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marketsndata · 11 days

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1,4 Butanediol Market Size, Share and Growth Report, 2031

Global 1,4 butanediol market size was valued at USD 8.1 billion in 2023, which is expected to grow to USD 16.15 billion in 2031 with a CAGR of 9% during the forecast period between 2024 and 2031. The paints and coatings segment held a prominent share in the global 1,4 butanediol market in 2022. For instance, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), in 2022, the global paints and coatings industry was valued at USD 179.7 billion, representing a year-on-year growth rate of 3.1%.

Asia-Pacific held the dominant market position in the global 1,4 butanediol industry in 2022. According to Akzo Nobel India, a leading paints and coatings market in India, the paints and coatings market in India will reach USD 12.1 billion by 2027.

The benefits of 1,4 butanediol (BDO) in tetrahydrofuran (THF) production include its role as a key intermediate in the synthesis of various high-value polymers and fibers, as well as its use as a universal solvent and raw material for organic synthesis. Therefore, due to the various benefits offered by 1,4 butanediol, its adoption is increasing in THF production, which is a prime aspect augmenting the growth of the market. Additionally, the growth of the paints and coatings industry is accredited to factors such as an increase in the renovation rate, the recent expansion of paints and coatings manufacturing facilities, and a rise in residential construction activities. As a result, the advancing paints and coatings sector is boosting the demand for 1,4 butanediol (BDO) as it is a key ingredient in the paints and coatings product manufacturing. Henceforth, the surge in the demand for 1,4 butanediol (BDO) is supplementing the market growth.

The ongoing product development associated with bio-based 1,4 butanediol will create a favorable outlook for market growth in the long run. For instance, BASF SE has obtained long-term access to bio-based 1,4-butanediol (BDO) from Qore LLC, a joint venture of Cargill and HELM AG. Qore will produce the biobased BDO at Cargill’s biotechnology campus and corn refining operation in Iowa. This collaboration will allow BASF to expand its existing offer of BDO derivatives with bio-based variants, such as polytetramethylene ether glycol (polytetrahydrofuran, PolyTHF) and THF. The first commercial quantities will be available in Q1 2025. Nevertheless, health concerns associated with 1,4 butanediol are restraining the growth of the market.

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Rising Adoption of 1,4 Butanediol in THF is Accelerating the Market Growth

The production of THF from 1,4 butanediol offers a sustainable and environmentally friendly approach, particularly when bio-based methods are employed for the synthesis of 1,4 butanediol and THF. These bio-based processes contribute to the development of low-carbon and energy-efficient production methods, aligning with the principles of green chemistry. The rising adoption of 1,4 butanediol in the production of THF is attributed to the growing demand for THF in various applications such as the manufacturing of plastics, pharmaceuticals, and textiles. The increased use of THF in the above-mentioned industries has led to a higher demand for 1,4 butanediol as a key raw material for its production. This trend is expected to continue as these industries expand, driving the adoption of 1,4 butanediol for THF production.

For instance, according to the recent statistics published by Plastics Europe, a global association for plastics production, in 2021, the total global level of plastics production was 394 million tons, and in 2022, it was 400.3 million tons, an increase of 1.6%.

Ongoing Development of New Lithium-ion Manufacturing Facilities Spurring the Market Growth

1,4 butanediol (BDO) is used in electrodes for lithium-ion battery manufacturing. The increasing adoption of electric vehicles and the development of new electronics manufacturing facilities will propel the deployment of lithium-ion batteries. As a result, lithium-ion battery manufacturers are leveraging their investments for the new manufacturing facility development, which will create a lucrative opportunity for market growth in the coming years as the demand for 1,4 butanediol (BDO) will increase in electrodes.

For instance, in January 2024, Arizona KOREPlex, a battery manufacturer in the United States, announced its plans to open a new lithium-ion battery manufacturing facility in Arizona, United States. In November 2023, Forge Nano, Inc., a prominent materials science company in the United States announced its plans to launch a new lithium-ion battery manufacturing facility in North Carolina, United States. The overall investment cost of the lithium-ion battery manufacturing facility is more than USD 165 million. In addition, in September 2023, Gotion High-tech Co Ltd announced the development of a USD 2 billion lithium-ion battery manufacturing facility in Illinois, the United States by 2024.

