1, 4-butanediol (BDO) is an important organic chemicals and fine chemicals, can generate a variety of derivatives such as THF, PTMEG, GBL and so on.2,3-Butanediol is a chemical compound with the molecular formula C4H10O2. It has three stereoisomers, all of which are colorless, viscous liquids.
In application, 1,4 Butanediol downstream is wide and recently 1,4 Butanediol has acquired increasing significance in various fields of THF, PBT, GBL, PU and others. Globally, the 1,4 Butanediol market is mainly driven by growing demand for THF which accounts for 52.38% global downstream consumption of 1,4 Butanediol in 2017.
However, at present, 2,3 Butanediol has not appeared in large-scale commercial production, and only a small amount of by-products of bio-based polyols appear on the market. The excessive cost is the main factor limiting the commercial production of this product.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, 1,4 Butanediol and 2,3 Butanediol production will show a trend of steady growth. In 2030 the production is estimated to be 4203.6 K MT.

The report offers detailed coverage of 1,4 Butanediol and 2,3 Butanediol industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading 1,4 Butanediol and 2,3 Butanediol by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global 1,4 Butanediol and 2,3 Butanediol market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global 1,4 Butanediol and 2,3 Butanediol market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Dairen Chemical
Lyondellbasell
Ashland
Nanya Plastics Corporation
Mitsubishi Chemical Corporation
INVISTA
MarkorChem
Xinjiang Tianye
Changcheng Energy
Shanxi Sanwei Group
Shanxi BidiOu
Sichuan Tianhua
Henan Kaixiang Fine Chemical
HNEC
TunHe

At the same time, we classify 1,4 Butanediol and 2,3 Butanediol according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
1,4 Butanediol
2,3 Butanediol
Market by Application
PBT
GBL
THF
PU
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the 1,4 Butanediol and 2,3 Butanediol market for the forecast period 2023 - 2030?
• What are the driving forces in the 1,4 Butanediol and 2,3 Butanediol market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the 1,4 Butanediol and 2,3 Butanediol industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Research Methodology

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Market Research Update provide consistency in our research report, also we provide on the part of the analysis of forecast across a gamut of coverage geographies and coverage. The research teams carry out primary and secondary research to implement and design the data collection procedure. The research team then analyzes data about the latest trends and major issues in reference to each industry and country. This helps to determine the anticipated market-related procedures in the future. The company offers technology-driven solutions and its full incorporation in the research method to be skilled at each step.

The Company's Research Process Has the Following Advantages:

1. Information Procurement

The step comprises the procurement of market-related information or data via different methodologies & sources.

2. Information Investigation

This step comprises the mapping and investigation of all the information procured from the earlier step. It also includes the analysis of data differences observed across numerous data sources.

3. Highly Authentic Source

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4. Market Formulation

This step entails the placement of data points at suitable market spaces in an effort to assume possible conclusions. Analyst viewpoint and subject matter specialist based examining the form of market sizing also plays an essential role in this step.

5. Validation & Publishing of Information

Validation is a significant step in the procedure. Validation via an intricately designed procedure assists us to conclude data-points to be used for final calculations.