Bio-Butanediol Market Envisions 7.5% CAGR Surge Up to 2030

The latest report by MarkNtel Advisors, titled “Bio-Butanediol Market Report By Source (Sugar Based, Biomass Based), By Application (Polytetramethylene Ether Glycol, Tetrahydrofuran [THF], Polybutylene Terephthalate [PBT], Gamma-Butyrolactone [GBL], Polyurethane [PU], Others), By End User (Automotive, Electrical and Electronics, Packaging, Textile, Consumer Goods) others and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the Bio-Butanediol Market research report.

What is the market outlook for Bio-Butanediol?

The Bio-Butanediol Market size is estimated to grow at a CAGR of around 7.5% during the forecast period 2024-30.

For an in-depth analysis, you can request a sample copy of the report: https://www.marknteladvisors.com/query/request-sample/bio-butanediol-market.html           

Major Companies Operating in the Bio-Butanediol Industry:

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

Bio-Butanediol Market Report Segmentation:

By Source

-Sugar Based

-Biomass Based

By Application

-Polytetramethylene Ether Glycol

-Tetrahydrofuran (THF)

-Polybutylene Terephthalate (PBT)

-Gamma-Butyrolactone (GBL)

-Polyurethane (PU)

-Others

By End User

-Automotive

-Electrical and Electronics

-Packaging

-Textile

-Consumer Goods

-Others

Learn More About the Market Report – https://www.marknteladvisors.com/research-library/bio-butanediol-market.html          

Regional Insights:

  • North America: US, Canada, Mexico
  • Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
  • Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
  • South America: Brazil, Argentina, Rest of South America
  • Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA

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.

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Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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