1,4-butanediol (BD) is a chemical that is made industrially and is used in place of gamma-hydroxybutyric acid (GHB). It is highly viscous and colourless in nature and is primarily a form of alcohol and an organic compound.
1,4-Butanediol (1,4-BD) is also employed in the production of products such as paint thinner, floor stripper, and other solvents. It is used in the formation of other organic chemicals, including the solvent oxolane.
The worldwide leading 1,4-Butanediol (1,4-BD) producing countries are Japan, China, Australia, India, and South Korea.
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Key Details About the 1,4-Butanediol (1,4-BD) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the 1,4-Butanediol (1,4-BD) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The 1,4-Butanediol (1,4-BD) price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting 1,4-Butanediol (1,4-BD) Price Trend:
Industrial uses impacting 1,4-Butanediol (1,4-BD) price trend primarily include its predominant utilization as a solvent and is also extensively employed in the manufacture of elastic fibres, plastics, and polyurethanes.
The chemical finds application in an essential recreational drug known as One Comma Four or One Four B-D-O. Moreover, it is also used in the γ-butyrolactone (GBL) synthesis in organic chemistry.
Key Market Players:
- The Dow Chemical Company
- BASF SE
- Invista
- LyondellBasell Industries
- Mitsubishi Chemical Corporation
- ExxonMobil Chemicals
- International Specialty Products
- BioAmber Inc.
News and Events:
- Ashland Global Holdings Inc. declared the price hike of1,4-Butanediol with its several derivative products in the North America region. The price rise is 45 cents per pound and 50 cents per pound for n-methyl-pyrrolidone, 2-pyrrolidone and tetrahydrofuran, respectively.
- As of September 05, 2022 the domestic China price of 1,4-Butanediol (1,4-BD) was around USD 1480 per MT.
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