Global 1, 4-Butanediol Market worth $7.5 Billion by 2017
DALLAS, October 29, 2012
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 . 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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