1,2-Epoxybutane Market, Global Outlook and Forecast 2025-2032

The global market for 1,2-Epoxybutane was valued at USD 54.5 million in 2023 and is projected to reach USD 107 million by 2030, reflecting a robust compound annual growth rate (CAGR) of 10.4% during the forecast period.

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This growth is attributed to the increasing industrial demand for 1,2-Epoxybutane in emerging markets and the expanding applications in industries like pharmaceuticals, chemicals, and materials manufacturing.

The key factors driving the growth of this market include the rising industrialization in developing regions, increasing investments in research and development, and the growing preference for more sustainable and environmentally friendly production processes. The market's historical growth trajectory has shown a consistent upward trend, with increasing adoption of 1,2-Epoxybutane as a critical raw material in high-demand sectors.

Key Statistics:

• Market Value in 2023: USD 54.5 million

• Projected Market Value in 2030: USD 107 million

• CAGR (2023-2030): 10.4%

Market Value in 2023: USD 54.5 million

Projected Market Value in 2030: USD 107 million

CAGR (2023-2030): 10.4%

The 1,2-Epoxybutane market, also known as 1,2-Butylene Oxide (BO), is defined by the global demand and production of 1,2-Epoxybutane, a key chemical intermediate with the chemical formula C4H8O. This compound is primarily utilized in organic synthesis as a reactive intermediate, often used in the production of surfactants, stabilizers, nonionic surfactants, and as a solvent in various industrial applications. The compound is widely recognized for its role in the manufacture of specialty chemicals, including those used in the petrochemical and pharmaceutical industries.

The market for 1,2-Epoxybutane is growing due to its increasing application in the chemical industry and the development of newer, more environmentally friendly production methods. It is also pivotal in the creation of chemicals that require high reactivity for their synthesis, making it an essential raw material for many industrial processes.

Global 1,2-Epoxybutane: Market Segmentation Analysis

This report provides a deep insight into the global 1,2-Epoxybutane, covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trends, niche markets, key drivers, and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader shape the competition within the industries and strategies for the competitive environment to enhance potential profits. Furthermore, it provides a simple framework for evaluating and assessing the position of the business organization. The report structure also focuses on the competitive landscape of the global 1,2-Epoxybutane. This report introduces in detail the market share, market performance, product situation, and operation situation of the main players, helping the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the 1,2-Epoxybutane market in any manner.

Market Dynamics:

Drivers:

The major drivers of the 1,2-Epoxybutane market include:

Rising Industrial Demand: The increasing use of 1,2-Epoxybutane as a chemical intermediate in various sectors, such as agrochemicals, pharmaceuticals, and surfactants, continues to push demand.

Development of Green Production Methods: The move toward more sustainable and environmentally friendly production processes, such as hydrogen peroxide oxidation (HPPO) and hydroisopropylbenzene oxidation (CHP), is boosting the market growth. These methods offer cleaner, greener production routes compared to traditional processes like the chlorohydrin method.

Technological Advancements: Innovations in the production processes and the emergence of advanced catalysts, such as titanium-silicon molecular sieves, are enhancing production efficiency, thereby reducing costs and environmental impact.

Restraints:

Despite its promising growth, the 1,2-Epoxybutane market faces several challenges:

Environmental Impact of Traditional Production Methods: The chlorohydrin method, although widely used, results in significant environmental pollution. This method generates wastewater containing harmful chemicals like CaCl2 and organochlorine, making it increasingly less viable due to stricter environmental regulations.

High Equipment Costs: Advanced production methods, such as the peroxyacetic acid method, require expensive corrosion-resistant equipment and higher operational costs, which can be a barrier to broader adoption.

Raw Material Availability: The fluctuating prices of key raw materials, such as 1-butene and chlorine, can impact the overall cost structure of 1,2-Epoxybutane production, especially for smaller manufacturers.

Opportunities:

The market offers several opportunities for growth:

Emerging Applications: As industries look for new chemical solutions, the adoption of 1,2-Epoxybutane in new applications such as specialty chemicals, pharmaceuticals, and agrochemicals presents significant growth potential.

Asia-Pacific Demand Surge: The rapid industrialization and demand for chemical intermediates in the Asia-Pacific region, particularly in China and India, provide significant growth prospects. The commissioning of Sinopec Yanshan Petrochemical’s 4,000 tons/year CHP method plant is a key indicator of this trend.

Sustainability Trends: With a growing focus on sustainability and eco-friendly chemicals, the market for 1,2-Epoxybutane produced via green methods is expected to experience an upward trajectory.

Challenges:

Some of the major challenges impacting the market include:

Regulatory Challenges: The growing emphasis on environmental sustainability and compliance with stringent regulations, particularly concerning waste disposal, is a challenge for manufacturers using traditional methods.

Market Competition: As the market grows, so does the level of competition. New players and alternative methods of production, such as bio-based chemicals, may threaten the market share of traditional manufacturers.

Economic Fluctuations: Global economic conditions, including raw material price volatility, currency fluctuations, and trade policies, can pose risks to the stability of the market.

Market Segmentation (by Application):

• Chemical Intermediates: The most dominant application, accounting for 62% of the product sale share.

• Stabilizers for Industrial Solvents

• Nonionic Surfactants

• Others

Chemical Intermediates: The most dominant application, accounting for 62% of the product sale share.

