Thursday, 10 December 2015

Global Market for 1,4-butanediol (1,4-BDO) is expected to reach USD 6,947.1 million by 2020



The global market for 1,4-butanediol (1,4-BDO) is expected to reach USD 6,947.1 million by 2020. Growth of footwear industry, mainly in Asia Pacific, is expected to drive the market for 1,4-BDO over the forecast period. In addition, 1,4-BDO is used for manufacturing tetrahydrofuran (THF) which is further used for manufacturing spandex, a raw material for sports apparel. Growing number of global sporting events is expected to augment sport apparel demand, which is likely to reflect in 1,4-BDO market. However, volatile raw material prices coupled with stringent environment regulations, mainly in North America and Europe is expected to be a key challenge for market participants over the next six years.


Further key findings from the study suggest:

The global market for 1,4-BDO was 1,954.5 kilo tons in 2013 and is expected to reach 2,713.7 kilo tons by 2020, growing at a CAGR of 4.8% from 2014 to 2020.
Asia Pacific dominated the global 1,4-BDO market and accounted for 55.6% of total market volume in 2013. Asia Pacific, along with being the largest market, is also expected to be the fastest growing market for 1,4-BDO, at an estimated CAGR of 5.1% from 2014 to 2020. Growth of footwear and sports apparel industries mainly in China, India and Indonesia on account of growing disposable income level in the nations is expected to spur growth for 1,4-BDO over the forecast period.
North America and Europe are fairly mature markets for 1,4-BDO and are expected to grow at a relatively lower growth rate over the forecast. The mature markets are largely driven by the green initiatives taken by the governments in collaboration with major industry participants to develop bio-based alternatives to 1,4-BDO.
The global market for 1,4-BDO is fairly concentrated with top four companies including BASF, Dairen Chemicals, Lyondell Chemicals and Shanxi Sanwei Group, which accounted for over 50% of total market in 2013. Also, established participants such as Mitsubishi Chemicals have been collaborating with biotechnology firms to develop bio-based BDO in order to achieve sustainability.

Table Of Content

Chapter 1 Executive Summary
                1.1 1, 4-Butanediol - Industry Summary & Critical Success Factors (CSFs)         

Chapter 2 1, 4-Butanediol Industry Outlook                                                 
                2.1 Market Segmentation                                         
                2.2 Market Size and Growth Prospects
                2.3 Value Chain Analysis                                          
                2.5 Key Opportunities Prioritized                                          

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Chapter 3 1, 4-Butanediol Application Outlook
                3.1 Tetrahydrofuran
                3.2 Polybutylene Terephthalate
                3.3 GBL
                3.4 Polyurethane
                3.5 Other

Chapter 4 1, 4-Butanediol Regional Outlook                                                
                4.1 North America                                        
                4.2 Europe
                4.3 Asia Pacific                                 
                4.4 RoW                                

Chapter 5 2, 3-Butanediol Industry Outlook                                                 
                5.1 Introduction                                              
                5.2 Global Synthetic 2, 3-Butanediol Market
                5.3 Bio-Based 2, 3-Butanediol                            

Chapter 6 1,4-Butanediol  Competitive Landscape
                6.1 BioAmber
                6.2 BASF
                6.3 ExxonMobil Chemicals
                6.4 Fushun Petrochemical
                6.5 International Specialty Products

Chapter 7 Methodology and Scope                                                  
                7.1 Research Methodology                                      
                7.2 Research Scope & Assumption                                     
                7.3 List of Data Sources


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