials from the Oriental region trained in territorial coaching

      Fifty local elected officials from the Oriental region trained in territorial coaching

      Global Morocco Cosmetics Market Size, Share, Movements By Trend Analysis, Growth Status, Revenue Analysis To 2028

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      • South Sudan
        Pope Francis’ plea for trip to Congo and South Sudan: No more bloodshed

        Pope Francis’ plea for trip to Congo and South Sudan: No more bloodshed

        South Sudan president directs payment of UN membership arrears – Sudan Tribune

        Through football, South Sudan’s youth forge ahead – DW – 01/16/2023

        Through football, South Sudan’s youth forge ahead – DW – 01/16/2023

        South Sudan President’s Video | Nation/World

        South Sudan President’s Video | Nation/World

        Is South Sudan the next major migration movement in the making?

        Is South Sudan the next major migration movement in the making?

        11 killed in South Darfur attacks says state government

        11 killed in South Darfur attacks says state government

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        • Sudan
          Gives on the Go is the space for helping business owners with business credit and financing.

          Gives on the Go is the space for helping business owners with business credit and financing.

          UAE Yahsat’s subsidiary YahClick signs $15mln deal to boost Africa presence

          UAE Yahsat’s subsidiary YahClick signs $15mln deal to boost Africa presence

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          Flood rapid assessment report: Mundri West and East Counties Western Equatoria State 08th -09th September 2022 – South Sudan

          Hope for Peace in Sudan as High-Profile Talks Kick Off in Juba

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          SAGALIAM ACQUISITION CORP. CONFIRMS FUNDING AND EXTENSION OF DEADLINE TO COMPLETE INITIAL BUSINESS COMBINATION

          The Indonesian Ambassador to Khartoum Received a Visit from the Jambi Student Association

          The Indonesian Embassy in Khartoum Supports the Graduation Ceremony of Indonesian Students in Sudan

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          • Tunisia
            Tunisia: ASSAD increases turnover by 6% to 102 million dinars in 2022

            Tunisia: ASSAD increases turnover by 6% to 102 million dinars in 2022

            Gunmen kill eight at birthday party in South Africa-Police

            Gunmen kill eight at birthday party in South Africa-Police

            IoT In Banking & Financial Services Market to See Booming Growth

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            Another uprising is in the making in Tunisia | Opinions

            Algeria opens doors to tourists, visa on arrival plan – Arabian Business

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            Algeria Takes New Measures to Boost Desert Tourism

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            • North Africa
              Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

              Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

              Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

              The Water Project Renforce son Engagement en Faveur de l’Eau Potable dans le Comté de Vihiga, Kenya.

              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

              NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

              NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

              NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

              تحدد جمعية زوجات الضباط البحريين (NOWA) 16 من الإنجازات الرئيسية لحاجيه عائشة غامبو في عامين

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              • Middle east
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                Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

                NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                تحدد جمعية زوجات الضباط البحريين (NOWA) 16 من الإنجازات الرئيسية لحاجيه عائشة غامبو في عامين

                The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023

                The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023

                The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023

                تستقطب قمة الخليج للشؤون الدوائية في نسختها الثامنة في دبي عام 2023

                ء ﺑﺎﻟﯿﻮم ﻣﺴﺎﺑﻘﺔ اﻟﺸﺒﺎب ﻟﻠﻔﻨﻮن ﺗﺘﯿﺢ ﻟﻠﻤﻮھﻮﺑﯿﻦ اﻟﺸﺒﺎب ﻓﻲ ﺟﻤﯿﻊ أﻧﺤﺎء اﻟﻌﺎﻟﻢ ﻓﺮﺻﺔ اﻹﺑﺪاع اﺣﺘﻔﺎ اﻟﻌﺎﻟﻤﻲ ﻟﻸﺣﯿﺎء اﻟﺒﺮﯾﺔ

                Youth Artists Across the World Called to get Creative for Wildlife

                Trending Tags

                • Press releases
                  Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

                  Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

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                  CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

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                  UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

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                  Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

                  Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

                  Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

                  Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

                  Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

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                  • Algeria
                    Europe’s unforced errors in the Maghreb

