Topic: Butylene Glycol Market Report and Forecast 2020-2025
The global Butylene Glycol Market is estimated to witness significant growth for the forecast period (2015 to 2025). Asia-Pacific is expected to be the fastest growing market during the forecast period. European market is the leading market in terms of consumption for Butylene Glycol. China's market for beauty and personal care products is forecasted to expand at the highest CAGR during the forecast period due to increasing urbanization in this country. Rising investments in the manufacturing sector and flourishing cosmetics industry is driving the growth of the butylene glycol market in Asia-Pacific region.
The Industrial oils market is estimated to account for a value of USD 60.2 billion in 2019 and is projected to grow at a CAGR of 5.0% from 2019, to reach a value of USD 80.7 billion by 2025.