PUBLISHER: IMARC | PRODUCT CODE: 1541215
PUBLISHER: IMARC | PRODUCT CODE: 1541215
1,4 Butanediol Market Report by Type, Derivative (Tetrahydrofuran, Polybutylene Terephthalate, Gamma-Butyrolactone, Polyurethane, and Others), End Use Industry, and Region 2024-2032
The global 1,4 butanediol market size reached US$ 7.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.57% during 2024-2032.
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 2024-2032. 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 2023?
- 2. What is the expected growth rate of the global 1,4 butanediol market during 2024-2032?
- 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?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global 1,4 Butanediol Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Synthetic
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Bio-based
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Derivative
- 7.1 Tetrahydrofuran (THF)
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Polybutylene Terephthalate (PBT)
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Gamma-Butyrolactone (GBL)
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Polyurethane (PU)
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End Use Industry
- 8.1 Textile
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Automotive
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Healthcare and Pharmaceutical
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Electrical and Electronics
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North 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
- 9.1.1 United States
- 9.2 Asia-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
- 9.2.1 China
- 9.3 Europe
- 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
- 9.3.1 Germany
- 9.4 Latin 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
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Ashland Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 BASF SE
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 China 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
- 14.3.4 Dairen Chemical Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Genomatica Inc
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 KH Chemicals BV (Ravago S.A.)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Lanxess AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 LyondellBasell 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
- 14.3.9 Mitsubishi 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
- 14.3.10 Nan 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
- 14.3.11 Shanxi Sanwei Group Co. Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Sipchem Company
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Xinjiang Blue Ridge Tunhe Sci.&Tech. Co. Ltd.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.1 Ashland Inc.
List of Figures
- Figure 1: Global: 1,4 Butanediol Market: Major Drivers and Challenges
- Figure 2: Global: 1,4 Butanediol Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: 1,4 Butanediol Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: 1,4 Butanediol Market: Breakup by Type (in %), 2023
- Figure 5: Global: 1,4 Butanediol Market: Breakup by Derivative (in %), 2023
- Figure 6: Global: 1,4 Butanediol Market: Breakup by End Use Industry (in %), 2023
- Figure 7: Global: 1,4 Butanediol Market: Breakup by Region (in %), 2023
- Figure 8: Global: 1,4 Butanediol (Synthetic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: 1,4 Butanediol (Synthetic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: 1,4 Butanediol (Bio-based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: 1,4 Butanediol (Bio-based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: 1,4 Butanediol (Tetrahydrofuran (THF)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: 1,4 Butanediol (Tetrahydrofuran (THF)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: 1,4 Butanediol (Polybutylene Terephthalate (PBT)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: 1,4 Butanediol (Polybutylene Terephthalate (PBT)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: 1,4 Butanediol (Gamma-Butyrolactone (GBL)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: 1,4 Butanediol (Gamma-Butyrolactone (GBL)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: 1,4 Butanediol (Polyurethane (PU)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: 1,4 Butanediol (Polyurethane (PU)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: 1,4 Butanediol (Other Derivatives) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: 1,4 Butanediol (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: 1,4 Butanediol (Textile) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: 1,4 Butanediol (Textile) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: 1,4 Butanediol (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: 1,4 Butanediol (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: 1,4 Butanediol (Healthcare and Pharmaceutical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: 1,4 Butanediol (Healthcare and Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: 1,4 Butanediol (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: 1,4 Butanediol (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: 1,4 Butanediol (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: 1,4 Butanediol (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: North America: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: North America: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: United States: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: United States: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Canada: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Canada: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Asia-Pacific: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Asia-Pacific: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: China: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: China: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Japan: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Japan: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: India: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: India: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: South Korea: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: South Korea: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Australia: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Australia: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Indonesia: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Indonesia: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Others: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Others: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Europe: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Europe: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Germany: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Germany: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: France: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: France: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: United Kingdom: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: United Kingdom: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Italy: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Italy: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Spain: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Spain: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Russia: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Russia: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Others: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Others: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Latin America: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Latin America: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Brazil: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Brazil: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Mexico: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Mexico: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Others: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Others: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Middle East and Africa: 1,4 Butanediol Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Middle East and Africa: 1,4 Butanediol Market: Breakup by Country (in %), 2023
- Figure 80: Middle East and Africa: 1,4 Butanediol Market Forecast: Sales Value (in Million US$), 2024-2032
- 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
List of Tables
- Table 1: Global: 1,4 Butanediol Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: 1,4 Butanediol Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: 1,4 Butanediol Market Forecast: Breakup by Derivative (in Million US$), 2024-2032
- Table 4: Global: 1,4 Butanediol Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
- Table 5: Global: 1,4 Butanediol Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: 1,4 Butanediol Market: Competitive Structure
- Table 7: Global: 1,4 Butanediol Market: Key Players
