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Share this article Share this article NEW YORK, March 11, 2021 /PRNewswire/ The global 1,3-butylene glycol market had a valuation of $139,994.9 thousand in 2019 and is predicted to register a CAGR of 5.0% between 2020 and 2030. According to the estimates of P&S Intelligence, a market research firm, the market would generate a revenue of $227,057.5 thousand by 2030. The growing requirement for 1,3-butylene glycol in the pharmaceutical industry and the boom of cosmetic product industry are the major growth drivers of the market. 1,3-butylene glycol is extensively used in cosmetics products as a humectant, on account of its ability to be used as a viscosity-decreasing component. In addition to this, the compound fixes volatile organic compounds such as flavors and fragrances in cosmetic formulations, which helps in stabilizing them and assists in aroma retention and also prevents the chances of spoilage caused because of cosmetic formulations by microbes. Furthermore, the compound

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