1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Garner US$ 17.5 Bn By 2026

A report by Acumen Research and Consulting estimated that the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market will surpass $ 17.5 billion by 2026, representing an average annual growth rate of 7.6 percent from 2020 to 2026. The market report provides an analysis of the global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market for the period 2015-2026, wherein 2020 to 2026 is the forecast period and 2019 is considered as the base year.

Increasing demand for improved quality fabric is projected to drive development for improved quality stretching materials across different textile applications. There are plans to further foster growth in a growing amount of sport operations and fitness and healthy lifestyles. Asia Pacific's rapidly expanding market is anticipated to further increase its market thanks to population explosion, increased disposable income and the development of end use sectors. The application is anticipated to expand over the coming eight years to increase safety & hygiene norms in medical establishments and to increase awareness of preventive healthcare, particularly in developing countries.

Some of the variables responsible for market growth include the availability of extremely qualified staff, sophisticated processing and application techniques, developed infrastructure and an growing amount of R&D operations. On the other side, in the next era, the PBT industry is expected to develop as rapidly as a healthy CAGR. EPA has rules for combating pollution from production procedures within the National Emissions Standards for Hazardous Air Pollutants. Because of its natural dangerous effects on organic health and the environment, protocols are designed to limit the production, use and exposure of individuals and the environment. Furthermore, coal BDO manufacturing will probably alter the dynamics of the economy in the coming years. The developments in new spandex products such as the flat tension curvature, good denier and three-dimensional lycra are projected to increase market growth in the most latest technological trend. In addition, regulation policies to prevent dangerous and carcinogenic products, such as 1,4 BDO and GBL, are expected to challenge market growth over the forecast period in order to acquire a PTMEG and Spandex.

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However, fluctuating commodity prices in the planned era are estimated to impede general development. The production of bio-based raw materials, such as bio-succinic acid, creates fresh possibilities for development. For example, an increasing focus on green chemistry has led important players such as Myriant, BioAmber and Genomatica to create a substitution for biobased paths, which is estimated to have a positive effect in the development of BDOs derived from sugar or cellulosic feed.

Asia Pacific, due to growing exports to the North American and European nations, is anticipated to stay the biggest textiles industry. The growth in spandex markets is expected to have a positive effect in the forecast period on increasing capability, modernization and diversification with the textile industry. Increased awareness of the advantages of such high-performance engineering materials to foster industrial growth in all of North America and Europe, combining flexible elastomers and rigid plastics are estimated. The growing fabric sector and strong demand for medical and hygiene spandex in Germany are projected to boost market development. Due to increasing demand from the health industry, Medical and Hygiene is the fastest increasing industry.

Key Players & Strategies

Some of the major companies in the market are Mitsui Chemicals Inc.; DuPont; Ashland Inc.; Genomatica; Sipchem; Dairen Chemicals Corporation (DCC);Asahi Kasei Corp.; Indorama Synthetics; Toray Industries Inc.; The Dow Chemical Company; BASF SE; Lotte Chemical; LyondellBasell; Invista; BioAmber Inc. and Nan Ya Plastics.

Companies have tried to cater for big clients through fusions and acquisitions and strategic expansions. The businesses also strive to create high-quality goods and high-value goods with the optimum cost to the price sensitive sector by means of R&D attempts and ongoing innovation. During the forecast period, companies ' above-mentioned attempts have allowed them to predict important development.

It was the first local BDO manufacturer to use his own proprietary patented technology in Taiwan to develop the Dairen Chemy Corporation. LyondellBasell was the next manufacturer to create its own propylene oxide-based technology. The second factory used the initial ARCO propylene oxide (PO) technology in the LyondellBasell Netherlands.

Market Segmentation as below:

Market, By Products

• Gamma-Butyrolactone (GBT)
• Reaction Turbin
• Polybutylene Terephthalate (PBT)
• Tetrahydrofuran (THF)
• Polyurethane (PU)
• Others

Market, By Application

• Spandex
• Urethanes
• Co-polyester-Ether Elastomers (COPE)
• Others

Market, By End Users

• Textiles
• Automotive Interiors
• Medical & Hygiene
• Others

Market By Geography

(Regional Output, Demand & Forecast by Countries)

North America (USA and Canada)

Europe (UK, Germany, France, Spain and Rest of Europe)

Asia Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific)

Latin America (Mexico, Brazil and Rest of Latin America)

Middle East and Africa (GCC, South Africa and Rest of MEA).

