Product Code: ETC233364 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India 1,3-butylene glycol market import shipments demonstrated a strong growth trend with a notable CAGR from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024, indicating a slowdown in the market expansion during that period. Overall, the market exhibited momentum but experienced a temporary deceleration in growth.
The India 13-butylene glycol market is a specialized segment within the country`s chemical industry. 13-butylene glycol is a chemical compound used in various applications, including cosmetics, pharmaceuticals, and industrial products. The market is driven by factors such as the growth of end-use industries, increasing demand for personal care and beauty products, and the rising adoption of 13-butylene glycol as a solvent and chemical intermediate. The market comprises manufacturers and suppliers offering high-quality 13-butylene glycol to cater to diverse industrial and consumer needs in India.
The India 13-butylene glycol market is driven by several factors. Firstly, the increasing application of 13-butylene glycol as a chemical intermediate in the production of pharmaceuticals, cosmetics, and personal care products contributes to the market`s growth. The compound`s properties as a solvent and humectant make it suitable for various formulations in the pharmaceutical and cosmetic industries. Secondly, the growth of the healthcare and personal care sectors in India has increased the demand for 13-butylene glycol as an essential ingredient in a wide range of products. Additionally, the expansion of chemical manufacturing and the presence of key manufacturers of 13-butylene glycol in the country further impact the market`s dynamics.
The India 13-butylene glycol market faces challenges related to the limited application areas and demand for the chemical in the country. The availability of low-cost substitutes and alternatives can hinder the growth of the market. The need for expanding application areas and raising awareness about the benefits of 13-butylene glycol poses a challenge for manufacturers.
The India 13-butylene glycol market faced supply chain disruptions during the pandemic, impacting manufacturing activities. With reduced production and logistics challenges, the demand for 13-butylene glycol fluctuated. However, with the gradual recovery of industries, the market is expected to stabilize.
The India 13-butylene glycol market is served by chemical manufacturers involved in the production and supply of this organic compound. Some notable players include Sasol India Pvt. Ltd., Parchem Fine & Specialty Chemicals, and Dow Chemical International Pvt. Ltd. These companies are engaged in the production of 13-butylene glycol for use in various industries, including cosmetics, pharmaceuticals, and textiles. Their focus on quality, safety, and regulatory compliance has made them key players in the 13-butylene glycol market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India 1,3-butylene Glycol Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India 1,3-butylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 India 1,3-butylene Glycol Market - Industry Life Cycle |
3.4 India 1,3-butylene Glycol Market - Porter's Five Forces |
3.5 India 1,3-butylene Glycol Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India 1,3-butylene Glycol Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 India 1,3-butylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India 1,3-butylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for 1,3-butylene glycol in the pharmaceutical industry for applications such as drug formulations and excipients. |
4.2.2 Growing awareness about the benefits of using 1,3-butylene glycol in personal care and cosmetics products due to its moisturizing properties. |
4.2.3 Rise in the production of polyester resins, which use 1,3-butylene glycol as a key raw material. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the manufacturing of 1,3-butylene glycol, impacting production costs. |
4.3.2 Stringent government regulations related to environmental concerns and product safety could hinder market growth. |
5 India 1,3-butylene Glycol Market Trends |
6 India 1,3-butylene Glycol Market, By Types |
6.1 India 1,3-butylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India 1,3-butylene Glycol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India 1,3-butylene Glycol Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.1.4 India 1,3-butylene Glycol Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.2 India 1,3-butylene Glycol Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 India 1,3-butylene Glycol Market Revenues & Volume, By Humectant, 2021-2031F |
6.2.3 India 1,3-butylene Glycol Market Revenues & Volume, By Emollient, 2021-2031F |
6.2.4 India 1,3-butylene Glycol Market Revenues & Volume, By Stabilizer, 2021-2031F |
6.2.5 India 1,3-butylene Glycol Market Revenues & Volume, By Intermediate, 2021-2031F |
6.3 India 1,3-butylene Glycol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India 1,3-butylene Glycol Market Revenues & Volume, By Cosmetic & Personal Care Products, 2021-2031F |
6.3.3 India 1,3-butylene Glycol Market Revenues & Volume, By Food Products, 2021-2031F |
7 India 1,3-butylene Glycol Market Import-Export Trade Statistics |
7.1 India 1,3-butylene Glycol Market Export to Major Countries |
7.2 India 1,3-butylene Glycol Market Imports from Major Countries |
8 India 1,3-butylene Glycol Market Key Performance Indicators |
8.1 Research and development investment in innovative applications of 1,3-butylene glycol. |
8.2 Number of new product launches containing 1,3-butylene glycol in different industries. |
8.3 Adoption rate of 1,3-butylene glycol in emerging sectors such as food and beverage for applications like flavoring agents. |
9 India 1,3-butylene Glycol Market - Opportunity Assessment |
9.1 India 1,3-butylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India 1,3-butylene Glycol Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 India 1,3-butylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India 1,3-butylene Glycol Market - Competitive Landscape |
10.1 India 1,3-butylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 India 1,3-butylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |