Product Code: VMR112113713
The global demand for 2,3-Butanediol Market is presumed to reach the market size of nearly USD 425.37 MN by 2032 from USD 283.78 MN in 2023 with a CAGR of 4.6% under the study period 2024 - 2032.
2,3-butanediol is a chemical compound classified as a vic-diol, featuring two hydroxyl groups on adjacent carbon atoms. It is produced through microbial fermentation and has applications in various industries, including pharmaceuticals and the production of polymers and plastics. Additionally, 2,3-butanediol has gained attention for its potential use as a biofuel precursor, contributing to sustainable energy solutions.
MARKET DYNAMICS
The 2,3-butanediol market is influenced by factors such as the growing demand for bio-based chemicals, advancements in biotechnological processes, and the expanding applications of 2,3-butanediol in various industries. As industries seek sustainable alternatives to traditional chemical synthesis methods, the bioproduction of 2,3-butanediol from renewable feedstocks gains prominence. The compound finds applications in the production of chemicals, polymers, and pharmaceuticals. The increasing awareness of environmental sustainability and the drive towards a circular economy contribute to the market's growth. Additionally, research and development efforts focusing on optimizing production processes and expanding the range of applications further stimulate the 2,3-butanediol market. The compound's versatility as a building block for green chemistry and its potential as a biofuel precursor also contribute to its rising demand across diverse industries.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of 2,3-butanediol. The growth and trends of 2,3-Butanediol Industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the 2,3-butanediol market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Chemical Structure
- 2,3-Butanediol (2S, 3S)
- 2,3-Butanediol (2R, 3R)
- Meso-2,3-Butanediol (2R-3S Or 3R-2S)
- Others
By Purity
By Route of Synthesis
- Fermentation
- Conventional
By Function
- Humectant
- Anti-Freeze Agent
- Solvent
- Plant Growth Promoter
- Flavoring Agent
- Others
By Application
- Fertilizers
- Plasticizers
- Polyurethanes
- Printing Inks
- Perfumes
- Food Additives
- Resins
- Others
By End-Use
- Chemical
- Pharmaceutical
- Cosmetics & Personal Care
- Food & Beverages
- Inks & Dyes
- Plastics
- Agrochemical
- Others
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the 2,3-Butanediol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the 2,3-butanediol market include Haihang Industry Co., Ltd., Guangzhou Jiahua Chemical Co., Ltd., Henan Coreychem Co., Ltd., Tokyo Chemical Industry Co., Orochem Technologies, Inc., GS Caltex, Precigen, Inc., Central Drug House, Biokemik. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . 2,3-BUTANEDIOL - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Chemical Structure
- 3.7.2 Market Attractiveness Analysis By Purity
- 3.7.3 Market Attractiveness Analysis By Route of Synthesis
- 3.7.4 Market Attractiveness Analysis By Function
- 3.7.5 Market Attractiveness Analysis By Application
- 3.7.6 Market Attractiveness Analysis By End-Use
- 3.7.7 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . GLOBAL 2,3-BUTANEDIOL MARKET ANALYSIS BY CHEMICAL STRUCTURE
- 5.1 Overview by Chemical Structure
- 5.2 Historical and Forecast Data
- 5.3 Analysis by Chemical Structure
- 5.4 2,3-Butanediol (2S, 3S) Historic and Forecast Sales by Regions
- 5.5 2,3-Butanediol (2R, 3R) Historic and Forecast Sales by Regions
- 5.6 Meso-2,3-Butanediol (2R-3S Or 3R-2S) Historic and Forecast Sales by Regions
- 5.7 Others Historic and Forecast Sales by Regions
6 . GLOBAL 2,3-BUTANEDIOL MARKET ANALYSIS BY PURITY
- 6.1 Overview by Purity
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Purity
- 6.4 Up To 85% Historic and Forecast Sales by Regions
- 6.5 >85%- 97% Historic and Forecast Sales by Regions
