1,4 Butanediol and 2,3 Butanediol Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
35505 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : RI
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 Global 1,4 Butanediol and 2,3 Butanediol Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global 1,4 Butanediol and 2,3 Butanediol Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following 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
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
1,4 Butanediol
2,3 Butanediol In Market segmentation by applications :
PBT
GBL
THF
PU
Other
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? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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