Precision Business Insights has published a report on the global 1,3-butylene glycol market, estimating its value at USD 194.4 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/1-3-butylene-glycol-market

Market Definition:

Butane-1,3-diol, 1,3-butanediol, or 1,3-dihydroxybutane are alternate names for this diol, which is employed as a chemical intermediary in the production of polyester plasticizers and other goods. In pet food, tobacco, and cosmetics, it is used as a humectant and as a flavoring solvent.

Drivers:

1)      Growing demand for clean and safe ingredients

2)      Increasing demand in food cosmetics pharmaceutical industries

The global 1,3-butylene glycol market segmentation:
1) By Product: Pharmaceutical Grade, Industrial Grade.
2) By Function: Humectant, Emollient, Stabilizer, Intermediate.
3) By Application: Cosmetic & Personal Care Products, Food Products.

Based on its Function a hygroscopic (water-absorbing) material used to maintain moisture is called a humectant. They are used in many products, including food, cosmetics, medicines and pesticides. When added to food, humectants have the effect of retaining moisture in the food. They are also occasionally employed as part of antistatic plastic coatings.

Regional Overview:
The report also examines the current concerns and their Future Effects on the 1,3-butylene glycol market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the 1,3-butylene glycol market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The key players profiled in the global 1,3-butylene glycol market report are Daicel Corporation, Genomatica Inc., Godavari Biorefineries Ltd., Haihang Industry Co. Ltd., KH Neochem Co. Ltd., MMP Inc., OQ Chemicals GmbH, OXEA GmbH, Penta Manufacturing Company, Rita Corporation, Shanghai Jinjin Industry Co., Ltd., Whyte Chemicals Limited

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