1, 4-Butanediol Market 2022 | Industry Share, Size, Growth Opportunities, Business Strategies

 

Contact Information
Market Research Future
Hadapsar, Pune
Office No. 528, Amanora Chambers Magarpatta Road
India - 411028
India
16468459312
nikhil.khadilkar@marketresearchfuture.in
 
Globally, the market for 1, 4-Butanediol is growing at a CAGR of 8.18% during forecasted period (2016-2022). Increasing applications of 1, 4-Butanediol in various industrial processes along with the growing demand for spandex in textiles have been responsible for driving growth in recent years. Tetrahydrofuran (THF), one of the major application of 1, 4-Butanediol, is widely utilized in various applications such as in the production of polytetramethylether glycols (PTMEG). This is further processed to derive spandex, and as an intermediate in manufacturing natural gas odorants owing to its wide liquid range. Additionally, growing awareness regarding the processing benefits of these, and other BDO applications, are responsible for industry expansion. Major players are shifting their production plant in emerging economies in Asia-Pacific, and introducing new technologies, which is anticipated to drive innovation in the near future.

On the other hand, increasing environmental concerns and reduction of non-renewable resources such as crude oil and natural gas have stimulated the development of several innovative, sustainable technologies that utilize bio-based, renewable resources for production. The transference towards sustainable products is also responsible for driving bio-based 1, 4-Butanediol production and consumption.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2326

Key Players and Competition Analysis

The key players in market includes BASF SE, Mitsubishi Chemical Corporation, Ashland Inc, Bioamber Inc, Sipchem, LyondellBasell Industries N.V, ExxonMobil Chemicals, and others.

Objectives of Global 1, 4 butanediol Market:

To study detail of global 1, 4-Butanediol market by application and by region in forecasted period 2022. To identify the market dynamics of global 1, 4-Butanediol market dynamics by drivers, restrains, opportunities and challenges. To analyze various factors like value chain analysis and porters five forces model. To provide historical and forecast revenue of market segment with respect to North America, Europe, APAC and RoW. To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. To track mergers and acquisitions, strategic alliances, new product development of specified company.

Regional Analysis of Global 1, 4 butanediol Market

Globally, Asia Pacific emerged as the largest 1, 4-Butanediol consumer in recent years, with highest volume share in 2016. Major key players of the market of developed countries are focusing on various strategies they are utilizing low cost labor & resources in emerging economies such as India, Vietnam, Malaysia, Thailand and Indonesia. The region is expected to grow at the highest CAGR from 2016 to 2025. Central & South America is anticipated to remain a fast-growing market. North America and Europe will have sluggish growth rate, owing to end-use industry major economies such as the U.S. and Canada. Browse the market data and information spread across 105 pages with 25 data tables and 09 figures of the report “Global 1, 4-Butanediol Market Research Report- Forecast to 2022” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/butanediol-market-2326

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +16468459312
Email: sales@marketresearchfuture.com
For more information, visit: https://www.marketresearchfuture.com/reports/butanediol-market-2326


1, 4-Butanediol Market, 1, 4-Butanediol Market Trends, 1, 4-Butanediol Market Forecast, 1, 4-Butanediol Market Growth, 1, 4-Butanediol Market Segment

 

If you have any questions regarding information in this press release, please contact the person listed in the Contact / Company information box of this page. Please do not attempt to contact Market Press Release. We will be unable to assist you with any information regarding this release. Market Press Release disclaims any content contained in this press release.