Market Overview:
1,3-Butanediol is a colorless liquid with a characteristic odor. It is soluble in water and has a high boiling point. 1,3-Butanediol is used as an industrial solvent and as a precursor to polymers. It can also be used as a plasticizer or in alkyd resin coatings. The global market for 1,3-butanediol was valued at .5 billion in 2017 and is projected to grow at a CAGR of 6% from 2018 to 2030.
Product Definition:
1,3-Butanediol is a colorless liquid with a faint sweet odor. It is soluble in water and miscible with most organic solvents. 1,3-Butanediol is used as an industrial solvent and as a precursor to tetrahydrofuran, an important organic compound.
Chemical Synthesis:
Chemical synthesis is a process to make many chemicals from basic raw materials such as hydrogen, carbon monoxide and methanol. It involves the conversion of raw materials into products via catalytic or enzymatic reactions. Chemical synthesis also includes the production of specialty chemicals such as 1,3-butanediol (BDO) which is widely used in industries like pharmaceuticals and cosmetics.
Fermentation:
Fermentation is a process in which microorganisms such as yeast are brought into contact with sugar substrates, and certain other nutrients. The microorganisms then convert the sugar into ethanol (alcohol) and carbon dioxide.
The conversion of sugar to ethanol produces raw material for butane and gasoline while the production of carbon dioxide provides us with vital information about climate change. Thus, fermentation has been an important process to obtain both liquid fuels & renewable chemicals throughout history.
Application Insights:
Major applications include resin synthesis, plasticizer, alkyd resins and high boiling point solvents. Among these, resin synthesis is the major application segment with over 50% share in terms of revenue in 2017. 1,3-Butanediol is used as a raw material for the production of polymers and copolymers which are utilized in various end-use industries such as construction materials (resin composites), automotive & transportation (plastic components), electronics & semiconductors (electrical insulation) and coatings.
The growing demand for biodegradable plastics has emerged as a key driver for the growth of 1,3-Butanediol market due to its ability to replace fossil fuel based plastics with renewable sources such as agricultural byproducts or wood chips while maintaining similar physical properties.
Regional Analysis:
Asia Pacific emerged as the largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to rising demand from end-use industries, such as paints & coatings, plastics and automotive. China is anticipated to remain a key consumer of 1,3 BD based on volume consumption for industrial applications due to easy availability of raw materials at low cost along with high domestic production capacity.
Europe accounted for over 20% of global revenue in 2017 and is projected to witness steady growth over the forecast period owing to increasing R&D activities related 1,3 BDOl usage across various end-use industries including paints & coatings and plasticizers.
Growth Factors:
- Increasing demand from the automotive and electronics industries
- Growing popularity of 3D printing technology
- Rising demand for bio-based plastics and polymers
- Proliferation of new applications for 1,3-butanediol
- Technological advancements that improve the efficiency and productivity of 1,3-butanediol production
Scope Of The Report
Report Attributes
Report Details
Report Title
1,3-Butanediol for Industrial Market Research Report
By Type
Chemical Synthesis, Fermentation
By Application
Resin Synthesis, Plasticizer, Alkyd Resin Coatings, High Boiling Point Solvents
By Companies
OXEA, DAICEL, KH Neochem, Godavari Biorefineries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global 1,3-Butanediol for Industrial Market Report Segments:
The global 1,3-Butanediol for Industrial market is segmented on the basis of:
Types
Chemical Synthesis, Fermentation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Resin Synthesis, Plasticizer, Alkyd Resin Coatings, High Boiling Point Solvents
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OXEA
- DAICEL
- KH Neochem
- Godavari Biorefineries
Highlights of The 1,3-Butanediol for Industrial Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chemical Synthesis
- Fermentation
- By Application:
- Resin Synthesis
- Plasticizer
- Alkyd Resin Coatings
- High Boiling Point Solvents
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 1,3-Butanediol for Industrial Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
1,3-Butanediol is a chemical compound that is used industrially as a solvent and in the production of plastics.
Some of the major players in the 1,3-butanediol for industrial market are OXEA, DAICEL, KH Neochem, Godavari Biorefineries.
