Global Beta Mercaptoethanol Market Insights, Forecast to 2028

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.
Market Analysis and Insights: Global Beta Mercaptoethanol Market
Due to the COVID-19 pandemic, the global Beta Mercaptoethanol market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Above 99% accounting for % of the Beta Mercaptoethanol global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Consumer & Industrial Applications segment is altered to an % CAGR throughout this forecast period.
China Beta Mercaptoethanol market size is valued at US$ million in 2021, while the US and Europe Beta Mercaptoethanol are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Beta Mercaptoethanol landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Beta Mercaptoethanol include Chevron Phillips Chemical, BASF and Sunion Chemical & Plastics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Beta Mercaptoethanol capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Beta Mercaptoethanol by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Beta Mercaptoethanol Scope and Segment
Beta Mercaptoethanol market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Beta Mercaptoethanol market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Above 99%
Below 99%
Segment by Application
Consumer & Industrial Applications
Agrochemicals
Polymers and Rubber Applications
Water Treatment Applications
Other
By Company
Chevron Phillips Chemical
BASF
Sunion Chemical & Plastics
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E