1,4-butenediol Market
1,4-butenediol Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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1,4-butenediol Market Size and Growth
The 1,4-butenediol market is experiencing growth driven by demand in industries like automotive, textiles, and pharmaceuticals. The market size was valued at approximately USD 1.2 billion in 2022, with expectations of reaching USD 1.9 billion by 2028, reflecting a CAGR of 7.5% due to expanding applications and evolving technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Ashland
◍ Jiayan Chemical
◍ Dezhou Tianyu Chemical
The 1,4-butenediol market features firms like Ashland, Jiayan Chemical, and Dezhou Tianyu Chemical, which produce and supply this intermediates for applications in plastics and textiles. Their innovation and capacity expansion drive market growth. Notably, Ashland's 2022 revenue reached $3.6 billion, highlighting sector demand and potential.
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Market Segmentation
By Application
◍ Medicine
◍ Pesticide
◍ Papermaking
◍ Electroplating Additives
◍ Others
By Product
◍ 1,4-butenediol(Fine)
◍ 1,4-butenediol(Crude)
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Market Growth
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$ X Billion USD
