MarkNtel Advisors recently published a report, titled, ” Global Bio-Butanediol Market Bio-Butanediol Market – By Source (Sugar Based, Biomass Based), By Application (Polytetramethylene Ether Glycol, Tetrahydrofuran [THF], Polybutylene Terephthalate [PBT], Gamma-Butyrolactone [GBL], Polyurethane [PU], Others),. As per as the report The Global Bio-Butanediol Market size is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30.
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Global Bio-Butanediol Market Driver:
The Surge in Sustainable Electronic Manufacturing Activities to Drive Market Growth – The growing population and urbanization have significantly increased the demand for various electronic appliances across the globe. This surge in electronics needs is leading to a rise in its manufacturing activities, thereby driving an unprecedented demand for various polymers. As consumer electronics become increasingly integrated into daily life, the need for lightweight, durable, and versatile polymers is skyrocketing. Materials like polycarbonate, polyethylene terephthalate (PET), and polypropylene are essential in producing casings, circuit boards, and insulation, which is increasing their demand in electronics manufacturing.
With the surging demand for these materials, the use of bio-butanediol to manufacture these materials is also surging owing to the shifting focus towards sustainable manufacturing of consumer electronic products. Hence, the surging incorporation of bio-butanediol in polymer manufacturing is augmenting the growth of the Bio-Butanediol Market globally.
Leading Companies in Global Bio-Butanediol Market:
BASF SE, Novamont SpA, LCY Chemical, Shandong LanDian Biological Technology Co. Ltd, DSM, Global Bio-Chem, Genomatica, Cargill Incorporated, Mitsubishi Chemical, Bio-Amber, Qira, DuPont, Braskem, DOW, LG Chemical, Others.
Global Bio-Butanediol Market Segmentation:
By Source
-Sugar Based- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Biomass Based- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
By Application
-Polytetramethylene Ether Glycol- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Tetrahydrofuran (THF) – Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Polybutylene Terephthalate (PBT) – Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Gamma-Butyrolactone (GBL) – Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Polyurethane (PU) – Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Others
By End User
-Automotive- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Electrical and Electronics- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Packaging- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Textile – Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Consumer Goods- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
-Others- Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
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By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific.
Key questions answered in the Global Bio-Butanediol Market are:
•What is Global Bio-Butanediol Market?
•What was the market size in 2023?
•What is the growth rate of the Global Bio-Butanediol Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Bio-Butanediol Market?
•What segments are covered in the Market?
•Who are the key players in the Global Bio-Butanediol Market?
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