Global 1-Butene Market: Analysis By Production Process, Application, By Region, By Country (2022 Edition) (2017-2027)


Posted December 7, 2022 by Derrick_Samson

Global 1-Butene Market (2022 Edition) with Impact of COVID-19

 
The demand for 1-Butene has seen huge and consistent growth backed by the growth in packaged food industry and rising demand for polyethylene.

The popularity of packaged food items raises the demand for plastic, which is created from the butane-1 component. Demand for high-quality packaging is growing along with the adoption of convenience foods and ready-to-eat cuisine. The growing market for high-quality plastic for food packaging supports manufacturers' revenue growth and presents profitable business prospects. Governments are enticing producers to provide premium materials to establish their brand in the global 1-butene market.

The Butene-1 market is anticipated to be driven by factors like the rising demand for polyethylene due to the numerous plastics uses in our daily lives. Additionally, butene-1 is used to make LDPE, and it is anticipated that HDPE will drive the Butene-1 market throughout the anticipated time. Other polymers are also offered similar properties, but butene-1's low price provide producers a competitive edge that is anticipated to fuel market expansion throughout the foreseeable future.

However, one of the biggest barriers to this industry's success is still the lack of supply of 1-Butene in the market despite the fact that there is an increasing trend toward packaged foods and online shopping for various goods, both of which increase demand for various polyethylene resins. Hence, many businesses have begun to increase their 1-Butene production capacity in recent years by developing methods that enable them to produce 1-Butene on a larger scale.

The Azoth Analytics research report titled ‘Global 1-Butene Market (2022 Edition)’ presents the analysis of the Global 1-Butene Market for the historical period of 2017-2021 and the forecast period of 2022-2027. The report analyses the Global 1-Butene Market by Production Process (Butane Dehydrogenation, Separation of Crude C4, Ethylene Dimerization) and by Application (Butadiene, Maleic Anhydride, Polyethylene/Polypropylene co-polymers, Polyethylene (LLDPE and HDPE), Secondary Butyl alcohol/Methyl Ethyl Ketone). The Global 1-Butene Market has been analysed By Region (North America, Europe, Asia Pacific, LAMEA) and By Country (United States, Canada, United Kingdom, Germany, France, China, India, Japan, South Korea, Brazil).

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https://azothanalytics.com/report/chemicals-and-materials/global-1-butene-market-analysis-by-production-process-application-by-region-by-country-2022-edition-market-insights-and-forecast-with-impact-of-covid-19-2017-2027

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Contact:
Mr. Derrick Samson
Azoth Analytics
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T: +1 832 495 4885
Email:[email protected]
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Contact Email [email protected]
Issued By Azoth Analytics
Phone +1 832 495 4885
Business Address 1321 Upland Dr. PMB 15832, Houston, Texas, 77043, US
Country United States
Categories Industry
Tags chemical , butene , market report
Last Updated December 7, 2022