Market Forecast By Product (Pharmaceutical Grade, Industrial Grade), By Function (Humectant, Emollient, Stabilizer, Intermediate), By Application (Cosmetic & Personal Care Products, Food Products) And Competitive Landscape
Product Code: ETC233365 | Publication Date: Aug 2022 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Thailand 13-butylene Glycol Market |
Forecast Period | 2025-2031 |
CAGR | 6.9% |
Growing Sector | The Cosmetic and Personal Care industry |
Thailand 1,3-Butylene Glycol Market report thoroughly covers the market product, by function, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The 1,3-butylene Glycol market in Thailand is growing rapidly owing to its applications in various sectors, including cosmetics, pharmaceuticals, and chemicals. With the growing personal care and pharmaceutical sector growth, the demand for 1,3-butylene Glycol is also increasing rapidly. With increasing domestic & international market demand for chemical products is leading to leaving a positive impact on the country’s chemical manufacturing sector, hence the demand for 1,3-Butylene Glycol (1,3-BG) is also increasing.
According to 6Wresearch, the Thailand 1,3-Butylene Glycol Market size is expected to reach a CAGR of 6.9% during the forecast period 2025-2031. The growing demand for skincare and personal care products and the increase in awareness of the benefits of using natural and sustainable products are some of the main drivers of Thailand's 1,3-butylene Glycol industry. Thailand's government has also played a substantial role in encouraging domestic production of 1,3-BG by providing incentives and supporting research and development.
However, some challenges the market is facing are fluctuations in raw material prices and the high cost of route production. Nevertheless, the market still has a huge scope to grow substantially with the growing trend of using natural and sustainable products has opened up more opportunities for the market. With an increased focus on eco-friendly alternatives, companies in the 1,3-BG market are exploring route production methods. There are also increased opportunities for market players to participate in the growing skincare and personal care product markets, and there is a rising demand for innovative and high-quality products.
The Thai Government aims to support local production and reduce import dependency in the chemical industry by providing incentives and regulatory support. The Board of Investment Thailand has approved a range of privileges and tax incentives for companies looking to invest and manufacture locally. The government also encourages the use of eco-friendly and sustainable products, providing opportunities for companies looking to enter the market.
The key players in the Thailand 1,3-Butylene Glycol market are mainly international speciality chemical companies with a presence in the country, such as BASF, Evonik Industries AG, and Mitsui Chemicals. However, there are emerging local companies such as Bangkok Synthetics, Srithai Aromatic, and Sukano Group.
Thailand 1,3-Butylene Glycol Market share is expected to secure a double-digit rate in the future with the rising shift towards eco-friendly and organic products, as it has many properties, including its ability to moisturize the skin and hair while being non-toxic and hypoallergenic. With increased consumer awareness and demand, manufacturers have been using 1,3-butylene Glycol as an eco-friendly alternative in beauty and skincare products. Consumers are becoming more aware of the importance of nutrition and are looking for health-conscious alternatives. Manufacturers are working on catering for the growing demand, and 1,3-butylene Glycol is seen as a crucial ingredient in this aspect.
According to Dhaval, Research Manager, 6Wresearch, the pharmaceutical grade is leading in the market due to its various favourable aspects such as safety, purity, versatility, and rigorous testing.
Based on the application, the cosmetic and personal care industry remains the dominant application with the growing demand for high-quality and safe cosmetic and personal care products and processed foods driving the growth of the market.
The report offers a comprehensive study of the subsequent market segments:
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 Thailand 1,3-butylene Glycol Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand 1,3-butylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand 1,3-butylene Glycol Market - Industry Life Cycle |
3.4 Thailand 1,3-butylene Glycol Market - Porter's Five Forces |
3.5 Thailand 1,3-butylene Glycol Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand 1,3-butylene Glycol Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Thailand 1,3-butylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand 1,3-butylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for personal care and cosmetic products in Thailand |
4.2.2 Increasing adoption of 1,3-butylene glycol in the pharmaceutical industry |
4.2.3 Favorable government regulations supporting the use of bio-based chemicals |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of 1,3-butylene glycol |
4.3.2 Intense competition from other glycol products in the market |
4.3.3 Impact of economic fluctuations on consumer spending on end-products |
5 Thailand 1,3-butylene Glycol Market Trends |
6 Thailand 1,3-butylene Glycol Market, By Types |
6.1 Thailand 1,3-butylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Pharmaceutical Grade, 2021 - 2031F |
6.1.4 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Industrial Grade, 2021 - 2031F |
6.2 Thailand 1,3-butylene Glycol Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Humectant, 2021 - 2031F |
6.2.3 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Emollient, 2021 - 2031F |
6.2.4 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Stabilizer, 2021 - 2031F |
6.2.5 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Intermediate, 2021 - 2031F |
6.3 Thailand 1,3-butylene Glycol Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Cosmetic & Personal Care Products, 2021 - 2031F |
6.3.3 Thailand 1,3-butylene Glycol Market Revenues & Volume, By Food Products, 2021 - 2031F |
7 Thailand 1,3-butylene Glycol Market Import-Export Trade Statistics |
7.1 Thailand 1,3-butylene Glycol Market Export to Major Countries |
7.2 Thailand 1,3-butylene Glycol Market Imports from Major Countries |
8 Thailand 1,3-butylene Glycol Market Key Performance Indicators |
8.1 Adoption rate of 1,3-butylene glycol in new product formulations |
8.2 Number of partnerships and collaborations with key players in the industry |
8.3 Research and development investment in new applications of 1,3-butylene glycol |
8.4 Environmental sustainability metrics related to the production and use of 1,3-butylene glycol |
8.5 Market penetration in specific industries such as personal care, pharmaceuticals, and food beverage |
9 Thailand 1,3-butylene Glycol Market - Opportunity Assessment |
9.1 Thailand 1,3-butylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand 1,3-butylene Glycol Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Thailand 1,3-butylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand 1,3-butylene Glycol Market - Competitive Landscape |
10.1 Thailand 1,3-butylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Thailand 1,3-butylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |