1,4-Butanediol Market Research Report- Forecast to 2027

1, 4-Butanediol Market Information- by Applications (PBT (PolyButylene Terephthalate), THF (Tetrahydrofuran), GBL (Gamma butyrolactone), Polyurethane and others) and Region - Forecast to 2027

ID: MRFR/CnM/1711-HCR | February 2021 | Region: Global | 105 pages

1, 4-Butanediol Market Overview


1, 4-Butanediol is growing at a CAGR of 8.18% during forecasted period (2016-2027).  

Increasing applications of 1, 4-Butanediol in various industrial processes along with the growing demand for spandex in textiles have been responsible for driving growth in recent years. Tetrahydrofuran (THF), one of the major application of 1, 4-Butanediol, is widely utilized in various applications such as in the production of polytetramethylether glycols (PTMEG). This is further processed to derive spandex, and as an intermediate in manufacturing natural gas odorants owing to its wide liquid range. Additionally, growing awareness regarding the processing benefits of these, and other BDO applications, are responsible for industry expansion. Major players are shifting their production plant in emerging economies in Asia-Pacific, and introducing new technologies, which is anticipated to drive innovation in the near future. On the other hand, increasing environmental concerns and reduction of non-renewable resources such as crude oil and natural gas have stimulated the development of several innovative, sustainable technologies that utilize bio-based, renewable resources for production. The transference towards sustainable products is also responsible for driving bio-based 1, 4-Butanediol production and consumption.

Regional Analysis of Global 1, 4-Butanediol Market: 

 

Globally, Asia Pacific emerged as the largest 1, 4-Butanediol consumer in recent years, with highest volume share in 2016. Major key players of the market of developed countries are focusing on various strategies they are utilizing  low cost labor & resources in emerging economies such as India, Vietnam, Malaysia, Thailand and Indonesia. The region is expected to grow at the highest CAGR from 2016 to 2025. Central & South America is anticipated to remain a fast-growing market.  North America and Europe will have sluggish growth rate, owing to end-use industry major economies such as the U.S. and Canada

 

Key Players 

 

The key players in market includes BASF SE, Mitsubishi Chemical Corporation, Ashland Inc, Bioamber Inc, Sipchem, LyondellBasell Industries N.V, ExxonMobil Chemicals, and others.

 

Geographic Analysis

The report covers brief analysis of geographical region includes

North America



  • US

  • Canada



Europe



  • Germany

  • France

  • Italy

  • Netherlands

  • U.K.

  • Rest of Europe



APAC



  • China

  • India

  • Japan

  • Rest of Asia-Pacific



RoW



  • South America

  • Middle East

  • Africa



Study Objectives of  Global 1,4 butanediol  Market:



  • To study detail of global 1, 4-Butanediol market by application and by region in forecasted period 2022.

  • To identify the market dynamics of global 1, 4-Butanediol market dynamics by drivers, restrains, opportunities and challenges.

  • To analyze various factors like value chain analysis and porters five forces model.

  • To provide historical and forecast revenue of market segment with respect to North America, Europe, APAC and RoW.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track mergers and acquisitions, strategic alliances, new product development of specified company.



Intended Audience:



  • Manufacturers and distributors of 1, 4-Butanediol.



  • Suppliers and traders of 1, 4-Butanediol.



  • Government, associations and industrial bodies.



  • Investors and Trade experts.



  • Consulting in chemical experts




Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant value
  CAGR   8.18% (2016–2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Applications and By Region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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 plant in emerging economies
  Key Market Drivers

  • Increasing applications of 1, 4-Butanediol in various industrial processes
  • The growing demand for spandex in textiles\r\n


  • Frequently Asked Questions (FAQ) :


    1,4-Butadeniol market CAGR would be 8.18% during the forecast period.

    The growing demand for it in textiles will boost 4-Butadeniol market.

    The Asia Pacific region will lead the global 1,4-Butadeniol market.

    The players in the 1,4-Butadeniol market are Ashland Inc, Bioamber Inc, Sipchem, BASF SE, Mitsubishi Chemical Corporation, ExxonMobil Chemicals, LyondellBasell Industries N.V, and others.

    The growing demand for sustainable products would boost 1.4-Butadeniol market.

