1, 4 Butanediol Market By Product Type , By Application (Gamma butyrolactone , Polyurethane , Tetrahydrofuran , Polybutylene terephthalate , Others) By End-Use Industry : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

1,4 Butanediol Market

The 1,4 butanediol market was valued at $6.8 billion in 2023 and is projected to reach $11.7 billion by 2033, growing at a CAGR of 5.5% from 2024 to 2033.

1,4 butanediol is an organic chemical compound that belongs to the class of primary alcohols and is primarily used as a solvent in industrial applications. It is a highly versatile compound used in diverse industries, including automotive and pharmaceuticals. The different applications of 1,4 butanediol include paint thinners, cleaning agents, paint & coating formulations, synthetic fibers, and adhesives. The compound further serves as a precursor for manufacturing plastics, polyurethanes, and synthetic fibers.

Rapid expansion of different end-use industries such as automotive, electronics, and construction is a key driver of the 1,4 butanediol market. In addition, technological innovations in the manufacturing process of 1,4 butanediol has led to reduction in production expenses along with enhancing production efficiency. These innovations propel the market development significantly. In recent times, sustainability and green chemistry are the emerging trends acquiring traction in the 1,4 butanediol market. The manufacturers of the compound are laying emphasis on developing bio-based 1,4 butanediol by replacing the conventional petrochemical-based sources with renewable sources. Bio-based 1,4 butanediol containing materials are easily recyclable, hence promoting the circular economy approach in the market.

However, the market growth remains considerably uncertain owing to economic downturns and recessions, which lead to reduced demands in the end-use industries. Moreover, the petrochemical-derived 1,4 butanediol continues to dominate the market, hampering the growth due to its hazardous environmental impact, fluctuations in the prices of raw materials, and implementation of stringent environmental regulations. Further, the chemical is considered hazardous for humans. According to the global product strategy (GPS) safety summary of LyondellBasell Industries, a chemical company, 1,4 butanediol causes low to moderate acute toxicity through oral contact and results in dizziness or drowsiness when inhaled or ingested.

Segment Review

The 1,4 butanediol market is segmented into product type, application, end-use industry, and region. On the basis of product type, the market is bifurcated into synthetic and bio-based. Depending on application, it is divided into gamma butyrolactone (GBL), polyurethane (PU), tetrahydrofuran (THF), polybutylene terephthalate (PBT), and others. As per end-use industry, it is classified into automotive, pharmaceutical, electrical & electronics, personal care & cosmetics, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of product type, the synthetic segment held the highest market share in 2023.

Depending on application, the polybutylene terephthalate (PBT) segment acquired a high stake in the market in 2023.

As per end-use industry, the automotive segment dominated the market in 2023.

Region wise, North America was the highest revenue generator in 2023.

Competition Analysis

The leading players operating in the global 1,4 butanediol market include DCC, BASF SE, Otto Chemie Pvt. Ltd., NOVEL CHEM, Suvchem, Henan GP Chemicals Co.,Ltd, Tokyo Chemical Industry Co., Ltd. (TCI), Univar Solutions LLC, Genomatica, Inc., and Shandong LanDian Biological Technology Co., LTD. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

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Manufacturing Capacity
Investment Opportunities
Technology Trend Analysis
Market share analysis of players by products/segments
Pain Point Analysis
Patient/epidemiology data at country, region, global level
Regulatory Guidelines
Strategic Recommendations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Product Type

Synthetic
Bio-based

By Application

Gamma butyrolactone (GBL)
Polyurethane (PU)
Tetrahydrofuran (THF)
Polybutylene terephthalate (PBT)
Others

By End-Use Industry

Automotive
Pharmaceutical
Electrical and Electronics
Personal Care and Cosmetics
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

DCC
BASF SE
Otto Chemie Pvt. Ltd.
NOVEL CHEM
Suvchem
Henan GP Chemicals Co.,Ltd
Tokyo Chemical Industry Co., Ltd. (TCI)
Univar Solutions LLC
Genomatica, Inc.
Shandong LanDian Biological Technology Co., LTD.

