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1,3 Butanediol Market Extensive Growth Opportunities to Be Witnessed by 2019 to 2029

Global 1,3 Butanediol Market Size, Status and Forecast 2020-2026

Global “1,3 Butanediol Market” 2020 Research report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2026. This report also includes the overall and comprehensive study of the 1,3 Butanediol market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the 1,3 Butanediol industry and provides data for making strategies to increase the market growth and effectiveness.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market.

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Global 1,3 Butanediol Market Split by Product Type and Applications:

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Advent of Bio-based 1,3 Butanediol to Propel the Global 1,3 Butanediol Market

The rising concerns over environmental degradation and the rising trend of natural personal care products, has led to the emergence of bio-based 1,3 butanediol. Currently, natural ingredients represent only 7% of the overall market. However, they are expected to grow with a healthy CAGR in the coming years. With the rising trend of natural ingredients, manufacturers have introduced bio-based 1,3 butanediol derived from natural, plant-based sugar using fermentation process technology. This innovative approach has a strong demand in cosmetic & personal care industry owing to the growing need for natural ingredients. This bio-based technology helps in reducing global warming and carbon footprint. Manufacturers have successfully commercialized their products in the market. 

  • For instance, Genomatica, a bio-engineering company produces Brontide butylene glycol from sustainable fermentation process technology. The company has recently supplied 600 tons of Brontide in European market.
  • Godavari Biorefineries, a bio-refining company produced bio-based 1,3 butylene glycol “NaturoBG” from renewable resource. NaturoBG has been certified by USDA for 100% bio-based carbon content. The company is also COSMOS (Cosmetic Organic and Natural standard) certified.

Shift Toward Online Sales Channels is Shaping the Cosmetics & Personal Care Market

Fact.MR has identified a massive growth in e-commerce and direct-to-consumer shipping methods. Consumers are turning towards online platforms for personal care products. Besides, they also get the advantage of reviews and ratings for a particular product. Thus, online sales of personal care products are increasing rapidly. According to a survey in 2018 in the U.S., the online sales of personal care products grew by 24%, and the overall growth in sales of personal care products was 3% – 4%. This shows that a majority of the consumers have moved to online platforms for shopping of personal care products in the U.S. Moreover, the recent digital developments in the Asia-Pacific region, especially in India and Indonesia, will further boost the market for 1,3 butanediol market. The penetration of internet and smart marketing strategies by e-commerce retailers will help in increasing the demand for cosmetic products. Online platforms can provide an option of customization of the product as well. Hence, the shift towards online sales channel worldwide is presenting enormous growth opportunities within the 1,3 butanediol market over the forecast period.

Capacity Expansion and Acquisitions Top Strategies of Key Market Players

Owing to the growing demand for 1,3 butanediol, key players are strategically expanding their production capacity to meet the growing needs of the market. Manufacturers have expanded their R&D facility to cope up with the growing needs of consumers and remain competitive in the ever-increasing global market. The companies are also entering into a long-term partnership with end-use industries, raw material suppliers, and global players, to have a strong presence in the worldwide market. Manufactures such as Godavari bio refineries Ltd. and Genomatica are involved in the production of natural bio-based 1,3 butanediol specifically for cosmetics & personal care industry.

Some of the major expansions and acquisition in the market includes:

  • In June 2019, Daicel corporation, a Japan based chemical company, announced that it will expand its production facility of 1,3-butylene glycol cosmetics grade at Aboshi, Japan plant.
  • In March 2017, Oxea Gmbh, a leading producer of oxo intermediates and derivatives, has started capacity increase project of 1,3 butylene glycol in Bishop, U.S.
  • In July 2019, Godavari Biorefineries Ltd., an Indian based bio refinery company received USDA certified biobased product label for NaturoBG, biobased 1,3 butylene glycol

Genomatica, a biotechnology company has partnered with numerous industry giants such as Covestro, Novamount, Viachem, and Daicel Corporation for the distribution of its bio-based 1,3 butanediol across the globe.

Few of the other companies in the 1,3 butanediol market are also involved in the product innovation, expansion of product line, and collaboration with industry giants and end users to hold a strong position in the market.

1,3 Butanediol Market – Regional Developments in the Market

Manufacturers of 1,3 butanediol are majorly concentrated in North America and Asia Pacific region. North America dominates the global 1,3 butanediol market owing to presence of advanced technologies and production facilities in the region. Moreover, the consumption of the end-product is high in this region. Almost 35% of the overall consumption of 1,3 butanediol is from North America. Moreover, U.S. based manufacturer Genomatica has recently launched its bio-based 1,3 butanediol in the market. Natural products comprise of about 6% of the overall personal care products in North America.

Moreover, the penetration of natural products is high in North America and the European region owing to stringent regulations on cosmetic ingredients and more awareness about the adverse effects of synthetic products. Europe accounts for around 25% of the global cosmetics & personal care market, taking the second position after Asia Pacific. However, the demand for 1,3 butanediol in Europe is moderate owing to limited production of 1,3 butanediol in the region. The demand is majorly driven by strong skin care and hair care products in the region.

Asia Pacific represents the largest share in global personal care products market, with sales fueled mainly by population growth, urbanization and rising per capita spending of consumer. With an increasing working population and awareness about personal appearance and hygiene, the demand for personal care products is increasing in the region. The majority of the demand for 1,3 butanediol is from China, owing to a large population and rapid development of the economy.  However, the demand is completely import driven. Manufacturers form China are focusing on research and development activities and running trials to commercialize the 1,3 butanediol in the region. On the other hand, Japan is one of the major producers and exporters of 1,3 butanediol with the presence of prominent players such as Daicel Corporation and K H Neochem in the region. Moreover, the demand in the developing economies in South Asia such as India and Indonesia has witnessed spurring growth in the coming future.

In Latin America, the demand for 1,3 butanediol has witnessed a steady growth in the coming forecast period owing to a rise in the middle class population and a strong desire for personal grooming. Moreover, the rising economy and growing per capita spending on personal care products of Mexico and Brazil has further boosted the overall demand of 1,3 butanediol. In addition to this, Brazil represents the fourth largest market of global personal care market. The country accounts for around 10% of the global market and penetration of 1,3 butanediol is shallow in the region bringing profitable opportunities for the manufacturers.

