1,4Butanediol(BDO) Market
1,4-Butanediol(BDO) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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1,4-Butanediol(BDO) Market Size and Growth
The 1,4-Butanediol (BDO) market is experiencing steady growth, driven by increasing demand in applications such as plastics, solvents, and pharmaceuticals. As of 2023, the market size is estimated at approximately USD 3 billion, with a projected CAGR of around 5% over the next five years, reflecting strong industrial demand and innovation.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Dairen Chemical Corp.
◍ Lyondellbasell
◍ Ashland
◍ Nanya Plastics Corporation
◍ Mitsubishi Chemical Corporation
◍ INVISTA
◍ Shanxi Sanwei Group
◍ MarkorChem
◍ Yunnan Yunwei Group
◍ YCF
◍ Fujian Meizhouwan
◍ Shanxi Bidiou
◍ Henan Hemei
The 1,4-Butanediol market features major players like BASF, Dairen Chemical, and LyondellBasell, focusing on applications in textiles, plastics, and pharmaceuticals. These companies enhance market growth through innovation and expanded production. Sales revenues include BASF at approximately $86 billion and LyondellBasell around $13 billion, boosting industry dynamics and competition.
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Market Segmentation
By Application
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By Product
Market Growth
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$ X Billion USD
