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

Spray Drying Equipment Market (By Product: Fluidized, Nozzle Atomizer, Rotary Atomizer, Centrifugal; By Stage: Multi-Stage, Two-Stage, Single-Stage; By Flow: Counter-Current, Co-Current, Mixed Flow; By Cycle: Closed, Open; By Application: Pharmaceuticals & Nutraceuticals, Food & Dairy, Chemical, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Spray Drying Equipment market is projected to grow at remarkable CAGR around 6.9% throughout the forecast period and reach around US$ 9.0 billion by 2026. The moisture content is taken from the item by means of spray drying facilities. A fundamental spray dryin

Chitosan Market (By Application: Water Treatment, Food & Beverage, Cosmetics, Pharmaceutical & Biomedical, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global Chitosan market is expected to grow at noteworthy CAGR around 20.2 % throughout the forecast period and reach around US$ 22 billion by 2026. Chitosan is the form of the deacetylated chitin, a main component in the marine animal exoskeleton. The shell wastes, su

Shape Memory Polymer Market (By Material: Polyurethane (PU), Polyvinyl chloride (PVC), Acrylic, Epoxy, Others; By End User: Research & development, Commercial; By Application: Biomedical, Automotive, Aerospace, Textile, Others (Construction, Toys, Household Products, etc.)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Shape memory polymer is a polymeric shrewd material that can come back from a distorted transitory state to its unique lasting state when instigated by an outer upgrade, for example, temperature, power, attractive field, light, synthetics, and so on. The polymer is first fabricated into a perpetual shape by regular methodologies, after which it is disfigured into the

Seismic Reinforcement Materials Market (By Product: Steel, Composites [CFRP, GFRP, Others], Wood, Concrete; By Installation: Carbon Steel, Alloy Steel, Stainless Steel, Others; By Application: Roofing, Walls & support columns, Foundation & flooring, Bridges & flyovers, Others; By End-use Sector: Residential, Commercial, Industrial, Infrastructural) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: The global seismic reinforcement materials market size is expected to reach 42.01 billion by the end of year 2026. The market is estimated to grow at a CAGR of 4.3% over the forecast period 2019 to 2026. Seismic reinforcement materials are a type of materials that are used for providing reinforcing or strengthening

Cast Polypropylene (CPP) Films Market (By Type: General CPP Films, Retort CPP Films, Metalized CPP Films, Others; By Thickness: 20-30 microns, 30-50 microns, Above 50 microns; By Application: Food Packaging, Textile Packaging, Drug Packaging, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: The global cast polypropylene (CPP) films market is expected to reach 1.89 billion by 2026 and market is estimated to grow at a CAGR of 5.95% over the forecast period. Cast polypropylene, usually known as CPP, is created through the casting procedure. It is famous for its high straightforwardness, high effect quali

Cart Summary