In Middle East & Africa, the demand for 1,3 butanediol is progressing owing to the growing demand for natural and premium products, majorly in GCC Countries. In addition to this, UAE represents the largest consumer of personal care industry in the region spurring the growth of 1,3 butanediol. 

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Influence of the 1,3 Butanediol Market Report:

  • Comprehensive assessment of all opportunities and risk in the 1,3 Butanediol market.
  • Detailed study of business strategies for growth of the 1,3 Butanediol market-leading players.
  • Conclusive study about the growth plot of 1,3 Butanediol market for forthcoming years.
  • In-depth understanding of 1,3 Butanediol market-particular drivers, constraints and major micro markets.
  • Favourable impression inside vital technological and market latest trends striking the 1,3 Butanediol market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global 1,3 Butanediol Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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1,3 Butanediol Market Estimated to Flourish by 2019-2029

1,3 Butanediol Market size will reach xx million US$ by 2029, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and  2019-2029 as the forecast period to estimate the market size for 1,3 Butanediol .

This industry study presents the 1,3 Butanediol Market size, historical breakdown data 2014-2019 and forecast 2019-2029. The Private Plane production, revenue and market share by manufacturers, key regions and type; The consumption of 1,3 Butanediol Market in volume terms are also provided for major countries (or regions), and for each application and product at the global level.

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1,3 Butanediol Market report coverage:

The 1,3 Butanediol Market report covers extensive analysis of the market scope, structure, potential, fluctuations, and financial impacts. The report also enfolds the precise evaluation of market size, share, product & sales volume, revenue, and growth rate. It also includes authentic and trustworthy estimations considering these terms.

The 1,3 Butanediol Market has been reporting substantial growth rates with considerable CAGR for the last couple of decades. According to the report, the market is expected to grow more vigorously during the forecast period and it can also influence the global economic structure with a higher revenue share. The market also holds the potential to impact its peers and parent market as the growth rate of the market is being accelerated by increasing disposable incomes, growing product demand, changing consumption technologies, innovative products, and raw material affluence.

The study objectives are 1,3 Butanediol  Market Report:

  • To analyze and research the 1,3 Butanediol  status and future forecast involving, production, revenue, consumption, historical and forecast
  • To present the key 1,3 Butanediol  manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years
  • To segment the breakdown data by regions, type, manufacturers and applications
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks
  • To identify significant trends, drivers, influence factors in global and regions
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of 1,3 Butanediol  Market:

History Year: 2014 – 2018

Base Year: 2018

Estimated Year: 2019

Forecast Year:  2019-2029

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of 1,3 Butanediol Market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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The report covers exhaustive analysis on:

  • 1,3 Butanediol Market Segments
  • 1,3 Butanediol Market Dynamics
  • 1,3 Butanediol Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

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2,3 Butanediol Market 2019- Global Market Report with Market Size, Market Growth, Industry Chain Structure, Trends, Challenges and Market Estimation to 2025

The ‘2,3 Butanediol Market’ research report added by Market Study Report provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.

The 2,3 Butanediol market study is a well-researched report encompassing a detailed analysis of this industry with respect to certain parameters such as the product capacity as well as the overall market remuneration. The report enumerates details about production and consumption patterns in the business as well, in addition to the current scenario of the 2,3 Butanediol market and the trends that will prevail in this industry.

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What pointers are covered in the 2,3 Butanediol market research study?

The 2,3 Butanediol market report – Elucidated with regards to the regional landscape of the industry:

The geographical reach of the 2,3 Butanediol market has been meticulously segmented into United States, China, Europe, Japan, Southeast Asia & India, according to the report.

The research enumerates the consumption market share of every region in minute detail, in conjunction with the production market share and revenue.

Also, the report is inclusive of the growth rate that each region is projected to register over the estimated period.

The 2,3 Butanediol market report – Elucidated with regards to the competitive landscape of the industry:

Segment by Type, the 2,3 Butanediol market is segmented into
Content 90%-95%
Content95%

Segment by Application, the 2,3 Butanediol market is segmented into
Chemical Solvent
Food and Beverage Additive
Others

Regional and Country-level Analysis
The 2,3 Butanediol market is analysed and market size information is provided by regions (countries).
The key regions covered in the 2,3 Butanediol market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape and 2,3 Butanediol Market Share Analysis
2,3 Butanediol market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in 2,3 Butanediol business, the date to enter into the 2,3 Butanediol market, 2,3 Butanediol product introduction, recent developments, etc.
The major vendors covered:
Lanzatech
Yancheng Hongtai Bioengineering
Yancheng Huade Biological
Glory

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Exclusive details pertaining to the contribution that every firm has made to the industry have been outlined in the study. Not to mention, a brief gist of the company description has been provided as well.

Substantial information subject to the production patterns of each firm and the area that is catered to, has been elucidated.

The valuation that each company holds, in tandem with the description as well as substantial specifications of the manufactured products have been enumerated in the study as well.

The 2,3 Butanediol market research study conscientiously mentions a separate section that enumerates details with regards to major parameters like the price fads of key raw material and industrial chain analysis, not to mention, details about the suppliers of the raw material. That said, it is pivotal to mention that the 2,3 Butanediol market report also expounds an analysis of the industry distribution chain, further advancing on aspects such as important distributors and the customer pool.

The ‘2,3 Butanediol market’ report enumerates information about the industry in terms of market share, market size, revenue forecasts, and regional outlook. The report further illustrates competitive insights of key players in the business vertical followed by an overview of their diverse portfolios and growth strategies.

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Some of the Major Highlights of TOC covers:

  • Development Trend of Analysis of 2,3 Butanediol Market
  • Global 2,3 Butanediol Market Trend Analysis
  • Global 2,3 Butanediol Market Size (Volume and Value) Forecast 2019-2025
  • Marketing Channel
  • Direct Marketing
  • Indirect Marketing
  • 2,3 Butanediol Customers
  • Market Dynamics
  • Market Trends
  • Opportunities
  • Market Drivers
  • Challenges
  • Influence Factors
  • Methodology/Research Approach
  • Research Programs/Design
  • Market Size Estimation
  • Market Breakdown and Data Triangulation
  • Data Source 

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1,3 Butanediol Market – Growth Prospects, Key Opportunities, Trends & Forecast up to 2019 to 2029

1,3 Butanediol Market Global Analysis

 A report published by Fact.MR on the 1,3 Butanediol market offers an in-depth assessment of the growth trajectory and landscape of the market. Further, with the help of the historic data from the year 20XX to 20XX, projected data for 20XX, and forecasted data till the year 20XX, in terms of volume and revenue, the presented study provides a thorough assessment of the overall dynamics of the market.

