Global 1,3-Butylene Glycol (1,3-BG) Market Analysis and Forecast to 2023

  • ID: 4435234
  • Report
  • Region: Global
  • 125 pages
  • P&S Market Research
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FEATURED COMPANIES

  • Daicel Corporation
  • Genomatica, Inc.
  • KH Neochem Co., Ltd.
  • OXEA GmbH
  • MORE
Global 1,3-butylene glycol market valued 29,300.0 MT in 2016

According to the study, the global 1,3-butylene glycol (1,3-BG) market is likely to grow from 29,300.0 MT in 2016 to 38,939.5 MT by 2023. Growing cosmetic products market and the growing demand of 1,3 butylene glycol in the pharmaceutical industry are the key factors driving the growth of the global market. 1,3-BG is used as raw material for polyester plasticizers and unsaturated polyester resins humectant in cosmetics.

The chemical is a viscosity decreasing component and prevents the dying out of cosmetics. The best characteristic of 1,3-BG is its ability to stabilize volatile compounds such as fragrances and flavors fixing them in cosmetic formulations and to reduce the loss of aroma. It also helps in the preservation of cosmetics against spoilage by micro-organisms. Firstly, it has a very good distribution coefficient, which leads to a better efficacy of preservatives mixed into formulation, thus making it possible to lower the dose of the applied preservative. Secondly, it has an antimicrobial effect, which helps arrest the growth of microorganisms in products. Compared with glycerol, sorbitol, and propylene glycol, 1,3-BG is the most efficient polyol as antimicrobial agent.

Insights on Market Segments:

As per the findings of research, pharmaceutical grade occupied the larger share of the market, its usage in major industries, such as cosmetic, personal care, and food industries. Growing demand for skin care and hair care products and entry of large number of players in the food and beverages industry worldwide, is driving the demand for pharmaceutical grade 1,3-butylene glycol.

On the basis of application, cosmetics & personal care products were the largest application area of 1,3-butylene glycol, owing to increasing consciousness and awareness towards haircare and skincare among consumers. The increasing awareness supported with increased disposable income is leading to more demand of such cosmetic products, which finds application of 1,3-BG.

Asia-Pacific stands as the largest 1,3-butylene glycol market:

Globally, Asia-Pacific dominates the market and is expected to remain the largest market in future as well. This is due to high demand for 1,3-BG in emerging economies of the region. During the forecast period, the market is expected to witness the fastest growth in Asia-Pacific, attributed to factors such as improving healthcare infrastructure, increasing disposable income, and significant growth in the cosmetics industry. Countries such as India and China have growth potential for 1,3-butylene glycol market in the region. The healthcare expenditure in these countries is still proportionally very low when compared to the developed economies of Europe and North America. However, the large population base and increasing disposable income exhibit strong demand for personal care products, thus increasing the demand for 1,3-butylene glycol.

Growing cosmetic & personal care products market is the key factors driving the growth of the global market

1,3 butylene glycol is used as raw material for polyester plasticizers and unsaturated polyester resins humectant in cosmetics. The chemical is a viscosity decreasing component and prevents the dying out of cosmetics. The best characteristic of 1,3 butylene glycol is its ability to stabilize volatile compounds such as fragrances and flavors fixing them in cosmetic formulations and to reduce the loss of aroma. 1,3-BG also helps in the preservation of cosmetics against spoilage by micro-organisms. Firstly, it has a very good distribution coefficient, which leads to a better efficacy of preservatives mixed into formulation, thus making it possible to lower the dose of the applied preservative. Secondly, it has an antimicrobial effect, which helps arrest the growth of microorganisms in products.

Compared with glycerol, sorbitol, and propylene glycol, 1,3 butylene glycol is the most efficient polyol as antimicrobial agent. The market for beauty products is driven by increasing aging population, and increasing disposable income. The leading cosmetic companies, such as L’Oreal Group (France), Avon Products Inc. (the U.S.), The Estée Lauder Companies Inc. (the U.S.), and Oriflame Cosmetics (Luxembourg) are continuously introducing new variants, which is leading to increased growth of cosmetics industry. This is expected to drive the growth in demand of 1,3-butylene glycol worldwide.

