The hottest global BDO market is optimistic, and b

Global BDO market outlook optimistic bio based materials become popular

Global BDO market outlook optimistic bio based materials become popular

March 11, 2014 until the sample is damaged

[China paint information] global polyurethane March 11 news it is estimated that the global market value of BDO will reach $6.947.1 billion in 2020. The development of downstream shoe materials market, especially in the Asia Pacific region, will drive the growth of BDO market. In addition, BDO is the raw material of THF, and THF can be further used to process spandex. One of the terminals of spandex is sportswear

the increasing number of sports events worldwide will drive the demand for sportswear, which will be reflected in the BDO market. However, BDO manufacturers will also face challenges in the next six years, mainly the instability of raw material prices and strict environmental regulations, especially in North America and Europe. In order to overcome these challenges, BDO manufacturers are currently working hard to develop bio based BDO products, which are not only environmentally friendly but also cost-effective. At present, some companies that are trying to develop bio based BDO technology include BASF, praque, DSM, Mitsubishi, Miriam and genomatica

thf is the largest downstream of BDO, accounting for 41.6% of domestic BDO consumption in 2013. The polyurethane field, relying on the growing demand for clothing, shoe materials and other materials in China, India and Brazil, will become the fastest-growing downstream of BDO. It is expected that the annual compound annual growth rate of domestic BDO production capacity in will reach 37%, and the growth rate of PBT and GBL in the same period and can be switched dynamically in real-time graphics during testing will be 34.9% and 24.6% respectively

in 2013, the global output of BDO was 2.75million tons, which is expected to reach 4.439 million tons by 2016, with a compound annual growth rate of 18%

the Asia Pacific region dominates the global BDO market, accounting for 57.8% of the global market share in 2013. In addition to being the largest market, the Asia Pacific region will also be the most developed region. With the improvement of disposable income in China, India and Indonesia, the demand for clothing, shoe materials and other markets in these countries will grow rapidly, thereby driving the BDO market

globally, the main BDO manufacturers are BASF, Dalian Chemical, Liande, ISP and Xinjiang MEC, which accounted for 50% of the total market in 2013. Mitsubishi Chemical has cooperated with biotechnology companies to develop bio based BDO to achieve sustainable development

at present, the market of petroleum based 2,3-bdo is very small and has little potential. 2,3-bdo is mostly used as laboratory materials, and a small part of it is sold downstream. However, the same 2,3-refueling BDO produced from bio based materials has a very broad prospect

the bio based 2,3-bdo market is profitable, and some companies have planned to realize the commercial production of 2,3-bdo in the coming years