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BDO-PTMEG-Spandex Market Share, Size, Analysis, Growth,
Industry Trends and Forecasts, 2016 to 2024 - Report by Hexa
Research
" The global BDO-PTMEG-Spandex market is expected to grow
at significant CAGR of over 5.0% between 2016 to 2024, with
the global market size estimated at over USD 4.00 billion in
2014."
The 1, 4-butanediol (BDO) market stood around USD 4.1 billion in 2014. BDO is growingly used in drug
formulations. The worldwide BDO-PTMEG-Spandex market witnesses regulation from several agencies, with
either financial or environmental guidelines. BDO has attracted many legislative policies & actions regarding its
safe adoption.
THF is a key BDO derivative. It experiences catalyzed polymerization to produce polytetramethylene ether
glycol (PTMEG). PTMEG refers to a wax-like white solid. It finds applications in the production of polymers like
urethane elastomers, polyamides, polymaides, etc. However, one of the key PTMEG uses is the production of
elastene/spandex/lycra fiber.
The PTMEG market garnered about USD 2.7 billion in 2014. With regards to value chain, BDO is a key raw
material in the production of elastene, with PTMEG as the transitional chemical. Globally, spandex produced
about USD 2.1 billion in 2014, with China grabbing nearly 30% volumes that year.
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Chief governmental policymakers controlling market dynamics are EPA, FDA, REACH, European Commission,
and ECHA. The BDO-PTMEG-Spandex market is classified as per applications and regions. BDO applications
comprise polyurethanes, tetrahydrofuran (THF) and gamma-butyrolactone (GBL), among some others.
THF was the biggest BDO segment in 2014. It occupied nearly half of the total volumes the same year.
Urethanes, spandex, and copolysters eslatomers (COPE) are the applications of PTMEG. Spandex dominated the
PTMEG market in 2014, with over 75% of the global incomes. Textiles were the leading end-user of elastene in
2014.
‘Medical & hygiene’ followed textiles that year. Augmenting hygiene & safety standards across healthcare
amenities should complement this segment in the near future. Regions wise, the market is divided into Asia
Pacific, North America, Europe, and Central & South America.
In 2014, North America contributed 11.6%, 17%, and 11.3% of the overall PTMEG, BDO, and spandex volumes
respectively. The region is marked by adherent policies on human health & ecology. Asia Pacific dominated the
market in 2014 regarding the largest sales & consumer base.
Key companies in the global BDO-PTMEG-Spandex market consist of Invista, Dairen Chemicals, DuPont, BASF,
and Ashland. Market earnings are shared by highly integrated firms. By placing themselves through the value
chain, these firms meet the requirements of different end-users and application segments.
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Table of Content of BDO-PTMEG-Spandex Market
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research scope & assumptions
1.3 List of data sources
Chapter 2 Executive Summary
2.1 BDO - Industry Summary & Key Buying Criteria, 2016 - 2024
2.2 PTMEG - Industry Summary & Key Buying Criteria, 2016 - 2024
2.3 Spandex - Industry Summary & Key Buying Criteria, 2016 - 2024
Chapter 3 BDO-PTMEG-Spandex Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects, 2016 - 2024
3.3 BDO-PTMEG-Spandex value chain analysis
3.3.1 Vendor landscape
3.4 Regulatory landscape
3.5 Technological overview
3.6 BDO-PTMEG-Spandex market dynamics
3.6.1 Market driver analysis
3.6.1.1 Development of bio-based raw materials & sustainable technologies
3.6.1.2 Textiles & apparel industry growth
3.6.2 Market restraint analysis
3.6.2.1 Volatile raw material prices
3.7 Key opportunities prioritized
3.8 Industry Analysis - Porter’s
3.9 BDO-PTMEG-Spandex PESTEL analysis
Chapter 4 BDO-PTMEG-Spandex Product Outlook