Product Code: A11555

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: 1, 4 BUTANEDIOL MARKET, BY PRODUCT TYPE

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Product Type
4.2. Synthetic
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
4.3. Bio-based
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country

CHAPTER 5: 1, 4 BUTANEDIOL MARKET, BY APPLICATION

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Application
5.2. Gamma Butyrolactone (GBL)
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
5.3. Polyurethane (PU)
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. Tetrahydrofuran (THF)
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
5.5. Polybutylene Terephthalate (PBT)
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
5.6. Others
- 5.6.1. Key Market Trends, Growth Factors and Opportunities
- 5.6.2. Market Size and Forecast, By Region
- 5.6.3. Market Share Analysis, By Country

CHAPTER 6: 1, 4 BUTANEDIOL MARKET, BY END-USE INDUSTRY

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By End-use Industry
6.2. Automotive
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
6.3. Pharmaceutical
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
6.4. Electrical And Electronics
- 6.4.1. Key Market Trends, Growth Factors and Opportunities
- 6.4.2. Market Size and Forecast, By Region
- 6.4.3. Market Share Analysis, By Country
6.5. Personal Care And Cosmetics
- 6.5.1. Key Market Trends, Growth Factors and Opportunities
- 6.5.2. Market Size and Forecast, By Region
- 6.5.3. Market Share Analysis, By Country
6.6. Others
- 6.6.1. Key Market Trends, Growth Factors and Opportunities
- 6.6.2. Market Size and Forecast, By Region
- 6.6.3. Market Share Analysis, By Country

