#3-Butanediol Market Applications

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The 1,4-Butanediol Industry: Trends, Challenges, and Future Outlook 

1,4-Butanediol (BDO) is a vital chemical compound with diverse applications across multiple industries, including plastics, textiles, and pharmaceuticals. As a versatile intermediate, BDO serves as a building block for various polymers and solvents, making it essential in the manufacturing of products like polybutylene terephthalate (PBT), tetrahydrofuran (THF), and gamma-butyrolactone (GBL). This blog explores the current state of the 1,4-butanediol industry, its market dynamics, growth prospects, and challenges. 

Market Overview 

The 1,4-butanediol market is projected to experience a compound annual growth rate (CAGR) of over 3% throughout the forecast period. The global 1,4-butanediol market has witnessed substantial growth, driven by the increasing demand for polymers and plastics in various applications. According to market research, the 1,4-butanediol market is projected to expand at a significant CAGR over the coming years, reflecting the rising consumption of BDO in key sectors such as automotive, electronics, and textiles. 

Key Drivers of Growth 

Rising Demand for Bio-based Products: The shift toward sustainable and bio-based products is boosting the demand for BDO derived from renewable resources. The development of bio-based BDO production processes is gaining traction, as manufacturers seek to reduce their carbon footprint and meet consumer preferences for sustainable products. 

Increasing Application Scope: The versatility of BDO has led to its growing use in various applications. In the automotive sector, BDO is used in producing high-performance materials that enhance vehicle efficiency and reduce weight. In textiles, it serves as a key component in producing elastic fibers and fabrics, further driving market growth. 

Technological Advancements: Innovations in production technologies are improving the efficiency of BDO manufacturing processes. Companies are investing in research and development to enhance production yields and reduce operational costs, contributing to market expansion. 

Challenges Facing the Industry 

Despite its growth potential, the 1,4-butanediol market faces several challenges: 

Volatility in Raw Material Prices: The fluctuating prices of raw materials, such as propylene oxide and acetylene, can impact the production cost of BDO. This volatility may affect profit margins for manufacturers and hinder market growth. 

Environmental Regulations: Stricter environmental regulations regarding chemical production and waste disposal can pose challenges for BDO manufacturers. Compliance with these regulations requires significant investment in cleaner technologies and processes. 

Competition from Alternatives: The presence of alternative chemicals that can substitute BDO in certain applications may limit market growth. For instance, the emergence of sustainable alternatives like bio-based solvents poses a competitive threat to conventional BDO. 

Future Outlook 

The future of the 1,4-butanediol market appears promising, driven by the increasing demand for sustainable products and innovative applications. The market is expected to witness significant growth, with manufacturers focusing on developing bio-based BDO and enhancing production processes to improve efficiency. 

In conclusion, the 1,4-butanediol industry is positioned for growth, fueled by technological advancements and a shift toward sustainable practices. However, industry stakeholders must navigate challenges such as raw material price volatility and environmental regulations to capitalize on emerging opportunities in this dynamic market. As demand for BDO continues to rise across various sectors, companies that adapt to changing market trends and invest in sustainable practices will likely emerge as leaders in the industry. 

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/1-4-butanediol-market 

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Navigating the Competitive Landscape: Polybutylene Terephthalate (PBT) Market Trends and Competitive Intelligence

  Overview and Scope Polybutylene terephthalate refers to a high molecular semicrystalline engineering thermoplastic and a powerful, extremely crystalline synthetic resin created by the polymerization of terephthalic acid with butanediol. Sizing and Forecast The polybutylene terephthalate (pbt) market size has grown strongly in recent years. It will grow from $2.38 billion in 2023 to $2.52 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%.  The polybutylene terephthalate (pbt) market size is expected to see strong growth in the next few years. It will grow to $3.15 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.  To access more details regarding this report, visit the link: https://www.thebusinessresearchcompany.com/report/polybutylene-terephthalate-pbt-global-market-report Segmentation & Regional Insights The polybutylene terephthalate (pbt) market covered in this report is segmented – 1) By Type: Reinforced Polybutylene Terephthalate, Unreinforced Polybutylene Terephthalate 2) By Processing Method: Injection Molding, Extrusion, Blow Molding, Other Processing Methods 3) By End-User Industry: Automotive, Extrusion, Electrical And Electronics, Other End-User Industries Asia-Pacific was the largest region in the polybutylene terephthalate market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polybutylene terephthalate (pbt) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=8457&type=smp Major Driver Impacting Market Growth The growing automotive industry is expected to propel the growth of the polybutylene terephthalate market going forward. The automotive industry refers to all those companies and activities involved in the manufacturing of motor vehicles, including most components, such as engines and bodies. Polybutylene terephthalate provides good durability under thermal stress and/or harsh chemical environments, particularly in automotive under-the-hood applications. Key Industry Players Major companies operating in the polybutylene terephthalate (pbt) market report are Celanese Corporation, Evonik Industries AG, Saudi Basic Industries Corporation, BASF SE, Chang Chun Group, DuPont de Nemours Inc., Lanxess AG, Koninklijke DSM N.V., Nan Ya Plastics Corporation. The polybutylene terephthalate (pbt) market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

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Global Bio-based 1,3-Butanediol Market Cost Structure and Growth Opportunities 2019

Global Bio-based 1,3-Butanediol Market Cost Structure and Growth Opportunities 2019

Latest Survey on Bio-based 1,3-Butanediol Market

The Bio-based 1,3-Butanediol Market Data Report examines the controlling factors and market segments that assist in decision making in the Bio-based 1,3-Butanediolbusiness. The primary purpose of this research is to understand the influencing factors, industrial upheavals along with revealing the growth patterns. This detailed report study also…

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Global 1,3-Butanediol (CAS 107-88-0) Market - Industry Analysis And Forecast 2022-2027

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1,3-Butanediol, also well-known as 1,3-butylene glycol or butane-1,3-diol, is an alcohol with the formula C4H10O2. It is commonly utilized as a solvent for food flavourings agents and is a co-monomer utilized in the certain polyurethane and polyester resins.

According to the report analysis, ‘Global 1,3-Butanediol (CAS 107-88-0) Market, 2021-2027’ states that Daicel Corporation, Kokyu Alcohol Kogyo Co., Ltd., OQ Chemicals GmbH, among others are the key companies which recently working in the global 1,3-Butanediol (CAS 107-88-0) market more actively for keep maintaining the governing position, registering the great value of market share, obtaining the competitive edge, leading the highest market growth and generating the highest percentage of revenue by establishing the several research and development programs, increasing the features and benefits of 1,3-Butanediol (CAS 107-88-0), spreading the awareness connected to the applications and advantages of 1,3-Butanediol (CAS 107-88-0), implementing the policies of profit making and strategies of expansion, improving the qualitative and quantitative measures of such and analysing the strategies and policies of government as well as contenders.

