1,4-Butanediol, Polytetramethylene Ether Glycol and Spandex Global Market Report 2022: Increasing Demand For Sustainable And Bio-Based Feedstock Drives Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "1,4-Butanediol, Polytetramethylene Ether Glycol and Spandex Market Share, Size, Trends By Form, By Application, By End-Use, By Region, Segment Forecast, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex market size is expected to reach USD 43.4 Million by 2030, according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

The expansion is expected to be further fueled by an increase in sports participation and public awareness of health and fitness living. Consumers have become increasingly focused on their health and fitness goals as a result of the accelerating pace of life, hectic work schedules, and long work hours.

The 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) market is expected to expand significantly as a result of consumers' increased health consciousness and the growing popularity of workouts that promote physical well-being, weight management, increased body stamina, and increased muscular strength.

Furthermore, as per the World Economic Forum, nearly 60% of people in all 29 areas said they would like to participate in more activities than they currently do (58 percent). Thus, the rise in sports activities has led to an increase in product demand. PTMEG and MDI are used as chemical reactants in their production.

It is frequently used to make swimsuits, inner wears, skin-tight clothing, gloves, and gym gear. Additionally, because spandex is stronger and more durable than other materials, it is also utilized to make surgical hoses and orthopedic braces.

Moreover, it is anticipated that the use of spandex in sportswear would increase, creating lucrative 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) industry potential. It is being used more and more in the manufacture of sportswear and swimwear. It provided the needed comfort and fit together with stretchability qualities.

As health awareness and the prevalence of various diseases increase globally, more people are taking part in sports activities, which is driving demand for sportswear items and driving the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex industry's expansion.

Market Dynamics

Drivers and Opportunities

• Increasing Demand For Sustainable And Bio-Based Feedstock
• Increasing THF Consumption

Restraints and Challenges

• Volatile Raw Material Price

Market Segmentation

The publisher has segmented the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex market report based on form, application, end-use, and region:

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex, Form Outlook (Revenue - USD Million, 2018 - 2030)

• Polybutylene terephthalate (PBT)
• Gamma-Butyrolactone (GBT)
• Tetrahydrofuran (THF)
• Polyurethane (PU)
• Others

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex, Application Outlook (Revenue - USD Million, 2018 - 2030)

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

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex, End-Use Outlook (Revenue - USD Million, 2018 - 2030)

• Medical & Hygiene
• Automotive Interiors
• Textiles
• Others

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex, Regional Outlook (Revenue - USD Million, 2018 - 2030)

• North America
• U.S
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Latin America
• Argentina
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa 

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Research Methodology

4. Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market Insights

5. Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market, by Form

6. Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market, by Application

7. Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market, by End-Users

8. Global 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Market, by Geography

9. Competitive Landscape

10. Company Profiles

Companies Mentioned

• Asahi Kasei Corp.
• Ashland Inc.
• BASF SE
• Hyosung Corporation
• INVISTA Corporation
• Indorama Industries Ltd
• Jiangsu Shaungliang Company Limited.
• Mitsui Chemicals Inc.
• TK Chemical Corporation
• The Dow Chemical Company
• Toray Industries Incorporation
• Taekwang Industrial Limited
• Xiamen Lilong Spandex Corporation
• Zhejiang Huafon Spandex Company

For more information about this report visit https://www.researchandmarkets.com/r/ou6uci