1, 4-Butanediol Market
1, 4-Butanediol Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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1, 4-Butanediol Market Size and Growth
The 1, 4-Butanediol market is experiencing steady growth, driven by its applications in pharmaceuticals, textiles, and plastics. The global market size is estimated to reach approximately $3 billion by 2025, with increasing demand from key industries fueling expansion. Market conditions show a trend towards sustainable production practices.
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Dairen Chemical
◍ Lyondellbasell
◍ Ashland
◍ Nanya Plastics Corporation
◍ Mitsubishi Chemical Corporation
◍ INVISTA
◍ MarkorChem
◍ Xinjiang Tianye
◍ Changcheng Energy
◍ Shanxi Sanwei Group
◍ Shanxi BidiOu
◍ Sichuan Tianhua
◍ Henan Kaixiang Fine Chemical
◍ HNEC
◍ TunHe
The 1,4-Butanediol market includes key players like BASF, Dairen Chemical, and LyondellBasell, which supply BDO for applications in plastics, textiles, and solvents. Companies like Mitsubishi Chemical and INVISTA enhance market growth through innovation and sustainable practices. Sales figures for select companies include:
- BASF: $78 billion (2022) - LyondellBasell: $15 billion (2022)
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Market Segmentation
By Application
◍ Tetrahydrofuran (THF)
◍ Polybutylene Terephthalate (PBT)
◍ Gamma-Butyrolactone (GBL)
◍ Polyurethanes (PU)
◍ Others
By Product
◍ Reppe Process
Davy Process
Butadiene Process
Propylene Oxide Process
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Market Growth
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$ X Billion USD