Booming Paints and Coatings Sector is Fostering the Market Growth

The key technical properties associated with 1,4 butanediol include a molar mass of 90.122 g·mol−1, density at 1.0171 g/cm3 (20 °C), melting point of 20.1 °C (68.2 °F; 293.2 K), boiling point at 235 °C (455 °F; 508 K), and miscible solubility in water. Thus, 1,4 butanediol (BDO) is an important component in the production of paints and coatings. The 1,4 butanediol is ideal for paints and coatings products such as industrial, surface, and special purpose paints and coatings. The increasing demand for architectural paints and coatings, rising construction activities, and the surging spending power of people are the key determinants spurring the paints and coatings market growth.

For instance, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), the Asia-Pacific paints and coatings market was the leading region, valued at USD 63 billion in 2022. China dominated the Asia-Pacific regional market, which grew at a CAGR of 5.8%. The European region was the second largest market for the paints and coatings industry, valued at USD 42.37 billion in 2022. In addition, the North American paints and coatings sector was the third largest market in the global ranking, valued at USD 33.92 billion in 2022. Hence, the booming paints and coatings industry is driving the demand for 1,4 butanediol worldwide as a cross-linking agent, thereby accelerating the market growth.

The Dominance of the Asia-Pacific Region in the Overall Market

Asia-Pacific is experiencing rapid growth in various industries, such as textiles, electronics, and automotive, which are major consumers of 1,4 butanediol, thereby driving the revenue growth of the market. Also, the Asia-Pacific region offers low-cost labor and resources, making it an attractive destination for 1,4 butanediol. Therefore, Asia-Pacific countries, such as India, China, and Japan, are the major hubs for manufacturing 1,4 butanediol.

Factors, such as the development of new manufacturing facilities for the production of lithium-ion batteries, increasing production of plastics, and surging output for adhesives and sealants, among others, are mainly accelerating the growth of the 1,4 butanediol market across the Asia-Pacific region. For instance, according to the recent 2023 data published by Plastics Europe, the global production of plastics in 2022 was 400.3 million tons and the Asia-Pacific region was the dominant market, holding a share of 54% of the global plastics production. Furthermore, China held about 33% share in the global plastics production. Therefore, the booming end-use industries in the Asia-Pacific region are amplifying the growth of the 1,4 butanediol market.

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Future Market Scenario (2024 – 2031F)

· EVs are expected to experience a rise in their adoption in upcoming years. Due to this, the demand for lithium-ion batteries will also grow, in turn, influencing the market of 1,4 butanediol.

· As environmental concerns push for more sustainable technological solutions, green building initiatives will take place and further accelerate the market.

· Pharmaceutical industry growth will scatter the market demand for innovative and more use cases for 1,4 butanediol.

· Due to research and innovation in industrial grids, there will be more use cases of 1,4 butanediol in factories.

Report Scope

“1,4 Butanediol Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global 1,4 butanediol market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, opportunities and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/1-4-butanediol-market

Contact

Mr. Vivek Gupta 5741 Cleveland street, Suite 120, VA beach, VA, USA 23462 Tel: +1 (757) 343–3258 Email: [email protected] Website: https://www.marketsandata.com

#14 Butanediol Market #14 Butanediol Market Size #14 Butanediol Market Share

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vijay1225 · 1 month

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1, 4 Butanediol Market Competitive Landscape2033 2024

Overview and Scope 1,4-Butanediol is a colourless and water-soluble, thick fluid with a high point of boiling (230°C) at room temperature used as a source of gamma-hydroxybutyrate (GHB), a recreational drug with euphoric and sedative effects. It is also utilized in the synthesis of various organic compounds, especially the solvent oxolane (also known as tetrahydrofuran, or THF). It functions as a protic solvent, prodrug, and neurotoxin

Sizing and Forecast The 1, 4 butanediol market size has grown strongly in recent years. It will grow from $8.84 billion in 2023 to $9.61 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to demand from polybutylene terephthalate (pbt) production, growing textile industry usage, expansion in the automotive sector, increasing demand for tetrahydrofuran (thf), use in pharmaceutical and cosmetic products..

