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Bio-based 1,4-Butanediol (BDO) Market Size, Share, Trends, Growth Outlook

Bio-based 1,4-Butanediol (BDO) Market Size, Share, Trends, Growth Outlook, and Opportunities to 2032- By Application (Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU), Others), By End-User (Automotive, Electrical and Electronics, Textile, Others), Countries and Companies Report

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  • Bio based 1 4 Butanediol Market
  • |Published Month : November, 2024
  • |No. of Pages : 199

Global Bio-based 1,4-Butanediol (BDO) Market Size is valued at $2.2 Billion in 2024 and is forecast to register a growth rate (CAGR) of 7.6% to reach $4 Billion by 2032.

The global Bio-based 1,4-Butanediol (BDO) Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Application (Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU), Others), By End-User (Automotive, Electrical and Electronics, Textile, Others).

An Introduction to Bio-based 1,4-Butanediol (BDO) Market in 2024

Bio-based 1,4-butanediol (BDO) is a renewable chemical compound derived from biomass feedstocks such as sugars, starches, or agricultural residues in 2024. 1,4-butanediol is a versatile intermediate used in the production of polymers, plastics, solvents, and personal care products. Traditional BDO production methods rely on fossil fuels and petrochemical feedstocks, but bio-based BDO offers a sustainable alternative by utilizing renewable resources and reducing greenhouse gas emissions. Bio-based BDO can be produced through fermentation or chemical conversion processes, where microorganisms or enzymes convert biomass sugars into BDO or its precursors. Bio-based BDO exhibits similar properties and performance to petroleum-derived BDO, making it compatible with existing industrial processes and applications. With increasing interest in sustainable chemistry and renewable resources, bio-based BDO represents a promising pathway towards reducing the environmental impact of chemical production and advancing the transition to a bio-based economy. d research and investment in bio-based technologies are driving innovations in bio-based BDO production and expanding its applications in various industries seeking more sustainable and eco-friendly alternatives to conventional chemicals.

Bio-based 1,4-Butanediol (BDO) Market Competitive Landscape

The market report analyses the leading companies in the industry including BASF SE, Genomatica Inc, Global Bio-chem Technology Group Company Ltd, Novamont S.p.A, Qira, Royal DSM N.V., Shandong LanDian Biological Technology Co. Ltd, Yuanli Science and Technology, and others.

Bio-based 1,4-Butanediol (BDO) Market Dynamics

Market Trend: Increasing Demand for Sustainable Chemicals

A prominent trend in the bio-based 1,4-butanediol market is the increasing demand for sustainable chemicals, driven by environmental concerns and the shift towards renewable and biodegradable alternatives in various industries. Bio-based 1,4-butanediol, derived from renewable biomass sources such as sugar or corn, offers a more environmentally friendly alternative to conventional petroleum-based 1,4-butanediol, reducing reliance on fossil fuels and mitigating greenhouse gas emissions. This trend is fueled by regulatory initiatives, consumer preferences for eco-friendly products, and corporate sustainability goals, driving the adoption of bio-based 1,4-butanediol as a key ingredient in the production of polymers, plastics, and specialty chemicals.

Market Driver: Growing Focus on Green Chemistry and Circular Economy

The primary driver fueling the growth of the bio-based 1,4-butanediol market is the growing focus on green chemistry principles and the transition towards a circular economy model. Bio-based 1,4-butanediol aligns with the principles of green chemistry by offering a sustainable and renewable alternative to traditional petrochemicals, reducing environmental impact throughout the product lifecycle. Additionally, the circular economy concept promotes the reuse, recycling, and regeneration of materials to minimize waste and resource depletion, further driving the demand for bio-based alternatives. As industries seek to reduce their carbon footprint and embrace sustainable practices, the demand for bio-based 1,4-butanediol is expected to increase, creating opportunities for market growth and innovation.

Market Opportunity: Collaboration for Product Development and Market Expansion

An emerging opportunity within the bio-based 1,4-butanediol market lies in collaboration for product development and market expansion, leveraging partnerships across the value chain to accelerate adoption and drive commercialization. Collaboration between bio-based chemical producers, technology developers, end-users, and regulatory authorities can facilitate the development of scalable production processes, ensure product quality and performance, and address regulatory requirements. Additionally, partnerships can enable market expansion efforts by identifying new applications, exploring emerging markets, and educating stakeholders about the benefits of bio-based 1,4-butanediol. By fostering collaboration and leveraging synergies, stakeholders in the bio-based 1,4-butanediol market can unlock opportunities for sustainable growth and contribute to the transition towards a more environmentally friendly and circular economy.

