The import forecast for Buta-1, 3-Diene and Isoprene to the US shows a consistent upward trend from 2024 to 2028. In 2023, the volume stood at 320.00 million kilograms. A year-on-year increase is observed, with each successive year growing by approximately 1.45% - 1.50% compared to the prior year. The compound annual growth rate (CAGR) over the five-year period is projected at 1.52% on average. This indicates a stable growth trajectory, reflecting a steady demand in the US market.
Future trends to monitor include potential impacts of international trade policies, shifts in domestic production capabilities, and technological advancements in the synthetic rubber industry which utilizes these key chemical imports. Additionally, environmental regulations and sustainability efforts could influence market dynamics and import requirements.
