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1,3-Butylene Glycol Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application, Product Type

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    Report

  • 81 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 5923018
Description Jump to:
1,3-Butylene Glycol is an organic compound derived from butylene that is widely used as a solvent, humectant, and emulsifier in various industries. It is a clear, colorless liquid with a slightly sweet taste. Its diverse properties make it a valuable ingredient in personal care products, pharmaceuticals, food and beverages, and industrial applications. The increasing demand for advanced chemical solutions and sustainable products has driven the growth of the 1,3-Butylene Glycol market.

Market Size

The global 1,3-Butylene Glycol market was valued at approximately USD 700 million in 2023 and is expected to grow at a CAGR of 5.5% from 2024 to 2029. This growth can be attributed to the escalating demand from the cosmetics and personal care sectors as well as the rising adoption of biodegradable solvents in various applications.

Share & Trends Analysis Report

By Product Type

The 1,3-Butylene Glycol market can be segmented by product type into two major categories: Natural and Synthetic. The synthetic segment dominates, holding about 80% of the market share due to its cost-effectiveness and widespread use in industrial applications.

By Key Players

Key players in the 1,3-Butylene Glycol market include:
  • SGS SA
  • Dow Chemical Company
  • Penta Manufacturing Company
  • Yantai Dasteck Chemicals Co., Ltd.
  • Jiangshan Chemical Co., Ltd.
These companies are increasingly investing in research and development to innovate and expand their product lines, responding to consumer demand for eco-friendly and sustainable products.

By Process

The preferred processes for the production of 1,3-Butylene Glycol include:
  • Catalytic Hydroformylation
  • Hydrogenation of Succinic Acid
  • Direct hydrolysis
Hydrogenation of succinic acid is gaining popularity due to its sustainability and lower environmental impact.

By Application

1,3-Butylene Glycol is utilized extensively in various applications, including:
  • Cosmetics and Personal Care
  • Food and Beverages
  • Pharmaceuticals
  • Industrial Applications
The cosmetics and personal care segment led the market in 2023, accounting for over 50% of the total consumption, as manufacturers focus on delivering products with enhanced moisture retention and longevity qualities.

By End-Use

The end-use industries for 1,3-Butylene Glycol include:
  • Cosmetic and Personal Care Products
  • Food Processing
  • Pharmaceuticals
  • Industrial Manufacturing
Of these, the pharmaceutical industry is experiencing significant growth due to increased investments in healthcare and a rising aging population.

By Region

The 1,3-Butylene Glycol market is analyzed across several key regions:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
Asia-Pacific is the largest market, holding over 40% of the global share in 2023, driven by high demand from developing countries such as China and India for chemical manufacturing and personal care products.

Market News on Policy and Companies

Recent policies promoting sustainability and environmental regulations are influencing the 1,3-Butylene Glycol market. For instance, the European Union's Green Deal aims to make Europe climate-neutral by 2050, thereby increasing the demand for sustainable chemical formulations. Additionally, many manufacturers are implementing green initiatives to reduce their carbon footprint.

Companies are also forming strategic partnerships and collaborations to optimize production processes, enhance product offerings, and penetrate emerging markets. For example, in 2023, Dow Chemical Company announced a collaboration with a biotech firm to develop bio-based alternatives to 1,3-Butylene Glycol to cater to the growing demand for eco-friendly ingredients.

Segment Forecasts, 2024-2029

Looking ahead, the 1,3-Butylene Glycol market is expected to witness various evolving trends from 2024 to 2029:
  • Innovation in Product Development: Custom formulations based on consumer preferences will lead to new products that combine 1,3-Butylene Glycol with other natural ingredients.
  • Focus on Sustainability: The shift towards bio-based products will reshape manufacturing processes, leading to increased competition among producers.
  • Rising Health Consciousness: Increased awareness about harmful chemicals in personal care products will drive growth of natural and organic formulations in the cosmetics industry.
Based on these trends, the global 1,3-Butylene Glycol market is projected to reach approximately USD 1.1 billion by 2029, indicating a strong growth trajectory amidst evolving consumer preferences and regulatory landscapes.

Conclusion

The 1,3-Butylene Glycol market is poised for substantial growth in the coming years, driven by its broad application scope, rising demand for sustainable products, and ongoing innovation within the industry. Stakeholders must remain vigilant in tracking market trends and adapting to evolving regulatory frameworks to capitalize on the opportunities within this dynamic landscape.


