Last Updated: 23-07-2025 | Format: PDF | Report ID:2049 | Author: Ankita R
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $3,200 Million |
| What is the market CAGR from 2025 to 2035? | 6.2% |
| Which region dominates the market? | Midwest (32%) |
| Which product/service type dominates the market? | Acetylene-based (38%) |
| Which application leads the market? | Tetrahydrofuran (THF) (40%) |
| Who are the major buyers? | Automotive (31%), Others (25%) |
| What are the key market growth drivers? | Expansion of biobased and renewable BDO manufacturing leveraging sustainable feedstocks; Rising demand in high-growth end-use sectors such as automotive and consumer electronics |
| What are the major market challenges? | Volatility in raw material availability—particularly feedstock price fluctuations—posing supply chain risks; Maintaining cost-competitiveness against imports from Asian producers |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? |
| BASF SE, Mitsubishi Chemical Corporation, Ashland Global Holdings Inc., Dairen Chemical Corporation, LyondellBasell Industries N.V., Genomatica, Inc., INVISTA, Sipchem, Markor Chemical Industry Co., Ltd., Xinjiang Tianye (Group) Co., Ltd., Chongqing Jianfeng Industrial Group Co., Ltd., Nan Ya Plastics Corporation, Xinjiang Blue Ridge Tunhe Chemical Co., Ltd., Shanxi Sanwei Group Co., Ltd., Others |
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