The report throws light on micro and macro-economic factors that are likely to impact the prospects of the 1,3 Butanediol market. The key trends and their influence on the value chain of the end-users and suppliers are thoroughly analyzed in the latest report.

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Essential Findings of the Report:

  • Current market scenario in various regional markets
  • New developments and challenges faced by market players in the 1,3 Butanediol market
  • In-depth understanding of the prominent market players
  • Comparative assessment of the various market segments and sub-segments
  • Y-o-Y growth of the various segments and sub-segments

Segmentation Assessment of the 1,3 Butanediol Market

The 1,3 Butanediol market is segmented on the basis of application, region, and end-user among others. The projected growth of each segment and sub-segment is included in the report along with accurate graphs and figures.

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Advent of Bio-based 1,3 Butanediol to Propel the Global 1,3 Butanediol Market

The rising concerns over environmental degradation and the rising trend of natural personal care products, has led to the emergence of bio-based 1,3 butanediol. Currently, natural ingredients represent only 7% of the overall market. However, they are expected to grow with a healthy CAGR in the coming years. With the rising trend of natural ingredients, manufacturers have introduced bio-based 1,3 butanediol derived from natural, plant-based sugar using fermentation process technology. This innovative approach has a strong demand in cosmetic & personal care industry owing to the growing need for natural ingredients. This bio-based technology helps in reducing global warming and carbon footprint. Manufacturers have successfully commercialized their products in the market. 

  • For instance, Genomatica, a bio-engineering company produces Brontide butylene glycol from sustainable fermentation process technology. The company has recently supplied 600 tons of Brontide in European market.
  • Godavari Biorefineries, a bio-refining company produced bio-based 1,3 butylene glycol “NaturoBG” from renewable resource. NaturoBG has been certified by USDA for 100% bio-based carbon content. The company is also COSMOS (Cosmetic Organic and Natural standard) certified.

Shift Toward Online Sales Channels is Shaping the Cosmetics & Personal Care Market

Fact.MR has identified a massive growth in e-commerce and direct-to-consumer shipping methods. Consumers are turning towards online platforms for personal care products. Besides, they also get the advantage of reviews and ratings for a particular product. Thus, online sales of personal care products are increasing rapidly. According to a survey in 2018 in the U.S., the online sales of personal care products grew by 24%, and the overall growth in sales of personal care products was 3% – 4%. This shows that a majority of the consumers have moved to online platforms for shopping of personal care products in the U.S. Moreover, the recent digital developments in the Asia-Pacific region, especially in India and Indonesia, will further boost the market for 1,3 butanediol market. The penetration of internet and smart marketing strategies by e-commerce retailers will help in increasing the demand for cosmetic products. Online platforms can provide an option of customization of the product as well. Hence, the shift towards online sales channel worldwide is presenting enormous growth opportunities within the 1,3 butanediol market over the forecast period.

Capacity Expansion and Acquisitions Top Strategies of Key Market Players

Owing to the growing demand for 1,3 butanediol, key players are strategically expanding their production capacity to meet the growing needs of the market. Manufacturers have expanded their R&D facility to cope up with the growing needs of consumers and remain competitive in the ever-increasing global market. The companies are also entering into a long-term partnership with end-use industries, raw material suppliers, and global players, to have a strong presence in the worldwide market. Manufactures such as Godavari bio refineries Ltd. and Genomatica are involved in the production of natural bio-based 1,3 butanediol specifically for cosmetics & personal care industry.

Some of the major expansions and acquisition in the market includes:

  • In June 2019, Daicel corporation, a Japan based chemical company, announced that it will expand its production facility of 1,3-butylene glycol cosmetics grade at Aboshi, Japan plant.
  • In March 2017, Oxea Gmbh, a leading producer of oxo intermediates and derivatives, has started capacity increase project of 1,3 butylene glycol in Bishop, U.S.
  • In July 2019, Godavari Biorefineries Ltd., an Indian based bio refinery company received USDA certified biobased product label for NaturoBG, biobased 1,3 butylene glycol

Genomatica, a biotechnology company has partnered with numerous industry giants such as Covestro, Novamount, Viachem, and Daicel Corporation for the distribution of its bio-based 1,3 butanediol across the globe.

Few of the other companies in the 1,3 butanediol market are also involved in the product innovation, expansion of product line, and collaboration with industry giants and end users to hold a strong position in the market.

1,3 Butanediol Market – Regional Developments in the Market

Manufacturers of 1,3 butanediol are majorly concentrated in North America and Asia Pacific region. North America dominates the global 1,3 butanediol market owing to presence of advanced technologies and production facilities in the region. Moreover, the consumption of the end-product is high in this region. Almost 35% of the overall consumption of 1,3 butanediol is from North America. Moreover, U.S. based manufacturer Genomatica has recently launched its bio-based 1,3 butanediol in the market. Natural products comprise of about 6% of the overall personal care products in North America.

Moreover, the penetration of natural products is high in North America and the European region owing to stringent regulations on cosmetic ingredients and more awareness about the adverse effects of synthetic products. Europe accounts for around 25% of the global cosmetics & personal care market, taking the second position after Asia Pacific. However, the demand for 1,3 butanediol in Europe is moderate owing to limited production of 1,3 butanediol in the region. The demand is majorly driven by strong skin care and hair care products in the region.

Asia Pacific represents the largest share in global personal care products market, with sales fueled mainly by population growth, urbanization and rising per capita spending of consumer. With an increasing working population and awareness about personal appearance and hygiene, the demand for personal care products is increasing in the region. The majority of the demand for 1,3 butanediol is from China, owing to a large population and rapid development of the economy.  However, the demand is completely import driven. Manufacturers form China are focusing on research and development activities and running trials to commercialize the 1,3 butanediol in the region. On the other hand, Japan is one of the major producers and exporters of 1,3 butanediol with the presence of prominent players such as Daicel Corporation and K H Neochem in the region. Moreover, the demand in the developing economies in South Asia such as India and Indonesia has witnessed spurring growth in the coming future.