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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 1,3-Butylene Glycol Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of 1,3-Butylene Glycol by Region
8.2 Import of 1,3-Butylene Glycol by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast 1,3-Butylene Glycol Market in North America (2019-2029)
9.1 1,3-Butylene Glycol Market Size
9.2 1,3-Butylene Glycol Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast 1,3-Butylene Glycol Market in South America (2019-2029)
10.1 1,3-Butylene Glycol Market Size
10.2 1,3-Butylene Glycol Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast 1,3-Butylene Glycol Market in Asia & Pacific (2019-2029)
11.1 1,3-Butylene Glycol Market Size
11.2 1,3-Butylene Glycol Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast 1,3-Butylene Glycol Market in Europe (2019-2029)
12.1 1,3-Butylene Glycol Market Size
12.2 1,3-Butylene Glycol Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast 1,3-Butylene Glycol Market in MEA (2019-2029)
13.1 1,3-Butylene Glycol Market Size
13.2 1,3-Butylene Glycol Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global 1,3-Butylene Glycol Market (2019-2024)
14.1 1,3-Butylene Glycol Market Size
14.2 1,3-Butylene Glycol Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global 1,3-Butylene Glycol Market Forecast (2024-2029)
15.1 1,3-Butylene Glycol Market Size Forecast
15.2 1,3-Butylene Glycol Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 OQ Chemicals
16.1.1 Company Profile
16.1.2 Main Business and 1,3-Butylene Glycol Information
16.1.3 SWOT Analysis of OQ Chemicals
16.1.4 OQ Chemicals 1,3-Butylene Glycol Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Daicel
16.2.1 Company Profile
16.2.2 Main Business and 1,3-Butylene Glycol Information
16.2.3 SWOT Analysis of Daicel
16.2.4 Daicel 1,3-Butylene Glycol Sales, Revenue, Price and Gross Margin (2019-2024)
16.3 KH Neochem
16.3.1 Company Profile
16.3.2 Main Business and 1,3-Butylene Glycol Information
16.3.3 SWOT Analysis of KH Neochem
16.3.4 KH Neochem 1,3-Butylene Glycol Sales, Revenue, Price and Gross Margin (2019-2024)
16.4 Genomatica
16.4.1 Company Profile
16.4.2 Main Business and 1,3-Butylene Glycol Information
16.4.3 SWOT Analysis of Genomatica
16.4.4 Genomatica 1,3-Butylene Glycol Sales, Revenue, Price and Gross Margin (2019-2024)
16.5 Godavari Biorefineries Limited
16.5.1 Company Profile
16.5.2 Main Business and 1,3-Butylene Glycol Information
16.5.3 SWOT Analysis of Godavari Biorefineries Limited
16.5.4 Godavari Biorefineries Limited 1,3-Butylene Glycol Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of 1,3-Butylene Glycol Report
Table Data Sources of 1,3-Butylene Glycol Report
Table Major Assumptions of 1,3-Butylene Glycol Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure 1,3-Butylene Glycol Picture
Table 1,3-Butylene Glycol Classification
Table 1,3-Butylene Glycol Applications List
Table Drivers of 1,3-Butylene Glycol Market
Table Restraints of 1,3-Butylene Glycol Market
Table Opportunities of 1,3-Butylene Glycol Market
Table Threats of 1,3-Butylene Glycol Market
Table Raw Materials Suppliers List
Table Different Production Methods of 1,3-Butylene Glycol
Table Cost Structure Analysis of 1,3-Butylene Glycol
Table Key End Users List
Table Latest News of 1,3-Butylene Glycol Market
Table Merger and Acquisition List
Table Planned/Future Project of 1,3-Butylene Glycol Market
Table Policy of 1,3-Butylene Glycol Market
Table 2019-2029 Regional Export of 1,3-Butylene Glycol
Table 2019-2029 Regional Import of 1,3-Butylene Glycol
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America 1,3-Butylene Glycol Market Size and Market Volume List
Figure 2019-2029 North America 1,3-Butylene Glycol Market Size and CAGR
Figure 2019-2029 North America 1,3-Butylene Glycol Market Volume and CAGR
Table 2019-2029 North America 1,3-Butylene Glycol Demand List by Application
Table 2019-2024 North America 1,3-Butylene Glycol Key Players Sales List
Table 2019-2024 North America 1,3-Butylene Glycol Key Players Market Share List
Table 2019-2029 North America 1,3-Butylene Glycol Demand List by Type
Table 2019-2024 North America 1,3-Butylene Glycol Price List by Type
Table 2019-2029 United States 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 United States 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Canada 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Canada 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Mexico 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Mexico 1,3-Butylene Glycol Import & Export List
Table 2019-2029 South America 1,3-Butylene Glycol Market Size and Market Volume List
Figure 2019-2029 South America 1,3-Butylene Glycol Market Size and CAGR
