Global 1,4 Butylene Glycol (1,4BG) market cagr 8.8%

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1,4 Butylene Glycol (1,4BG) Market

1,4 Butylene Glycol (1,4BG) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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1,4 Butylene Glycol (1,4BG) Market Size and Growth

The 1,4 Butylene Glycol (1,4BG) market is expanding, driven by its applications in cosmetics, pharmaceuticals, and industrial sectors. As of recent assessments, the market size is estimated to reach $X million by 20XX, with a CAGR of X% indicating robust growth due to rising demand for safe, versatile chemical products.

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Companies Covered

(Covid 19 Impact Covered)

◍ Basf

◍ Ashland

◍ Toronto Research Chemicals

◍ SANKYO CHEMICAL

◍ Merck

◍ Spectrum Chemical

◍ Revolvy

The 1,4 Butylene Glycol (1,4BG) market is driven by companies like BASF, Ashland, Merck, and others. They utilize 1,4BG in cosmetics, pharmaceuticals, and food industries. Their innovation and product development foster market growth. Specific sales figures include BASF's approximate annual revenue of $40 billion and Merck’s around $24 billion.

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Market Segmentation

By Application

◍ PBT (Polybutylene terephthalate) Resin

Raw Material

◍ Polyurethane Resin Raw Material

◍ Other Polyester Raw Materials

By Product

◍ Purity 99.5% Type

◍ Purity 99.6% Type

◍ Purity 99.7% Type

◍ Purity 99.8% Type

◍ Purity 99.9% Type

◍ Others

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Market Growth

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$ X Billion USD

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