Bio-Butanediol Market Breakdown By Size, Share, Growth, Trends, and Industry 2030- MarkNtel Advisors
According to Markntel Advisors Report, Bio-Butanediol Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Bio-butanediol,
also known as 1,4-butanediol (BDO), is a chemical compound derived from
renewable biomass sources, such as sugars and starches, through microbial
fermentation or synthetic biological processes. Bio-butanediol is predominantly
utilized in the production of polymers, including polybutylene terephthalate
(PBT) and polyurethane (PU), etc., and is extensively used in the automotive,
construction, textiles, and electronics industries.
Global Bio-Butanediol
Market Research Report & Summary:
The Global Bio-Butanediol Market size is
estimated to grow at a CAGR of around 7.5% during the forecast period, i.e.,
2024-30.
Time
Period Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-30
Who are the Key Players Operating in
the Bio-Butanediol Market?
The top
companies of the Bio-Butanediol Market ruling the industry are:
BASF SE, Novamont SpA, LCY Chemical, Shandong
LanDian Biological Technology Co. Ltd, DSM, Global Bio-Chem, Genomatica,
Cargill Incorporated, Mitsubishi Chemical, Bio-Amber, Qira, DuPont, Braskem,
DOW, LG Chemical, Others
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What is Included in Bio-Butanediol
Market Segmentation?
The Bio-Butanediol Market explores the industry
by emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Source
-Sugar Based- Market Size & Forecast 2019-2030F, Quantity Sold
(Tons)
-Biomass Based- Market Size & Forecast 2019-2030F, Quantity Sold
(Tons)
-By Application
-Polytetramethylene Ether Glycol- Market Size & Forecast 2019-2030F,
Quantity Sold (Tons)
-Tetrahydrofuran (THF) - Market Size & Forecast 2019-2030F, Quantity
Sold (Tons)
-Polybutylene Terephthalate (PBT) - Market Size & Forecast
2019-2030F, Quantity Sold (Tons)
-Gamma-Butyrolactone (GBL) - Market Size & Forecast 2019-2030F,
Quantity Sold (Tons)
-Polyurethane (PU) - Market Size & Forecast 2019-2030F, Quantity
Sold (Tons)
-Others
-By End User
-Automotive- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Electrical and Electronics- Market Size & Forecast 2019-2030F,
Quantity Sold (Tons)
-Packaging- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Textile - Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Consumer Goods- Market Size & Forecast 2019-2030F, Quantity Sold
(Tons)
-Others- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Explore the Complete Bio-Butanediol Market Analysis Report – https://www.marknteladvisors.com/research-library/bio-butanediol-market.html
Global Bio-Butanediol Market Driver:
The Surge in Sustainable Electronic
Manufacturing Activities to Drive Market Growth – The growing population
and urbanization have significantly increased the demand for various electronic
appliances across the globe. This surge in electronics needs is leading to a
rise in its manufacturing activities, thereby driving an unprecedented demand
for various polymers. As consumer electronics become increasingly integrated
into daily life, the need for lightweight, durable, and versatile polymers is
skyrocketing. Materials like polycarbonate, polyethylene terephthalate (PET),
and polypropylene are essential in producing casings, circuit boards, and insulation,
which is increasing their demand in electronics manufacturing.
With the surging
demand for these materials, the use of bio-butanediol to manufacture these
materials is also surging owing to the shifting focus towards sustainable
manufacturing of consumer electronic products. Hence, the surging incorporation
of bio-butanediol in polymer manufacturing is augmenting the growth of the
Bio-Butanediol Market globally.
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varied client base, including multinational corporations, financial
institutions, governments, and individuals, among others.
We have our existence across the market for
many years and have conducted multi-industry research across 80+ countries,
spreading our reach across numerous regions like America, Asia-Pacific, Europe,
the Middle East & Africa, etc., and many countries across the regional
scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil,
and several others.
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