2,3-Butanediol Market Report Overview:
The primary goal of MMR’s “2,3-Butanediol market” report is to assist clients in making informed business decisions. This involves identifying areas that require improvement, recognizing well-performing segments, and guiding new entrants in navigating and establishing their presence within the competitive landscape. The report also sheds light on the existing challenges within the 2,3-Butanediol market.
Anticipated Growth in Revenue:
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.
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2,3-Butanediol Market Scope and Research Methodology
The report offers a comprehensive analysis of global 2,3-Butanediol market trends, forecasts, and financial aspects. It presents an in-depth examination of segments and sub-segments within both global and regional 2,3-Butanediol markets. Utilizing a bottom-up approach, the report delves into estimations of market size. The 2,3-Butanediol Market report encompasses essential information about key market participants and emerging players, including their services, revenue, financial standing, portfolios, growth strategies, and regional presence. Future market size and growth rate predictions, alongside current and prospective trends in the 2,3-Butanediol market, are also provided.
The report delves into demand projections, market trends, and micro and macro factors in detail. It identifies drivers and constraints impacting the growth of the 2,3-Butanediol market. Employing both qualitative and quantitative methods, the research employs tools such as SWOT, PESTLE, and Porter’s Five Forces for the analysis of the 2,3-Butanediol market. The analysis identifies key upcoming developments projected to shape demand within the 2,3-Butanediol market over the forecast period.
2,3-Butanediol Market Regional Revelations:
Geographically, 2,3-Butanediol market report is segmented into several key regions are as follows,
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
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 questions answered in the 2,3-Butanediol Market are:
- What was the 2,3-Butanediol market size in 2024?
- What is the growth rate of the 2,3-Butanediol Market?
- Which are the factors expected to drive the 2,3-Butanediol market growth?
- What are the different segments of the 2,3-Butanediol Market?
- What are the factors restraining the growth of the 2,3-Butanediol Market?
- What segments are covered in the 2,3-Butanediol Market?
- Who are the key players in the Global 2,3-Butanediol market?
- What are the upcoming industry applications and trends for the 2,3-Butanediol Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size Forecast by different segment | 2024−2030
- 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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