1, 4-Butanediol Market Analysis And Segment Forecasts To 2020

Published: Mar, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global market for 1,4-butanediol (1,4-BDO) is expected to reach USD 6,947.1 million by 2020. Growth of footwear industry, mainly in Asia Pacific, is expected to drive the market for 1,4-BDO over the forecast period. In addition, 1,4-BDO is used for manufacturing tetrahydrofuran (THF) which is further used for manufacturing spandex, a raw material for sports apparel. Growing number of global sporting events is expected to augment sport apparel demand, which is likely to reflect in 1,4-BDO market. However, volatile raw material prices coupled with stringent environment regulations, mainly in North America and Europe is expected to be a key challenge for market participants over the next six years. In order to overcome these challenges, the industry has shifted its focus towards developing bio-based 1,4-BDO which along with providing an eco friendly solution also provides cost competitiveness against its synthetic counterpart. Some major companies developing bio-based routes to 1,4-BDO include BASF, Purac, DSM, Mitsubishi Chemicals, Myriant and Genomatica.

THF emerged as the leading application for 1,4-BDO and accounted for 29.9% of the total market volume in 2013. Polyurethane, on account of growing footwear demand mainly in China, India and Brazil is expected to be fastest growing application market for 1,4-BDO, at an estimated CAGR of 5.1% from 2014 to 2020. 1,4-BDO demand for PBT and GBL is expected to grow at a CAGR of 4.9% and 4.3% from 2014 to 2020, respectively.

Further key findings from the study suggest:

The global market for 1,4-BDO was 1,954.5 kilo tons in 2013 and is expected to reach 2,713.7 kilo tons by 2020, growing at a CAGR of 4.8% from 2014 to 2020.
Asia Pacific dominated the global 1,4-BDO market and accounted for 55.6% of total market volume in 2013. Asia Pacific, along with being the largest market, is also expected to be the fastest growing market for 1,4-BDO, at an estimated CAGR of 5.1% from 2014 to 2020. Growth of footwear and sports apparel industries mainly in China, India and Indonesia on account of growing disposable income level in the nations is expected to spur growth for 1,4-BDO over the forecast period.
North America and Europe are fairly mature markets for 1,4-BDO and are expected to grow at a relatively lower growth rate over the forecast. The mature markets are largely driven by the green initiatives taken by the governments in collaboration with major industry participants to develop bio-based alternatives to 1,4-BDO.
The global market for 1,4-BDO is fairly concentrated with top four companies including BASF, Dairen Chemicals, Lyondell Chemicals and Shanxi Sanwei Group, which accounted for over 50% of total market in 2013. Also, established participants such as Mitsubishi Chemicals have been collaborating with biotechnology firms to develop bio-based BDO in order to achieve sustainability.
The current market for synthetic (petroleum based) 2,3-BDO is very small and unattractive. 2,3-BDO is used as a laboratory chemical and is being sold in small volumes for some niche applications like food flavoring. But if the same 2,3-BDO is produced from bio-based alternatives it is expected to provide immense opportunities to the players involved in the market.
Bio-based 2,3-butanediol is considered to be a highly attractive and lucrative market being a direct precursor to 1,3-butadiene and methyl ethyl ketone (MEK). Some of the pioneer companies are expected to commercialize the production of 2,3-butanediol in the next 2-3 years.
For the purpose of this study, Grand View Research has segmented the global 1,4-BDO market on the basis of application and region. Additionally, the study also provides complete data on 1,3-Butadiene and MEK markets, on the basis of application and region:

1, 4-Butanediol Application Outlook
Tetrahydrofuran
Polybutylene Terephthalate
GBL
Polyurethane
Other
1, 4-Butanediol Regional Outlook
North America
Europe
Asia Pacific
RoW
1,3-Butadiene Application Outlook
SBR
Butadiene Rubber
SB Latex
ABS
HMDA
NBR
Others
1,3-Butadiene Regional Outlook
North America
Europe
Asia Pacific
RoW
Methyl-Ethyl-Ketone (MEK) Application Outlook
Paints & Coatings
Printing Inks
Others
Methyl-Ethyl-Ketone (MEK) Regional Outlook
North America
Europe
Asia Pacific
RoW

 Table of Contents
Chapter 1 Executive Summary

                1.1 1, 4-Butanediol - Industry Summary & Critical Success Factors (CSFs)          

Chapter 2 1, 4-Butanediol Industry Outlook                                                  

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 Value Chain Analysis                                           

                2.4 1, 4-Butanediol Industry Dynamics                                                                     

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 1, 4-Butanediol - Company Market Share Analysis

