1, 4 butanediol market is expected to gain market growth in the forecast period of 2020 to 2028. Data Bridge Market Research analyses the market to grow with the CAGR of 8.01% in the above-mentioned forecast period. Increasing demand from end-use industries is a vital factor driving the growth of 1, 4 butanediol market swiftly.Tetrahydrofuran is one of the vital application of 1, 4 butanediol which is widely utilized in various applications such the production of polytetramethylether glycols (PTMEG). It is further processed to derive spandex, and as an intermediate in manufacturing natural gas odorants due to its wide liquid range.
Increasing demand in Asia-Pacific is the vital factor escalating the market growth, also growing automotive & rising packaging industry are the major factors among others driving the 1, 4 butanediol market. Modernization & technological advancements will further create new opportunities for the 1, 4 butanediol market in the forecast period of 2020- 2027.Fluctuating cost of raw material & high manufacturing costs is a major factor among others acting as restraints, and will further challenge the growth of1, 4 butanediol market.
Global 1, 4 Butanediol Market By Application (Tetrahydrofuran (THF), Poly Butylene Terephthalate (PBT), Gamma-butyrolactone (GBL), Polyurethane, Others), Technology (Reppe Process, Davy Process, Butadiene Process, Propylene Oxide Process, Others), End-User Industry (Automotive, Pharmaceutical, Leather, Electrical and Electronics, Agricultural Chemicals, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027This 1, 4 butanediol market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on 1, 4 butanediol market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Scope of the 1, 4 Butanediol Market:
1, 4 butanediol market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
All country based analysis of the 1, 4 butanediol market is further analyzed based on maximum granularity into further segmentation. On the basis of technology, the market is segmented into reppe process, davy process, butadiene process, propylene oxide process, and others. Based on end-user industry, the market is segmented into automotive, pharmaceutical, leather, electrical and electronics, agricultural chemicals, and others. The applications covered for the report are tetrahydrofuran (THF), poly butylene terephthalate (PBT), gamma-butyrolactone (GBL), polyurethane, and others.
1, 4 Butanediol is a high boiling point colorless, organic chemical compound, derived from butane while used in the production of gamma butyrolactone (GBL), poly butylene terephthalate (PBT), polyurethanes, tetrahydrofuran, and others. The product been demanded in various industries such as pharmaceutical, electrical, agricultural chemical, automotive and others.
Key Market Competitors:
The major players covered in the 1, 4 butanediol market report are BASF SE, Exxon Mobil Corporation, Specialty Products Inc., Mitsubishi Chemical Corporation., Dow, China Petroleum & Chemical Corporation, Royal Dutch Shell Plc, Eni S.p.A., Evonik Industries AG, Ineos Group AG, LANXESS, LG Chem, LyondellBasell Industries Holdings B.V., Nizhnekamskneftekhim., JSR Corporation, Repsol, SABIC, TPC Group, Formosa Plastics Corporation, U.S.A., ZEON Corporation., Shanghai Petrochemical, Borealis AG., Versalis S.p.A., SK Global Chemical Co. Ltd, Shanxi Sanwei Group Co. Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT:
Chapter One: 1, 4 Butanediol Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: 1, 4 Butanediol Market Competition, by Players
Chapter Four: 1, 4 Butanediol Market Size by Regions
Chapter Five: 1, 4 Butanediol Market Revenue by Countries
Chapter Six: 1, 4 Butanediol Market Revenue by Type
Chapter Seven: 1, 4 Butanediol Market Revenue by Application
Chapter Eight: 1, 4 Butanediol market Revenue by Industries
Chapter Nine: 1, 4 Butanediol market Revenue by Deployment Model
Chapter Ten: 1, 4 Butanediol market Revenue by End User
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