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]:
By Region:[$M shipment analysis for 2013 – 2024]:
Germany
Spain
France
United Kingdom
Russia
China
Japan
India
South Korea
Thailand
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.
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