Get the latest insights on price movement and trend analysis of 1,4-Butanediol (1,4-BD) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

As per Cognitive Market Research's latest published report, the Global 1,4 Butanediol market size was $9.15 Billion in 2021 and it is forecasted to reach $18.61 Billion by 2029. 1,4 Butanediol Industry's Compound Annual Growth Rate will be 9.75% from 2023 to 2030. Factors Impacting on 1,4-Butanediol Market

Rising demand from the tetrahydrofuran industry and increasing use of automotive, textile, electrical & electronics applications are the key driving factors for the 1,4-Butanediol market. Tetrahydrofuran is the largest use for 1,4-butanediol and approximately 79% of THF consumption is for the production of polytetramethylene ether glycol (PTMEG), which is used to create high-performance copolyester-ether elastomers, cast and thermoplastic urethane elastomers, and polyurethane fibers (spandex).

Focus on increasing the production of bio-based 1,4-Butanediol is expected to create lucrative opportunities for the 1,4-Butanediol market. However, health risks associated with BDO can hamper the growth of the market.

Market Trends of 1,4-Butanediol

BDO production technology is shifting to bio-based aqueous fermentation routes. Nowadays many companies are showing major interest in bio-based products The bio-based process can either take place via hydrogenation of succinic acid or direct fermentation of sugars through an experimental metabolic engineered bacterial platform.

What is 1,4-Butanediol?

1,4-Butanediol also known as BD or BDO, is a primary alcohol, and an organic compound, with the formula HOCH2CH2CH2CH2OH. It is one of four stable isomers of butanediol. 1 4 Butanediol is a crucial raw material in the production of spandex, plastics, elastic fibers, and films. Besides its use as a commodity chemical, it can be used as a starting chemical for other SA derivatives like THF and GBL.