In 2023, imports of Buta-1, 3-Diene and Isoprene to China stood at an actual figure prior to the forecasted data for the years 2024 to 2028. From 2024, the imports are projected to grow consistently, indicating a year-on-year increase in volume from 400.3 million kilograms in 2024 to 442.32 million kilograms in 2028. The compound annual growth rate (CAGR) over this five-year period highlights a steady growth trajectory.
Future trends to watch for include:
- Potential shifts in China’s domestic production capacity that could affect import reliance.
- Changes in global trade policies impacting the supply chain dynamics for these chemicals.
- Technological advancements that could alter the demand for synthetic polymers derived from Buta-1, 3-Diene and Isoprene.
