UK 1,4 Butanediol Market Size & Outlook, 2022-2030
UK 1,4 butanediol market, 2018-2030 (US$M)
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UK 1,4 butanediol market highlights
- The UK 1,4 butanediol market generated a revenue of USD 102.0 million in 2022 and is expected to reach USD 222.2 million by 2030.
- The UK market is expected to grow at a CAGR of 10.2% 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 102.0 million |
| Market revenue in 2030 | USD 222.2 million |
| Growth rate | 10.2% (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, UK accounted for 1.6% 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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UK 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 52.35% in 2022. Horizon Databook has segmented the UK 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.
In the UK, many small-scale medical device companies and global manufacturers form the medical device manufacturing market. There are around 3,800 companies in the medical technology sector, and small and medium-sized enterprises hold 98% of the market.
There was a high demand for medical devices in the country during the pandemic. During the pandemic, the government collaborated with various medical device outsourcing providers to boost the manufacturing of ventilators and test kits.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK 1,4 butanediol market , including forecasts for subscribers. This country databook contains high-level insights into UK 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK 1 size,4 butanediol market size, by application, 2018-2030 (US$M)
UK 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)
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