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Butylene Glycol Market

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 (2024-2032); Competitive Landscape; Industry Events and Developments

Global Butylene Glycol Market Outlook

The global butylene glycol market is expected to grow at a CAGR of 4.80% 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
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 (2018-2023) 
    8.3    Global Butylene Glycol Market Forecast (2024-2032)
    8.4    Global Butylene Glycol Market by Type
        8.4.1    Fermentation
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Chemical Synthesis 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Butylene Glycol Market by Function
        8.5.1    Humectant
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Emollient
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Stabilizer
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Intermediate
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Solvents
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Butylene Glycol Market by Application
        8.6.1    Cosmetics and Personal Care 
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Polymer
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Paint and Coating
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Food Additive
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others 
    8.7    Global Butylene Glycol Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Butylene Glycol Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Butylene Glycol Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Butylene Glycol Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Butylene Glycol Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Butylene Glycol Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    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 (2018-2023) and Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    16.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
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), 2018-2023
3.    Global Butylene Glycol Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    Global Butylene Glycol Historical Market: Breakup by Function (USD Million), 2018-2023
5.    Global Butylene Glycol Market Forecast: Breakup by Function (USD Million), 2024-2032
6.    Global Butylene Glycol Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Butylene Glycol Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Butylene Glycol Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Butylene Glycol Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Butylene Glycol Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Butylene Glycol Market Forecast: Breakup by Country (USD Million), 2024-2032
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 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.

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 2024-2032, growing at a CAGR of 4.80%.

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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