1,3-Butylene Glycol Market: By Product (Pharmaceutical Grade, Industrial Grade), By Function (Humectant, Emollient, Stabilizer, Intermediate), By Application (Cosmetic & Personal Care Products, Food Products), and Geography

1,3-Butylene Glycol Market Size was valued at USD 183.7 million in 2022 and is poised to grow at a CAGR of 5.7% over 2023-2029. 1,3-butylene glycol is a chemical compound that is a member of the glycols class of alcohols and is widely utilized in a variety of sectors including personal care and cosmetics, pharmaceuticals, and chemical manufacturing. The increased demand for skincare and cosmetic products that provide moisturizing and texture-enhancing properties drives the 1,3-butylene glycol market. According to Cosmetics Europe, a personal care association, in 2022, the cosmetics and personal care industry brings at least €29 billion from Europe’s 500 million consumers. Furthermore, the increased awareness and consciousness about the ingredients in beauty products and the demand for safe and effective ingredients are also anticipated to propel the market. In addition, the innovations and advancements in formulations to provide beauty products for different skin types have provided opportunities for several industries and manufacturers to launch several products in the market. Currently, the availability of options for customization and personalization of skincare products has become quite popular to cater to individual skin needs. But the stringent regulatory scrutiny, and the safety and compliance of 1,3-Butylene Glycol in formulations for all cosmetics and personal care products prior to approval for sales in the market and the availability of alternatives for 1,3-Butylene Glycol as humectants and moisturizing agents may hinder the growth of the market. However, high demand in food, pharmaceutical, paints & coatings, inks, and plasticizer industries, presence of intense competition, technological innovation and advancements, advanced infrastructure are anticipated to burgeon the market growth during the forecast period.

1,3-Butylene Glycol Market Key Developments:

• In June 2019, Daicel Corporation established a new production facility for 1,3-butylene glycol (1,3-BG) at its Aboshi Plant (Himeji-shi, Hyogo). By the establishment of the new facility, Daicel aims to double its production capacity of 1,3-BG’s cosmetics grade and increase the number of production sites to provide a stable supply to customers of Daicel’s 1,3-BG.
• In April 2018, Genomatica introduced the Brontide (1,3-butylene glycol) line of cosmetic and personal care ingredients that is derived from natural plant-based sugars in a safe, sustainable process in contrast to traditional 1,3-butylene glycols made from crude oil.