Global 1, 4-Butanediol Market worth $7.5 Billion by 2017
DALLAS, October 29, 2012 /PRNewswire/ –
The report “1, 4-butanediol Market By Technology (Reppe Process, Davy process,
Butadiene Process, Propylene Oxide Process & Others), Applications, & Geography: Global
Industry Trends & Forecasts to 2017″, published by MarketsandMarkets (
http://www.marketsandmarkets.com), defines and segments the global 1,4-butanediol market
by products with analysis and forecasting of the global volume and revenue. As of year
2012, Asia-Pacific consumed more than half of the 1,4-butanediol produced globally. The
major application segments for tetrahydrofuran, polybutylene terphthalate, gamma
butyrolactone, polyurethane and others; whereas tetrahydrofuran constitutes the major
application segment. 1,4-butanediol is mainly produced using acetylene, maleic anhydride,
butadiene, propylene oxide, etc. 1,4-butanediol is produced using Reppe technology and
Davy process technology.
Browse 75+ market data tables and 25+ figures and in-depth TOC of “1, 4-butanediol
Market By Technology (Reppe Process, Davy process, Butadiene Process, Propylene Oxide
Process & Others), Applications, & Geography: Global Industry Trends & Forecasts to 2017″.
Early buyers will receive 10% customization on report.
The drivers of the industry are identified as high growth in developing regions, high
demand in end-user industries, and high existing production capacities of 1,4-butanediol.
Most of the production capacity of 1, 4-butanediol exists in Asian region and high growth
in their demand is mainly observed in developing countries. The high production capacities
in the region also give flexibility to the manufacturers to scale up the production
depending upon demand trends. The restraining factors are identified as raw material price
volatility and high manufacturing cost of the 1, 4-butanediol industry. The issues in the
market are mainly pertaining to that of a maturing industry, i.e. steady growth in mature
markets such as U.S. and Europe, and environmental concerns as well. The industry players
are following strategies such as consolidation and capacity expansion to address to the
demands generated by end-user industries and developing countries. Global BDO market is
highly concentrated. This can be mainly attributed to the barriers existing in the
sourcing of production technology and raw materials. Few handful companies are dominating
global BDO market
[http://www.marketsandmarkets.com/Market-Reports/1-4-butanediol-market-685.html ]. Moreover
these companies are actively using large portion of their BDO produce in the manufacture
of their downstream products. This has restricted outspread of this market across the
The major players in the market are BASF SE (Germany), Dairen Chemicals (Taiwan),
LyondellBasell Chemicals (The Netherlands), Shanxi Sanwei Group (China), International
Specialty Products (U.S.), Invista (U.S.), and Mitsubishi Chemicals (Japan).
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