Global 2-Mercaptoethanol Market Growth 2025-2031

Global 2-Mercaptoethanol Market Growth 2025-2031

The global 2-Mercaptoethanol market size is predicted to grow from US$ 87.1 million in 2025 to US$ 110 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.

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%.

LP Information, Inc. (LPI) ' newest research report, the “2-Mercaptoethanol Industry Forecast” looks at past sales and reviews total world 2-Mercaptoethanol sales in 2024, providing a comprehensive analysis by region and market sector of projected 2-Mercaptoethanol sales for 2025 through 2031. With 2-Mercaptoethanol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 2-Mercaptoethanol industry.

This Insight Report provides a comprehensive analysis of the global 2-Mercaptoethanol 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-Mercaptoethanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 2-Mercaptoethanol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 2-Mercaptoethanol 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-Mercaptoethanol.

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

Segmentation by Type:
High Pressure Method
Atmospheric Pressure Method

Segmentation by Application:
Consumer & Industrial Applications
Agrochemicals
Polymers and Rubber Applications
Water Treatment Applications
Superplasticizer
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 analysing the company's coverage, product portfolio, its market penetration.
Chevron Phillips Chemical
BASF
Sunion Chemical & Plastics
EFIRM

Key Questions Addressed in this Report

What is the 10-year outlook for the global 2-Mercaptoethanol market?

What factors are driving 2-Mercaptoethanol market growth, globally and by region?

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

How do 2-Mercaptoethanol market opportunities vary by end market size?

How does 2-Mercaptoethanol break out by Type, by Application?

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