Apart from this, the requirement for the material is booming in the food, pharmaceutical, paints & coatings, inks, and plasticizer industries. Essentially, the growth in the requirement for pharmaceutical-grade of this chemical from these industries is propelling the market growth.

Globally, the APAC region registers the Global 1,3-Butylene Glycol Market, and it is projected to remain the largest customer of the material in the future as well. The tremendous requirement for this chemical in the emerging economies of the region is projected to propel the global market. The effective growth in demand for cosmetic & personal care products, such as body moisturizing lotions, sunscreen lotions and creams, face washes, hair styling gels, and makeup for men and women, propels the APAC market's expansion, which is motivating the players to take steps to leverage this requirement.

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A rise in requirement for 1,3-butanediol from the pharmaceutical industry and speedy increase in the requirement for cosmetic products are predicted to propel the 1,3-butanediol market throughout the review period. Moreover, 1, 3-butanediol is utilized to derive exceptional plasticizers such as monocarboxylic acid monoester. These plasticizers are utilized in the production of plastics such as polyvinyl chloride (PVC). Proficient growth in plastic and polymer industries is projected to fuel the market during the coming years. 1, 3-butanediol has applications as an antibacterial agent in dairy & meat products owing to its antibacterial properties.

The market in North America and Europe is projected to enlarge at a significant pace, owing to high requirement for 1, 3-butanediol from the cosmetic & personal care, paints & coatings, and plastic industries. In addition, the stringent environmental laws in North America and Europe are increasing demand for bio-based chemicals. This is probable to fuel requirement for 1,3-butanediol as it is an organic compound.  The market in Latin America and Middle East & Africa is predicted to expand at a sluggish growth rate during the forecast duration. Therefore, it is predicted that during the near period the market of 1, 3-butanediol will develop more actively over the assessed period.

For more information on the research report, refer to below link:

Global 1,3-Butanediol (CAS 107-88-0) Market Outlook, 2021-2027

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Potato Flakes Market is projected to grow at a CAGR of 7% during 2019 to 2029

The latest report published by TMR on the potato flakes market includes global industry analysis and opportunity assessment for 2019-2029. Revenue generated by the global potato flakes market has been estimated to be valued at ~US$ 5.7 Bn in 2019, which is projected to increase at a CAGR of ~7% over the forecast period, to reach ~US$ 11.5 Bn by 2029.

Potato Flakes Market: Flourishing Demand from Bakery Industry

Technology and recipes of baking have been improved to increase the shelf life of products and adapt to the shifting preferences of consumers.

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Shelf life is one of the major concerns among bakery manufacturers, as bakery products contain a subsequent amount of moisture, lipid, protein, carbohydrates, and others. Potato flakes help enhance the shelf life of bakery products, owing to their ability to retain water content. Increasing the shelf life is possible with technologies such as interrupted bread-making.

This technology indicates an alternative to overcome staling and microbial deterioration. Ingredient-wise, potato flakes have been widely consumed in the bakery industry to enhance the texture of bakery products. Further, the earthy flavor of potato flakes leads to their widespread application in bakery products. Potato flakes are widely used in cakes, muffins, and breads. The above-mentioned factors strongly support the growth of the potato flakes market due to the bakery industry.

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Potato Flakes Market: Increasing Demand for Prepared Food Surging Growth

Increasing urbanization and per capita disposable income have led customers to spend more on processed, prepared, and ready-to-eat food, which is convenient and saves their time. With the increasing demand for ready-to-eat meals, potato flakes are also gaining traction among food manufacturers. Potato flakes are high in nutritional value, contain a high amount of carbohydrates, are rich in dietary fibers, and also contain vitamins and minerals such as vitamin C.

The high amount of dietary fiber content in potato flakes attracts the obese population, owing to their benefit in controlling hunger. These mentioned factors are expected to create growth opportunities for the potato flakes market in the coming years.

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Baby Food Industry Serving a New Growth Path to Potato Flakes Market

Manufacturers involved in the potato flakes industry are emphasizing on launching organic potato flakes that are easy and comfortable to make food with. For instance, the Ore-Ida brand offers steam mashed potatoes that are easy to mix with milk and offer babies as nutritious solid food. Manufacturers are focusing toward product innovation and launching more brands with fortified protein and mironutrients, organic claims, and instant or ready-to-eat products.

Potato flakes are a rich source of nutrients, vitamins, and minerals, and are increasingly being used for making puree or small portion size meals for infants. The increasing popularity of potato flakes in the baby food segment is expected to fuel the demand for potato flakes in the coming years.

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Maleic Anhydride Market - Global Outlook and Forecast 2021-2027

This report contains market size and forecasts of Maleic Anhydride in global, including the following market information:

Global Maleic Anhydride Market Revenue, 2016-2021, 2022-2027, ($ millions)

Global Maleic Anhydride Market Sales, 2016-2021, 2022-2027, (K MT)

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Global top five Maleic Anhydride companies in 2020 (%)

The global Maleic Anhydride market was valued at 3110 million in 2020 and is projected to reach US$ 4162.7 million by 2027, at a CAGR of 7.6% during the forecast period.

We surveyed the Maleic Anhydride manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Maleic Anhydride Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K MT)

Global Maleic Anhydride Market Segment Percentages, By Type, 2020 (%)

Solid Maleic Anhydride

Molten Maleic Anhydride

Global Maleic Anhydride Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K MT)

Global Maleic Anhydride Market Segment Percentages, By Application, 2020 (%)

Unsaturated Polyester Resin

1,4-butanediol (BDO)

Other

Global Maleic Anhydride Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K MT)

Global Maleic Anhydride Market Segment Percentages, By Region and Country, 2020 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Maleic Anhydride revenues in global market, 2016-2021 (Estimated), ($ millions)

Key companies Maleic Anhydride revenues share in global market, 2020 (%)

Key companies Maleic Anhydride sales in global market, 2016-2021 (Estimated), (K MT)

Key companies Maleic Anhydride sales share in global market, 2020 (%)

Further, the report presents profiles of competitors in the market, key players include:

Huntsman Corporation

Sasol-Huntsman

Ashland

Polynt

LANXESS

Thirumalai Chemicals Ltd.