The 1, 4 butanediol market size is expected to see strong growth in the next few years. It will grow to $13.06 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to growth in bio-based 1,4 butanediol production, expanding end-use applications, rising demand for polyurethane, increased adoption in resin and coating formulations, focus on sustainable chemical production.. Major trends in the forecast period include market expansion in asia-pacific, technological advancements in production, fluctuations in raw material prices, innovation in product applications..

Segmentation & Regional Insights The 1, 4 butanediol market covered in this report is segmented –

1) By Type: Synthetic, Bio Based 2) By Application: Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma Butyrolactone (GBL), Polyurethane (PU), Others 3) By End-Use: Chemical, Sports, Automotive, Electronic, Footwear, Others

Asia-Pacific was the largest region in the 1,4 butanediol market in 2023. The regions covered in the 1, 4 butanediol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Driver Impacting Market Growth The increasing automotive sector is expected to propel the growth of the 1,4-butanediol market in the coming future. The automotive sector encompasses businesses involved in the creation, distribution, sale, and upkeep of automobiles. In automotive sector, the manufacture of vehicle’s bumpers, fenders, spoilers, and automobile front and rear end fascia require urethane elastomers made from 1,4-butanediol. Thus, the increasing demand from the automotive sector boosts the expansion of the 1,4-butanediol market. For instance, in March 2022, according to the European Automobile Manufacturers Association, a Belgium-based association that integrates Europe's 14 largest auto, truck, van, and bus manufacturers, over 6.3 million passenger automobiles were produced at US auto facilities in 2021, an increase of 3.1% from the preceding year. Therefore, the increasing automotive sector is driving the 1,4-butanediol market.

Key Industry Players Major companies operating in the 1, 4 butanediol market report are BioAmber Inc., BASF SE, Ashland Global Holdings Inc., Mitsubishi Chemical Corporation, SK Global Chemical Co Ltd., Dairen Chemical Corporation, LyondellBasell Industries NV, Dow Inc., Genomatica Inc., Xinjiang Tianye Co Ltd., ExxonMobil Corporation, Koch Industries, PTT Global Chemical Public Company Limited, Saudi International Petrochemical Company, Chemtura Corporation, Chongqing Jianfeng Chemical Co Ltd., Royal Dutch Shell PLC, Mitsui & Co Ltd., DCC plc., Nan Ya Plastics Corporation, Sinopec Yizheng Chemical Fibre Company Limited, Shanxi Sanwei Group Co. Ltd., Invista S.à r.l., Nanjing Bluestar Co. Ltd., Oxea GmbH, TCC Group, Formosa Plastics Corporation, International Specialty Products, Huntsman Corporation, Myriant Corporation, Davy Process Technology .

The 1, 4 butanediol market report table of contents includes:

1. Executive Summary

2. 1, 4 Butanediol Market Characteristics

3. 1, 4 Butanediol Market Trends And Strategies

4. 1, 4 Butanediol Market - Macro Economic Scenario

5. Global 1, 4 Butanediol Market Size and Growth

. . .

31. Global 1, 4 Butanediol Market Competitive Benchmarking

32. Global 1, 4 Butanediol Market Competitive Dashboard

33. Key Mergers And Acquisitions In The 1, 4 Butanediol Market

34. 1, 4 Butanediol Market Future Outlook and Potential Analysis

35. Appendix

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jayanthitbrc · 2 months

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Navigating the Competitive Landscape: Polybutylene Terephthalate (PBT) Market Trends and Competitive Intelligence

