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A mixture of liquid hydrocarbons having a predominance of 4 carbon atoms in each of its molecules is referred to as the “C4 fraction.” It is produced through fractional distillation of the gasses produced during pyrolysis after steam cracking of oil fractions. It is a material with a distinctive smell that is easily volatile, flammable, and combustible.
The C4 fraction is employed throughout its entire life cycle under tightly controlled circumstances as an intermediary in the manufacture of chemical compounds (1,3-butadiene and isobutane).
The global C4 fraction market for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The COVID-19 epidemic has had a significant negative impact on the C4 Fraction market’s whole supply chain. The C4 Fraction market has been impacted by the suspension of production and end-use sector operations.
The epidemic has had an impact on the industry’s overall growth. Sudden outbreak of the COVID-19 pandemic had caused the imposition of strict lockdown laws across various nations, causing disruptions in the import and export activities of C4 Fraction,.
The three primary ways that COVID-19 can have an impact on the world economy are by directly altering supply and demand, by disrupting the market and supply chain, and by having an economic impact on businesses and financial markets.
Following the COVID-19 problem, the market will provide lucrative opportunities for producers, according to monitoring of the situation around the world. to further highlight the current situation, the decline in the economy, and the effects of COVID-19 on the industry as a whole.