Flint Hills Resources

BASF

YONGSAN CHEMICALS,INC

DSM

Mitsubishi Chemical

NIPPON SHOKUBAI

Elekeiroz SA

Bartek Ingredients

Korea PTG

CEPSA

MOL Group

Mitsui Chemicals

Changzhou Yabang Chemical

Tianjin Bohua Zhonghe Chemical

Qiaoyou Chemical

Zibo Qixing Tengda Chemical

Zhejiang Jiangshan Chemical

Hongxin Chemical

Shengyuan Group

Jiangyin Shunfei Fine chemical

Jiangsu Zhongteng Chemical

Huanghua Hongcheng Business

Shanxi Hengqiang Chemical

Changzhou Shuguang Chemical

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Table of content

1 Introduction to Research & Analysis Reports 1.1 Maleic Anhydride Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Maleic Anhydride Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Maleic Anhydride Overall Market Size 2.1 Global Maleic Anhydride Market Size: 2021 VS 2027 2.2 Global Maleic Anhydride Revenue, Prospects & Forecasts: 2016-2027 2.3 Global Maleic Anhydride Sales (Consumption): 2016-2027 3 Company Landscape 3.1 Top Maleic Anhydride Players in Global Market 3.2 Top Global Maleic Anhydride Companies Ranked by Revenue 3.3 Global Maleic Anhydride Revenue by Companies 3.4 Global Maleic Anhydride Sales by Companies 3.5 Global Maleic Anhydride Price by Manufacturer (2016-2021) 3.6 Top 3 and Top 5 Maleic Anhydride Companies in Global Market, by Revenue in 2020 3.7 Global Manufacturers Maleic Anhydride Product Type 3.8 Tier 1, Tier 2 and Tier 3 Maleic Anhydride Players in Global Market 3.8.1 List of Global Tier 1 Maleic Anhydride Companies 3.8.2 List of Global Tier 2 and Tier 3 Maleic Anhydride Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Maleic Anhydride Market Size Markets, 2021 & 20

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Propylene Market Research Report 2030: Covid 19 Impact Outlook, Regional Analysis, Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, Forecast

According to ChemAnalyst report, “Propylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Propylene market witnessed a demand of around 95 million tons in 2020 and anticipated to grow at a significant rate with a healthy CAGR of 5.41% until 2030 attributed to the wide range applications of the chemical in various end use industries such as Automotive, Packaging, Construction, Textiles, and Others.

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Propylene or propene (C3H6) is a colorless, non-toxic, extremely flammable fuel gas with a Petroleum like pungent smell and under pressure becomes liquid. During the refining process of gasoline Propylene is obtained however, three main processes involved in the production of Propylene are Steam cracking, fluid catalytic cracking (FCC) and Olefin conversion technology. Liquid petroleum derivatives such as LPG, naphtha, propane etc. are used as feedstock in the production.

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Depending upon level of purity, Propylene market is segmented into different grades such as Polymer Grade (>=99.5%), Chemical Grade (>=93.4%), Refinery Grade (60 - 70%). Polymer-grade propene commonly used in manufacturing polypropylene and propene oxide. Chemical-grade propene is used to produce several chemical derivatives such as oxo alcohols, acrylonitrile, acetone etc. While Refinery-grade propene, obtained from refinery processes and is prominently used as an octane booster in gasoline or in LPG for thermal use. Additionally, it can also be used in syntheses of some chemicals.

Propylene is a basic commodity in chemicals and petrochemicals industry and primarily used in the production of polypropylene resin, fibers, elastomers, and other chemicals such as propylene oxide, isopropanol, acrylonitrile, acetone, propylene glycol, cumene (used for synthesizing phenol & acetone) etc. Most of Propylene produced globally is consumed in manufacturing Polypropylene. Among all the derivatives, polypropylene is the most important industrial chemical followed by Propylene Oxide owing to its versatile properties and being a key ingredient in plastics. Polypropylene is employed in several end use industries like Automotive, Plastics, Construction, Packaging, Electronics and Electricals, Textile, Packaging, Consumer goods etc. The spur in the demand of Polypropylene is anticipated to fuel the market over the forecast period as it is a key raw material of Polypropylene.

Propylene oxide, the second major derivative of Propylene finds applications in detergents, paints, adhesives, cosmetics and used in the production of several derivative products such as polyether polyols, propylene glycol, butanediol which further are employed in numerous applications.  Similarly, other derivative of Propylene, Polypropylene Glycol has wide range of applications in Cosmetics & Personal Care, Food & Beverage, Pharmaceuticals, Building & Construction and Automotive among others. Additionally, Isopropyl Alcohol another Propylene derivative owing to its antibacterial properties used in making sterilizers, disinfectants as well as antiseptic soaps and lotions. Hence, these vast applications of Propylene and its derivatives are likely to augment the market in the forecast years. However, It is a petrochemical derivative related to health hazards coupled with rigorous safety standards linked to its production and transportation are expected as major challenges in market growth .

In first half of 2020, the unprecedented outbreak of COVID-19 across the globe led to nationwide lockdowns and disruption in the functioning of several manufacturing plants. Along with that disturbance in the supply and demand chain drastically impacted several industries. During the first wave of Covid 19, slum in the major end use industries, Automotive, Construction, Chemical, Textile, Plastics also affected the market for Polypropylene. However, a surge in the demand was observed as its derivatives such as Polypropylene Glycol, Isopropyl alcohol are used as disinfectant or to produce sanitizers as well as liquid cleaners due to rising hygiene concerns amid pandemics. Additionally, after the exemption of trade restriction and resumption in industrial operations in the second half of 2020, Propylene demand was recovered rapidly due to high demand from end use industries and is expected to swell the demand for Propylene in the forthcoming years.

Region wise, Asia Pacific dominates the market and is expected to boost through 2030 owing rapid industrialization, urbanization, and large consumer base in the region. Moreover, the boom in Automotive sector coupled with the rapid growth in the Construction sector is likely to enhance the demand in APAC. Additionally, China is expected to present the most lucrative market globally being the leading producer of Electronics, Plastics, Textiles, Packaging films etc. Other Countries such as India, Japan and South Korea are also expected to offer substantial growth opportunities in Global market.  

North America and Europe are expected to grow significantly in the upcoming years due to the presence of chemical industries as well as sources of raw materials (Shale Gas) in abundance. Additionally increase in its consumption as an octane booster also going to boost its industry in the upcoming years.

According to ChemAnalyst report, “Propylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”, Major players for Propylene globally include LyondellBasell Industries N.V., The Dow chemical Company, SABIC, BASF SE, Sinopec Corp., BP plc., ExxonMobil Corporation, Shell Plc., Total S.A., Huntsman Corporation, Valero Energy Corp. China Petroleum & Chemical Corporation, IRPC plc. and Reliance Industries Limited among others.

“Propylene is identified as a versatile commodity and Polypropylene production holds the major demand share of the global market and it is anticipated that the growth of polypropylene industry would strongly drive the market in the upcoming years. Its other derivatives such as propylene oxide, acrylic acid, acetone, IPA, polypropylene glycol, cumene etc. have wide range of applications in numerous industries and are also going to boost Propylene demand in the forecast period. Further, rapidly growing Construction and Automotive industry along with Packaging industry can offer lucrative growth opportunities in Global Propylene market. Due to rising environmental concerns, leading Propylene manufacturers are aiming to shift from petrochemical driven Propylene to biobased Propylene to reduce carbon footprint would extend potential prospects for the expansion of Propylene market size in the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.

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Propylene Glycol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Grade, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030.

