1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Procurement Intelligence Report 2025-2030

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Supply-Demand Overview

The rising popularity of athleisure wear and performance fabrics, along with advancements in polyurethane elastomers, is fueling spandex consumption. Asia-Pacific dominates the market due to robust industrial growth, textile manufacturing hubs, and expanding automotive production. Additionally, a shift towards sustainable production processes and bio-based raw materials is emerging as a critical trend, reshaping the market landscape.

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Cost Structure

The cost modeling of the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex procurement report is primarily driven by raw material expenses, which account for approximately half of the total costs. To produce BDO, key feedstocks include acetylene, formaldehyde, and bio-based alternatives. PTMEG production heavily relies on BDO and specific catalysts, while spandex manufacturing requires PTMEG and diisocyanates (MDI/TDI), contributing significantly to overall raw material costs.

As per the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex procurement report, manufacturing costs form three-fourth of the total structure, encompassing energy consumption, labour, and equipment maintenance. Spandex production, in particular, involves energy-intensive processes like extrusion and spinning, further influencing cost modeling. Logistics and distribution costs, accounting for 5%-10%, include transportation of raw materials and finished products, with regional supply chain efficiencies affecting cost variations.

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Pricing Trends

The pricing trends for 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex indicate a consistent rise, driven by increasing demand and raw material cost fluctuations. BDO prices have been on an upward trajectory due to growing downstream applications and supply constraints influenced by energy price volatility and geopolitical factors. Similarly, PTMEG prices have risen moderately, reflecting higher BDO costs and increased demand from the textile and industrial sectors. As per the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex procurement report, spandex prices have also surged, fuelled by the expanding popularity of athleisure and performance fabrics, particularly in Asia-Pacific, alongside rising PTMEG and diisocyanate costs. Regional supply chain disruptions and a shift toward sustainable production methods have further contributed to price increases across the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex procurement market report.

1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Procurement Best Practices

The pricing models for 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG), and Spandex indicate a consistent rise, driven by increasing demand and raw material cost fluctuations. BDO prices have been on an upward trajectory due to growing downstream applications and supply constraints influenced by energy price volatility and geopolitical factors. Similarly, PTMEG prices have risen moderately, reflecting higher BDO costs and increased demand from the textile and industrial sectors. Regional supply chain disruptions and a shift toward sustainable production methods have further contributed to price increases across the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex procurement report.

Key Players in the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Industry

Recent Developments in the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex Procurement report

• As per procurement research, in May 2024, Dairen Chemical Corporation (DCC) signed a letter of intent with The LYCRA Company and Qore® to convert QIRA®-a next-generation 1,4-butanediol-into low-impact PTMEG, a key component in bio-derived LYCRA® fibre. DCC will be the first company to mass-produce this low-impact bio-PTMEG. The collaboration aims to create LYCRA® fibre with 70% renewable content, produced through a low-impact allyl alcohol process with a significantly lower carbon footprint. This development aligns with the partners’ shared commitment to sustainability and eco-friendly production practices, with the bio-derived LYCRA® fibre set to launch in early 2025. The new fibre is expected to reduce the carbon footprint by up to 44% compared to traditional LYCRA®, offering equivalent performance for mills, brands, and retailers.
• As per the 1,4-Butanediol (BDO), Polytetramethylene Ether Glycol (PTMEG) and Spandex procurement report, in March 2024, Hyosung TNC received investment approval from the Ba Ria-Vung Tau Provincial Government for its USD 1 billion "Hyosung BDO Project." The company plans to establish a Bio-BDO production facility in Vietnam with an initial capacity of 50,000 tons annually, with future expansion to 200,000 tons. The plant will utilize sugarcane-derived raw materials, replacing fossil-based inputs, and is set to create the world’s first fully integrated production system for bio-spandex. This investment aligns with Hyosung’s commitment to sustainable business practices and its long-term goal of becoming a leader in bio-based materials for textiles, engineering plastics, and biodegradable products.