Biobased 2,3 Butanediol Research:CAGR of 23.2% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Biobased 2,3 Butanediol- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Biobased 2,3 Butanediol was estimated to be worth US$ 43 million in 2023 and is forecast to a readjusted size of US$ 70 million by 2030 with a CAGR of 6.8% during the forecast period 2024-2030



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Biobased 2,3 Butanediol Market Summary

Bio-based 2,3-butanediol is a low-carbon alternative. It is a colorless, odorless, hygroscopic, transparent viscous liquid that is widely used in cosmetics, lubricants, synthetic rubber and other fields. Currently, its most important use is to replace 1,3-butanediol and methylpropanediol as a solvent and moisturizer in cosmetics. In addition, BDO can also be used as a raw material for bio-based butadiene to produce bio-based synthetic rubber.



Global Biobased 2,3 Butanediol MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Biobased 2,3 Butanediol Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to the new market research report "Global Biobased 2,3 Butanediol Market Report 2024-2030", published by QYResearch, the global Biobased 2,3 Butanediol market size is projected to reach USD 2.33 billion by 2030, at a CAGR of 23.2% during the forecast period.

Global Biobased 2,3 Butanediol Top5Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Biobased 2,3 Butanediol Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

This report profiles key players of Biobased 2,3 Butanediol such as Zhangjiagang Meirong Chemical Industry Co., Ltd. And Tsing Da Zhi Xing.

According to QYResearch Top Players Research Center, the global key manufacturers of Biobased 2,3 Butanediol include Zhangjiagang Meirong Chemical Industry Co., Ltd., Tsing Da Zhi Xing, etc. In 2023, the global top three players had a share approximately 72.0% in terms of revenue.

Biobased 2,3 Butanediol,Global Market Size, Split by ApplicationSegment


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Based on or includes research from QYResearch: Global Biobased 2,3 Butanediol Market Report 2024-2030.

In terms of product application, currently Cosmetics is the largest segment, hold a share of 55.5%.

Market Drivers:

As a green chemical, bio-based 2,3-butanediol has a relatively environmentally friendly production process, which helps reduce dependence on traditional fossil resources and reduce greenhouse gas emissions.

Bio-based 2,3-butanediol has a variety of applications, such as solvents, plasticizers, hygroscopic agents, coupling agents, cosmetics and food additives. The continuous development of these fields has also led to a continuous increase in demand for bio-based 2,3-butanediol.

Restraint:

Although the production technology of bio-based 2,3-butanediol has made some progress, overall, the production process is not mature enough, resulting in low production efficiency and high cost.

At present, the market demand for bio-based 2,3-butanediol is relatively limited. This is mainly due to the dominant position of traditional chemicals in the market and the low acceptance of bio-based products in some application areas.

Opportunity:

With the continuous advancement of science and technology, the production process of bio-based 2,3-butanediol will be further optimized. For example, by genetically engineering microorganisms to make them have higher yields and better stability; by optimizing the fermentation process, the substrate utilization rate can be improved and waste emissions can be reduced.

With the in-depth research on renewable resources, more and more new raw materials are used in the production of bio-based 2,3-butanediol, such as cellulose, agricultural waste, etc. The abundance and low cost of these raw materials provide a strong guarantee for the production of bio-based 2,3-butanediol.





The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Biobased 2,3 Butanediol market is segmented as below:

By Company

Zhangjiagang Meirong Chemical Industry Co., Ltd.
Tsing Da Zhi Xing
GS Caltex
LanzaTech



Segment by Type

Non-GMO Feed
Industrial Waste Gas



Segment by Application

Cosmetics
Food Additives
Agriculture
Pharmaceuticals
Others



Each chapter of the report provides detailed information for readers to further understand the Biobased 2,3 Butanediol market:

Chapter 1: Introduces the report scope of the Biobased 2,3 Butanediol report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Biobased 2,3 Butanediol manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Biobased 2,3 Butanediol market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Biobased 2,3 Butanediol in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Biobased 2,3 Butanediol in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Biobased 2,3 Butanediol competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Biobased 2,3 Butanediol comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Biobased 2,3 Butanediol market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Biobased 2,3 Butanediol Market Insights, Forecast to 2030
Global Biobased 2,3 Butanediol Market Research Report 2024
Biobased 2,3 Butanediol - Global Market Insights and Sales Trends 2024
Global and India Biobased 2,3 Butanediol Market Report & Forecast 2023-2029
Global Biobased 2,3 Butanediol Market Insights, Forecast to 2029
Global Biobased 2,3 Butanediol Market Research Report 2023
Global Biobased 2,3 Butanediol Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application

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