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1,4 Butanediol Market: By Type (Reppe Process, Davy Process, Butadiene Process, Propylene Oxide Process and Others); By Application (THF, PBT, GBL, PU, and others), And Region – Global Analysis of Market Size, Share & Trends For 2020-2021 And Forecasts To 2031

September 2023 | 355 pages | ID: 18EA4C88C129EN
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1,4 Butanediol Market: By Type (Reppe Process, Davy Process, Butadiene Process, Propylene Oxide Process and Others); By Application (THF, PBT, GBL, PU, and others), And Region – Global Analysis of Market Size, Share & Trends For 2020-2021 And Forecasts T%li%2031

PRODUCT OVERVIEW

1,4 Butanediol Market t%li%surpass USD 17.16 billion by 2031 from USD 4.13 billion in 2021 at a CAGR of 7.4% in the coming years, i.e., 2021-31

1,4 Butanediol, abbreviated BDO, is an organic compound that is primarily used as a solvent in industrial cleaners and glue removers such as tetrahydrofuran (THF). BDO is a dibasic alcohol with a saturated carbon-4 straight chain. 1, 4, Butanediol is a colorless, oily, viscous liquid that dissolves readily in water and other chemicals. As a result, it is used in the production of many other organic chemicals, such as tetrahydrofuran (THF), which is then used in the production of other chemicals that serve as an intermediate for the production of spandex fibres and elastomers, as well as the production of PBT resins. These chemicals are widely used in fibres, engineering plastics, medicines, cosmetics, synthetic leather, pesticides, plasticizers, hardeners, solvents, and rust removers, among other things.

MARKET HIGHLIGHTS

Global 1,4 Butanediol Markett%li%surpass USD 17.16 billion by 2031 from USD 4.13 billion in 2021 at a CAGR of 7.4% in the coming years, i.e., 2021-31. The global 1,4 butanediol market is expanding due t%li%increased demand from the THF industry. Furthermore, the expansion of emerging markets, combined with rising demand for PU, will drive the global market forward. In addition, increased awareness of the processing and utility benefits of this compound and other BDO derivatives, as well as high demand from the THF industry, all have an impact on the market.Furthermore, the development of BDO using coal-to-chemical technology, as well as the production of bio-based BDO, provides profitable opportunities t%li%market participants during the forecast period.

1,4 Butanediol Market Segments:
  • By Type
  • Reppe Process
  • Davy Process
  • Butadiene Process
  • Propylene Oxide Process
  • Others
  • By Application
  • THF
  • PBT
  • GBL
  • PU
  • Others
MARKET DYNAMICS

Growth Drivers

Rising demand for PBT and emphasis on eco-friendly products

Increase in awareness and research and development

Restraint

Volatility of raw materials and high manufacturing costs

Key Players
  • BASF
  • Dairen Chemical
  • Lyondellbasell
  • Ashland
  • Nanya Plastics Corporation
  • Mitsubishi Chemical Corporation
  • INVISTA
  • MarkorChem
  • Xinjiang Tianye
  • Other Prominent Players
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons t%li%Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
      • Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
    • The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
    • Provides insight int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1 EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2. Business Trends
1.3. Global 1,4 Butanediol Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2 RESEARCH METHODOLOGY

2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
  2.5.1. Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3 MARKET CHARACTERISTICS

3.1. Market Definition
3.2. Global 1,4 Butanediol Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data

4 GLOBAL 1,4 BUTANEDIOL MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5 MACROECONOMIC INDICATORS


6 RECENT DEVELOPMENTS


7 MARKET DYNAMICS

7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends

8 RISK ANALYSIS


9 MARKET ANALYSIS

9.1. Porters Five Forces
9.2. PEST Analysis
  9.2.1. Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10 GLOBAL 1,4 BUTANEDIOL MARKET

10.1. Overview
10.2. Historical Analysis (2016-2020)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11 GLOBAL 1,4 BUTANEDIOL MARKET SIZE & FORECAST 2021A-2031F