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. 1,4-Butanediol (BDO) Market, By Application
1.2.2.1. Global 1,4-Butanediol (BDO) Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.2.2. Global 1,4-Butanediol (BDO) Market Revenue Share By Application in 2018
1.2.2.3. Gamma-Butyrolactone (GBT)
1.2.2.4. Reaction Turbin
1.2.2.5. Polybutylene Terephthalate (PBT)
1.2.2.6. Tetrahydrofuran (THF)
1.2.2.7. Polyurethane (PU)
1.2.2.8. Others
1.2.3. Polytetramethylene Ether Glycol (PTMEG) Market, By Application
1.2.3.1. Global Polytetramethylene Ether Glycol (PTMEG) Market Revenue and Growth Rate Comparison By Impurities (2015-2026)
1.2.3.2. Spandex
1.2.3.3. Urethanes
1.2.3.4. Co-polyester-Ether Elastomers (COPE)
1.2.3.5. Others
1.2.4. Spandex Market By Application
1.2.4.1. Global Spandex Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Textiles
1.2.4.3. Automotive Interiors
1.2.4.4. Medical & Hygiene
1.2.4.5. Others
1.2.5. 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market by Geography
1.2.5.1. Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA)1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenueand Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICSAND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Major Manufacturers in 2018

CHAPTER 4. 1,4-BUTANEDIOL (BDO) MARKET BY APPLICATION
4.1. Global 1,4-Butanediol (BDO) Revenue By Application
4.2. Gamma-Butyrolactone (GBT)
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Reaction Turbin
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Polybutylene Terephthalate (PBT)
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Tetrahydrofuran (THF)
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Polyurethane (PU)
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Other
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. POLYTETRAMETHYLENE ETHER GLYCOL (PTMEG) MARKET BY APPLICATION
5.1. Global Polytetramethylene Ether Glycol (PTMEG) Revenue By Application
5.2. Spandex
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Urethanes
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Co-polyester-Ether Elastomers (COPE)
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. SPANDEX MARKET BY APPLICATION
6.1. Global Spandex Revenue By Application
6.2. Textiles
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Automotive Interiors
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Medical & Hygiene
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA 1,4-BUTANEDIOL (BDO), POLYTETRAMETHYLENE ETHER GLYCOL (PTMEG) AND SPANDEX MARKET BY COUNTRY
7.1. North America 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and SpandexMarket Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S.1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and SpandexMarket Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE1,4-BUTANEDIOL (BDO), POLYTETRAMETHYLENE ETHER GLYCOL (PTMEG) AND SPANDEX MARKET BY COUNTRY
8.1. Europe 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and SpandexMarket Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC1,4-BUTANEDIOL (BDO), POLYTETRAMETHYLENE ETHER GLYCOL (PTMEG) AND SPANDEX MARKET BY COUNTRY
9.1. Asia-Pacific 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and SpandexMarket Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA1,4-BUTANEDIOL (BDO), POLYTETRAMETHYLENE ETHER GLYCOL (PTMEG) AND SPANDEX MARKET BY COUNTRY
10.1. Latin America 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and SpandexMarket Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST1,4-BUTANEDIOL (BDO), POLYTETRAMETHYLENE ETHER GLYCOL (PTMEG) AND SPANDEX MARKET BY COUNTRY
11.1. Middle East 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and SpandexMarket Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. AFRICA 1,4-BUTANEDIOL (BDO), POLYTETRAMETHYLENE ETHER GLYCOL (PTMEG) AND SPANDEX MARKET BY COUNTRY
12.1. Africa 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and SpandexMarket Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 13. COMPANY PROFILE
13.1. Mitsui Chemicals Inc.
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. DuPont
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Ashland Inc.
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Genomatica
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Sipchem
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Dairen Chemicals Corporation (DCC)
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Asahi Kasei Corp.
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Indorama Synthetics
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Toray Industries Inc.
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. The Dow Chemical Company
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. BASF SE
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Lotte Chemical
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Others
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies

CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

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