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1 Wholesale Football Hats ,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) And Spandex Market To 2022 ? Indust Business Articles | January 27, 2016

Grand View has announced the addition of "1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) And Spandex Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.



The global?BDO, PTMEG and spandex market?is expected to reach USD 17.53 billion by 2022 Wholesale Football Hoodie , according to a new report by Grand View Research, Inc. Regulatory policies encouraging lightweight composites to reduce carbon emissions from vehicles are vital factors for BDO industry development over the forecast period.?


The market is likely to be driven by increasing butanediol demand from cosmetics, medicines, textiles, engineering plastics and automotive applications. About 50% BDO is used in tetrahydrofuran (THF) production, which is an intermediate chemical for polytetramethylene ether glycol (PTMEG). PTMEG itself is further processed to manufacture spandexelastanelycra Wholesale Football T-Shirts , which finds application in several end-use industries that include textiles and automotive interiors.?


Development of bio-based spandex is also expected to boost consumption mainly in emerging markets, especially for textiles and sportswear applications. Increasing application scope owing to advanced processing technologies and strategic initiatives among major corporations is another driving factor for the industry.?


Browse full research report on Global 1,4 - Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) And Spandex Market:?

Further key findings from the study suggest:

Global BDO market size was 1,924.6 kilo tons in 2014 and is expected to reach 2,913.1 kilo tons by 2022 Wholesale Football Jerseys , growing at a CAGR of 5.2% from 2015 to 2022. THF was the largest application segment for BDO and accounted for about 50% of total revenue in 2014. High demand for THF as an intermediate chemical to PTMEG production is expected to drive its growth over the forecast period. PTMEG demand is expected to grow at an estimated CAGR of 5.9% from 2015 to 2022 owing to rising spandex and urethane consumption in several automotive, industrial and consumer applications. Spandex was the leading application segment for PTMEG and accounted for over 75% of total market volume in 2014. Growing consumer preference for inexpensive, elastic and durable materials in textiles and automotive interiors is a major driving factor for the industry. Asia Pacific was the leading spandex consumer with demand share estimated at 69.4% in 2014. Southeast Asian countries such as Vietnam, Indonesia and Thailand have witnessed heightened textiles production, particularly in the sports apparel segment, thus establishing them as high potential markets in the global landscape. The global industry is characterized by the presence of numerous large corporations that are fully integrated along the value chain Wholesale Nike NFL Hats , from BDO production to elastane manufacturing for end-use industries. Major participants in the global industry include BASF, LyondellBasell, Ashland, Shanxi Sanwei Group, Dairen Chemicals, DuPont Wholesale Nike NFL Hoodie , and Invista. Spandex producers include AB Textile Mills, Dynamic Fabric Trading and Gold Pacific.

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Grand View Research has segmented the global BDO, PTMEGa and spandex market on the basis of application and region for each product:


1, 4-Butanediol (BDO) Application Outlook (Volume, Kilo Tons; Revenue, USD Million Wholesale Nike NFL T-Shirts , 2012 - 2022)

Tetrahydrofuran (THF) Polybutylene terephthalate (PBT) Gamma-butyrolactone (GBL) Polyurethane (PU) Others

Polytetramethylene Ether Glycol (PTMEG) Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

Spandex COPE Urethanes Others

Spandex Application Outlook (Volume, Kilo Tons; Revenue, USD Million Wholesale Nike NFL Jerseys , 2012 - 2022)

Textiles Medical & Hygiene Automotive Interiors Others

BDO, PTMEG and Spandex Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

North America U.S. Europe Germany UK Asia Pacific China India Japan Central & South America Brazil Middle East & Africa

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