Product Code: 978-1-68038-084-2
1, 4 Butanediol Market Growth & Trends:
The global 1, 4 butanediol market is expected to reach USD 14.66 billion by 2030, registering a CAGR of 8.1% during the forecast period, as per the new report by Grand View Research, Inc. The growth is attributable to its increasing consumption in the production of fibers, plastics, and solvents. The product is also being increasingly used for medicinal formulations, because of which several legislative actions and regulations regarding its safe usage have been initiated.
1, 4 butanediol (BDO) is widely utilized in numerous applications such as chemical & adhesives manufacturing, fiber & particle composites, plastic processing, and pharmaceuticals owing to its inherent advantageous characteristics such as hydrophobicity, chemical resistance, and excellent durability.
1, 4 butanediol produced by the reppe process, which is particularly popular in China, accounts for more than 40.0% of the global capacity of chemical manufacturing. Major industry participants including Ashland, BASF, and DuPont are utilizing this technology to produce 1, 4 butanediol and its other derivatives. In this process, acetylene is reacted with formaldehyde to form butanediol (BYD), which undergoes high-pressure hydrogenation.
The spread of the COVID-19 virus has disrupted economies around the world and has severely affected the supply chain across the chemical industry. The supply chain disruption of 1, 4 butanediol had an adverse effect on its production and consumption patterns, globally. This has resulted in a decline in market growth during the pandemic.
1, 4 Butanediol Market Report Highlights:
- Tetrahydrofuran (THF) application witnessed the fastest growth rate with a CAGR of 5.5% from 2022 to 2030. This is attributable to increasing use in the applications such as vinyl films, elastomers, printing inks, coatings, and adhesives
- Polyurethanes (PU) applications also witnessed the fastest growth rate with a CAGR of 5.5% from 2022 to 2030. The growth is driven by the increasing demand for PU in the manufacturing of foam seating, elastomeric wheels & tires, and electronic instruments
- Asia Pacific witnessed the fastest growth rate with a CAGR of 8.4% from 2022 to 2030. The growth is attributed to the presence of major market players and growing industries such as automotive and construction in the region
- Europe witnessed the second fastest growth rate with a CAGR of 8.2% from 2022 to 2030. The growth is augmented by the presence of major market players such as BASF SE, Lyondell basel, Evonik Industries AG, and others
- Volatility in prices of the raw materials has been affecting the profitability of the manufacturers, which, in turn, is expected to hinder the market growth during the upcoming years
- The spread of COVID-19 has negatively impacted the chemical industry, resulting in a decline in its market growth. Long shut-down of chemical manufacturing companies led to disruptions in the supply chain of 1, 4 butanediol
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third Party Perspective
- 1.3.5 Primary Research
- 1.3.6 Primary Sources
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Data Visualization
- 1.6 Data Validation & Publishing
- 1.7 Research Scope And Assumptions
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segmental Outlook
- 2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global 1, 4 Butanediol Market
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Industry Value Chain Analysis
- 3.3.1 Raw Material Trends
- 3.3.2 Manufacturing/Technology Trends
- 3.3.3 Sales Channel Analysis
- 3.4 Regulatory Framework
- 3.5 Price Trend Analysis, 2018 - 2030
- 3.6 Market Dynamics
- 3.6.1 Market Driver Impact Analysis
- 3.6.2 Market Restraint Impact Analysis
- 3.6.3 Industry Challenges
- 3.7 Impact Of COVID-19 On The Industry
- 3.8 Impact Of Eastern European Geopolitical Conflict On The Industry
- 3.9 Business Environment Analysis
- 3.9.1 Porter's Analysis
- 3.9.2 PESTEL Analysis
Chapter 4 1, 4 Butanediol Market: Application Estimates & Trend Analysis
- 4.1 Application Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
- 4.1.1 Tetrahydrofuran (THF)
- 4.1.1.1 1, 4 Butanediol Market Estimates And Forecasts, In Tetrahydrofuran (THF), 2018 - 2030 (Kilotons) (USD Million)
- 4.1.2 Polybutylene Terephthalate (PBT)
- 4.1.2.1 1, 4 Butanediol Market Estimates And Forecasts, In Polybutylene Terephthalate (PBT), 2018 - 2030 (Kilotons) (USD Million)
- 4.1.3 Gamma-Butyrolactone (GBL)
- 4.1.3.1 1, 4 Butanediol Market Estimates And Forecasts, In Gamma-Butyrolactone (GBL), 2018 - 2030 (Kilotons) (USD Million)
- 4.1.4 Polyurethane (PU)
- 4.1.4.1 1, 4 Butanediol Market Estimates And Forecasts, In Polyurethane (Pu), 2018 - 2030 (Kilotons) (USD Million)
- 4.1.5 Other Applications
- 4.1.5.1 1, 4 Butanediol Market Estimates And Forecasts, In Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 1, 4 Butanediol Market: Regional Estimates & Trend Analysis
- 5.1 Regional Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
- 5.1.1 North America
- 5.1.1.1 North America 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1.2 North America 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1.3 U.S.
