Data Bridge Market Research analyses that the 1, 4 butanediol market is expected to reach USD 10.76 billion by 2030, which is USD 7.23 billion in 2022, registering a CAGR of 5.10% during the forecast period of 2023 to 2030.
Industry Analysis
The 1, 4 butanediol market is anticipated to witness significant growth during the forecast period due to its applications of polybutylene terephthalate (PBT), tetrahydrofuran (THF) and polyurethane (PU) in various industrial processes. Moreover, increasing usage of these derivatives in automotive sector will expected to enhance the market growth. According to the data of OICA, the global automotive production augmented by 3% in 2021 compared to the previous year. The total manufacture of automobiles was about 80,145,988 units in 2021 globally.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
1, 4 Butanediol is an organic chemical compound with the chemical formula HOCH2CH2CH2CH2OH. It is also known as BDO or BD. The 1, 4 butanediol is a stable isomer of butanediol and colourless in nature. It is used as a solvent for the manufacturing of some types of polyurethanes and liquid, elastic fibers, The 1, 4 Butanediol can also be utilized for the chemical synthesis of γ-butyrolactone (GBL). Moreover, in the presence of high temperature ns phosphoric acid, it is derived into tetrahydrofuran solvent.
Global 1, 4 Butanediol Market Scope
The 1, 4 butanediol market is segmented on the basis of derivative, end-user industry and technology. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Derivative
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Other Derivatives
End-User Industry
Automotive
Healthcare and Pharmaceutical
Textile
Electrical and Electronics
Other End-user Industries
Technology
Reppe Process
Davy Process
Butadiene Process
Propylene Oxide Process
Others
Type
Synthetic
Bio-Based
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1, 4 Butanediol Market Regional Analysis/Insights
The 1, 4 butanediol market is analyzed and market size insights and trends are provided by country, of products, derivative, end-user industry and technology application as referenced above.
The countries covered in the 1, 4 butanediol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the 1, 4 butanediol market owing to higher consumer pool and increase in income levels in this region.
Europe is anticipated to be the -growing region in 1, 4 butanediol market during the forecast period of 2023-2030 due to the increase in the implementation of stringent regulations in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and 1, 4 Butanediol Market Share Analysis
The 1, 4 butanediol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 1, 4 butanediol market.
Some of the major players operating in the 1, 4 butanediol market are:
· Dow (U.S.)
· LyondellBasell Industries N.V. (Netherlands)
· BASF SE (Germany)
· ADM (U.S.)
· Global Bio-chem Technology Group Company Limited (China)
· DuPont (U.S.)
· Tate & Lyle Bio Products (U.S.)
· SKC (South Korea)
· Temix Oleo (Italy)
· INEOS Oxide (Switzerland)
· Huntsman International L.l.C (U.S.)
· ADEKA CORPORATION (Japan)
· Chaoyang Chemicals, Inc. (U.S.)
· Manali Petrochemicals Limited (India)
· Haike Chemical Group Co., Ltd. (China)
· Arch Chemicals Inc, (U.S.)
· Repsol (Spain)
· Midland Company (U.S.)
· Helm AG (Germany)
· Shell Plc (U.K.)
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Global 1, 4 Butanediol Market by Product & Procedure type
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