#3-butanediol market forecast

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Global 2,3-Butanediol Market to Rise at CAGR of 3.5% During Forecast Period

The global 2, 3-butanediol market is anticipated to rise at a CAGR of 3.5% during the forecast period, from 2020 to 2030. The global market is predicted to be driven by increase in demand for rubbers such as chloroprene rubber, nitrile rubber, styrene–butadiene latex, and styrene–butadiene rubber in the tire industry, as 2,3-butanediol is converted into 1,3-butadiene, which is widely used in the manufacturing of different types of rubbers.

The precursor of methyl ethyl ketone is 2, 3-butanediol (also known as MEK or 2-butanone). The demand for 2, 3-Butanediol is expected to expand considerably in this field during the forecast period. Natural-source items are becoming increasingly popular across the world. Synthetic and petrochemical goods are being phased out in favor of items made by fermentation and biorefinery. 2, 3-Butanediol (2, 3-BD) is a high potential bulk chemical with a broad variety of possible uses.

For usage in the manufacturing of emollients and solvents, there is an increasing need for sustainable and bio-based 2, 3-butanediol featuring odorless and colourless properties. Personal care and cosmetic products incorporate these solvents and emollients, which is expected to drive sales opportunities in the global 2, 3-butanediol market.

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Market Segmentation

By Service Type

Production Services

Distribution Services

Consultation Services

By Sourcing Type

Bio-based 2,3-Butanediol

Synthetic 2,3-Butanediol

By Application

Chemical Intermediate

Solvent

Fuel Additive

Others

By Industry Vertical

Pharmaceuticals

Cosmetics

Food and Beverages

Automotive

Other Industrial Applications

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: Leading the market with significant demand from the pharmaceutical and automotive sectors.

Europe: Witnessing steady growth due to stringent environmental regulations favoring bio-based products.

Asia-Pacific: Expected to exhibit the highest growth rate due to rapid industrialization and increasing investment in chemical production.

Latin America and Middle East & Africa: Emerging markets with potential growth opportunities driven by industrial expansion.

Market Drivers and Challenges

Drivers:

Rising Demand in Pharmaceuticals: 2,3-Butanediol’s role as an intermediate in drug synthesis is crucial for pharmaceutical growth.

Sustainability Trends: Increased preference for bio-based 2,3-Butanediol due to environmental concerns.

Technological Advancements: Innovations in production processes enhancing yield and reducing costs.

Challenges:

High Production Costs: The complex production process for high-purity 2,3-Butanediol can be cost-prohibitive.

Regulatory Hurdles: Stringent regulations in chemical manufacturing and environmental compliance.

Market Competition: Intense competition from alternative chemical compounds and synthetic substitutes.

Market Trends

Bio-based Production: Growing emphasis on sustainable and eco-friendly production methods.

Technological Innovations: Advances in biotechnology improving production efficiency and cost-effectiveness.

Application Expansion: Increasing applications in emerging industries such as biofuels and bioplastics.

Future Outlook

The future of the 2,3-Butanediol market appears promising with potential for expansion into new applications and regions. The continued shift towards sustainable and bio-based products is likely to drive market growth. Investments in research and development, coupled with strategic partnerships, will be crucial for companies to maintain a competitive edge.

Key Market Study Points

Analysis of growth drivers and challenges

Market segmentation insights

Regional market dynamics

Competitive landscape and key player strategies

Impact of technological advancements on production

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Competitive Landscape

The 2, 3-Butanediol market is characterized by the presence of several key players who are focusing on expanding their market share through various strategies such as mergers, acquisitions, and product innovations. Major companies in the market include:

BASF SE

Dow Chemical Company

LyondellBasell Industries

Eastman Chemical Company

Solvay S.A.

Recent Developments

BASF SE: Announced a partnership with a leading biotech firm to enhance bio-based 2,3-Butanediol production capabilities.

Dow Chemical Company: Launched a new line of eco-friendly solvents incorporating 2,3-Butanediol.

LyondellBasell Industries: Expanded their production facility in Asia-Pacific to cater to the rising regional demand.

