U.S. 1,4 Butanediol Market Size & Outlook, 2025-2030
U.S. 1,4 Butanediol Market, 2018-2030 (US$M)
U.S. 1,4 butanediol market highlights
- The U.S. 1,4 butanediol market generated a revenue of USD 436.1 million in 2024 and is expected to reach USD 744.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.8% from 2025 to 2030.
- In terms of segment, tetrahydrofuran (thf) was the largest revenue generating application in 2024.
- Tetrahydrofuran (THF) is the most lucrative application segment registering the fastest growth during the forecast period.
1,4 butanediol market data book summary
| Market revenue in 2024 | USD 436.1 million |
| Market revenue in 2030 | USD 744.2 million |
| Growth rate | 7.8% (CAGR from 2024 to 2030) |
| Largest segment | Tetrahydrofuran (thf) |
| Fastest growing segment | Tetrahydrofuran (THF) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tetrahydrofuran (THF), Polybutylene Terephthalate (PBT), Gamma-Butyrolactone (GBL), Polyurethane (PU) |
| Key market players worldwide | Basf SE, Ashland Inc, DCC PLC, Mitsubishi Chemical Group Corp, Evonik Industries AG, LyondellBasell Industries NV Class A, China Petroleum & Chemical Corp Class H, Sipchem, Genomatica |
Other key industry trends
- In terms of revenue, U.S. accounted for 5.7% of the global 1,4 butanediol market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. 1,4 butanediol market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 744.2 million by 2030.
The U.S. held the largest market share of 86.54% in North America in 2023. Large medical device companies are outsourcing parts of their regulatory functions, such as report writing & publishing,
In November 2023, Rice University, as a member of the Southwest National Pediatric Device Innovation Consortium, became part of a collaborative effort that has secured a 5-year, USD 7.4 million grant from the U.S. Food and Drug Administration.
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Publish Date: Dec 02, 2024
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1,4 Butanediol Market Scope
1,4 Butanediol Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Evonik Industries AG | View profile | 33,409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | www.evonik.com |
| LyondellBasell Industries NV Class A | View profile | 20,000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | www.lyondellbasell.com |
| Ashland Inc | View profile | 3,800 | 8145 Blazer Drive, Wilmington, DE, United States, 19808 | www.ashland.com |
| Mitsubishi Chemical Group Corp | View profile | 74,632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | www.mcgc.com |
| DCC PLC | View profile | 16,600 | Leopardstown Road, DCC House, Foxrock, Dublin, Ireland, D18 PK00 | www.dcc.ie |
| China Petroleum & Chemical Corp Class H | View profile | 368,450 | No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 | www.sinopec.com |
| Genomatica | View profile | 101-250 | San Diego, California, United States, North America | www.genomatica.com |
| Sipchem | View profile | 5001-10000 | Al Khobar, Ash Sharqiyah, Saudi Arabia, Asia | www.sipchem.com |
U.S. 1,4 Butanediol Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 1,4 Butanediol Market Outlook will help companies and investors design strategic landscapes.
Tetrahydrofuran (Thf) was the largest segment with a revenue share of 51.0% in 2024.
Horizon Databook has segmented the U.S. 1,4 butanediol market based on tetrahydrofuran (thf), polybutylene terephthalate (pbt), gamma-butyrolactone (gbl), polyurethane (pu) covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. held the largest market share of 86.54% in North America in 2023. Large medical device companies are outsourcing parts of their regulatory functions, such as report writing & publishing,
In November 2023, Rice University, as a member of the Southwest National Pediatric Device Innovation Consortium, became part of a collaborative effort that has secured a 5-year, USD 7.4 million grant from the U.S. Food and Drug Administration.
- U.S. 1,4 Butanediol Market Application Outlook (Revenue, USD Million , 2018-2030)
- Tetrahydrofuran (THF)
- Polybutylene Terephthalate (PBT)
- Gamma-Butyrolactone (GBL)
- Polyurethane (PU)
- Others
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U.S. 1,4 Butanediol Market, 2018-2030 (US$M)
U.S. 1,4 butanediol market statistics, by application, 2018-2030 (US$M)