4.1 Global BDO-market volume share by application, 2016 & 2024
4.1.1 BDO
4.1.1.1 BDO market estimates & forecast, 2016 - 2024
4.1.1.2 BDO market estimates & forecast by region, 2016 - 2024
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4.1.1.3 BDO market estimates & forecast by application, 2016 - 2024
4.2 Global PTMEG-market volume share by application, 2016 & 2024
4.2.1 PTMEG
4.2.1.1 PTMEG market estimates & forecast, 2016 - 2024
4.2.1.2 PTMEG market estimates & forecast by region, 2016 - 2024
4.2.1.3 PTMEG market estimates & forecast by application, 2016 - 2024
4.3 Global spandex market volume share by application, 2016 & 2024
4.3.1 Spandex
4.3.1.1 Spandex market estimates & forecast, 2016 - 2024
4.3.1.2 Spandex market estimates & forecast by region, 2016 - 2024
4.3.1.3 Spandex market estimates & forecast by application, 2016 - 2024
Chapter 5 BDO-PTMEG-Spandex Regional Outlook
5.1 Global BDO volume share by region, 2016 & 2024
5.2 Global PTMEG volume share by region, 2016 & 2024
5.3 Global spandex volume share by region, 2016 & 2024
5.4 North America
5.4.1 BDO
5.4.1.1 Market estimates & forecast, 2016 - 2024
5.4.1.2 Market estimates & forecast by application, 2016 - 2024
5.4.2 PTMEG
5.4.2.1 Market estimates & forecast, 2016 - 2024
5.4.2.2 Market estimates & forecast by application, 2016 - 2024
5.4.3 Spandex
5.4.3.1 Market estimates & forecast, 2016 - 2024
5.4.3.2 Market estimates & forecast by application, 2016 - 2024
5.4.4 U.S.
5.4.4.1 BDO
5.4.4.1.1 Market estimates & forecast by application, 2016 - 2024
5.4.4.1.2 Market estimates & forecast by application, 2016 - 2024
5.4.4.2 PTMEG
5.4.4.2.1 Market estimates & forecast by application, 2016 - 2024
5.4.4.2.2 Market estimates & forecast by application, 2016 - 2024
5.4.4.3 Spandex
5.4.4.3.1 Market estimates & forecast by application, 2016 - 2024
5.4.4.3.2 Market estimates & forecast by application, 2016 - 2024
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5.5 Europe
5.5.1 BDO
5.5.1.1 Market estimates & forecast, 2016 - 2024
5.5.1.2 Market estimates & forecast by application, 2016 - 2024
5.5.2 PTMEG
5.5.2.1 Market estimates & forecast, 2016 - 2024
5.5.2.2 Market estimates & forecast by application, 2016 - 2024
5.5.3 Spandex
5.5.3.1 Market estimates & forecast, 2016 - 2024
5.5.3.2 Market estimates & forecast by application, 2016 - 2024
5.5.4 Germany
5.5.4.1 BDO
5.5.4.1.1 Market estimates & forecast by application, 2016 - 2024
5.5.4.1.2 Market estimates & forecast by application, 2016 - 2024
5.5.4.2 PTMEG
5.5.4.2.1 Market estimates & forecast by application, 2016 - 2024
5.5.4.2.2 Market estimates & forecast by application, 2016 - 2024
5.5.4.3 Spandex
5.5.4.3.1 Market estimates & forecast by application, 2016 - 2024
5.5.4.3.2 Market estimates & forecast by application, 2016 - 2024
5.5.5 UK
5.5.5.1 BDO
5.5.5.1.1 Market estimates & forecast by application, 2016 - 2024
5.5.5.1.2 Market estimates & forecast by application, 2016 - 2024
5.5.5.2 PTMEG
5.5.5.2.1 Market estimates & forecast by application, 2016 - 2024
5.5.5.2.2 Market estimates & forecast by application, 2016 - 2024
5.5.5.3 Spandex
5.5.5.3.1 Market estimates & forecast by application, 2016 - 2024
5.5.5.3.2 Market estimates & forecast by application, 2016 - 2024
5.6 Asia Pacific
5.6.1 BDO
5.6.1.1 Market estimates & forecast, 2016 - 2024
5.6.1.2 Market estimates & forecast by application, 2016 - 2024
5.6.2 PTMEG
5.6.2.1 Market estimates & forecast, 2016 - 2024
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5.6.2.2 Market estimates & forecast by application, 2016 - 2024
5.6.3 Spandex
5.6.3.1 Market estimates & forecast, 2016 - 2024
5.6.3.2 Market estimates & forecast by application, 2016 - 2024
5.6.4 China
5.6.4.1 BDO
5.6.4.1.1 Market estimates & forecast by application, 2016 - 2024
5.6.4.1.2 Market estimates & forecast by application, 2016 - 2024
5.6.4.2 PTMEG
5.6.4.2.1 Market estimates & forecast by application, 2016 - 2024
