Global Butanediol Market, By Type (Industrial Grade, Cosmetic Grade), Application (PBT, THF, GBL, Polyurethane, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Butanediol Market
The butanediol market is expected to witness a market growth at a rate of 7% in the forecast period of 2021 to 2028. Data Bridge Market Research report on butanediol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the production plant of butaneodiol is escalating the growth of butanediol market.
Tetrahydrofuran (THF) can be referred to as one of the major applications of butanediol. It is broadly utilized in the several applications like there in the manufacturing of polytetramethylether glycols (PTMEG). It is further treated to derive spandex, and as an intermediate in the manufacturing of the natural gas odorants because of its broad liquid range.
Major factors that are expected to boost the growth of the butanediol market in the forecast period are the increase in the concerning issues regarding the environmental. Furthermore, the rise in the need for sustainable products is further anticipated to propel the growth of the butanediol market. Moreover, the growing of the manufacturing of the plant of butaneodiol is further estimated to cushion the growth of the butanediol market. On the other hand, the unsuitable situations occurring because of the COVID-19 pandemic outbreak is further projected to impede the growth of the butanediol market in the timeline period.
In addition, the rise in the acceptance of good production practices and incorporating advanced manufacturing technologies will further provide potential opportunities for the growth of the butanediol market in the coming years. However, the rise in the competition from fossil-fuel products might further challenge the growth of the butanediol market in the near future.
This butanediol market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on butanediol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Butanediol Market Scope and Market Size
The butanediol market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the butanediol market is segmented into industrial grade, and cosmetic grade.
- On the basis of application, the butanediol market is segmented into polybutylene terephthalate (PBT), tetrahydrofuran (THF), GBL, polyurethane, and others.
Butanediol Market Country Level Analysis
The butanediol market is analysed and market size, volume information is provided by country, on the basis of type and application as referenced above.
The countries covered in the butanediol market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the butanediol market due to the occurrence of major key players. Furthermore, the low cost labor and the resources in the advancing countries will further boost the growth of the butanediol market in the region during the forecast period. North America is projected to observe significant amount of the growth in the butanediol market due to the rise in the consumer disposable income.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Butanediol Market Share Analysis
The butanediol market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to butanediol market.
The major players covered in the butanediol market report are BASF SE, Mitsubishi Chemical Holdings Corporation, Ashland, Sipchem, LyondellBasell Industries Holdings B.V., The Chemical Company, KH Chemicals, Henan Haofei Chemical Co.,Ltd., Merck KGaA, Shanxi Sanwei Group Co., Ltd., SINOPEC YIZHENG CHEMICAL FIBRE LIMITED LIABILITY COMPANY, China National Bluestar (Group) Co,Ltd., Sichuan Tianhua Co., Ltd., HENAN KAIXIANG CHEMICAL CO., LTD., Xinjiang Tianye Co.,Ltd, TRInternational, GJChemical.com, Genomatica, Inc, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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