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Cumene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Competition, Trade, Customer & Price Intelligence Market Analysis, 2030

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[market-research-industry]

2,3-butanediol market to reach valuation of ~us$ 300 MN by 2030

2,3-Butanediol Market: Introduction

In terms of value, the global 2,3-Butanediol market is anticipated to expand at a CAGR of 3.5% from 2020 to 2030. The rise in demand for rubbers such as styrene–butadiene rubber, styrene–butadiene latex, nitrile rubber, and chloroprene rubber in the tire industry is expected to drive the global 2,3-Butanediol market, as 2,3-Butanediol is converted into 1,3-Butadiene that is extensively employed in the manufacture of different kinds of rubbers. 2,3-Butanediol acts as a precursor to methyl ethyl ketone (also known as MEK or 2-butanone). The demand for 2,3-Butanediol is estimated to rise significantly in this area of application during the forecast period. The demand for products with natural origin has been rising across the globe. Products manufactured through fermentation and biorefinery processes are replacing synthetic and petrochemical products. 2,3-Butanediol (2,3-BD) is a promising bulk chemical with potentially wide range of applications.

High Cost of Commercial Production to Hamper 2,3-Butanediol Market

2,3-Butanediol is a niche chemical. The industry is currently in the early phase of its adoption. The high cost involved in the commercial production of 2,3-Butanediol is a key factor hampering the global market. 2,3-Butanediol witnessed a moderate level of commercialization up to 2019. Currently, manufacturers are engaged in scaling up the production of 2,3-Butanediol and its usage as a precursor to several industrial chemicals such as methyl ethyl ketone, butadiene, and acetoin through pilot plant operations. The availability of prominent cost-effective substitutes such as 1,4-Butanediol, 1,3-Butanediol, and 1,2-Butanediol is projected to hinder the global 2,3-Butanediol market in the near future.

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Intermediate Chemicals to Offer Lucrative Opportunities

In terms of application, the global 2,3-Butanediol market has been divided into intermediate chemicals, plastics, food additives, cosmetics, and others. In terms of value, the intermediate chemicals segment dominated the global 2,3-Butanediol market in 2019. The intermediate chemicals segment is anticipated to expand at a CAGR of more than 3.6% during the forecast period. 2,3-Butanediol is used as an intermediate chemical in various industrial compounds, which can be used as building blocks for the production of synthetic rubbers, plasticizers, printing inks, solvents, flavorings, and pharmaceuticals. 2,3-Butanediol is employed in the production of acetoin, a high value feedstock that can be widely used in dairy and cosmetic products, and chemical synthesis. The demand for 2,3-Butanediol is high as synthetic rubber precursor, as it is used in the production of 1,3-butadiene. 2,3-Butanediol can be converted into methyl ethyl ketone (MEK), which is used as a biofuel additive. After combining with methyl-ethyl-ketone and hydrogenation reaction, 2,3-Butanediol can be converted into octane, which is used to produce high-quality aviation fuel.

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Asia Pacific to be Lucrative Region of 2,3-Butanediol Market

Based on region, the global 2,3-Butanediol market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume, Asia Pacific accounted for significant share of the global 2,3-Butanediol market in 2019. This trend is projected to continue during the forecast period. Several 2,3-Butanediol manufacturers such as Global Bio-Chem Technology Group and TCI operate in Asia Pacific. Latin America is a high potential region of the global 2,3-Butanediol market. The demand for 2,3-Butanediol is likely to rise in the region as food additive during the forecast period. Regional manufacturers have been significantly using waste gas as a resource to create a diversified range of fuels and chemicals, including 2,3-Butanediol.

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Competition Landscape

In October 2018, Shimadzu (Shanghai) Global Laboratory Consumables Co., Ltd. became the exclusive distributor of Orochem Technologies Inc.’s bio-analytical sample preparation products in China. In 2018, Global Bio-Chem Technology Group entered into extensive collaborations with local and overseas research institutes and universities to encourage theoretical and technological exchange worldwide. It invests about 1%-3% of the turnover in research and development annually. The company has completed more than 10 R&D projects on corn-based biochemical products. It had several new products under development in 2018. Precigen, Inc. invested US$ 404.6 Mn, US$ 143.2 Mn, and US$ 112.1 Mn in research and development activities in 2018, 2017, and 2016, respectively. The company has accomplished biological production on a non-commercial scale of six fuel and chemical products, which hold an array of opportunities. These product opportunities include 2,3-Butanediol and isoprene for conversion into synthetic rubber, isobutanol for gasoline blending, 1,4-Butanediol for polyester, farnesene for diesel fuel and lubricants, and isobutyraldehyde for acrylics. Leading players have taken initiatives to expand their presence through acquisitions, increase of production capacities, and strategic partnerships.

Key Players in Global Market

Key manufacturers operating in the global 2,3-Butanediol market are Global Bio-Chem Technology Group, Orochem Technologies Inc., Precigen, Inc., Haihang Industry Co., Ltd., LanzaTech, Henan Coreychem Co., Ltd., Tokyo Chemical Industry Co., Ltd., Merck KGaA, Biosyncaucho S.L., and GS Caltex.

Global 2,3-Butanediol Market: Segmentation

2,3-Butanediol Market, by Application

Intermediate Chemicals

Plastics

Food Additives

Cosmetics

Others (including Pesticides and Anti-freeze Agents)

2,3-Butanediol Market, by Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

U.S.

Canada

Germany

Italy

Spain

Rest of Europe

China

India

Japan

Rest of Asia Pacific

Companies in the 2,3-Butanediol market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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Succinic Acid CAS 110-15-6 manufacturer spot Succinic acid, Succinic acid quality assurance price

Succinic Acid CAS 110-15-6 manufacturer spot Succinic acid, Succinic acid quality assurance price

Succinic acid is an important "C4 platform compound", which is widely used in food, medicine and agriculture, as a raw material for the synthesis of 1,4-butanediol, tetrahydrofuran, N-methylpyrrolidone and biodegradable biopolymers such as polybutylene glycol succinate. The biosynthesis of 1 molar butanedioic acid will be a promising application. The biosynthesis of 1 mole of succinic acid will fix 1 mole of carbon dioxide, so the production of succinic acid by fermentation with carbon dioxide as raw material can not only reduce the cost of raw materials, but also reduce greenhouse gas emissions.

Succinic acid is also known as succinic acid. The molecular formula HOOCCH2CH2COOH. Succinic acid is found in amber, but also in a wide variety of plants and human and animal succinic acid tissues, such as immature grapes, beets and rhubarb, human blood and muscle, bovine brain, spleen and thyroid gland. Succinic acid is an intermediate in the metabolism of carbohydrates in the body. Succinic acid is widely distributed in the animal and plant kingdoms and was first discovered in 1550 by Agricola during the distillation of amber, hence the name succinic acid. Succinic acid (SA) is an intermediate in the synthesis of many organic substances and an important raw material for the manufacture of drugs, and is widely used in food, medicine and chemical industry. It is widely used in food, medicine, chemical industry and other fields, and with the development of the times, there are new breakthroughs in the application of succinic acid and its extension products.

