info@marketresearchfuture.com   ๐Ÿ“ž  +1 (855) 661-4441(US)   ๐Ÿ“ž  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

1, 4-Butanediol Market Research Report Information By Technology (Reppe Process, Davy Process, Propylene Oxide Process & Others), By Application (Gamma-Butyrolactone (GBL), Polybutylene Terephthalate (PBT), Polyurethanes (PU), Tetrahydrofuran (THF)) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) โ€“ Market Forecast Till 2032.


ID: MRFR/CnM/1711-HCR | 105 Pages | Author: Anshula Mandaokar| July 2024

Global 1, 4-Butanediol Market Overview


The 1, 4-Butanediol Market Size was valued at USD 7.3 Billion in 2022 and is projected to grow from USD 7.45 Billion in 2023 to USD 14.66 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.1% during the forecast period (2024 - 2032). The growth in emerging markets coupled with increasing demand for PU will bolster the growth of the global market.     1, 4-Butanediol Market Overview      Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


1, 4-Butanediol Market Trends




  • Increasing applications of 1, 4-Butanediol in various industrial processes




  • The growing demand for spandex in textiles




The growth of the global 1,4 butanediol market is driven by the increasing usage of its derivates such as tetrahydrofuran (THF) in the production of polytetramethylether glycols (PTMEG). Later, it is processed into spandex and used as an intermediate natural gas odorant owing to its wide liquid range. Also, consumer awareness regarding the processing and utility benefits of 1,4 butanediol is increasing which has led to industry expansion. Furthermore, the key market players are expanding their production bases to developing economies in the Asia Pacific region which will help in the introduction of new technologies and drive innovation across the market. These are some of the factors that are bolstering the growth of the global 1,4 butanediol market. The environmental concerns along with the depletion of non-renewable resources such as crude oil and natural gas have led to the development of initiatives and technologies that utilize bio-based resources for production.  

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Additionally, contrary to the above drivers some restraints are limiting the growth of the 1,4 butanediol market. The volatility in raw material prices will set back the growth of the market. Also, the manufacturing cost associated with the production of 1,4 butanediol may hamper the growth of the market in near future.


1, 4-Butanediol Market Segment Insights


1, 4-Butanediol Technology Insights


The 1, 4-Butanediol Market segmentation, based on Technology, includes Reppe Process, Davy Process, Propylene Oxide Process, Butadiene Process, and Others. Davy Process is expected to dominate the market. Davy’s process technology is also known as the maleic anhydride process. It has rapidly gained popularity over the past few years due to reduced complexity, equipment requirements, and capital costs. The maleic anhydride is converted to the ester, which undergoes hydrogenolysis in a fixed bed to form a mixture of 1,4-butanediol, THF, and GBL. 


1, 4-Butanediol Application Insights


Based on Application, the 1, 4-Butanediol Market segmentation includes Gamma-Butyrolactone (GBL), Polybutylene Terephthalate (PBT), Polyurethanes (PU), Tetrahydrofuran (THF), and Others. The Tetrahydrofuran segment is dominating the global market with over 50% volume share in 2015 and is expected to maintain its prominent position. The THF is widely used in athletic and sportswear. The growing health, fitness, and sports awareness is raising segment growth. 


Figure 2: 1, 4-Butanediol Market, by Application, 2023 & 2030 (USD Billion)  1, 4-Butanediol Market, by Application      


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


1, 4-Butanediol Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific dominates in the consumption of butanediol and its end-use products on the back of huge population and markets growth in the developing countries in the region. The region is expected to witness healthy growth over the forecast period owing to the developments in the markets and increasing end-users. North America is the second largest consumer of butanediols and is expected to experience moderate growth over the forecast period due to the slow-down economic growth.


Figure 3: 1, 4-BUTANEDIOL MARKET SHARE BY REGION 2023 (%)     1, 4-BUTANEDIOL MARKET SHARE BY REGION


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe region is also expected to witness moderate growth with slightly high growths in central & eastern European regions. The Latin America market is expected to witness healthy growth over the forecast period with the improving socio-economic conditions in the region. The Middle East and Africa region accounts for less than 5% of the global butanediol consumption and the region is poised to witness moderate to high growth over the forecast period on the back of rising disposable income and a rising middle class.


