Global 1,3-Butanediol Sales Market Report 2023
SKU ID :QYR-22289505 | Published Date: 02-Jan-2023 | No. of pages: 107Description
Market Analysis and Insights: Global 1,3-Butanediol Market
1,3-Butanediol (also known as butane-1,3-diol, or 1,3-dihydroxybutane) is a diol used as a chemical intermediate in the manufacture of polyester plasticizers and other products. It finds some use as a solvent for flavorings and as a humectant in pet foods, tobacco and cosmetics. It is one of four stable structural isomers of butanediol. In biology, 1,3-Butanediol is used as a hypoglycaemic agent. 1,3-Butanediol can be converted into β-hydroxybutyrate and serve as a substrate for brain metabolism.
Due to the COVID-19 pandemic, the global 1,3-Butanediol market size is estimated to be worth US$ 152.8 million in 2022 and is forecast to a readjusted size of US$ 207.3 million by 2029 with a CAGR of 4.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Chemical Synthesis accounting for % of the 1,3-Butanediol global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Cosmetic segment is altered to an % CAGR throughout this forecast period.
There are few companies in the 1,3-Butanediol industry currently. The industry has a high concentration and OXEA, DAICEL and KH Neochem accounted for 90%.
The global consumption market is concentrated in Asia-Pacific and Americas, Europe. The Asia-Pacific region accounts about 42% share of the global production, followed by Europe (29%) and Americas (about 24%). Japan is the main export region in the world.
Global 1,3-Butanediol Scope and Market Size
The global 1,3-Butanediol market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global 1,3-Butanediol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Chemical Synthesis
Fermentation
Segment by Application
Cosmetic
Industrial
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
OXEA
DAICEL
KH Neochem
1,3-Butanediol (also known as butane-1,3-diol, or 1,3-dihydroxybutane) is a diol used as a chemical intermediate in the manufacture of polyester plasticizers and other products. It finds some use as a solvent for flavorings and as a humectant in pet foods, tobacco and cosmetics. It is one of four stable structural isomers of butanediol. In biology, 1,3-Butanediol is used as a hypoglycaemic agent. 1,3-Butanediol can be converted into β-hydroxybutyrate and serve as a substrate for brain metabolism.
Due to the COVID-19 pandemic, the global 1,3-Butanediol market size is estimated to be worth US$ 152.8 million in 2022 and is forecast to a readjusted size of US$ 207.3 million by 2029 with a CAGR of 4.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Chemical Synthesis accounting for % of the 1,3-Butanediol global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Cosmetic segment is altered to an % CAGR throughout this forecast period.
There are few companies in the 1,3-Butanediol industry currently. The industry has a high concentration and OXEA, DAICEL and KH Neochem accounted for 90%.
The global consumption market is concentrated in Asia-Pacific and Americas, Europe. The Asia-Pacific region accounts about 42% share of the global production, followed by Europe (29%) and Americas (about 24%). Japan is the main export region in the world.
Global 1,3-Butanediol Scope and Market Size
The global 1,3-Butanediol market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global 1,3-Butanediol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Chemical Synthesis
Fermentation
Segment by Application
Cosmetic
Industrial
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
OXEA
DAICEL
KH Neochem
TOC
Tables & Figures
Companies
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