United States Butylene Glycol Market was valued at USD 0.86 Billion in 2022 and is projected to reach USD 1.30 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
The US Butylene Glycol Market is seeing significant growth, driven by the increasing demand for this versatile compound across various industries. Butylene Glycol, often used in cosmetics, pharmaceuticals, food products, and industrial applications, has established itself as a crucial ingredient. With its ability to retain moisture, act as a solvent, and enhance the stability of various formulations, it continues to be a sought-after product in the marketplace.
In the cosmetic and personal care industry, Butylene Glycol plays a key role in improving the texture and feel of products. It is commonly used in moisturizers, shampoos, lotions, and deodorants. As consumer demand for high-quality, long-lasting skincare and beauty products grows, so does the requirement for Butylene Glycol. It acts as a humectant, allowing products to retain moisture, which is especially critical in the formulation of anti-aging and hydrating skincare products.
Similarly, in the pharmaceutical industry, Butylene Glycol is utilized as a solvent for active ingredients in oral, topical, and injectable medications. Its high solubility helps ensure that drug formulations are stable and effective. Furthermore, it is used in a variety of controlled-release drug formulations due to its ability to maintain the correct consistency and prolong the effectiveness of the drug.
The food and beverage industry also contributes to the growing demand for Butylene Glycol. Used as a flavor enhancer and preservative, it extends the shelf life of many processed foods and beverages. Additionally, Butylene Glycol is employed in flavoring extracts, emulsions, and syrups, helping to ensure consistency in taste and texture over time.
Industries such as plastics, coatings, and solvents also rely on Butylene Glycol for its ability to improve product durability and performance. In plastics manufacturing, it serves as a plasticizer, improving the flexibility of the material. Coatings and paints benefit from Butylene Glycol's ability to enhance the smoothness and quality of finishes.
The robust demand across these diverse sectors underscores the increasing importance of Butylene Glycol in modern industry. As the market for this versatile compound continues to expand, industries are increasingly relying on it for both its functional properties and its ability to improve the performance of a wide array of products.
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Kyowa Hakko Europe
Xinjiang Blue Ridge Tunhe Energy
Oxea
Daicel Corporation
Godavari Biorefineries
Hangzhou Dayangchem
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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 US 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
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 US 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. US Butylene Glycol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Butylene Glycol Market, By Type
6. US Butylene Glycol Market, By Application
7. US Butylene Glycol Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Butylene Glycol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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