Succinic acid is colorless crystal; relative density 1.572(25/4℃), melting point 188℃, decompose at 235℃; can be sublimated by distillation under reduced pressure; soluble in water, slightly soluble in ethanol, ether and acetone. As ionic chelating agent, succinic acid is used in the electroplating industry to prevent dissolution and pitting of metals; Succinic acid is a good surfactant, a component of descaling agents, soaps and emulsion breakers; Succinic acid can produce depilatory agents, toothpaste, cleaning agents, efficient wrinkle beauty esters. Succinic acid is also used in lubricants, additives, and elastomers.

Basic information

Chinese name: succinic acid

English name: succinic acid

Chinese name 2: succinic acid

English name 2: amber acid

CAS No.: 110-15-6

Molecular formula: C4H6O4

Molecular weight: 118.09

Physical and chemical properties

Main components: Content: ≥99.0%; sulfate ≤0.02%; heavy metal ≤0.002%; iron ≤ 0.002%; ash ≤ 0.1%.

Appearance and properties: Colorless or white, odorless and acidic prismatic or flaky crystals.

Melting point(℃): 185

Boiling point(℃): 235(decomposition)

Relative density (water=1): 1.57(15℃)

Solubility: soluble in water, ethanol, ether, acetone.

Succinic acid is widely used in pharmaceutical, dye, paper, textile, spice, coating, food, plastic and other industries; currently, the sales volume of industrial grade succinic acid is over 15,000t, largely produced by petrochemical method from butane through cis-butenedianhydride. Only succinic acid for the food market is produced by the fermentation method.

Butanedioic acid produced from butanedioic acid alkyd resin has good flexibilization, elasticity and water resistance, which can be used in the pharmaceutical industry to produce sulfonamides, vitamin A, vitamin B and hemostatic drugs; diphenyl ester of butanedioic acid is an intermediate of dyestuff, and reacts with amino anthraquinone to produce anthraquinone dyestuff; in addition, butanedioic acid also has a wide range of uses in paper manufacturing, textile industry, and can also be used as lubricants, photographic chemicals and It is also used as a raw material for lubricants, photographic chemicals and surfactants. Succinic acid is also used as a food acidifier for flavoring wine, feed, and candy. With sales of more than $400 million per year, it is conceivable that the market for succinic acid is quite large, so the main markets for succinic acid are in the following areas.

► Food industry application areas

Directly applied in food.

1、Acid (chemical) agent ;

2、Buffering agent, neutralizing agent;

3、Japanese sake, fermented soybean paste, soy sauce, cool drinks, sugar products and other flavoring agents.

Synthesize a variety of food additives from other raw materials.

1, emulsifier, dough improver, nutritional supplements;

2、Preparation of berry flavors and as a solvent for fruit-based spices;

3, flavor improver, acidifier, mainly used in the preparation of soy sauce and used in sausage, ham, surimi products, etc;

4、Dried shellac.

► Chemical industry applications

1、Biodegradable plastic (PBS);

2、Dimethyl succinate;

3、Electroplating PH value adjusting agent;

4、Alkyd resin;

5、Dyestuff;

6、Varnish viscosity stabilizer;

7、Lubricants and surfactants for photographic chemicals;

8、Candles.

► Pharmaceutical industry applications

1、Diuretics, expectorants, vitamin A, vitamin B, sulfonamides, synthesis of hemostatic drugs;

2、Antidote, antitussive agent;

► Other application areas

1、An important organic reagent;

2、A widely used plant growth hormone.

Preparation method

Used in the preparation of pentacyclic compounds. The product is an organic chemical raw material with a wide range of applications. Dosing - electrochemical synthesis - decolorization - cooling crystallization - static system - centrifugal separation - drying - packaging

There are more industrial preparation methods, mainly as follows.

1. Oxidation method

Paraffin wax is deeply oxidized to produce a mixture of various carboxylic acids, and then separated by water distillation and crystallization to obtain succinic acid.

2. Hydrogenation method

Hydrogenation of maleic anhydride or transbutenedioic acid under the action of a catalyst produces succinic acid, which is then separated to obtain the finished product. The catalyst is nickel or precious metal, and the reaction temperature is about 130- 140℃.

3. Acrylic acid carbonyl synthesis method

Acrylic acid and carbon monoxide in the presence of a catalyst to produce butanedioic acid. Not yet industrialized.

4. Electrolytic oxidation method

Phthalic anhydride and sulfuric acid and water in the ratio of 1:0.5:4, electrolysis in a ceramic electrolyzer, can be obtained butanedioic acid. Electrolytic synthesis of raw materials for maleic acid or maleic anhydride, cathode and anode solution with dilute sulfuric acid, separated by a cationic membrane, cathode and anode are generally used lead plate, usually with a plate and frame electrolyzer synthesis.

5. Acetylene method

Acetylene reacts with carbon monoxide and water in the presence of [CO(CO)4] catalyst in acidic medium to obtain succinic acid, reaction temperature 80-250℃, pressure 2.94-49.03MPa.

6. Emerging fermentation method

Compared with traditional chemical methods, microbial fermentation method for succinic acid production has many advantages: competitive production cost; use of renewable agricultural resources, including carbon dioxide, as raw materials, avoiding the dependence on petrochemical raw materials; reduce the pollution of the environment by chemical synthesis process.

Precautions: Less toxic, irritating to eyes, skin and mucous membranes, not toxic to the whole body. This product is flammable and irritating. Less toxic, irritating to eyes, skin and mucous membranes, but not toxic to the whole body.

Environmental hazards: It is hazardous to the environment and can cause pollution to water bodies and the atmosphere.

Flammability hazard: The product is flammable and irritating.

Hazardous characteristics: Flammable when exposed to open flame and high heat. Powder and air can form an explosive mixture, when it reaches a certain concentration, it will explode in contact with a spark. Decomposition by high heat, emitting irritating fumes.

Pharmacological effects

1. Antibacterial effect of succinic acid at a concentration of 2mg/ml has an inhibitory effect on Staphylococcus aureus, Staphylococcus catarrhalis and Bacillus typhi, Pseudomonas aeruginosa, S. dysenteriae.

2. Central inhibitory effect rats, mice, guinea pigs, rabbits, cats and dogs intraperitoneal injection of succinic acid can protect animals against hyperbaric, electroconvulsive and auditory convulsions. The anticonvulsant effect is associated with increased GABA content in the brain. Hot plate method has analgesic effect and synergistic effect with pentobarbital, as well as sedative and hypothermic effect.

3. Anti-ulcer effect on gastric ulcer produced by pyloric ligation in rats, 50mg/kg injected intraperitoneally or orally, anti-ulcer effect due to inhibition of gastric juice secretion and dilatation of gastric muscle.

