2,3-Butanediol Market Report Overview
The report provides an analysis of both the current and future conditions in the 2,3-Butanediol market, delivering valuable insights and the latest information across essential segments. Within the context of the 2,3-Butanediol market, the study covers crucial research areas like revenue generation, sales, and overall income. In order to offer a thorough evaluation, the report presents two distinct scenarios that encompass the entire range of the 2,3-Butanediol market, including the projected 2,3-Butanediol sales during the forecast period.
2,3-Butanediol Market was valued US$ 198.41 Mn in 2023 and is expected to reach 247.19 Mn by 2030, at a CAGR of 3.19% during a forecast period.
2,3-Butanediol Market Report Scope and Research Methodology
The primary goal of the 2,3-Butanediol market report is to offer a comprehensive analysis using clear and straightforward language. The study encompasses all the prominent companies and key aspects within the 2,3-Butanediol market, evaluating various measures like volume, share, growth, and strategies. This research not only assists established businesses in refining their operational plans but also provides future entrants with strategic recommendations. MMR’s research undertakes a thorough exploration of the 2,3-Butanediol market, highlighting the foremost global companies based on metrics such as volume, share, strategies, and growth. The report further supplies strategies applicable to both existing industry participants and prospective 2,3-Butanediol market entrants. Moreover, the global report for the 2,3-Butanediol market presents a meticulous breakdown of regional share distribution, accompanied by an examination of growth drivers in those specific regions.
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2,3-Butanediol Market Regional Insights
North America dominated the global air leak testing market in terms of value. The existence of well-established market participants accounts for the high market share. The air leakage test market is predicted to rise in North America as the automotive sector expands.
The Asia Pacific air leak testing market is predicted to increase due to rising urbanisation and industrialization and growth in the automotive industry and transportation due to the region’s growing population. The Asia Pacific air leak testing market is likely fueled by growing government regulations to decrease pollution, higher quality standards, and increased energy efficiency.
2,3-Butanediol Market Segmentation
by Type
Content 90%-95%
Content＞95%
Others
by Application
Intermediate Chemical
Food-Additives
Cosmetics
Plastics
Other
the chemical intermediate segment has been documented as the fastest-growing segment amongst the other application in the year 2023, and this development is expected to last over the next seven years; because of significant growth in the chemical industry. Governmental initiative and pressure on the production industry to use biobased chemicals will further boost the market growth in the coming years.
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2,3-Butanediol Market Key Players
1. Mitsubishi Chemical Corporation
2. Nanya Plastics Corporation
3. Global Bio-Chem Technology Group
4. Tokyo Chemical Industry Co., Ltd. (TCI)
5. Henan Kaixiang Fine Chemical
6. Orochem Technologies Inc
7. Changcheng Energy
8. Shanxi Sanwei Group
9. MarkorChem
10. Xinjiang Tianye
11. Shanxi BidiOu
12. Sichuan Tianhua
13. Biosyncaucho S.L
14. Dairen Chemical
15. Intrexon
16. LanzaTech
17. Merck KGaA
18. BASF
19. Ashland
20. INVISTA
21. HNEC
22. TunHe
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Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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