Companies and Markets
Call us on +44 (0) 203 086 8600
Market Research A to Z | Company Profiles A to Z | RegisterRegister | Contact UsContact Us | Shopping Basket Shopping Basket
+44 (0) 203 086 8600 Call us on

US butadiene market demand to hit 2.4 million tons by 2020

Industry Sector

Chemicals

Published

15 November 2012

Author

Mike King

Type of News

Market

The US butadiene market saw demand stand at 1.9 million tons last year - compared to the 1.6 million tons the country produced. Demand within the market has been forecast to hit 2.4 million tons by 2020, while butadiene yield will climb at a slower rate, reaching 1.9 million tons by the end of the decade.

The relatively recent and intense exploitation of US natural gas reserves is resulting in an increased dependence on butadiene imports. The disparity between butadiene production and demand will climb in the near future as the US moves away from crude oil and naphtha to the increasingly cheap natural gas.

The percentage of C4 hydrocarbons required for the production of butadiene is very low in natural gas compared to crude oil or naphtha. As a result, growing demand will necessarily require a boost in imports.

The next four years in particular are expected to be relatively bleak in terms of butadiene production growth. Beyond that period, a number of on-purpose technologies are currently in development, possibly boosting overall production.

However, it will take some time for these to emerge as a viable alternative supply option.

The US imported 329,118 tons of butadiene last year, with Canada, South Korea, Netherlands, China, the UK and Germany the leading suppliers. The number of imports within the US butadiene market has been forecast to rise to 524,916 tons by 2020.

For more information on the US butadiene market, see the latest research: US Butadiene Market

Follow us on Twitter @CandMResearch

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency

GBP
USD

Change Currency

GBP
USD

Use our research skills: Get free support

Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support

December Discounted Prices: Contact us to ask about our special discounts available in December

For the last month in 2014 we are offering discounted prices on a selection of new reports. Please contact us on 00 44 (0) 203 0868600 or via email (click here to email) to ask about prices and special discounts.

Available during December and the run-up to Christmas; Discounted prices on a selection of our reports.

Find all the research at the best prices. Great promotions being offered during December!

We are offering our clients substantial savings on the best research available during December. Please contact us either via emailor by calling our team to discuss your specific research needs on Tel: 00 44 (0) 203 0868600. We look forward to being able to find you the research you require at good prices.

Accessibility
Close

Contrast settings

Text size settings