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.
According to this study, over the next five years the 2-Mercaptoethanol market will register a 5.6% CAGR in terms of revenue, the global market size will reach US$ 83 million by 2024, from US$ 60 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in 2-Mercaptoethanol business, shared in Chapter 3.
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.
This study considers the 2-Mercaptoethanol value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
≥ 99%
<99%
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Consumer & Industrial Applications
Agrochemicals
Polymers and Rubber Applications
Water Treatment Applications
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chevron Phillips Chemical
BASF
Sunion Chemical & Plastics
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global 2-Mercaptoethanol consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of 2-Mercaptoethanol market by identifying its various subsegments.
Focuses on the key global 2-Mercaptoethanol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the 2-Mercaptoethanol with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of 2-Mercaptoethanol submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on 2-Mercaptoethanol . Industry analysis & Market Report on 2-Mercaptoethanol is a syndicated market report, published as Global 2-Mercaptoethanol Market Growth 2019-2024. It is complete Research Study and Industry Analysis of 2-Mercaptoethanol market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.