2,3-Butandiol Market
2,3-Butandiol Market (Purity – <98%, 98-99.5%, 99.5-99.5% and ≥99.9%; Grade – Industrial Grade, Food Grade, Pharmaceutical/Cosmetic Grade, and Others; Production Process – Petrochemical Routes, Bio-based Fermentation, Hybrid, By-product Recovery, and Others; Application; and End-use Industry) – Global Industry Analysis, Shares, Growth, Trends and Forecast 2020-2035
Categories:
All, Chemicals and Materials
| Format: PDF/PPT/Excel
| Product ID:
3739
| Report Version:
August 2025
Market Snappshot
- Market Size in 2024: $US 265.2 Million
- Forecast Market by 2035: $US 399.7 Million
- CAGR for the Period 2025-2035: 3.8%
- Top Region in Terms of Market Share: Asia Pacific (48%)
- Key Players: Mitsubishi Chemical Group, Kuraray, BASF SE, Eastman Chemical, Celanese, UBE Corporation, Daicel Corporation, Perstorp, Toray Industries, LG Chem, and Others.
Analyst Viewpoint:
2,3-Butanediol (2,3-BDO) market is posting consistent momentum on the back of its application as a platform chemical of polymers, solvents, and bio-based intermediates. Two dominant forces drive demand trends: the need for bio-based chemicals in the context of decarbonization targets and expansion of downstream application in synthetic rubber, pharmaceuticals, and cosmetics. 2,3-BDO is also being used in food and beverage applications as a flavoring agent and biotech firms have invested in microbial fermentation technologies to de-risk petrochemical dependency.
However, challenges exist such as high production cost of bio-based BDO, optimization of process difficulty at commercial-scale fermentation, and substitution competition from traditionally strong petro-based contenders. Feasibility of commerciality relies on scale technologies achieving cost parity.
The future before us holds new areas of application for its use, such as 2,3-BDO as a butadiene (synthetic rubber) intermediate, methyl ethyl ketone (MEK), and aviation biofuels, repositioning its strategic importance.
2,3-Butandiol Market Overview:
2,3-Butanediol (2,3-BDO) is a two-function diol plasticizer, humectant, solvent, and generic-purpose intermediate to butadiene, methyl ethyl ketone (MEK), and specialty polyesters. Its diol activity brings film-forming and solvency value in coatings/inks, whereas high-purity grades serve the sensory and safety requirements in pharma and personal-care applications. Commercial production historically relied on petrochemical routes, but bio-fermentation through Bacillus/Klebsiella or designer organisms has gained ground with the help of titer, rate, and yield advancements. Downstream processing including distillation, dehydration, or crystallization dictates grade, expense, and regulation.
Applications are growing on three fronts: (1) elastomers and resins requiring diversified or reduced-carbon intermediates; (2) high-value-end consumer applications where 2,3-BDO is used as a mild, low-odor humectant; (3) renewable solvents enabling high-solids water-borne systems to minimize VOCs. Major challenges are energy-intensive separations, volatile carbohydrate prices, and incumbents’ competition such as propylene glycol. Countervailing trending supports 2,3-BDO as carbon-intensity reporting, mass-balance certifications, and an offtake partnership with a tire and resin manufacturers. Bio-based capacity is focused in Asia Pacific close to sugar streams and elastomer demand centers, whereas North America and Europe prioritize verified low-carbon, and pharma/cosmetic grades. With a better techno-economics and greater application qualification, 2,3-BDO has the potential for a solid rise through 2035.
| Drivers | Adoption of Low-carbon, Bio-based Intermediates Across Polymers, Coatings, and Personal Care |
| Growing Demand in Synthetic Rubber, Specialty Polyester, and Premium Cosmetic Applications |
Adoption of Low-carbon, Bio-based Intermediates Across Polymers, Coatings, and Personal Care
Business decarbonization plans are driving the substitution of petrochemical intermediates with bio-based, low-carbon alternatives that can provide verifiable greenhouse gas intensity reductions. Bio-fermented 2,3-BDO is a key intermediate that can facilitate lifecycle-emission reductions if made through renewable energy routes or second-generation feedstocks. Its implementation is consistent with company-level carbon accounting systems and policy frameworks requiring measurable steps toward sustainability targets. In formulation segments, 2,3-BDO offers functional benefits like enhanced solubility, humectancy, and compatibility with next-generation solvent systems, enabling shifts towards higher-solids or water-borne morphologies under increasingly restrictive VOC constraints.
