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Report Highlights
According to a research survey conducted by ChemView Consulting, 1-3 Butylene Glycol Market is estimated to be worth US$ 180.89 Mn in 2023. The market is expected to grow at a CAGR of 5.90% between 2023 and 2033 to hit US$ 320.91 Mn by 2033 end.
Key Market Trends
Transforming the Textile Industry: Butylene Glycol’s Sustainable Future
As concerns about sustainability and environmental impact continue to grow, the textile industry is turning to new technologies to create more eco-friendly products. Butylene glycol is emerging as a key player in this shift, as it can be used to produce sustainable textiles that are more durable, comfortable, and environmentally friendly than traditional fabrics. With the demand for sustainable fashion on the rise, the butylene glycol market is poised for significant growth as more companies adopt this innovative approach to textile production.
Smooth Sailing Ahead: Butylene Glycol Market Surges as Cosmetic Industry Embraces Natural Ingredients
With the growing trend of natural and organic products in the cosmetic industry, the demand for Butylene Glycol, a common ingredient in skincare and personal care products, has skyrocketed. Its ability to hydrate and condition the skin without causing irritation or clogging pores makes it a preferred choice among consumers. As a result, the Butylene Glycol market is projected to grow exponentially in the coming years.
Market Drivers
Innovative Applications of Butylene Glycol: Paving the Way for Sustainable Solutions in the Chemical Industry
Butylene Glycol is not just limited to the cosmetic industry. It is also widely used as a solvent and chemical intermediate in the production of various products, including plastics, textiles, and pharmaceuticals. With a growing emphasis on sustainability, researchers are exploring innovative ways to use Butylene Glycol as a substitute for petroleum-based chemicals. Its low toxicity, biodegradability, and renewability make it an attractive alternative for a wide range of applications, paving the way for a greener future in the chemical industry.
Rising Demand for Personal Care Products to Drive 1, 3 Butylene Glycol Market Growth
The global 1, 3 butylene glycol market is expected to witness significant growth in the coming years due to the increasing demand for personal care products. 1, 3 butylene glycol is widely used in the production of various personal care products such as lotions, creams, and shampoos, owing to its moisturizing and conditioning properties. The growing consumer awareness about personal grooming and hygiene is fueling the demand for these products, which, in turn, is driving the market for 1, 3 butylene glycol.
Furthermore, the trend of natural and organic personal care products is also expected to contribute to the growth of the 1, 3 butylene glycol market. Natural and organic products are gaining popularity among consumers due to their perceived health benefits and eco-friendliness. As 1, 3 butylene glycol is derived from renewable resources and is biodegradable, it is becoming an increasingly preferred ingredient in natural and organic personal care products.
Segmentation Insights
After conducting a thorough analysis of the 1, 3 Butylene Glycol Market, we have identified the top three trending segments in the industry. These segments are witnessing high demand, strong market growth, and extensive adoption.
Most Popular (Fastest Growth Rate)
Synthetic 1, 3 Butylene Glycol – Cosmetics Industry
Synthetic 1, 3 Butylene Glycol has emerged as the most popular choice in the market for the Cosmetics Industry. This is due to its superior performance as a humectant, emollient, and stabilizer in cosmetic formulations. The high-quality and cost-effective nature of synthetic 1, 3 Butylene Glycol make it the preferred choice for consumers seeking efficient and long-lasting solutions in the cosmetics industry.
Most Selling (Largest Market Share)
Natural 1, 3 Butylene Glycol – Food Industry
Natural 1, 3 Butylene Glycol is the most selling product in the 1, 3 Butylene Glycol Market for the Food Industry. This is due to its natural sourcing and safe formulation, making it ideal for use in food and beverage applications such as sweeteners, flavor enhancers, and preservatives. The high-quality and natural properties of natural 1, 3 Butylene Glycol make it the go-to choice for consumers seeking reliable and safe solutions in the food industry.
Trending (Gaining Traction)
Synthetic 1, 3 Butylene Glycol – Polymer Industry
Synthetic 1, 3 Butylene Glycol is gaining significant traction in the 1, 3 Butylene Glycol Market for the Polymer Industry. This is due to its role as an intermediate in the production of polymers, resins, and plasticizers. The high purity and consistency of synthetic 1, 3 Butylene Glycol make it the trending choice for consumers seeking high-quality and efficient solutions in the polymer industry.
Regional Insights
Growing Demand for Personal Care Products to Boost the Asia Pacific 1, 3 Butylene Glycol Market
The Asia Pacific 1, 3 Butylene Glycol market is expected to experience a significant growth in the coming years, driven by the rising demand for personal care products. The ingredient is commonly used as a humectant in various personal care products such as creams, lotions, and cosmetics to help retain moisture and improve skin hydration. With the growing trend towards self-care and wellness, consumers are increasingly seeking products that provide multiple benefits such as anti-aging, sun protection, and hydration, further driving the demand for 1,3 Butylene Glycol.
Growing Popularity of Organic and Natural Personal Care Products to Drive the North America 1, 3 Butylene Glycol Market
With an increasing awareness of the harmful effects of synthetic ingredients on the skin and the environment, there has been a growing demand for organic and natural personal care products in North America. As a result, many personal care product manufacturers are shifting towards the use of natural and organic ingredients, including 1, 3 Butylene Glycol, which is derived from renewable sources such as corn and sugar cane. The growing popularity of natural and organic personal care products is expected to drive the demand for 1, 3 Butylene Glycol in North America.