In Latin America, the demand for 1,3 butanediol has witnessed a steady growth in the coming forecast period owing to a rise in the middle class population and a strong desire for personal grooming. Moreover, the rising economy and growing per capita spending on personal care products of Mexico and Brazil has further boosted the overall demand of 1,3 butanediol. In addition to this, Brazil represents the fourth largest market of global personal care market. The country accounts for around 10% of the global market and penetration of 1,3 butanediol is shallow in the region bringing profitable opportunities for the manufacturers.

In Middle East & Africa, the demand for 1,3 butanediol is progressing owing to the growing demand for natural and premium products, majorly in GCC Countries. In addition to this, UAE represents the largest consumer of personal care industry in the region spurring the growth of 1,3 butanediol. 

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Important Queries Related to the 1,3 Butanediol Market Addressed in the Report:

  1. Who are the most established companies in the 1,3 Butanediol market landscape?
  2. Which regional market is expected to witness the highest market growth?
  3. What are the various factors that are likely to impact the growth of the 1,3 Butanediol market in region 1 and region 2?
  4. What are the various strategies adopted by market players to expand their presence in the 1,3 Butanediol market?
  5. How can the potential market players penetrate the 1,3 Butanediol market in the current scenario?

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1,3 Butanediol Market In-Depth Analysis & Forecast 2019 to 2029

The study on the 1,3 Butanediol Market Research offers a profound comprehension of the market dynamics like opportunities, drivers, trends, and the challenges. The analysis further elaborates on the micro and macro-economic aspects which can be predicted to shape the rise of the 1,3 Butanediol Market throughout the forecast period (2019-2029).

The introduced study elucidates the key indexes of Market growth which contains a comprehensive analysis of CAGR development the value chain, and Porter’s Five Forces Analysis. This data will enable readers to know the qualitative growth parameters of their worldwide market.

Analytical Insights Included at the Report

  • Estimated earnings growth of the 1,3 Butanediol Marketplace during the forecast period
  • Facets expected to Help the growth of the 1,3 Butanediol Market
  • The growth potential of the 1,3 Butanediol Market in a Variety of regions
  • Consumption, pricing structure, and adoption routine of the 1,3 Butanediol
  • Company profiles of major players at the 1,3 Butanediol Market

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1,3 Butanediol Market Segmentation Assessment

The development prospects of this 1,3 Butanediol Marketplace in various Regions are analyzed in the report together with information such as political, the regulatory frame, and economic outlook of each region.

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Advent of Bio-based 1,3 Butanediol to Propel the Global 1,3 Butanediol Market

The rising concerns over environmental degradation and the rising trend of natural personal care products, has led to the emergence of bio-based 1,3 butanediol. Currently, natural ingredients represent only 7% of the overall market. However, they are expected to grow with a healthy CAGR in the coming years. With the rising trend of natural ingredients, manufacturers have introduced bio-based 1,3 butanediol derived from natural, plant-based sugar using fermentation process technology. This innovative approach has a strong demand in cosmetic & personal care industry owing to the growing need for natural ingredients. This bio-based technology helps in reducing global warming and carbon footprint. Manufacturers have successfully commercialized their products in the market. 

  • For instance, Genomatica, a bio-engineering company produces Brontide butylene glycol from sustainable fermentation process technology. The company has recently supplied 600 tons of Brontide in European market.
  • Godavari Biorefineries, a bio-refining company produced bio-based 1,3 butylene glycol “NaturoBG” from renewable resource. NaturoBG has been certified by USDA for 100% bio-based carbon content. The company is also COSMOS (Cosmetic Organic and Natural standard) certified.

Shift Toward Online Sales Channels is Shaping the Cosmetics & Personal Care Market

Fact.MR has identified a massive growth in e-commerce and direct-to-consumer shipping methods. Consumers are turning towards online platforms for personal care products. Besides, they also get the advantage of reviews and ratings for a particular product. Thus, online sales of personal care products are increasing rapidly. According to a survey in 2018 in the U.S., the online sales of personal care products grew by 24%, and the overall growth in sales of personal care products was 3% – 4%. This shows that a majority of the consumers have moved to online platforms for shopping of personal care products in the U.S. Moreover, the recent digital developments in the Asia-Pacific region, especially in India and Indonesia, will further boost the market for 1,3 butanediol market. The penetration of internet and smart marketing strategies by e-commerce retailers will help in increasing the demand for cosmetic products. Online platforms can provide an option of customization of the product as well. Hence, the shift towards online sales channel worldwide is presenting enormous growth opportunities within the 1,3 butanediol market over the forecast period.

Capacity Expansion and Acquisitions Top Strategies of Key Market Players

Owing to the growing demand for 1,3 butanediol, key players are strategically expanding their production capacity to meet the growing needs of the market. Manufacturers have expanded their R&D facility to cope up with the growing needs of consumers and remain competitive in the ever-increasing global market. The companies are also entering into a long-term partnership with end-use industries, raw material suppliers, and global players, to have a strong presence in the worldwide market. Manufactures such as Godavari bio refineries Ltd. and Genomatica are involved in the production of natural bio-based 1,3 butanediol specifically for cosmetics & personal care industry.

Some of the major expansions and acquisition in the market includes:

  • In June 2019, Daicel corporation, a Japan based chemical company, announced that it will expand its production facility of 1,3-butylene glycol cosmetics grade at Aboshi, Japan plant.
  • In March 2017, Oxea Gmbh, a leading producer of oxo intermediates and derivatives, has started capacity increase project of 1,3 butylene glycol in Bishop, U.S.
  • In July 2019, Godavari Biorefineries Ltd., an Indian based bio refinery company received USDA certified biobased product label for NaturoBG, biobased 1,3 butylene glycol

Genomatica, a biotechnology company has partnered with numerous industry giants such as Covestro, Novamount, Viachem, and Daicel Corporation for the distribution of its bio-based 1,3 butanediol across the globe.

Few of the other companies in the 1,3 butanediol market are also involved in the product innovation, expansion of product line, and collaboration with industry giants and end users to hold a strong position in the market.

1,3 Butanediol Market – Regional Developments in the Market

Manufacturers of 1,3 butanediol are majorly concentrated in North America and Asia Pacific region. North America dominates the global 1,3 butanediol market owing to presence of advanced technologies and production facilities in the region. Moreover, the consumption of the end-product is high in this region. Almost 35% of the overall consumption of 1,3 butanediol is from North America. Moreover, U.S. based manufacturer Genomatica has recently launched its bio-based 1,3 butanediol in the market. Natural products comprise of about 6% of the overall personal care products in North America.

