1,4 Butanediol Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The 1,4 butanediol market is expected to register a CAGR of over 3 % during the forecast period.
Due to the disruption in the chemical goods supply chain during the pandemic, which raised the price of raw materials, the COVID-19 pandemic had a significant negative impact on the market. However, the market is projected to grow steadily, owing to increased activities of the textile industry in 2021.
Key HighlightsThe 1,4 butanediol market is partially consolidated in nature. Some of the major market players include BASF SE, DCC, Xinjiang Blue Ridge Tunhe Chemical Co. Ltd, Xinjiang Tianye (Group) Co. Ltd, and Ashland, among others (not in any particular order).
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