Report Includes
Market Size Data
Market Background
Pricing Analysis
Value Chain Analysis
Competition Analysis
Research Scope/Taxonomy
Market Analysis by Synthesis:
Market Analysis by Function:
Market Analysis by End use:
Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific
Key Companies Profiled
Why Choose CVC Market Research?;
1. Executive Summary
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definitions
3. Research Methodology
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4. Key Emerging Trends Analysis
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5. Global 1-3 Butylene Glycol MarketValue (US$ Mn) and Volume (Tons) Analysis
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6. Global 1-3 Butylene Glycol MarketPricing Analysis
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7. Cross-Sectional Analysis
7.1. Cross Analysis of Function W.R.T. Product Type
8. Supply Vs. Demand Analysis
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9. Market Background
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10. Global 1-3 Butylene Glycol Market2017 – 2032 By Synthesis
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Synthesis [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. Natural
10.3.2. Synthetic
10.4. Market Attractiveness Analysis by Synthesis
11. Global 1-3 Butylene Glycol Market2017 – 2032 by Function
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Function [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Humectant
11.2.2. Emollient
11.2.3. Stabilizer
11.2.4. intermediate
11.2.5. Solvents
11.3. Market Attractiveness Analysis by Function
12. Global 1-3 Butylene Glycol Market2017 – 2032 by End-Use
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End-Use [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Cosmetics
12.2.2. Polymer
12.2.3. Paint & coating
12.2.4. Food
12.2.5. Others
12.3. Market Attractiveness Analysis by End-Use
13. Global 1-3 Butylene Glycol MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
13.1. Introduction
13.2. Key Market Trends
13.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
13.3.1. North America
13.3.2. Latin America
13.3.3. Europe
13.3.4. Asia-Pacific
13.3.5. Middle East
13.3.6. Africa
13.4. Market Attractiveness Analysis by Region
14. North America 1-3 Butylene Glycol MarketHistorical Analysis 2017 – 2021 and Forecast 2022-2033
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. By Country
14.3.1.1. U.S.
14.3.1.2. Canada
14.3.2. By Synthesis
14.3.3. By Function
14.3.4. By End-Use
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Synthesis
14.4.3. By Function
14.4.4. By End-Use
15. Latin America 1-3 Butylene Glycol MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. Brazil
15.3.1.2. Mexico
15.3.1.3. Rest of Latin America
15.3.2. By Synthesis
15.3.3. By Function
15.3.4. By End-Use
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Synthesis
15.4.3. By Function
15.4.4. By End-Use
16. Europe 1-3 Butylene Glycol MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Germany
16.3.1.2. Italy
16.3.1.3. France
16.3.1.4. UK
16.3.1.5. Spain
16.3.1.6. Netherlands
16.3.1.7. Norway
16.3.1.8. Russia
16.3.1.9. Rest of Europe
16.3.2. By Synthesis
16.3.3. By Function
16.3.4. By End-Use
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Synthesis
16.4.3. By Function
16.4.4. By End-Use
17. Asia-Pacific 1-3 Butylene Glycol MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. China
17.3.1.2. Japan
17.3.1.3. South Korea
17.3.1.4. India
17.3.1.5. Indonesia
17.3.1.6. Thailand
17.3.1.7. Vietnam
17.3.1.8. Australia & New Zealand
17.3.1.9. Rest of Asia-Pacific
17.3.2. By Synthesis
17.3.3. By Function
17.3.4. By End-Use
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Synthesis
17.4.3. By Function
17.4.4. By End-Use
18. Middle East 1-3 Butylene Glycol MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
18.1. Introduction
18.2. Key Market Trends
18.3. Pricing Analysis
18.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.4.1. By Country
18.4.1.1. Saudi Arabia
18.4.1.2. Turkey
18.4.1.3. U.A.E.
18.4.1.4. Rest of the Middle East
18.4.2. By Synthesis
18.4.3. By Function
18.4.4. By End-Use
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Synthesis
18.5.3. By Function
18.5.4. By End-Use
19. Africa 1-3 Butylene Glycol MarketHistorical Analysis 2017 – 2021 and Forecast 2017 – 2032
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. South Africa
19.4.1.2. Nigeria
19.4.1.3. Egypt
19.4.1.4. Rest of Africa
19.4.2. By Synthesis
19.4.3. By Function
19.4.4. By End-Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Synthesis
19.5.3. By Function
19.5.4. By End-Use
20. Competition Analysis
20.1. Tier Structure Breakdown
20.2. Market Share Analysis
20.3. Production Capacity Analysis
20.4. Company Footprint Analysis
20.4.1. Product Footprint of Players
20.4.2. Regional Footprint of Players
20.4.3. Channel Footprint of Players
20.5. Brand Preference Analysis
20.6. Competition Dashboard
21. Company Profiles
21.1. Daicel Corporation
21.1.1. Company Overview
21.1.2. Product & Financial Portfolio
21.1.3. Manufacturing Facilities
21.1.4. Recent Developments
21.1.5. SWOT Analysis
21.1.6. Strategy Overview
21.2. Godavari Biorefineries Ltd.
21.3. Shanghai Jinjin Industry Co., Ltd.
21.4. Penta Manufacturing Company
21.5. OXEA GmbH
21.6. MMP Inc.
21.7. Whyte Chemicals Limited
21.8. Rita Corporation
22. Assumptions and Acronyms
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