    1 Executive Summary

    2 Scope of The Report

    2.1 Market Definition

    2.2 Scope of The Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure


    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global 1,4 butanediol Market

    5 Industry Overview of Global 1,4 butanediol Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    5.5 Impact analysis

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global 1, 4 butanediol Market by Region

    8. Global 1, 4 butanediol Market by Application (packaging materials, medical devices, consumer goods, wires & cables, building & construction & others)

    9. Company Profiles

    9.1 BASF SE

    9.1.1 Overview

    9.1.2 Financials

    9.1.3 Product Portfolio

    9.1.4 Business Strategies

    9.1.5 Recent Development

    9.2 Mitsubishi Chemical Corporation

    9.2.1 Overview

    9.2.2 Financials

    9.2.3 Product Portfolio

    9.2.4 Business Strategies

    9.2.5 Recent Development

    9.3 Ashland Inc

    9.3.1 Overview

    9.3.2 Financials

    9.3.3 Product Portfolio

    9.3.4 Business Strategies

    9.3.5 Recent Development

    9.4 Bioamber Inc

    9.4.1 Overview

    9.4.2 Financials

    9.4.3 Product Portfolio

    9.4.4 Business Strategies

    9.4.5 Recent Development

    9.5 Sipchem

    9.5.1 Overview

    9.5.2 Financials

    9.5.3 Product Portfolio

    9.5.4 Business Strategies

    9.5.5 Recent Development

    9.6 LyondellBasell Industries N.V

    9.6.1 Overview

    9.6.2 Financials

    9.6.3 Product Portfolio

    9.6.4 Business Strategies

    9.6.5 Recent Development

    9.7 ExxonMobil Chemicals

    9.7.1 Overview

    9.7.2 Financials

    9.7.3 Product Portfolio

    9.7.4 Business Strategies

    9.7.5 Recent Development

    9.8 The Dow Chemical Company

    9.8.1 Overview

    9.8.2 Financials

    9.8.3 Product Portfolio

    9.8.4 Business Strategies

    9.8.5 Recent Development

    9.9 International Specialty Products

    9.9.1 Overview

    9.9.2 Financials

    9.9.3 Product Portfolio

    9.9.4 Business Strategies

    9.9.5 Recent Development

    9.10 Chemtura Corporation

    9.10.1 Overview

    9.10.2 Financials

    9.10.3 Product Portfolio

    9.10.4 Recent Development


    10 Conclusion

    LIST OF TABLES

    Table 1 World Population by Major Regions (2020 To 2030) (Million)

    Table 2 Global 1,4 butanediol Market: By Region, 2020-2027 (USD Million)

    Table 3 North America 1,4 butanediol Market: By Country, 2020-2027 (USD Million)

    Table 4 Europe 1,4 butanediol Market: By Country, 2020-2027 (USD Million)

    Table 5 Asia-Pacific 1,4 butanediol Market: By Country, 2020-2027 (USD Million)

    Table 6 RoW 1,4 butanediol Market: By Country, 2020-2027 (USD Million)

    Table 7 North America 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 8 Europe 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 9 Asia-Pacific 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 10 RoW 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 11 Global 1,4 butanediol for Application Market: By Region, 2020-2027 (USD Million)

    Table 12 North America 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 13 Europe 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 14 Asia-Pacific 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 15 RoW 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 16 RoW 1,4 butanediol for Application Market: By Country, 2020-2027 (USD Million)

    Table 17 Global Application Market: By Region, 2020-2027 (USD Million)

    Table 18 North America 1,4 butanediol Market, By Country (USD Million)

    Table 19 North America 1,4 butanediol Market, By Application (Million USD)

    Table 20 Europe: 1,4 butanediol Market, By Country (USD Million)

    Table 21 Europe: 1,4 butanediol Market, By Application (USD Million)

    Table 22 Asia-Pacific: 1,4 butanediol Market, By Country (USD Million)

    Table 23 Asia-Pacific: 1,4 butanediol Market, By Application (USD Million)

    Table 24 RoW: 1,4 butanediol Market, By Country (USD Million)

    Table 25 RoW: 1,4 butanediol Market, By Application (USD Million)


    LIST OF FIGURES

    FIGURE 1 Global 1,4 butanediol market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global 1,4 butanediol Market

    FIGURE 4 Value Chain of Global 1,4 butanediol Market

    FIGURE 5 Share of Global 1,4 butanediol Market in 2020, by country (in %)

    FIGURE 6 Global 1,4 butanediol Market, 2020-2027, (USD billion)

    FIGURE 7 Sub-segments of Applications

    FIGURE 8 Global 1,4 butanediol Market size by Application, 2020

    FIGURE 9 Share of Global 1,4 butanediol Market by Application, 2020 to 2027