                2.8 1, 4-Butanediol - PESTEL Analysis         

Chapter 3 1, 4-Butanediol Application Outlook

                3.1 Tetrahydrofuran

                3.2 Polybutylene Terephthalate

                3.3 GBL

                3.4 Polyurethane

                3.5 Other

Chapter 4 1, 4-Butanediol Regional Outlook                                                 

                4.1 North America                                         

                4.2 Europe

                4.3 Asia Pacific                                  

                4.4 RoW                                 

Chapter 5 2, 3-Butanediol Industry Outlook                                                  

                5.1 Introduction                                              

                5.2 Global Synthetic 2, 3-Butanediol Market

                5.3 Bio-Based 2, 3-Butanediol                                   

                    5.3.1 Introduction

                    5.3.2 Current Market Scenario and Routes Under Investigation

                    5.3.3 Key Developments

                    5.3.4 Potential Applications

                        5.3.4.1 1, 3-Butadiene

                         5.3.4.2 Methyl Ethyl Ketone (MEK)   

Chapter 6 1,4-Butanediol  Competitive Landscape

                6.1 BioAmber

                    6.1.1 Company Overview

                    6.1.2 Financial Performance

                    6.1.3 Product Benchmarking

                    6.1.4 Strategic Initiatives

                6.2 BASF

                    6.2.1 Company Overview

                    6.2.2 Financial Performance

                    6.2.3 Product Benchmarking

                    6.2.4 Strategic Initiatives

                6.3 ExxonMobil Chemicals

                    6.3.1 Company Overview

                    6.3.2 Financial Performance

                    6.3.3 Product Benchmarking

                    6.3.4 Strategic Initiatives

                6.4 Fushun Petrochemical

                    6.4.1 Company Overview

                    6.4.2 Financial Performance

                    6.4.3 Product Benchmarking

                    6.4.4 Strategic Initiatives

                6.5 International Specialty Products

                    6.5.1 Company Overview

                    6.5.2 Financial Performance

                    6.5.3 Product Benchmarking

                    6.5.4 Strategic Initiatives

                6.6 INVISTA

                    6.6.1 Company Overview

                    6.6.2 Financial Performance

                    6.6.3 Product Benchmarking

                    6.6.4 Strategic Initiatives

                6.7 Mitsubishi Chemicals

                   6.7.1 Company Overview

                    6.7.2 Financial Performance

                    6.7.3 Product Benchmarking

                    6.7.4 Strategic Initiatives

                6.8 Sasol Solvents

                    6.8.1 Company Overview

                    6.8.2 Financial Performance

                    6.8.3 Product Benchmarking

                    6.8.4 Strategic Initiatives

                6.9 Shell Chemicals

                    6.9.1 Company Overview

                    6.9.2 Financial Performance

                    6.9.3 Product Benchmarking

                    6.9.4 Strategic Initiatives

                6.10 SK Energy

                    6.10.1 Company Overview

                    6.10.2 Financial Performance

                    6.10.3 Product Benchmarking

                    6.10.4 Strategic Initiatives

                6.11 Idemitsu Kosan

                    6.11.1 Company Overview

                    6.11.2 Financial Performance

                    6.11.3 Product Benchmarking

                    6.11.4 Strategic Initiatives

                6.12 Tasco Chemical

                    6.12.1 Company Overview

                    6.12.2 Financial Performance

                    6.12.3 Product Benchmarking

                    6.12.4 Strategic Initiatives

                6.13 The Dow Chemical Company

                    6.13.1 Company Overview

                    6.13.2 Financial Performance

                    6.13.3 Product Benchmarking

                    6.13.4 Strategic Initiatives                                       

Chapter 7 Methodology and Scope                                                   

                7.1 Research Methodology                                       

                7.2 Research Scope & Assumption                                      

                7.3 List of Data Sources


List of Tables


Global 1, 4-Butanediol Market (Volume & Revenue), 2012 - 2020
Global 1, 4-Butanediol Market Volume by Region (Kilo Tons), 2012 - 2020
Global 1, 4-Butanediol Market Revenue by Region (USD Million), 2012 - 2020
Global 1, 4-Butanediol Market Volume by Application (Kilo Tons), 2012 - 2020
Global 1, 4-Butanediol Market Revenue by Application (USD Million), 2012 - 2020
Global 1, 4-Butanediol Market Volume for Tetrahydrofuran (Kilo Tons), 2012-2020
Global 1, 4-Butanediol Market Revenue for Tetrahydrofuran (USD million), 2012-2020
Global 1, 4-Butanediol Market Volume for Polybutylene Terephthalate (PBT) (Kilo Tons), 2012-2020
Global 1, 4-Butanediol Market Revenue for Polybutylene Terephthalate (PBT) (USD million), 2012-2020
Global 1, 4-Butanediol Market Volume for GBL (Kilo Tons), 2012-2020