Manufacturers are making investments in integrated fermentation, catalytic upgrade, and on-site purification platforms that not only enhance impurity control but also meet sensitive pharma and food-grade specifications. Mass-balance and ISCC-type scheme certification, combined with new digital traceability tools, increases the credibility of sustainability claims and enables producers to secure pricing premiums. Retailer scorecards and procurement policies increasingly favor renewable and recycled content, and certified bio-2,3-BDO thus provides access to premium market segments as well as long-term supply agreements. Cross-industry efforts to promote “green chemistry” and safer solvent uptake further support its position as a sustainable intermediate. These drivers join to drive a compelling draw for bio-attributed 2,3-BDO, ensuring market growth not just through greenery compliance but also in elevating company credentials and securing entry to high-value niches. The intersection of carbon-neutrality pathways, clean-label pressure driven by consumers, and end-user innovation ensures that 2,3-BDO is a pillar in the transition towards bio-based specialty chemicals.
Growing Demand in Synthetic Rubber, Specialty Polyester, and Premium Cosmetic Applications
The application of 2,3-BDO in industry is increasing even further due to usage as a cost-saving precursor and performance-enhancing filler remaining increasingly obvious. Some of the strongest demand drivers are its uses in the production of synthetic rubber, where butadiene-integrated processes for 2,3-BDO conversion present tire and elastomer producers with a multi-feedstock, lower-carbon alternative. This supply resilience is particularly relevant as international tire manufacturers and original equipment manufacturers work to hedge against unpredictability in fossil-based butadiene markets as they meet their long-term sustainability responsibilities. Specialty polyester end-applications of 2,3-BDO contribute well-balanced toughness, chemical stability, and customized glass-transition identity to enable resin-based manufacturers making high-performance resins that meet stringent industrial specifications. Its flexible processing allows formulators to fine-tune mechanical performance and processability for competitiveness in high-end coatings and adhesives applications. At the same time, in high-quality personal-care products, high-purity 2,3-BDO is a mild humectant and emollient with low odor, non-irritating character, and silky sensory feel attributes that are compatible with increasing consumer demand for sensitive-skin and clean-label products.
Industry collaborations are more focused on co-development programs, comprising impurity mapping, performance testing, and dossier preparation for regulatory purposes, to ensure 2,3-BDO is eligible for high-value specifications. The shared model not only ensures long-term offtake but also hastens adoption in new downstream markets. Broadening these application portfolios from industrial materials to premium consumer goods guarantees a diversified revenue stream and stabilizes demand cycles. As sustainability, performance, and consumer sensorial come together as decision factors, 2,3-BDO reinforces its strategic footing as a multifunctional intermediate, supporting capacity growth in Asia Pacific and transatlantic high-purity markets.
2,3-Butandiol Regional Market Outlook:
Asia Pacific with 48% dominating deep chemical value chains, robust tire/elastomer demand, and being close to carbohydrate feedstocks favoring bio-fermentation with China, Japan, and South Korea anchor downstream polymers and coatings. North America has specialty chemicals, personal-care clusters, and low-carbon production incentives; pilot-to-demo bio-BDO projects move in tandem with high-purity niches. Europe at 22% has guaranteed low-carbon raw materials and strict VOC control, stimulating hybrid processes and high-grade cosmetic/pharma grades; France, Germany, and Italy are leading the take-off in coatings and special polymers. Latin America develops from packaging and import substitution in tires, and Brazil is looking at biomass-based fermentable and local coatings demand. Middle East & Africa is at the emerging phase, with petrochemical parks and investment specialty chemical parks being employed to screen 2,3-BDO derivatives.
Geographically, integrated chemical companies collaborating with biotechnology companies and offtake with tire/resin/beauty brands are the catalyst for bankable project development and market reach.
Key Companies in 2,3-Butandiol Market:
The sector is controlled by a mixture of integrated chemical manufacturers, biotech scale-ups, and a high-purity specialists. The strategy focuses on commercialization of the bio-route, hybrid economics of the process, and downstream integration into elastomers/resins and cosmetics. Differentiation is based on confirmation of carbon intensity, purification experience, regulatory dossiers, and co-development of uses. Long-term offtake with tire, coatings, and beauty firms and mass-balance certification increasingly become determining factors. Expansion of capacity is concentrated in Asia Pacific, with North America and Europe targeting premium, certified grades.
