The 1, 4 butanediol market is expected to witness market growth at a rate of 4.69% in the forecast period of 2022 to 2029. Data Bridge Market Research report on 1, 4 butanediol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of 1, 4 butanediol market.1, 4 butanediol product suppliers have also integrated backward to begin production of the raw materials themselves. This strategy significantly lowers logistics costs and procurement hassles for these companies in the long run. Consumers are increasingly becoming more aware regarding product benefits and technologies, which has been influencing suppliers to maintain quality supplies throughout the production process.

Increasing focus on green chemistry across the globe has encouraged major market participants such as BioAmber, Genomatica, and Myriant to develop alternative, bio-based processing technologies, which is likely to drive the 1, 4 BDO growth during the forecast period. The market is also expected to benefit from increasing investments in sustainable technologies that are likely to boost existing processes and improve overall efficiency.

Davy process technology is also known as the Maleic anhydride-based process. It has rapidly gained popularity during the past few years, owing to reduced complexity, equipment requirement, and capital cost. Maleic anhydride is converted into ester, which undergoes fixed-bed hydrogenolysis to make a mixture of 1, 4 butanediol, THF, and GBL. BASF has integrated the Davy process with Huntsman Mars V/VI, in Kuantan, Malaysia, in order to reduce production, cost and penetrate into the highly profitable Asia Pacific market.

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The 1, 4 butanediol market is segmented on the basis of technology, application and end-use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

  • On the basis of application, the 1, 4 butanediol market is segmented into reppe process, davy process, butadiene process, propylene oxide process and others.
  • On the basis of application, the 1, 4 butanediol market is segmented into tetrahydrofuran (THF), poly butylene terephthalate (PBT), gamma-butyrolactone (GBL), polyurethane and others.
  • On the basis of end-user industry, the 1, 4 butanediol market is segmented into automotive, pharmaceutical, leather, electrical and electronics, agricultural chemicals and others.

Highlight of Table of Content:

  • Chapter 1: Market overview
  • Chapter 2: 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 report are BASF SE, Exxon Mobil Corporation, Specialty Products Inc., Mitsubishi Chemical Corporation., Dow, China Petroleum & Chemical Corporation, Royal Dutch Shell Plc, Eni S.p.A., Evonik Industries AG, Ineos Group AG, LANXESS, LG Chem, LyondellBasell Industries Holdings B.V., Nizhnekamskneftekhim., JSR Corporation, Repsol, SABIC, TPC Group, Formosa Plastics Corporation, U.S.A., ZEON Corporation., Shanghai Petrochemical, Borealis AG., Versalis S.p.A., SK Global Chemical Co. Ltd, and Shanxi Sanwei Group Co. Ltd., among others.

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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