LONDON--(BUSINESS WIRE)--The world 1,4 butanediol (BDO) market is estimated to grow from 1,725.0 kilo tons in 2011 to reach 2,548.5 kilo tons by 2017-end, at a CAGR of 5.5% during 2012-2017. The Asia-Pacific is leading accounting for over 55% of total volume consumed as of 2011, followed by Europe and North America with their respective second and third positions. The market for BDO in RoW is expected to advance at a fast pace in the next few years, remaining the fastest growing region for BDO.
Key drivers of the BDO industry include robust growth in developing regions especially Asia, rising demand in end-user industries, and high existing production capacities of BDO. Factors such as raw material price volatility and high manufacturing cost of the industry are among the major restraints.
New study “1,4-Butanediol Market, By Application & Geography, Trends & Forecasts to 2017” elaborated by MarketsandMarkets provides comprehensive analysis and forecast of the global 1,4-butanediol market, categorizing it on the basis of technology, applications, and geography. To contribute to a better understanding of the sector, the report comprehensively reviews market drivers, restraints, opportunities, challenges, and burning issues. The competitive landscape assessment and elaborate profiles of the top 24 companies with their recent developments and other strategic industry activities can also be found in the research.
Report Details:
Title: 1,4-Butanediol Market, By Application & Geography, Trends & Forecasts to 2017
Published: October, 2012
Pages: 206
Price: US$ 4,650.00
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