Get the latest insights on price movement and trend analysis of Bio-Butadiene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Bio-Butadiene is obtained from raw sugars or glucose syrup. The economic backlash unleashed owing to the continuing Russia-Ukraine geopolitical confrontation exposed the market's vulnerability to crude oil and natural gas prices, with repercussions felt across all sectors. The recovering global economy shifted its focus to bio-based chemicals, driving their demands towards a higher end. Similarly, the prices of bio-based butadiene increased owing to its carbon-neutral footprint and strong demand from the green tires industry.
The price of feedstock raw sugars remained strong throughout the year's first half, owing to the robust demand from ethanol and biofuel industries. The supply shortages due to trade bottlenecks and adverse weather phenomena further increased the price trends for bio-butadiene. The prices of feedstock glucose syrup averaged 948.20 USD/MT during the said period.
Procurement Resource provides latest prices of Bio-Butadiene. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
A synthetic, colourless gas known as bio-butadiene is essentially insoluble in water but is soluble in ethanol, ether, acetone, and benzene. It is primarily employed as a monomer in the creation of numerous varieties of polymers and copolymers as well as as a chemical intermediary in the manufacture of industrial chemicals. However, bio-butadiene is made from renewable sources, replacing the fossil-based raw materials.
|Molecular Weight||54.0916 g/mol|
|Industrial Uses||Renewable energy source, Plastic industry, Rubber industry, Pharmaceutical Industry|
|Supplier Database||China Petroleum & Chemical Corporation, TPC Group, Royal Dutch Shell PLC, Exxon Mobil Corporation, China National Petroleum Corporation|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, raw sugar is hydrolysed in glucose and fructose which ferment aerobically to form bio-butadiene.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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