Moreover, the penetration of natural products is high in North America and the European region owing to stringent regulations on cosmetic ingredients and more awareness about the adverse effects of synthetic products. Europe accounts for around 25% of the global cosmetics & personal care market, taking the second position after Asia Pacific. However, the demand for 1,3 butanediol in Europe is moderate owing to limited production of 1,3 butanediol in the region. The demand is majorly driven by strong skin care and hair care products in the region.

Asia Pacific represents the largest share in global personal care products market, with sales fueled mainly by population growth, urbanization and rising per capita spending of consumer. With an increasing working population and awareness about personal appearance and hygiene, the demand for personal care products is increasing in the region. The majority of the demand for 1,3 butanediol is from China, owing to a large population and rapid development of the economy.  However, the demand is completely import driven. Manufacturers form China are focusing on research and development activities and running trials to commercialize the 1,3 butanediol in the region. On the other hand, Japan is one of the major producers and exporters of 1,3 butanediol with the presence of prominent players such as Daicel Corporation and K H Neochem in the region. Moreover, the demand in the developing economies in South Asia such as India and Indonesia has witnessed spurring growth in the coming future.

In Latin America, the demand for 1,3 butanediol has witnessed a steady growth in the coming forecast period owing to a rise in the middle class population and a strong desire for personal grooming. Moreover, the rising economy and growing per capita spending on personal care products of Mexico and Brazil has further boosted the overall demand of 1,3 butanediol. In addition to this, Brazil represents the fourth largest market of global personal care market. The country accounts for around 10% of the global market and penetration of 1,3 butanediol is shallow in the region bringing profitable opportunities for the manufacturers.

In Middle East & Africa, the demand for 1,3 butanediol is progressing owing to the growing demand for natural and premium products, majorly in GCC Countries. In addition to this, UAE represents the largest consumer of personal care industry in the region spurring the growth of 1,3 butanediol. 

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The Report aims to resolve the subsequent doubts regarding the 1,3 Butanediol Economy:

  1. What Would be the trends that are dictating the development of the 1,3 Butanediol Market?
  2. What Is your reach of innovation in the current 1,3 Butanediol Market landscape?
  3. How Will the recent amendments in the industrial coverages in place 1 and region 2 affect the development of the market?
  4. What Is the value of the 1,3 Butanediol Market in 2029?
  5. That Regional market is predicted to witness the highest CAGR increase during the assessment period?

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2,3 Butanediol Market size in terms of volume and value 2019-2025

An Overview of the Global 2,3 Butanediol Market

The global 2,3 Butanediol market study touches on the growth prospects of the market during the historic period (2014-2018) as well as the forecast period (2019-2029). The report introspects the various factors that are projected to influence the growth trajectory of the 2,3 Butanediol market including the trends, drivers, and restraints.

The report offers a segment-wise analysis of the global 2,3 Butanediol market wherein the value, market share and growth of each segment is provided in detail. On the basis of product type, the 2,3 Butanediol market is bifurcated into product 1, product 2, product 3, and product 4. In addition, based on the application type, the market is segmented into application 1, application 2, application 3, and application 4.

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The report outlines the current competitive landscape of the global 2,3 Butanediol market and throws light on the developments made by key vendors in the market. Some of most established players taken into consideration include:

The report provides a region-wise analysis of the global 2,3 Butanediol market and tracks the major developments, technological advances, regulatory changes, and other factors that are forecasted to impact the growth of the market in each region.

Segment by Type, the 2,3 Butanediol market is segmented into
Content 90%-95%
Content95%

Segment by Application, the 2,3 Butanediol market is segmented into
Chemical Solvent
Food and Beverage Additive
Others

Regional and Country-level Analysis
The 2,3 Butanediol market is analysed and market size information is provided by regions (countries).
The key regions covered in the 2,3 Butanediol market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape and 2,3 Butanediol Market Share Analysis
2,3 Butanediol market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in 2,3 Butanediol business, the date to enter into the 2,3 Butanediol market, 2,3 Butanediol product introduction, recent developments, etc.
The major vendors covered:
Lanzatech
Yancheng Hongtai Bioengineering
Yancheng Huade Biological
Glory

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The presented study provides a thorough analysis for the following information:

  • Year-on-year growth assessment of the various regional markets
  • Evolving consumption trends of each market segment
  • Recent mergers, collaborations, partnerships, agreements, and research activities within the 2,3 Butanediol market
  • Growth analysis of the different products, applications, and end use industries
  • Historical and future trends influencing the prospects of the 2,3 Butanediol market during the forecast period

The well-researched study provides answers to some key questions such as:

  1. What is the most prominent trends that can be observed in the global 2,3 Butanediol market?
  2. What are the various factors expected to shape the growth of the global 2,3 Butanediol market?
  3. Which recent innovations or product launches in the 2,3 Butanediol market are making the headlines?
  4. What is the USP of the top selling products in the 2,3 Butanediol market?
  5. What is the most preferred growth strategy adopted by market players?

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1,3 Butanediol Market Foraying into Emerging Economies 2019 to 2029

Assessment of the Global 1,3 Butanediol Market

Fact. MR’s latest published report on the global 1,3 Butanediol market highlights the important parameters that are expected to influence market growth in the upcoming years. Further, by taking into account the historical data collected from the period 2015-2019 and analyzing the current trends and market scenario, the analysts offer highly accurate estimates regarding the future prospects of the market.

The study further highlights the key market trends in the current market landscape and its potential impact on the future dynamics of the market. The micro and macro-economic growth indicators are thoroughly investigated in the presented report while predicting the course of the 1,3 Butanediol market during the forecast period (2020-2025).

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Critical Questions Answered

  1. What is the projected market size of the 1,3 Butanediol market in 2019?
  2. What are the growth prospects of the emerging market players in the 1,3 Butanediol market?
  3. Who are the leading 1,3 Butanediol manufacturers?
  4. What is the most adopted distribution channel adopted by players in the 1,3 Butanediol market?
  5. The market in which region is expected to witness the highest growth over the forecast period?