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1, 4 Butanediol Market Competitive Landscape2033 2024

Overview and Scope 1,4-Butanediol is a colourless and water-soluble, thick fluid with a high point of boiling (230°C) at room temperature used as a source of gamma-hydroxybutyrate (GHB), a recreational drug with euphoric and sedative effects. It is also utilized in the synthesis of various organic compounds, especially the solvent oxolane (also known as tetrahydrofuran, or THF). It functions as a protic solvent, prodrug, and neurotoxin

Sizing and Forecast The 1, 4 butanediol market size has grown strongly in recent years. It will grow from $8.84 billion in 2023 to $9.61 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to demand from polybutylene terephthalate (pbt) production, growing textile industry usage, expansion in the automotive sector, increasing demand for tetrahydrofuran (thf), use in pharmaceutical and cosmetic products..

The 1, 4 butanediol market size is expected to see strong growth in the next few years. It will grow to $13.06 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to growth in bio-based 1,4 butanediol production, expanding end-use applications, rising demand for polyurethane, increased adoption in resin and coating formulations, focus on sustainable chemical production.. Major trends in the forecast period include market expansion in asia-pacific, technological advancements in production, fluctuations in raw material prices, innovation in product applications..

 

Segmentation & Regional Insights The 1, 4 butanediol market covered in this report is segmented –

1) By Type: Synthetic, Bio Based 2) By Application: Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma Butyrolactone (GBL), Polyurethane (PU), Others 3) By End-Use: Chemical, Sports, Automotive, Electronic, Footwear, Others

Asia-Pacific was the largest region in the 1,4 butanediol market in 2023. The regions covered in the 1, 4 butanediol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Driver Impacting Market Growth The increasing automotive sector is expected to propel the growth of the 1,4-butanediol market in the coming future. The automotive sector encompasses businesses involved in the creation, distribution, sale, and upkeep of automobiles. In automotive sector, the manufacture of vehicle’s bumpers, fenders, spoilers, and automobile front and rear end fascia require urethane elastomers made from 1,4-butanediol. Thus, the increasing demand from the automotive sector boosts the expansion of the 1,4-butanediol market. For instance, in March 2022, according to the European Automobile Manufacturers Association, a Belgium-based association that integrates Europe's 14 largest auto, truck, van, and bus manufacturers, over 6.3 million passenger automobiles were produced at US auto facilities in 2021, an increase of 3.1% from the preceding year. Therefore, the increasing automotive sector is driving the 1,4-butanediol market.

Key Industry Players Major companies operating in the 1, 4 butanediol market report are BioAmber Inc., BASF SE, Ashland Global Holdings Inc., Mitsubishi Chemical Corporation, SK Global Chemical Co Ltd., Dairen Chemical Corporation, LyondellBasell Industries NV, Dow Inc., Genomatica Inc., Xinjiang Tianye Co Ltd., ExxonMobil Corporation, Koch Industries, PTT Global Chemical Public Company Limited, Saudi International Petrochemical Company, Chemtura Corporation, Chongqing Jianfeng Chemical Co Ltd., Royal Dutch Shell PLC, Mitsui & Co Ltd., DCC plc., Nan Ya Plastics Corporation, Sinopec Yizheng Chemical Fibre Company Limited, Shanxi Sanwei Group Co. Ltd., Invista S.à r.l., Nanjing Bluestar Co. Ltd., Oxea GmbH, TCC Group, Formosa Plastics Corporation, International Specialty Products, Huntsman Corporation, Myriant Corporation, Davy Process Technology .

The 1, 4 butanediol market report table of contents includes:

1. Executive Summary

 2. 1, 4 Butanediol Market Characteristics

3. 1, 4 Butanediol Market Trends And Strategies

4. 1, 4 Butanediol Market - Macro Economic Scenario

5. Global 1, 4 Butanediol Market Size and Growth

. . .

