Saudi Arabia 1,4 Butanediol Market Size & Outlook
Saudi Arabia 1,4 butanediol market, 2018-2030 (US$M)
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Saudi Arabia 1,4 butanediol market highlights
- The Saudi Arabia 1,4 butanediol market generated a revenue of USD 17.0 million in 2022 and is expected to reach USD 21.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.1% 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 17.0 million |
| Market revenue in 2030 | USD 21.7 million |
| Growth rate | 3.1% (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, Saudi Arabia accounted for 0.3% 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 Middle East & Africa, South Africa 1,4 butanediol 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 34.2 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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Saudi Arabia 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 48.82% in 2022. Horizon Databook has segmented the Saudi Arabia 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.
The availability of world-class healthcare infrastructure and increase in the number of industry experts trained rapidly are supporting the market in Saudi Arabia.
Saudi Arabia medical device approval process is not as stringent as that of developed countries. This is expected to improve the interest of medical device CROs and CDMOs to enter the market, thus boosting competition in Saudi Arabia market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia 1,4 butanediol market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia 1 size,4 butanediol market size, by application, 2018-2030 (US$M)
Saudi Arabia 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)
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