The increase of global sports events will stimulate the demand for sportswear, and the growth of these demands will be reflected in the BDO market. But in the next six years, BDO manufacturers will also face challenges, mainly due to unstable raw material prices and strict environmental regulations, especially in North America and Europe. In order to overcome these challenges, BDO manufacturers are working hard to develop bio-based BDO products, which not only have good environmental protection effect, but also have cost advantages. At present, some companies trying to develop bio-based BDO technology include BASF, Plaque, DSM, Mitsubishi, Miriam and Ginomatica.
THF is the largest downstream of BDO, accounting for 465,438+0.6% of domestic BDO consumption in 2065,438+03. In the field of polyurethane, it will become the fastest growing downstream of BDO, which depends on the increasing demand for clothing and footwear in China, India and Brazil. It is predicted that from 2065,438+04 to 2065,438+06, the domestic BDO production capacity will increase at a compound annual rate.
In 20 13, the global BDO output was 2.705 million tons, and it is expected to reach 4.439 million tons in 20 16, with a compound annual growth rate of 18%.
Asia-Pacific region dominates the global BDO market, accounting for 57.8% of the global market share in 20 13 years. The Asia-Pacific region is not only the largest market, but also the most developed region. With the increase of disposable income in China, India and Indonesia, the demand for clothing and shoe materials in these countries will increase rapidly, thus stimulating the BDO market.
Globally, the main BDO manufacturers are BASF, Dalian Chemical, leander, ISP and Ke Mei, Xinjiang, which accounted for 50% of the total market in 20 13. Mitsubishi Chemical and Biotechnology Co., Ltd. cooperated to develop bio-based BDO to achieve sustainable development.
At present, the market of petroleum-based 2,3-BDO is small and has little potential. 2,3-BDO is mostly used as laboratory materials, and a small amount is sold downstream. However, 2,3-BDO also produced from bio-based materials has a very broad prospect.
The bio-based 2,3-BDO market is very profitable, and some companies have planned to realize the commercial production of 2,3-BDO in the next 2-3 years.