Sweden 1,4 Butanediol Market Outlook

the sweden 1,4 butanediol market can be expected to experience a positive growth outlook for the period 2018 to 2032. this outlook is primarily driven by the wide range of uses for 1,4-butanediol, as well as the availability of this compound and its derivatives across multiple industries. in sweden, 1,4 butanediol is widely used in a range of industries, ranging from food processing and environmental industries to vehicles, automotive, and in making propylene glycol, a compound found in polyurethane foams, oil-based fuel, and paint & coatings. as such, sweden is expected to witness strong demand for 1,4 butanediol due to the presence of multiple industries that make use of this compound. moreover, the availability of 1,4 butanediol in sweden is underpinned by its own domestic production, as well as various imports from other countries. for instance, most of the imports come from germany, and some from china, with suppliers being mostly state-owned. this allows companies in sweden to access quality 1,4 butanediol at competitive prices. furthermore, the increasing demand for biodegradable plastics across industries in sweden is expected to bolster the overall demand for 1,4 butanediol in the coming years, as it is one of the key chemical compounds used in the production of bioplastics. this will furthermore allow companies to increase their presence in the bioplastics market, which remains somewhat underdeveloped in sweden currently. moreover, the presence of a well-established chemical industry in sweden also contributes to the positive outlook for the 1,4 butanediol market, as these companies have the resources and infrastructure in place to gain access to the necessary materials for the production of 1,4 butanediol. in conclusion, the outlook for the sweden 1,4 butanediol market in the period 2018 to 2032 is expected to remain positive, driven by the presence of multiple industries requiring this compound, as well as robust domestic production and import of this compound from abroad. given the current level of demand and projected outlook for the 1,4 butanediol market, sweden is expected to continue to remain an attractive market for relevant chemical companies in the near future.