U.S. 1,4 Butanediol Market Size & Outlook, 2022-2030
U.S. 1,4 butanediol market, 2018-2030 (US$M)
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U.S. 1,4 butanediol market highlights
- The U.S. 1,4 butanediol market generated a revenue of USD 371.6 million in 2022 and is expected to reach USD 744.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 9.1% 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 371.6 million |
| Market revenue in 2030 | USD 744.2 million |
| Growth rate | 9.1% (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, U.S. accounted for 5.7% 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 North America, U.S. 1,4 butanediol market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 744.2 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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U.S. 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 50.27% in 2022. Horizon Databook has segmented the U.S. 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 U.S. held the largest market share of 86.54% in North America in 2023. Large medical device companies are outsourcing parts of their regulatory functions, such as report writing & publishing,
In November 2023, Rice University, as a member of the Southwest National Pediatric Device Innovation Consortium, became part of a collaborative effort that has secured a 5-year, USD 7.4 million grant from the U.S. Food and Drug Administration.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. 1,4 butanediol market , including forecasts for subscribers. This country databook contains high-level insights into U.S. 1,4 butanediol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. 1 size,4 butanediol market size, by application, 2018-2030 (US$M)
U.S. 1,4 Butanediol Market Outlook Share, 2022 & 2030 (US$M)
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