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1,4 Butanediol Market Size, Share & Trends Analysis Report By Application (THF, GBL, PBT, Polyurethane), By Region (North America, Asia Pacific, Europe, CSA, MEA), And Segment Forecasts, 2023 - 2030

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    Report

  • 80 Pages
  • August 2023
  • Region: Global
  • Grand View Research
  • ID: 5876194
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The global 1,4 butanediol market size is expected to reach USD 13.41 billion by 2030, registering a CAGR of 9.5% from 2023 to 2030. The growth of 1,4 butanediol (BDO) is attributed to its increasing consumption in the production of fibers, plastics, and solvents. The product is also being increasingly used for medicinal formulations, because of which several legislative actions and regulations regarding its safe usage have been initiated. The 1,4 BDO is widely utilized in numerous applications, such as chemical & adhesives manufacturing, fiber & particle composites, plastic processing, and pharmaceuticals, owing to its inherent advantageous characteristics, such as hydrophobicity, chemical resistance, and excellent durability.



The 1,4 BDO produced by the Reppe process, which is particularly popular in China, accounts for more than 40.0% of the global capacity of chemical manufacturing. Major industry participants including Ashland, BASF, and DuPont are utilizing this technology to produce 1,4 BDO and its other derivatives. In this process, acetylene is reacted with formaldehyde to form BDO, which undergoes high-pressure hydrogenation. The COVID-19 virus spread has disrupted economies globally and severely affected the chemical industry's supply chain. The supply chain disruption of 1,4 BDO had an adverse effect on its production and consumption patterns, globally. This has resulted in a decline in market growth during the pandemic.

1,4 Butanediol Market Report Highlights

  • The tetrahydrofuran application segment is projected to grow at the fastest CAGR of 10.2% from 2023 to 2030. This is attributed to increasing use in applications such as vinyl films, elastomers, printing inks, coatings, and adhesives
  • In terms of application, the polyurethane (PU) segment will witness a CAGR of 8.1% from 2023 to 2030. The growth is driven by the increasing demand for PU in the manufacturing of foam seating, elastomeric wheels & tires, and electronic instruments
  • Asia Pacific is estimated to register a CAGR of 9.5% from 2023 to 2030 due to the presence of rapidly growing industries, such as automotive and construction, and major market players in the region
  • Europe will witness the fastest CAGR of 10.1% from 2023 to 2030. The growth is augmented by the presence of major market players, such as BASF SE, LyondellBasell, and Evonik Industries AG
  • Volatility in prices of the raw materials has been affecting the profitability of the manufacturers, which, in turn, is expected to hinder the market growth during the coming years
  • The spread of COVID-19 has negatively impacted the chemical industry, resulting in a decline in its market growth. The shutdown of chemical manufacturing companies for a prolonged period has led to disruptions in the supply chain of 1,4 BDO