- 5.1.1.3.1 U.S. 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1.3.2 U.S. 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1.4 Canada
- 5.1.1.4.1 Canada 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1.4.2 Canada 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1.5 Mexico
- 5.1.1.5.1 Mexico 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.1.5.2 Mexico 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2 Europe
- 5.1.2.1 Europe 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.2 Europe 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.3 Germany
- 5.1.2.3.1 Germany 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.3.2 Germany 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.4 U.K.
- 5.1.2.4.1 U.K. 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.4.2 U.K. 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.5 France
- 5.1.2.5.1 France 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.5.2 France 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.6 Italy
- 5.1.2.6.1 Italy 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.6.2 Italy 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.7 Ireland
- 5.1.2.7.1 Ireland 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.7.2 Ireland 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.8 Turkey
- 5.1.2.8.1 Turkey 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.2.8.2 Turkey 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3 Asia Pacific
- 5.1.3.1 Asia Pacific 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.2 Asia Pacific 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.3 China
- 5.1.3.3.1 China 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.3.2 China 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.4 India
- 5.1.3.4.1 India 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.4.2 India 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.5 Japan
- 5.1.3.5.1 Japan 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.5.2 Japan 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.6 Indonesia
- 5.1.3.6.1 Indonesia 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.6.2 Indonesia 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.7 Philippines
- 5.1.3.7.1 Philippines 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.7.2 Philippines 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.8 South Korea
- 5.1.3.8.1 South Korea 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.8.2 South Korea 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.9 Thailand
- 5.1.3.9.1 Thailand 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.3.9.2 Thailand 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4 Central & South America
- 5.1.4.1 Central & South America 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4.2 Central & South America 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4.3 Brazil
- 5.1.4.3.1 Brazil 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4.3.2 Brazil 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4.4 Argentina
- 5.1.4.4.1 Argentina 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4.4.2 Argentina 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4.5 Chile
- 5.1.4.5.1 Chile 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.4.5.2 Chile 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5 Middle East & Africa
- 5.1.5.1 Middle East & Africa 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.2 Middle East & Africa 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.3 Saudi Arabia
- 5.1.5.3.1 Saudi Arabia 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.3.2 Saudi Arabia 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.4 Iran
