Butadiene supply was weighed under the demand downturn at the start of Q3, but some unexpected C-4 cracker shutdowns helped in offsetting the market surplus. Towards the end of Q3, demand started to pick up the lost uptrend in line with increasing downstream tire and automobile production though producers remained wary about the overall recovery until the COVID-19 pandemic abated. Inventory levels were low as several synthetic rubber producers were able to ramp rates up. As per market estimates, the European market in Q3 was primarily driven by the buoyant demand from Asia which was heard turning more positive than in the last five months.
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Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Finally, region-specific markets for Butadiene are analyzed and region-wise demand pattern is tracked.
Butadiene (BD) is flammable, colorless gas with a mild aromatic odor. It is readily soluble in alcohol and ether, insoluble in water and readily polymerizes in the presence of oxygen. One of the most important use of Butadiene is in the manufacture of synthetic rubber such as styrene-butadiene rubber (SBR), nitrile butadiene rubbers (NBR), polybutadiene rubber (PBR) (Cis-polybutadiene and trans-polybutadiene) and other elastomeric formulations with specific properties. PBR and SBR accounts for nearly 55% of the global Butadiene demand. Other large consuming segments include Acrylonitrile Butadiene Styrene (ABS), Polychloroprene, and Adiponitrile (feedstock for Nylon -6,6). Butadiene is also used extensively for various polymerization reactions during plastics manufacturing. Butadiene is commonly produced via two routes – (1) as a by-product during production of Ethylene and Propylene production wherein the crude C4 stream is isolated from steam cracking process and is fed to extract Butadiene from the other C4s via extractive distillation. (2) by dehydrogenation of n-Butane or n-Butene which are obtained from steam crackers or C4 refinery streams. Leading licensors of the production technology for Butadiene include-Shell, BASF and Nippon-Zeon.