1,4 butanediol Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC579

Introduction

1,4 butanediol, additionally named as 1,4-Butylene glycol, or Butane-1,4-diol is a natural substance compound which finds a wide-scale application in manufacturing of filaments, plastics, solvents and so on among different applications. 1,4 butanediol is a dry and thick substance compound with generally high breaking point as that of butane. This natural compound is one of the steady structures or isomers of butanediol. A standout amongst the most generally utilized production process, the Reppe Process, includes reaction of acetylene with formaldehyde. On the other hand, it is additionally produced by Davy process with maleic anhydride which is used as crude material. Different methods for the manufacture of 1,4 butanediol include utilization of organic courses or the utilization of propylene oxide as a crude material. Significant applications of 1,4 Butanediol include production of Poly Butylene Terephthalate (PBT), Tetrahydrofuran, Gamma Butyrolactone (GBL), polyurethanes, among the others.

Market Dynamics

Increasing awareness about the benefits of 1,4 butanediol among the consumers is anticipated to drive its demand throughout the forecast period. The rising disposable income of consumers is also expected to boost the growth of global 1,4 butanediol market over the forecast period. Another major reason for the rise in demand for 1,4 butanediol is the growing environmental concerns about the depletion of non-renewable resources such as natural gas and crude oil. The major companies in this market have adopted the strategy of product development as the target consumers demand innovations in this market. The emerging markets such as India and China are anticipated to boost the demand for polyurethane thus, driving the growth of overall market. The volatility in raw material prices is expected to hamper the growth of global 1,4 butanediol market over the forecast period. In addition to this, the high manufacturing cost is another factor restraining the market growth.

Market Classification and Overview

The global 1,4 butanediol market is bifurcated on the basis of application and geography. On the basis of application, the market is classified as tetrahydrofuran, gamma-butyrolactone, polybutylene terephthalate, polyurethane and others. Polybutylene terephthalate is expected to hold the major share in the global market over the forecast period. This is mainly attributed to its application as a substitute to the conventional metals in electronics and automotive sector. The polyurethane segment is expected to witness highest growth in terms of revenue over the forecast period.

Regional Overview

The market for 1,4 butanediol is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa (MEA). Asia-Pacific was the major contributor to the growth of 1,4 butanediol market in 2015, owing to the increase in disposable income of consumers in this region. North America region is also anticpated to hold a significant share in the global market followed by Asia-Pacific. The market for 1,4 butanediol in Asia-Pacific is further projected to witness highest growth in coming years owing to the rapid increase in end-use industries and awareness about the sustainable resources in the region.

Report Coverage

Market

1,4 Butanediol Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

BASF SE, BioAmber Inc., International Specialty Products, ExxonMobil Chemicals, Invista, Mitsubishi Chemical Corporation, Dairen Chemical Corporation, Toray Industries Inc., The Dow Chemical Company, Myriant Corporation, and Sipchem are the key players in the 1,4 butanediol market. These players involved have adopted the strategies including expansion in the developing regions in order to tap the underlying opportunities in these markets.

Market Segmentation

Market By Application

·         Tetrahydrofuran

·         Gamma-butyrolactone

·         Polybutylene terephthalate

·         Polyurethane

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA


Related Reports

Floor Coatings Market (By Product: Acrylic, Epoxy, Polyurethane, Polyaspartic, Methyl Methacrylate; By Component: Triple, Double, Single, Others; By Application: Terrazzo, Wood, Concrete, Others; By End-User: Commercial, Industrial, Residential) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

According to Acumen Research and Consulting, the global floor coatings market size is estimated to reach around US$ 4.1 billion by 2026 and growing at striking CAGR around 6.5 % over the forecast time frame. The floor is likely the region in houses where enormous quantity of wear is involved and thus more maintenance is required. Floor coatings provide safety, elevated level of abrasion, chemical s

Bulk Container Packaging Market (By Product: Flexitanks, Flexible Intermediate Bulk Container, Bulk Container Liners; By Application: Food & Beverage, Chemicals) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

According to Acumen Research and Consulting, the global Bulk Container Packaging market is forecasted to grow at striking CAGR around 7 % over the forecast time frame and reach around US$ 6.5 billion by 2026. The products used for the transport and storage of drinks, oil and fat, food products in large quantities and quantities are known as container packaging for bulk. Bulk container liners, flexi

Plastic Compounding Market (By Polymer Type: Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene & Expanded Polystyrene, Polyethylene Terephthalate, Polyurethane, Acrylonitrile Butadiene Styrene, Other Polymers; By End Use: Packaging, Building & Construction, Automotive, Electrical & Electronics, Medical, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global plastic compounding market size is poised to reach over USD 95,425.3 Million by 2026 and is expected to grow at CAGR 6.9% during the forecast period, 2019-2026. Plastic compounding is an effective process preparing plastics formulations by blending additives and polymers in the molten state and is normally done by extrusion. In this process characteristics of basic plastics are transformed to create plastic formulat

Homopolymer Acrylic Filter Bags Market (By Surface Finish: Singeing & Calendering, Plain; By Coating: Anti-static, PTFE Coating, Oleophobic, Hydrophobic, Flame Retardant, Anti-acid, Other; By Application: Pharmaceuticals, Cement, Power Generation, Chemicals, Metal, Food & Beverage, Oil & Gas, Coal, Printing & Dyeing, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

By 2026, the global Homopolymer acrylic filter bags market is expected to reach USD 1.3 billion and is expected to grow at the CAGR of 4.8% during the forecasted period 2019-2026. The homopolymer acrylic filter bags packaging market is expected to witness significant growth in the future due to its increased demand in Application industries such as food & beverage and healthcare. Significant ch

Phenolic Resin Market (By Type: Novolac Resin, Resol Resin, Others; By Application: Wood Adhesives, Insulation, Coatings, Laminates, Paper Impregnation, Foundry, Molding Compound, Others, By End User: Automotive, Furniture, Electrical & Electronics, Building & Construction, Industrial, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global phenolic resin Market is expected to grow at CAGR 4.8% during the forecast period, 2019-2026 and will reach over USD 15.3 Billion by 2026. Phenolic resins are one of the most adaptive materials with diverse application scope having a number of properties such as sustainability, high heat, porosity, flexibility, chemical resistance, and sliding proeperties are anticipated to promote its d

Refinery Catalyst Market (By Type: Alkylation, Fluid Catalytic Cracking, Reforming & Isomerization, Hydroprocessing; By Material: Metal, Zeolite, Chemical Compound) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

According to Acumen Research and Consulting, the global refinery catalyst market size is poised to reach around US 5.8 billion by 2026 and growing at noteworthy CAGR of 3.7 % throughout the forecast period 2019 to 2026. The rates of chemical reactions in refineries are commonly used by refineries in petroleum refinery due to their ownership. In addition, the quality of the petrol products generated

Cart Summary