2,3-Butanediol Market
2,3-Butanediol Market was valued US$ 186.34 Mn in 2021 and is expected to reach 239.55 Mn by 2029, at a CAGR of 3.19% during a forecast period.
2,3-Butanediol Market Overview :
The industry overview gives thorough details about the size of the 2,3-Butanediol Market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. Region wise market opportunities & barriers are also studied in detail.
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2,3-Butanediol Market Report Scope and Research Methodology :
The research methodology employed in the report on the 2,3-Butanediol market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.
The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the 2,3-Butanediol market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the 2,3-Butanediol market, which involves aggregating data from individual segments to arrive at a total market size estimate.
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2,3-Butanediol Market Regional Insights :
The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.
2,3-Butanediol Market Segmentation :
by Type
• Content 90%-95%
• Content＞95%
• Others
The firm that produces renewable chemical building blocks from high-value raw materials studied and identified the ideal conditions for the fermentation of carbohydrates to 2,3-butanediol (BDO), a renewable chemical component. The manufacture of 2,3-BDO utilising first-generation sugars from food crops using conventional processing methods has shown promising results that are promisingly similar to those of second-generation sugars from poplar.
by Application
• Intermediate Chemical
• Food-Additives
• Cosmetics
• Plastics
• Other
Due to the chemical industry’s rapid expansion, the chemical intermediate segment has been identified as the application area with the quickest growth among all others in 2021. This trend is anticipated to continue during the next seven years. The usage of biobased chemicals will be encouraged by government initiatives and pressure on the manufacturing sector in the upcoming years. Due to the rising demand for several of its derivatives, 2,3-BDL production is expanding at a pace of 4% annually.
2,3-Butanediol Market Key Players
- Mitsubishi Chemical Corporation
• Nanya Plastics Corporation
• Global Bio-Chem Technology Group
• Tokyo Chemical Industry Co., Ltd. (TCI)
• Henan Kaixiang Fine Chemical
• Orochem Technologies Inc
• Changcheng Energy
• Shanxi Sanwei Group
• MarkorChem
• Xinjiang Tianye
• Shanxi BidiOu
• Sichuan Tianhua
• Biosyncaucho S.L
• Dairen Chemical
• Intrexon
• LanzaTech
• Merck KGaA
• BASF
• Ashland
• INVISTA
• HNEC
• TunHe
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- 2,3-Butanediol Market: Research Methodology
- 2,3-Butanediol Market: Executive Summary
- Market Overview and Definitions
. Introduction to 2,3-Butanediol Market
- Summary
. Key Findings
. Recommendations for Investors
. Recommendations for Market Leaders
. Recommendations for New Market Entry
- 2,3-Butanediol Market: Competitive Analysis
- MMR Competition Matrix
. Market Structure by region
. Competitive Benchmarking of Key Players
- Consolidation in the Market
. M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
. North America
. Europe
. Asia Pacific
. Middle East and Africa
. South America
COVID-19 Impact
- 2,3-Butanediol Market Segmentation
- 2,3-Butanediol Market, by Type (2022-2029)
- 2,3-Butanediol Market, by Application (2022-2029)
- Regional Residential Roofing Market(2022-2029)
- Regional Residential Roofing Market, by Type(2022-2029)
- Regional Residential Roofing Market, by Application (2022-2029)
- Regional Residential Roofing Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key questions answered in the 2,3-Butanediol Market are:
- What is 2,3-Butanediol ?
- What are the factors driving the 2,3-Butanediol Market growth?
- What are the factors are limiting the 2,3-Butanediol Market growth?
- What was the 2,3-Butanediol market size in 2021?
- Which trends are expected to generate additional revenue for the 2,3-Butanediol market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the 2,3-Butanediol Market?
- What growth strategies are the players considering to increase their foothold in the 2,3-Butanediol Market?
- Who held the largest market share in the 2,3-Butanediol Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
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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