openPR Logo
Press release

Booming Cosmetics Industry Driving Demand for 1,3-Butylene Glycol in Asia-Pacific

07-27-2021 01:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Booming Cosmetics Industry Driving Demand for 1,3-Butylene

With the expansion of the cosmetics industry, the demand for 1,3-butylene glycol is rising sharply across the world. This is because the compound is heavily used as a humectant in cosmetics, due to its ability to be used as viscosity-decreasing component. In addition to this, the compound fixes volatile compounds such as flavors and fragrances in cosmetic formulations, which, in turn, stabilizes them, assists in aroma retention, and prevents the spoilage of cosmetic formulations by microorganisms.

Download report sample at: https://www.psmarketresearch.com/market-analysis/1-3-bg-market/report-sample

Furthermore, the compound has a high distribution coefficient, which leads to the higher efficacy of the preservatives mixed in the formulations. This allows the cosmetics producers to reduce the dosage of the applied preservatives. Besides this, the surging geriatric population, the huge investments being made in the cosmetics sector, and the soaring disposable income of people are also positively impacting the demand for 1,3-butylene glycol by pushing up the demand for beauty and personal care products across the world.

Another major factor fueling the demand for the compound is its mushrooming requirement in the pharmaceutical sector. Due to these factors, the global 1,3-butylene glycol market is booming. As a result, its size is predicted to rise from $139,994.9 thousand in 2019 to $227,057.5 thousand by 2030. Furthermore, the market is expected to progress at a CAGR of 5.0% between 2020 and 2030. Cosmetics and personal care products and food products are the major application areas of 1,3-butylene glycol.

Between the two, cosmetics and personal care products generated the greater demand for the compound in the past. As per the studies conducted on the research activities being carried out for the development of new application areas for the compound, the compound is highly suitable for use as an intermediate, humectant, and emollient for personal care products. Furthermore, the growing incidence of skin diseases, especially photoaging, is also fueling the sales of personal care products.

Pre-Purchase Inquiry at: https://www.psmarketresearch.com/send-enquiry?enquiry-url=1-3-bg-market

Globally, the 1,3-butylene glycol market will exhibit the fastest growth in the Asia-Pacific (APAC) region in the upcoming years, as per the estimates of the market research company, P&S Intelligence. This is attributed to the ballooning sales of beauty care products in the emerging economies such as India and China, due to the surging disposable income of the people residing in these countries. Moreover, many beauty care product manufacturers are rapidly expanding their production capacities for meeting the soaring requirements.

Therefore, it is clear that the demand for 1,3-butylene glycol will surge in the upcoming years, mainly because of its growing usage in the pharmaceutical industry and cosmetics and personal care products and the expansion of these industries across the world.

Contact:
Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Booming Cosmetics Industry Driving Demand for 1,3-Butylene Glycol in Asia-Pacific here

News-ID: 2338375 • Views:

More Releases from P&S Intelligence

U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period. According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sectors
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period. This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by Omnichannel Integration
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, and Growth Opportunities
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,

All 4 Releases


More Releases for Cosmetics

Halal Cosmetics Market Progressive Impacts On The Universal Economy| Amara cosme …
The latest study released on the global 'Halal Cosmetics' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Halal Cosmetics' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Get free access
Mineral Cosmetics Market, By Product (Face Cosmetics, Lips Cosmetics, Eye Cosme …
The mineral cosmetics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 5.15% in the above-mentioned forecast period. View Detailed Report: https://www.databridgemarketresearch.com/reports/global-mineral-cosmetics-market The cosmetics that are basically formulated with compressed minerals are referred as mineral cosmetics. The do not contain oil or wax additives. They are beneficial for the skin and health. The different type of mineral
Halal Cosmetics Market Giants Spending is going to Boom | Amara cosmetics, Pure …
Advance Market Analytics published a new research publication on "Halal Cosmetics Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Halal Cosmetics market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Halal Cosmetics Market Surprising Growth| Wardah Cosmetics, MARTHA TILAAR, Amara …
Data Bridge Market Research has recently added a concise research on the Global Halal Cosmetics Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The development plans, market risks, opportunities and development threats are explained in detail. The CAGR value,
Women Cosmetics Market Future Scope, Opportunities with Strategic Growth and Top …
Overview of Documentary Film and TV Show Market The research report titled ‘Documentary Film and TV Show Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. This report presents a comprehensive overview, market shares and growth opportunities of Documentary Film and TV Show Market by product type, application, key companies and key regions. The report delivers a
Women Cosmetics Market to Witness an Outstanding Growth during 2019-2023 | Women …
Overview of Women Cosmetics Market The research report titled ‘Women Cosmetics Market’ provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. This report covers various information about the key players, including price, revenue, gross profit, interview record, business distribution etc. these data help the consumer know about the competitors better. This report also covers all the regions and