31. Global 1, 4 Butanediol Market Competitive Benchmarking

32. Global 1, 4 Butanediol Market Competitive Dashboard

33. Key Mergers And Acquisitions In The 1, 4 Butanediol Market

34. 1, 4 Butanediol Market Future Outlook and Potential Analysis

35. Appendix

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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 1,3 - Butanediol Market: Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2025

Market Overview The Global 1,3 - Butanediol Market is foreseen to experience a fall from USD XX billion in 2020 to USD XX billion in 2021 at a CAGR of XX%. The descent is primarily the result of economic decline across countries unsettled due to ongoing Coronavirus outbreak, including controlling it. Thereafter, the 1,3 - Butanediol market is likely to restore and expand at a CAGR of XX% from 2021, stretching up to USD XXX billion in 2024. BUY ANY 3 AND PAY FOR ONLY 2 Hurry Up To Grab This Exciting Offer…………! This Discount offer is valid till 31st March 2021 Get Free Sample Report @ https://ordientmarketresearch.com/sample-request/chemicals-and-materials/world-1-3---butanediol-market/OMR2168 The research document comprises market traits, opportunities, industry size, fragmentation, territorial breakdowns, market shares, ongoing trends, competitive landscape, and strategies for the 1,3 - Butanediol market. The report also tracks essential information about the market and predict market expansion by the geographic landscape. It also positions the market under the extensive 1,3 - Butanediol market framework and collates it with other alternative markets. This report also offers the planners, policymakers, senior leadership, and traders crucial details to estimate the global 1,3 - Butanediol market as it arises from the COVID-19 closure. Market Scope The 1,3 - Butanediol Industry sets out tendencies that affect various subsidiary industries. Therefore, the Global market has ruled for being one of the leading revenue generators over the past several decades. This industry has challenged every economic disruption and withstands the test of time. Though this could benefit to motivate new market players in the Global industry, the preference for product development and novel procedures could assist new participants in obtaining a stronghold. Browse Full Premium Report @ https://ordientmarketresearch.com/chemicals-and-materials/world-1-3---butanediol-market/OMR2168 1,3 - Butanediol Market Research Report is Segmented as Follows: Product Types can be segregated as: Food Grade Industrial grade Applications can be segregated as: Polymer products Industrial additives Cosmetic products Medicine Food additives Other Regions covered in this report are: North America United States Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia-Pacific Latin America Mexico Brazil Middle East & Africa Turkey Saudi Arabia UAE Rest of Middle East & Africa Checkout Inquiry For Buying or Customization of 1,3 - Butanediol Market: https://ordientmarketresearch.com/enquiry/chemicals-and-materials/world-1-3---butanediol-market/OMR2168 Global 1,3 - Butanediol Market Report provide in-depth information about the Leading Competitors involved in this report: OXEA DAICEL Kokyu Alcohol KH Neochem Innovations in the technology field have contributed to the growth of the Global industry. The arrival of energy- and cost-efficient appliances have rejuvenated procedures in the 1,3 - Butanediol industry. Economic expansion in developing countries as well have arisen as an advantage for the Global industry. Although strict rules that supervise global production and processing affect the growth rate of the Global industry. Enquire about Discount for This Report @ https://ordientmarketresearch.com/check-discount/chemicals-and-materials/world-1-3---butanediol-market/OMR2168 Reasons to buy this report: Obtain a genuinely global viewpoint along with the most extensive report obtainable on the 1,3 - Butanediol market, including more than 50 ecologies. Develop regional and territorial schemes depending on local data and research. Recognize customers and clients based on the most recent market survey outcomes. Make use of the links between primary datasets for top-class strategy development. Recognize growth sectors for making investments. Perform best among competitors by using prediction data, including the trends and drivers af

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Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin

Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin

Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin (2020-2026) which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin Players to battle Covid-19 Impact.

Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin (2020-2026)The

Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin (2020-2026)

report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin.

Major Players covered in the Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin report : OXEA DAICEL KH Neochem Kokyu Alcohol​​​​​​​​​​​ and More...

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The report offers clear guidelines for players to cement a position of strength in the global Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin. It prepares them to face future challenges and take advantage of lucrative opportunities by providing a broad analysis of market conditions. the global Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin will showcase a steady CAGR in the forecast year 2020 to 2026.