Global consolidated market structure:

The research states that this industry is consolidated, where OXEA GmbH, Daicel Corporation, and KH Neochem Co., Ltd. are the market leaders. Some of the other key players in the 1,3-butylene glycol market are Godavari Biorefineries Ltd., Hangzhou Dayangchem Co. Ltd., Haihang Industry Co., Ltd., and Genomatica, Inc.
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2 of 4

FEATURED COMPANIES

  • Daicel Corporation
  • Genomatica, Inc.
  • KH Neochem Co., Ltd.
  • OXEA GmbH
  • MORE
1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Product
1.3.2 Market Segmentation by Application
1.3.3 Market Segmentation by Geography
1.3.4 Analysis Period
1.3.5 Market Data Reporting Unit
1.3.5.1 Value
1.3.5.2 Volume
1.4 Key Stakeholders

2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

3. Executive Summary

4. Introduction
4.1 Definition of Market Segments
4.1.1 By Product
4.1.1.1 Pharmaceutical grade
4.1.1.2 Industrial grade
4.1.2 By Application
4.1.2.1 Cosmetic & personal care products
4.1.2.2 Food products
4.1.2.3 Others
4.2 Manufacturing Processes of 1,3-Butylene Glycol
4.2.1 Aldol condensation + catalytic hydrogenation
4.2.2 Hydration reaction
4.2.3 Prins reaction
4.2.4 Fermentation process
4.3 Global Production Of 1,3-Butylene Glycol
4.4 Production Capacity of 1,3-Butylene Glycol of Major Manufacturers
4.4.1 1,3-Butylene Glycol Production Capacity (MT/Year) of Major Manufacturers (2016)
4.5 Price Trend Analysis of 1,3-Butylene Glycol
4.5.1 Asia-Pacific
4.5.1.1 India
4.6 Value Chain Analysis
4.7 Market Dynamics
4.7.1 Trends
4.7.1.1 Quest to develop cost effective fermentation process to produce 1,3-butylene glycol
4.7.2 Drivers
4.7.2.1 Growing cosmetic products market
4.7.2.2 Growing demand of 1,3 butylene glycol in pharmaceutical industry
4.7.2.3 Impact analysis of drivers on market forecast
4.7.3 Restraints
4.7.3.1 Uncertain global economic conditions
4.7.3.2 Impact analysis of restraints on market forecast
4.7.4 Opportunity
4.7.4.1 Increasing consciousness and awareness towards haircare and skincare
4.8 Porter's Five Forces Analysis
4.8.1 Bargaining Power of Buyers
4.8.2 Bargaining Power of Suppliers
4.8.3 Threat of New Entrants
4.8.4 Intensity of Rivalry
4.8.5 Threat of Substitutes

