Press release
1, 4 Butanediol Market Trends, Business Overview, Industry Growth and Forecast to 2031
1, 4 Butanediol Market
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Rising concerns regarding the environment, increment in the adaption of sustainable ways, advancement in technology, and government incentives, further accompanied by rising demand for 1,4 butanediol as a raw material in healthcare and pharmaceutical industries accelerate the market growth. However, variations in the cost of raw materials impeding the supply chain, complications regarding safety measures, and regulation changes can hinder the growth of the market.
Asia Pacific has the leading market share of the 1, 4 butanediol market. The regional growth is attributed to the expeditious growth in China and India owing to the flourishing electronic, textile, and automobile sectors.
Recent Developments
In May 2024, the LYCRA Company partnered with Dairen Chemical Corporation (DCC) to convert QIRA-a new generation of 1, 4 butanediol (BDO)-into environmentally friendly PTMEG, and essential for bio-derived LYCRA fiber. Dairen is set to pioneer large-scale production of this sustainable bio-PTMEG, marking a significant advancement in textile innovation.
Full report of 1, 4 Butanediol Market available @ https://www.omrglobal.com/industry-reports/1-4-butanediol-market
Market Coverage
The market number available for 2023-2031
Base year: 2023
Forecast period: 2024-2031
Segment Covered-
o By Application
o By End-Users
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape: Ashland Inc., BASF SE, Dairen Chemical Corp., Nan Ya Plastic Corp., and Mitsubishi Chemical Corp. among others.
Key questions addressed by the report
What is the market's growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global 1, 4 Butanediol Market Report Segment
By Application
Gamma-Butyrolactone
Poly Butylenes Terephthalate (PBT)
Polyurethane
Tetrahydrofuran
By End-Users
Automotive Industry
Electrical And Electronics
Chemical Industry
Footwear Industry
Sports Industry
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/1-4-butanediol-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
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 offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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