Italy 1,4 Butanediol Market Size & Outlook, 2022-2030
Italy 1,4 butanediol market, 2018-2030 (US$M)
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Italy 1,4 butanediol market highlights
- The Italy 1,4 butanediol market generated a revenue of USD 54.2 million in 2022 and is expected to reach USD 114.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, tetrahydrofuran (thf) was the largest revenue generating application in 2022.
- Tetrahydrofuran (THF) is the most lucrative application segment registering the fastest growth during the forecast period.
1,4 butanediol market data book summary
| Market revenue in 2022 | USD 54.2 million |
| Market revenue in 2030 | USD 114.3 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Tetrahydrofuran (thf) |
| Fastest growing segment | Tetrahydrofuran (THF) |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU) |
| Key market players worldwide | Basf SE, Ashland Inc, DCC PLC, Mitsubishi Chemical Group Corp, Evonik Industries AG, LyondellBasell Industries NV Class A, China Petroleum & Chemical Corp Class H, Sipchem, Genomatica |
Other key industry trends
- In terms of revenue, Italy accounted for 0.8% of the global 1,4 butanediol market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany 1,4 butanediol market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 436.9 million by 2030.
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1,4 Butanediol Market Scope
1,4 Butanediol Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 1,4 butanediol 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 market will help companies and investors design strategic landscapes.
Tetrahydrofuran (thf) was the largest segment with a revenue share of 49.63% in 2022. Horizon Databook has segmented the Italy 1,4 butanediol market based on tetrahydrofuran (thf), polybutylene terephthalate (pbt), gamma-butyrolactone (gbl), polyurethane (pu) covering the revenue growth of each sub-segment from 2018 to 2030.
According to Italy Country Profile 2021, heart diseases, stroke, lung cancer, COPD, and diabetes followed by COVID-19 were among the major causes of death in the country in 2020. The Italy Country Profile also reports that life expectancy in Italy was higher as compared to other European countries.
The high burden of chronic diseases and high life expectancy are expected to improve the demand for technologically advanced medical devices for diagnosis and treatment in the country. This is expected to create opportunities for medical device outsourcing services in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy 1,4 butanediol market , including forecasts for subscribers. This country databook contains high-level insights into Italy 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy 1 size,4 butanediol market size, by application, 2018-2030 (US$M)
Italy 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)
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