CHAPTER 7: 1, 4 BUTANEDIOL MARKET, BY REGION

7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Product Type
- 7.2.3. Market Size and Forecast, By Application
- 7.2.4. Market Size and Forecast, By End-use Industry
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. 1, 4 Butanediol Market
  - 7.2.6.1. Market Size and Forecast, By Product Type
  - 7.2.6.2. Market Size and Forecast, By Application
  - 7.2.6.3. Market Size and Forecast, By End-use Industry
- 7.2.7. Canada 1, 4 Butanediol Market
  - 7.2.7.1. Market Size and Forecast, By Product Type
  - 7.2.7.2. Market Size and Forecast, By Application
  - 7.2.7.3. Market Size and Forecast, By End-use Industry
- 7.2.8. Mexico 1, 4 Butanediol Market
  - 7.2.8.1. Market Size and Forecast, By Product Type
  - 7.2.8.2. Market Size and Forecast, By Application
  - 7.2.8.3. Market Size and Forecast, By End-use Industry
7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Product Type
- 7.3.3. Market Size and Forecast, By Application
- 7.3.4. Market Size and Forecast, By End-use Industry
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. Germany 1, 4 Butanediol Market
  - 7.3.6.1. Market Size and Forecast, By Product Type
  - 7.3.6.2. Market Size and Forecast, By Application
  - 7.3.6.3. Market Size and Forecast, By End-use Industry
- 7.3.7. UK 1, 4 Butanediol Market
  - 7.3.7.1. Market Size and Forecast, By Product Type
  - 7.3.7.2. Market Size and Forecast, By Application
  - 7.3.7.3. Market Size and Forecast, By End-use Industry
- 7.3.8. France 1, 4 Butanediol Market
  - 7.3.8.1. Market Size and Forecast, By Product Type
  - 7.3.8.2. Market Size and Forecast, By Application
  - 7.3.8.3. Market Size and Forecast, By End-use Industry
- 7.3.9. Spain 1, 4 Butanediol Market
  - 7.3.9.1. Market Size and Forecast, By Product Type
  - 7.3.9.2. Market Size and Forecast, By Application
  - 7.3.9.3. Market Size and Forecast, By End-use Industry
- 7.3.10. Italy 1, 4 Butanediol Market
  - 7.3.10.1. Market Size and Forecast, By Product Type
  - 7.3.10.2. Market Size and Forecast, By Application
  - 7.3.10.3. Market Size and Forecast, By End-use Industry
- 7.3.11. Rest of Europe 1, 4 Butanediol Market
  - 7.3.11.1. Market Size and Forecast, By Product Type
  - 7.3.11.2. Market Size and Forecast, By Application
  - 7.3.11.3. Market Size and Forecast, By End-use Industry
7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Product Type
- 7.4.3. Market Size and Forecast, By Application
- 7.4.4. Market Size and Forecast, By End-use Industry
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. China 1, 4 Butanediol Market
  - 7.4.6.1. Market Size and Forecast, By Product Type
  - 7.4.6.2. Market Size and Forecast, By Application
  - 7.4.6.3. Market Size and Forecast, By End-use Industry
- 7.4.7. India 1, 4 Butanediol Market
  - 7.4.7.1. Market Size and Forecast, By Product Type
  - 7.4.7.2. Market Size and Forecast, By Application
  - 7.4.7.3. Market Size and Forecast, By End-use Industry
- 7.4.8. Japan 1, 4 Butanediol Market
  - 7.4.8.1. Market Size and Forecast, By Product Type
  - 7.4.8.2. Market Size and Forecast, By Application
  - 7.4.8.3. Market Size and Forecast, By End-use Industry
- 7.4.9. South Korea 1, 4 Butanediol Market
  - 7.4.9.1. Market Size and Forecast, By Product Type
  - 7.4.9.2. Market Size and Forecast, By Application
  - 7.4.9.3. Market Size and Forecast, By End-use Industry
- 7.4.10. Australia 1, 4 Butanediol Market
  - 7.4.10.1. Market Size and Forecast, By Product Type
  - 7.4.10.2. Market Size and Forecast, By Application
  - 7.4.10.3. Market Size and Forecast, By End-use Industry
- 7.4.11. Rest of Asia-Pacific 1, 4 Butanediol Market
  - 7.4.11.1. Market Size and Forecast, By Product Type
  - 7.4.11.2. Market Size and Forecast, By Application
  - 7.4.11.3. Market Size and Forecast, By End-use Industry
7.5. LAMEA
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Product Type
- 7.5.3. Market Size and Forecast, By Application
- 7.5.4. Market Size and Forecast, By End-use Industry
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Brazil 1, 4 Butanediol Market
  - 7.5.6.1. Market Size and Forecast, By Product Type
  - 7.5.6.2. Market Size and Forecast, By Application
  - 7.5.6.3. Market Size and Forecast, By End-use Industry
- 7.5.7. Saudi Arabia 1, 4 Butanediol Market
  - 7.5.7.1. Market Size and Forecast, By Product Type
  - 7.5.7.2. Market Size and Forecast, By Application
  - 7.5.7.3. Market Size and Forecast, By End-use Industry
- 7.5.8. South Africa 1, 4 Butanediol Market
  - 7.5.8.1. Market Size and Forecast, By Product Type
  - 7.5.8.2. Market Size and Forecast, By Application
  - 7.5.8.3. Market Size and Forecast, By End-use Industry
- 7.5.9. Rest of LAMEA 1, 4 Butanediol Market
  - 7.5.9.1. Market Size and Forecast, By Product Type
  - 7.5.9.2. Market Size and Forecast, By Application
  - 7.5.9.3. Market Size and Forecast, By End-use Industry

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. DCC
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
9.2. BASF SE
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
9.3. Otto Chemie Pvt. Ltd.
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
9.4. NOVEL CHEM
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
9.5. Suvchem
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
9.6. Henan GP Chemicals Co., Ltd
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
9.7. Tokyo Chemical Industry Co., Ltd. (TCI)
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
9.8. Univar Solutions LLC
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
9.9. Genomatica, Inc.
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments
9.10. Shandong LanDian Biological Technology Co., LTD.
- 9.10.1. Company Overview
- 9.10.2. Key Executives
- 9.10.3. Company Snapshot
- 9.10.4. Operating Business Segments
- 9.10.5. Product Portfolio
- 9.10.6. Business Performance
- 9.10.7. Key Strategic Moves and Developments