Global 2,3-Butanediol Market size is anticipated to grow from USD 323.29 Million in 2024 to USD 460.54 Million by 2033, showcasing a robust Compound Annual Growth Rate (CAGR) of 4.01% during the forecast period of 2026 to 2033.
The global 2,3-butanediol market is poised for significant growth, driven by the increasing demand for this versatile chemical in various applications, including solvents, plastics, and pharmaceuticals. 2,3-butanediol is valued for its properties as a building block in the production of various chemicals and materials. As industries continue to seek sustainable and efficient alternatives, the adoption of 2,3-butanediol is expected to rise substantially, fostering innovation and investment in this market.
Moreover, advancements in production technologies and biotechnological processes are anticipated to further boost the 2,3-butanediol market. The development of more efficient fermentation methods and catalysts is enhancing the yield and cost-effectiveness of 2,3-butanediol production. Additionally, the growing emphasis on sustainability and reducing reliance on fossil fuels is driving the demand for bio-based 2,3-butanediol, which aligns with eco-friendly practices. As manufacturers increasingly recognize the importance of high-quality 2,3-butanediol in achieving performance goals, the market is likely to witness a surge in demand for innovative solutions that cater to diverse industrial applications.
In addition, the increasing focus on regulatory compliance and safety standards is expected to shape the future of the 2,3-butanediol market. As governments implement stricter regulations regarding chemical usage and environmental impact, the demand for 2,3-butanediol that meets these standards will continue to rise. Collaborative efforts between producers, end-users, and regulatory bodies will be essential in driving these advancements, ensuring that the 2,3-butanediol market remains responsive to the evolving needs of various sectors.
Our reports are meticulously crafted to provide clients with comprehensive and actionable insights into various industries and markets. Each report encompasses several critical components to ensure a thorough understanding of the market landscape:
Market Overview: A detailed introduction to the market, including definitions, classifications, and an overview of the industry's current state.
Market Dynamics: In-depth analysis of key drivers, restraints, opportunities, and challenges influencing market growth. This section examines factors such as technological advancements, regulatory changes, and emerging trends.
Segmentation Analysis: Breakdown of the market into distinct segments based on criteria like product type, application, end-user, and geography. This analysis highlights the performance and potential of each segment.
Competitive Landscape: Comprehensive assessment of major market players, including their market share, product portfolio, strategic initiatives, and financial performance. This section provides insights into the competitive dynamics and key strategies adopted by leading companies.
Market Forecast: Projections of market size and growth trends over a specified period, based on historical data and current market conditions. This includes quantitative analyses and graphical representations to illustrate future market trajectories.
Regional Analysis: Evaluation of market performance across different geographical regions, identifying key markets and regional trends. This helps in understanding regional market dynamics and opportunities.
Emerging Trends and Opportunities: Identification of current and emerging market trends, technological innovations, and potential areas for investment. This section offers insights into future market developments and growth prospects.
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 Analysis By Chemical Structure
5.3. 2,3-Butanediol (2S, 3S) Historic and Forecast Sales By Regions
5.4. 2,3-Butanediol (2R, 3R) Historic and Forecast Sales By Regions
5.5. Meso-2,3-Butanediol (2R-3S or 3R-2S) Historic and Forecast Sales By Regions
5.6. 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 Analysis By Purity
6.3. Up to 85% Historic and Forecast Sales By Regions
6.4. >85%- 97% Historic and Forecast Sales By Regions
6.5. >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 Analysis By Route of Synthesis
7.3. Fermentation Historic and Forecast Sales By Regions
7.4. 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 Analysis By Function
8.3. Humectant Historic and Forecast Sales By Regions
8.4. Anti-freeze Agent Historic and Forecast Sales By Regions
8.5. Solvent Historic and Forecast Sales By Regions
8.6. Plant Growth Promoter Historic and Forecast Sales By Regions
8.7. Flavoring Agent Historic and Forecast Sales By Regions
8.8. 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 Analysis By Application
9.3. Fertilizers Historic and Forecast Sales By Regions
9.4. Plasticizers Historic and Forecast Sales By Regions
9.5. Polyurethanes Historic and Forecast Sales By Regions
9.6. Printing Inks Historic and Forecast Sales By Regions
9.7. Perfumes Historic and Forecast Sales By Regions
9.8. Food Additives Historic and Forecast Sales By Regions
9.9. Resins Historic and Forecast Sales By Regions
9.10. 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 Analysis By End-use
10.3. Chemical Historic and Forecast Sales By Regions
10.4. Pharmaceutical Historic and Forecast Sales By Regions
10.5. Cosmetics & Personal Care Historic and Forecast Sales By Regions
10.6. Food & Beverages Historic and Forecast Sales By Regions
10.7. Inks & Dyes Historic and Forecast Sales By Regions
10.8. Plastics Historic and Forecast Sales By Regions
10.9. Agrochemical Historic and Forecast Sales By Regions
10.10. 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 States 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. Top Companies Market 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
13.12. Dairen Chemical
13.12.1 Company Overview
13.12.2 Company Revenue
13.12.3 Products
13.12.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies