Russia 1,4 Butanediol Market Size & Outlook, 2022-2030
Russia 1,4 butanediol market, 2018-2030 (US$M)
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Russia 1,4 butanediol market highlights
- The Russia 1,4 butanediol market generated a revenue of USD 23.9 million in 2022 and is expected to reach USD 48.2 million by 2030.
- The Russia market is expected to grow at a CAGR of 9.2% 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 23.9 million |
| Market revenue in 2030 | USD 48.2 million |
| Growth rate | 9.2% (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, Russia accounted for 0.4% 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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Russia 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 49.37% in 2022. Horizon Databook has segmented the Russia 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 the Institute for Health Metrics and Evaluation, diseases such as heart disease, stroke, lung cancer, and COPD were the major causes of death in the country in 2019.
The high burden of these diseases in the country is expected to boost the demand for medical devices, thus creating opportunities for medical device outsourcing providers in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Russia 1,4 butanediol market , including forecasts for subscribers. This country databook contains high-level insights into Russia 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia 1 size,4 butanediol market size, by application, 2018-2030 (US$M)
Russia 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)
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