Latin America 1,4 Butanediol Derivatives Market Size & Outlook
Latin America 1,4 butanediol derivatives market, 2018-2030 (US$M)
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Latin America 1,4 butanediol derivatives market highlights
- The Latin America 1,4 butanediol derivatives market generated a revenue of USD 1,304.3 million in 2022.
- The market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
- In terms of segment, pbt (polybutylene terephthalate) was the largest revenue generating application in 2022.
- PBS (Polybutylene Succinate) is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,304.3 million |
| Market revenue in 2030 | USD 1,908.8 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Pbt (polybutylene terephthalate) |
| Fastest growing segment | PBS (Polybutylene Succinate) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | THF (tetrahydrofuran), GBL (y-Butyrolactone), Spandex, PBT (polybutylene terephthalate), PTMEG (Polytetramethylene Ether Glycol), NMP (N-methyl-2-pyrrolidone), NVP (N-Vinyl-2-pyrrolidone), PVP (polyvinylpyrrolidones), PBS (Polybutylene Succinate), PBAT (Polybutylene Adipate Terephthalate), TPU (Thermoplastic Polyurethane), 2 PY (2-pyrrolidone) |
| Key market players worldwide | Basf SE, Ashland Inc, Mitsubishi Chemical Group Corp, Evonik Industries AG, LyondellBasell Industries NV Class A, Sinopec Oilfield Service Corp Class H, Dairen Chemical Corporation, Sipchem, Genomatica |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global 1,4 butanediol derivatives market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,908.8 million by 2030.
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1,4 Butanediol Derivatives Market Scope
1,4 Butanediol Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 1,4 butanediol derivatives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 1,4 butanediol derivatives market will help companies and investors design strategic landscapes.
Pbt (polybutylene terephthalate) was the largest segment with a revenue share of 21.05% in 2022. Horizon Databook has segmented the Latin America 1,4 butanediol derivatives market based on thf (tetrahydrofuran), gbl (y-butyrolactone), spandex, pbt (polybutylene terephthalate), ptmeg (polytetramethylene ether glycol), nmp (n-methyl-2-pyrrolidone), nvp (n-vinyl-2-pyrrolidone), pvp (polyvinylpyrrolidones), pbs (polybutylene succinate), pbat (polybutylene adipate terephthalate), tpu (thermoplastic polyurethane), 2 py (2-pyrrolidone) covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Central & South America is likely to witness significant growth on account of growing investments in infrastructure projects in the region. The economies contributing significantly to the regional growth include Argentina, Brazil, Chile, Colombia, Mexico, and Peru.
The growing infrastructural activities, coupled with the automotive and cosmetics & personal care industries are expected to augment the demand for engineering plastics in the construction sector thus driving the demand for 1,4-butanediol.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America 1,4 butanediol derivatives market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America 1,4 butanediol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America 1,4 butanediol derivatives market size, by country, 2018-2030 (US$M)
Latin America 1,4 Butanediol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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