Press release
1,4 Butanediol (BDO) Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
Tetrahydrofuran and gamma-butyrolactone, the principal products developed from BDO possess solvents applications and high-value derivatives. The development of these products from BDO is anticipated to fuel the growth of the BDO industry. Tetrahydrofuran is used for the production of spandex fibers; and other resins, solvents, and printing inks for plastics. The properties of PBT including thermal stability, durability, and high tensile strength make it suitable to be used in electrical appliances. PBT combines mechanical and electrical properties and has robust chemical resistance. It is an industrial chemical providing good environmental characteristics and minimizes the health risks for workers.
Moreover, the rising demand for polybutylene terephthalate is another major factor in the market. PBT is used as an insulator in electrical and electronics industries as it is a thermoplastic polymer. The PBT is extensively used in a broad range of application and is commonly used in electrical, electronic, and automotive components. PBT resins and PBT compound are the two derivatives of PBT. The PBT resin just includes base resin whereas PBT compounds consist of several materials including glass filing, and additives. The material is used often in mineral or glass filled grades. When the product is made as fire resistance, some additives are added to improve its UV and flammability properties.
Additionally, PBT is used for making electrical parts, electronic parts, and auto parts. The several applications of the PBT compound include motor cover, motor brushes, and TV set accessories and many others. The compounds made from BDO are designed to enhance long-term reliability. In the countries of Asia-Pacific, PBT is a highly demanding material in the electrical and electronic industry, hence a significant BDO market can be expected in the near future.
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1,4 Butanediol BDO Market Segmentation
By Technology
Butadiene Process
Davy Process
Propylene Oxide Process
Reppe Process
By Application
Gamma-Butyrolactone
Poly Butylenes Terephthalate (PBT)
Polyurethane
Tetrahydrofuran
By End-Users
Automotive industry
Electrical and Electronics
Chemical industry
Footwear Industry
Sports Industry
A full Report of 1,4 Butanediol (BDO) Market is Available @ https://www.omrglobal.com/industry-reports/1-4-butanediol-market
1,4 Butanediol BDO Market - Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Ashland Inc
Bioamber Inc.
Chemtura Corporation
Chongqing Jian Feng Chemical Industry Co. Ltd.
Dow Chemicals
Exxon Mobi Chemicals
Genomatica Inc.
International Speciality Products
Invista
Lyondellbasell Industries
Metabolix
Mitsubishi Chemical Corporation
Mitsui & Co. Ltd.
Saudi International Petrochemical Company
Shanxi Sanwei Group Co. Ltd.
Shell Chemicals
Sk Global Co. Ltd
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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