Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Butylene Glycol Market Outlook

The global butylene glycol market is expected to grow at a CAGR of 4.80% in the forecast period of 2024-2032.

Global Butylene Glycol Market

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The Asia Pacific to be a Significant Market for the Butylene Glycol Industry

The global butylene glycol industry is being led by the Asia Pacific region. The growth of the beauty and personal care industry in the region, especially China, owing to the rising urbanisation is likely to boost the market growth in the forecast period. The increased investments in the construction and cosmetics sectors are propelling the growth of the Asia Pacific market for butylene glycol. Stringent regulations by government authorities, as well as the increasing demand for bio-based chemical products, are the key factors that are driving the growth of the butylene glycol industry in North America and Europe.

Butylene Glycol: Market Segmentation

Butylene glycol refers to an organic substance that is colourless. It is used in the formulation of face cosmetics, hair and personal cleanliness products, fragrances, shaving, and skin care products as a skin conditioner, and as solvent and product thinner. Butylene glycol is used in many beauty products, including sunscreens, crèmes, humidifiers, and cosmetics as a humectant to hydrate the skin.

Global Butylene Glycol Market By Application

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Based on type, the market can be segmented into:

  • Fermentation
  • Chemical Synthesis

On the basis of function, the industry can be divided into:

  • Humectant
  • Emollient
  • Stabilizer
  • Intermediate
  • Solvents
  • Others

By application, the market is categorised into:

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

The regional markets for butylene glycol can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Butylene Glycol Market By Region

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Rising Demand from the Personal Care Industry Bolstering the Market Growth

The global butylene glycol industry is primarily being driven by the rising demand for personal care and cosmetic products across the globe. Butylene glycol is used in skincare products, including sunscreens, creams, humidifiers, and cosmetics as a humectant to hydrate the skin. The rising awareness about the importance of personal care is driving the growth of the butylene glycol industry. The product is also widely used in the construction sector since it is humidity resistant. In the construction industry, moulding and other materials are made from polyester plastics for ship, sheets, or boards. In contrast to propylene glycol, butylene glycol has a lighter texture, which is expected to propel the market growth. Other factors that are propelling the growth of the industry include the rapidly rising population, growing urbanisation, rising disposable incomes, as well as the changing lifestyles of the consumers.

Key Industry Players in the Global Butylene Glycol Market

The report gives a detailed analysis of the following key players in the global butylene glycol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

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

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Function
  • Application
  • Region
Breakup by Type
  • Fermentation
  • Chemical Synthesis
Breakup by Function
  • Humectant
  • Emollient
  • Stabilizer
  • Intermediate
  • Solvents
  • Others
Breakup by Application
  • Cosmetics and Personal Care 
  • Polymer
  • Paint and Coating
  • Food Additive
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Daicel Corporation
  • KH Neochem Co., Ltd.
  • OXEA GmbH
  • Godavari Biorefineries Ltd.
  • A.B. Enterprises
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.

The major drivers of the market are growing oil and gas exploration activities, rising demand from the developing regions, and increasing demand for MDO.

The key trends guiding the growth of the market includes the exploration of these untapped reserves to meet the growing energy demand and rising marine trade.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of butylene glycol in the market are fermentation and chemical synthesis.

The significant fuel grades in the market are high sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO), marine diesel oil (MDO), and liquefied natural gas (LNG), among others.

The significant applications in the market are cosmetics and personal care, polymer, paint and coating, and food additive, among others.

The leading end uses in the market are containers, bulk carriers, general cargo, and tankers, among others.

The major players in the global bunker fuel act market are ExxonMobil Corporation, Royal Dutch Shell plc., BP Plc, Total SA, Chevron Corporation, and Neste Oyj, among others.

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