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The report on the Global 1,4-Butanediol Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
1,4-butanediol (BDO) is a liquid organic compound which is almost odourless, viscous and colourless in nature. 1,4-butanediol (BDO) is a solvent, which is used for the production of plastics, elastic fibres and polyurethanes. Principally, it is used as solvent in industrial cleaners and glue removers.
1,4-butanediol (BDO) is a very significant transitional chemical for polybutylene terephthalate (PBT), gamma-butyrolactone (GBL), polyurethane (PU), tetrahydrofuran (THF) polytetramethylene ether glycol (PTMEG), and other solvents. Tetrahydrofuran occupies application wise largest portion of this market. In addition, gamma-butyrolactone (GBL) is synthesized by this usage of this organic compound.
1,4-Butanediol (BDO) market has business spread in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia-Pacific accounts about half of the total volume consumption of the global 1,4-butanediol (BDO) market. This region is projected to be the fastest growing market for the estimated period followed by Europe and North America respectively.
The major companies in the global 1,4-butanediol (BDO) market are:
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