2,3-Butanediol Market was valued US$ 198.41 Mn in 2023 and is expected to reach 247.19 Mn by 2030, at a CAGR of 3.19% during a forecast period.

2,3-Butanediol Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “2,3-Butanediol Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the 2,3-Butanediol market, with forecasts outspreading to the year 2030.

The chemical molecule having the formula (CH₃CHOH)₂ is 2,3-butanediol. This high-value chemical is often made by petrochemical processes, while certain microbes are also capable of synthesising it. categorised as a vic-diol is 2,3-butanediol. It can be found as the meso isomer, a chiral pair, and three stereoisomers. All are liquids without colour.

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2,3-Butanediol Market Scope and Methodology:

Increased demand for textiles, a high output of polymers, plastic, synthetic rubber, and hydrocarbon fuels, as well as government initiatives, will increase the use of renewable and bio-based chemicals, which will in turn predict growth in the worldwide 2,3-butanediol market. Since 2,3-butanediol is a common substitute, demand for it is anticipated to be driven during the projection period due to its capacity to convert to methyl ethyl ketone. In the foreseeable future, technological innovation and rising population awareness will fuel market expansion.

2,3-Butanediol Market Regional Insights:

The market size, growth rate, import and export by region, and other relevant data are all thoroughly analysed in this study. The geographic analysis of the research makes it easy to understand the 2,3-Butanediol market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the 2,3-Butanediol market.

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2,3-Butanediol Market Segmentation:

by Service

Fitness
Health risk assessment
Health screening
Nutrition and weight management
Smoking cessation
Stress management
Others

by Category

Fitness and nutrition consultants
Organizations/employers
Psychological therapists

The market is divided into three categories: organizations/employers, psychological therapists, and consultants on diet and fitness. During the forecast period, the Organizations/employers category is anticipated to maintain its leadership position in the 2,3-Butanediol market, having held the biggest market share in 2023. Both large and small businesses can employ the service providers' in-house and outsourced health management solutions.

by End User

Small-scale organizations
Medium-scale organizations
Large-scale organizations
Other

The market is divided into four categories based on the end-user: small-, medium-, large-, and others-scale companies. In 2023, the 2,3-Butanediol market share that was greatest belonged to the large-scale enterprises category. Well-researched studies indicate that integrated management initiatives can yield a 3:1 rate of return. Services and programs can be included into the framework of larger businesses. Service contracts and corporate affiliations may be advantageous for small enterprises.

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2,3-Butanediol Market Key Players:

1. Mitsubishi Chemical Corporation
2. Nanya Plastics Corporation
3. Global Bio-Chem Technology Group
4. Tokyo Chemical Industry Co., Ltd. (TCI)
5. Henan Kaixiang Fine Chemical
6. Orochem Technologies Inc
7. Changcheng Energy
8. Shanxi Sanwei Group
9. MarkorChem
10. Xinjiang Tianye
11. Shanxi BidiOu
12. Sichuan Tianhua
13. Biosyncaucho S.L
14. Dairen Chemical
15. Intrexon
16. LanzaTech
17. Merck KGaA
18. BASF
19. Ashland
20. INVISTA
21. HNEC
22. TunHe

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Key questions answered in the 2,3-Butanediol Market are:

• What is 2,3-Butanediol?
• What is the growth rate of the 2,3-Butanediol Market?
• Which are the factors expected to drive the 2,3-Butanediol market growth?
• What is the CAGR at which the 2,3-Butanediol market will grow during the forecast period?
• What are the different segments of the 2,3-Butanediol Market?
• Which is the fastest growing region in the 2,3-Butanediolmarket?
• What growth strategies are the players considering to increase their presence in 2,3-Butanediol?
• What are the upcoming opportunities and trends for the 2,3-Butanediol Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the 2,3-Butanediol Market?
• Who are the leading companies and what are their portfolios in 2,3-Butanediol Market? 
• What segments are covered in the 2,3-Butanediol Market?
• Who are the key players in the 2,3-Butanediol market?

Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region 
• Market Size, Share, Size Forecast by different segment 
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

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