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Reports and Data recently released a research report on the Global Butanediol Market to offer details of recent and emerging market insights to give a comprehensive overview to users and investors. The report provides details about market size, revenue growth, restraints, growth opportunities and challenges. It also sheds light on the players in the global Butanediol market with details about the global position, license agreement, business expansion plans, financial standing, revenue contribution, and overall profile of each player.

The global butanediol market is extremely competitive and consists of various global and regional players. The major players are involved in developing various plans such as mergers and acquisitions, partnerships, introduction of new and improved products, as well as joint ventures.

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The main leaders operating in the market are:

BASF SE, Mitsubishi Chemical Corporation, Ashland Inc., SK Global Chemical Co. Ltd., Nan Ya Plastics Corporation, Mitsui & Co. Ltd., Genomatica Inc., Chemtura Corporation, Dairen Chemical Corporation and Bioamber Inc., among others.

Other key findings from the report suggest:

Butanediol is also applicable as a humectant in pharmaceuticals and as a solvent in cosmetic formulations. It is imported as a solid wax in 200 liter steel drums and is also made of materials.

Butanediol is converted to gamma-hydroxybutyrate (GHB) in the body. GHB slows brain function and can lead to loss of consciousness, as well as a dangerous slowing of breathing and other vital functions. It also stimulates growth hormone secretion.

Polybutylene terephthalate (PBT) is a synthetic thermoplastic polymer. Butanediol is the key raw material for the production of PBT. One of the major market drivers is the growing demand for lightweight vehicles due to their high performance, competitive price, strength, style, reliability and safety.

The Reppe process is a family of high pressure acetylene catalytic reaction processes producing (depending on the reaction of acetylene), butadiene, allyl alcohol, acrylonitrile, vinyl ethers and their derivatives, acrylic acid esters, cyclooctatraene and resins.

The North America market is expected to grow, driven by strong demand for the market product from paints & coatings, cosmetics & personal care, and plastics industries. Additionally, stringent environmental regulations in the region are increasing the demand for bio-based chemicals. This is likely to fuel the demand for butanediol as it is an organic compound.

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Market overview:

Energy is one of the most critical components of infrastructure, crucial for economic growth and the well-being of nations. The existence and development of adequate infrastructure is essential for the sustained growth of the Indian economy.

Sources of electricity generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear to viable unconventional sources such as wind, solar and waste agricultural and domestic. Electricity demand has grown rapidly and is expected to increase further in the coming years. In order to meet the growing demand for electricity, a massive increase in the installed generation capacity is required, which is expected to promote the growth of the electricity and energy market. In addition, new capital investments in energy projects by the public and private sectors, smart grid to better manage services and reduce transmission losses, use of smart meters to meet growing electricity demand will promote further the size of the market until 2027.

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Butanediol Market Segmentation:

Technology outlook:

Davy’s process

Butadiene process

Reppe process

Propylene oxide process

Application Prospects:

Poly butylene terephthalate (PBT)

Tetrahydrofuran (THF)

Polyurethane (PU)

Gamma-Butyrolactone (GBL)

Regional analysis coverages:

North America (United States, Canada, Mexico)

Europe (UK, Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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