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.
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.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Chemical Synthesis
- Fermentation
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into