From BDO to Spandex: Mapping the Chemical Value Chain Driving Elastic Fiber Production
The global 1,4-butanediol (BDO), polytetramethylene ether glycol (PTMEG), and spandex market, valued at USD 21.5 million in 2021, is advancing at a CAGR of 8.2%, with national policy impact and strategic positioning of key countries defining the competitive hierarchy. The United States, China, and South Korea are the dominant forces, each leveraging distinct advantages in feedstock access,...
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