11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
  11.3.1. By System
    11.3.1.1. Reppe process
      11.3.1.1.1. By Value (USD Million) 2021-2031F
      11.3.1.1.2. Market Share (%) 2021-2031F
      11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
    11.3.1.2. Davy process
      11.3.1.2.1. By Value (USD Million) 2021-2031F
      11.3.1.2.2. Market Share (%) 2021-2031F
      11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
    11.3.1.3. Butadiene process
      11.3.1.3.1. By Value (USD Million) 2021-2031F
      11.3.1.3.2. Market Share (%) 2021-2031F
      11.3.1.3.3. Y-o-Y Growth (%) 2021-2031F
    11.3.1.4. Propylene oxide process
      11.3.1.4.1. By Value (USD Million) 2021-2031F
      11.3.1.4.2. Market Share (%) 2021-2031F
      11.3.1.4.3. Y-o-Y Growth (%) 2021-2031F
    11.3.1.5. Others
      11.3.1.5.1. By Value (USD Million) 2021-2031F
      11.3.1.5.2. Market Share (%) 2021-2031F
      11.3.1.5.3. Y-o-Y Growth (%) 2021-2031F
  11.3.2. By Application
    11.3.2.1. THF
      11.3.2.1.1. By Value (USD Million) 2021-2031F
      11.3.2.1.2. Market Share (%) 2021-2031F
      11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
    11.3.2.2. PBT
      11.3.2.2.1. By Value (USD Million) 2021-2031F
      11.3.2.2.2. Market Share (%) 2021-2031F
      11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
    11.3.2.3. GBL
      11.3.2.3.1. By Value (USD Million) 2021-2031F
      11.3.2.3.2. Market Share (%) 2021-2031F
      11.3.2.3.3. Y-o-Y Growth (%) 2021-2031F
    11.3.2.4. PU
      11.3.2.4.1. By Value (USD Million) 2021-2031F
      11.3.2.4.2. Market Share (%) 2021-2031F
      11.3.2.4.3. Y-o-Y Growth (%) 2021-2031F
    11.3.2.5. Others
      11.3.2.5.1. By Value (USD Million) 2021-2031F
      11.3.2.5.2. Market Share (%) 2021-2031F
      11.3.2.5.3. Y-o-Y Growth (%) 2021-2031F

12 NORTH AMERICA 1,4 BUTANEDIOL MARKET SIZE & FORECAST 2021A-2031F

12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1. By Type
  12.3.2. By Application
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13 EUROPE 1,4 BUTANEDIOL MARKET SIZE & FORECAST 2021A-2031F

13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1. By Type
  13.3.2. By Application
13.4. Country
  13.4.1. Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14 ASIA 1,4 BUTANEDIOL MARKET SIZE & FORECAST 2021A-2031F

14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
  14.3.1. By Type
  14.3.2. By Application
14.4. Country
  14.4.1. India
  14.4.2. China
  14.4.3. South Korea
  14.4.4. Japan
  14.4.5. Rest of APAC

15 MIDDLE EAST AND AFRICA 1,4 BUTANEDIOL MARKET SIZE & FORECAST 2021A-2031F

15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1. By Type
  15.3.2. By Application
15.4. Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4. South Africa
  15.4.5. Rest of Middle East and Africa

16 LATIN AMERICA 1,4 BUTANEDIOL MARKET SIZE & FORECAST 2021A-2031F

16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1. By Type
  16.3.2. By Application
16.4. Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17 COMPETITIVE LANDSCAPE

17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders

18 COMPANY PROFILES

18.1. BASF
  18.1.1. Company Overview
  18.1.2. Financial Overview
  18.1.3. Key Product; Analysis
  18.1.4. Company Assessment
    18.1.4.1. Product Portfolio
    18.1.4.2. Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2. Dairen Chemical
18.3. Lyondellbasell
18.4. Ashland
18.5. Nanya Plastics Corporation
18.6. Mitsubishi Chemical Corporation
18.7. INVISTA
18.8. MarkorChem
18.9. Xinjiang Tianye
18.10. Other Prominent Players

19 APPENDIX


20 CONSULTANT RECOMMENDATION



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