- 6.6 >97% Historic and Forecast Sales by Regions
7 . GLOBAL 2,3-BUTANEDIOL MARKET ANALYSIS BY ROUTE OF SYNTHESIS
- 7.1 Overview by Route of Synthesis
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Route of Synthesis
- 7.4 Fermentation Historic and Forecast Sales by Regions
- 7.5 Conventional Historic and Forecast Sales by Regions
8 . GLOBAL 2,3-BUTANEDIOL MARKET ANALYSIS BY FUNCTION
- 8.1 Overview by Function
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Function
- 8.4 Humectant Historic and Forecast Sales by Regions
- 8.5 Anti-Freeze Agent Historic and Forecast Sales by Regions
- 8.6 Solvent Historic and Forecast Sales by Regions
- 8.7 Plant Growth Promoter Historic and Forecast Sales by Regions
- 8.8 Flavoring Agent Historic and Forecast Sales by Regions
- 8.9 Others Historic and Forecast Sales by Regions
9 . GLOBAL 2,3-BUTANEDIOL MARKET ANALYSIS BY APPLICATION
- 9.1 Overview by Application
- 9.2 Historical and Forecast Data
- 9.3 Analysis by Application
- 9.4 Fertilizers Historic and Forecast Sales by Regions
- 9.5 Plasticizers Historic and Forecast Sales by Regions
- 9.6 Polyurethanes Historic and Forecast Sales by Regions
- 9.7 Printing Inks Historic and Forecast Sales by Regions
- 9.8 Perfumes Historic and Forecast Sales by Regions
- 9.9 Food Additives Historic and Forecast Sales by Regions
- 9.10. Resins Historic and Forecast Sales by Regions
- 9.11 Others Historic and Forecast Sales by Regions
10 . GLOBAL 2,3-BUTANEDIOL MARKET ANALYSIS BY END-USE
- 10.1 Overview by End-Use
- 10.2 Historical and Forecast Data
- 10.3 Analysis by End-Use
- 10.4 Chemical Historic and Forecast Sales by Regions
- 10.5 Pharmaceutical Historic and Forecast Sales by Regions
- 10.6 Cosmetics & Personal Care Historic and Forecast Sales by Regions
- 10.7 Food & Beverages Historic and Forecast Sales by Regions
- 10.8 Inks & Dyes Historic and Forecast Sales by Regions
- 10.9 Plastics Historic and Forecast Sales by Regions
- 10.1 Agrochemical Historic and Forecast Sales by Regions
- 10.11 Others Historic and Forecast Sales by Regions
11 . GLOBAL 2,3-BUTANEDIOL MARKET ANALYSIS BY GEOGRAPHY
- 11.1. Regional Outlook
- 11.2. Introduction
- 11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Data Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
- 11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Data Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
- 11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Data Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. South East Asia Sales Analysis
- 11.5.10. Rest Of Asia Pacific Sales Analysis
- 11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Data Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
- 11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Data Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis
12 . COMPETITIVE LANDSCAPE OF THE 2,3-BUTANEDIOL COMPANIES
- 12.1. 2,3-Butanediol Market Competition
- 12.2. Partnership/Collaboration/Agreement
- 12.3. Merger And Acquisitions
- 12.4. New Product Launch
- 12.5. Other Developments
13 . COMPANY PROFILES OF 2,3-BUTANEDIOL INDUSTRY
- 13.1. Company Share Analysis
- 13.2. Market Concentration Rate
- 13.3. Haihang Industry Co. Ltd.
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
- 13.4. Guangzhou Jiahua Chemical Co. Ltd.
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
- 13.5. Henan Coreychem Co. Ltd.
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
- 13.6. Tokyo Chemical Industry Co.
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
- 13.7. Orochem Technologies Inc.
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
- 13.8. GS Caltex
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
- 13.9. Precigen Inc.
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
- 13.10. Central Drug House
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
- 13.11. Biokemik
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies