2,3-Butanediol is a chemical compound with the molecular formula C4H10O2. It has three stereoisomers, all of which are colorless, viscous liquids. It occurs naturally upon the fermentation of sugarcane molasses.
Market Analysis and Insights: Global 2,3 Butanediol Market
Due to the COVID-19 pandemic, the global 2,3 Butanediol market size is estimated to be worth US$ 79 million in 2021 and is forecast to a readjusted size of US$ 96.7 million by 2028 with a CAGR of 2.9% during the forecast period 2022-2028.
China is the largest market with about 56% market share. USA is follower, accounting for about 5% market share.
The key players are Lanzatech, Yancheng Hongtai Bioengineering, Yancheng Huade Biological, Glory etc. Top 3 companies occupied about 70% market share.
Global 2,3 Butanediol Scope and Market Size
The global 2,3 Butanediol market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global 2,3 Butanediol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Content 90%-95%
Content>95%
Segment by Application
Chemical Solvent
Food and Beverage Additive
Others
By Company
Lanzatech
Yancheng Hongtai Bioengineering
Yancheng Huade Biological
Glory
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global 2,3 Butanediol Market
Due to the COVID-19 pandemic, the global 2,3 Butanediol market size is estimated to be worth US$ 79 million in 2021 and is forecast to a readjusted size of US$ 96.7 million by 2028 with a CAGR of 2.9% during the forecast period 2022-2028.
China is the largest market with about 56% market share. USA is follower, accounting for about 5% market share.
The key players are Lanzatech, Yancheng Hongtai Bioengineering, Yancheng Huade Biological, Glory etc. Top 3 companies occupied about 70% market share.
Global 2,3 Butanediol Scope and Market Size
The global 2,3 Butanediol market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global 2,3 Butanediol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Content 90%-95%
Content>95%
Segment by Application
Chemical Solvent
Food and Beverage Additive
Others
By Company
Lanzatech
Yancheng Hongtai Bioengineering
Yancheng Huade Biological
Glory
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.