2-Mercaptoethanol Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the 2-Mercaptoethanol market including various factors related to and dependent influencing the market growth.
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.
2-Mercaptoethanol is a niche market with three companies hold a majority share. BASF Chevron and Sunion are top players, which serves customers around the world. There are also small players in China that supply 2-Mercaptoethanol in small scale, but supply is not stable. BASF has customers mainly from EMEA and Asia region, while Chevron produce 2-ME from Belgium for North America market, as well as some Asian countries like India. Sunion from China has gaining growing importance to the global market, its customers range from Asian countries like Japan and Korea, to Middle East market.
Global 2-Mercaptoethanol market size will increase to 88 Million US$ by 2030, from 60 Million US$ in 2020, at a CAGR of 5.0% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for 2-Mercaptoethanol.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global 2-Mercaptoethanol market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the 2-Mercaptoethanol market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The 2-Mercaptoethanol market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the 2-Mercaptoethanol Market:
The major competitors working in the market are:
, Chevron Phillips Chemical, BASF, Sunion Chemical & Plastics
Market by Order Type
≥ 99%
Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the 2-Mercaptoethanol market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of 2-Mercaptoethanol Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the 2-Mercaptoethanol market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the 2-Mercaptoethanol market size and their forecasts
- To provide strategic profiles of the key players operating in the 2-Mercaptoethanol market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the 2-Mercaptoethanol market
Target Audiences for 2-Mercaptoethanol Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
We also provide customized reports according to customer\'s specific requirements. We also provide customization for regional and country-level reports individually.
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