Global Butanediol and Derivatives market cagr 8.4%

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Butanediol and Derivatives Market

Butanediol and Derivatives Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Butanediol and Derivatives Market Size and Growth

The Butanediol and Derivatives market is experiencing significant growth, driven by increasing demand across sectors like automotive, pharmaceuticals, and textiles. As of 2023, the market size is estimated to reach approximately $13 billion, with a projected CAGR of around 6% through 2030, reflecting strong trends in sustainability and innovation.

Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ Shanxi Sanwei Group

◍ Ashland

◍ Dairen Chemical Corp.

◍ INVISTA

◍ Lyondellbasell

◍ Yunnan Yunwei Group

◍ Mitsubishi Chemical Corporation

◍ Nanya Plastics Corporation

◍ MarkorChem

◍ BP Plc

◍ Chevron Phillips Chemical Company LLC

◍ BioAmber, Inc

◍ CITGO Petroleum Corporation

◍ Ashland, Inc

◍ Union Carbide Corporation

◍ Dow

◍ Shell Chemicals Limited

The Butanediol and derivatives market features key players like BASF, INVISTA, and LyondellBasell, leveraging their extensive production capabilities and innovations. These companies contribute to growth through diverse applications in chemicals and plastics. Notable revenues include BASF's €78.6 billion (2022) and Dow's $55 billion (2022). Request Sample Report

Market Segmentation

By Application

◍ Automobile Industry

◍ Aerospace

◍ Manufacturing Industry

◍ Other

By Product

◍ Butanediol

◍ Polyurethane

◍ Tetrahydrofuran

◍ N-Vinylpyrrolidone

◍ Polyvinylpyrrolidone

◍ Polybutylene Terephthalate

◍ Gamma-butyrolactone

◍ Polytetrahydrofuran

◍ N-Methyl-2-pyrrolidone

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Market Growth

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$ X Billion USD

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Global Butanediol and Derivatives market cagr 8.4% by ReportPrime - Issuu