Key Takeaways from the 1,3 Butanediol Market Report

  • Timeline of the technological developments within the 1,3 Butanediol market landscape
  • New product launches and innovations
  • Consumption analysis of the 1,3 Butanediol in end markets
  • Scope of innovation in the 1,3 Butanediol market
  • Winning strategies of established players in the 1,3 Butanediol market

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1,3 Butanediol Market Segmentation

The report is split into different market segments to enable readers to understand the various aspects of the 1,3 Butanediol market at the microscopic level. Different segments included in the presented report:

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Advent of Bio-based 1,3 Butanediol to Propel the Global 1,3 Butanediol Market

The rising concerns over environmental degradation and the rising trend of natural personal care products, has led to the emergence of bio-based 1,3 butanediol. Currently, natural ingredients represent only 7% of the overall market. However, they are expected to grow with a healthy CAGR in the coming years. With the rising trend of natural ingredients, manufacturers have introduced bio-based 1,3 butanediol derived from natural, plant-based sugar using fermentation process technology. This innovative approach has a strong demand in cosmetic & personal care industry owing to the growing need for natural ingredients. This bio-based technology helps in reducing global warming and carbon footprint. Manufacturers have successfully commercialized their products in the market. 

  • For instance, Genomatica, a bio-engineering company produces Brontide butylene glycol from sustainable fermentation process technology. The company has recently supplied 600 tons of Brontide in European market.
  • Godavari Biorefineries, a bio-refining company produced bio-based 1,3 butylene glycol “NaturoBG” from renewable resource. NaturoBG has been certified by USDA for 100% bio-based carbon content. The company is also COSMOS (Cosmetic Organic and Natural standard) certified.

Shift Toward Online Sales Channels is Shaping the Cosmetics & Personal Care Market

Fact.MR has identified a massive growth in e-commerce and direct-to-consumer shipping methods. Consumers are turning towards online platforms for personal care products. Besides, they also get the advantage of reviews and ratings for a particular product. Thus, online sales of personal care products are increasing rapidly. According to a survey in 2018 in the U.S., the online sales of personal care products grew by 24%, and the overall growth in sales of personal care products was 3% – 4%. This shows that a majority of the consumers have moved to online platforms for shopping of personal care products in the U.S. Moreover, the recent digital developments in the Asia-Pacific region, especially in India and Indonesia, will further boost the market for 1,3 butanediol market. The penetration of internet and smart marketing strategies by e-commerce retailers will help in increasing the demand for cosmetic products. Online platforms can provide an option of customization of the product as well. Hence, the shift towards online sales channel worldwide is presenting enormous growth opportunities within the 1,3 butanediol market over the forecast period.

Capacity Expansion and Acquisitions Top Strategies of Key Market Players

Owing to the growing demand for 1,3 butanediol, key players are strategically expanding their production capacity to meet the growing needs of the market. Manufacturers have expanded their R&D facility to cope up with the growing needs of consumers and remain competitive in the ever-increasing global market. The companies are also entering into a long-term partnership with end-use industries, raw material suppliers, and global players, to have a strong presence in the worldwide market. Manufactures such as Godavari bio refineries Ltd. and Genomatica are involved in the production of natural bio-based 1,3 butanediol specifically for cosmetics & personal care industry.

Some of the major expansions and acquisition in the market includes:

  • In June 2019, Daicel corporation, a Japan based chemical company, announced that it will expand its production facility of 1,3-butylene glycol cosmetics grade at Aboshi, Japan plant.
  • In March 2017, Oxea Gmbh, a leading producer of oxo intermediates and derivatives, has started capacity increase project of 1,3 butylene glycol in Bishop, U.S.
  • In July 2019, Godavari Biorefineries Ltd., an Indian based bio refinery company received USDA certified biobased product label for NaturoBG, biobased 1,3 butylene glycol

Genomatica, a biotechnology company has partnered with numerous industry giants such as Covestro, Novamount, Viachem, and Daicel Corporation for the distribution of its bio-based 1,3 butanediol across the globe.

Few of the other companies in the 1,3 butanediol market are also involved in the product innovation, expansion of product line, and collaboration with industry giants and end users to hold a strong position in the market.

1,3 Butanediol Market – Regional Developments in the Market

Manufacturers of 1,3 butanediol are majorly concentrated in North America and Asia Pacific region. North America dominates the global 1,3 butanediol market owing to presence of advanced technologies and production facilities in the region. Moreover, the consumption of the end-product is high in this region. Almost 35% of the overall consumption of 1,3 butanediol is from North America. Moreover, U.S. based manufacturer Genomatica has recently launched its bio-based 1,3 butanediol in the market. Natural products comprise of about 6% of the overall personal care products in North America.

Moreover, the penetration of natural products is high in North America and the European region owing to stringent regulations on cosmetic ingredients and more awareness about the adverse effects of synthetic products. Europe accounts for around 25% of the global cosmetics & personal care market, taking the second position after Asia Pacific. However, the demand for 1,3 butanediol in Europe is moderate owing to limited production of 1,3 butanediol in the region. The demand is majorly driven by strong skin care and hair care products in the region.

Asia Pacific represents the largest share in global personal care products market, with sales fueled mainly by population growth, urbanization and rising per capita spending of consumer. With an increasing working population and awareness about personal appearance and hygiene, the demand for personal care products is increasing in the region. The majority of the demand for 1,3 butanediol is from China, owing to a large population and rapid development of the economy.  However, the demand is completely import driven. Manufacturers form China are focusing on research and development activities and running trials to commercialize the 1,3 butanediol in the region. On the other hand, Japan is one of the major producers and exporters of 1,3 butanediol with the presence of prominent players such as Daicel Corporation and K H Neochem in the region. Moreover, the demand in the developing economies in South Asia such as India and Indonesia has witnessed spurring growth in the coming future.

In Latin America, the demand for 1,3 butanediol has witnessed a steady growth in the coming forecast period owing to a rise in the middle class population and a strong desire for personal grooming. Moreover, the rising economy and growing per capita spending on personal care products of Mexico and Brazil has further boosted the overall demand of 1,3 butanediol. In addition to this, Brazil represents the fourth largest market of global personal care market. The country accounts for around 10% of the global market and penetration of 1,3 butanediol is shallow in the region bringing profitable opportunities for the manufacturers.

In Middle East & Africa, the demand for 1,3 butanediol is progressing owing to the growing demand for natural and premium products, majorly in GCC Countries. In addition to this, UAE represents the largest consumer of personal care industry in the region spurring the growth of 1,3 butanediol. 

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The growth projection of each segment and sub-segment is accurately represented in the report along with relevant figures, tables, and graphs.

