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Global Butylene Glycol Market: By Type: Fermentation, Chemical Synthesis; By Function: Humectant, Emollient, Stabilizer, Intermediate, Solvents, Others; By Application: Cosmetics and Personal Care, Polymer, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Butylene Glycol Market Outlook
The global butylene glycol market is expected to grow at a CAGR of 4.8% in the forecast period of 2023-2028.
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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| 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 |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Butylene Glycol Market Analysis
8.1 Key Industry Highlights
8.2 Global Butylene Glycol Historical Market (2018-2022)
8.3 Global Butylene Glycol Market Forecast (2023-2028)
8.4 Global Butylene Glycol Market by Type
8.4.1 Fermentation
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Chemical Synthesis
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Butylene Glycol Market by Function
8.5.1 Humectant
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Emollient
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Stabilizer
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Intermediate
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Solvents
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Butylene Glycol Market by Application
8.6.1 Cosmetics and Personal Care
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Polymer
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Paint and Coating
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Food Additive
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Butylene Glycol Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Butylene Glycol Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Butylene Glycol Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Butylene Glycol Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Butylene Glycol Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Butylene Glycol Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Daicel Corporation
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 KH Neochem Co., Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 OXEA GmbH
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Godavari Biorefineries Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 A.B. Enterprises
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Butylene Glycol Market: Key Industry Highlights, 2016 and 2026
2. Global Butylene Glycol Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Butylene Glycol Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Butylene Glycol Historical Market: Breakup by Function (USD Million), 2018-2022
5. Global Butylene Glycol Market Forecast: Breakup by Function (USD Million), 2023-2028
6. Global Butylene Glycol Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Butylene Glycol Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Butylene Glycol Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Butylene Glycol Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2023-2028
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Butylene Glycol Market Structure
Key Questions Answered in the Report
The global butylene glycol market is projected to grow at a CAGR of 4.8% between 2021 and 2026.
The growth of the market is being driven by factors like rising population, increasing disposable incomes, changing lifestyles of the consumers, growing urbanisation, and rising cosmetics and construction sectors.
The growing investment in the cosmetics and construction sectors is a key trend driving the growth of the sector.
The major regions in the industry 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 major functions of butylene glycol in the industry are humectant, emollient, stabilizer, intermediate, and solvents, among others.
The significant application segments in the market are cosmetics and personal care, polymer, paint and coating, and food additive, among others.
The major players in the industry are Daicel Corporation, KH Neochem Co., Ltd., OXEA GmbH, Godavari Biorefineries Ltd., and A.B. Enterprises, among others.
Analyst Review
The global butylene glycol market is being driven by the rising demand from the cosmetics industry. Aided by the rising investments into the construction industry, the market is expected to witness a healthy growth in the forecast period of 2023-2028, growing at a CAGR of 4.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the market is bifurcated into fermentation and chemical synthesis. By function, the industry is segmented into humectant, emollient, stabilizer, intermediate, and solvents, among others. On the basis of application, the market is divided into cosmetics and personal care, polymer, paint and coating, and food additive, among others. The major regional markets for butylene glycol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Daicel Corporation, KH Neochem Co., Ltd., OXEA GmbH, Godavari Biorefineries Ltd., and A.B. Enterprises, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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