5. Market Size and Forecast by Product
5.1 Pharmaceutical Grade
5.2 Industrial Grade

6. Market Size and Forecast by Application
6.1 Cosmetics & Personal Care Products
6.2 Food Products
6.3 Others

7. Market Size and Forecast by Geography
7.1 North America 1,3-Butylene Glycol Market
7.1.1 North America 1,3-butylene glycol market, by product
7.1.2 North America 1,3-butylene glycol market, by application
7.1.3 North America 1,3-butylene glycol market, by country
7.2 Europe 1,3-Butylene Glycol Market
7.2.1 Europe 1,3-butylene glycol market, by product
7.2.2 Europe 1,3-butylene glycol market, by application
7.2.3 Europe 1,3-butylene glycol market, by country
7.3 Asia-Pacific 1,3-Butylene Glycol Market
7.3.1 Asia-Pacific 1,3-butylene glycol market, by product
7.3.2 Asia-Pacific 1,3-butylene glycol market, by application
7.3.3 Asia-Pacific 1,3-butylene glycol market, by country
7.4 Latin America 1,3-Butylene Glycol Market
7.4.1 Latin America 1,3-butylene glycol market, by product
7.4.2 Latin America 1,3-butylene glycol market, by application
7.4.3 Latin America 1,3-butylene glycol market, by country
7.5 Middle East and Africa (MEA) 1,3-Butylene Glycol Market
7.5.1 MEA 1,3-butylene glycol market, by product
7.5.2 MEA 1,3-butylene glycol market, by application
7.5.3 MEA 1,3-butylene glycol market, by country

8. Global Strategic Developments of Key Players
8.1 Facility Expansion8.2 Others

9. Company Profile
9.1 Daicel Corporation
9.1.1 Business Overview
9.1.2 Product and Service Offerings
9.1.3 Key Financial Summary
9.1.4 Strategic Growth Plans
9.2 KH Neochem Co., Ltd.
9.2.1 Business Overview
9.2.2 Product and Service Offerings
9.2.3 Strategic Growth Plans
9.3 Genomatica, Inc.
9.3.1 Business Overview
9.3.2 Product and Service Offerings
9.3.3 Strategic Growth Plans
9.4 Godavari Biorefineries Ltd.
9.4.1 Business Overview
9.4.2 Product and Service Offerings
9.4.3 Key Financial Summary
9.4.4 Strategic Growth Plans
9.5 OXEA GmbH
9.5.1 Business Overview
9.5.2 Product and Service Offerings
9.5.3 Strategic Growth Plans
9.6 Hangzhou Dayangchem, Co. Ltd.
9.6.1 Business Overview
9.6.2 Product and Service Offerings
9.6.3 Strategic Growth Plans
9.7 Haihang Industry, Co. Ltd.
9.7.1 Business Overview
9.7.2 Product and Service Offerings
9.7.3 Strategic Growth Plans

10. Appendix

10.1 Abbreviations

List of Tables:

