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According to ChemAnalyst report, “Global 1,4 Butanediol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Global 1,4 butanediol market has shown tremendous growth in the past five years and is anticipated to achieve a CAGR of 7.55% during the forecast period.

As 1,4 butanediol is a sedative, stringent government regulations regarding consumption of 1,4 butanediol are expected to hinder the demand for the forecast period.Get more info: https://www.chemanalyst.com/industry-report/1-4-butanediol-market-5421,4 butanediol (BDO) is a colorless viscous liquid and is one of the four stable isomers of butanediol.

It is used as a solvent in organic synthesis, therefore has application in various end use industries such as automotive, pharmaceutical, electrical and electronics, artificial leather, and agriculture chemicals.

Other applications include gamma-butyrolactone (GBL) which is increasing in demand due to application in various industries including electronics, pharmaceuticals, agrochemicals and, high performance polymers thus increasing the demand for 1,4 butanediol.

In the first half of FY20 sudden outbreak of novel coronavirus followed by fall in in the demand of automotive, electronics, and textiles rendered a slight downfall in the global 1,4 butanediol prices.Regionally, Asia Pacific dominates the Global 1,4 butanediol market and holds the largest market share in FY19.

Moreover, increasing regulations of the Indian government towards limiting the consumption of 1,4 butanediol because of its psychotropic properties is seen as a barrier to demand growth for the forecast period.According to ChemAnalyst report, Global 1,4 butanediol Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Technology, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating global carbon nanotubes market are International Specialty Products, BASF SE, Invista, Mitsubishi Chemical Corporation, Shanxi Sanwei Group (China), Dairen Chemical Corporation, Nan Ya Plastics Corporation, LyondellBasell Chemicals.“Being linked to the polymeric materials industry, the global 1,4 butanediol industry has shown a robust growth alongside growing population and changing consumer preference.

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