Global 1, 4-Butanediol Market Is Expected to Grow at a CAGR of 4.8% from 2014 to 2020: Grand View Research
The global market for 1,4-butanediol (1,4-BDO) is expected to reach USD 6,947.1 million by 2020, according to a new study by Grand View Research, Inc. Growth of footwear industry, mainly in Asia Pacific, is expected to drive the market for 1,4-BDO over the forecast period. In addition, 1,4-BDO is used for manufacturing tetrahydrofuran (THF) which is further used for manufacturing spandex, a raw material for sports apparel. Growing number of global sporting events is expected to augment sport apparel demand,...
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