North America 1,4 Butanediol Market Size & Outlook

The 1,4 butanediol market in North America is expected to reach a projected revenue of US$ 1,004.0 million by 2030. A compound annual growth rate of 8.9% is expected of North America 1,4 butanediol market from 2023 to 2030.
Revenue, 2022 (US$M)
$508.1
Forecast, 2030 (US$M)
$1,004.0
CAGR, 2023 - 2030
8.9%
Report Coverage
North America

North America 1,4 butanediol market highlights

  • The North America 1,4 butanediol market generated a revenue of USD 508.1 million in 2022.
  • The market is expected to grow at a CAGR of 8.9% 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.
  • Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.


North America data book summary

Market revenue in 2022USD 508.1 million
Market revenue in 2030USD 1,004.0 million
Growth rate8.9% (CAGR from 2022 to 2030)
Largest segmentTetrahydrofuran (thf)
Fastest growing segmentTetrahydrofuran (THF)
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU)
Key market players worldwideBasf 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, North America region accounted for 7.8% of the global 1,4 butanediol market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Europe is the fastest growing regional market and is projected to reach USD 1,239.8 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

1,4 Butanediol Market Companies

Name Profile # Employees HQ Website

North America 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 50.29% in 2022. Horizon Databook has segmented the North America 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.


North America was one of the major contributors to the growth of medical device outsourcing market in 2023. This region is home to numerous medical device companies, which are outsourcing parts of their regulatory and consulting functions to regulatory service providers, thereby contributing to the growth of the medical device outsourcing market.

The high cost of R&D is a major challenge, which has encouraged various medical device companies in North America to outsource functions to third-party vendors with high levels of expertise in the domain.

Reasons to subscribe to North America 1,4 butanediol market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of North America 1,4 butanediol market databook

  • Our clientele includes a mix of 1,4 butanediol market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the North America 1,4 butanediol market , including forecasts for subscribers. This continent databook contains high-level insights into North America 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

North America 1 size,4 butanediol market size, by country, 2018-2030 (US$M)

North America 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)

North America 1 size,4 butanediol market size, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more