1,3-Butanediol (also known as butane-1,3-diol, or 1,3-dihydroxybutane) is a diol used as a chemical intermediate in the manufacture of polyester plasticizers and other products. It finds some use as a solvent for flavorings and as a humectant in pet foods, tobacco and cosmetics. It is one of four stable structural isomers of butanediol. In biology, 1,3-Butanediol is used as a hypoglycaemic agent. 1,3-Butanediol can be converted into β-hydroxybutyrate and serve as a substrate for brain metabolism.
There are few companies in the 1,3-Butanediol industry currently. The industry has a high concentration and OXEA, DAICEL and KH Neochem accounted for 93.82% in 2017.
The global production market is concentrated in Japan and USA, Europe. The Japan region accounts about 49.27% share of the global production, followed by USA (about 27.42%) and Europe (23.31%) in 2017.
The consumption of China, USA, Europe and Japan were 8.51%, 22.53%, 18.02% and 25.22%, Japan is the main export region in the world.
There will be some 1,3-Butanediol manufacturers in China in the future, if the demand technology and policy meet the favorable change, even a project had been turned out by a company named Jilin DOT, but it has no 1,3-Butanediol product at present according to our survey.
Although sales of 1,3-Butanediol brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the 1,3-Butanediol field hastily.
The report offers detailed coverage of 1,3-Butanediol (CAS 107-88-0) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading 1,3-Butanediol (CAS 107-88-0) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global 1,3-Butanediol (CAS 107-88-0) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global 1,3-Butanediol (CAS 107-88-0) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
OXEA
DAICEL
KH Neochem
At the same time, we classify 1,3-Butanediol (CAS 107-88-0) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Chemical Synthesis
Fermentation
Market by Application
Cosmetic
Industrial
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the 1,3-Butanediol (CAS 107-88-0) market for the forecast period 2021 - 2025?
• What are the driving forces in the 1,3-Butanediol (CAS 107-88-0) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the 1,3-Butanediol (CAS 107-88-0) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?