4. Effects on immune function: Succinic acid was dissolved in saline and pH adjusted to 6.4 by adding NaHCO3 at a concentration of 11.8%. 1mM (118mg)/kg, 2.5mM (295mg)/kg and 5mM (590mg)/kg were injected intraperitoneally into rats and rabbits daily for 7d, once daily. 0.025), but the increase in phagocytosis was not significant. In rabbits, the leukocyte count increased significantly at higher doses, and the phagocytosis rate also increased (P<0.01). In the specific skin reaction test, intraperitoneal injection of succinic acid 5mg/kg for 4 times in 48h or once daily for two weeks, succinic acid inhibited passive and active skin allergic reactions in rabbits and reduced the formation of serum 1gE antibody in animals.

5.Antitoxic effect Succinic acid has obvious protective effect on mice in poisonous cobra, and the rate of protection is similar to the original formula.

Source of ingredients

Succinic acid natural source is the resin of the pine plant buried in the ground for a long time to become amber, etc., in addition to a wide range of plants, animal tissue. Succinic acid is the resin of pine plant, buried in the ground for a long time to make amber, amber contains 7.8% of this product. Angelica sinensis (Oliv.) Diels root of Umbelliferae, Pothos chinensis (Raf.) Merr. of Tennantaceae, Lesspedeza caneata G. Don of Leguminosae, Lo-belia chinen-sis of Erythrinaceae Lour. whole herb, Orchidaceae Sarcardra glabra (Thumb.) Nakai whole herb, Sandalwood spice plant Thesium chinense Turcz. whole herb. Leguminosae Cloverleaf; Umbelliferae Angelicae Root; Tennantaceae Vine Orange; Erythrinaceae Hemipterocarpus; Orchidaceae; Sandalwood and Strawberry. Grapes, etc.

Product Center

Succinic acid (succinic acid) series

Succinic acid, disodium succinate(hexahydrate), disodium succinate(anhydrous), dipotassium succinate, calcium succinate, ammonium succinate, dimethyl succinate, diethyl succinate, diisopropyl succinate;

Phthalocyanine pigment series

Phthalocyanine blue BGS 15:3, Phthalocyanine blue BGS 15:4, Phthalocyanine blue B 15, Phthalocyanine green G 7, Copper phthalocyanine intermediate ≥95%

Product advantages

As the industry benchmark of supply chain service in the field of chemical products, we have senior industry experience and provide market advantageous price, and have won excellent reputation among many customers.

Industry field Strong strength

As the industry standard of supply chain service in the field of chemical products, we have perfected a set of accurate operation system and established long-term stable and reliable cooperation relationship with many famous chemical companies and large refineries.

Full range of products and sufficient inventory

The company currently operates more than a thousand kinds of chemical products, with factories, barrels, bagged warehouses, liquid storage tanks around the world; large storage capacity, stable supply

Professional team Service on paper

We have rich international trade experience and professional talents in the chemical field, professional customer service team "one-to-one" refinement service, to provide accurate quotation and consulting services, for your procurement comprehensive gate-keeping.

High quality products High quality price

Focus on the process of product quality control, adhere to only "genuine"; senior industry experience, to provide market advantageous prices, and won a good reputation among many customers.

About US

Anhui San-Xin Chemical Co., Ltd. is a manufacturer and operator of fine chemicals, including succinic acid, succinic anhydride and their derivatives. Our products include: succinic acid, succinic anhydride, sodium succinate, potassium succinate, butanediimide, dimethyl succinate, diethyl succinate, dibutyl succinate, etc. Our products are sold nationwide and overseas. Its products are sold nationwide and overseas and are widely used in pharmaceuticals, pesticides, dyestuffs, synthetic spices, synthetic resins, plastic additives, food additives, chemical analysis, electroplating and other fields.

The products are widely used and more than 90% of them are exported to more than 20 countries and regions such as USA, UK, Japan, France, Germany, Australia, Middle East, Hong Kong, Taiwan, Macau, etc. The sales network of the products spreads all over China and we have established long-term business relationships with some large and medium-sized enterprises. In 1997, it was recognized as a provincial high-tech product.

Our main products include food preservatives, food flavors and fragrances, food sweeteners, food emulsifiers, food bulking agents, food thickeners, antioxidants, nutritional fortificants, amino acids, vitamins, health care raw materials, pharmaceutical excipients and other products. The company has strict quality control procedures, scientific business management and efficient logistics operation system, which provide a solid guarantee for the customers to get stable, safe and high quality food additives. We strictly implement the requirements of ISO9001:2008 quality management system standard, and on the basis of this, our succinic acid series products have passed STAR-K certification, FDA certification, etc. Our main production and operation products are: succinic acid series products; we also deal with phthalocyanine organic pigment series, iron oxide series, refined anhydrous calcium chloride and other products.

The essence of Qino's corporate culture is "scientific and open, innovative and enterprising, behave honestly and do real work", which is interpreted with different cultural connotation at different times, and will inspire our Qino staff to strive for the pursuit. In today's increasingly competitive market, we will take strict product quality, reasonable transaction price, after-sales service and honest business reputation as the basis, in accordance with the company values of "the best and the most beautiful, mutual benefit and win-win", with a well-qualified, technical, young and competent staff team, in line with " Customer first, service" business philosophy, and the majority of business partners sincere cooperation, common development, and create a better future. For a long time, San-Xin people pursue the corporate philosophy of honesty and trustworthiness, customer first, and the enterprise spirit of dedication, collaboration, pragmatism and innovation, so that you can feel the sincere and satisfactory San-Xin service. Looking ahead, there is a long way to go, we will, as always, strengthen the friendship and cooperation with friends from all walks of life at home and abroad to promote the development of our common cause!

The future, butanedioic acid market development prospects

Succinic acid has a wide range of promising applications in food, pharmaceuticals, surfactants, green solvents, biodegradable plastics and other fields, and the chemical products market for its derivatives has a large potential. The most promising market at present is as the main raw material for the biodegradable plastic polybutylene glycol succinate. At present, the technology of synthesizing PBS biodegradable plastic from succinic acid has been successfully developed and put into mass production in BASF, Mitsubishi, Tsinghua University and Institute of Physical and Chemical Sciences, Chinese Academy of Sciences, etc. Compared with other biodegradable plastics, PBS not only has excellent mechanical properties, but also has reasonable price and high market demand.