Stabilizers for Industrial Solvents

Nonionic Surfactants

Others

Market Segmentation (by Type):

• Chlorohydrin Method

• Epoxidation Method (HPPO, CHP)

Chlorohydrin Method

Epoxidation Method (HPPO, CHP)

Key Company:

• BASF

• Sinopec Yanshan Petrochemical

BASF

Sinopec Yanshan Petrochemical

Geographic Segmentation:

• Asia-Pacific

• North America

• Europe

• Middle East & Africa

Asia-Pacific

North America

Europe

Middle East & Africa

Regional Analysis:

Asia-Pacific:

• The Asia-Pacific region is the fastest-growing market for 1,2-Epoxybutane, accounting for 31% of the global consumption revenue in 2023. The region’s rapid industrial growth, coupled with the increasing demand for chemical intermediates in countries like China, India, and Japan, is a significant driver of market expansion. The commissioning of Sinopec Yanshan Petrochemical’s CHP method plant in China has also reinforced the region’s dominance.

North America:

• North America remains a significant consumer of 1,2-Epoxybutane, driven by strong chemical manufacturing industries in the U.S. and Canada. However, the market growth rate in this region is expected to be slower compared to Asia-Pacific due to more mature market conditions and high production costs.

Europe:

• Europe is expected to see steady demand for 1,2-Epoxybutane, particularly in the automotive, pharmaceutical, and chemical sectors. The region’s stringent environmental regulations are pushing for the adoption of cleaner production technologies, driving market demand for green methods like HPPO.

Middle East and Africa:

• In the Middle East and Africa, the demand for 1,2-Epoxybutane is moderate, with the chemical industries in Saudi Arabia and the UAE showing potential growth. The region is leveraging its rich petrochemical resources to meet demand, particularly in downstream industries.

Competitor Analysis:

The 1,2-Epoxybutane market is currently dominated by a few key players, including:

BASF:

• A global leader in chemical manufacturing, BASF has a substantial share of the 1,2-Epoxybutane market, with significant production capacity and technological expertise.

A global leader in chemical manufacturing, BASF has a substantial share of the 1,2-Epoxybutane market, with significant production capacity and technological expertise.

Sinopec Yanshan Petrochemical:

• Sinopec’s 4,000 tons/year CHP method 1,2-Epoxybutane plant, launched in 2023, marks a significant step in advancing the use of cleaner production methods. Sinopec's strong foothold in the Asia-Pacific market is a testament to its competitive strength.

Sinopec’s 4,000 tons/year CHP method 1,2-Epoxybutane plant, launched in 2023, marks a significant step in advancing the use of cleaner production methods. Sinopec's strong foothold in the Asia-Pacific market is a testament to its competitive strength.

FAQs:

1. What is the current market size of the 1,2-Epoxybutane market?

• As of 2023, the 1,2-Epoxybutane market was valued at USD 54.5 million and is projected to reach USD 107 million by 2030.

2. Which are the key companies operating in the 1,2-Epoxybutane market?

• The key companies include BASF and Sinopec Yanshan Petrochemical, with the latter being the only company to have commercialized the CHP method for production.

3. What are the key growth drivers in the 1,2-Epoxybutane market?

• Key drivers include rising industrial demand, sustainable production methods, and the growing application of 1,2-Epoxybutane in various chemical industries.

4. Which regions dominate the 1,2-Epoxybutane market?

• Asia-Pacific is the dominant region, with 31% of global consumption revenue, driven by industrial growth and the commissioning of Sinopec Yanshan Petrochemical’s CHP method plant.

5. What are the emerging trends in the 1,2-Epoxybutane market?

• Emerging trends include a shift toward environmentally friendly production methods, such as HPPO and CHP, and the rising application of 1,2-Epoxybutane in new industrial sectors.

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Table of content

1 Introduction to Research & Analysis Reports1.1 1,2-Epoxybutane Market Definition1.2 Market Segments1.2.1 Segment by Type1.2.2 Segment by Application1.3 Global 1,2-Epoxybutane Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global 1,2-Epoxybutane Overall Market Size2.1 Global 1,2-Epoxybutane Market Size: 2023 VS 20302.2 Global 1,2-Epoxybutane Market Size, Prospects & Forecasts: 2019-20302.3 Global 1,2-Epoxybutane Sales: 2019-20303 Company Landscape3.1 Top 1,2-Epoxybutane Players in Global Market3.2 Top Global 1,2-Epoxybutane Companies Ranked by Revenue3.3 Global 1,2-Epoxybutane Revenue by Companies3.4 Global 1,2-Epoxybutane Sales by Companies3.5 Global 1,2-Epoxybutane Price by Manufacturer (2019-2024)3.6 Top 3 and Top 5 1,2-Epoxybutane Companies in Global Market, by Revenue in 20233.7 Global Manufacturers 1,2-Epoxybutane Product Type3.8 Tier 1, Tier 2, and Tier 3 1,2-Epoxybutane Players in Global Market3.8.1 List of Global Tier 1 1,2-Epoxybutane Companies3.8.2 List of Global Tier 2 and Tier 3 1,2-Epoxybutane Companies4 Sights by Product4.1 Overview4.1.1 Segment by Type - Global 1,2-Epoxybutane Market Size Markets, 2023 & 20304.1.2 0.9954.1.3 Others4.2 Segment - Global 1,2-Epoxybutane Revenue & Forecasts4.2.1 Segment - Global 1,2-Epoxybutane Revenue, 2019-20244.2.2 Segme

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