Global 2-Mercaptoethanol Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global 2-Mercaptoethanol market size was valued at US$ 88.5 million in 2024 and is forecast to a readjusted size of USD 114 million by 2031 with a CAGR of 3.8% during review period.

2-Mercaptoethanol (also ß-mercaptoethanol, BME, 2BME, 2-ME or ß-met) is the chemical compound with the formula HOCH2CH2SH. 2-ME is a colorless liquid, with an amine-like odor. It is flammable and soluble in water and various organic solvents. 2-ME can be used as the intermediate in the production of PVC stabilizer, crop protection, pharmaceuticals, photographic chemicals, solvent and stabilizer, initial product for chemical syntheses, water treatment and corrosion inhibitor.

Global 4 largest manufacturers of 2-Mercaptoethanol are Chevron Phillips Chemical, BASF, Sunion Chemical & Plastics and EFIRM. Among them, Sunion Chemical & Plastics is the leader with about 40% market share.

Asia-Pacific is the largest market, with a share over 40%, followed by Europe and North America, with the share about 23% and 25%. In terms of product type, Atmospheric Pressure Method occupies the largest share of the total market, more than 55%. In terms of product application, Polymers and Rubber Applications occupy the largest share of the total market, about 30%.

In North America market, the key players of 2-Mercaptoethanol include Chevron Phillips Chemical and BASF, etc. The top two players hold a share over 90%.

This report is a detailed and comprehensive analysis for global 2-Mercaptoethanol market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global 2-Mercaptoethanol market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global 2-Mercaptoethanol market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global 2-Mercaptoethanol market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global 2-Mercaptoethanol market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for 2-Mercaptoethanol

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global 2-Mercaptoethanol market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Chevron Phillips Chemical, BASF, Sunion Chemical & Plastics, EFIRM, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

2-Mercaptoethanol market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
High Pressure Method
Atmospheric Pressure Method

Market segment by Application
Consumer & Industrial Applications
Agrochemicals
Polymers and Rubber Applications
Water Treatment Applications
Superplasticizer
Others

Major players covered
Chevron Phillips Chemical
BASF
Sunion Chemical & Plastics
EFIRM

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe 2-Mercaptoethanol product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of 2-Mercaptoethanol, with price, sales quantity, revenue, and global market share of 2-Mercaptoethanol from 2020 to 2025.

Chapter 3, the 2-Mercaptoethanol competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the 2-Mercaptoethanol breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and 2-Mercaptoethanol market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of 2-Mercaptoethanol.

Chapter 14 and 15, to describe 2-Mercaptoethanol sales channel, distributors, customers, research findings and conclusion.