Overview and Scope Polybutylene terephthalate refers to a high molecular semicrystalline engineering thermoplastic and a powerful, extremely crystalline synthetic resin created by the polymerization of terephthalic acid with butanediol. Sizing and Forecast The polybutylene terephthalate (pbt) market size has grown strongly in recent years. It will grow from $2.38 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The polybutylene terephthalate (pbt) market size is expected to see strong growth in the next few years. It will grow to $3.15 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/polybutylene-terephthalate-pbt-global-market-report Segmentation & Regional Insights The polybutylene terephthalate (pbt) market covered in this report is segmented – 1) By Type: Reinforced Polybutylene Terephthalate, Unreinforced Polybutylene Terephthalate 2) By Processing Method: Injection Molding, Extrusion, Blow Molding, Other Processing Methods 3) By End-User Industry: Automotive, Extrusion, Electrical And Electronics, Other End-User Industries Asia-Pacific was the largest region in the polybutylene terephthalate market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polybutylene terephthalate (pbt) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=8457&type=smp Major Driver Impacting Market Growth The growing automotive industry is expected to propel the growth of the polybutylene terephthalate market going forward. The automotive industry refers to all those companies and activities involved in the manufacturing of motor vehicles, including most components, such as engines and bodies. Polybutylene terephthalate provides good durability under thermal stress and/or harsh chemical environments, particularly in automotive under-the-hood applications. Key Industry Players Major companies operating in the polybutylene terephthalate (pbt) market report are Celanese Corporation, Evonik Industries AG, Saudi Basic Industries Corporation, BASF SE, Chang Chun Group, DuPont de Nemours Inc., Lanxess AG, Koninklijke DSM N.V., Nan Ya Plastics Corporation. The polybutylene terephthalate (pbt) market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: [email protected] Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

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namansharma0950 · 2 months

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부탄디올 가격 모니터링, 분석, 뉴스, 동향 및 예측 | 애널리스트 코리아

APAC: APAC 지역의 부탄디올 시장은 2023년 4분기에 축제 이후 꾸준한 공급과 수요 감소를 특징으로 하는 안정을 경험하여 전반적인 가격 안정을 가져왔습니다. 그러나 중국 BDO 시장은 거래자들의 신중한 거래와 전방 부문의 수요 약세로 인해 1% 안팎의 마이너스 성장을 기록했다. 중국의 건설 및 시멘트 부문에서 압력이 지속되어 시장에 더욱 영향을 미쳤습니다. 인도가 계획 단계를 제외하고 신규 석탄발전소 건설에 대해 5년간 유예를 선언한 것도 부탄디올 다운스트림 수요에 영향을 미쳤다. 한국은 주로 아시아 시장의 낮은 거래 활동으로 인해 0.7% 감소하여 가격 변동성이 가장 높았습니다. 국내 물가 동향은 전년 동기 대비 11%, 전분기 대비 15% 감소하는 등 마이너스 흐름을 이어갔다. 하반기 가격은 상반기 대비 10% 하락했다. 2023년 4분기 한국 부탄디올의 최신 가격은 USD 1352/MT로 부탄디올 현물(부산 제외)이었습니다.

실시간 부탄디올 가격 확인 : https://www.analystkorea.com/Pricing-data/butanediol-bdo-33

North America:

북미 부탄디올 시장은 다양한 요인으로 인해 2023년 4분기 내내 큰 변동을 보였습니다. 말레산 무수물, 벤젠 등 공급원료의 공급 제한으로 인해 생산 비용이 증가해 전체 시장 가격이 상승했습니다. 건설 및 페인트 부문의 느린 반등과 함께 전방 산업의 적당한 수요도 시장 역학에 영향을 미쳤습니다. 더욱이 겨울 방학을 앞두고 시장 문의가 줄어든 것도 수요 감소에 한몫했다. 주택담보대출 금리 상승과 공급 제한 등 미국 주택시장 여건이 부탄디올 수요에 부정적인 영향을 미쳤다. 원료 가격 변동성과 수요 부진에도 불구하고 미국 시장 전체 부탄디올 가격은 안정세를 유지했다. 공장 가동 중단은 보고되지 않았습니다. 원재료 가격 하락으로 미국 부탄디올 가격 추세가 하락세를 이어가며 생산원가가 상승했다. 미국의 상관관계 가격 비율은 마이너스(-)로 분기 내내 가격이 하락했음을 나타냅니다. 전분기와 하반기 가격비율 비교에서는 큰 차이가 없었다. 이번 분기 미국 1-4 부탄디올 DEL 텍사스의 종가는 $1578/MT였습니다.

