1,3-butylene Glycol (CAS 107-88-0) Market Share Evolution and Market Growth Trends 2024 - 2031

1,3-butylene Glycol (CAS 107-88-0) Introduction

The Global Market Overview of "1,3-butylene Glycol (CAS 107-88-0) Market" offers a unique insight into key market trends shaping the industry world-wide and in the largest markets. Written by some of our most experienced analysts, the Global Industrial Reports are designed to provide key industry performance trends, demand drivers, trade, leading companies and future trends. The 1,3-butylene Glycol (CAS 107-88-0) market is expected to grow annually by 14.4% (CAGR 2024 - 2031).

1,3-Butylene Glycol (CAS 107-88-0) is a clear, colorless liquid commonly used as a solvent and moisturizer in a variety of personal care and cosmetic products. Its primary purpose is to enhance the texture and feel of formulations while also acting as a humectant to attract and retain moisture in the skin.

The advantages of 1,3-Butylene Glycol (CAS 107-88-0) include its ability to improve the stability of products, prevent crystallization, and increase the solubility of other ingredients. It is also non-toxic, non-irritating, and non-sensitizing, making it suitable for use in a wide range of skincare and haircare products.

The growing demand for skincare and haircare products, as well as the increasing focus on natural and organic ingredients, is expected to drive the growth of the 1,3-Butylene Glycol (CAS 107-88-0) market in the coming years. Additionally, its versatility and compatibility with a variety of ingredients make it a popular choice among formulators in the personal care industry.

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Market Trends in the 1,3-butylene Glycol (CAS 107-88-0) Market

- Increased demand for natural and eco-friendly ingredients in personal care products is driving the growth of 1,3-butylene Glycol market.

- Rising focus on sustainability and green chemistry is leading to the development of bio-based alternatives for 1,3-butylene Glycol.

- Technological advancements in production processes are improving the efficiency and quality of 1,3-butylene Glycol, further boosting its market growth.

- Consumer preference for multi-functional ingredients with moisturizing and emollient properties is driving the demand for 1,3-butylene Glycol in skincare and haircare products.

- Growing awareness about the benefits of 1,3-butylene Glycol in pharmaceuticals and food industries is expanding its application scope, contributing to market growth.

Market Segmentation

The 1,3-butylene Glycol (CAS 107-88-0) Market Analysis by types is segmented into:

• Chemical Synthesis
• Fermentation

1,3-butylene glycol (CAS 107-88-0) is available in two types: chemical synthesis and fermentation. Chemical synthesis involves the reaction of acetaldehyde with ethylene glycol, while fermentation is derived from bio-based sources such as sugar or starch. These types cater to different market needs, with chemical synthesis providing a higher purity product, while fermentation offers a more sustainable and environmentally friendly option. The availability of these two types helps in boosting the demand of 1,3-butylene glycol in various industries such as cosmetics, pharmaceuticals, and food.

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The 1,3-butylene Glycol (CAS 107-88-0) Market Industry Research by Application is segmented into:

• Cosmetic
• Industrial

1,3-Butylene Glycol (CAS 107-88-0) is commonly used in cosmetics as a humectant and solvent, helping to maintain moisture in products such as lotions, creams, and makeup. In the industrial sector, it is used as a raw material in the production of polyester resins, plasticizers, and polyurethanes. The fastest growing application segment in terms of revenue is the cosmetic industry, driven by increasing consumer demand for natural and sustainable skincare products. This growth is attributed to the properties of 1,3-Butylene Glycol, which can enhance the texture, shelf-life, and efficacy of cosmetic formulations.

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Geographical Spread and Market Dynamics of the 1,3-butylene Glycol (CAS 107-88-0) Market

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The 1,3-Butylene Glycol market in North America is driven by the increasing demand for personal care and cosmetics products. In Europe, the market is mainly influenced by the growing pharmaceutical and food industries. The Asia-Pacific region, especially China and Japan, is witnessing significant market growth due to the rising population and increasing disposable income. Latin America is also a key market for 1,3-Butylene Glycol, with countries like Brazil and Mexico showing promising growth opportunities. The Middle East and Africa region is expected to experience steady growth in the coming years. Key players in the market include OXEA, DAICEL, and KH Neochem, with factors such as product innovation, strategic partnerships, and expanding production capacities driving their growth.

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1,3-butylene Glycol (CAS 107-88-0) Market Growth Prospects and Market Forecast

The expected CAGR for the 1,3-butylene Glycol (CAS 107-88-0) Market during the forecasted period is projected to be around 5-6%. This growth can be attributed to the increasing demand for personal care products, pharmaceuticals, and industrial applications. Innovative growth drivers such as the rising trend towards natural and organic products, as well as the increasing awareness about sustainable and eco-friendly ingredients, are expected to boost the market growth.

To increase the growth prospects of the 1,3-butylene Glycol Market, deployment strategies such as expanding product portfolios to cater to the growing demand for multi-functional ingredients, investing in research and development for product innovation and differentiation, and forming strategic partnerships with key players in the industry can be adopted. Trends such as the increasing use of 1,3-butylene Glycol in the food and beverage industry for its anti-freezing and preserving properties, as well as its potential applications in the electronic industry, can further drive the market growth. Embracing these trends and deploying innovative strategies will help in accelerating the growth of the 1,3-butylene Glycol Market in the forecasted period.

1,3-butylene Glycol (CAS 107-88-0) Market: Competitive Intelligence

• OXEA
• DAICEL
• KH Neochem

1. OXEA: OXEA is a leading global producer of 1,3-butylene glycol with a strong presence in the market. The company has a history of delivering high-quality products to its customers and has been focusing on innovative market strategies to maintain its competitive edge. OXEA has also shown steady market growth prospects due to its strong customer base and expanding product portfolio.

2. DAICEL: DAICEL is another key player in the 1,3-butylene glycol market, known for its commitment to quality and innovation. The company has a solid track record of delivering reliable products to its customers and has been implementing effective market strategies to stay ahead of the competition. With a focus on market expansion and product development, DAICEL is well-positioned for future growth in the industry.

3. KH Neochem: KH Neochem is a prominent player in the 1,3-butylene glycol market, known for its cutting-edge technology and high-quality products. The company has a history of steady market growth and has been actively pursuing innovative market strategies to capitalize on emerging opportunities. With a strong market presence and a diverse product portfolio, KH Neochem is expected to see continued growth in the industry.

- OXEA sales revenue: $ billion

- DAICEL sales revenue: $800 million

- KH Neochem sales revenue: $600 million

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