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1,4 Butanediol Market Trends

Report ID: GMI6782
Published Date: Sep 2023
Report Format: PDF

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1,4 Butanediol Market Trends

There is a growing focus on sustainable production methods for BDO, including bio-based BDO derived from renewable feedstocks. Companies are exploring greener alternatives to traditional petrochemical-based BDO. Bio-based BDO production is gaining traction as it offers a more sustainable and environmentally friendly option. Manufacturers are investing in research and development to scale up bio-based BDO production.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for 1,4 butanediol value was around USD 6.5 billion in 2022 and is estimated to reach USD 15.9 billion by the end of 2032.

How is automotive sector driving the 1,4 butanediol industry?

U.S. 1,4 butanediol industry revenue was USD 3.9 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 owing to the continuous growth and innovations in the nation’s automotive sector, that fuels demand for BDO.

BASF SE Dairen Chemical Corporation, LyondellBasell Industries Holdings B.V., Mitsubishi Chemical Corporation, Invista, Sipchem (Saudi International Petrochemical Company), and Nanjing Bluestar Co., Ltd.