The report defines constraints in the global 1,4-butanediol market with trends, opportunities and challenges analysis, mission performance, strategic benchmarking and challenges analyzed.
The report 1,4 Butanediol Market is catoragried on the basis of applications, technology and geography; forecasting volumes and revenues and analyzing trends in each of the submarkets. 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.
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Asia-Pacific is the most promising market for 1,4-butanediol and is expected to be the same in the near future. Asia-Pacific is the largest market for 1,4-butanediol, which accounts for 50% of total demand in 2016.
The 1,4-butanediol demand in the region is expected to grow at an average annual rate of +6%, rising from 2016to 2021 . China is the largest consumer of 1,4-butanediol in the region.
China is also the fastest growing 1,4-butanediol market in the world and is expected to register an annual CAGR of +8% between 2017 and 2021.
The restraining factors are identified as raw material price volatility and high manufacturing cost of the 1,4-butanediol industry. The Major players reported in the market include: Dairen Chemicals (Taiwan) BASF SE (Germany) LyondellBasell Chemicals (The Netherlands) Shanxi Sanwei Group (China) International Specialty Products (U.S.) Invista (U.S.) Mitsubishi Chemicals (Japan) .
Global 1,4 Butanediol Market: Regional Segment Analysis North America Europe China Japan Southeast Asia India. The Global 1,4 Butanediol Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists.
It provides the 1,4 Butanediol industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable).
Global 1,4 Butanediol Market to Grow at a CAGR of +8% by 2021 .THF is the largest application of 1,4 butanediol across the world. This market research study provides detailed qualitative and quantitative analysis of the global 1,4-butanediol market.
1,4 Butanediol, commonly known as BDO, is an organic compound predominantly used as a solvent in industrial cleaners and glue removers such as tetrahydrofuran (THF). The Asia-Pacific is the most promising market for 1,4 butanediol and is anticipated to be the same in the near future.
The Asia-Pacific is the largest market of 1,4 butanediol THF is widely used as an important raw material for polymers and is predominantly used to produce PTMEG, which in turn is a reactant for making other polymers
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The global 1,4 Butanediol Market is gaining pace and industry have started understanding the benefits of analytics in the present day highly dynamic environment. The market has witnessed several important developments over the past few years, with mounting volumes of data and the shift from traditional analysis platforms to self-service analytics being some of the most prominent ones.
Vendors, stakeholders, consumers, dealers. in the global 1,4 Butanediol Market are increasingly introducing a solution that allows this market to work with data collected from a number of diverse sources.
The confidence, reliability of data-driven decisions undertaken by solutions in real-time, self-service analytics solutions which will gain more prominence in the global market in the next coming years has been mentioned in this study.
The report also presents a thorough overview of the competitive landscape of the global ___ market and the detailed business profiles of the market’s notable players. Threats and weaknesses of leading companies are measured by the analysts in the report by using industry-standard tools such as Porter’s five force analysis and SWOT analysis.
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