                    Europe’s unforced errors in the Maghreb

                    Algeria: Heatwave forecast across central and northeastern regions through at least July 2

                    Algeria: Postal workers on strike as of Jan. 29

                    Algeria tenders to buy nominal 50000 tonnes durum wheat -traders – Nasdaq

                    Pan African Parliament president Charumbira in Algeria

                    Pan African Parliament president Charumbira in Algeria

                    AP Business SummaryBrief at 2:55 a.m. EST | Business … – Valdosta Daily Times

                    AP Business SummaryBrief at 2:55 a.m. EST | Business … – Valdosta Daily Times

                    Iran, Nigeria set up joint sci-tech working group

                    Iran, Nigeria set up joint sci-tech working group

                  • Egypt
                    Egypt released 135,000 tons of corn, soy fodder worth $91 million from ports last week: Minister – Economy – Business

                    Egypt released 135,000 tons of corn, soy fodder worth $91 million from ports last week: Minister – Economy – Business

                    India and Egypt Expand Space Cooperation through a Strategic Partnership

                    India and Egypt Expand Space Cooperation through a Strategic Partnership

                    Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco

                    Arab Africa Trade Bridges (AATB) Program Hosts Series of Bilateral Trade Business to Business (B2B) Meetings in Casablanca, Morocco

                    Egypt efforts to modernise aircraft inventory to drive defence expenditure

                    Egypt efforts to modernise aircraft inventory to drive defence expenditure

                    Is now the right time for Egypt's government IPOs? – Daily News Egypt

                    Islamic Corporation for the Development of the Private Sector (ICD) Sign $120 Million Program for 2023

                    Islamic Corporation for the Development of the Private Sector (ICD) Sign $120 Million Program for 2023

                    Trending Tags

                    • Commentary
                    • Featured
                    • Event
                    • Editorial
                  • Libya
                    Ministry of Economy convenes meeting on food and drug security

                    Ministry of Economy convenes meeting on food and drug security

                    Italy, Libya sign $8-billion gas deal as PM Meloni visits Tripoli

                    Italy, Libya sign $8-billion gas deal as PM Meloni visits Tripoli

                    Libya, Italy sign agreements to enhance cooperation

                    Eni signs $8bn gas deal with Libya amid political unrest

                    Eni signs $8bn gas deal with Libya amid political unrest

                    Arab states boycott regional meeting in divided Libyan capital – World

                    Arab states boycott regional meeting in divided Libyan capital – World

                    Libya: Heightened security, disruptions likely as of early June 11 following clashes between armed groups in Tripoli

                    Libya: Clashes erupted at Tripoli International Airport between militias aligned with Government of National Unity early Jan. 19

                    Trending Tags

                    • Morocco
                      Spain, Morocco To Sign 20 Bilateral Agreements During … – Morocco World News

                      Spain, Morocco To Sign 20 Bilateral Agreements During … – Morocco World News

                      Africa IVD Market to be Worth $1.78 Billion by 2029

                      Africa IVD Market to be Worth $1.78 Billion by 2029

                      Europe Eyes Morocco, Africa as 'Future Source of Cheap … – Morocco World News

                      Europe Eyes Morocco, Africa as 'Future Source of Cheap … – Morocco World News

                      Strike Over Pensions: Royal Air Maroc Cancels Flights From, To Paris – Morocco World News

                      Strike Over Pensions: Royal Air Maroc Cancels Flights From, To Paris – Morocco World News

                      Fifty local elected officials from the Oriental region trained in territorial coaching

                      Fifty local elected officials from the Oriental region trained in territorial coaching

                      Global Morocco Cosmetics Market Size, Share, Movements By Trend Analysis, Growth Status, Revenue Analysis To 2028

                      Trending Tags

                      • South Sudan
                        Pope Francis’ plea for trip to Congo and South Sudan: No more bloodshed

                        Pope Francis’ plea for trip to Congo and South Sudan: No more bloodshed

                        South Sudan president directs payment of UN membership arrears – Sudan Tribune

                        Through football, South Sudan’s youth forge ahead – DW – 01/16/2023

                        Through football, South Sudan’s youth forge ahead – DW – 01/16/2023

                        South Sudan President’s Video | Nation/World

                        South Sudan President’s Video | Nation/World

                        Is South Sudan the next major migration movement in the making?