1, 4-Butanediol Key Market Players & Competitive Insights


Major market players are spending a lot of money on R&D to increase their product lines, which will help the 1, 4-Butanediol market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the 1, 4-Butanediol industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.


The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for 1, 4-Butanediol. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the 1, 4-Butanediol industry must offer affordable products.


Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global 1, 4-Butanediol industry to benefit customers and expand the market sector. The Low-Profile Additives market has recently given medicine some of the most important advantages. Major 1, 4-Butanediol market players, including BASF SE, Mitsubishi Chemical Corporation, Ashland Inc, Bioamber Inc, Sipchem, LyondellBasell Industries N.V., and others, are attempting to increase market demand by funding R&D initiatives.


BASF is a company that provides petrochemicals, intermediates, performance materials, monomers, dispersions and pigments, performance chemicals, catalysts, coatings, and care chemicals. It conducts its operations through six business segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition and Care, and Agricultural Solutions. The company serves transportation, energy, and resources


Also, Mitsubishi Chemical is a company that manufactures and distributes chemical products. It offers polymers, resins, high-performance chemicals, carbon fiber and composite materials, acrylic, acetate, polyester fibers, carbon fiber reinforced plastic, coating materials, agricultural materials, etc.


Key Companies in the 1, 4-Butanediol market include



1, 4-Butanediol Industry Developments


In the year 2021, HELM and Cargill decided to construct a bio-oriented intermediate manufacture firm at Cargill’s biotechnology campus and also a corn refining process operation in Eddyville, located in Iowa. The plant might be completed and working in 2024 to reach the demands of the product in the process of supply chains.


In the year 2021, Xinjiang Guotai Xinhua Chemical Company limited company begin the Coal-type Fine Chemicals Circular Economy in Industrial Park Phase II project to generate formaldehyde and acetylene through a formaldehyde plant and dry acetylene plant and manufacture hydrogen via a methanol cracking technique.


1, 4-Butanediol Market Segmentation


1, 4-Butanediol Technology Outlook



  • Reppe Process

  • Davy Process

  • Propylene Oxide Process

  • Others


1, 4-Butanediol Application Outlook



  • Gamma-Butyrolactone (GBL)

  • Polybutylene Terephthalate (PBT)

  • Polyurethanes (PU)

  • Tetrahydrofuran (THF)


1, 4-Butanediol Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Report Attribute/Metric Details
Market Size 2022 USD ย 7.3 Billion
Market Size 2023 USD 7.45 Billion
Market Size 2030 USD 14.66 Billion
Compound Annual Growth Rate (CAGR) 8.1% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2018 & 2020
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Technology, Application, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled BASF SE, Mitsubishi Chemical Corporation, Ashland Inc, Bioamber Inc, Sipchem, LyondellBasell Industries N.V., ExxonMobil Chemicals, and others.
Key Market Opportunities Major players are shifting their production plants in emerging economies
Key Market Dynamics Increasing applications of 1, 4-Butanediol in various industrial processes ยทย  The growing demand for spandex in textiles


Frequently Asked Questions (FAQ) :

The 1, 4-Butanediol Market size was valued at USD  7.3 Billion in 2022.

The global market is projected to grow at a CAGR of 8.1% during the forecast period, 2024-2032.

Asia Pacific had the largest share of the 1, 4-Butanediol Market.

The key players in the market are Zochem (US), SILOX SA (Belgium), American Chemet Corporation (US), H. Chemicals (Canada), Rubamin (India), Grillo Zinkoxid GmbH (Germany), Pan-Continental Chemical Co., Ltd (Taiwan), Mario Pilato Blat, and SA (Spain)

Davy’s process categories dominated the market in 2023.

Tetrahydrofuran had the largest share in the global market for 1, 4-Butanediol.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.