Butanediol market: global market size, industry growth, future prospe BDO_ market | Page 2

Butanediol market: global market size, industry growth, future prospects,
opportunities and forecast 2018-2023
Orion Market Research (OMR) recently published a market research report on global 1,4 Butanediol
market. The market is estimated to show a significant growth due to increasing consumption of
tetrahydrofuran and polybutylene terephthalate during the forecast period. The global BDO market is
segmented mainly into three major segments which includes technology, application and end users. The
report provides detailed and insightful chapters which include market overview, key findings, strategic
recommendations, market estimations, market determinants, key company analysis, company profiling,
market segmentation, geographical analysis, and analyst insights of the market.
Browse For the Full Report At: https://www.omrglobal.com/industry-reports/1-4-butanediol-market/
The end user industry is one of the major factors augmenting the BDO industry globally. Biological
pathways of BDO production is providing greater hope to the chemical industries in the present time.
Many key players are showing major interest towards bio-based products. The application areas of the
BDO is increasing at a rapid pace. The BDO is one of the important raw materials used for basic organic
chemicals and fine chemicals. The principal products developed from BDO include tetrahydrofuran and
gamma-butyrolactone, having solvents applications and high-value derivatives. Tetrahydrofuran is used
for the production of spandex fibers; and other resins, solvents, and printing inks for plastics. The
properties of PBT such as thermal stability, durability, and high strength make it suitable to be used in
electrical appliances. PBT combines mechanical and electrical properties and has robust chemical
resistance. It is an industrial chemical providing good environmental characteristics and minimize health
risks for workers. It is used in a broad range of industries including medicine industry; textile industry;
chemical industry; papermaking industry; daily-using chemical industry; and automobile industry.
Rising demand for Polybutylene terephthalate is another major factor in rising market of BDO. PBT is
used as an insulator in electrical and electronics industries as it is a thermoplastic polymer. The PBT is
extensively used in broad range of application and is commonly used in electrical, electronic, and