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Home>Global 1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Report 2017 - Research and Markets

Global 1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Report 2017 - Research and Markets

Global 1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Report 2017 - Research and Markets

10/04/2017

Global 1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Report 2017 - Research and Markets

The "1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Analysis by Application (Tetrahydrofuran, Polybutylene terephthalate, Gamma-Butyrolactone, Polyurethane, COPE, Urethanes, Textiles) and Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.

The global 1,4-BDO, PTMEG and Spandex market is expected to reach USD 5.44 billion by 2025

Extensive usage of these compounds across expanding key end-use industries such as automotive & transportation, construction, and packaging has driven industry growth in recent years.

Increasing awareness regarding the benefits of these high-performance engineering materials that bridge the gap between flexible elastomers and rigid plastics is another driving factor for the market. Various industry players have also developed high performance PTMEG products for distinct applications, such as construction coatings, synthetic polyurethane fibers, security glazing and lamination films.

Growth of electrical & electronics industry in emerging economies of Asia Pacific in countries including India, Thailand, Malaysia and Indonesia is expected to positively influence GBL production from BDO. GBL is widely deployed as an intermediate for manufacturing pyrrolidones, which are further used as industry chemicals. It is also used for circuit board cleaning in electronics and high technology industries and paint stripping due to its strong solvency properties.

THF was the largest application category in 2016 .and is expected to maintain highest growth rate over the forecast period. Polyurethane is also likely to grow at a modest pace owing to increasing awareness regarding lightweight and fuel efficient passenger vehicles.

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