Global 1,3-butylene Glycol Market Growth 2023-2029
1,3-butylene Glycol (CAS 107-88-0), (also known as 1,3-Butanediol, butane-1,3-diol, or 1,3-dihydroxybutane) is a diol used as a chemical intermediate in the manufacture of polyester plasticizers and other products. It finds some use as a solvent for flavorings and as a humectant in pet foods, tobacco and cosmetics. It is one of four stable structural isomers of butanediol. In biology, 1,3-butanediol is used as a hypoglycaemic agent. 1,3-Butanediol can be converted into β-hydroxybutyrate and serve as a substrate for brain metabolism.
LPI (LP Information)' newest research report, the “1,3-butylene Glycol Industry Forecast” looks at past sales and reviews total world 1,3-butylene Glycol sales in 2022, providing a comprehensive analysis by region and market sector of projected 1,3-butylene Glycol sales for 2023 through 2029. With 1,3-butylene Glycol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 1,3-butylene Glycol industry.
This Insight Report provides a comprehensive analysis of the global 1,3-butylene Glycol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 1,3-butylene Glycol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 1,3-butylene Glycol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 1,3-butylene Glycol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 1,3-butylene Glycol.
The global 1,3-butylene Glycol market size is projected to grow from US$ 158 million in 2022 to US$ 226.6 million in 2029; it is expected to grow at a CAGR of 226.6 from 2023 to 2029.
The key players of 1,3-butylene Glycol include OXEA, DAICE, etc. The top two players of 1,3-butylene Glycol account for approximately 75% of the total market. Asia-Pacific is the largest market of Lamination Adhesives for 1,3-butylene Glycol accounting for about 63%, followed by Europe and North America.In terms of Type, Chemical Synthesis is the largest segment, with a share about 90%. In terms of Apllication, the largest segment is Cosmetic, followed by Industrial.
This report presents a comprehensive overview, market shares, and growth opportunities of 1,3-butylene Glycol market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Chemical Synthesis
Fermentation
Segmentation by application
Cosmetic
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
OXEA
DAICEL
KH Neochem
Genomatica
Key Questions Addressed in this Report
What is the 10-year outlook for the global 1,3-butylene Glycol market?
What factors are driving 1,3-butylene Glycol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 1,3-butylene Glycol market opportunities vary by end market size?
How does 1,3-butylene Glycol break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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