5.6.4.2.2 Market estimates & forecast by application, 2016 - 2024
5.6.4.3 Spandex
5.6.4.3.1 Market estimates & forecast by application, 2016 - 2024
5.6.4.3.2 Market estimates & forecast by application, 2016 - 2024
5.6.5 India
5.6.5.1 BDO
5.6.5.1.1 Market estimates & forecast by application, 2016 - 2024
5.6.5.1.2 Market estimates & forecast by application, 2016 - 2024
5.6.5.2 PTMEG
5.6.5.2.1 Market estimates & forecast by application, 2016 - 2024
5.6.5.2.2 Market estimates & forecast by application, 2016 - 2024
5.6.5.3 Spandex
5.6.5.3.1 Market estimates & forecast by application, 2016 - 2024
5.6.5.3.2 Market estimates & forecast by application, 2016 - 2024
5.6.6 Japan
5.6.6.1 BDO
5.6.6.1.1 Market estimates & forecast by application, 2016 - 2024
5.6.6.1.2 Market estimates & forecast by application, 2016 - 2024
5.6.6.2 PTMEG
5.6.6.2.1 Market estimates & forecast by application, 2016 - 2024
5.6.6.2.2 Market estimates & forecast by application, 2016 - 2024
5.6.6.3 Spandex
5.6.6.3.1 Market estimates & forecast by application, 2016 - 2024
5.6.6.3.2 Market estimates & forecast by application, 2016 - 2024
5.7 Central & South America (CSA)
5.7.1 BDO
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5.7.1.1 Market estimates & forecast, 2016 - 2024
5.7.1.2 Market estimates & forecast by application, 2016 - 2024
5.7.2 PTMEG
5.7.2.1 Market estimates & forecast, 2016 - 2024
5.7.2.2 Market estimates & forecast by application, 2016 - 2024
5.7.3 Spandex
5.7.3.1 Market estimates & forecast, 2016 - 2024
5.7.3.2 Market estimates & forecast by application, 2016 - 2024
5.7.4 Brazil
5.7.4.1 BDO
5.7.4.1.1 Market estimates & forecast by application, 2016 - 2024
5.7.4.1.2 Market estimates & forecast by application, 2016 - 2024
5.7.4.2 PTMEG
5.7.4.2.1 Market estimates & forecast by application, 2016 - 2024
5.7.4.2.2 Market estimates & forecast by application, 2016 - 2024
5.7.4.3 Spandex
5.7.4.3.1 Market estimates & forecast by application, 2016 - 2024
5.7.4.3.2 Market estimates & forecast by application, 2016 - 2024
5.8 Middle East & Africa (MEA)
5.8.1 BDO
5.8.1.1 Market estimates & forecast, 2016 - 2024
5.8.1.2 Market estimates & forecast by application, 2016 - 2024
5.8.2 PTMEG
5.8.2.1 Market estimates & forecast, 2016 - 2024
5.8.2.2 Market estimates & forecast by application, 2016 - 2024
5.8.3 Spandex
5.8.3.1 Market estimates & forecast, 2016 - 2024
5.8.3.2 Market estimates & forecast by application, 2016 - 2024
Chapter 6 Competitive Landscape
6.1 BASF
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Mitsui Chemicals
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6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Ashland Inc.
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 BioAmber Inc.
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Genomatica Inc.
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Asahi Kasei Corporation
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.7 DuPont
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.8 Toray Industries Inc.
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 The Dow Chemical Company
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
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6.10 NEO Group
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Lotte Chemical
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Indorama Industries Limited
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.14 Dairen Chemicals
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Initiatives
6.15 Invista
6.15.1 Company Overview
6.15.2 Financial Performance
6.15.3 Product Benchmarking
6.15.4 Strategic Initiatives
6.16 Nan Ya Plastics
6.16.1 Company Overview
6.16.2 Financial Performance
6.16.3 Product Benchmarking
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The global BDO-PTMEG-Spandex market is expected to grow at significant CAGR of over 5.0% between 2016 to 2024.