Global 1,3-Butanediol (BDO) Market Size, Share, Growth Insights and Report 2024-2031 | Daicel Corporation, Merck KGaA, Tokyo Chemical Industry Co Ltd

DataM Intelligence has published a new research report on "1,3-Butanediol (BDO) Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. . The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The 13-Butanediol (BDO) market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

1,3-Butanediol (BDO) is an organic molecule with the chemical formula C4H10O2, made composed of four carbon atoms and two hydroxyl groups (-OH) connected to the first and third carbons. It is a colorless, viscous liquid that is widely used as a solvent, plasticizer, and in the manufacturing of industrial chemicals and polymers. In cosmetics and personal care products, 1,3-butanediol acts as a humectant and emollient, retaining moisture and improving texture. It is also utilized in the pharmaceutical business to produce polyurethane, resins, and coatings. Furthermore, BDO can be produced using both petrochemical and bio-based techniques.

Key Developments:

In 2023, Cargill and HELM established Qore as a joint venture to assist companies that employ bio-based intermediates instead of fossil-based chemistries in order to lower their greenhouse gas emissions. Under the terms of the deal, companies have contributed US$ 300 million to the construction of the commercial-scale renewable BDO project.
In December 2023, BASF plans to launch PolyTHF and BDO as LowPCF products in the first part of 2024. The carbon footprints of each of the two chemical products have been computed by the chemical major.
In September 2023, BASF has received long-term access to Qore LLC, a joint venture between Cargill and HELM AG, for QIRA bio-based butanediol (BDO).
Forecast Growth Projected:

Global 1,3-Butanediol (BDO) Market reached US$ 188.2 million in 2023 and is expected to reach US$ 251.7 million by 2031, growing with a CAGR of 3.7% during the forecast period 2024-2031.

List of the Key Players in the 13-Butanediol (BDO) Market:

KH Neochem, Godavari Biorefineries, Haihang, Genomatica, OQ Chemicals, Daicel Corporation, Merck KGaA, LobaChemie Pvt. Ltd., Tokyo Chemical Industry Co., Ltd. (TCI), Central Drug House and Otto Chemie Pvt. Ltd.

Segment Covered in the 13-Butanediol (BDO) Market:

By Type - Bio-based, Petro-based

By Function - Humectant, Emollient, Stabilizer, Intermediate, Others

By End-User - Cosmetics & Personal Care, Plastics & Polymers, Paint & Coatings, Food, Others

Regional Analysis:

The global 13-Butanediol (BDO) Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global 13-Butanediol (BDO) Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The 13-Butanediol (BDO) Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of 13-Butanediol (BDO) manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of 13-Butanediol (BDO) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.



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The research study aims to address the following key questions:

➡What is the expected growth rate of the 13-Butanediol (BDO) Market during the forecast period of 2031?

➡What key factors are driving the 13-Butanediol (BDO) Market across various regions?

➡Who are the leading vendors in the 13-Butanediol (BDO) industry, and what strategies contribute to their success?

➡What is the anticipated market scope for the projected period?

➡What major trends are influencing the industry's growth in the coming years?

➡What challenges does the 13-Butanediol (BDO) Market face?

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