Global 1,4 Butanediol Derivatives Market Size Study, by Derivative Type, by Application, by Functionality, by End User Industry, and Regional Forecasts 2022-2032

Description

The Global 1,4 Butanediol Derivatives Market is valued at approximately USD 5.72 billion in 2023 and is poised to experience robust growth with a compound annual growth rate (CAGR) of 3.94% over the forecast period from 2024 to 2032. The market revolves around the derivatives of 1,4 Butanediol (BDO), which serve as essential intermediates in producing advanced materials like polybutylene terephthalate, spandex, and thermoplastic polyurethanes. These derivatives play a critical role across various industries, including automotive, textiles, and healthcare, by enhancing product performance and functionality.

The upward trajectory of the market is driven by increasing demand for sustainable and high-performance materials in industries like textiles and automotive. BDO derivatives are widely employed in manufacturing eco-friendly solutions, replacing traditional plastics with biodegradable alternatives such as polybutylene succinate. This aligns with global environmental mandates and the industry's commitment to reducing carbon footprints. Moreover, advancements in processing technologies are fostering the efficient production of derivatives like gamma-butyrolactone and tetrahydrofuran, expanding their applications in pharmaceuticals and specialty chemicals.

The automotive industry has emerged as a major consumer of BDO derivatives, leveraging their utility in producing lightweight and durable materials for vehicle interiors and exteriors. With the global shift towards electric vehicles (EVs), the demand for innovative polymer solutions derived from BDO has surged. Concurrently, the healthcare and pharmaceutical sectors are integrating BDO-based solutions for drug delivery systems and medical equipment, further reinforcing market growth. However, market expansion is somewhat restrained by fluctuating raw material prices and the complex nature of BDO derivative production processes.

Regionally, North America commands a significant share of the 1,4 Butanediol Derivatives Market, driven by a well-established chemical manufacturing infrastructure and high adoption of advanced materials in the automotive and healthcare sectors. Meanwhile, Europe showcases rapid advancements in sustainable materials, supported by stringent environmental regulations and investments in research and development. The Asia-Pacific region is projected to witness the fastest growth during the forecast period, attributed to its burgeoning textile and automotive industries and increasing industrialization in countries like China and India.

Major market players included in this report are:

BASF SE
Mitsubishi Chemical Corporation
Ashland Global Holdings Inc.
INVISTA
SK Global Chemical Co., Ltd.
LyondellBasell Industries N.V.
Daicel Corporation
Genomatica, Inc.
Toray Industries, Inc.
Dairen Chemical Corporation
Kuraray Co., Ltd.
China National BlueStar (Group) Co., Ltd.
Sipchem (Saudi International Petrochemical Company)
Chang Chun Group
Nan Ya Plastics Corporation

The detailed segments and sub-segment of the market are explained below:

By Derivative Type

1,4-butanediol
Tetrahydrofuran
Gamma-butyrolactone
Polybutylene succinate
Butanediol-based solvents

By Application

Textiles
Automotive
Pharmaceuticals
Cosmetics
Plastics

By Functionality

Solvents
Intermediate Chemicals
Plasticizers
Additives

By End User Industry

Chemical Manufacturing
Consumer Goods
Automotive Industry
Healthcare
Textile Industry

By Region

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

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market estimates & forecasts for 10 years, from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Comprehensive geographical landscape with country-level analysis of major regions.
Competitive landscape with detailed insights on major market players.
Strategic recommendations for businesses to navigate the competitive environment.
Analysis of demand-side and supply-side market dynamics.

Chapter 1. Global 1,4 Butanediol Derivatives Market Executive Summary

1.1. Global 1,4 Butanediol Derivatives Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Derivative Type
- 1.3.2. By Application
- 1.3.3. By Functionality
- 1.3.4. By End User Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global 1,4 Butanediol Derivatives Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global 1,4 Butanediol Derivatives Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Sustainable Materials
- 3.1.2. Advancements in Processing Technologies
- 3.1.3. Growing Automotive Industry
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. Complex Production Processes
3.3. Market Opportunities
- 3.3.1. Expansion in Healthcare and Pharmaceutical Applications
- 3.3.2. Government Initiatives on Sustainable Materials
- 3.3.3. Growth in Consumer Goods Industry

Chapter 4. Global 1,4 Butanediol Derivatives Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global 1,4 Butanediol Derivatives Market Size & Forecasts by Derivative Type 2022-2032

