The global market for 1,3 Butylene Glycol (CAS 107-88-0) is projected to grow to $178.5 million by 2024, up from $127.8 million in 2017, according to a new study published by Research and Markets. Butylene glycol is a four-carbon alcohol widely used in cosmetics for moisture retention. It also sees use in food products for its antimicrobial properties and is used as a stabilizing agent in various pharmaceutical applications as well as in polymers and resins. Growth in the cosmetics industry, particularly in the Asia-Pacific region, is expected to be the primary driver in demand growth over the next several years.