Mexico 1,4 Butanediol Market Outlook

mexico 1,4 butanediol (bdo) market is expected to experience significant growth in the near future, driven by an increase in demand for products such as polybutylene terephthalate (pbt), adipic acid, gamma-butyrolactone (gbl) and tetrahydrofuran (thf). the primary end-use markets for bdo in mexico are plastics, lubricant additives, automotive, and pharmaceuticals. plant-based resin is gaining popularity with manufacturers, which in turn is driving the demand for bdo, as its polymerization process helps in the manufacture of plastics. additionally, lubricant additives such as ethylene glycol, vinyl acetate, butyraldehyde, and imidazoline are also manufactured with the help of bdo. as automobile production is set to increase in mexico over the next few years, the demand for corresponding lubrication additives is likely to remain buoyant. the pharmaceutical industry is also an important consumer of bdo in mexico and is expected to bolster the overall demand for bdo. bdo is used for several medical purposes, such as a humectant in ointments and toothpastes, as an excipient, and in certain forms of pharmaceutical packaging. additionally, tetrahydrofuran (thf) is used in the manufacture of drugs and other active pharmaceutical ingredients. environmental regulations implemented by the mexican government are also likely to fuel the demand for bdo. strict regulations on the manufacture and use of plastics and their impact on the environment is expected to drive the demand for polymers and bio-based resins such as bdo. furthermore, the government is encouraging companies to use bdo and other green chemicals to curb the effects of global warming. in conclusion, mexico is expected to experience a significant increase in demand for bdo from 2018 to 2032, driven by the expanding end use industries such as plastics, automotive, and pharmaceuticals. moreover, environmental regulations aimed at curbing the effects of global warming are expected to trigger the demand for bdo in mexico.