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Research report covers the 2,3 Butanediol Market Forecasts and Growth, 2019-2025

2,3 Butanediol market report: A rundown

The 2,3 Butanediol market’s business intelligence report extensively offers a summary of vital factors including the product classification, critical explanation, and other industry-connected data.

The report also encloses the crucial aspects connected with the recent events such as new product launches, mergers & acquisitions, and alliances. The report, in addition, provides a strong blueprint for gathering myriads of information that likely purchasers can use for assuring greater profits at reduced capitals. The data depiction on 2,3 Butanediol market segmentation by type, application, and geography offers a critical viewpoint of, what manufacturers are seeing for the stipulated timeframe, 2019 – 2026.

This article will help the 2,3 Butanediol manufacturers recognize the volume accrual overlook with influencing trends.

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An in-depth list of key vendors in 2,3 Butanediol market include:

Segment by Type, the 2,3 Butanediol market is segmented into
Content 90%-95%
Content95%

Segment by Application, the 2,3 Butanediol market is segmented into
Chemical Solvent
Food and Beverage Additive
Others

Regional and Country-level Analysis
The 2,3 Butanediol market is analysed and market size information is provided by regions (countries).
The key regions covered in the 2,3 Butanediol market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape and 2,3 Butanediol Market Share Analysis
2,3 Butanediol market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in 2,3 Butanediol business, the date to enter into the 2,3 Butanediol market, 2,3 Butanediol product introduction, recent developments, etc.
The major vendors covered:
Lanzatech
Yancheng Hongtai Bioengineering
Yancheng Huade Biological
Glory

The market study highlights the covered segments based on BPS, market share, profit, and other crucial factors. Our business report explains the effect of various segments to the growth of the global 2,3 Butanediol market. It also accords insights on key trends regarding the segments enveloped in the report. This aids market participants to address worthwhile areas of the global 2,3 Butanediol market. The market research also offers individual examination on the segments based on absolute dollar opportunity.   

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The research attempts to clear many queries including the below-mentioned ones:

  1. Who is your potential purchaser of your product or service globally?
  2. What hindrances will the players running the 2,3 Butanediol market run across?
  3. What demands are the prominent vendors looking to fulfill by the stipulated timeframe 2025?
  4. What qualities do the customers seek while making a purchase of 2,3 Butanediol ?
  5. Who are your main business contenders?
  6. How will the competitive arena look like between the foreseeable period 2018 to 2025?
  7. What are the trends influencing the performance of the 2,3 Butanediol market?
  8. What will be the price of the offerings and services across various regions?

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  1. Competitive Assessment
  2. Patent Evaluation
  3. R & D Inspection
  4. Mergers And Acquisitions
  5. Regional Demand Estimation And Premonition
  6. Region Quotients Assessment
  7. Carbon Emission Analysis
  8. Supply Chain Augmentation Analysis
  9. Starting Material Sourcing Method
  10. Technological Updates Survey
  11. Price Benefit Evaluation
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Market Reports News

1,3-Butanediol Market Progresses for Huge Profits by 2025 with demanding Key Players like – OXEA, DAICEL, KH Neochem, Kokyu Alcohol

Latest Research Report: 1,3-Butanediol industry

1,3-Butanediol Market report is to provide accurate and strategic analysis of the Profile Projectors industry. The report closely examines each segment and its sub-segment futures before looking at the 360-degree view of the market mentioned above. Market forecasts will provide deep insight into industry parameters by accessing growth, consumption, upcoming market trends and various price fluctuations.

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

1,3-Butanediol Market competition by top manufacturers as follow: , OXEA, DAICEL, KH Neochem, Kokyu Alcohol,

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Global 1,3-Butanediol Market research reports growth rates and market value based on market dynamics, growth factors. Complete knowledge is based on the latest innovations in the industry, opportunities and trends. In addition to SWOT analysis by key suppliers, the report contains a comprehensive market analysis and major player’s landscape.
The Type Coverage in the Market are:
Chemical synthesis
Fermentation

Market Segment by Applications, covers:
Cosmetic use
Industrial use

Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa

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Important Features of the report:

  • Detailed analysis of the 1,3-Butanediol market
  • Fluctuating market dynamics of the industry
  • Detailed market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of the market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Reasons for buying this report:

  • It offers an analysis of changing competitive scenario.
  • For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
  • It offers a seven-year assessment of the Global 1,3-Butanediol
  • It helps in understanding the major key product segments.
  • Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
  • It offers the regional analysis of the Global 1,3-Butanediol Market along with the business profiles of several stakeholders.
  • It offers massive data about trending factors that will influence the progress of the Global 1,3-Butanediol

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1,3 Butanediol Market Trends with Forecast up to 2019 to 2029

The comprehensive report published by Fact.MR offers an in-depth intelligence related to the various factors that are likely to impact the demand, revenue generation, and sales of the 1,3 Butanediol market. In addition, the report singles out the different parameters that are expected to influence the overall dynamics of the 1,3 Butanediol market during the forecast period (2019-2029).

As per the findings of the presented study, the 1,3 Butanediol market is poised to surpass the value of ~US$ XX by the end of 2029 growing at a CAGR of ~XX% over the assessment period. The report includes a thorough analysis of the upstream raw materials, supply-demand ratio of the 1,3 Butanediol in different regions, import-export trends and more to provide readers a fair understanding of the global market scenario.

The report segregates the 1,3 Butanediol market into different segments to provide a detailed understanding of the various aspects of the market.

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Competitive Outlook

The competitive analysis of the 1,3 Butanediol market includes valuable insights based on which, market players can formulate impactful growth strategies to enhance their presence in the 1,3 Butanediol market.

Regional Analysis

The regional analysis section of the report throws light on the growth prospects of the 1,3 Butanediol market in each region supported by relevant graphs, tables, and figures.

End-Use Industry 1,3 Butanediol Adoption Analysis

The market study sheds light on the forecasted demand/consumption pattern for the 1,3 Butanediol from different end-use industries over the forecast period.

competition landscape, request for a free report sample here

Advent of Bio-based 1,3 Butanediol to Propel the Global 1,3 Butanediol Market

The rising concerns over environmental degradation and the rising trend of natural personal care products, has led to the emergence of bio-based 1,3 butanediol. Currently, natural ingredients represent only 7% of the overall market. However, they are expected to grow with a healthy CAGR in the coming years. With the rising trend of natural ingredients, manufacturers have introduced bio-based 1,3 butanediol derived from natural, plant-based sugar using fermentation process technology. This innovative approach has a strong demand in cosmetic & personal care industry owing to the growing need for natural ingredients. This bio-based technology helps in reducing global warming and carbon footprint. Manufacturers have successfully commercialized their products in the market. 

