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1,4 Butanediol (BDO) is organic compound in the form of colorless liquid at 20°C and it is a eco-friendly chemical. This organic compound is used for substitute materials as gamma butyrolactone (GBL) and gamma hydroxybutyrate (GHB). 1,4 butanediol (BDO) is eco-friendly chemical and the consumers demand for eco-friendly bio-based products. The U.S. Government has strictly adopted on the production of bio-based 1,4 butanediol (BDO), which is fulfilling the end users need. It is mainly used to make floor stripper, paint thinner also used as raw material for resins, plastics and other solvent products.
North America is world’s third largest market for 1,4 butanediol (BDO) industry. This organic compound is used to produce tetrahydrofuran (THF) and this tetrahydrofuran (THF) is further used for manufacturing spandex, and a raw material for sportswear. Increasing the number of sporting events is probably increase demand for sportswear. In North America, mainly U.S. is the steady growth in mature market its expected growth at relatively lower rate compared to other region. North America is mature market for 1,4 butanediol (BDO). International Specialty Products, Invista, and others are the major companies in the North America 1,4 butanediol (BDO) market.
The report also covers the complete competitive landscape of the North America 1,4-butanediol (BDO) market with company profiles of key players such as:
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