                        Is South Sudan the next major migration movement in the making?

                        11 killed in South Darfur attacks says state government

                        11 killed in South Darfur attacks says state government

                        Trending Tags

                        • Sudan
                          Gives on the Go is the space for helping business owners with business credit and financing.

                          Gives on the Go is the space for helping business owners with business credit and financing.

                          UAE Yahsat’s subsidiary YahClick signs $15mln deal to boost Africa presence

                          UAE Yahsat’s subsidiary YahClick signs $15mln deal to boost Africa presence

                          Flood rapid assessment report: Mundri West and East Counties Western Equatoria State 08th -09th September 2022 – South Sudan

                          Flood rapid assessment report: Mundri West and East Counties Western Equatoria State 08th -09th September 2022 – South Sudan

                          Hope for Peace in Sudan as High-Profile Talks Kick Off in Juba

                          Hope for Peace in Sudan as High-Profile Talks Kick Off in Juba

                          SAGALIAM ACQUISITION CORP. CONFIRMS FUNDING AND EXTENSION OF DEADLINE TO COMPLETE INITIAL BUSINESS COMBINATION

                          SAGALIAM ACQUISITION CORP. CONFIRMS FUNDING AND EXTENSION OF DEADLINE TO COMPLETE INITIAL BUSINESS COMBINATION

                          The Indonesian Ambassador to Khartoum Received a Visit from the Jambi Student Association

                          The Indonesian Embassy in Khartoum Supports the Graduation Ceremony of Indonesian Students in Sudan

                          Trending Tags

                          • Tunisia
                            Tunisia: ASSAD increases turnover by 6% to 102 million dinars in 2022

                            Tunisia: ASSAD increases turnover by 6% to 102 million dinars in 2022

                            Gunmen kill eight at birthday party in South Africa-Police

                            Gunmen kill eight at birthday party in South Africa-Police

                            IoT In Banking & Financial Services Market to See Booming Growth

                            Another uprising is in the making in Tunisia | Opinions

                            Another uprising is in the making in Tunisia | Opinions

                            Algeria opens doors to tourists, visa on arrival plan – Arabian Business

                            Algeria Takes New Measures to Boost Desert Tourism

                            Algeria Takes New Measures to Boost Desert Tourism

                            Trending Tags

                            • North Africa
                              Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

                              Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

                              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

                              Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

                              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

                              The Water Project Renforce son Engagement en Faveur de l’Eau Potable dans le Comté de Vihiga, Kenya.

                              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

                              The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

                              NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                              NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                              NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                              تحدد جمعية زوجات الضباط البحريين (NOWA) 16 من الإنجازات الرئيسية لحاجيه عائشة غامبو في عامين

                              Trending Tags

                              • Middle east
                                Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

                                Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

                                NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                                NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                                NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

                                تحدد جمعية زوجات الضباط البحريين (NOWA) 16 من الإنجازات الرئيسية لحاجيه عائشة غامبو في عامين

                                The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023

                                The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023

                                The 8th edition of the GCC Regulatory Affairs Pharma Summit will take place in Dubai in 2023

                                تستقطب قمة الخليج للشؤون الدوائية في نسختها الثامنة في دبي عام 2023

                                ء ﺑﺎﻟﯿﻮم ﻣﺴﺎﺑﻘﺔ اﻟﺸﺒﺎب ﻟﻠﻔﻨﻮن ﺗﺘﯿﺢ ﻟﻠﻤﻮھﻮﺑﯿﻦ اﻟﺸﺒﺎب ﻓﻲ ﺟﻤﯿﻊ أﻧﺤﺎء اﻟﻌﺎﻟﻢ ﻓﺮﺻﺔ اﻹﺑﺪاع اﺣﺘﻔﺎ اﻟﻌﺎﻟﻤﻲ ﻟﻸﺣﯿﺎء اﻟﺒﺮﯾﺔ

