1, 4-butanediol (BDO) is an important organic chemicals and fine chemicals, can generate a variety of derivatives such as THF, PTMEG, GBL and so on.2,3-Butanediol is a chemical compound with the molecular formula C4H10O2. It has three stereoisomers, all of which are colorless, viscous liquids.
In application, 1,4 Butanediol downstream is wide and recently 1,4 Butanediol has acquired increasing significance in various fields of THF, PBT, GBL, PU and others. Globally, the 1,4 Butanediol market is mainly driven by growing demand for THF which accounts for 52.38% global downstream consumption of 1,4 Butanediol in 2017.
However, at present, 2,3 Butanediol has not appeared in large-scale commercial production, and only a small amount of by-products of bio-based polyols appear on the market. The excessive cost is the main factor limiting the commercial production of this product.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, 1,4 Butanediol and 2,3 Butanediol production will show a trend of steady growth. In 2024 the production is estimated to be 4203.6 K MT.
According to this study, over the next five years the 1,4 Butanediol and 2,3 Butanediol market will register a 7.8% CAGR in terms of revenue, the global market size will reach US$ 9038 million by 2024, from US$ 6202.1 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in 1,4 Butanediol and 2,3 Butanediol business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of 1,4 Butanediol and 2,3 Butanediol market by product type, application, key manufacturers and key regions and countries.
This study considers the 1,4 Butanediol and 2,3 Butanediol value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
1,4 Butanediol
2,3 Butanediol
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
PBT
GBL
THF
PU
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Dairen Chemical
Lyondellbasell
Ashland
Nanya Plastics Corporation
Mitsubishi Chemical Corporation
INVISTA
MarkorChem
Xinjiang Tianye
Changcheng Energy
Shanxi Sanwei Group
Shanxi BidiOu
Sichuan Tianhua
Henan Kaixiang Fine Chemical
HNEC
TunHe
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global 1,4 Butanediol and 2,3 Butanediol consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of 1,4 Butanediol and 2,3 Butanediol market by identifying its various subsegments.
Focuses on the key global 1,4 Butanediol and 2,3 Butanediol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the 1,4 Butanediol and 2,3 Butanediol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of 1,4 Butanediol and 2,3 Butanediol submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on 1,4 Butanediol and 2,3 Butanediol . Industry analysis & Market Report on 1,4 Butanediol and 2,3 Butanediol is a syndicated market report, published as Global 1,4 Butanediol and 2,3 Butanediol Market Growth 2019-2024. It is complete Research Study and Industry Analysis of 1,4 Butanediol and 2,3 Butanediol market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.