Global 2,3 Butanediol Market Growth 2023-2029

Global 2,3 Butanediol Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “2,3 Butanediol Industry Forecast” looks at past sales and reviews total world 2,3 Butanediol sales in 2022, providing a comprehensive analysis by region and market sector of projected 2,3 Butanediol sales for 2023 through 2029. With 2,3 Butanediol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 2,3 Butanediol industry.

This Insight Report provides a comprehensive analysis of the global 2,3 Butanediol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 2,3 Butanediol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 2,3 Butanediol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 2,3 Butanediol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 2,3 Butanediol.

The global 2,3 Butanediol market size is projected to grow from US$ 77 million in 2022 to US$ 95 million in 2029; it is expected to grow at a CAGR of 95 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of 2,3 Butanediol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Content 90%-95%
Content＞95%

Segmentation by application
Chemical Solvent
Food and Beverage Additive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lanzatech
Yancheng Hongtai Bioengineering
Yancheng Huade Biological
Glory

Key Questions Addressed in this Report

What is the 10-year outlook for the global 2,3 Butanediol market?

What factors are driving 2,3 Butanediol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 2,3 Butanediol market opportunities vary by end market size?

How does 2,3 Butanediol break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.