The 1, 4 butanediol market is expected to reach USD 10.76 billion by 2030, which is USD 7.23 billion in 2022, registering a CAGR of 5.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand. 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 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 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.



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What is 1,4 Butanediol?

The 1,4 Butanediol is an organic compound with the formula HOCH2CH2CH2CH2OH. It is also known as BD or BDO. The 1,4 butanediol is a colorless viscous liquid and is a stable isomer of butanediol. It is used as a solvent in the industry for the manufacturing of some types of liquid, elastic fibers, and polyurethanes. The 1,4 Butanediol can also be used for the synthesis of γ-butyrolactone (GBL). Additionally, in the presence of phosphoric acid and high temperature, it is derived into important solvent tetrahydrofuran. There have been instances where it was used as a recreational drug. This recreation drug is known to be “One Comma Four”, “Liquid Fantasy”, “One Four Bee” or “One Four B-D-O” by some of the users.

 

Derivative

  • Tetrahydrofuran (THF)
  • Polybutylene Terephthalate (PBT)
  • Gamma-Butyrolactone (GBL)
  • Polyurethane (PU)
  • Other Derivatives

 End-User Industry

  • Automotive
  • Healthcare and Pharmaceutical
  • Textile
  • Electrical and Electronics
  • Other End-user Industries

Technology

  • Reppe Process
  • Davy Process
  • Butadiene Process
  • Propylene Oxide Process
  • Others

Type

  • Synthetic
  • Bio-Based

Highlight of Table of Content:

  • Chapter 1: Market overview
  • Chapter 2: Global 1, 4 Butanediol Market analysis
  • Chapter 3: Regional analysis of the 1, 4 Butanediol Market
  • Chapter 4: Market segmentation based on types and applications
  • Chapter 5: Revenue analysis based on types and applications
  • Chapter 6: Market share
  • Chapter 7: Competitive Landscape
  • Chapter 8: Drivers, Restraints, Challenges, and Opportunities
  • Chapter 9: Gross Margin and Price Analysis

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Some of the major players operating in the 1, 4 butanediol market are:

  • Dow (U.S.)
  • LyondellBasell Industries N.V. (Netherlands)
  • BASF SE (Germany)
  • ADM (U.S.)
  • Global Bio-chem Technology Group Company Limited (China)
  • DuPont (U.S.)
  • Tate & Lyle Bio Products (U.S.)
  • SKC (South Korea)
  • Temix Oleo (Italy)
  • INEOS Oxide (Switzerland)
  • Huntsman International L.l.C (U.S.)
  • ADEKA CORPORATION (Japan)
  • Chaoyang Chemicals, Inc. (U.S.)
  • Manali Petrochemicals Limited (India)
  • Haike Chemical Group Co., Ltd. (China)
  • Arch Chemicals Inc, (U.S.)
  • Repsol (Spain)
  • Midland Company (U.S.)
  • Helm AG (Germany)

 

Profound Questions Answered in this Report:

  • What is the growth rate of various stages in the value chain of the industry?
  • Which region has the highest growth rate and size of the emerging market by value in 2021?
  • Who are the competitive players in1, 4 Butanediol Market?
  • Which region has the largest share and degree of competition in the industry?
  • What is the CAGR of the market during the forecast period 2022 to 2029?
  • Which region is expected to hold the highest market share for the market?
  • What is the main driver of the1, 4 Butanediol Market?
  • What is sales volume, revenue, and price analysis of top players of the market?
  • What are the market opportunities and threats faced by the vendors in the industry?
  • What has been the impact of COVID-19 on1, 4 Butanediol Market?

 

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