Major Type: Chemical synthesis Fermentation

Application Segments: Cosmetic use Industrial use

Our Complimentary Sample Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

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Regions Covered in the Global Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin:

• The Middle East and Africa (GCC Countries and Egypt)

• North America (the United States, Mexico, and Canada)

• South America (Brazil etc.)

• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Years Considered to Estimate the Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin Size:

History Year: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Year: (2020-2026)

Highlights of the Report:

• Accurate market size and CAGR forecasts for the period 2019-2026

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• Exhaustive research on innovation and other trends of the global Post-pandemic Era-Global 1,3-Butanediol Market 2015-2026, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin

• Reliable industry value chain and supply chain analysis

• Comprehensive analysis of important growth drivers, restraints, challenges, and growth prospects

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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 Market 2018- 2023 Analysed by Business Growth, Development Factors, Applications, and Future Prospects

Global 1,3-Butanediol Market 2018- 2023 Analysed by Business Growth, Development Factors, Applications, and Future Prospects

The Global 1,3-Butanediol Market 2018is poised to grow strongly during the forecast period 2018 to 2023. Global 1,3-Butanediol Market Size, Status and Forecast 2023 provide a unique tool for evaluating the market, highlighting possibilities, and establishing strategic and tactical judgment-planning. This report analyzes the worldwide 1,3-Butanediol Market size (value, capacity, production and…

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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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Quartz Market | Global Industry Report, 2031

Quartz Market: Introduction

Transparency Market Research delivers key insights on the global quartz market. In terms of revenue, the global quartz market is estimated to expand at a CAGR of 6.6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global quartz market.

The global quartz market is broadly affected by several factors, including rise in usage of quartz in the building & construction industry. The increase in demand for quartz in construction, semiconductor, and solar industries is propelling the global quartz market.

Quartz Market: Dynamics

The rise in demand for container glass, specialty glass, and flat plate glass made from quartz is expected to the drive the quartz market in the near future. Residential and commercial construction is the major contributor to the market size of quartz. Residential construction has been increasing significantly, since the past few years, owing to the rise in disposable income of consumers, changing lifestyle, growth in demand for single-family homes, and ease of financing.

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The growth of the building & construction industry is driving the demand for quartz in the manufacture of flat glass, container glass, glass wool, and specialty glass.

Based on type, the engineered quartz stones segment is estimated to expand at a significant pace during the forecast period. Growth of the segment can be ascribed to the increase in demand for engineered quartz stones in the building & construction sector in Asia Pacific.

Increase in population and rapid urbanization in Asia Pacific; and need for improved infrastructure and residential spaces are anticipated to play a crucial role in the expansion of the quartz market.

Quartz is also utilized as a grating for sandblasting, pounding glass, and cutting delicate stones. It is fundamentally used in the personal computer business, as silicon semiconductors are produced using quartz. Quartz is increasingly used in various end-use industries such as medical, semiconductor, solar, and optical fiber & telecommunication. This is expected to drive the global quartz market in the near future.

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Quartz Market: Prominent Regions

Based on region, the global quartz market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the global quartz market in 2020. The region is expected to maintain its dominance during the forecast period. The dominance of Asia Pacific can be ascribed to increase in infrastructure and construction activities, including China and India, in the region.

The quartz market in Middle East & Africa is anticipated to expand at a significant pace during the forecast period. Larger size of end-use industries in North America and Europe is expected to augment the quartz market in these regions during the forecast period. The rise in demand for quartz in various end-use industries is also likely to boost the quartz market in these regions over the next few years.

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Quartz Market: Key Players

The global quartz market is fragmented with the presence of large numbers of players. Key players operating in the global quartz market are The Quartz Corporation, Quality Quartz Engineering, Saint Gobain Group, Murata Manufacturing Co., Ltd., Kyocera Corporation, TXC Corporation, Abrisa Technologies, Swift Glass Co., Inc., Industrial Quartz Corporation, and Caesarstone Ltd.

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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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