#3-butanediol market forecast

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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 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

• Identification and in-depth assessment of growth opportunities in key segments and regions

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

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