A Chemical Revolution: 2,3-Butanediol Market Dynamics (2023-2029)


Posted August 23, 2023 by aishwaryammr

2,3-Butanediol Market was valued US$ 192.28 Mn in 2022 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 2,3-Butanediol Market research study investigates and analyses the market's position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.

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2,3-Butanediol Market Scope:

We looked at the 2,3-Butanediol Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2027.

2,3-Butanediol Market Segmentation:

Due to the chemical industry's rapid expansion, the chemical intermediate segment has been identified as the application area with the quickest growth rate for the year 2022, and this trend is anticipated to continue for the following 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. Its synthesis is now carried out only using a chemical approach. It can be utilized as a precursor in the production of a variety of chemical compounds, such as the solvents gamma-butyrolactone and methyl ethyl ketone (MEK).

Global 2,3-Butanediol Market Analysis and Forecast, By Type
1. Introduction and Definition
2. Key Findings
3. Global 2,3-Butanediol Market Value Share Analysis, By Type
4. Global 2,3-Butanediol Market Size (US$ Bn) Forecast, By Type
5. Global 2,3-Butanediol Market Analysis, By Type
6. Global 2,3-Butanediol Market Attractiveness Analysis, By Type

Global 2,3-Butanediol Market Analysis and Forecast, By Application
1. Introduction and Definition
2. Key Findings
3. Global 2,3-Butanediol Market Value Share Analysis, By Application
4. Global 2,3-Butanediol Market Size (US$ Bn) Forecast, By Application
5. Global 2,3-Butanediol Market Analysis, By Application
6. Global 2,3-Butanediol Market Attractiveness Analysis, By Application

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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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Regional Analysis:

The study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide 2,3-Butanediol market. It also offers market size and forecast estimates for five major regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2021 to 2027. Each area's 2,3-Butanediol market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.

COVID-19 Impact Analysis on 2,3-Butanediol Market:

We thoroughly researched and analyzed the Global 2,3-Butanediol Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the global 2,3-Butanediol industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19's influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.

Key Questions Answered in the 2,3-Butanediol Market Report are:

What are the most promising high-growth opportunities in the global 2,3-Butanediol sector, as defined by product category, End User, and Region?
Which 2,3-Butanediol market segments will expand the fastest, and why?
Which areas will expand the fastest, and why?
What are the primary elements influencing 2,3-Butanediol market dynamics? What are the primary drivers and obstacles in the 2,3-Butanediol market?
What are the 2,3-Butanediol market's business risks and dangers?
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Categories Science
Tags 23butanediol market , 23butanediol market share , 23butanediol market business
Last Updated August 23, 2023