1,4 Butanediol Market

1,4 Butanediol Market Size, Share, Growth Analysis, By Application(Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-butyrolactone (GBL), Polyurethane (PU)), By Regional(North America, Europe, Asia Pacific, Central & South America) - Industry Forecast 2024-2031


Report ID: UCMIG15A2206 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

1,4 Butanediol Market Insights

Market Overview:

In 2021, the global 1,4 butanediol market reached a valuation of approximately $6.88 billion, marking a significant milestone in its growth trajectory. Looking ahead, industry projections suggest that the market is poised for continuous expansion, with a projected compound annual growth rate (CAGR) of 8.1% between 2022 and 2030. This optimistic outlook can be attributed to several factors, including increasing demand from various end-use industries such as automotive, textiles, and pharmaceuticals. Additionally, the versatility of 1,4 butanediol as a chemical intermediate in the production of polymers, solvents, and other compounds further fuels its market potential. With these factors in play, the 1,4 butanediol market is expected to witness steady growth and generate lucrative opportunities for industry participants in the coming years.

1,4 Butanediol Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for 1,4 Butanediol was estimated to be valued at US$ XX Mn in 2021.

The 1,4 Butanediol Market is estimated to grow at a CAGR of XX% by 2028.

The 1,4 Butanediol Market is segmented on the basis of Application, Regional.

Based on region, the 1,4 Butanediol Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the 1,4 Butanediol Market are Bio Amber Inc., BASF SE, Ashland Inc., ExxonMobil Chemicals, China Petroleum & Chemical Corporation, International Specialty Products., Mitsubishi Chemical Corporation, Evonik Industries AG, Invista, SK Chemical Co. Ltd., Toray Industries Inc., Dairen Chemical Corporation, Lyondell Basell Industries, Myriant Corporation, The Dow Chemical Company, Sipchem, Genomatica, Shanghai Petrochemical.

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1,4 Butanediol Market

Report ID: UCMIG15A2206

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