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Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
1.6.1 Research scope and assumptions
1.6.2 List to Data Sources
Chapter 2 Executive Summary
2.1 1,4 Butanediol Market Snapshot
2.2 1,4 Butanediol Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 1,4 Butanediol Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 1,4 Butanediol Market Outlook
3.2 Industry Value Chain Analysis
3.2.1 Manufacturing & Technology Trends
3.2.1.1 Davy Process of 1,4-Butanediol production
3.2.1.2 Reppe Process of Manufacturing BDO
3.2.1.3 Huntsman Process of 1,4 Butanediol Production
3.2.1.4 Lyondell & Mitsubishi Kasei Process of 1,4-butanediol Production
3.2.1.5 Bio 1,4 butanediol Production
3.2.2 Sales Channel Analysis
3.2.3 List of Potential End-users
3.3 1,4 Butanediol Price Trend Analysis, 2018 - 2030
3.3.1. Factors Influencing Prices
3.4 Regulatory framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.1.1 Rising End-use Application Of PBT (Polybutylene Terephthalate)
3.5.1.2 Rising Demand For Industrial THF
3.5.2 Market Restraint Analysis
3.5.2.1 Rising Environmental And Health Concerns Related To 1,4-Butanediol
3.5.3 Industry Challenges
3.5.4 Industry Opportunities
3.6 Industry Analysis Tools
3.6.1 PORTER’s Analysis
3.6.2 Macroeconomic Analysis - PESTLE Analysis
Chapter 4 1,4 Butanediol Market: Supplier Portfolio Analysis
4.1 List of Key Raw Material Suppliers
4.2 Raw Material Trend
4.3 Portfolio Analysis/Kraljic Matrix
4.4 Engagement Model
4.5 Negotiation Strategies
4.5.1 Risk Mitigation By Decreasing the Dependency On One Supplier
4.5.2 Raw Material Price Tracking and Agreement
Chapter 5 1,4 Butanediol Market: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share, 2022 & 2030
5.1.1 Tetrahydrofuran (THF)
5.1.2 ?-Butyrolactone (GBL)
5.1.3 Polybutylene terephthalate (PBT)
5.1.4 Polyurethane
5.1.5 Other Applications
Chapter 6 1,4 Butanediol Market: Regional Estimates & Trend Analysis
6.1 1,4 Butanediol Market: Regional Outlook
6.2 North America
6.2.1 North America 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.2 U.S.
6.2.2.1 Key country dynamics
6.2.2.2 U.S. 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.3 Canada
6.2.3.1 Key country dynamics
6.2.3.2 Canada 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.2.4 Mexico
6.2.4.1 Key country dynamics
6.2.4.2 Mexico 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3 Europe
6.3.1 Europe 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.2 Germany
6.3.2.1 Key country dynamics
6.3.2.2 Germany 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.3 UK
6.3.3.1 Key country dynamics
6.3.3.2 UK 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.4 France
6.3.4.1 Key country dynamics
6.3.4.2 France 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.5 Italy
6.3.5.1 Key country dynamics
6.3.5.2 Italy 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.3.6 Spain
6.3.6.1 Key country dynamics
6.3.6.2 Spain 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
6.3.7 The Netherlands
6.3.7.1 Key country dynamics
6.3.7.2 The Netherlands 1,4 butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (KiloTons) (USD Million)
6.3.8 Russia
6.3.8.1 Key country dynamics
6.3.8.2 Russia 1,4 butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (KiloTons) (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.2 China
6.4.2.1 Key country dynamics
6.4.2.2 China 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.3 India
6.4.3.1 Key country dynamics
6.4.3.2 India 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.4 Japan
6.4.4.1 Key country dynamics
6.4.4.2 Japan 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.4.5 South Korea
6.4.5.1 Key country dynamics
6.4.5.2 South Korea 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
6.4.6 Australia
6.4.6.1 Key country dynamics
6.4.6.2 Australia 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
6.4.7 Vietnam
6.4.7.1 Key country dynamics
6.4.7.2 Vietnam 1,4 butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
6.5 Central & South America
6.5.1 Central & South America 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.2 Brazil
6.5.2.1 Key country dynamics
6.5.2.2 Brazil 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.5.3 Argentina
6.5.3.1 Key country dynamics
6.5.3.2 Argentina 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6 Middle East & Africa
6.6.1 Middle East & Africa 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.2 Saudi Arabia
6.6.2.1 Key country dynamics
6.6.2.2 Saudi Arabia 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
6.6.3 South Africa
6.6.3.1 Key country dynamics
6.6.3.2 South Africa 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Competitive Landscape
7.1 Company Categorization
7.2 Key Company Market Positioning Analysis, 2022
7.3 Company Heat Map Analysis
7.4 Company Listing (Business Overview, Financial Performance, Product Benchmarking)
7.4.1 BASF SE
7.4.2 Ashland
7.4.3 DCC
7.4.4 Mitsubishi Chemical Group Corporation.
7.4.5 Evonik Industries AG
7.4.6 LyondellBasell Industries Holdings B.V.
7.4.7 Sipchem Company
7.4.8 China Petrochemical Corporation)
7.4.9 Genomatica, Inc.
7.5 Key Strategy Mapping
7.5.1 Expansion
7.5.2 Mergers & Acquisitions
7.5.3 New product launches
List of Tables
Table 1 List of Potential End-users
Table 2 Economical & Technical Outlook of Derivatives
Table 3 List of Key Raw Material Suppliers
Table 4 U.S. macro-economic outlay
Table 5 Canada macro-economic outlay
Table 6 Mexico macro-economic outlay
Table 7 Germany macro-economic outlay
Table 8 UK macro-economic outlay
Table 9 France macro-economic outlay
Table 10 Italy macro-economic outlay
Table 11 Spain macro-economic outlay
Table 12 Netherland macro-economic outlay
Table 13 Russia macro-economic outlay
Table 14 China macro-economic outlay
Table 15 India macro-economic outlay
Table 16 Japan macro-economic outlay
Table 17 South Korea macro-economic outlay
Table 18 Australia macro-economic outlay
Table 19 Vietnam macro-economic outlay
Table 20 Brazil macro-economic outlay
Table 21 Argentina macro-economic outlay
Table 22 Saudi Arabia macro-economic outlay
Table 23 South Africa macro-economic outlay
Table 24 1,4 Butanediol Participant’s Overview
Table 25 Financial Performance
Table 26 Product Benchmarking
Table 27 1,4 Butanediol Participant’s Overview
Table 28 Financial Performance
Table 29 Product Benchmarking
Table 30 List of Tetrahydrofuran (THF) manufacturers
Table 31 List of ?-Butyrolactone (GBL) manufacturers
Table 32 List of Polybutylene terephthalate (PBT) manufacturers
Table 33 Company Heat Map Analysis
Table 34 Key companies undergoing expansions
Table 35 Key companies involved in mergers & acquisitions
Table 36 Key companies launching new products
List of Figures
Fig. 1 1,4 Butanediol Market Segmentation & Scope
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 1,4 Butanediol Market Snapshot
Fig. 7 1,4 Butanediol Market Segment Snapshot
Fig. 8 1,4 Butanediol Market Competitive Landscape Snapshot
Fig. 9 1, 4-Butanediol Market value, 2022, (USD Million)
Fig. 10 1,4 Butanediol Market: Industry Value Chain Analysis
Fig. 11 Davy Process of 1,4-Butanediol Production by Johnson Matthey (A specialty chemical company)
Fig. 12 Reppe Process of 1,4-Butanediol Production
Fig. 13 Production of Bio-based BDO
Fig. 14 1,4 Butanediol Price Trend Analysis, 2018 - 2030 (USD/Ton)
Fig. 15 1,4 Butanediol Market Dynamics
Fig. 16 Global Car Production, 2020 - 2022 (Million)
Fig. 17 India Electronics Market, 2016 - 2025 (USD Billion)
Fig. 18 Global Spandex Consumption, 2018 - 20302018 - 2030 USD Million
Fig. 19 Indian Chemical Industry, 2019 - 2025 USD Billion
Fig. 20 1,4 Butanediol Market: PORTER’s Analysis
Fig. 21 1,4 Butanediol Market: PESTLE Analysis
Fig. 22 1,4 Butanediol Price, USD Per Ton (2018 - 2022)
Fig. 23 Portfolio Analysis/Kraljic Matrix
Fig. 24 1,4 Butanediol Market Estimates & Forecasts, by Application: Key Takeaways
Fig. 25 1,4 Butanediol Market Share, By Application, 2022 & 2030
Fig. 26 1,4 Butanediol Market Estimates & Forecasts, in Tetrahydrofuran (THF), 2018 - 2030 (Kilotons) (USD Million)
Fig. 27 1,4 Butanediol Market Estimates & Forecasts, in ?-Butyrolactone (GBL), 2018 - 2030 (Kilotons) (USD Million)
Fig. 28 1,4 Butanediol Market Estimates & Forecasts, in Polybutylene terephthalate (PBT), 2018 - 2030 (Kilotons) (USD Million)
Fig. 29 1,4 Butanediol Market Estimates & Forecasts, in Polyurethane, 2018 - 2030 (Kilotons) (USD Million)
Fig. 30 1,4 Butanediol Market Estimates & Forecasts, in Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Fig. 31 1,4 Butanediol Market Revenue, by Region, 2022 & 2030 (USD Million)
Fig. 32 1,4 Butanediol Market Revenue, by Region, 2022 & 2030 (USD Million)
Fig. 33 North America 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 34 U.S. 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 35 Canada 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 36 Mexico 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 37 Europe 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 38 Germany 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 39 UK 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 40 France 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 41 Italy 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 42 Spain 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 43 Netherlands 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 44 Russia 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 45 Asia Pacific 1,4 Butanediol Market Estimates & Forecasts, 2018 - 20302018 - 2030 (Kilotons) (USD Million)
Fig. 46 China 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 47 India 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 48 Japan 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 49 South Korea 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 50 Australia 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 51 Vietnam 1,4 Butanediol Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
Fig. 52 Central & South America 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 53 Brazil 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 54 Argentina 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 55 Middle East & Africa 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 56 Saudi Arabia 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 57 South Africa 1,4 Butanediol Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Fig. 58 Key Company Categorization
Fig. 59 Global 1,4 Butanediol Market - Key Company Market Positioning Analysis - 2022
Fig. 60 Key Strategic Mapping

