PUBLISHER: Grand View Research | PRODUCT CODE: 1611721
PUBLISHER: Grand View Research | PRODUCT CODE: 1611721
The global 1,4 butanediol market size is expected to reach USD 13,407.6 million by 2030, registering a CAGR of 9.9% from 2025 to 2030, as per the new report by Grand View Research, Inc. 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.