Global 1, 4-Butanediol Market Revenue for GBL (USD million), 2012-2020
Global 1, 4-Butanediol Market Volume for Polyurethane (Kilo Tons), 2012-2020
Global 1, 4-Butanediol Market Revenue for Polyurethane (USD million), 2012-2020
Global 1, 4-Butanediol Market Volume for Other Application (Kilo Tons), 2012-2020
Global 1, 4-Butanediol Market Revenue for Other Application (USD million), 2012-2020
North America 1, 4-Butanediol Market Volume by Application (Kilo Tons), 2012 - 2020
North America 1, 4-Butanediol Market Revenue by Application (USD Million), 2012 - 2020
Europe 1, 4-Butanediol Market Volume by Application (Kilo Tons), 2012 - 2020
Europe 1, 4-Butanediol Market Revenue by Application (USD Million), 2012 - 2020
Asia Pacific 1, 4-Butanediol Market Volume by Application (Kilo Tons), 2012 - 2020
Asia Pacific 1, 4-Butanediol Market Revenue by Application (USD Million), 2012 - 2020
RoW 1, 4-Butanediol Market Volume by Application (Kilo Tons), 2012 - 2020
RoW 1, 4-Butanediol Market Revenue by Application (USD Million), 2012 - 2020
Synthetic 2,3 Butanediol Market Demand, 2012 - 2020 (Kilo Tons)          
SBR As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)
Butadiene Rubber As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)    
SB Latex As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)           
ABS As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012- 2020 (Kilo Tons), (USD Million) 
HMDA As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)           
NBR As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)
Other Applications Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)       
North America 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)     
Europe 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)   
Asia Pacific 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)        
RoW 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)       
MEK Market Volume Shares By Applications, 2012 Vs 2020 (Kilo Tons)  
Paints And Coatings As An Application Of MEK Market, Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million) 
Printing Inks as An Application Of MEK Market ,Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)  
Other Applications Of MEK Market, Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)        
MEK Market Volume Shares By Geography, 2011 Vs 2020 (Kilo Tons)    
North America MEK, Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)     
Europe MEK Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)    
Asia Pacific MEK Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)         
RoW MEK Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)


List of Figures

1, 4-Butanediol - Industry Summary & Critical Success Factors (CSFs)
1, 4-Butanediol Market Segmentation
Global 1, 4-Butanediol Market (Volume & Revenue), 2012 - 2020
1, 4-Butanediol Value Chain Analysis
1, 4-Butanediol Market Dynamics          
1, 4-Butanediol Company Market Share Analysis, 2012
Key Opportunities Prioritized
Industry Analysis - Porter's
1, 4-Butanediol PESTEL Analysis, 2012
Global 1, 4-Butanediol Market Volume Share by Application, 2012 & 2020
Global 1, 4-Butanediol Market for PBT (Volume & Revenue), 2012-2020
Global 1, 4-Butanediol Market for GBL (Volume & Revenue), 2012-2020
Global 1, 4-Butanediol Market for Polyurethane (Volume & Revenue), 2012-2020
Global 1, 4-Butanediol Market for Other Applications (Volume & Revenue), 2012-2020
Global 1, 4-Butanediol Market Volume Share by Region, 2012 & 2020
North America 1, 4-Butanediol Market Volume & Revenue (Kilo Tons), (USD million) 2012-2020
Europe 1, 4-Butanediol Market Volume & Revenue (Kilo Tons), (USD million) 2012-2020
Asia Pacific 1, 4-Butanediol Market Volume & Revenue (Kilo Tons), (USD million) 2012-2020
RoW 1, 4-Butanediol Market Volume & Revenue (Kilo Tons), (USD million) 2012-2020
SBR As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)
Butadiene Rubber As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)    
SB Latex As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)           
ABS As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012- 2020 (Kilo Tons), (USD Million) 
HMDA As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)           
NBR As An Application Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)
Other Applications Of 1,3 Butadiene, Market Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)       
North America 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)     
Europe 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)   
Asia Pacific 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)        
RoW 1,3 Butadiene Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)       
MEK Market Volume Shares By Applications, 2012 Vs 2020 (Kilo Tons)  
Paints And Coatings As An Application Of MEK Market, Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million) 
Printing Inks as An Application Of MEK Market ,Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)  
Other Applications Of MEK Market, Estimates And Forecast, 2012 - 2020 (Kilo Tons), (USD Million)        
MEK Market Volume Shares By Geography, 2011 Vs 2020 (Kilo Tons)    
North America MEK, Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)     
Europe MEK Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)    
Asia Pacific MEK Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)         
RoW MEK Market Estimates And Forecasts, 2012 - 2020 (Kilo Tons), (USD Million)