Market Overview:
The global 2-butene-1,4-diol (B2D) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for B2D from various applications such as medicine, pesticide, paper, plating additive, plastic and others. Additionally, the growing demand for B2D from emerging countries is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
2-Butene-1,4-diol (B2D) is a four carbon alcohol that is primarily used as an intermediate in the production of plastics and other chemicals. It has a variety of uses in these industries, including as a solvent and reactant.
Refined Product:
Refined product is also known as liquid butane. It's a colorless, flammable hydrocarbon with a strong odor similar to gasoline. Refined product is used for the production of various chemicals such as 2-butene 1,4-diol (B2D) and polyoxyethylene ethers which are further utilized in numerous end-use industries such as pharmaceuticals, plastics & fibers and cosmetics among others.
Crude Product:
Crude product is a mixture of isomers that consists of one or more double bonds and may contain impurities. The most commonly used crude products are n-butane, i-butane, and tert-butyl alcohol.
Application Insights:
2-butene-1,4-diol is used in the manufacturing of a wide range of products including medicine, pesticide, paper coating additive (lithographic printing ink), plating additive for industrial use and other niche applications such as plastic additives. In 2017, 2BD was majorly used in the manufacture of medicines which accounted for over 60% share within the global market. The product is also widely utilized to produce agrochemicals and pesticides which together account for around 40% share within 2BD application segment.
The medicine segment dominated North America 2BD market with over 25% revenue share in 2015 owing to high usage rates across various health supplements & medicines such as vitamins & minerals tablets/capsules; painkillers; antiobesity drugs; antibiotics among others. Latin America followed suit with nearly 20% revenue share on account of growing pharmaceutical industry coupled with rising healthcare spending levels among developing countries such as Brazil and India where most B2D consumed goes through domestic production.
Regional Analysis:
Asia Pacific dominated the global 2-butene-1,4-diol (B2D) market in terms of revenue with a share of over 60.0% in 2017. The region is expected to witness significant growth on account of rising product demand from end-use industries such as plastic and pesticide manufacturing. China and India are among the largest producers & consumers of pesticides and therefore, have strong potential for B2D market growth over the forecast period.
Growth Factors:
- Increasing demand for B2D in various applications such as solvents, plastics, and coatings is expected to drive the market growth.
- Growing use of B2D as a precursor for production of polyesters is anticipated to fuel the market growth over the forecast period.
- Rising demand from end-use industries such as automotive and construction is projected to boost the market growth in near future.
- Stringent environmental regulations regarding VOC emissions are likely to create opportunities for B2D manufacturers over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
2-butene-1,4-diol (B2D) Market Research Report
By Type
Refined Product, Crude Product
By Application
Medicine, Pesticide, Paper, Plating Additive, Plastic, Other
By Companies
Ashland, Changzhou Jiayan Chemical Co.,Ltd., Dezhou Tianyu Chemical Industry
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global 2-butene-1,4-diol (B2D) Market Report Segments:
The global 2-butene-1,4-diol (B2D) market is segmented on the basis of:
Types
Refined Product, Crude Product
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
Medicine, Pesticide, Paper, Plating Additive, Plastic, Other
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:
- Ashland
- Changzhou Jiayan Chemical Co.,Ltd.
- Dezhou Tianyu Chemical Industry
Highlights of The 2-butene-1,4-diol (B2D) 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:
- Refined Product
- Crude Product
- By Application:
- Medicine
- Pesticide
- Paper
- Plating Additive
- Plastic
- Other
- 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 2-butene-1,4-diol (B2D) 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?
2-Butene-1,4-diol is a molecule that contains two butenes bonded together. It is a colorless liquid with a sweet odor. 2-Butene-1,4-diol is used in the production of plastics and other materials.
Some of the major companies in the 2-butene-1,4-diol (b2d) market are Ashland, Changzhou Jiayan Chemical Co.,Ltd., Dezhou Tianyu Chemical Industry.
The 2-butene-1,4-diol (b2d) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-butene-1,4-diol (B2D) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 2-butene-1,4-diol (B2D) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 2-butene-1,4-diol (B2D) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the 2-butene-1,4-diol (B2D) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global 2-butene-1,4-diol (B2D) Market Size & Forecast, 2020-2028 4.5.1 2-butene-1,4-diol (B2D) Market Size and Y-o-Y Growth 4.5.2 2-butene-1,4-diol (B2D) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Refined Product
5.2.2 Crude Product
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medicine
6.2.2 Pesticide
6.2.3 Paper
6.2.4 Plating Additive
6.2.5 Plastic
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-butene-1,4-diol (B2D) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-butene-1,4-diol (B2D) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Refined Product
9.6.2 Crude Product
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medicine
9.10.2 Pesticide
9.10.3 Paper
9.10.4 Plating Additive
9.10.5 Plastic
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Refined Product
10.6.2 Crude Product
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medicine
10.10.2 Pesticide
10.10.3 Paper
10.10.4 Plating Additive
10.10.5 Plastic
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Refined Product
11.6.2 Crude Product
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medicine
11.10.2 Pesticide
11.10.3 Paper
11.10.4 Plating Additive
11.10.5 Plastic
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Refined Product
12.6.2 Crude Product
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medicine
12.10.2 Pesticide
12.10.3 Paper
12.10.4 Plating Additive
12.10.5 Plastic
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Refined Product
13.6.2 Crude Product
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medicine
13.10.2 Pesticide
13.10.3 Paper
13.10.4 Plating Additive
13.10.5 Plastic
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-butene-1,4-diol (B2D) Market: Competitive Dashboard
14.2 Global 2-butene-1,4-diol (B2D) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ashland
14.3.2 Changzhou Jiayan Chemical Co.,Ltd.
14.3.3 Dezhou Tianyu Chemical Industry