5.1. Segment Dashboard
5.2. Global 1,4 Butanediol Derivatives Market: Derivative Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. 1,4-Butanediol
- 5.2.2. Tetrahydrofuran
- 5.2.3. Gamma-Butyrolactone
- 5.2.4. Polybutylene Succinate
- 5.2.5. Butanediol-Based Solvents

Chapter 6. Global 1,4 Butanediol Derivatives Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global 1,4 Butanediol Derivatives Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Textiles
- 6.2.2. Automotive
- 6.2.3. Pharmaceuticals
- 6.2.4. Cosmetics
- 6.2.5. Plastics

Chapter 7. Global 1,4 Butanediol Derivatives Market Size & Forecasts by Functionality 2022-2032

7.1. Segment Dashboard
7.2. Global 1,4 Butanediol Derivatives Market: Functionality Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Solvents
- 7.2.2. Intermediate Chemicals
- 7.2.3. Plasticizers
- 7.2.4. Additives

Chapter 8. Global 1,4 Butanediol Derivatives Market Size & Forecasts by End-use Industry 2022-2032

8.1. Segment Dashboard
8.2. Global 1,4 Butanediol Derivatives Market: End-use Industry Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. Chemical Manufacturing
- 8.2.2. Consumer Goods
- 8.2.3. Automotive Industry
- 8.2.4. Healthcare
- 8.2.5. Textile Industry

Chapter 9. Global 1,4 Butanediol Derivatives Market Size & Forecasts by Region 2022-2032

9.1. North America 1,4 Butanediol Derivatives Market
- 9.1.1. U.S. 1,4 Butanediol Derivatives Market
  - 9.1.1.1. Derivative Type Breakdown Size & Forecasts, 2022-2032
  - 9.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
- 9.1.2. Canada 1,4 Butanediol Derivatives Market
9.2. Europe 1,4 Butanediol Derivatives Market
- 9.2.1. UK 1,4 Butanediol Derivatives Market
- 9.2.2. Germany 1,4 Butanediol Derivatives Market
- 9.2.3. France 1,4 Butanediol Derivatives Market
- 9.2.4. Spain 1,4 Butanediol Derivatives Market
- 9.2.5. Italy 1,4 Butanediol Derivatives Market
- 9.2.6. Rest of Europe 1,4 Butanediol Derivatives Market
9.3. Asia-Pacific 1,4 Butanediol Derivatives Market
- 9.3.1. China 1,4 Butanediol Derivatives Market
- 9.3.2. India 1,4 Butanediol Derivatives Market
- 9.3.3. Japan 1,4 Butanediol Derivatives Market
- 9.3.4. Australia 1,4 Butanediol Derivatives Market
- 9.3.5. South Korea 1,4 Butanediol Derivatives Market
- 9.3.6. Rest of Asia-Pacific 1,4 Butanediol Derivatives Market
9.4. Latin America 1,4 Butanediol Derivatives Market
- 9.4.1. Brazil 1,4 Butanediol Derivatives Market
- 9.4.2. Mexico 1,4 Butanediol Derivatives Market
- 9.4.3. Rest of Latin America 1,4 Butanediol Derivatives Market
9.5. Middle East & Africa 1,4 Butanediol Derivatives Market
- 9.5.1. Saudi Arabia 1,4 Butanediol Derivatives Market
- 9.5.2. South Africa 1,4 Butanediol Derivatives Market
- 9.5.3. Rest of Middle East & Africa 1,4 Butanediol Derivatives Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. BASF SE
- 10.1.2. Mitsubishi Chemical Corporation
- 10.1.3. Ashland Global Holdings Inc.
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. BASF SE
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Mitsubishi Chemical Corporation
- 10.3.3. Ashland Global Holdings Inc.
- 10.3.4. INVISTA
- 10.3.5. SK Global Chemical Co., Ltd.
- 10.3.6. LyondellBasell Industries N.V.
- 10.3.7. Daicel Corporation
- 10.3.8. Genomatica, Inc.
- 10.3.9. Toray Industries, Inc.
- 10.3.10. Dairen Chemical Corporation
- 10.3.11. Kuraray Co., Ltd.
- 10.3.12. China National BlueStar (Group) Co., Ltd.
- 10.3.13. Sipchem (Saudi International Petrochemical Company)
- 10.3.14. Chang Chun Group
- 10.3.15. Nan Ya Plastics Corporation

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes