The North America 1,4-Butanediol Market would witness market growth of 7.3% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 318.7 KILO TONNES, showcasing a growth of 25.5% (2020-2023).
In the 1,4-Butanediol (BDO) market, "synthetic" refers to BDO produced through chemical synthesis rather than biological processes. Synthetic BDO is primarily derived from petrochemical feedstocks through processes such as Reppe chemistry, which involves the reaction of acetylene with formaldehyde, or from other petrochemical-based methods. This type of BDO is widely used due to its consistent quality, high purity, and cost-effectiveness. It is a critical raw material for manufacturing various industrial products, including plastics, polyurethanes, and elastic fibers. Thus, the synthetic in US market registered a volume of 341.8 Kilo Tonnes in 2023.
The US market dominated the North America Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,149.1 million by 2031. The Canada market is experiencing a CAGR of 9.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.6% during (2024 - 2031).
This BDO is a cornerstone chemical compound in the modern industrial landscape, with a multifaceted presence across various sectors. Its importance lies in its wide range of uses and its essential function as a chemical intermediary in synthesizing many downstream products. The adoption of this has steadily risen over the years, propelled by its versatility and indispensability across multiple industries. Initially embraced for its utility as a precursor in polymer manufacturing, BDO has now found its way into myriad applications, from textiles to pharmaceuticals.
Furthermore, BDO's unique chemical structure and properties make it an ideal candidate for various chemical reactions, enabling its use as a building block for an extensive range of products. The functional advantages BDO offers, such as its solubility, reactivity, and compatibility with other compounds, have made it indispensable in formulating diverse end-products. The burgeoning demand for BDO-driven products, coupled with the continuous expansion of end-use sectors, has fueled the adoption of this chemical compound on large scale.
Spandex fibers, which are derived from BDO, are essential components in stretchable and elastic textiles. As the textile sector in Mexico grows, there will be a greater demand for spandex fibers to meet the requirements of various industries, such as apparel, sportswear, undergarments, and medical textiles. This increased production of spandex fibers will directly translate into higher demand for BDO as a raw material. As per the Government of Mexico, in the fourth quarter of 2023, the textile mills sector generated a gross domestic product of $5.18T MX, which represents a decline of 2.09% in comparison to the preceding quarter and a reduction of 0.99% in comparison to the corresponding period of the prior year. Moreover, as the agriculture sector in Canada grows, there's an increasing need for sustainable packaging solutions. Biodegradable plastics derived from BDO are gaining traction in agriculture for mulch films, greenhouse covers, and agricultural packaging materials. These materials offer environmental benefits and align with the sustainability goals of the agriculture industry. As per the data from the Government of Canada, in 2022, the whole agriculture and agri-food system generated $143.8 billion (around 7.0%) of Canada's gross domestic product (GDP). Therefore, rising textile and agriculture sectors can boost the demand for 1,4-butanediol in the region.
Free Valuable Insights: The 1,4-Butanediol Market is Predict to reach USD 12.7 Billion by 2031, at a CAGR of 7.5%
Based on Type, the market is segmented into Synthetic and Bio-based. Based on Technology, the market is segmented into Reppe Process, Davy Process, Butadine Process, Propylene Oxide Process, and Others. Based on Application, the market is segmented into Tetrahydrofuran, Polybutylene Terephthalate, Gamma Butyrolactone, Polyurethane, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Lonza Group Ltd.
- BASF SE
- Mitsubishi Chemical Holdings Corporation
- Nan Ya Plastics Corp. (NPC)
- Sipchem Company
- Ashland Inc.
- INEOS Group Holdings S.A.
- Evonik Industries AG (RAG-Stiftung)
- LyondellBasell Industries Holdings B.V.
- Sinopec Group (China Petrochemical Corporation)
North America 1,4-Butanediol Market Report Segmentation
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Technology
- Reppe Process
- Davy Process
- Butadine Process
- Propylene Oxide Process
- Others
By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Tetrahydrofuran
- Polybutylene Terephthalate
- Gamma Butyrolactone
- Polyurethane
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America 1,4-Butanediol Market, 2020 - 2023, USD Million
TABLE 2 North America 1,4-Butanediol Market, 2024 - 2031, USD Million
TABLE 3 North America 1,4-Butanediol Market, 2020 - 2023, Kilo Tonnes
TABLE 4 North America 1,4-Butanediol Market, 2024 - 2031, Kilo Tonnes
TABLE 6 North America 1,4-Butanediol Market by Type, 2020 - 2023, USD Million
TABLE 7 North America 1,4-Butanediol Market by Type, 2024 - 2031, USD Million
TABLE 8 North America 1,4-Butanediol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 9 North America 1,4-Butanediol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 10 North America Synthetic Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Synthetic Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Synthetic Market by Region, 2020 - 2023, Kilo Tonnes
TABLE 13 North America Synthetic Market by Region, 2024 - 2031, Kilo Tonnes
TABLE 14 North America Bio-based Market by Region, 2020 - 2023, Kilo Tonnes
TABLE 15 North America Bio-based Market by Region, 2024 - 2031, Kilo Tonnes
TABLE 16 North America Bio-based Market by Region, 2020 - 2023, USD Million
TABLE 17 North America Bio-based Market by Region, 2024 - 2031, USD Million
TABLE 18 North America 1,4-Butanediol Market by Technology, 2020 - 2023, USD Million
TABLE 19 North America 1,4-Butanediol Market by Technology, 2024 - 2031, USD Million
TABLE 20 North America Reppe Process Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Reppe Process Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Davy Process Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Davy Process Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Butadine Process Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Butadine Process Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Propylene Oxide Process Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Propylene Oxide Process Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 30 North America 1,4-Butanediol Market by Application, 2020 - 2023, USD Million
TABLE 31 North America 1,4-Butanediol Market by Application, 2024 - 2031, USD Million
TABLE 32 North America 1,4-Butanediol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 33 North America 1,4-Butanediol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 34 North America Tetrahydrofuran Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Tetrahydrofuran Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Tetrahydrofuran Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 37 North America Tetrahydrofuran Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 38 North America Polybutylene Terephthalate Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Polybutylene Terephthalate Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Polybutylene Terephthalate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 41 North America Polybutylene Terephthalate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 42 North America Gamma Butyrolactone Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Gamma Butyrolactone Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Gamma Butyrolactone Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 45 North America Gamma Butyrolactone Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 46 North America Polyurethane Market by Country, 2020 - 2023, USD Million
TABLE 47 North America Polyurethane Market by Country, 2024 - 2031, USD Million
TABLE 48 North America Polyurethane Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 49 North America Polyurethane Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 50 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 51 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 52 North America Others Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 53 North America Others Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 54 North America 1,4-Butanediol Market by Country, 2020 - 2023, USD Million
TABLE 55 North America 1,4-Butanediol Market by Country, 2024 - 2031, USD Million
TABLE 56 North America 1,4-Butanediol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 57 North America 1,4-Butanediol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 58 US 1,4-Butanediol Market, 2020 - 2023, USD Million
TABLE 59 US 1,4-Butanediol Market, 2024 - 2031, USD Million
TABLE 60 US 1,4-Butanediol Market, 2020 - 2023, Kilo Tonnes
TABLE 61 US 1,4-Butanediol Market, 2024 - 2031, Kilo Tonnes
TABLE 62 US 1,4-Butanediol Market by Type, 2020 - 2023, USD Million
TABLE 63 US 1,4-Butanediol Market by Type, 2024 - 2031, USD Million
TABLE 64 US 1,4-Butanediol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 65 US 1,4-Butanediol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 66 US 1,4-Butanediol Market by Technology, 2020 - 2023, USD Million
TABLE 67 US 1,4-Butanediol Market by Technology, 2024 - 2031, USD Million
TABLE 68 US 1,4-Butanediol Market by Application, 2020 - 2023, USD Million
TABLE 69 US 1,4-Butanediol Market by Application, 2024 - 2031, USD Million
