1,4-Butanediol Market: By Type (Synthetic, Bio-based), By Technology (Reppe Process, Davy Process, Propylene Oxide Process, Butadiene Process, Others), By Application (THF, GBL, PBT, Polyurethane), By End-user (Automotive, Healthcare & Pharmaceuticals, Textile, Electrical & Electronics, Others), and Geography

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1,4-Butanediol Market was valued at USD 7,312.8 million in 2022 and is poised to grow at a CAGR of 7.5% over 2023-2029. 1,4-Butanediol (BDO) is a versatile liquid diol intermediate with reactive primary hydroxyl functionality and a linear structure that makes it ideal for formulating polyurethane elastomers with an excellent balance of properties and cost and is used in the creation of numerous industrial and consumer goods. The increased demand for the production of polymers and plastics, such as polybutylene terephthalate (PBT) and polyurethane drives the market. According to research conducted, 359 million metric tons of plastic were produced in 2018.

Furthermore, the increased expansion and production of engineering plastics in the automotive and aerospace industries owing to it being lightweight and having high-performance properties is anticipated to propel the market demand. Additionally, the creation and commercialization of bio-based BDO production techniques has presented an opportunity to capitalize on the expanding market for environmentally friendly and sustainable goods. Industries and consumers aiming to lessen their carbon footprint and reliance on fossil fuels find bio-based BDO appealing. Currently, the increased insistence on vehicles being lightweight to increase fuel efficiency and lower pollution in the automobile sector has made composites and polymers made from BDO-derived materials popular in the market. But the reliance on BDO production on feedstocks like butane or natural gas derivatives that are limited along with the constant fluctuations in the availability and price of these raw materials may hinder the market. However, the increased demand from the automotive and textile industry, advanced infrastructure, increased disposable income and emergence of new players in the market are anticipated to burgeon the market during the forecast period.

1,4-Butanediol Market Key Developments:
  • In August 2022, Inner Mongolia Dongjing Bio-Environmental Technology Co., Ltd. launched the 280,000-ton 1,4-butanediol (BDO) project with a total investment of the project being more than 3 billion yuan.
  • In June 2019, Daicel Corporation, a chemical manufacturing company headquartered in Japan, established a new production facility of 1,3-butanediol at its Aboshi Plant. The construction doubled its capacity.

1,4-Butanediol Market Summary

Study Period


Base Year




Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific
1,4-Butanediol Market Dynamics

The market is expected to rise as the davy process is widely used in the industry due to its efficiency and ability to produce high-quality BDOThe Davy Process is a catalytic hydrogenation process that converts maleic anhydride or succinic acid into BDO. The Davy Process is well-known in the industry for its effectiveness in converting feedstocks into BDO and its ability to create BDO with high yields and purity, making it a preferred technique for BDO production on a large scale. Additionally, because of its affordability, reduced complexity, equipment requirements, and production efficiency, the Davy Process frequently gives enterprises a competitive edge in the BDO market.  Furthermore, this technique is a preferred option for many manufacturers since it often uses petrochemical-based feedstocks like maleic anhydride or succinic acid, both of which have a long history of use in the synthesis of BDO.

Key Features of the Reports

  • The 1,4-butanediol market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

1,4-Butanediol Market Segmentation

By Type
  • Synthetic
  • Bio-based
By Technology
  • Butadiene Process
  • Davy Process
  • Propylene Oxide Process
  • Reppe Process
  • Other
By Application
  • Tetrahydrofuran (THF)
  • Polybutylene Terephthalate (PBT)
  • Gamma-Butyrolactone (GBL)
  • Polyurethane (PU)
  • Others
By End User
  • Automotive
  • Healthcare & Pharmaceuticals
  • Textile
  • Electrical& Electronics
  • Others

Frequently Asked Questions

The 1,4-butanediol market valued at USD 7,312.8 million in 2022 and is expected to grow at 7.5% CAGR over the forecast period 2023 – 2029.

The increased demand for the production of polymers and plastics, such as polybutylene terephthalate (PBT) and polyurethane drives the market.

BASF, Dairen Chemical, Lyondellbasell, Ashland, Nanya Plastics Corporation, Mitsubishi Chemical Corporation, INVISTA, MarkorChem, Xinjiang Tianye, Changcheng Energy, Shanxi Sanwei Group, Shanxi BidiOu, Sichuan Tianhua, Henan Kaixiang Fine Chemical, HNEC, TunHe are a few companies operating in 1,4-Butanediol market.

  • BASF
  • Dairen Chemical
  • Lyondellbasell
  • Ashland
  • Nanya Plastics Corporation
  • Mitsubishi Chemical Corporation
  • MarkorChem
  • Xinjiang Tianye
  • Changcheng Energy
  • Shanxi Sanwei Group
  • Shanxi BidiOu
  • Sichuan Tianhua
  • Henan Kaixiang Fine Chemical
  • HNEC
  • TunHe