Europe Butylene Glycol Market was valued at USD 1.20 Billion in 2022 and is projected to reach USD 1.85 Billion by 2030, growing at a CAGR of 5.9% from 2024 to 2030.
The European Butylene Glycol market has seen a significant rise in demand, driven by its extensive use across a variety of industries. Butylene Glycol, an organic alcohol, is commonly used in cosmetics, pharmaceuticals, and as an ingredient in industrial applications. Its versatility and effectiveness in various formulations have made it a staple in several key sectors.
Industries such as personal care and cosmetics account for the largest share of Butylene Glycol consumption in Europe. The compound is primarily used as a humectant in lotions, creams, and other skincare products due to its ability to retain moisture. Its role as a stabilizer in cosmetic formulations further increases its demand in this sector. The growing trend of organic and sustainable beauty products in Europe is also boosting the market for Butylene Glycol, as it is often derived from renewable sources.
In the pharmaceutical industry, Butylene Glycol plays a crucial role in drug formulations, particularly in oral medications and intravenous injections. It is valued for its ability to dissolve active ingredients, enhance bioavailability, and improve product stability. The increasing demand for pharmaceutical innovations, particularly in biologics and vaccines, is fueling the growth of the Butylene Glycol market across Europe.
Another important application for Butylene Glycol is in the production of industrial products such as plastics, resins, and solvents. It serves as a plasticizer in manufacturing, helping to improve the flexibility and durability of products. The expanding construction and automotive industries in Europe further increase the demand for these industrial uses of Butylene Glycol.
As industries across Europe continue to grow and innovate, the need for Butylene Glycol is expected to rise. Its multi-functional properties make it indispensable in a wide range of sectors, ensuring that its demand remains strong and poised for future growth.
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Kyowa Hakko Europe
Xinjiang Blue Ridge Tunhe Energy
Oxea
Daicel Corporation
Godavari Biorefineries
Hangzhou Dayangchem
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Butylene Glycol Market
Cosmetics and Personal Care
Pharmaceuticals
Food and Beverage
Industrial Applications
Cosmetic Grade Butylene Glycol
Pharmaceutical Grade Butylene Glycol
Food Grade Butylene Glycol
Industrial Grade Butylene Glycol
Liquid Formulations
Solid Formulations
Gel-based Formulations
Emulsions
Derived from Petroleum
Bio-based Butylene Glycol
Synthetic Production
Consumer Goods Manufacturers
Pharmaceutical Companies
Food Industry Players
Research and Development Laboratories
Contract Manufacturers
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Butylene Glycol Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Butylene Glycol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Butylene Glycol Market, By Type
6. Europe Butylene Glycol Market, By Application
7. Europe Butylene Glycol Market, By Geography
Europe
Germany
UK
France
8. Europe Butylene Glycol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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