TABLE 70 US 1,4-Butanediol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 71 US 1,4-Butanediol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 72 Canada 1,4-Butanediol Market, 2020 - 2023, USD Million
TABLE 73 Canada 1,4-Butanediol Market, 2024 - 2031, USD Million
TABLE 74 Canada 1,4-Butanediol Market, 2020 - 2023, Kilo Tonnes
TABLE 75 Canada 1,4-Butanediol Market, 2024 - 2031, Kilo Tonnes
TABLE 76 Canada 1,4-Butanediol Market by Type, 2020 - 2023, USD Million
TABLE 77 Canada 1,4-Butanediol Market by Type, 2024 - 2031, USD Million
TABLE 78 Canada 1,4-Butanediol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 79 Canada 1,4-Butanediol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 80 Canada 1,4-Butanediol Market by Technology, 2020 - 2023, USD Million
TABLE 81 Canada 1,4-Butanediol Market by Technology, 2024 - 2031, USD Million
TABLE 82 Canada 1,4-Butanediol Market by Application, 2020 - 2023, USD Million
TABLE 83 Canada 1,4-Butanediol Market by Application, 2024 - 2031, USD Million
TABLE 84 Canada 1,4-Butanediol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 85 Canada 1,4-Butanediol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 86 Mexico 1,4-Butanediol Market, 2020 - 2023, USD Million
TABLE 87 Mexico 1,4-Butanediol Market, 2024 - 2031, USD Million
TABLE 88 Mexico 1,4-Butanediol Market, 2020 - 2023, Kilo Tonnes
TABLE 89 Mexico 1,4-Butanediol Market, 2024 - 2031, Kilo Tonnes
TABLE 90 Mexico 1,4-Butanediol Market by Type, 2020 - 2023, USD Million
TABLE 91 Mexico 1,4-Butanediol Market by Type, 2024 - 2031, USD Million
TABLE 92 Mexico 1,4-Butanediol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 93 Mexico 1,4-Butanediol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 94 Mexico 1,4-Butanediol Market by Technology, 2020 - 2023, USD Million
TABLE 95 Mexico 1,4-Butanediol Market by Technology, 2024 - 2031, USD Million
TABLE 96 Mexico 1,4-Butanediol Market by Application, 2020 - 2023, USD Million
TABLE 97 Mexico 1,4-Butanediol Market by Application, 2024 - 2031, USD Million
TABLE 98 Mexico 1,4-Butanediol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 99 Mexico 1,4-Butanediol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 100 Rest of North America 1,4-Butanediol Market, 2020 - 2023, USD Million
TABLE 101 Rest of North America 1,4-Butanediol Market, 2024 - 2031, USD Million
TABLE 102 Rest of North America 1,4-Butanediol Market, 2020 - 2023, Kilo Tonnes
TABLE 103 Rest of North America 1,4-Butanediol Market, 2024 - 2031, Kilo Tonnes
TABLE 104 Rest of North America 1,4-Butanediol Market by Type, 2020 - 2023, USD Million
TABLE 105 Rest of North America 1,4-Butanediol Market by Type, 2024 - 2031, USD Million
TABLE 106 Rest of North America 1,4-Butanediol Market by Type, 2020 - 2023, Kilo Tonnes
TABLE 107 Rest of North America 1,4-Butanediol Market by Type, 2024 - 2031, Kilo Tonnes
TABLE 108 Rest of North America 1,4-Butanediol Market by Technology, 2020 - 2023, USD Million
TABLE 109 Rest of North America 1,4-Butanediol Market by Technology, 2024 - 2031, USD Million
TABLE 110 Rest of North America 1,4-Butanediol Market by Application, 2020 - 2023, USD Million
TABLE 111 Rest of North America 1,4-Butanediol Market by Application, 2024 - 2031, USD Million
TABLE 112 Rest of North America 1,4-Butanediol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 113 Rest of North America 1,4-Butanediol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 114 Key Information –Lonza Group Ltd.
TABLE 115 Key Information – BASF SE
TABLE 116 Key Information – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 117 Key Information – Nan Ya Plastics Corp. (NPC)
TABLE 118 Key Information – Sipchem Company
TABLE 119 Key Information – Ashland Inc.
TABLE 120 Key Information – INEOS Group Holdings S.A.
TABLE 121 Key Information – Evonik Industries AG
TABLE 122 Key Information – LyondellBasell Industries Holdings B.V.
TABLE 123 Key Information – Sinopec Group
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 1,4-Butanediol Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting 1,4-Butanediol Market
FIG 4 Porter’s Five Forces Analysis – 1,4-Butanediol Market
FIG 5 North America 1,4-Butanediol Market share by Type, 2023
FIG 6 North America 1,4-Butanediol Market share by Type, 2031
FIG 7 North America 1,4-Butanediol Market by Type, 2020 - 2031, USD Million
FIG 8 North America 1,4-Butanediol Market share by Technology, 2023
FIG 9 North America 1,4-Butanediol Market share by Technology, 2031
FIG 10 North America 1,4-Butanediol Market by Technology, 2020 - 2031, USD Million
FIG 11 North America 1,4-Butanediol Market share by Application, 2023
FIG 12 North America 1,4-Butanediol Market share by Application, 2031
FIG 13 North America 1,4-Butanediol Market by Application, 2020 - 2031, USD Million
FIG 14 North America 1,4-Butanediol Market share by Country, 2023
FIG 15 North America 1,4-Butanediol Market share by Country, 2031
FIG 16 North America 1,4-Butanediol Market by Country, 2020 - 2031, USD Million
FIG 17 Swot Analysis: Lonza Group Ltd.
FIG 18 SWOT Analysis: BASF SE
FIG 19 SWOT Analysis: Mitsubishi Chemical Holdings Corporation
FIG 20 Swot Analysis: Nan Ya Plastics Corp. (NPC)
FIG 21 SWOT Analysis: Sipchem Company
FIG 22 Swot Analysis: Ashland Inc.
FIG 23 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 24 SWOT Analysis: Evonik Industries AG
FIG 25 SWOT Analysis: LyondellBasell Industries Holdings B.V.
FIG 26 Swot Analysis: SINOPEC