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The study segments Butanediol industry in light of major classification such as product type, potential markets, application, and end-user.
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Butanediol Market To Reach USD 17.13 Billion By 2027
Market Summary The growth in end-user industries in emerging nations such as Taiwan, China, and India are driving the market for Butanediol. Market Size – USD 8.20 Billion in 2018, Market Growth - CAGR of 8.4%, Market Trends – Growing application in electronic industry. The global Butanediolmarket is forecast to reach USD 17.13 Billion by 2027, according to a new report by Reports and Data. Butanediolis a chemical and is used to make the paint thinner, floor stripper, and other solvent products. Butanediolis a raw material for polyurethane and polyester resins that show excellent characteristics. These products find several applications in everyday consumer products such as consumer durables such as electrical appliances and cars, clothing and shoe soles, industrial materials such as machine parts, as well as medical products. Butanediolis an important commercial chemical used to manufacture over 2.5 million tons of valuable polymers every year. Currently, the production of butanediolis entirely through petrochemistry.
Our Approach Our Approach Market Summary Butanediol is illegal to sell for usage in medicine. It is also used as a substitute for other illegal substances such as gamma-butyrolactone (GBL) and gamma-hydroxybutyrate (GHB). Butanediol is used to stimulate musclegrowthand growthhormoneproduction;and for weightloss,bodybuilding,and insomnia. The Asia Pacific dominated the market for Butanediol. The demand for the market is growing due to the high demand from electronics and consumer appliances industries. The region is witnessing numerous investments by automotive giants such as Hyundai Motors, BMW, and Honda. This is expected to drive the demandfor the Butanediolmarket. Requestfor a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2684
Our Approach Our Approach Market Summary Key participants include BASF SE, Mitsubishi Chemical Corporation, Ashland Inc., SK Global Chemical Co. Ltd., Nan Ya Plastics Corporation, Mitsui & Co. Ltd., Genomatica Inc., Chemtura Corporation, Dairen Chemical Corporation, and Bioamber Inc., among others. For the purpose of this report, Reports and Data have segmented into the global Butanediol market on the basis of technology, application, end-user, and region: Technology Outlook (Revenue,USD Billion; Volume,Kilo Tons; 2016-2027) • Davy Process • Butadiene Process • Reppe Process • Propylene Oxide Process Application Outlook (Revenue,USD Billion; Volume, Kilo Tons; 2016-2027) • Poly Butylenes Terephthalate (PBT) • Tetrahydrofuran (THF) • Polyurethane (PU) • Gamma-Butyrolactone (GBL)
Our Approach Our Approach Market Summary End-User Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) • Pharmaceutical • Automotive • Electrical and Electronics • Leather • Agricultural Chemicals Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) • North America • Europe • Asia Pacific • MEA • Latin America Order Now: https://www.reportsanddata.com/checkout-form/2684
About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com