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North America 1-Butene Market is Expected to Reach $794 million in 2018 - New Report by MicroMarket Monitor
Date:7/27/2014

(PRWEB) July 27, 2014

1-Butene is a colorless, combustible gas with a characteristic odor. It has good solvent properties. 1–Butene can be manufactured either through the separation from crude C4 refinery streams or from the reaction of ethylene. Linear alpha olefin (alkene) 1-Butene is a versatile chemical that can be used to manufacture a number of important chemicals such as linear light density polyethylene (LLDP), polybutene-1, valeraldehyde, 1,2-butylene oxide, and so on.

The 1-Butene market is extremely competitive. The market has several market participants with a few market leaders globally. The C4 alpha olefin (1-butene) market was valued at $1,416 million in 2013, and is expected to reach $1,832 million by 2018. The C4 alpha olefin (1-butene) market in North America was valued at $614 million in 2013.

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There are various applications of 1-Butene that ranges from polyethylene (LLDPE, HPDE), synthetic lubricants, detergent intermediates, oilfield chemicals, paper industry, and additives. 1-Butene manufacturers cater to a wide variety of customers’ demands, where LLDPE and HDPE captured around half of the market share in the total applications share.

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