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    US Butanediol Market

    ID: MRFR/CnM/11252-CR
    100 Pages
    Garvit Vyas
    December 2023

    US 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) – Market Forecast Till 2035.

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    US Butanediol Market Infographic
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    US Butanediol Market Summary

    The US Butanediol market is projected to grow from 3500 USD Million in 2024 to 5200 USD Million by 2035.

    Key Market Trends & Highlights

    US Butanediol Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate of 3.66 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5200 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 3500 USD Million, reflecting a solid foundation for future expansion.
    • Growing adoption of sustainable practices due to environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 3500 (USD Million)
    2035 Market Size 5200 (USD Million)
    CAGR (2025 - 2035) 3.66%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Butanediol Market market include

    Report Scope

    Report Attribute/Metric Details
    Market Size 2022 USD 16,063.5 million
    Market Size 2023 USD 16,852.2 million
    Market Size 2030 USD 25,356.9 million
    Compound Annual Growth Rate (CAGR) 5.87 % (2023-2030)
    Base Year 2022
    Forecast Period 2023-2030
    Historical Data 2019 & 2021
    Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Application, End-use Industry and Region
    Geographies Covered North America, Europe, Asia Pacific, Middle East & Africa and South America
    Countries Covered The U.S, Canada, Mexico, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Saudi Arabia, UAE, Argentina,
    Key Companies Profiled Lyondellbasell Industries (Netherlands), Shell plc (United Kingdom), BASF SE (Germany), Evonik Industries (Germany), Dow Chemical Company (United States), Huntsman Corporation (United States), Repsol S.A. (Spain), Asahi Glass Co. Ltd. (Japan), Sumitomo Chemical Company (United Kingdom), INEOS Group (Japan), and Balchem Corporation (United States)
    Key Market Opportunities ·       Increasing demand in construction industry.
    Key Market Drivers ·       Emerging applications in healthcare industry.

    FAQs

    What is the projected market size of the US Butanediol Market in 2024?

    The US Butanediol Market is projected to be valued at 1.75 billion USD in 2024.

    What will be the expected market size of the US Butanediol Market by 2035?

    By 2035, the US Butanediol Market is expected to reach a valuation of 4.05 billion USD.

    What is the expected CAGR for the US Butanediol Market from 2025 to 2035?

    The anticipated CAGR for the US Butanediol Market from 2025 to 2035 is 7.927 percent.

    Which technology segment holds the largest market share in 2024?

    In 2024, the Reppe Process technology segment is expected to hold the largest market share valued at 0.73 billion USD.

    How much is the Davy Process segment valued at in 2024?

    The Davy Process segment of the US Butanediol Market is valued at 0.52 billion USD in 2024.

    Who are the major players in the US Butanediol Market?

    Key players in the US Butanediol Market include Dow, BASF, and Mitsubishi Chemical among others.

    What is the projected value for the Propylene Oxide Process segment by 2035?

    The Propylene Oxide Process segment is expected to be valued at 0.81 billion USD by 2035.

    What challenges might affect the growth of the US Butanediol Market?

    Challenges that may impact the US Butanediol Market include fluctuations in raw material prices and regulatory changes.

    What are some key applications driving the demand for Butanediol?

    Key applications driving the demand for Butanediol include its use in plastics, solvents, and as a chemical intermediate.

    What is the expected market size for the Others segment in 2035?

    By 2035, the Others segment of the US Butanediol Market is anticipated to be valued at 0.38 billion USD.

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    Chemicals and Materials