Global 1, 4 Butanediol Market– Industry Trends and Forecast to 2025

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Global 1, 4 Butanediol Market
Global 1, 4 Butanediol Market is growing at a
CAGR of 8.01 from 2018 to 2025
The Global 1, 4 Butanediol Market is expected to
reach USD 14.04 billion by 2025, from USD 7.14
billion in 2017 growing at a CAGR of 8.01 during
the forecast period of 2018 to 2025. The upcoming
market report contains data for historic year
2016, the base year of calculation is 2017 and
the forecast period is 2018 to 2025.
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Report Description
1,4 Butanediol is a colourless and organic
chemical compound with a high boiling point and
is derived from butane. It is used for the
manufacturing of Poly Butylene Terephthalate
(PBT), Gamma Butyrolactone (GBL),
Tetrahydrofuran, Polyurethanes. 1,4 butanediol
compound finds a wide industrial application in
the production of plastic, fibers, and solvent.
According to Oxea, in 2018, 60,000 metric ton of
dioctyl terephthalate which is a general purpose
non-ortho-phthalate plasticizer was targeted to
be produced on annually basis. As per the Outlook
magazine, in 2016, Chinas light vehicle market
was increased by a record 25.4 million units from
3.26 million units, with almost 14.7 increment
in the market. This reflects the strong economy
and growth. The above factor shows that the
demand for automotive and plasticizer around the
globe is growing and will drive the demand for
1,4 butanediol.
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Competitive Landscape
The global 1,4 butanediol market is highly
fragmented and the major players have used
various strategies such as new product launches,
expansions, agreements, joint ventures,
partnerships, acquisitions, and others to
increase their footprints in this market. The
report includes market shares of the 1,4
butanediol market for global, Europe, North
America, Asia Pacific, South America and Middle
East Africa.
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Key Market Competitors

• Eastman Chemical Company
• BASF SE
• Exxonmobil Chemical Company
• Mitsubishi Chemical Corporation.

The other players in the market are China
Petroleum Chemical Corporation, Royal Dutch
Shell Plc, Eni S.p.A., Evonik Industries AG,
Ineos Group AG, LANXESS, LG Chem, LyondellBasell
Industries Holdings B.V., Nizhnekamskneftekhim.,
JSR Corporation, Repsol, SABIC, The Dow Chemical
Company, TPC Group, Formosa Plastics Corporation,
U.S.A., ZEON Corporation., Shanghai
Petrochemical, Borealis AG., Versalis S.p.A., SK
Global Chemical Co. Ltd, Shanxi Sanwei Group Co.
Ltd, and many more.
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