Press release
1,3-butylene Glycol (CAS 107-88-0) Market Size, Share, Development by 2023
1,3-Butanediol (also known as 1,3-butylene glycol, 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.
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Global 1,3-butylene Glycol (CAS 107-88-0) Market: Forecast by Type / Application / Region
As international economic situation is complicated, in the next few years there will be many uncertainties although. There are few companies enter into 1,3-Butanediol industry due to the business opportunities. The current demand for 1,3-Butanediol product is relatively low in the mature market, such as Europe and North America, but the demand in China is relatively higher due to the continuous development of downstream industries.
The global production of the 1,3-Butanediol reaches 23358 MT in 2016; the growth rate range is about 6.64% to 4% during the last five years.
Although sales of 1,3-Butanediol brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the 1,3-Butanediol field hastily.
Over the next five years, LPI(LP Information) projects that 1,3-butylene Glycol (CAS 107-88-0) will register a 5.0% CAGR in terms of revenue, reach US$ 110 million by 2023, from US$ 83 million in 2017.
Global 1,3-butylene Glycol (CAS 107-88-0) Market: Key Players
OXEA
DAICEL
KH Neochem
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United States 1,3-butylene Glycol (CAS 107-88-0) Market Research Report 2018
Europe 1,3-butylene Glycol (CAS 107-88-0) Market Research Report 2018
North America 1,3-butylene Glycol (CAS 107-88-0) Market Research Report 2018
Asia-Pacific 1,3-butylene Glycol (CAS 107-88-0) Market Research Report 2018
China 1,3-butylene Glycol (CAS 107-88-0) Market Research Report 2018
EMEA 1,3-butylene Glycol (CAS 107-88-0) Market Research Report 2018
Global 1,3-butylene Glycol (CAS 107-88-0) Market Research Report 2018
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