Global Butylene Glycol Market Report and Forecast 2024-2032

Global Butylene Glycol Market Report and Forecast 2024-2032

Global Butylene Glycol Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global butylene glycol market is projected to grow at a CAGR of 4.80% between 2024 and 2032. Aided by its escalating demand in various industries, particularly cosmetics and skin care, the market is expected to grow significantly by 2032.

Butylene glycol, also known as 1,3-butanediol, is an organic alcohol primarily used as a solvent in industrial settings and as a conditioning agent in personal care products. With its dual hydroxyl groups, butylene glycol acts as a versatile intermediate in the production of resins, plasticisers, and other polymers. The substance is recognised for its humectant properties, which helps retain moisture, making it a preferred ingredient in cosmetic and skincare products.

The burgeoning global beauty and personal care industry is the primary catalyst boosting the butylene glycol market demand. With the rising consumer consciousness regarding skincare routines and the widespread adoption of multi-step skin regimens, there is a heightened requirement for products with moisture retention capacities. Butylene glycol, with its ability to ensure that cosmetic formulations do not dry out, fits perfectly into this burgeoning trend.

Additionally, the upsurge in the demand for hair care products, particularly conditioners and serums, contributes to the butylene glycol market growth. Its capability to lend a smooth and pleasant texture to formulations while enhancing the spreadability of creams and lotions augments its desirability among product formulators.

Outside the realm of personal care, butylene glycol finds application in the industrial sector as a critical ingredient in the production of certain types of plastics and resins. As per the butylene glycol market analysis, its role in producing high-quality, flexible plastic materials cannot be understated, especially in applications requiring softer, pliable materials.

Additionally, the upsurge in the demand for hair care products, particularly conditioners and serums, contributes to the butylene glycol market's growth trajectory. Its capability to lend a smooth and pleasant texture to formulations while enhancing the spreadability of creams and lotions augments its desirability among product formulators.

The cosmetics industry's continual search for safer, non-irritating ingredients further boosts the value of the butylene glycol market size. Amidst growing concerns about the safety of certain chemical compounds in cosmetics, butylene glycol's non-toxic nature and minimal irritation potential make it a favourite among formulators.

Market Segmentation

The market can be divided based on type, function, application, and region.

Market Breakup by Type

• Fermentation
• Chemical Synthesis

Market Breakup by Function

• Humectant
• Emollient
• Stabiliser
• Intermediate
• Solvents
• Others

Market Breakup by Application

• Cosmetics and Personal Care
• Polymer
• Paint and Coating
• Food Additive
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global butylene glycol market. Some of the major players explored in the report by Expert Market Research are as follows:

• Daicel Corporation
• KH Neochem Co., Ltd.
• OXEA GmbH
• Godavari Biorefineries Ltd.
• A.B. Enterprises
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.