Global 2-Mercaptoethanol Market : Industry Analysis and Forecast (2020-2026)

Global 2-Mercaptoethanol Market is expected to grow at a CAGR of 5.5% during the forecast period and is expected to reach US$ 0.10 Bn by 2026.

The report covers the detailed analysis of the Global 2-mercaptoethanol industry with the classifications of the market on the basis of type, application and region. Analysis of past market dynamics from 2016 to 2020 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.

2-Mercaptoethanol is known as 2-ME, BME or β-mercaptoethanol. It is mixture of ethylene glycol and 1, 2-ethanedithiol. It is found in clear, colorless liquid form with strong foul odor. The reaction between hydrogen sulfide with ethylene oxide results in formation of 2-mercaptoethanol.



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The report has profiled fifteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. Manufacturing environment in each region is different and focus is given to regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.
Global 2-Mercaptoethanol Market Dynamics
The growing demand from wide application area such as PVC production, food industry, water treatment and polymers & rubbers is major growth driver for global 2-mercaptoethanol market. In addition to that, its properties like good reducing agent, tendency to quickly with oxidizers and act as biological antioxidant also helps in demand growth by enlarging boundary of application area. On the other hand, 2-mercaptoethanol is toxic in nature and cause irritation to skin and nasal passageways, which is expected major growth restraint for market. In addition to that, it can cause vomiting and stomach pain and its exposure may cause death.

The growing investment and awareness for water treatment and food, is expected to grow demand in food industry and water treatment by creating new opportunities for global 2-mercaptoethanol market.
Global 2-Mercaptoethanol Market Segment Analysis


On the basis of types, the global 2-mercaptoethanol market is segmented as ≥99% and <99%.≥99% segment held major shares in the global market as it has wide application area due to comparatively having less toxic inhalation. The ≥99% segment held XX% of global market shares in 2020 and is expected to reach US$ XX Bn by 2026 at a CAGR of XX% during forecast period.



Based on application, the PVC production was valued at US$ XX Bn in 2020 and expected to reach US$ XX Bn by 2026 at a CAGR of XX% during forecast period. Rising demand for PVC from various sectors such as packaging, manufacturing helps in growth of PVC production segment. 2-mercaptoethanol is used as a tin stabilizer during PVC production. Polymer & rubbers segment held second largest shares of global market in 2020 and is estimated to reach US$ XX Bn by 2026 at a CAGR of XX% during forecast period.
Global 2-Mercaptoethanol Market Regional Analysis
Asia-Pacific held major shares in the global 2-mercsptoethanol market in 2020 and is expected to remain major during forecast period also. The growing demand various industries such as agrochemicals, water treatment, ink & dye additives, polymers & rubbers and PVC production, is major responsible factor for growth of global 2-mercaptoethanol market in Asia-Pacific. China and India economies are major shareholder of global market in Asia-Pacific. The Asia-Pacific was valued at US$ XX Bn in 2020 and is estimated to reach US$ XX Bn by 2026 at a CGAR of XX% during forecast period. Europe and North America held 2nd and 3rd largest major shares respectively, in global 2-mercaptoethanol market in 2020.
Scope of the Global 2-Mercaptoethanol Market: Inquire before Buying
The report helps in understanding Global 2-mercaptoethanol Market dynamics, structure, by analyzing the market segments and projects the Global 2-mercaptoethanol Market size. The clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global 2-mercaptoethanol market make the report investor’s guide.


Global 2-Mercaptoethanol Market Key Players
The Report provides detail study of the key players of global 2-mercaptoethanol market with their growth by conserving past data. In addition to that report helps reader with the company profile, Company Overview, Financial Overview, Product Portfolio, Business Strategy, Recent Developments and Development Footprint analysis and growth strategies for each.

• BASF SE
• Chevron Philips Chemical
• Shanghai Polymet Commodities Ltd
• Hefei TNJ Chemical Industry Co. Ltd.
• VWR
• Sunion Chemical & Plastic Co. Ltd.
• LabdhiChem
• ULTIMA CHEMICALS
• OttOChemiePvt Ltd.
• Triveni Chemicals
• Century Multech, Inc.
• Hangzhou ZhongqiChem Co. Ltd
• Xiamen Equation Chemical Co. Ltd
• Merck Schuchardt OHG
• Sigma-Aldrich International GmbH