In the future, the annual demand of PBS in China will reach more than 3 million tons, based on the production of 1 ton of PBS consuming 0.62 tons of succinic acid, the consumption of 1.8 million tons of succinic acid, and the current annual production capacity of succinic acid in China is far from being able to meet the needs of the market, the market growth of succinic acid is huge. At present, a number of domestic enterprises are actively preparing to start PBS projects, has successfully produced PBS enterprises Anqing and Xing 2009 production capacity of 10,000 tons, ready to follow up on the annual production capacity of 100,000 tons, Xinfu Pharmaceuticals annual production capacity of 3,000 tons, etc.. And with the successful development of PES plastic (organic polymer material obtained by condensation of succinic acid and ethylene glycol) and PHS plastic (organic polymer material obtained by condensation of succinic acid and adipic acid), two new degradable plastics, the demand for succinic acid will increase greatly. However, the traditional method of producing succinic acid which has been using non-renewable strategic resource petroleum products as raw materials has led to high prices and pollution, inhibiting the development potential of succinic acid as an excellent chemical platform product. The foreign production of succinic acid through biofermentation method uses cheap raw materials, and after reasonable process optimization, produces succinic acid products with more tremendous advantages and development potential, and with China's green industry attention, especially under the growing demand for global sustainable solutions, the competitiveness of biodegradable bio-based polybutylene succinate is enhanced, which will make the bio-based butanedioic acid market become bigger and this method will have a huge development potential.

[delightfulconnoisseurgentlemen]

Butanediol Market Size Key Opportunities, Strategic Assessment, Strong Revenue and Forecast to 2026

" The research report provided by Reporthive is a detailed study of the Butanediol market, the statistical survey report focuses on product specifications, cost, production capacity, marketing channel, list of distributors and a comprehensive analysis of import and export of the product. The upstream raw materials, downstream demand analysis, as well as the list of consumers have been systematically studied, as well as the supplier and cost of this industry. Product flow and distribution channel were also featured in Butanediol research report. The entire value chain, downstream and upstream essentials are carefully considered in this report. Trends that impact the growth of the market, such as globalization, growth advancements, regulation of fragmentation and ecological concerns are described. Mainframe of Banks market research report shows technical data, raw materials, volumes, and manufacturing analysis. It explains which product has the highest penetration in which market, their profit margins, break-even analysis and R&D status. The report makes future projections for significant opportunities on the basis of the market subdivision analysis. Competitive landscape: The major players in the Mainframe market for banks are BASF, Ashlan, Dairen Chemical Corporation, LyondellBasell Industries, Mitsubishi Chemical Corporation >>> FREE Report Sample of Butanediol Market Report 2021-2026 for Better Understanding @  https://www.reporthive.com/request_sample/2803465 Segments covered in the report: This report offers historical data points and forecast as well as revenue growth at global, regional and country level, and provides analysis, industry trends and details on consumption patterns for each region, major country. and segment from 2021 to 2026. The global Butanediol market report includes industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and contribution to the market share of each regional and national market. Further, the report offers industry analysis and competitive landscape, company financial data, and impact analysis. The report comprises a detailed view of the Global Butanediol Market, For this report, Reports and Data segmented the global Butanediol market on the basis of system type, component, and region: Product Outlook (Revenue, USD Billion; 2021-2026): Industrial Grade, Cosmetic Grade Application Outlook (Revenue, USD Billion; 2021-2026):  Cosmetic, Industrial Regional outlook (revenue, billion USD; 2021-2026): The research study covers all major geographic regions as well as sub-regions of the world. The report focuses on the market size, value, product sales and growth opportunities in these regions. Each of these regions is analyzed on the basis of market findings in major countries in these regions for an understanding of the Butanediol market. Key regions are extensively analyzed for each parameter of the geographies in question, including, North America (United States, Canada and Mexico) Europe (Germany, France, United Kingdom, Russia, Italy and rest of Europe) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia and the rest of South America) Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa and Rest of Middle East and Africa) The report proposes: 1. Overview of the structure, scope, profitability, and potential of the Global Butanediol Market 2. Accurate assessment of market size, share, demand and sales volume 3. Authentic estimates for revenue generation and market development, forecast until 2021-2026. 4. An in-depth study of the Butanediol market companies including their organizational and financial status 5. Perception of critical market segments including, forecasting study 6. Judgment of upcoming opportunities and potential threats and risks in the Global Butanediol market

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TOC Highlights: Chapter 1. Introduction: The Butanediol research work report covers a concise introduction to the global market. This segment provides assessments of key participants, a review of Butanediol industry, outlook across key areas, financial services, and various difficulties faced by Butanediol Market. This section depends on the Scope of the Study and Report Guidance. Chapter 2. Outstanding Report Scope: This is the second most significant chapter, which covers market segmentation along with a definition of Butanediol. It characterizes the whole scope of the Butanediol report and the various features it is describing. Chapter 3. Market Dynamics and Key Indicators: This chapter incorporates key elements focusing on drivers [Includes Globally Growing Butanediol frequency and Increasing Investments in Butanediol], Key Market Restraints[High Cost of Butanediol], opportunities [Arising Markets in Developing Countries] and introduced in detail the arising trends [Consistent Innovate of New Screening Products] development difficulties, and influence factors shared in this latest report. Chapter 4. Type Segments: This Butanediol market report shows the market development for different kinds of products showcased by the most far-reaching organizations. Chapter 5. Application Segments: The analysts who composed the report have completely assessed the market capability of key applications and perceived future freedoms. Chapter 6. Geographic Analysis: Each provincial market is deliberately examined to understand its current and future development, improvement, and request situations for this market. Chapter 7. Impact of COVID-19 Pandemic on Global Butanediol Market: 7.1 North America: Insight On COVID-19 Impact Study 2021-2026 7.2 Europe: Serves Complete Insight On COVID-19 Impact Study 2021-2026 7.3 Asia-Pacific: Potential Impact of COVID-19 (2021-2026) 7.4 Rest of the World: Impact Assessment of COVID-19 Pandemic Chapter 8. Manufacturing Profiles: The significant players in the Butanediol market are definite in the report based on their market size, market served, products, applications, regional development, and other variables. Chapter 9. Estimating Analysis: This chapter gives price point analysis by region and different forecasts. Chapter 10. North America Butanediol Market Analysis: This chapter includes an appraisal on Butanediol product sales across major countries of the United States and Canada along with a detailed segmental viewpoint across these countries for the forecasted period 2021-2026. Chapter 11. Latin America Butanediol Market Analysis: Significant countries of Brazil, Chile, Peru, Argentina, and Mexico are assessed apropos to the appropriation of Butanediol. Chapter 12. Europe Butanediol Market Analysis: Market Analysis of Butanediol report remembers insights on supply-demand and sales revenue of Butanediol across Germany, France, United Kingdom, Spain, BENELUX, Nordic, and Italy. Chapter 13. Asia Pacific Excluding Japan (APEJ) Butanediol Market Analysis: Countries of Greater China, ASEAN, India, and Australia & New Zealand are assessed, and sales evaluation of Butanediol in these countries is covered. Chapter 14. Middle East and Africa (MEA) Butanediol Market Analysis: This chapter centers around Butanediol market scenario across GCC countries, Israel, South Africa, and Turkey. Chapter 15. Research Methodology The research procedure chapter includes the accompanying primary realities, 15.1 Coverage 15.2 Secondary Research 15.3 Primary Research Chapter 16. Conclusion >> [With unrivaled insights into the Butanediol market, our industry research will help you take your Butanediol business to new heights.] << >>>> For more customization, connect with us at @ https://www.reporthive.com/2803465/enquiry_before_purchase Why Report Hive Research: Report Hive Research delivers strategic market research reports, statistical surveys, industry analysis and forecast data on products and services, markets and companies. Our clientele ranges mix of global business leaders, government organizations, SME’s, individuals and Start-ups, top management consulting firms, universities, etc. Our library of 700,000 + reports targets high growth emerging markets in the USA, Europe Middle East, Africa, Asia Pacific covering industries like IT, Telecom, Semiconductor, Chemical, Healthcare, Pharmaceutical, Energy and Power, Manufacturing, Automotive and Transportation, Food and Beverages, etc. Contact Us: Report Hive Research 500, North Michigan Avenue, Suite 6014, Chicago, IL – 60611, United States Website: https://www.reporthive.com Email: sales@reporthive.com Phone: +1 312-604-7084"

