Bio-butanediol Market Size to Reach $392. 9 Million by 2030 | CAGR: 7 5%: AMR
Published
Sep 16 2021 at 2:10 PM GMT
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- 16, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global bio-butanediol market generated $190.6 million in 2020, and is projected to reach $392.
- 9 million by 2030, witnessing a CAGR of 7 5% from 2021 to 2030.
- The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
- Surge in adoption of lightweight sources in the automotive sector and rapid shift towards eco-friendly products drive the growth of the global bio-butanediol market.
- However, huge competition from fossil-based BDO restrains the market to some extent.
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- Published Sep 16, 2021 2:10 PM GMT