1,4-Butanediol Market Size, Share, By Type (Synthetic and Bio-Based), By Application (THF, GBL, PBT, and Polyurethane), By End-User (Automotive, Healthcare and Pharmaceutical, Textile, Electrical and Electronics, and Others), and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI532824 | Publish Date: June 2024 | No. of Pages: 199

1 4 Butanediol Market Share

The 1,4-Butanediol Market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. 

North America: 1,4-butanediol (BDO) has a substantial market in this region, mostly composed of the United States and Canada. The region's chemical sector is well-established, and significant businesses are engaged in the production and use of BDO. The automotive industry, which uses a lot of polyurethanes and polybutylene terephthalate (PBT), drives the need for BDO in this field.

Europe: The 1,4-butanediol market is driven by the continent's high car demand and the presence of reputable chemical companies. Due to the region's strong environmental regulations and emphasis on sustainability, demand for bio-based BDO has increased because it is a more environmentally friendly alternative than synthetic BDO.