Table 1 Analysis Period Of The Study
Table 2 1,3-Butylene Glycol Production Capacity (Mt/Year) Of Major Manufacturers (2016)
Table 3 Drivers For The Market: Impact Analysis
Table 4 Restraints For The Market: Impact Analysis
Table 5 North America 1,3-Butylene Glycol Market, By Product, Metric Tons (2013 - 2016)
Table 6 North America 1,3-Butylene Glycol Market, By Product, Metric Tons (2017 - 2023)
Table 7 North America 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2013 - 2016)
Table 8 North America 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2017 - 2023)
Table 9 North America 1,3-Butylene Glycol Market, By Application, Metric Tons (2013 - 2016)
Table 10 North America 1,3-Butylene Glycol Market, By Application, Metric Tons (2017 - 2023)
Table 11 North America 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2013 - 2016)
Table 12 North America 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2017 - 2023)
Table 13 North America 1,3-Butylene Glycol Market, By Country, Metric Tons (2013 - 2016)
Table 14 North America 1,3-Butylene Glycol Market, By Country, Metric Tons (2017 - 2023)
Table 15 North America 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2013 - 2016)
Table 16 North America 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2017 - 2023)
Table 17 Europe 1,3-Butylene Glycol Market, By Product, Metric Tons (2013 - 2016)
Table 18 Europe 1,3-Butylene Glycol Market, By Product, Metric Tons (2017 - 2023)
Table 19 Europe 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2013 - 2016)
Table 20 Europe 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2017 - 2023)
Table 21 Europe 1,3-Butylene Glycol Market, By Application, Metric Tons (2013 - 2016)
Table 22 Europe 1,3-Butylene Glycol Market, By Application, Metric Tons (2017 - 2023)
Table 23 Europe 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2013 - 2016)
Table 24 Europe 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2017 - 2023)
Table 25 Europe 1,3-Butylene Glycol Market, By Country, Metric Tons (2013 - 2016)
Table 26 Europe 1,3-Butylene Glycol Market, By Country, Metric Tons (2017 - 2023)
Table 27 Europe 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2013 - 2016)
Table 28 Europe 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2017 - 2023)
Table 29 Asia-Pacific 1,3-Butylene Glycol Market, By Product, Metric Tons (2013 - 2016)
Table 30 Asia-Pacific 1,3-Butylene Glycol Market, By Product, Metric Tons (2017 - 2023)
Table 31 Asia-Pacific 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2013 - 2016)
Table 32 Asia-Pacific 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2017 - 2023)
Table 33 Asia-Pacific 1,3-Butylene Glycol Market, By Application, Metric Tons (2013 - 2016)
Table 34 Asia-Pacific 1,3-Butylene Glycol Market, By Application, Metric Tons (2017 - 2023)
Table 35 Asia-Pacific 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2013 - 2016)
Table 36 Asia-Pacific 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2017 - 2023)
Table 37 Asia-Pacific 1,3-Butylene Glycol Market, By Country, Metric Tons (2013 - 2016)
Table 38 Asia-Pacific 1,3-Butylene Glycol Market, By Country, Metric Tons (2017 - 2023)
Table 39 Asia-Pacific 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2013 -2016)
Table 40 Asia-Pacific 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2017 -2023)
Table 41 Latin America 1,3-Butylene Glycol Market, By Product, Metric Tons (2013 - 2016)
Table 42 Latin America 1,3-Butylene Glycol Market, By Product, Metric Tons (2017 - 2023)
Table 43 Latin America 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2013 - 2016)
Table 44 Latin America 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2017 - 2023)
Table 45 Latin America 1,3-Butylene Glycol Market, By Application, Metric Tons (2013 - 2016)
Table 46 Latin America 1,3-Butylene Glycol Market, By Application, Metric Tons (2017 - 2023)
Table 47 Latin America 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2013 - 2016)
Table 48 Latin America 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2017 - 2023)
Table 49 Latin America 1,3-Butylene Glycol Market, By Country, Metric Tons (2013 - 2016)
Table 50 Latin America 1,3-Butylene Glycol Market, By Country, Metric Tons (2017 - 2023)
Table 51 Latin America 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2013 - 2016)
Table 52 Latin America 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2017 - 2023)
Table 53 MEA 1,3-Butylene Glycol Market, By Product, Metric Tons (2013 - 2016)
Table 54 MEA 1,3-Butylene Glycol Market, By Product, Metric Tons (2017 - 2023)
Table 55 MEA 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2013 - 2016)
Table 56 MEA 1,3-Butylene Glycol Market, By Product, Thousand Dollars (2017 - 2023)
Table 57 MEA 1,3-Butylene Glycol Market, By Application, Metric Tons (2013 - 2016)
Table 58 MEA 1,3-Butylene Glycol Market, By Application, Metric Tons (2017 - 2023)
Table 59 MEA 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2013 - 2016)
Table 60 MEA 1,3-Butylene Glycol Market, By Application, Thousand Dollars (2017 - 2023)
Table 61 MEA 1,3-Butylene Glycol Market, By Country, Metric Tons (2013 - 2016)
Table 62 MEA 1,3-Butylene Glycol Market, By Country, Metric Tons (2017 - 2023)
Table 63 MEA 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2013 - 2016)
Table 64 MEA 1,3-Butylene Glycol Market, By Country, Thousand Dollars (2017 - 2023)
Table 65 Daicel Corporation - At A Glance
Table 66 Daicel Corporation - Key Financial Summary
Table 67 Kh Neochem Co., Ltd. - At A Glance
Table 68 Genomatica, Inc. - At A Glance
Table 69 Godavari Biorefineries Ltd. - At A Glance
Table 70 Godavari Biorefineries Ltd. - Key Financial Summary
Table 71 Oxea Gmbh - At A Glance
Table 72 Hangzhou Dayangchem Co. Ltd - At A Glance
Table 73 Haihang Industry Co. Ltd. - At A Glance

