In 2021, the global 1,4-butanediol market stood at 2,268 thousand tons. Recording a CAGR of 3.4% from 2022 to 2028, the worth is projected to reach ~2,835 thousand tons by 2028, according to a new report by Gen Consulting Company.

This industry report offers market estimates of the global market, followed by a detailed analysis of the derivative, end user, and region. The global market data on 1,4-butanediol can be segmented by derivative: gamma butyrolactone (GBL), polybutylene terephthalate (PBT), polyurethane (PU), tetrahydrofuran (THF), others. In 2021, the THF segment made up the largest share of the 1,4-butanediol market. 1,4-butanediol market is further segmented by end user: automotive, electrical and electronics, pharmaceuticals, textile, others. The textile segment was the largest contributor to the global 1,4-butanediol market in 2021. Based on region, the 1,4-butanediol market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global 1,4-butanediol market.

The global 1,4-butanediol market is highly competitive. Top players covered in Global 1,4-Butanediol Market Study are Ashland Global Holdings Inc., BASF SE, China National BlueStar (Group) Co Ltd. (China National Chemical Corporation), China Petroleum & Chemical Corporation (Sinopec), Chongqing Jianfeng Industrial Group Co. Ltd., Dairen Chemical Corporation, Korea PTG Co. Ltd., Lyondellbasell Industries Holdings B.V., Markor Investment Group Co. Ltd., Mitsubishi Chemical Corporation, Nan Ya Plastics Corporation, Shanxi Sanwei Group Co. Ltd., SK Geo Centric Co. Ltd., Xinjiang Tianye (Group) Co. Ltd.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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