Butylene Glycol Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/butylene-glycol-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 4.8%
| Report Attribute | Details |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Base Year | 2020 |
| Growth Rate CAGR | 4.8% |
| Major Players | Daicel Corporation, KH Neochem Co., Ltd., OXEA GmbH, Godavari Biorefineries Ltd., A.B. Enterprises and others. |
The growing expansion of the personal care and cosmetics industry, further supported by rising disposable income, increasing urban development, and growing hygienic awareness, is driving the demand for butylene glycol. There is an increasing demand for downstream products of butylene glycol such as shampoos, sunscreens, and humidifiers, among others. Moreover, butylene glycol is conditioning agent and reduces lifestyle-related skin problems such as acne, which is a major driving factor of the global butylene glycol market.
Butylene glycol finds application in paints and coatings which are witnessing a heightened demand in the construction industry. Over the forecast period, the rapid residential and commercial construction projects, further fuelled by the thriving do-it-yourself sector are expected to fuel market growth.
In addition, butylene glycol is crucial in the food and beverage industry as it is an excellent anti-caking agent. Hence, the increasing demand for downstream food products of butylene glycol, such as cheese and soups, among others, are further aiding the global butylene glycol market.
Butylene Glycol Industry Definition and Major Segments
Butylene glycol is a colourless to pale yellow chemical compound which is widely used in the personal care industry to manufacture a variety of products. It has an acetic acid-like smell. Butylene glycol infuses moisture in the skin and hair care products and is also used as a pigment.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/butylene-glycol-market
Based on type, the market can be bifurcated into:
- Fermentation
- Chemical Synthesis
On the basis of function, the market has been classified into:
- Humectant
- Emollient
- Stabiliser
- Intermediate
- Solvents
- Others
By application, the market has been divided into:
- Cosmetics and Personal Care
- Polymer
- Paint and Coating
- Food Additive
- Others
On the basis of region, the market can be categorised into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Butylene Glycol Market Trends
The key trends in the global butylene glycol market include the growing research and development activities by major personal care and cosmetic companies aimed towards producing superior quality skin and hair-care products, leading to a greater demand for butylene glycol. In addition, the rapid endorsements of innovative products via social media platforms are diffusing awareness among the masses.
The flourishing e-commerce sector is another crucial trend in the market bolstering the demand for premium packaged downstream products of butylene glycol such as sheet masks, lotions, conditioners, and anti-acne creams, among others. Moreover, the rising purchasing power of the population is further augmenting the sale of these products.
In terms of geography, Asia Pacific accounts for a significant share in the butylene glycol market which is being driven by the large population base across emerging economies such as India and China. The strong foothold of major cosmetic manufacturers in the region, coupled with the increasing influence of celebrities and western culture in the masses, is further fuelling the market growth.
Key Market Players
The major players in the butylene glycol market report are Daicel Corporation, KH Neochem Co., Ltd., OXEA GmbH, Godavari Biorefineries Ltd., and A.B. Enterprises, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Read More Reports:
Biometrics Market: https://www.expertmarketresearch.com/reports/biometrics-market
Shock Wave Therapy Device Market: https://www.expertmarketresearch.com/reports/shock-wave-therapy-device-market
Security Analytics Market: https://www.expertmarketresearch.com/reports/security-analytics-market
Top Lithium Ion Battery Companies: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies
Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market
About Us :
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact :
Company Name: Claight Corporation
Contact Person: Ian Bell, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
0 Comments:
Post a Comment