List of Figures:

Figure 1 Research Scope
Figure 2 Research Methodology
Figure 3 Regional Split Of Primary And Secondary Research
Figure 4 Breakdown Of Primary Research By Region
Figure 5 Breakdown Of Primary Research By Industry Participant
Figure 6 Breakdown Of Primary Research By Company Type
Figure 7 Data Triangulation Approach
Figure 8 Global 1,3-Butylene Glycol Market Summary
Figure 9 Global 1,3-Butylene Glycol Production, Metric Tons (2013 - 2023)
Figure 10 Global 1,3-Butylene Production Market Share Of Companies (2016)
Figure 11 Asp For 1,3-Butylene Glycol In Asia-Pacific, $/Mt
Figure 12 Asp For Pharmaceuticacl Grade 1,3-Butylene Glycol In Asia-Pacific, $/Mt
Figure 13 Asp For Industrial Grade 1,3-Butylene Glycol In Asia-Pacific, $/Mt
Figure 14 Asp Of 1,3-Butylene Glycol In India, $/Mt
Figure 15 Value Chain Analysis
Figure 16 Porter's Five Forces Analysis Of The Global 1,3-Butylene Glycol Market
Figure 17 Global Pharmaceutical Grade Based 1,3-Butylene Glycol Market, Metric Tons (2013 - 2023)
Figure 18 Global Pharmaceutical Grade Based 1,3-Butylene Glycol Market, Thousand Dollars (2013 - 2023)
Figure 19 Global Industrial Grade Based 1,3-Butylene Glycol Market, Metric Tons (2013 - 2023)
Figure 20 Global Industrial Grade Based 1,3-Butylene Glycol Market, Thousand Dollars (2013 - 2023)
Figure 21 Global 1,3-Butylene Glycol Market For Cosmetics & Personal Care Products, Metric Tons (2013 - 2023)
Figure 22 Global 1,3-Butylene Glycol Market For Cosmetics & Personal Care Prodcuts, Thousand Dollars (2013 - 2023)
Figure 23 Global 1,3-Butylene Glycol Market For Food Products, Metric Tons (2013 - 2023)
Figure 24 Global 1,3-Butylene Glycol Market For Food Products, Thousand Dollars (2013 - 2023)
Figure 25 Global 1,3-Butylene Glycol Market For Other Applications, Metric Tons (2013 - 2023)
Figure 26 Global 1,3-Butylene Glycol Market For Other Applications, Thousand Dollars (2013 - 2023)
Figure 27 Worldwide Major Markets For 1,3-Butylene Glycol, Based On Volume
Figure 28 Worldwide Major Markets For 1,3-Butylene Glycol, Based On Value
Figure 29 North America 1,3-Butylene Glycol Market Snapshot, Based On Value
Figure 30 Europe 1,3-Butylene Glycol Market Snapshot, Based On Value
Figure 31 Asia-Pacific 1,3-Butylene Glycol Market Snapshot, Based On Value
Figure 32 Gdp Per Capita (Ppp)
Figure 33 Latin America 1,3-Butylene Glycol Market Snapshot, Based On Value
Figure 34 Gdp Per Capita (Ppp)
Figure 35 MEA 1,3-Butylene Glycol Market Snapshot, Based On Value
Figure 36 Revenue Split By Geography And Segment (2016)
Figure 37 Revenue Split By Geography And Segment (2016)
Note: Product cover images may vary from those shown
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  • Daicel Corporation
  • Genomatica, Inc.
  • Godavari Biorefineries Ltd.
  • Haihang Industry, Co. Ltd.
  • Hangzhou Dayangchem, Co. Ltd.
  • KH Neochem Co., Ltd.
  • OXEA GmbH
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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