Figure 2019-2029 South America 1,3-Butylene Glycol Market Volume and CAGR
Table 2019-2029 South America 1,3-Butylene Glycol Demand List by Application
Table 2019-2024 South America 1,3-Butylene Glycol Key Players Sales List
Table 2019-2024 South America 1,3-Butylene Glycol Key Players Market Share List
Table 2019-2029 South America 1,3-Butylene Glycol Demand List by Type
Table 2019-2024 South America 1,3-Butylene Glycol Price List by Type
Table 2019-2029 Brazil 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Brazil 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Argentina 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Argentina 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Chile 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Chile 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Peru 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Peru 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Asia & Pacific 1,3-Butylene Glycol Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific 1,3-Butylene Glycol Market Size and CAGR
Figure 2019-2029 Asia & Pacific 1,3-Butylene Glycol Market Volume and CAGR
Table 2019-2029 Asia & Pacific 1,3-Butylene Glycol Demand List by Application
Table 2019-2024 Asia & Pacific 1,3-Butylene Glycol Key Players Sales List
Table 2019-2024 Asia & Pacific 1,3-Butylene Glycol Key Players Market Share List
Table 2019-2029 Asia & Pacific 1,3-Butylene Glycol Demand List by Type
Table 2019-2024 Asia & Pacific 1,3-Butylene Glycol Price List by Type
Table 2019-2029 China 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 China 1,3-Butylene Glycol Import & Export List
Table 2019-2029 India 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 India 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Japan 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Japan 1,3-Butylene Glycol Import & Export List
Table 2019-2029 South Korea 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 South Korea 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Southeast Asia 1,3-Butylene Glycol Market Size List
Table 2019-2029 Southeast Asia 1,3-Butylene Glycol Market Volume List
Table 2019-2029 Southeast Asia 1,3-Butylene Glycol Import List
Table 2019-2029 Southeast Asia 1,3-Butylene Glycol Export List
Table 2019-2029 Australia 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Australia 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Europe 1,3-Butylene Glycol Market Size and Market Volume List
Figure 2019-2029 Europe 1,3-Butylene Glycol Market Size and CAGR
Figure 2019-2029 Europe 1,3-Butylene Glycol Market Volume and CAGR
Table 2019-2029 Europe 1,3-Butylene Glycol Demand List by Application
Table 2019-2024 Europe 1,3-Butylene Glycol Key Players Sales List
Table 2019-2024 Europe 1,3-Butylene Glycol Key Players Market Share List
Table 2019-2029 Europe 1,3-Butylene Glycol Demand List by Type
Table 2019-2024 Europe 1,3-Butylene Glycol Price List by Type
Table 2019-2029 Germany 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Germany 1,3-Butylene Glycol Import & Export List
Table 2019-2029 France 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 France 1,3-Butylene Glycol Import & Export List
Table 2019-2029 United Kingdom 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 United Kingdom 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Italy 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Italy 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Spain 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Spain 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Belgium 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Belgium 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Netherlands 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Netherlands 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Austria 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Austria 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Poland 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Poland 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Russia 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Russia 1,3-Butylene Glycol Import & Export List
Table 2019-2029 MEA 1,3-Butylene Glycol Market Size and Market Volume List
Figure 2019-2029 MEA 1,3-Butylene Glycol Market Size and CAGR
Figure 2019-2029 MEA 1,3-Butylene Glycol Market Volume and CAGR
Table 2019-2029 MEA 1,3-Butylene Glycol Demand List by Application
Table 2019-2024 MEA 1,3-Butylene Glycol Key Players Sales List
Table 2019-2024 MEA 1,3-Butylene Glycol Key Players Market Share List
Table 2019-2029 MEA 1,3-Butylene Glycol Demand List by Type
Table 2019-2024 MEA 1,3-Butylene Glycol Price List by Type