                                Youth Artists Across the World Called to get Creative for Wildlife

                                Trending Tags

                                • Press releases
                                  Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

                                  Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

                                  CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

                                  CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

                                  UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

                                  UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

                                  Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

                                  Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

                                  Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

                                  Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

                                  Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

                                  Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

                                  Trending Tags

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                                  Home Press Releases

                                  1,3 Butadiene Market Size Forecast to Reach $44.8 Billion by 2026

                                  admin by admin
                                  January 29, 2022
                                  in Press Releases
                                  Phototherapy Equipment Market Size Forecast to Reach $1.2 Billion by 2026
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                                  (EMAILWIRE.COM, January 25, 2022 ) The 1,3 Butadiene Market size is forecast to reach $44.8 billion by 2026, after growing at a CAGR of 5.5% during 2021-2026. 1,3 butadiene is used primarily in the production of synthetic rubbers and polymers. 1,3 butadiene products such as styrene-butadiene rubber is highly used in automotive applications due to heat resistant and lightweight properties. These polymers are used in a wide variety of industrial and consumer products. Such polymers are used to produce tire products, paper coating, gloves, and also plastic materials. 1,3 butadiene is also used as an intermediate in the production of chloroprene, adiponitrile, and other basic petrochemicals. It helps to improve product functionality, performance, and safety. Hence, the growing demand from various industries such as automotive, building & construction, healthcare, and others are estimated to create a huge demand for 1,3 butadiene compounds.

                                  Impact of COVID-19

                                  Due to COVID 19, the market for 1,3 butadiene is highly impacted at the global platform. 1,3-butadiene is extremely flammable and it is available as liquefied gas, which is extracted from crude butylene concentration stream. 1,3 butadiene is a byproduct of naphtha that is used to reduce the viscosity of crude oil. Thus, the price of crude oil is fluctuating day by day during the lockdown, which is hampering the production of 1,3 butadiene.

                                  Full Report Link @ https://www.industryarc.com/Research/1,3-Butadiene-Market-Research-503437

                                  1,3 Butadiene Market Segment Analysis – By Product

                                  Styrene-butadiene rubber segment held the largest share in the 1,3 butadiene market in 2020, because it is the primary material combined with natural rubber to make tires and produced plastic materials. Styrene-butadiene rubber is used for various applications such as cable insulation, drive belts, adhesives, hoses, and molded rubber goods. Apart from this, styrene-butadiene latex (SB latex) is used to produce paper coatings. Acrylonitrile butadiene styrene (ABS) is a heat and impact resistant lightweight material that can be used for toys. Furthermore, acrylonitrile butadiene styrene is used in various automotive applications such as doorknobs, grilles, and trims, which increases the demand for 1,3 butadiene products.

                                  1,3 Butadiene Market Segment Analysis – By End-Use Industry

                                  Automotive has been the primary end-user segment for the 1,3 butadiene market in 2020 and is growing at a CAGR of 6% during this forecast period because 1,3 butadiene is used in the production of styrene-butadiene rubber, acrylonitrile butadiene styrene resin, and nitrile rubber, which is used in tires on cars and trucks. Nitrile Butadiene Rubber (NBR) is an oil-resistant synthetic rubber used in automotive gaskets where oil resistance is required. Styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR) are used to produce tires and plastic materials. Styrene-butadiene rubber is abrasion resistant with a replacement for natural rubber, which is produced from polyisoprene. Thus, increasing usage of 1,3 butadiene in the automotive industry is estimated to grow the market size.

                                  Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=503437

                                  Report Price: $ 4500 (Single User License)

                                  1,3 Butadiene Market Segment Analysis – By Geography

                                  Asia Pacific dominated the 1,3 butadiene market in 2020 with 30%, due to growing demand for 1,3 butadiene from various end-use industries such as automotive, building & construction, healthcare, and packaging in the region. According to the China Association of Automobile Manufacturers, the production of electric buses is expected to increase 34% by 2025. According to the National Development and Reform Commission (NDRC), 14 construction investment projects were approved worth CNY177.8 billion (US$25.2 billion), following approvals of CNY68.9 billion (US$10.1 billion) in August 2020. Additionally, according to Central Sanctioning and Monitoring Committee (CSMC), 1,68,606 new homes were approved to construct in urban areas under Pradhan Mantri Awasa Yojana in 2021 Hence, all factors are estimated to grow the demand for 1,3 butadiene.