- 5.1.5.4.1 Iran 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.4.2 Iran 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.5 South Africa
- 5.1.5.5.1 South Africa 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.5.2 South Africa 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.6 Nigeria
- 5.1.5.6.1 Nigeria 1, 4 Butanediol Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 5.1.5.6.2 Nigeria 1, 4 Butanediol Market Estimates And Forecasts, By Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 1, 4 Butanediol Market - Competitive Landscape
- 6.1 Recent Developments & Impact Analysis, By Key Market Participants
- 6.2 Company/Competition Categorization (Key Innovators, Market Leaders, And Emerging Players)
- 6.3 Vendor Landscape
- 6.3.1 List Of Raw Material Suppliers
- 6.3.2 List Of Manufacturers
- 6.3.3 List Of Key Distributors And Channel Partners
- 6.3.4 List Of Potential End-users
- 6.4 Key Company Market Positioning Analysis, 2021
- 6.5 Strategic Framework
Chapter 7 Company Profiles
- 7.1 Bioamber Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Performance
- 7.1.3 Product Benchmarking
- 7.1.4 Strategic Initiatives
- 7.2 BASF SE
- 7.2.1 Company Overview
- 7.2.2 Financial Performance
- 7.2.3 Product Benchmarking
- 7.2.4 Strategic Initiatives
- 7.3 Ashland Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Performance
- 7.3.3 Product Benchmarking
- 7.3.4 Strategic Initiatives
- 7.4 ExxonMobil Chemicals
- 7.4.1 Company Overview
- 7.4.2 Financial Performance
- 7.4.3 Product Benchmarking
- 7.4.4 Strategic Initiatives
- 7.5 China Petroleum & Chemical Corporation
- 7.5.1 Company Overview
- 7.5.2 Financial Performance
- 7.5.3 Product Benchmarking
- 7.5.4 Strategic Initiatives
- 7.6 International Specialty Products
- 7.6.1 Company Overview
- 7.6.2 Financial Performance
- 7.6.3 Product Benchmarking
- 7.6.4 Strategic Initiatives
- 7.7 Mitsubishi Chemical Corporation
- 7.7.1 Company Overview
- 7.7.2 Financial Performance
- 7.7.3 Product Benchmarking
- 7.7.4 Strategic Initiatives
- 7.8 Evonik Industries AG
- 7.8.1 Company Overview
- 7.8.2 Financial Performance
- 7.8.3 Product Benchmarking
- 7.8.4 Strategic Initiatives
- 7.9 Invista
- 7.9.1 Company Overview
- 7.9.2 Financial Performance
- 7.9.3 Product Benchmarking
- 7.9.4 Strategic Initiatives
- 7.10 SK Global Chemical Co. Ltd.
- 7.10.1 Company Overview
- 7.10.2 Financial Performance
- 7.10.3 Product Benchmarking
- 7.10.4 Strategic Initiatives
- 7.11 Toray Industries Inc.
- 7.11.1 Company Overview
- 7.11.2 Financial Performance
- 7.11.3 Product Benchmarking
- 7.11.4 Strategic Initiatives
- 7.12 Dairen Chemical Corporation
- 7.12.1 Company Overview
- 7.12.2 Financial Performance
- 7.12.3 Product Benchmarking
- 7.12.4 Strategic Initiatives
- 7.13 Lyondellbasell Industries
- 7.13.1 Company Overview
- 7.13.2 Financial Performance
- 7.13.3 Product Benchmarking
- 7.13.4 Strategic Initiatives
- 7.14 Myriant Corporation
- 7.14.1 Company Overview
- 7.14.2 Financial Performance
- 7.14.3 Product Benchmarking
- 7.14.4 Strategic Initiatives
- 7.15 The Dow Chemical Company
- 7.15.1 Company Overview
- 7.15.2 Financial Performance
- 7.15.3 Product Benchmarking
- 7.15.4 Strategic Initiatives
- 7.16 Sipchem
- 7.16.1 Company Overview
- 7.16.2 Financial Performance
- 7.16.3 Product Benchmarking
- 7.16.4 Strategic Initiatives
- 7.17 Genomatica
- 7.17.1 Company Overview
- 7.17.2 Financial Performance
- 7.17.3 Product Benchmarking
- 7.17.4 Strategic Initiatives
- 7.18 Shanghai Petrochemical
- 7.18.1 Company Overview
- 7.18.2 Financial Performance
- 7.18.3 Product Benchmarking
- 7.18.4 Strategic Initiatives