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Asia and Middle East FCC Catalyst Market | Industry Report, 2030

Asia and Middle East FCC Catalyst Market: Introduction

The FCC catalyst market in Asia and Middle East was valued at US$ 1 Bn in 2018 and is anticipated to expand at a CAGR of ~4% during the forecast period. In terms of product type, the maximum middle distillates segment accounted for a major share of the FCC catalyst market in Asia and the Middle East in 2018. Growth of the segment can be ascribed to the increase in chemical refineries in Asia and the Middle East. In terms of application, the vacuum gas oil segment dominated the FCC catalyst market in Asia and the Middle East in 2018. The implementation of environmental norms for sulfur emission is anticipated to propel the vacuum gas oil segment during the forecast period. In terms of region, Asia dominated FCC catalyst market in 2018. Implementation of stringent government regulations to minimize sulfur emission is anticipated to propel the FCC catalyst market in the region.

Major Drivers of Asia and Middle East FCC Catalyst Market

The consumption of petroleum products has been rising significantly in Asia and the Middle East since the last few years due to rapid urbanization, increase in investments in industrial infrastructure, and economic growth. The increase in demand for refined products and enactment of strict government regulations to limit sulfur emissions from petroleum products are compelling companies to upgrade the existing refining facilities. This, in turn, is anticipated to propel the FCC catalyst market during the forecast period.

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The rise in demand for synthetic zeolites in countries such as China and India in various applications such as insulated windows, automobile air-conditioning, refrigerators, air brakes on trucks, and laundry detergents is also estimated to propel the FCC catalyst market in Asia during the forecast period.

Prominent Developments in Asia and Middle East FCC Catalyst Market

In June 2019, W. R. Grace & Co. acquired the business and assets of Rive Technology, Inc., including its Molecular Highway zeolite technology. The Molecular Highway zeolite technology is used for catalytic processes, such as fluid catalytic cracking (FCC) units, in oil refineries.

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In January 2018, Clariant International Ltd. announced that it had entered into an agreement with SINOPE

C. The acquisition strategy will allow the company to strengthen its presence.

Asia Dominated FCC Catalyst Market

Asia dominated the FCC catalyst market in 2018. The availability of inexpensive raw materials and low labor cost have led to a shift in the manufacturing base from Western countries to Asia. This, in turn, is expected to boost the FCC market in Asia during the forecast period. China constituted a major share of the FCC catalyst market in Asia in 2018.

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Rise in demand for petroleum product in China, owing to rapid industrialization, strong economic growth, and increase in efforts to reduce the import dependence of petroleum products are likely to propel the FCC catalyst market in the country in the near future.

The FCC catalyst market in the Middle East is anticipated to expand during the forecast period. Increase in investments to expand and upgrade refining facilities, primarily in Saudi Arabia and the UAE, in order to meet the rising demand for petroleum is anticipated to drive the FCC catalyst market in the Middle East. Saudi Arabia held a major share of the FCC catalyst market in the region in 2018. It was followed by Iran and the UAE.

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Competition Landscape of Asia and Middle East FCC Catalyst Market

The FCC catalyst market in Asia and the Middle East is dominated by several local and regional players.  Prominent players operating in the FCC catalyst market in Asia and the Middle East include W. R. Grace & Co.-Conn, Albemarle Corporation, BASF SE, Haldor Topsoe A/S, JGC Catalysts & Chemicals Co., Ltd., China Petroleum & Chemical Corporation, Clariant International Ltd., ReZel Catalysts, Anten Chemical Co., Ltd., SINOCATA, and Yueyang Sciensun Chemical Co., Ltd.

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Defoamers Market Research, Share, Trend, Price, Future Analysis, Regional Outlook to 2026

The demand within the global defoamers market is rising on account of advancements in industrial processes. The use of defoamers in the chemical industry has generated a wide array of opportunities for market growth. Furthermore, industrial liquids need to be handled with immense care in order to ensure optimal usage. A number of hydrophobic materials that excite the formation of foam are used across the chemical industry. In order to reduce the amount of foam produced, chemical experts recommend the use of defoamers for a multitude of applications. Defoamers are also available as anti-foaming agents across the market. This is an important point from the perspective of evaluating the market dynamics of the product.

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Transparency Market Research (TMR) finds that the global defoamers market is expected to grow at a steady CAGR of 4.5% over the period between 2018 and 2026. The total value of the defoamers market held a total value of US$ 7500 Mn in 2017. This value is slated to touch new heights in the years to follow. The growth of the defoamers market can be attributed to the advancements in end-use industries such as agrochemicals, food and beverages, and oil and gas.

Pharmaceutical Industry as Key End-User

Although foaming plays an important role in the cleaning action of soap bars and detergents, excessive foaming can result in wastage of soap. Therefore, small quantity of defoamer is used in soaps bars, washing liquids, and shampoos. Excessive foaming can interrupt with smooth execution of several industrial processes. The pharmaceutical industry has especially emerged a sound consumer within the global defoamers market.

Therefore, the total volume of revenues in the global defoamers market is set to grow at an unprecedented pace in the years to follow. Other than this, manufacturing of medical drugs and ointments also involves the use of defoamers. The continual growth of the pharmaceutical industry is expected to drive sales within the global defoamers market.

Some of the leading vendors in the global defoamers market are Clariant International AG, Global Holdings Inc., and Elkem Silicones.

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Advancements in Food Processing and Manufacturing

The use of defoamers in the food industry has played a central role in generating increased revenues within the market. Kitchens of large restaurants and hotels that prepare food for thousands of people use defoamers to prevent effusion while preparing food. Furthermore, defoamers are domestically used to prevent food effervescence that can affect the taste of the preparation. Silicon oil is the most commonly used defoamer in the food industry.

Considering the factors mentioned above, it is safe to predict that the global defoamers market would tread along a lucrative growth path in the years to follow. Furthermore, the use of defoamers as a cleaning agent in households has also given an impetus to market growth.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

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Mr. Rohit Bhisey Transparency Market Research, 90 State Street, Suite 700, Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/