South Africa 1,4 Butanediol Market Size & Outlook
South Africa 1,4 butanediol market, 2018-2030 (US$M)
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South Africa 1,4 butanediol market highlights
- The South Africa 1,4 butanediol market generated a revenue of USD 25.9 million in 2022 and is expected to reach USD 34.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.5% 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 25.9 million |
| Market revenue in 2030 | USD 34.2 million |
| Growth rate | 3.5% (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, South Africa 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 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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South Africa 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 51.35% in 2022. Horizon Databook has segmented the South Africa 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.
Various government initiatives, such as tax breaks, R&D credit, and the establishment of the South African Health Products Regulatory Authority (SAHPRA), are expected to increase foreign investments & collaborations in the country.
According to a report published by South African Medical Research Council, in 2022, medical device R&D in the country was very low; it was less than 1.0% compared to the total revenue of the industry in South Africa.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa 1,4 butanediol market , including forecasts for subscribers. This country databook contains high-level insights into South Africa 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa 1 size,4 butanediol market size, by application, 2018-2030 (US$M)
South Africa 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)
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