According to the latest market research report title “Bio-Butanediol Market By Source (Sugar Based, Biomass Based), By Application (Polytetramethylene Ether Glycol, Tetrahydrofuran [THF], Polybutylene Terephthalate [PBT], Gamma-Butyrolactone [GBL], Polyurethane [PU], Others), By End User (Automotive, Electrical and Electronics, Packaging, Textile, Consumer Goods) and others–Forecast to 2030″, published by MarkNtel Advisors, 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.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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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.
Bio-Butanediol Market Segmentation
The Bio-Butanediol Market is highly robust and fragmented into numerous segments;
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
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Key Players Operating in the Bio-Butanediol Market: –
Braskem
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
DOW
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
LG Chemical
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Bio-Butanediol Market during the forecast period?
- Which segment is expected to lead the Bio-Butanediol Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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