Europe: 유럽 부탄디올 시장은 2023년 4분기에도 안정적인 수입을 유지하고 신규 수요 부족으로 가격이 안정세를 유지했다. 아시아 시장의 경쟁이 심화되어 가격 안정성이 더욱 높아졌습니다. 건설 부문의 약세와 수요 부족은 가격이 하락한 독일의 전반적인 가격 역학에 중요한 역할을 했습니다. 독일 소비자물가지수는 물가상승률 하락세를 보였고, 이탈리아 기업 사기는 4개월 연속 하락해 2021년 이후 최저치를 기록했다. 그러나 영국 시장 부탄디올 가격은 공급재고 1.5% 증가에도 불구하고 안정세를 유지했다. 공장 가동 중단은 보고되지 않았습니다. 독일의 1,4-부탄디올 DDP 프랑크푸르트 가격은 1788/MT였습니다. 독일의 가격 추세는 분기 내내 안정적으로 유지되었으며 중요한 추세나 계절성은 관찰되지 않았습니다. 전년 동기 대비 가격 변동은 없었고, 전분기 대비 변동률은 1%였다. 전분기와 하반기 가격비율 비교에는 큰 변화가 없었다. 유럽 부탄디올 시장은 전반적으로 이번 분기 동안 큰 변화 없이 안정세를 유지했다.

실시간 부탄디올 가격 확인 : https://www.analystkorea.com/Pricing-data/butanediol-bdo-33

About Us:

Chem Analyst Korea은 12개 이상의 국가에서 화학 가격을 제공하는 선두 업체입니다.우리 회사는 대화식 대시보드에서 화학 물질의 거의 실시간 가격을 추적하고자 하는 전 세계 구매 관리자와 전략 전문가들 사이에서 선호하는 가격 공급 업체로 부상했습니다.PDFs로 데이터를 제공하는 ICIS, IHS&S&P 플랫폼 등 대부분의 경쟁사와 달리 의뢰인에게 실시간에 가까운 업데이트를 제공하는 온라인 플랫폼에서 데이터를 제공합니다..우리 회사는 사용자가 수년간 250개 이상의 화학 제품의 과거 가격을 추적할 수 있는 독점 알고리즘을 개발했습니다. 모든 것이 온라인으로 이루어지기 때문에 사용자는 다른 나라의 가격을 비교할 수 있을 뿐만 아니라, 데이터를 재생하는 여러 그래프를 만들어 놀라운 통찰력을 얻을 수 있습니다. 사용자는 각 국가의 여러 포트에 걸쳐 CIF, CFR 및 Ex Works 등급에 따라 가격에 액세스할 수 있습니다.

Chem Analyst Korea는 또한 생산, 수요, 공급, 공장 가동률, 수입, 수출, 공급업체, 고객 등 1,000개 이상의 화학 제품에 대한 시장 분석을 제공합니다.우리 회사는 고객이 버튼을 클릭하여 이 모든 데이터에 즉시 액세스할 수 있는 온라인 대화형 대시보드를 만들었습니다.사용자는 과거 예측뿐만 아니라 단기 및 장기 미래 예측도 분석할 수 있습니다. 이 회사는 20개 이상의 국가에 고품질의 신뢰할 수 있는 시장 분석 데이터를 제공하기 위해 현지 현장 팀에 액세스할 수 있습니다. Chem Analyst Korea는 모든 데이터 요구사항을 충족하는 원스톱 솔루션입니다. 포괄적인 온라인 플랫폼을 사용하여 전 세계 고객의 데이터와 통찰력을 지원하기 위해 노력하고 있습니다.

Chem Analyst Korea은 종합적인 정성 및 정량적 방법론을 사용하여 전 세계 고객의 시장 조사 요구를 지원하기 위해 노력하고 있습니다. 이 관리 팀은 업계에서 가장 잘 훈련된 업계 분석가와 북미 및 아시아 태평양 지역의 사무소에서 온 컨설턴트로 구성되어 있으며, 전 세계 고객에게 항상 서비스를 제공할 준비가 되어 있습니다.

#부탄디올 가격

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