Butylene Glycol Market was valued at USD 3.02 Billion in 2022 and is projected to reach USD 4.78 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
The global butylene glycol market was valued at approximately USD 1.3 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2030. This growth trajectory reflects increasing demand across various end-use industries, particularly in cosmetics and personal care, where butylene glycol is valued for its moisturizing and solvent properties. The pharmaceutical sector is also contributing to market expansion due to the rising use of butylene glycol in drug formulations. The North American and European regions remain significant markets, driven by the high consumption of personal care products and stringent regulatory standards that favor the use of safe and effective ingredients.Emerging markets, particularly in Asia-Pacific, present substantial growth opportunities due to rapid urbanization, rising disposable incomes, and a growing middle-class population. These factors contribute to an increased demand for personal care and household products, which utilize butylene glycol as a key ingredient. Additionally, the trend towards natural and organic products is encouraging manufacturers to innovate and incorporate butylene glycol in new formulations. As these emerging markets continue to develop, they are expected to drive significant revenue growth, further supported by advancements in production technologies and increased consumer awareness of the benefits associated with butylene glycol.
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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 Global Butylene Glycol Market
Cosmetics
Food Additive
Industrial
Based on Types the Market is categorized into Below types that held the largest Butylene Glycol market share In 2023.
Laboratory Grade
Industry Grade
Others
Global (United States, Global 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 Global 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. Global Butylene Glycol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Butylene Glycol Market, By Type
6. Global Butylene Glycol Market, By Application
7. Global Butylene Glycol Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Butylene Glycol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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