Bio-based 1,4-Butanediol (BDO) Market Share Analysis: Polyurethane (PU) segment generated the highest revenue in 2024

The Polyurethane (PU) segment is the largest in the Bio-based 1,4-Butanediol (BDO) Market by Application, driven by the extensive use of bio-based 1,4-butanediol in the production of polyurethane materials. Polyurethane is a versatile polymer with a wide range of applications across various industries, including automotive, construction, furniture, electronics, and footwear. Bio-based 1,4-butanediol serves as a key component in the synthesis of polyurethane, where it is reacted with diisocyanates to form polyurethane polymers. With the growing emphasis on sustainability and environmental responsibility, there is increasing demand for bio-based alternatives to conventional petrochemical-derived materials in the polyurethane industry. Bio-based 1,4-butanediol offers manufacturers a renewable and eco-friendly option for producing polyurethane materials without compromising on performance or quality. As a result, the PU segment dominates the Bio-based 1,4-Butanediol Market, propelled by the rising adoption of bio-based materials and the expanding applications of polyurethane in various end-use sectors.

Bio-based 1,4-Butanediol (BDO) Market Share Analysis: Textile is poised to register the fastest CAGR over the forecast period

The Textile segment is the fastest-growing in the Bio-based 1,4-Butanediol (BDO) Market by End-User. Bio-based 1,4-butanediol is increasingly being utilized in the textile industry for the production of eco-friendly and sustainable fibers and fabrics. With consumers becoming more environmentally conscious and seeking sustainable alternatives in their purchasing decisions, there is a growing demand for textiles made from bio-based materials. Bio-based 1,4-butanediol serves as a key building block in the production of bio-based polyester fibers, which are utilized in a wide range of textile applications, including apparel, home furnishings, and industrial textiles. Moreover, technological advancements and innovations in bio-based fiber production processes have led to improved performance and quality of bio-based textiles, further driving their adoption in the market. As sustainability continues to be a driving force in the textile industry, the Textile segment is expected to experience robust growth in the Bio-based 1,4-Butanediol Market.

Bio-based 1,4-Butanediol (BDO) Market

By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Bio based 1 4 Butanediol Companies Profiled in the Study

BASF SE
Genomatica Inc
Global Bio-chem Technology Group Company Ltd
Novamont S.p.A
Qira
Royal DSM N.V.
Shandong LanDian Biological Technology Co. Ltd
Yuanli Science and Technology
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Bio based 1 4 Butanediol Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Bio based 1 4 Butanediol Market Size Outlook, $ Million, 2021 to 2032
3.2 Bio based 1 4 Butanediol Market Outlook by Type, $ Million, 2021 to 2032
3.3 Bio based 1 4 Butanediol Market Outlook by Product, $ Million, 2021 to 2032
3.4 Bio based 1 4 Butanediol Market Outlook by Application, $ Million, 2021 to 2032
3.5 Bio based 1 4 Butanediol Market Outlook by Key Countries, $ Million, 2021 to 2032

4 Market Dynamics
4.1 Key Driving Forces of Bio based 1 4 Butanediol Industry
4.2 Key Market Trends in Bio based 1 4 Butanediol Industry
4.3 Potential Opportunities in Bio based 1 4 Butanediol Industry
4.4 Key Challenges in Bio based 1 4 Butanediol Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Bio based 1 4 Butanediol Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Bio based 1 4 Butanediol Market Outlook by Segments
7.1 Bio based 1 4 Butanediol Market Outlook by Segments, $ Million, 2021- 2032
By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others

8 North America Bio based 1 4 Butanediol Market Analysis and Outlook To 2032
8.1 Introduction to North America Bio based 1 4 Butanediol Markets in 2024
8.2 North America Bio based 1 4 Butanediol Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Bio based 1 4 Butanediol Market size Outlook by Segments, 2021-2032
By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others

9 Europe Bio based 1 4 Butanediol Market Analysis and Outlook To 2032
9.1 Introduction to Europe Bio based 1 4 Butanediol Markets in 2024
9.2 Europe Bio based 1 4 Butanediol Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Bio based 1 4 Butanediol Market Size Outlook by Segments, 2021-2032
By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others

10 Asia Pacific Bio based 1 4 Butanediol Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Bio based 1 4 Butanediol Markets in 2024
10.2 Asia Pacific Bio based 1 4 Butanediol Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Bio based 1 4 Butanediol Market size Outlook by Segments, 2021-2032
By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others

11 South America Bio based 1 4 Butanediol Market Analysis and Outlook To 2032
11.1 Introduction to South America Bio based 1 4 Butanediol Markets in 2024
11.2 South America Bio based 1 4 Butanediol Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Bio based 1 4 Butanediol Market size Outlook by Segments, 2021-2032
By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others

12 Middle East and Africa Bio based 1 4 Butanediol Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Bio based 1 4 Butanediol Markets in 2024
12.2 Middle East and Africa Bio based 1 4 Butanediol Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Bio based 1 4 Butanediol Market size Outlook by Segments, 2021-2032
By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
BASF SE
Genomatica Inc
Global Bio-chem Technology Group Company Ltd
Novamont S.p.A
Qira
Royal DSM N.V.
Shandong LanDian Biological Technology Co. Ltd
Yuanli Science and Technology

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Application
Tetrahydrofuran (THF)
Polybutylene Terephthalate (PBT)
Gamma-Butyrolactone (GBL)
Polyurethane (PU)
Others
By End-User
Automotive
Electrical and Electronics
Textile
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions