The global 1,4 butanediol market is expected to grow at a CAGR of 8% from 2019 to 2024


   January 3, 2022
According to a market report by Lucintel, the future of the 1,4 butanediol  market looks promising with opportunities in the THF, PBT, GBL, and PU applications. The global 1,4 butanediol market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are the growing demand from THF industry, increasing demand for PBT, and emerging markets, which will drive the demand for PU, and growth in emerging markets.

Within the 1,4 Butanediol market, THF, PBT, GBL, and PU are the major applications . THF (tetrahydrofuran) is the largest application market segment for1,4 butanediol.

Reppe process, davy process, butadiene process, and propylene oxide process are the major technology segments of the global 1,4 butanediol  market.

Asia-Pacific will remain the largest market over the forecast period due to the rapidly expanding industries and a wide consumer pool with growing income levels.

SK Global Chemical Co. Ltd., BASF SE, Mitsui & Co. Ltd., Mitsubishi Chemical Corporation, Nan Ya Plastics Corporation, Ashland Inc., Bioamber Inc., Chemtura Corporation, Chongqing Jian Feng Chemical Industry Co. Ltd , Dairen Chemical Corporation, Genomatica Inc., Invista S.A.R.L, Saudi International Petrochemical Company (SIPCHEM), and Shanxi Sanwei Group Co. Ltd are among the major manufacturers of 1,4 butanediol

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global 1,4 butanediol  market by application, technology, and region. Lucintel has prepared a comprehensive research report titled "Global 1,4 Butanediol Market  2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global 1,4 butanediol  market by application, technology, and region as follows:

By Technology:[$M shipment analysis for 2013 – 2024]:



  • Reppe process


  • Davy process


  • Butadiene process


  • Propylene oxide process


  • Others


By Application:[$M shipment analysis for 2013 – 2024]:



  • THF


  • PBT


  • GBL


  • PU


  • Others


By Region:[$M shipment analysis for 2013 – 2024]:



  • North America




  • US


  • Canada


  • Mexico




  • Europe




  • Germany


  • Spain


  • France


  • United Kingdom


  • Russia




  • Asia Pacific




  • China


  • Japan


  • India


  • South Korea


  • Thailand




  • The Rest of the World


 

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link……   helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.



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