Companies Mentioned

  • BASF SE
  • Ashland
  • DCC
  • Mitsubishi Chemical Group Corporation.
  • Evonik Industries AG
  • LyondellBasell Industries Holdings B.V.
  • Sipchem Company
  • China Petrochemical Corporation
  • Genomatica, Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages80
PublishedAugust 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 6.51 Billion
Forecasted Market Value ( USD ) by 2030 $ 13.41 Billion
Compound Annual Growth Rate9.5%
Regions CoveredGlobal
No. of Companies Mentioned9

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About the 1 4 Butanediol Market

The 1 4 Butanediol market is a segment of the chemicals industry that produces 1 4 Butanediol, a colorless, viscous liquid with a faint odor. It is used in a variety of applications, including the production of polyurethane foam, solvents, and plasticizers. It is also used as a precursor in the manufacture of gamma-butyrolactone, a solvent used in the production of polymers and pharmaceuticals. The 1 4 Butanediol market is driven by the increasing demand for polyurethane foam, solvents, and plasticizers. The growing demand for gamma-butyrolactone in the pharmaceutical industry is also expected to drive the market. The rising demand for 1 4 Butanediol in the automotive and construction industries is also expected to contribute to the growth of the market. Some of the major companies in the 1 4 Butanediol market include BASF SE, Dow Chemical Company, Eastman Chemical Company, Mitsubishi Chemical Corporation, and LyondellBasell Industries. Show Less Read more

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