1,4 - Butanediol (BDO),
Polytetramethyle
ne Ether Glycol (PTMEG) And Spandex Market
1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) And Spandex Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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1,4
- Butanediol (BDO), Polytetramethylene
Ether Glycol
(PTMEG)
And Spandex Market Size and Growth
The 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex market is experiencing steady growth driven by increased demand in textiles and automotive sectors. The global market size is projected to reach approximately USD 5 billion by 2027, with a CAGR of around 5% due to sustainable and innovative applications.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Mitsui Chemicals, Inc.
◍ Ashland Inc.
◍ Genomatica
◍ DuPont
◍ Dow
◍ Toray
◍ Sipchem
◍ Lotte Chemical
◍ Indorama Synthetics
◍ LyondellBasell
◍ Dairen Chemicals
◍ Invista
◍ Nan Ya Plastics
The 1,4-Butanediol, PTMEG, and Spandex market features key players like BASF, DuPont, and Invista, focusing on innovative products and sustainable practices. These companies drive market growth through advanced manufacturing, research, and strategic partnerships, enhancing production efficiency and expanding applications.
**Sales Revenue Highlights:**
- BASF: $78 billion.
- DuPont: $14 billion.
- Invista: Estimated $7.2 billion.
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Market Segmentation
By Application
◍ Textiles ◍ Medical & Hygiene
◍ Automotive interiors
◍ Others
By Product
◍ Tetrahydrofuran (THF)
◍ Polybutylene terephthalate (PBT)
◍ Gamma-Butyrolactone (GBT)
◍ Polyurethane (PU)
◍ Others
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Market Growth
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$ X Billion USD
