Market Overview:
The global butylene glycol market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for butylene glycol from various applications such as cosmetics, food additive, and industrial. Butylene glycol is also used as a solvent and has various other applications such as in the production of polyester fibers, plastics, and antifreeze. North America dominates the global butylene glycol market followed by Europe and Asia Pacific.
Product Definition:
Butylene glycol is a colorless, odorless, and sweet-tasting liquid. It is used as a solvent in many pharmaceuticals and cosmetics. Butylene glycol is also used as an ingredient in antifreeze mixtures and to make polyester resins.
Laboratory Grade:
Laboratory-grade is a high purity form of the chemical that is produced on an industrial scale for use in research laboratories. It has applications ranging from testing water quality to monitoring air quality. The butylene glycol (BnG) market is expected to witness significant growth over the forecast period owing to its increasing demand as a solvent and its growing usage in industries such as pharmaceuticals, cosmetics, and food processing.
Industry Grade:
Industry grade is a type of propylene glycol that has been processed to remove impurities. It also helps in increasing the solubility and flexibility of the product which makes it suitable for use in various applications such as food & beverages, pharmaceuticals, cosmetics, printing inks and chemical feedstock among others.
The global butylene glycol market size was valued at USD 2.91 billion in 2016 and is expected to grow at a CAGR of 4.
Application Insights:
The global butylene glycol market is segmented on the basis of application into cosmetics, food additive, industrial and others. The cosmetics segment accounted for a share of over 40% in 2017. This is attributed to its use as an emollient and moisturizer in skin care products such as creams, gels and lotions. Rising consumer awareness regarding healthy skin has led to increased demand for beauty care products with high efficacy that too without any side effects or hazards associated with them.
Butylene glycol also finds applications in deodorants & antiperspirants owing to its ability to block sweat from reaching the surface of the skin through absorption by fatty acids present on human body surface.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global industry volume, which can be attributed to growing demand from end-use industries such as cosmetics, food additive and pharmaceutical. China emerged as a prominent country with high production capacity followed by India.
The increasing population coupled with rising living standards have spurred consumer spending on personal care products such as skin care creams, hair oiling products and other grooming aids in countries like China, India Japan South Korea among others are expected to drive regional growth over the next eight years.
Growth Factors:
- Increasing demand for Butylene Glycol in end-use industries such as cosmetics, pharmaceuticals, and food & beverages due to its properties such as odorless, colorless, and non-toxic.
- Rising demand for Butylene Glycol from emerging countries due to the growth of their economies and the increasing purchasing power of consumers.
- Growing use of Butylene Glycol in personal care products owing to its moisturizing properties. This is expected to boost the demand for Butylene Glycol during the forecast period.
- Increasing investments by key players in R&D activities to develop new applications for Butylene Glycol that can address specific needs of different industries is likely to propel market growth over the next few years. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Butylene Glycol Market Research Report
By Type
Laboratory Grade, Industry Grade, Others
By Application
Cosmetics, Food Additive, Industrial
By Companies
Kyowa Hakko Europe, Xinjiang Blue Ridge Tunhe Energy, Oxea, Daicel Corporation, Godavari Biorefineries, Hangzhou Dayangchem, Kyowa Hakko Europe
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Butylene Glycol Market Report Segments:
The global Butylene Glycol market is segmented on the basis of:
Types
Laboratory Grade, Industry Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetics, Food Additive, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kyowa Hakko Europe
- Xinjiang Blue Ridge Tunhe Energy
- Oxea
- Daicel Corporation
- Godavari Biorefineries
- Hangzhou Dayangchem
- Kyowa Hakko Europe
Highlights of The Butylene Glycol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laboratory Grade
- Industry Grade
- Others
- By Application:
- Cosmetics
- Food Additive
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Butylene Glycol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Butylene Glycol is a colorless, viscous liquid with a sweet odor. It is used in cosmetics, pharmaceuticals, and food products. Butylene Glycol is also used as an antifreeze and engine coolant.
Some of the key players operating in the butylene glycol market are Kyowa Hakko Europe, Xinjiang Blue Ridge Tunhe Energy, Oxea, Daicel Corporation, Godavari Biorefineries, Hangzhou Dayangchem, Kyowa Hakko Europe.
The butylene glycol market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Butylene Glycol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Butylene Glycol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Butylene Glycol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Butylene Glycol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Butylene Glycol Market Size & Forecast, 2018-2028
4.5.1 Butylene Glycol Market Size and Y-o-Y Growth
4.5.2 Butylene Glycol Market Absolute $ Opportunity
Chapter 5 Global Butylene Glycol Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Butylene Glycol Market Size Forecast by Type
5.2.1 Laboratory Grade
5.2.2 Industry Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Butylene Glycol Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Butylene Glycol Market Size Forecast by Applications
6.2.1 Cosmetics
6.2.2 Food Additive
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Butylene Glycol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Butylene Glycol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Butylene Glycol Analysis and Forecast
9.1 Introduction
9.2 North America Butylene Glycol Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Butylene Glycol Market Size Forecast by Type
9.6.1 Laboratory Grade
9.6.2 Industry Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Butylene Glycol Market Size Forecast by Applications
9.10.1 Cosmetics
9.10.2 Food Additive
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Butylene Glycol Analysis and Forecast
10.1 Introduction
10.2 Europe Butylene Glycol Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Butylene Glycol Market Size Forecast by Type
10.6.1 Laboratory Grade
10.6.2 Industry Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Butylene Glycol Market Size Forecast by Applications
10.10.1 Cosmetics
10.10.2 Food Additive
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Butylene Glycol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Butylene Glycol Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Butylene Glycol Market Size Forecast by Type
11.6.1 Laboratory Grade
11.6.2 Industry Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Butylene Glycol Market Size Forecast by Applications
11.10.1 Cosmetics
11.10.2 Food Additive
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Butylene Glycol Analysis and Forecast
12.1 Introduction
12.2 Latin America Butylene Glycol Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Butylene Glycol Market Size Forecast by Type
12.6.1 Laboratory Grade
12.6.2 Industry Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Butylene Glycol Market Size Forecast by Applications
12.10.1 Cosmetics
12.10.2 Food Additive
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Butylene Glycol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Butylene Glycol Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Butylene Glycol Market Size Forecast by Type
13.6.1 Laboratory Grade
13.6.2 Industry Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Butylene Glycol Market Size Forecast by Applications
13.10.1 Cosmetics
13.10.2 Food Additive
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Butylene Glycol Market: Competitive Dashboard
14.2 Global Butylene Glycol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kyowa Hakko Europe
14.3.2 Xinjiang Blue Ridge Tunhe Energy
14.3.3 Oxea
14.3.4 Daicel Corporation
14.3.5 Godavari Biorefineries
14.3.6 Hangzhou Dayangchem
14.3.7 Kyowa Hakko Europe
