2-Mercaptoethanol Market to Witness Robust Expansion by 2023

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.

LPI (LP Information)' newest research report, the "2-Mercaptoethanol Industry Forecast" looks at past sales and reviews total world 2-Mercaptoethanol sales in 2022, providing a comprehensive analysis by region and market sector of projected 2-Mercaptoethanol sales for 2023 through 2029. 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.

The global 2-Mercaptoethanol market size is projected to grow from US$ 77 million in 2022 to US$ 96 million in 2029; it is expected to grow at a CAGR of 96 from 2023 to 2029.

Chevron Phillips Chemical, BASF and Sunion Chemical & Plastics are the top 3 players of 2-Mercaptoethanol, with about 96% market shares.

2-Mercaptoethanol can be divided into

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