The report “1,4 Butanediol Market by Technology (Reppe process, Davy process, Butadiene process, Propylene oxide process and others), and by Application (THF, PBT, GBL, PU, and Others) - Global Trends & Forecasts to 2019” defines and segments the global 1,4 butanediol market with an analysis and forecast of its global volume and value.
Browse 70 market data tables and 62 figures spread through 143 pages and in-depth TOC on “1,4 Butanediol Market by Technology (Reppe process, Davy process, Butadiene process, Propylene oxide process and others), and by Application (THF, PBT, GBL, PU, and Others) - Global Trends & Forecasts to 2019"
Early buyers will receive 10% customization on reports.
The report also defines driving and restraining factors for the global 1,4 butanediol market with the analysis of trends, opportunities, and burning issues, winning imperatives, strategic benchmarking and challenges. Some of the drivers include strong demand from tetrahydrofuran (THF) industry, rapidly growing market for PBT (polybutylene terephthalate), and growing demand from polyurethane industry. Some of the major restraining factors for 1,4 butanediol market growth are high manufacturing cost, and raw material price volatility. There are some opportunities which will change the dynamics of 1,4 butanediol industry in the years to come, which include development of bio-based BDO, and production of BDO from coal. The market is forecasted on the basis of major regions, such as North America, Europe, Asia-pacific, and Rest of the World (RoW) by both value and volume. The regional 1,4 butanediol market is further segmented on the basis of major application. The market size for 1,4 butanediol, in terms of value, is projected to reach $8.96 Billion by 2019, registering a CAGR of 8.23% between 2014 and 2019.
“Asia-Pacific: The Biggest Market of 1,4 Butanediol”
The Asia-Pacific is the most promising market for 1,4 butanediol and is anticipated to be the same in the near future. The Asia-Pacific is the largest market of 1,4 butanediol, which accounted for a share of 56.34% the total demand in 2013. The demand for 1,4 butanediol in the region is projected to register a CAGR of 6.77%, in terms of volume, between 2014 and 2019. It is estimated that China was the biggest consumers of 1,4 butanediol in the region. China is also the fastest-growing market for 1,4 butanediol globally, and is projected to register a CAGR of 9.95% between 2014 and 2019.
“THF: The Biggest application of 1,4 Butanediol”
THF (tetrahydrofuran) is an important immediate downstream product of BDO. THF make up for single largest end application market for BDO. It is a colorless, water miscible organic liquid with low viscosity at standard temperature and pressure. THF is widely used as an important raw material for polymers and is predominantly used to produce PTMEG, which in turn is a reactant for making other polymers. THF accounted for a share of 45.91% of the global 1,4 butanediol market in 2013.
BASF SE (Germany), Dairen Chemicals (Taiwan), LyondellBasell Chemicals (The Netherlands), Shanxi Sanwei Group (China), International Specialty Products (U.S.), Invista (U.S.), and Mitsubishi Chemicals (Japan), are some of the major manufacturers of 1,4 butanediol globally.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Email: [email protected]