2,3-Butanediol Market Overview:
The 2,3-Butanediol Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the 2,3-Butanediol Market, as well as the causes for variances in the industry’s growth in different regions.
The 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.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research were conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
by Type
Content 90%-95%
Content＞95%
Others
In terms of region, Asia Pacific is anticipated to lead the 2,3-Butanediol market and expand at a CAGR of during the course of the projection. India, China, and Japan are thought to have made significant contributions to the expansion of the 2,3-butanediol market in the Asia Pacific region. Market size in China was estimated at US$ 1.5 million in 2022; in the following years, it is projected to rise to US$ 1.9 million. The production of synthetic rubber using 1,3-butadiene, which is created by converting 2,3-butanediol, is gaining traction in the developing nations of Asia and the Pacific.
by Application
Intermediate Chemical
Food-Additives
Cosmetics
Plastics
Other
Additionally, by studying market segments and projecting market size, the research aids in understanding the dynamics of the global 2,3,-butanediol market. The study serves as an investor's guide with its clear depiction of competition analysis of leading companies by Application, pricing, financial standing, product portfolio, growth strategies, and geographical presence in the global 2,3-butanediol market.
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Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the 2,3-Butanediol Market are as follows:
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
The table of content for the 2,3-Butanediol Market includes the:
1. 2,3-Butanediol Market: Research Methodology
2. 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
3. 2,3-Butanediol Market: Competitive Analysis
· MMR Competition Matrix
. Market Structure by region
. Competitive Benchmarking of Key Players
· Consolidation in the Market
. MA 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
4. 2,3-Butanediol Market Segmentation
· 2,3-Butanediol Market, by Type (2023-2029)
· 2,3-Butanediol Market, by Application (2023-2029)
5. Regional 2,3-Butanediol Market(2023-2029)
· Regional 2,3-Butanediol Market, by Type (2023-2029)
· Regional 2,3-Butanediol Market, by Application (2023-2029)
· Regional 2,3-Butanediol Market, by Country (2023-2029)
6. Company Profile: Key players
· Company Overview
· Financial Overview
· Global Presence
· Capacity Portfolio
· Business Strategy
· Recent Developments
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Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the 2,3-Butanediol Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on 2,3-Butanediol Market:
End-user industries where 2,3-Butanediol Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for 2,3-Butanediol Market manufacturers, influencing the development of the 2,3-Butanediol Market in 2020. End-user business demand for 2,3-Butanediol Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the 2,3-Butanediol Market Report are:
In 2021, which segment held the highest proportion of the 2,3-Butanediol Market?
What is the 2,3-Butanediol Market’s competitive landscape?
What are the primary drivers assisting the 2,3-Butanediol Market growth?
Which region has the most market share in the 2,3-Butanediol Market?
What will be the 2,3-Butanediol Market’s CAGR throughout the projected period?
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