Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global 2,3-Pentanedione Market by Type (Purity 95%, Purity 97%, Other), By Application (Chemical Reagents, Pharmaceutical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global 2,3-Pentanedione Market by Type (Purity 95%, Purity 97%, Other), By Application (Chemical Reagents, Pharmaceutical Intermediates, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138880 3300 Chemical & Material 377 244 Pages 5 (40)

Market Overview:

The global 2,3-pentanedione market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for chemical reagents and pharmaceutical intermediates. In terms of type, the purity 95% segment is expected to dominate the market during the forecast period owing to its high demand from end-use industries. In terms of application, chemical reagents are expected to account for a major share of the global 2,3-pentanedione market during the forecast period.

Global 2,3-Pentanedione Industry Outlook

Product Definition:

2,3-Pentanedione is a ketone that has a fruity odor. It is used as a flavoring agent and fragrance.

Purity 95%:

2,3-Pentanedione is a chemical compound and an organic intermediate used in the production of plastics. It is also used as a reagent for the determination of impurities in pharmaceutical products and food & beverages. The global purity 95% has been witnessing strong growth over the past few years on account of its increasing demand from various end-use industries such as plastic, pharmaceuticals, food & beverage among others.

Purity 97%:

Purity 97% is a white crystalline solid and is used as an intermediate in the production of 2,3-pentanedione. It has applications as an intermediate for manufacturing plasticizers, lubricants, solvents & coatings additives and chemical reagent. Plasticizers are used to increase flexibility & flowability of plastics while maintaining their strength; they also help reduce processing costs by making the product malleable enough to mold into desired shapes.

Application Insights:

The other application segment includes the use of 2,3-pentanedione as a chemical reagent in academic research. The chemical is used for its ability to form carbon-carbon bonds and functional groups. It is also employed for its capacity to react with nucleophiles such as hydroxyl, amino and carboxyl groups. In addition, it finds applications in the production of pharmaceutical intermediates and other industrial chemicals.

Regional Analysis:

North America dominated the global 2,3-pentanedione market in terms of revenue with a share of over 60% in 2017. This is attributed to the presence of major players such as Chevron Phillips Chemical Company and BASF SE in this region. The increasing demand for plastics and growing chemical manufacturing industry are also driving growth. In addition, North America has one of the highest per capita income levels which enables people to choose from various options available for consumption; thus resulting into higher product demand.

Asia Pacific is expected to witness significant growth over the forecast period owing to rapid industrialization along with an increase in infrastructure activities that lead towards economic development thereby creating opportunities for plastic products manufacturing companies across this region. Furthermore, countries such as China and India have been experiencing strong economic growth which will further boost regional market expansion during the forecast period  (2018 - 2030).

Growth Factors:

  • Increasing demand for flavor and fragrance additives in food and beverage industry
  • Growing popularity of natural flavors over synthetic flavors
  • Rising demand for diacetyl-free products in the food industry
  • Increasing application scope of 2,3-pentanedione in various end-use industries
  • Technological advancements in production process

Scope Of The Report

Report Attributes

Report Details

Report Title

2,3-Pentanedione Market Research Report

By Type

Purity 95%, Purity 97%, Other

By Application

Chemical Reagents, Pharmaceutical Intermediates, Other

By Companies

TCI, Alfa Chemistry, Acros Organics, Waterstone Technology, DeLong Chemicals, Advanced Synthesis Technologies, 3B Scientific, Weishi County XiangYuan, J & K SCIENTIFIC, Meryer (Shanghai) Chemical Technology, Energy Chemical, Jia Xing Isenchem

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global 2,3-Pentanedione Market Report Segments:

The global 2,3-Pentanedione market is segmented on the basis of:


Purity 95%, Purity 97%, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Chemical Reagents, Pharmaceutical Intermediates, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. TCI
  2. Alfa Chemistry
  3. Acros Organics
  4. Waterstone Technology
  5. DeLong Chemicals
  6. Advanced Synthesis Technologies
  7. 3B Scientific
  8. Weishi County XiangYuan
  10. Meryer (Shanghai) Chemical Technology
  11. Energy Chemical
  12. Jia Xing Isenchem

Global 2,3-Pentanedione Market Overview

Highlights of The 2,3-Pentanedione Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Purity 95%
    2. Purity 97%
    3. Other
  1. By Application:

    1. Chemical Reagents
    2. Pharmaceutical Intermediates
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 2,3-Pentanedione Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global 2,3-Pentanedione Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

2,3-Pentanedione is a synthetic compound with the chemical formula C5H10N4O2. It is a white solid that is soluble in water and most organic solvents. 2,3-Pentanedione has been used as an industrial solvent and as a precursor to other chemicals.

Some of the major companies in the 2,3-pentanedione market are TCI, Alfa Chemistry, Acros Organics, Waterstone Technology, DeLong Chemicals, Advanced Synthesis Technologies, 3B Scientific, Weishi County XiangYuan, J & K SCIENTIFIC, Meryer (Shanghai) Chemical Technology, Energy Chemical, Jia Xing Isenchem.

The 2,3-pentanedione market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. 2,3-Pentanedione Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. 2,3-Pentanedione Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. 2,3-Pentanedione Market - Supply Chain
   4.5. Global 2,3-Pentanedione Market Forecast
      4.5.1. 2,3-Pentanedione Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. 2,3-Pentanedione Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. 2,3-Pentanedione Market Absolute $ Opportunity

5. Global 2,3-Pentanedione Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. 2,3-Pentanedione Market Size and Volume Forecast by Type
      5.3.1. Purity 95%
      5.3.2. Purity 97%
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global 2,3-Pentanedione Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. 2,3-Pentanedione Market Size and Volume Forecast by Application
      6.3.1. Chemical Reagents
      6.3.2. Pharmaceutical Intermediates
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global 2,3-Pentanedione Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. 2,3-Pentanedione Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global 2,3-Pentanedione Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. 2,3-Pentanedione Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global 2,3-Pentanedione Demand Share Forecast, 2019-2029

9. North America 2,3-Pentanedione Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America 2,3-Pentanedione Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America 2,3-Pentanedione Market Size and Volume Forecast by Application
      9.4.1. Chemical Reagents
      9.4.2. Pharmaceutical Intermediates
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America 2,3-Pentanedione Market Size and Volume Forecast by Type
      9.7.1. Purity 95%
      9.7.2. Purity 97%
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America 2,3-Pentanedione Demand Share Forecast, 2019-2029

10. Latin America 2,3-Pentanedione Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America 2,3-Pentanedione Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America 2,3-Pentanedione Market Size and Volume Forecast by Application
      10.4.1. Chemical Reagents
      10.4.2. Pharmaceutical Intermediates
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America 2,3-Pentanedione Market Size and Volume Forecast by Type
      10.7.1. Purity 95%
      10.7.2. Purity 97%
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America 2,3-Pentanedione Demand Share Forecast, 2019-2029

11. Europe 2,3-Pentanedione Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe 2,3-Pentanedione Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe 2,3-Pentanedione Market Size and Volume Forecast by Application
      11.4.1. Chemical Reagents
      11.4.2. Pharmaceutical Intermediates
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe 2,3-Pentanedione Market Size and Volume Forecast by Type
      11.7.1. Purity 95%
      11.7.2. Purity 97%
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe 2,3-Pentanedione Demand Share, 2019-2029

12. Asia Pacific 2,3-Pentanedione Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific 2,3-Pentanedione Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific 2,3-Pentanedione Market Size and Volume Forecast by Application
      12.4.1. Chemical Reagents
      12.4.2. Pharmaceutical Intermediates
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific 2,3-Pentanedione Market Size and Volume Forecast by Type
      12.7.1. Purity 95%
      12.7.2. Purity 97%
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific 2,3-Pentanedione Demand Share, 2019-2029

13. Middle East & Africa 2,3-Pentanedione Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa 2,3-Pentanedione Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa 2,3-Pentanedione Market Size and Volume Forecast by Application
      13.4.1. Chemical Reagents
      13.4.2. Pharmaceutical Intermediates
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa 2,3-Pentanedione Market Size and Volume Forecast by Type
      13.7.1. Purity 95%
      13.7.2. Purity 97%
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa 2,3-Pentanedione Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global 2,3-Pentanedione Market: Market Share Analysis
   14.2. 2,3-Pentanedione Distributors and Customers
   14.3. 2,3-Pentanedione Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. TCI Overview Financials Developments Strategic Outlook
      14.4.2. Alfa Chemistry Overview Financials Developments Strategic Outlook
      14.4.3. Acros Organics Overview Financials Developments Strategic Outlook
      14.4.4. Waterstone Technology Overview Financials Developments Strategic Outlook
      14.4.5. DeLong Chemicals Overview Financials Developments Strategic Outlook
      14.4.6. Advanced Synthesis Technologies Overview Financials Developments Strategic Outlook
      14.4.7. 3B Scientific Overview Financials Developments Strategic Outlook
      14.4.8. Weishi County XiangYuan Overview Financials Developments Strategic Outlook
      14.4.9. J & K SCIENTIFIC Overview Financials Developments Strategic Outlook
      14.4.10. Meryer (Shanghai) Chemical Technology Overview Financials Developments Strategic Outlook
      14.4.11. Energy Chemical Overview Financials Developments Strategic Outlook
      14.4.12. Jia Xing Isenchem Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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