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

DUBLIN–(BUSINESS WIRE)–The "Global
1,3-Butylene Glycol (1,3-BG) Market Analysis and Forecast to 2023"
report has been added to Research and Markets' offering.

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.

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.

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.

Key Topics Covered:

1. Research Background

2. Research Methodology

3. Executive Summary

4. Introduction

5. Market Size and Forecast by Product

6. Market Size and Forecast by Application

7. Market Size and Forecast by Geography

8. Global Strategic Developments of Key Players

9. Company Profiles

• Daicel Corporation
• Genomatica, Inc.
• Godavari Biorefineries Ltd.
• Haihang Industry, Co. Ltd.
• Hangzhou Dayangchem, Co. Ltd.
• KH Neochem Co., Ltd.
• OXEA GmbH

For more information about this report visit https://www.researchandmarkets.com/research/tqgglt/global?w=4

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Related
Topics: Petrochemicals