Mitsubishi Chemical Group, Kuraray, BASF SE, Eastman Chemical, Celanese, UBE Corporation, Daicel Corporation, Perstorp, Toray Industries, LG Chem, LanzaTech Global, Genomatica, PTT Global Chemical, Sinopec, Merck KGaA, Tokyo Chemical Industry (TCI), Thermo Fisher Scientific, and Others are prominent players in the market.
Each of these players has been covered in the 2,3-Butandiol Market report on the basis of parameters like company background, financial background, business strategies, product offerings, business segments, and recent activities.
Key Developments in 2,3-Butandiol Market:
| 1. Genomatica and BASF progress high-purity 2,3-BDO collaboration: In February 2025, Companies reported strains productivity and energy-efficient purification gains, reporting customer trials for the cosmetic/pharma and low VOC coatings industries with mass-balance certification |
| 2. LanzaTech–Mitsubishi Chemical advance bio-2,3-BDO scale-up partnership: In April 2024, Partners developed pilot-to-demo integration of gas-fermentation with catalytic upgrading to make low-carbon 2,3-BDO for butadiene and resin intermediates, opening downstream qualification with tire and coatings customers and pursuing third-party verified carbon-intensity certification. |
2,3-Butandiol Market Attributes:
| ATTRIBUTE | DETAILS |
| Market Value, 2024 | $US 265.2 Million |
| Forecasted Market Value, 2035 | $US 399.7 Million |
| CAGR (2025-2035) | 3.8% |
| Analysis Period | 2025-2035 |
| Historic Period | 2020-2023 |
| Base Year | 2024 |
| Forecast Period | 2025-2035 |
| Volume Unit | Tons |
| Value Unit | $US Million |
| Market Segmentation | By Purity
By Grade         Â
By Production Process           Â
By Application            Â
By End-User   Â
By Region
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| Companies Profiles |
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| Customization Request | Available upon request |
1. Introduction
1.1. Report Scope
1.2. Market Segmentations and Definitions
1.3. Geographical Coverage
2. Executive Summary
2.1. Key Facts and Figures
2.2. Trends Impacting the Market
2.3. DatasticsR Growth Opportunity Matrix
3. Market Overview
3.1. Global 2,3-Butandiol Market Analysis and Forecast, 2020-2035
3.1.1. Global 2,3-Butandiol Market Size (Tons)
3.1.2. Global 2,3-Butandiol Market Size ($US Mn)
3.2. Supply-side and Demand-side Trends
3.3. Production Process Roadmap and Developments
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. Porter’s Five Forces Analysis
3.6. PESTL Analysis
3.7. Industry SWOT Analysis
3.8. Regulatory Landscape
3.9. Value Chain Analysis
3.9.1. List of Raw Material Suppliers
3.9.2. List of Manufacturers
3.9.3. List of Dealers/Distributors
3.9.4. List of Potential Customers
3.10. Impact of Current Geopolitical Scenario on the Market
4. Technical Analysis
4.1. Product Specification Analysis
4.2. Details of Manufacturing Process
4.3. Production Process Adoption and Emerging Technologies
4.4. R&D Trends and Patents Landscape
4.5. Cost Structure and Profitability Analysis
5. Global Production Output Analysis (Tons), by Region, 2024
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Latin America
5.5. Middle East and Africa
6. Import-export Analysis Volume (Tons) and Value ($US Mn), by Key Country, 2020-2024
7. Price Trend Analysis and Forecasting ($US/Ton), 2020-2035
7.1. Price Trend Analysis and Forecasting, by Purity
7.2. Price Trend Analysis and Forecasting, by Region
8. Global 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
9. Global 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
10. Global 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
11. Global 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
12. Global 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
13. Global 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Region, 2020-2035
14. North America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
15. North America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
16. North America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
17. North America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
18. North America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
19. U.S. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
20. U.S. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
21. U.S. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
22. U.S. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
23. U.S. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
24. Canada 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
25. Canada 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
26. Canada 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
27. Canada 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
28. Canada 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
29. Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
30. Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
31. Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
32. Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
33. Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
34. Germany 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
35. Germany 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
36. Germany 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
37. Germany 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
38. Germany 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
39. U.K. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
40. U.K. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
41. U.K. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
42. U.K. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
43. U.K. 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
44. France 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
45. France 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
46. France 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
47. France 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
48. France 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
49. Italy 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
