Published on : Jun 29, 2018
Albany, New York, June 29, 2018: 1,4-Butanediol, an isomer of butanediol, alternatively known as BD or BDO finds widespread use in paint industry. Its optimum use in pharmaceutical, chemical, and paint industries have also contributed notably towards the growth of 1, 4-Butanediol (BDO) market. To understand the impact of ongoing developments and recent trends on the growth of 1, 4-Butanediol (BDO) market, Market Research Hub (MRH) has added a new report titled, ‘Global 1, 4-Butanediol (BDO) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023’ to its database.
Renewable Chemicals Obtained from Bio Based Feedstock Boosts Growth in1, 4-Butanediol (BDO) Market
Owing to its non-toxicity and minimal hazardous behavior, 1, 4-Butanediol (BDO) having molecular formula, C4H10O2 and CAS 110-63-4 has replaced several other compounds in end-user industries. Its utility as a sedative drug has caused significant spike in its demands, encouraging manufacturers in, 4-Butanediol (BDO) market to intensify their production capabilities, aligning with spurred demands.
In a recent development, industrial biotechnology company, BioAmber Inc. has lately entered into a technology partnership with Johnson Matthey Davy Technologies. This collaboration is expected to spearhead new developments in the production of 1, 4-Butanediol (BDO). The company uses succinic acid to derive sustainable chemicals such as 1, 4-Butanediol (BDO). With this technology license obtained, BioAmber will likely be enabled to produce large scale succinic acid, thereby leveraging its pipeline portfolio of succinic acid derivatives such as 1, 4-Butanediol (BDO) besides THF and other products.
Biotechnology company Genomatica’s GENO BDO biobased technology struck milestones in production of 1, 4-Butanediol (BDO). Forerunner in 1, 4-Butanediol (BDO) market, Mitsubishi Chemicals also employs innovative GENO BDO technology to produce commercial 1, 4-Butanediol (BDO) ideal for use in various industries.
Veritable insights highlighted in the report inform readers about various segments exhibited in the market. This section of the report briefs readers about prevailing segments in 1, 4-Butanediol (BDO) market, including, type and application. Based on type, 1, 4-Butanediol (BDO) market is sectioned as Gamma-Butyrolactone (GBL), Polyurethanes (PU), Polybutylene Terephthalate (PBT), Tetrahydrofuran (THF), and others. In terms of application, 1, 4-Butanediol (BDO) market is split as pharmaceuticals, paint, and chemicals. Based on these inputs, readers can gather vital perspectives about the impact of segments in stimulating growth in 1, 4-Butanediol (BDO) market, besides identifying the segment, accounted for maximization of revenues in 1, 4-Butanediol (BDO) market.
Additionally, the report also provides comprehensive overview of regional distribution of 1, 4-Butanediol (BDO) market. Based on region, 1, 4-Butanediol (BDO) market is segregated as Europe, North America, South America, Asia-Pacific, and Middle East and Africa. Based on these data presented in the report, readers can gain information about marketing strategies employed by leading players in various regions of 1, 4-Butanediol (BDO) market. Also, readers can comprehend the impact of these strategies in triggering end-user response besides accelerating growth in 1, 4-Butanediol (BDO) market.
Key Players in 1, 4-Butanediol (BDO) Market
Exhaustive research outputs highlighted in the report enable readers to infer the impact of marketing strategies in garnering positive customer response, besides influencing their preferences and purchase decisions. New and existing market players in engage in deep analysis of these strategies to decipher vital deductions. Based on these deductions, market players can maneuver profit oriented investment decisions and policies that encourage maximum profits and growth in 1, 4-Butanediol (BDO) market. Key players included in 1, 4-Butanediol (BDO) market are, Mitsubishi Chemical Corporation, Ashland Inc., Bioamber Inc., Chemtura Corporation, Chongqing Jian Feng Chemical Industry Co. Ltd, and Genomatica Inc. among others.
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