The drivers of the industry are identified as high growth in developing regions, high demand in end-user industries, and high existing production capacities of 1,4-butanediol. Most of the production capacity of 1,4-butanediol exists in Asian region and high growth in their demand is mainly observed in developing countries. The high production capacities in the region also give flexibility to the manufacturers to scale up the production depending upon demand trends. The restraining factors are identified as raw material price volatility and high manufacturing cost of the 1,4-butanediol industry. The issues in the market are mainly pertaining to that of a maturing industry .i.e. steady growth in mature markets such as U.S. and Europe, and environmental concerns as well.
The industry players are following strategies such as consolidation and capacity expansion to address to the demands generated by end-user industries and developing countries. Global BDO market is highly concentrated. This can be mainly attributed to the barriers existed in the sourcing of production technology and raw materials. Few handful companies are dominating global BDO market. Moreover these companies are captively using large portion of their BDO produce in the manufacture of their downstream products. This has restricted outspread of this market across the globe.
This study on 1,4-butanediol market estimates its global demand and market value for 2013 and projects the expected demand and market value of the same by 2019. As a part of the quantitative analysis, the study segments the global market by technology and applications at country level with current market estimation and forecast till 2019. The countries covered in the report are the U.S., Germany, France, U.K., The Netherlands, China, Japan, Taiwan, India, South Korea and Malaysia. The segmentation by technology includes Reppe process, davy process, butadiene process, propylene oxide process and others; while on the basis of its application, the segmentation includes THF, PBT, GBL, PU, and others.
As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, and key issues in the market.
It also includes company profiling and competitive strategies adopted by various market players including BASF SE (Germany), Dairen Chemicals (Taiwan), LyondellBasell Chemicals (The Netherlands), Shanxi Sanwei Group (China), International Specialty Products (U.S.), Invista (U.S.), and Mitsubishi Chemicals (Japan), and so on.
Our reports have been used by over 10K customers, including:
The 1-Decene market is estimated to grow from USD 576 million in 2020 to USD 798 million by 2025, at a CAGR of 6.7%. The 1-Decene market is driven mainly by increasing demand for PAO-based synthetic lubriacnts. However, growth of group III base oil and volatalile raw material prices are expected to restrain market growth. The automobile...
The 1-decanol market size is estimated to grow from USD 198 million in 2020 to USD 264 million by 2025, at a CAGR of 5.9%. Market penetration of natural 1-decanol has risen in surfactant-based industries, such as personal care & cosmetics and soaps & detergents. Due to the COVID-19 outbreak, there is increased awareness regarding the use of...
The solvents market is projected to grow from USD 21.8 billion in 2020 to USD 30.0 billion by 2025, at a CAGR of 6.6% during the forecast period. Growth in the personal care, home care and pharmaceuticals sectors is expected to drive the demand for solvents during the forecast period. While stringent regulatory environment regarding the use...
The global metal cleaning chemical market size is projected to reach USD 16.5 billion by 2025 from USD 12.9 billion in 2020, at a CAGR of 5.0%. The growth is anticipated primarily due to development in Asia Pacific post COVID-19 recovery, coupled with the rise in the Industrial sector. The factors restraining the growth of this market are...
Increasing demand from personal care and industrial & domestic cleaning applications will drive the overall growth of the fatty alcohols market. The global fatty alcohols market size is expected to grow from USD 5.4 billion in 2020 to USD 7.0 billion by 2025, at a CAGR of 5.2%, during the forecast period. It is driven by various factors,...
Chemicals BRIC (Brazil, Russia, India, China) Industry Guide 2015-2024
The BRIC Chemicals industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading...
The chemical industry is the third largest in China, after textiles and machinery, and accounts for 10% of the country’s GDP, as well as for between 35% and 40% of the global demand growth for chemicals. China’s chemical industry is the second largest consumer, after the US, of basic chemical products - fully 45% of the total for Asia. However,...
“The high-growth application areas such as packaging, construction and automotive are driving the consumption of petrochemicals market “ The top 15 petrochemicals report is divided into three sub parts, basic petrochemicals, basic intermediate chemicals and basic polymers. The basic petrochemicals market was estimated at 2, 50,328.0...
Crude Oil Price
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.