Global Bio-Butanediol Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Global
Bio-Butanediol Market (2024-2030):
According
to the latest report, the Global Bio-Butanediol
Market size is estimated to grow at a CAGR of
around 7.5% during the forecast period, i.e., 2024-30. The
report demonstrates the prominent factors propelling the exponential growth of
the Global Bio-Butanediol Market.
·       
Historic Period: 2019-2022
·       
Base year: 2023
·       
Forecast Years: 2024-2030
·       
CAGR (2024-30): 7.5%
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The Surge in Sustainable Electronic Manufacturing
Activities to Drive Market Growth – The
growing population and urbanization have significantly increased the demand for
various electronic appliances across the globe. This surge in electronics needs
is leading to a rise in its manufacturing activities, thereby driving an
unprecedented demand for various polymers. As consumer electronics become
increasingly integrated into daily life, the need for lightweight, durable, and
versatile polymers is skyrocketing. Materials like polycarbonate, polyethylene
terephthalate (PET), and polypropylene are essential in producing casings,
circuit boards, and insulation, which is increasing their demand in electronics
manufacturing.
With
the surging demand for these materials, the use of bio-butanediol to
manufacture these materials is also surging owing to the shifting focus towards
sustainable manufacturing of consumer electronic products. Hence, the surging
incorporation of bio-butanediol in polymer manufacturing is augmenting the
growth of the Bio-Butanediol Market globally.
Global Bio-Butanediol Market Segmentation
The Global
Bio-Butanediol Market analysis of MarkNtel Advisors explores the industry by
emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market dynamic. The
further bifurcations are as follows:
- By Source
- Sugar Based- Market Size & Forecast
      2019-2030F, Quantity Sold (Tons)
- Biomass Based- Market Size &
      Forecast 2019-2030F, Quantity Sold (Tons)
- By Application
- Polytetramethylene Ether Glycol- Market
      Size & Forecast 2019-2030F, Quantity Sold (Tons)
- Tetrahydrofuran (THF) - Market Size
      & Forecast 2019-2030F, Quantity Sold (Tons)
- Polybutylene Terephthalate (PBT) -
      Market Size & Forecast 2019-2030F, Quantity Sold (Tons)
- Gamma-Butyrolactone (GBL) - Market Size
      & Forecast 2019-2030F, Quantity Sold (Tons)
- Polyurethane (PU) - Market Size &
      Forecast 2019-2030F, Quantity Sold (Tons)
- Others
- By End User
- Automotive- Market Size & Forecast
      2019-2030F, Quantity Sold (Tons)
- Electrical and Electronics- Market Size
      & Forecast 2019-2030F, Quantity Sold (Tons)
- Packaging- Market Size & Forecast
      2019-2030F, Quantity Sold (Tons)
- Textile - Market Size & Forecast
      2019-2030F, Quantity Sold (Tons)
- Consumer Goods- Market Size &
      Forecast 2019-2030F, Quantity Sold (Tons)
- Others- Market Size & Forecast
      2019-2030F, Quantity Sold (Tons)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
As per the regional aspect, the Global Bio-Butanediol Market is expected to
be dominated by the North America by capturing the potential market share. 
Explore further details about this research report- https://www.marknteladvisors.com/research-library/bio-butanediol-market.html
Top
Companies in the Global Bio-Butanediol Market 
BASF SE, Novamont SpA, LCY Chemical, Shandong LanDian
Biological Technology Co. Ltd, DSM, Global Bio-Chem, Genomatica, Cargill
Incorporated, Mitsubishi Chemical, Bio-Amber, Qira, DuPont, Braskem, DOW, LG
Chemical, Others
Global Bio-Butanediol
Industry Recent Development
- In 2023: BASF SE, announced its partnership with Qore LLC to produce bio-based BDO at Cargill’s biotechnology campus and corn refining operation in Eddyville, Iowa.
- In 2022: Lycra Company, announced the world's first large-scale commercial manufacturing of bio-derived spandex using QIRA bio-based 1,4-BDO as one of its key ingredients.
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