Chemical Market Associates, Inc. (CMAI) has completed its 2008 World Butadiene Analysis, an annual market study that provides clients with an outlook for the butadiene and derivatives industries for the period 2002-2012. CMAI experts forecast the 2008 through 2012 period will experience a butadiene demand growth rate of just under 3.5% pa, slightly higher than the 3.2% annual rate experienced over the past five years. Global demand for butadiene consumed into ABS resin production is estimated to grow at a high annual rate of around 5%, due to heavy use of thermoplastics in the manufacture of computer equipment and other appliances, mainly in China
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Wednesday, January 16, 2008
Butadiene demand growth rate forecast at under 3.5% pa until 2012
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