Europe 1,3-Butylene glycol Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.6 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The Europe 1,3-Butylene Glycol Market is a vital segment within the chemicals industry, essential in a wide range of applications including personal care, pharmaceuticals, and manufacturing. This versatile chemical compound is gaining increasing attention for its multifunctional properties, such as acting as a solvent, plasticizer, and humectant. With demand soaring in various industries, understanding the requirements of 1,3-butylene glycol in Europe is essential for both manufacturers and end-users alike.
One of the major drivers of the European 1,3-Butylene Glycol market is its crucial role in the production of personal care products. It is widely used in cosmetics, lotions, and creams due to its ability to retain moisture and improve the texture of products. The increasing consumer preference for skin care products with improved formulations has driven the growth in demand for this glycol. Furthermore, pharmaceutical applications also see consistent growth, with 1,3-butylene glycol being employed as a stabilizer and excipient in medications.
In addition to personal care and pharmaceuticals, 1,3-butylene glycol has established its presence in the automotive and food industries. In automotive applications, it is used to produce antifreeze and coolants, offering effective thermal management properties. The food industry relies on this glycol for its ability to enhance the shelf life of certain products and maintain their quality. Its adoption in industrial applications is expected to grow as companies seek more sustainable and cost-effective solutions for various processes.
As industries evolve, the demand for 1,3-butylene glycol continues to expand, and Europe remains a key player in its production and consumption. Manufacturers are increasingly focused on meeting the ever-growing requirements for quality and environmental sustainability. With the demand rising across sectors such as personal care, pharmaceuticals, food, and automotive, the market is expected to show steady growth in the coming years.
Given its importance in diverse industrial applications, 1,3-butylene glycol is undoubtedly a critical component for a wide array of sectors. Industries are now more focused on ensuring high standards of production and meeting the growing demands in both developed and emerging markets across Europe.
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Daicel
OXEA
KHNeochem
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 1,3-Butylene glycol Market
Cosmetics and Personal Care
Food and Beverage
Pharmaceuticals
Plastics and Polymers
Textiles
Water-soluble Formulations
Oil-soluble Formulations
Emulsions
Gel Products
Sprayable Products
Industrial Grade
Cosmetic Grade
Food Grade
Pharmaceutical Grade
Personal Care Grade
Cosmetic Industry
Food Industry
Pharmaceutical Industry
Plastic Manufacturing
Textile Industry
Direct Sales
Online Retail
Distributors
Wholesale Suppliers
Retail Outlets
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe 1,3-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 1,3-Butylene glycol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe 1,3-Butylene glycol Market, By Type
6. Europe 1,3-Butylene glycol Market, By Application
7. Europe 1,3-Butylene glycol Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe 1,3-Butylene glycol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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