1,3-Pentadiene Market
1,3-Pentadiene Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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1,3-Pentadiene Market Size and Growth
The 1,3-Pentadiene market is experiencing robust growth due to increasing demand in polymer production and chemical synthesis. As of 2023, the global market size is estimated to reach approximately USD 1.2 billion, driven by expanding applications in diverse industries, including automotive and packaging, alongside innovations in production technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Sinopec
◍ Formosa Chemical
◍ Zeon Corporation
◍ LOTTE Chemical
◍ Eastman
◍ LyondellBasell
◍ Mitsui
◍ Shell
◍ Ningbo Jinhai Chenguang Chemical
◍ Braskem
◍ Shandong Yuhuang Chemical
◍ YNCC
◍ Nanjing Yuangang
The 1,3-Pentadiene market is competitive, driven by companies like Sinopec, Formosa Chemical, and Zeon Corporation. These firms utilize 1,3-Pentadiene in producing synthetic rubber and plastics, enhancing market growth. They innovate in applications and expand production capacity.
Sales revenue figures:
- LyondellBasell: ~$14 billion
- Shell: ~$393 billion
- Eastman: ~$10 billion
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Market Segmentation
By Application
Adhesives
Paints
Rubber
Other
By Product
◍ Below 40% Purity
40% -65% Purity
Above65% Purity
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Market Growth
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$ X Billion USD