Table 2019-2029 Egypt 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Egypt 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Israel 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Israel 1,3-Butylene Glycol Import & Export List
Table 2019-2029 South Africa 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 South Africa 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries 1,3-Butylene Glycol Import & Export List
Table 2019-2029 Turkey 1,3-Butylene Glycol Market Size and Market Volume List
Table 2019-2029 Turkey 1,3-Butylene Glycol Import & Export List
Table 2019-2024 Global 1,3-Butylene Glycol Market Size List by Region
Table 2019-2024 Global 1,3-Butylene Glycol Market Size Share List by Region
Table 2019-2024 Global 1,3-Butylene Glycol Market Volume List by Region
Table 2019-2024 Global 1,3-Butylene Glycol Market Volume Share List by Region
Table 2019-2024 Global 1,3-Butylene Glycol Demand List by Application
Table 2019-2024 Global 1,3-Butylene Glycol Demand Market Share List by Application
Table 2019-2024 Global 1,3-Butylene Glycol Capacity List
Table 2019-2024 Global 1,3-Butylene Glycol Key Vendors Capacity Share List
Table 2019-2024 Global 1,3-Butylene Glycol Key Vendors Production List
Table 2019-2024 Global 1,3-Butylene Glycol Key Vendors Production Share List
Figure 2019-2024 Global 1,3-Butylene Glycol Capacity Production and Growth Rate
Table 2019-2024 Global 1,3-Butylene Glycol Key Vendors Production Value List
Figure 2019-2024 Global 1,3-Butylene Glycol Production Value and Growth Rate
Table 2019-2024 Global 1,3-Butylene Glycol Key Vendors Production Value Share List
Table 2019-2024 Global 1,3-Butylene Glycol Demand List by Type
Table 2019-2024 Global 1,3-Butylene Glycol Demand Market Share List by Type
Table 2019-2024 Regional 1,3-Butylene Glycol Price List
Table 2024-2029 Global 1,3-Butylene Glycol Market Size List by Region
Table 2024-2029 Global 1,3-Butylene Glycol Market Size Share List by Region
Table 2024-2029 Global 1,3-Butylene Glycol Market Volume List by Region
Table 2024-2029 Global 1,3-Butylene Glycol Market Volume Share List by Region
Table 2024-2029 Global 1,3-Butylene Glycol Demand List by Application
Table 2024-2029 Global 1,3-Butylene Glycol Demand Market Share List by Application
Table 2024-2029 Global 1,3-Butylene Glycol Capacity List
Table 2024-2029 Global 1,3-Butylene Glycol Key Vendors Capacity Share List
Table 2024-2029 Global 1,3-Butylene Glycol Key Vendors Production List
Table 2024-2029 Global 1,3-Butylene Glycol Key Vendors Production Share List
Figure 2024-2029 Global 1,3-Butylene Glycol Capacity Production and Growth Rate
Table 2024-2029 Global 1,3-Butylene Glycol Key Vendors Production Value List
Figure 2024-2029 Global 1,3-Butylene Glycol Production Value and Growth Rate
Table 2024-2029 Global 1,3-Butylene Glycol Key Vendors Production Value Share List
Table 2024-2029 Global 1,3-Butylene Glycol Demand List by Type
Table 2024-2029 Global 1,3-Butylene Glycol Demand Market Share List by Type
Table 2024-2029 1,3-Butylene Glycol Regional Price List
Table OQ Chemicals Information
Table SWOT Analysis of OQ Chemicals
Table 2019-2024 OQ Chemicals 1,3-Butylene Glycol Product Capacity Production Price Cost Production Value
Figure 2019-2024 OQ Chemicals 1,3-Butylene Glycol Capacity Production and Growth Rate
Figure 2019-2024 OQ Chemicals 1,3-Butylene Glycol Market Share
Table Daicel Information
Table SWOT Analysis of Daicel
Table 2019-2024 Daicel 1,3-Butylene Glycol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Daicel 1,3-Butylene Glycol Capacity Production and Growth Rate
Figure 2019-2024 Daicel 1,3-Butylene Glycol Market Share
Table KH Neochem Information
Table SWOT Analysis of KH Neochem
Table 2019-2024 KH Neochem 1,3-Butylene Glycol Product Capacity Production Price Cost Production Value
Figure 2019-2024 KH Neochem 1,3-Butylene Glycol Capacity Production and Growth Rate
Figure 2019-2024 KH Neochem 1,3-Butylene Glycol Market Share
Table Genomatica Information
Table SWOT Analysis of Genomatica
Table 2019-2024 Genomatica 1,3-Butylene Glycol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Genomatica 1,3-Butylene Glycol Capacity Production and Growth Rate
Figure 2019-2024 Genomatica 1,3-Butylene Glycol Market Share
Table Godavari Biorefineries Limited Information
Table SWOT Analysis of Godavari Biorefineries Limited
Table 2019-2024 Godavari Biorefineries Limited 1,3-Butylene Glycol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Godavari Biorefineries Limited 1,3-Butylene Glycol Capacity Production and Growth Rate
Figure 2019-2024 Godavari Biorefineries Limited 1,3-Butylene Glycol Market Share

Companies Mentioned

  • OQ Chemicals
  • Daicel
  • KH Neochem
  • Genomatica
  • Godavari Biorefineries Limited

Methodology

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