Saudi Arabia 1,4 Butanediol Derivatives Market Size & Outlook
Saudi Arabia 1,4 butanediol derivatives market, 2018-2030 (US$M)
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Saudi Arabia 1,4 butanediol derivatives market highlights
- The Saudi Arabia 1,4 butanediol derivatives market generated a revenue of USD 315.2 million in 2022 and is expected to reach USD 425.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, spandex was the largest revenue generating application in 2022.
- THF (tetrahydrofuran) is the most lucrative application segment registering the fastest growth during the forecast period.
1,4 butanediol derivatives market data book summary
| Market revenue in 2022 | USD 315.2 million |
| Market revenue in 2030 | USD 425.7 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Spandex |
| Fastest growing segment | THF (tetrahydrofuran) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Saudi Arabia accounted for 1.4% of the global 1,4 butanediol derivatives market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa 1,4 butanediol derivatives market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 717.1 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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Saudi Arabia 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.
Spandex was the largest segment with a revenue share of 32.65% in 2022. Horizon Databook has segmented the Saudi Arabia 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.
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Our clientele includes a mix of 1,4 butanediol derivatives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia 1,4 butanediol derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia 1,4 butanediol derivatives market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia 1,4 butanediol derivatives market size, by application, 2018-2030 (US$M)
Saudi Arabia 1,4 Butanediol Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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