                                  1,3 Butadiene Market Drivers

                                  Rising Adoption from Automotive Industry

                                  1,3 Butadiene is used primarily as a chemical intermediate and as a monomer in the manufacture of polymers such as synthetic rubbers or elastomers, including styrene-butadiene rubber (SBR), which is majorly used in the production of tires. 1,3 Butadiene is consumed in the manufacture of polymers, latexes, and plastic materials. Apart from this, acrylonitrile-butadiene rubber resin is used to reduce the weight of tires, thus the growing adoption of 1,3 butadiene in the automotive industry is estimated to grow the market size during the projected year. Additionally, it is widely used in tire production due to enhancing components to tires, such as rolling resistance, wear, and traction. Thus, increasing automotive tire production is estimated to the growing demand for 1,3 butadiene. According to U.S. Tire Manufacturers Association, the tire production of lightweight vehicles increased from 25.4 million to 26.7 million in 2018-2019 and the passenger car’s tire production increased from 14.4 million to 17.4 million in 2018-2019. Additionally, according to the India Brand Equity Foundation (IBEF), tire demand is estimated to grow by 7-9 percent during FY2019-FY23, and the tire market is forecast to reach USD 251.4-282.8 billion by 2026. Hence, all factors are growing demand for 1,3-butadiene.

                                  Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=503437

                                  1,3 Butadiene Market Challenges

                                  Growing Concern towards Healthcare & Personal Care Products

                                  1,3 butadiene is widely used in health care and personal care products but 1,3 butadiene is a problem carcinogen in humans. It causes lymph and blood cancer in humans. Due to this reason, the demand for 1,3 butadiene may decreased. Butadiene causes many diseases like headache and dizziness, due to which humans can die or go into a coma. These factors are increasing concern about health safety and hampering the market growth.

                                  Fluctuation of Raw Material Prices

                                  1,3 butadiene used in the production of synthetic rubbers. Styrene-butadiene rubbers and acrylonitrile butadiene rubber are used in the production of tires of vehicles. 1,3 butadiene is feedstock chemical of petrochemical industry which produced as a by-product from steam cracking of naphtha. 1,3 butadiene can also be produced by the dehydrogenation of butane. In recent years the production of naphtha has fluctuated massively due to fluctuation in crude oil prices which may hamper the production of 1,3 butadiene. According to the U.S. Energy Information Administration (EIA), crude oil prices decreased by US$ 41.69 per barrel in 2020 compared to US$ 64.34 per barrel in 2019.

                                  1,3 Butadiene Market Market Landscape

                                  Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 1,3 butadiene market. Major players in the 1,3 Butadiene Market are BASF, Exxon Mobil Corporation, TPC Group, Lanxess, Lyondellbasell, Ineos, Sabic, Dow, LG Chem, YEOCHUN NCC CO., LTD., Reliance Industries, Jiutai Energy Inner Mongolia Co., Ltd., Bangkok Synthetics Co. Ltd, JSR and Braskem, and among others.

                                  Key Takeaways

                                  Asia-Pacific dominates the 1,3 butadiene market owing to increase demand for synthetic rubbers in the automotive sector, which is made from 1,3 butadiene is likely to aid in market growth.

                                  Increasing adoption for paper coating with high gloss and brightness, also for back coating in tufted carpets to provide stability is expected to grow the demand for styrene-butadiene latex.

                                  Furthermore, increasing crude oil prices and growing awareness regarding health are estimated to hamper market growth.

                                  Related Reports

                                  A.Nitrile Elastomers Market

                                  https://www.industryarc.com/Report/17709/nitrile-elastomers-market.html

                                  B.Hydrogenated Nitrile Butadiene Rubber Market

                                  https://www.industryarc.com/Research/Hydrogenated-Nitrile-Butadiene-Rubber-Market-Research-510788

                                  For more Chemicals and Materials Market reports, please click here

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