  • For instance, Genomatica, a bio-engineering company produces Brontide butylene glycol from sustainable fermentation process technology. The company has recently supplied 600 tons of Brontide in European market.
  • Godavari Biorefineries, a bio-refining company produced bio-based 1,3 butylene glycol “NaturoBG” from renewable resource. NaturoBG has been certified by USDA for 100% bio-based carbon content. The company is also COSMOS (Cosmetic Organic and Natural standard) certified.

Shift Toward Online Sales Channels is Shaping the Cosmetics & Personal Care Market

Fact.MR has identified a massive growth in e-commerce and direct-to-consumer shipping methods. Consumers are turning towards online platforms for personal care products. Besides, they also get the advantage of reviews and ratings for a particular product. Thus, online sales of personal care products are increasing rapidly. According to a survey in 2018 in the U.S., the online sales of personal care products grew by 24%, and the overall growth in sales of personal care products was 3% – 4%. This shows that a majority of the consumers have moved to online platforms for shopping of personal care products in the U.S. Moreover, the recent digital developments in the Asia-Pacific region, especially in India and Indonesia, will further boost the market for 1,3 butanediol market. The penetration of internet and smart marketing strategies by e-commerce retailers will help in increasing the demand for cosmetic products. Online platforms can provide an option of customization of the product as well. Hence, the shift towards online sales channel worldwide is presenting enormous growth opportunities within the 1,3 butanediol market over the forecast period.

Capacity Expansion and Acquisitions Top Strategies of Key Market Players

Owing to the growing demand for 1,3 butanediol, key players are strategically expanding their production capacity to meet the growing needs of the market. Manufacturers have expanded their R&D facility to cope up with the growing needs of consumers and remain competitive in the ever-increasing global market. The companies are also entering into a long-term partnership with end-use industries, raw material suppliers, and global players, to have a strong presence in the worldwide market. Manufactures such as Godavari bio refineries Ltd. and Genomatica are involved in the production of natural bio-based 1,3 butanediol specifically for cosmetics & personal care industry.

Some of the major expansions and acquisition in the market includes:

  • In June 2019, Daicel corporation, a Japan based chemical company, announced that it will expand its production facility of 1,3-butylene glycol cosmetics grade at Aboshi, Japan plant.
  • In March 2017, Oxea Gmbh, a leading producer of oxo intermediates and derivatives, has started capacity increase project of 1,3 butylene glycol in Bishop, U.S.
  • In July 2019, Godavari Biorefineries Ltd., an Indian based bio refinery company received USDA certified biobased product label for NaturoBG, biobased 1,3 butylene glycol

Genomatica, a biotechnology company has partnered with numerous industry giants such as Covestro, Novamount, Viachem, and Daicel Corporation for the distribution of its bio-based 1,3 butanediol across the globe.

Few of the other companies in the 1,3 butanediol market are also involved in the product innovation, expansion of product line, and collaboration with industry giants and end users to hold a strong position in the market.

1,3 Butanediol Market – Regional Developments in the Market

Manufacturers of 1,3 butanediol are majorly concentrated in North America and Asia Pacific region. North America dominates the global 1,3 butanediol market owing to presence of advanced technologies and production facilities in the region. Moreover, the consumption of the end-product is high in this region. Almost 35% of the overall consumption of 1,3 butanediol is from North America. Moreover, U.S. based manufacturer Genomatica has recently launched its bio-based 1,3 butanediol in the market. Natural products comprise of about 6% of the overall personal care products in North America.

Moreover, the penetration of natural products is high in North America and the European region owing to stringent regulations on cosmetic ingredients and more awareness about the adverse effects of synthetic products. Europe accounts for around 25% of the global cosmetics & personal care market, taking the second position after Asia Pacific. However, the demand for 1,3 butanediol in Europe is moderate owing to limited production of 1,3 butanediol in the region. The demand is majorly driven by strong skin care and hair care products in the region.

Asia Pacific represents the largest share in global personal care products market, with sales fueled mainly by population growth, urbanization and rising per capita spending of consumer. With an increasing working population and awareness about personal appearance and hygiene, the demand for personal care products is increasing in the region. The majority of the demand for 1,3 butanediol is from China, owing to a large population and rapid development of the economy.  However, the demand is completely import driven. Manufacturers form China are focusing on research and development activities and running trials to commercialize the 1,3 butanediol in the region. On the other hand, Japan is one of the major producers and exporters of 1,3 butanediol with the presence of prominent players such as Daicel Corporation and K H Neochem in the region. Moreover, the demand in the developing economies in South Asia such as India and Indonesia has witnessed spurring growth in the coming future.

In Latin America, the demand for 1,3 butanediol has witnessed a steady growth in the coming forecast period owing to a rise in the middle class population and a strong desire for personal grooming. Moreover, the rising economy and growing per capita spending on personal care products of Mexico and Brazil has further boosted the overall demand of 1,3 butanediol. In addition to this, Brazil represents the fourth largest market of global personal care market. The country accounts for around 10% of the global market and penetration of 1,3 butanediol is shallow in the region bringing profitable opportunities for the manufacturers.

In Middle East & Africa, the demand for 1,3 butanediol is progressing owing to the growing demand for natural and premium products, majorly in GCC Countries. In addition to this, UAE represents the largest consumer of personal care industry in the region spurring the growth of 1,3 butanediol. 

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Key findings of the report:

  • Intricate assessment of the competitive landscape of the 1,3 Butanediol market
  • Country-specific analysis of the supply-demand ration for the 1,3 Butanediol in different geographies
  • Influence of technological advancements on the 1,3 Butanediol market
  • SWOT analysis of each company profiled in the report
  • Y-o-Y growth projection for different market segments

The report aims to eliminate the following doubts related to the 1,3 Butanediol market:

  1. Which market segment is projected to generate the maximum revenue during the forecast period?
  2. Which region is expected to present lucrative opportunities for market players?
  3. What are the most preferred sales and distribution channels in the 1,3 Butanediol market?
  4. What are the potential roadblocks market players are likely to face during the forecast period?
  5. Which market player is expected to dominate the 1,3 Butanediol market in terms of market share in 2019?

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