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Report
1,4 Butanediol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 149 Pages I IMARC Group
Market Overview:
The global 1,4 butanediol market size reached US$ 7.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
1,4 butanediol (C4H10O2) is a colorless, oily, and viscous liquid with high solubility in water and other chemicals. It is a primary alcohol and an organic compound produced from petroleum-based substrates such as acetylene, butane, propylene, and butadiene. It is widely used in industrial settings as a solvent and in the manufacturing of some types of plastics, elastic fibers, and polyurethanes. 1,4 butanediol is also used as a raw material in both the organic and fine chemical industries for its excellent environmental characteristics and minimal health risks to workers. As a result, it finds extensive applications across the textile, automotive, chemical, electrical and electronics, papermaking, healthcare, and pharmaceutical industries.
1,4 Butanediol Market Trends:
Significant growth in the automotive industry across the globe is creating a positive outlook for the market. 1,4 butanediol is widely used to produce polybutylene terephthalate (PBT) that allows weight reduction, shock absorption for bumpers, energy absorption, and improves tracking resistance for a range of high-voltage automotive components. In line with this, the widespread product utilization to manufacture polyurethane foams used in most vehicles' seats, armrests, and headrests, where their cushioning properties help reduce the fatigue and stress associated with driving, is acting as another growth-inducing factor. Moreover, the increasing product demand in the industrial sector to produce floor strippers, paint thinners, and other solvent goods is favoring the market growth. Apart from this, the introduction of bio-BDO (bio-butanediol) due to the increasing environmental concerns and depletion of non-renewable resources, such as natural gas and crude oil, is providing an impetus to the market growth. Additionally, the rising product demand in the chemical sector to manufacture derivates, including tetrahydrofuran (THF), gamma-butyrolactone (GBL), and polyurethane (PU), is propelling the market growth. Other factors, including the widespread product utilization to replace illicit chemicals, extensive research and development (R&D) activities, and increasing awareness regarding the processing and utility benefits of the product, are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global 1,4 butanediol market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, derivative and end use industry.
Breakup by Type:
Synthetic
Bio-based
Breakup by Derivative:
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
Breakup by End Use Industry:
Textile
Automotive
Healthcare and Pharmaceutical
Electrical and Electronics
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ashland Inc., BASF SE, China Petroleum & Chemical Corporation (China Petrochemical Corporation), Dairen Chemical Corporation, Genomatica Inc, KH Chemicals BV (Ravago S.A.), Lanxess AG, LyondellBasell Industries N.V., Mitsubishi Chemical Corporation, Nan Ya Plastics Corporation, Shanxi Sanwei Group Co. Ltd., Sipchem Company and Xinjiang Blue Ridge Tunhe Sci.&Tech. Co. Ltd.
Key Questions Answered in This Report
1. What was the size of the global 1,4 butanediol market in 2022?
2. What is the expected growth rate of the global 1,4 butanediol market during 2023-2028?
3. What are the key factors driving the global 1,4 butanediol market?
4. What has been the impact of COVID-19 on the global 1,4 butanediol market?
5. What is the breakup of the global 1,4 butanediol market based on the derivative?
6. What is the breakup of the global 1,4 butanediol market based on the end use industry?
7. What are the key regions in the global 1,4 butanediol market?
8. Who are the key players/companies in the global 1,4 butanediol market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global 1,4 Butanediol Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Type
6.1Synthetic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Bio-based
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Derivative
7.1Tetrahydrofuran (THF)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Polybutylene Terephthalate (PBT)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Gamma-Butyrolactone (GBL)
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Polyurethane (PU)
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End Use Industry
8.1Textile
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Healthcare and Pharmaceutical
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Electrical and Electronics
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Ashland Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2BASF SE
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3China Petroleum & Chemical Corporation (China Petrochemical Corporation)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4Dairen Chemical Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5Genomatica Inc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6KH Chemicals BV (Ravago S.A.)
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7Lanxess AG
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8LyondellBasell Industries N.V.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9Mitsubishi Chemical Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10Nan Ya Plastics Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11Shanxi Sanwei Group Co. Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12Sipchem Company
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13Xinjiang Blue Ridge Tunhe Sci.&Tech. Co. Ltd.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
Figure 1: Global: 1,4 Butanediol Market: Major Drivers and Challenges
Figure 2: Global: 1,4 Butanediol Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: 1,4 Butanediol Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: 1,4 Butanediol Market: Breakup by Type (in %), 2022
Figure 5: Global: 1,4 Butanediol Market: Breakup by Derivative (in %), 2022
Figure 6: Global: 1,4 Butanediol Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: 1,4 Butanediol Market: Breakup by Region (in %), 2022
Figure 8: Global: 1,4 Butanediol (Synthetic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: 1,4 Butanediol (Synthetic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: 1,4 Butanediol (Bio-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: 1,4 Butanediol (Bio-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: 1,4 Butanediol (Tetrahydrofuran (THF)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: 1,4 Butanediol (Tetrahydrofuran (THF)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: 1,4 Butanediol (Polybutylene Terephthalate (PBT)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: 1,4 Butanediol (Polybutylene Terephthalate (PBT)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: 1,4 Butanediol (Gamma-Butyrolactone (GBL)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: 1,4 Butanediol (Gamma-Butyrolactone (GBL)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: 1,4 Butanediol (Polyurethane (PU)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: 1,4 Butanediol (Polyurethane (PU)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: 1,4 Butanediol (Other Derivatives) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: 1,4 Butanediol (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: 1,4 Butanediol (Textile) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: 1,4 Butanediol (Textile) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: 1,4 Butanediol (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: 1,4 Butanediol (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: 1,4 Butanediol (Healthcare and Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: 1,4 Butanediol (Healthcare and Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: 1,4 Butanediol (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: 1,4 Butanediol (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: 1,4 Butanediol (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: 1,4 Butanediol (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: 1,4 Butanediol Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: 1,4 Butanediol Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: 1,4 Butanediol Industry: SWOT Analysis
Figure 82: Global: 1,4 Butanediol Industry: Value Chain Analysis
Figure 83: Global: 1,4 Butanediol Industry: Porter's Five Forces Analysis
Table 1: Global: 1,4 Butanediol Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: 1,4 Butanediol Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: 1,4 Butanediol Market Forecast: Breakup by Derivative (in Million US$), 2023-2028
Table 4: Global: 1,4 Butanediol Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: 1,4 Butanediol Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: 1,4 Butanediol Market: Competitive Structure
Table 7: Global: 1,4 Butanediol Market: Key Players
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