50. Italy 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
51. Italy 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
52. Italy 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
53. Italy 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
54. Spain 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
55. Spain 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
56. Spain 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
57. Spain 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
58. Spain 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
59. Russia & CIS 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
60. Russia & CIS 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
61. Russia & CI 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
62. Russia & CIS 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
63. Russia & CIS 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
64. Rest of Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
65. Rest of Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
66. Rest of Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
67. Rest of Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
68. Rest of Europe 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
69. Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
70. Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
71. Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
72. Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
73. Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
74. China 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
75. China 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
76. China 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
77. China 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
78. China 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
79. India 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
80. India 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
81. India 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
82. India 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
83. India 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
84. Japan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
85. Japan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
86. Japan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
87. Japan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
88. Japan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
89. South Korea 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
90. South Korea 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
91. South Korea 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
92. South Korea 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Substrate, 2020-2035
93. South Korea 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
94. South Korea 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
95. Taiwan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
96. Taiwan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
97. Taiwan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
98. Taiwan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
99. Taiwan 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
100. Australia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
101. Australia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
102. Australia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
103. Australia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
104. Australia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
105. ASEAN 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
106. ASEAN 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
107. ASEAN 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
108. ASEAN 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
109. ASEAN 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
110. Rest of Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
111. Rest of Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
112. Rest of Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
113. Rest of Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
114. Rest of Asia Pacific 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
115. Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
116. Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
117. Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
118. Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
119. Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
120. Mexico 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
121. Mexico 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
122. Mexico 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
123. Mexico 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
124. Mexico 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
125. Brazil 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
126. Brazil 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
127. Brazil 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
128. Brazil 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
129. Brazil 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
130. Argentina 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
131. Argentina 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
132. Argentina 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
133. Argentina 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
134. Argentina 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
135. Rest of Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
136. Rest of Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
137. Rest of Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
138. Rest of Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
139. Rest of Latin America 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
140. Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
141. Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
142. Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
143. Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
144. Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
