The purpose of this comprehensive forecast report presented by FactMR is to elaborate the various market projections impacting the global 1 3-butanediol market size during the period through 2019-2029 The 1 3-butanediol market analysis report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market development. Each segment along with its sub-segment is analyzed in terms of value and volume.
The 1, 3 butanediol market report highlights the following players:
- Godavari Biorefineries Ltd.
- Penta Manufacturing Company
- Daicel Corporation
- KH Neochem
The 1, 3 butanediol market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.
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 1, 3 butanediol market report offers a plethora of insights which include:
- Changing consumption pattern among individuals globally.
- Historical and future progress of the global 1, 3 butanediol market.
- Region-wise and country-wise segmentation of the 1, 3 butanediol market to understand the revenue, and growth lookout in these areas.
- Accurate Year-on-Year growth of the global 1, 3 butanediol market.
- Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global 1, 3 butanediol market.
The 1, 3 butanediol market report answers important questions which include:
- Which regulatory authorities have granted approval to the application of 1, 3 butanediol in chemical & material industry?
- How will the global 1, 3 butanediol market grow over the forecast period?
- Which end use industry is set to become the leading consumer of 1, 3 butanediol by 2029?
- What manufacturing techniques are involved in the production of the 1, 3 butanediol?
- Which regions are the 1, 3 butanediol market players targeting to channelize their production portfolio?
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Fact.MR’s study envisages the global 1,3 butanediol market to witness a compound annual growth of around 4.8% during the long-term forecast. The market continues to witness amplified growth owing to the high demand for cosmetics & personal care applications, specifically skin care and hair care products. The global cosmetic & personal care industry is the fastest growing consumer industry driven by an increase in consumer awareness, growth in emerging markets, rise in per capita spending on cosmetics & personal care products and growing online sales channels.