The global 1,4-butanediol market is expected to reach USD 6.95 billion by 2020, according to a new report by Grand View Research, Inc. Rising spandex and tetrahydrofuran demand for sports apparels is anticipated to fuel Butanediol industry over the forecast period. Upcoming sports events such as FIFA World Cup 2018 and Olympics 2016 are anticipated to fuel infrastructure development in Brazil and Russia, which is estimated to drive the product demand over the forecast period. Increasing polyurethane demand from various end-use industries such as footwear, construction, and automotive, particularly in Asia Pacific and Latin America is also expected to have a positive impact on market growth.
http://www.grandviewresearch.com/industry-analysis/1-4-butanediol-market
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