1,4-Butanediol Market Set for Strong Growth - Key Applications & Industry Outlook | Shanxi Sanwei Group, Ashland Global Holdings Inc, BASF SE, Dairen Chemical Corp

The Global 1,4 butanediol (BDO) market is expected to reach growth at a Significant CAGR during the forecast period (2024-2031).

1,4 Butanediol Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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1,4-Butanediol (BDO) is a versatile chemical compound used as a solvent and intermediate in the production of various industrial products. It is a colorless, odorless liquid that is primarily produced from petroleum-based feedstocks. BDO is used in the manufacture of plastics, solvents, and fibers, as well as in the production of products like spandex and automotive antifreeze. It also serves as a precursor to gamma-butyrolactone (GBL) and tetrahydrofuran (THF), important chemicals in the polymer and pharmaceutical industries.

List of the Key Players in the 1,4 Butanediol Market:

Shanxi Sanwei Group, Ashland Global Holdings Inc, BASF SE, Dairen Chemical Corp, Xinjiang Tianye Co. Ltd, Sigma Aldrich, Nan Ya Plastics Corporation, Mitsubishi Chemicals, International Specialty Products, and Invista

Industry Development:

In 2023, Ashland raised prices for 1,4 Butanediol and its derivatives. 1,4 Butanediol increased by $0.45/lb, while N-methyl-pyrrolidone, 2-pyrrolidone, and Tetrahydrofuran rose by $0.50/lb. Gamma-butyrolactone saw the highest increase at $0.60/lb.

Growth Forecast Projected:

The Global 1,4 Butanediol Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global 1,4 Butanediol Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the 1,4 Butanediol Market:

By Type: Synthetic, Bio-Based

By Process: Davy Process, Reppe Process, Butadiene Process, Propylene Oxide Process, Others

By Application: Polyurethane, Tetrahydrofuran, Gamma-Butyrolactone, Polybutylene Terephthalate, Polytetramethylene Ether Glycol, N-Methyl-2-pyrrolidone, Others

By End-User: Pharmaceuticals, Automotive, Electrical & Electronics, Consumer Appliances, Leather, Textiles, Sporting Goods, Others

Regional Analysis for 1,4 Butanediol Market:

The regional analysis of the 1,4 Butanediol Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the 1,4 Butanediol market?

➠ Who are the leading manufacturers in the global 1,4 Butanediol industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global 1,4 Butanediol industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the 1,4 Butanediol market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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