/PRNewswire/ The "Methyl Acetate Market by End-user (Paints and coatings, Inks, Personal care, and Others) and Geography (APAC, North America, Europe,.
Increasing Demand of Polyurethane Driving the Growth of 1, 4 Butanediol Market.
BriefingWire.com, 3/01/2021 - 1,4 Butanediol Market size is forecast to reach $11.1 billion by 2025, after growing at a CAGR of 7.2% during 2020-2025. 1,4 Butanediol, generally referred to as BDO, is an organic compound primarily used as a solvent in industrial cleaners and glue removers such as tetrahydrofuran (THF). The increasing demand for polybutylene terephthalate (PBT) from different industries and the strict government regulations are the key factors driving the growth of the 1,4 Butanediol market. Also, increasing demand for the bio-based 1,4-butanediol market in the application of vehicles from the automotive sector will drive the1, 4 Butanediol industry in the forecast period.