The 1,3-butanediol for industrial market is expected to grow at a compound annual growth rate of 6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 1,3-Butanediol for Industrial Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. 1,3-Butanediol for Industrial Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. 1,3-Butanediol for Industrial Market - Supply Chain
4.5. Global 1,3-Butanediol for Industrial Market Forecast
4.5.1. 1,3-Butanediol for Industrial Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. 1,3-Butanediol for Industrial Market Size (000 Units) and Y-o-Y Growth
4.5.3. 1,3-Butanediol for Industrial Market Absolute $ Opportunity
5. Global 1,3-Butanediol for Industrial Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. 1,3-Butanediol for Industrial Market Size and Volume Forecast by Type
5.3.1. Chemical Synthesis
5.3.2. Fermentation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 1,3-Butanediol for Industrial Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. 1,3-Butanediol for Industrial Market Size and Volume Forecast by Application
6.3.1. Resin Synthesis
6.3.2. Plasticizer
6.3.3. Alkyd Resin Coatings
6.3.4. High Boiling Point Solvents
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 1,3-Butanediol for Industrial Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. 1,3-Butanediol for Industrial Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global 1,3-Butanediol for Industrial Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. 1,3-Butanediol for Industrial Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global 1,3-Butanediol for Industrial Demand Share Forecast, 2019-2026
9. North America 1,3-Butanediol for Industrial Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America 1,3-Butanediol for Industrial Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America 1,3-Butanediol for Industrial Market Size and Volume Forecast by Application
9.4.1. Resin Synthesis
9.4.2. Plasticizer
9.4.3. Alkyd Resin Coatings
9.4.4. High Boiling Point Solvents
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America 1,3-Butanediol for Industrial Market Size and Volume Forecast by Type
9.7.1. Chemical Synthesis
9.7.2. Fermentation
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America 1,3-Butanediol for Industrial Demand Share Forecast, 2019-2026
10. Latin America 1,3-Butanediol for Industrial Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America 1,3-Butanediol for Industrial Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America 1,3-Butanediol for Industrial Market Size and Volume Forecast by Application
10.4.1. Resin Synthesis
10.4.2. Plasticizer
10.4.3. Alkyd Resin Coatings
10.4.4. High Boiling Point Solvents
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America 1,3-Butanediol for Industrial Market Size and Volume Forecast by Type
10.7.1. Chemical Synthesis
10.7.2. Fermentation
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America 1,3-Butanediol for Industrial Demand Share Forecast, 2019-2026
11. Europe 1,3-Butanediol for Industrial Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe 1,3-Butanediol for Industrial Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe 1,3-Butanediol for Industrial Market Size and Volume Forecast by Application
11.4.1. Resin Synthesis
11.4.2. Plasticizer
11.4.3. Alkyd Resin Coatings
11.4.4. High Boiling Point Solvents
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe 1,3-Butanediol for Industrial Market Size and Volume Forecast by Type
11.7.1. Chemical Synthesis
11.7.2. Fermentation
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe 1,3-Butanediol for Industrial Demand Share, 2019-2026
12. Asia Pacific 1,3-Butanediol for Industrial Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific 1,3-Butanediol for Industrial Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific 1,3-Butanediol for Industrial Market Size and Volume Forecast by Application
12.4.1. Resin Synthesis
12.4.2. Plasticizer
12.4.3. Alkyd Resin Coatings
12.4.4. High Boiling Point Solvents
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific 1,3-Butanediol for Industrial Market Size and Volume Forecast by Type
12.7.1. Chemical Synthesis
12.7.2. Fermentation
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific 1,3-Butanediol for Industrial Demand Share, 2019-2026
13. Middle East & Africa 1,3-Butanediol for Industrial Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa 1,3-Butanediol for Industrial Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa 1,3-Butanediol for Industrial Market Size and Volume Forecast by Application
13.4.1. Resin Synthesis
13.4.2. Plasticizer
13.4.3. Alkyd Resin Coatings
13.4.4. High Boiling Point Solvents
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa 1,3-Butanediol for Industrial Market Size and Volume Forecast by Type
13.7.1. Chemical Synthesis
13.7.2. Fermentation
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa 1,3-Butanediol for Industrial Demand Share, 2019-2026
14. Competition Landscape
14.1. Global 1,3-Butanediol for Industrial Market: Market Share Analysis
14.2. 1,3-Butanediol for Industrial Distributors and Customers
14.3. 1,3-Butanediol for Industrial Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OXEA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DAICEL
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KH Neochem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Godavari Biorefineries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
