Butane-1,4Dicarboxylic Acid
Market
Butane-1,4-Dicarboxylic Acid Market Scope: Industry Analysis, Market Size, Growth, Trends Till
2031
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Butane-1,4-Dicarboxylic Acid Market Size and Growth
The Butane-1,4-Dicarboxylic Acid market is experiencing robust growth, driven by increasing demand in various applications, including pharmaceuticals and food additives. As of 2023, the market size is projected to reach approximately USD 150 million, with a compound annual growth rate (CAGR) of 5% over the next five years.
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Companies Covered
(Covid 19 Impact Covered)
◍ Invista
◍ Solvay
◍ Ascend
◍ BASF
◍ Radici
◍ Asahi Kasei
◍ Lanxess
◍ Haili
◍ Huafon
◍ Shenma Industrial
◍ Hualu Hengsheng
◍ Liaoyang Sinopec
◍ Hongye
◍ Tianli
◍ Yangmei Fengxi
◍ Zhejiang Shuyang
◍ Kailuan Group
The Butane-1,4-Dicarboxylic Acid market features key players like Invista, Solvay, and BASF, who leverage this compound in producing polyamides and resins. Their innovations and investment in R&D drive market growth. Notably, Ascend's sales reached $900 million, while BASF reported €60 billion in overall revenue, reflecting strong performance.
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Market Segmentation
By Application
◍ Nylon 6,6 ◍ Polyurethanes ◍ Adipic Esters
◍ Others
By Product
◍ Cyclohexane Oxidation
◍ Cyclohexene Oxidation
◍ Phenol Hydrogenation
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Market Growth
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$ X Billion USD