145. Saudi Arabia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
146. Saudi Arabia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
147. Saudi Arabia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
148. Saudi Arabia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
149. Saudi Arabia 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
150. UAE 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
151. UAE 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
152. UAE 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
153. UAE Coatings Market Analysis and Forecasting (Tons) ($US Mn), by Substrate, 2020-2035
154. UAE 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
155. UAE 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
156. South Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
157. South Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
158. South Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
159. South Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
160. South Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
161. Rest of Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Purity, 2020-2035
162. Rest of Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Grade, 2020-2035
163. Rest of Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Production Process, 2020-2035
164. Rest of Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by Application, 2020-2035
165. Rest of Middle East and Africa 2,3-Butandiol Market Analysis and Forecasting (Tons) ($US Mn), by End-use, 2020-2035
166. Competition Landscape
166.1. Market Share Analysis (%), by Company, 2024
166.2. Competitive Benchmarking
166.3. Company Profiles
166.3.1. Mitsubishi Chemical Group
166.3.1.1. Company Overview
166.3.1.2. Product Portfolio
166.3.1.3. Financials
166.3.1.4. Geographical Footprint
166.3.1.5. SWOT Analysis
166.3.1.6. Recent Developments and Strategies
166.3.2. Kuraray
166.3.2.1. Company Overview
166.3.2.2. Product Portfolio
166.3.2.3. Financials
166.3.2.4. Geographical Footprint
166.3.2.5. SWOT Analysis
166.3.2.6. Recent Developments and Strategies
166.3.3. BASF SE
166.3.3.1. Company Overview
166.3.3.2. Product Portfolio
166.3.3.3. Financials
166.3.3.4. Geographical Footprint
166.3.3.5. SWOT Analysis
166.3.3.6. Recent Developments and Strategies
166.3.4. Eastman Chemical
166.3.4.1. Company Overview
166.3.4.2. Product Portfolio
166.3.4.3. Financials
166.3.4.4. Geographical Footprint
166.3.4.5. SWOT Analysis
166.3.4.6. Recent Developments and Strategies
166.3.5. Celanese
166.3.5.1. Company Overview
166.3.5.2. Product Portfolio
166.3.5.3. Financials
166.3.5.4. Geographical Footprint
166.3.5.5. SWOT Analysis
166.3.5.6. Recent Developments and Strategies
166.3.6. UBE Corporation
166.3.6.1. Company Overview
166.3.6.2. Product Portfolio
166.3.6.3. Financials
166.3.6.4. Geographical Footprint
166.3.6.5. SWOT Analysis
166.3.6.6. Recent Developments and Strategies
166.3.7. Daicel Corporation
166.3.7.1. Company Overview
166.3.7.2. Product Portfolio
166.3.7.3. Financials
166.3.7.4. Geographical Footprint
166.3.7.5. SWOT Analysis
166.3.7.6. Recent Developments and Strategies
166.3.8. Perstorp
166.3.8.1. Company Overview
166.3.8.2. Product Portfolio
166.3.8.3. Financials
166.3.8.4. Geographical Footprint
166.3.8.5. SWOT Analysis
166.3.8.6. Recent Developments and Strategies
166.3.9. Toray Industries
166.3.9.1. Company Overview
166.3.9.2. Product Portfolio
166.3.9.3. Financials
166.3.9.4. Geographical Footprint
166.3.9.5. SWOT Analysis
166.3.9.6. Recent Developments and Strategies
166.3.10. LG Chem
166.3.10.1. Company Overview
166.3.10.2. Product Portfolio
166.3.10.3. Financials
166.3.10.4. Geographical Footprint
166.3.10.5. SWOT Analysis
166.3.10.6. Recent Developments and Strategies
166.3.11. LanzaTech Global
166.3.11.1. Company Overview
166.3.11.2. Product Portfolio
166.3.11.3. Financials
166.3.11.4. Geographical Footprint
166.3.11.5. SWOT Analysis
166.3.11.6. Recent Developments and Strategies
166.3.12. Genomatica
166.3.12.1. Company Overview
166.3.12.2. Product Portfolio
166.3.12.3. Financials
166.3.12.4. Geographical Footprint
166.3.12.5. SWOT Analysis
166.3.12.6. Recent Developments and Strategies
166.3.13. PTT Global Chemical
166.3.13.1. Company Overview
166.3.13.2. Product Portfolio
166.3.13.3. Financials
166.3.13.4. Geographical Footprint
166.3.13.5. SWOT Analysis
166.3.13.6. Recent Developments and Strategies
166.3.14. Sinopec
166.3.14.1. Company Overview
166.3.14.2. Product Portfolio
166.3.14.3. Financials
166.3.14.4. Geographical Footprint
166.3.14.5. SWOT Analysis
166.3.14.6. Recent Developments and Strategies
166.3.15. Merck KGaA
166.3.15.1. Company Overview
166.3.15.2. Product Portfolio
166.3.15.3. Financials
166.3.15.4. Geographical Footprint
166.3.15.5. SWOT Analysis
166.3.16. Tokyo Chemical Industry (TCI)
166.3.16.1. Company Overview
166.3.16.2. Product Portfolio
166.3.16.3. Financials
166.3.16.4. Geographical Footprint
166.3.16.5. SWOT Analysis
166.3.17. Thermo Fisher Scientific
166.3.17.1. Company Overview
166.3.17.2. Product Portfolio
166.3.17.3. Financials
166.3.17.4. Geographical Footprint
166.3.17.5. SWOT Analysis
166.3.18. Others
167. Appendix
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Frequently Asked Questions
The global 2,3-butandiol market in 2024 was $US 265.2 Million.
The global 2,3-butandiol market will be $US 399.7 Million by 2035.
The expected growth rate (CAGR%) of the global 2,3-butandiol market is 3.8% for the period 2025-2035.
Adoption of low-carbon, bio-based intermediates across polymers, coatings, and personal care, and Growing Demand in Synthetic Rubber, Specialty Polyester, and Premium Cosmetic Applications.
Intermediate chemicals was the leading applications of 2,3-butandiol in 2024
Asia Pacific was the leading regions for 2,3-butandiol holding around 48% of the global market in 2024.
Mitsubishi Chemical Group, Kuraray, BASF SE, Eastman Chemical, Celanese, UBE Corporation, Daicel Corporation, Perstorp, Toray Industries, LG Chem, LanzaTech Global, Genomatica, PTT Global Chemical, Sinopec, Merck KGaA, Tokyo Chemical Industry (TCI), Thermo Fisher Scientific, and Others.
