China plans to dominate the global expansion of butadiene production capacity

It is expected that China will "significantly expand its butadiene production capacity by 2030, relying on high demand for butadiene derivatives such as acrylonitrile butadiene styrene (ABS) and synthetic rubber in the automotive and tire industries".

According to GlobalData, a leading data analytics company, China, which accounts for more than 50 percent of the expected global capacity additions by 2030, is positioning itself as the "dominant player in the global butadiene market".