1,4-Butanediol is used industrially as a solvent and in the manufacture of some types of plastics, elastic fibers and polyurethanes. 2,3-Butanediol is a chemical compound with the molecular formula C4H10O2. It has three stereoisomers, all of which are colorless, viscous liquids. It occurs naturally upon the fermentation of sugarcane molasses. Applications include precursors to various plastics and pesticides.
In application, 1,4 Butanediol downstream is wide and recently 1,4 Butanediol has acquired increasing significance in various fields of THF, PBT, GBL, PU and others. Globally, the 1,4 Butanediol market is mainly driven by growing demand for THF which accounts for 52.38% global downstream consumption of 1,4 Butanediol in 2019.
The global 1, 4-Butanediol market was 5690 million US$ in 2020 and is expected to 10300 million US$ by the end of 2025, growing at a CAGR of 7.7% between 2020 and 2025.
The report offers detailed coverage of 1, 4-Butanediol industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading 1, 4-Butanediol by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global 1, 4-Butanediol market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global 1, 4-Butanediol market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
BASF
Dairen Chemical
Lyondellbasell
Ashland
Nanya Plastics Corporation
Mitsubishi Chemical Corporation
INVISTA
MarkorChem
Xinjiang Tianye
Changcheng Energy
Shanxi Sanwei Group
Shanxi BidiOu
Sichuan Tianhua
Henan Kaixiang Fine Chemical
HNEC
TunHe
By the product type, the market is primarily split into
Reppe process
Davy process
Butadiene process
Propylene oxide process
By the end users/application, this report covers the following segments
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethanes (PU)
Others
At the same time, we classify 1, 4-Butanediol according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the 1, 4-Butanediol market for the forecast period 2020 - 2025?
• What are the driving forces in the 1, 4-Butanediol market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the 1, 4-Butanediol industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?