1,4 Bitanediol Market
1,4 Bitanediol Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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1,4 Bitanediol Market Size and Growth
The 1,4 Butanediol market is experiencing steady growth, driven by demand in the textiles, automotive, and pharmaceuticals sectors. As of 2023, the market size is estimated at approximately $X billion, with projections indicating continued expansion due to rising industrial applications and advancements in manufacturing technologies, alongside sustainability initiatives. Request Sample Report
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 features key players like BASF, Dairen Chemical, and LyondellBasell, who integrate 1,4 Butanediol into applications such as plastics, solvents, and fibers. Their innovation and production capacity drive market growth.
Sales revenues (selected companies):
- BASF: €78 billion (2022)
- INVISTA: $6.5 billion (2022)
- Mitsubishi Chemical Corporation: ¥2.6 trillion (2022)
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Market Segmentation
By Application
◍ Tetrahydrofuran (THF)
◍ Polybutylene Terephthalate (PBT)
◍ Gamma-Butyrolactone (GBL)
◍ Polyurethanes (PU)
By Product
◍ Reppe process ◍ Davy process ◍ Butadiene process ◍ Propylene oxide process
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Market Growth
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$ X Billion USD
