Market Overview:
The global beta mercaptoethanol 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 beta mercaptoethanol from various applications, such as consumer & industrial applications, agrochemicals, polymers and rubber applications, water treatment applications and other segments. Beta mercaptoethanol is used as an intermediate in various chemical reactions and also finds application in corrosion inhibitors, pharmaceuticals and personal care products.
Product Definition:
A colorless liquid with a characteristic odor, used as a solvent and in the manufacture of other chemicals. It is also used in the food industry as a preservative.
Above 99%:
Beta mercaptoethanol is a type of chemical that is used in the manufacturing of household and industrial cleaners. It has multiple applications such as inks & coatings, adhesives, rubber processing, textiles and leather products among others. The global demand for beta mercaptoethanol has been witnessing growth over the past few years on account of its increasing application scope across various end-use industries.
Below 99%:
Below 99% is a chemical compound of Mercaptoethanol. It has a boiling point of °C and a melting point of °C. The liquid has an odor similar to that of gasoline and isopropyl alcohol, which makes it unpalatable for human consumption.
Application Insights:
The global beta mercaptoethanol market is segmented on the basis of application into consumer & industrial applications, agrochemicals, polymers and rubber applications, water treatment applications, and other. The polymer and rubber application segment led the market in 2017. Beta mercaptoethanol is widely used as a cross-linker for polyethylene in vulcanization processes to improve mechanical properties such as tensile strength and toughness. It also finds use as an antioxidant in tire manufacturing which helps reduce friction heat build-up between moving parts thus reducing energy consumption by tires during rolling resistance tests.
Water treatment is expected to be one of the fastest growing segments over the forecast period owing to its rising demand from various end-use industries including pharmaceuticals, food processing plants, paper mills etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth in this region is attributed to increasing product demand from various end-use industries such as agrochemicals, water treatment, and consumer products. In addition, rising population coupled with rapid urbanization has resulted in increased food demand which will drive beta mercaptoethanol consumption further.
The European market for beta mercaptoethanol accounted for over 25% of the global revenue share in 2017 on account of high product utilization across several end-use industries such as polymers and rubber applications and agrochemicals owing to its excellent performance characteristics including resistance against molding process during manufacturing processes along with stability under heat conditions are some other factors responsible for its large share within the region.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and printing inks
- Rising awareness about the benefits of using beta mercaptoethanol in various applications
- Growing investments by leading players in R&D to develop new products and applications
- Expansion of production capacities by key manufacturers to meet the rising demand for beta mercaptoethanol globally
- Emerging economies offering lucrative growth opportunities for the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Beta Mercaptoethanol Market Research Report
By Type
Above 99%, Below 99%
By Application
Consumer & Industrial Applications, Agrochemicals, Polymers and Rubber Applications, Water Treatment Applications, Other
By Companies
Chevron Phillips Chemical, BASF, Sunion Chemical & Plastics, Chevron Phillips Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Beta Mercaptoethanol Market Report Segments:
The global Beta Mercaptoethanol market is segmented on the basis of:
Types
Above 99%, Below 99%
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.
Applications
Consumer & Industrial Applications, Agrochemicals, Polymers and Rubber Applications, Water Treatment Applications, 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:
- Chevron Phillips Chemical
- BASF
- Sunion Chemical & Plastics
- Chevron Phillips Chemical
Highlights of The Beta Mercaptoethanol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Above 99%
- Below 99%
- By Application:
- Consumer & Industrial Applications
- Agrochemicals
- Polymers and Rubber Applications
- Water Treatment Applications
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beta Mercaptoethanol 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beta mercaptoethanol is a type of alcohol that has a beta carbon atom at the second position from the methyl group.
Some of the key players operating in the beta mercaptoethanol market are Chevron Phillips Chemical, BASF, Sunion Chemical & Plastics, Chevron Phillips Chemical.
The beta mercaptoethanol market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beta Mercaptoethanol Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Beta Mercaptoethanol Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Beta Mercaptoethanol Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Beta Mercaptoethanol Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Beta Mercaptoethanol Market Size & Forecast, 2018-2028 4.5.1 Beta Mercaptoethanol Market Size and Y-o-Y Growth 4.5.2 Beta Mercaptoethanol Market Absolute $ Opportunity
Chapter 5 Global Beta Mercaptoethanol Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Beta Mercaptoethanol Market Size Forecast by Type
5.2.1 Above 99%
5.2.2 Below 99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Beta Mercaptoethanol Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Beta Mercaptoethanol Market Size Forecast by Applications
6.2.1 Consumer & Industrial Applications
6.2.2 Agrochemicals
6.2.3 Polymers and Rubber Applications
6.2.4 Water Treatment Applications
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beta Mercaptoethanol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beta Mercaptoethanol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Beta Mercaptoethanol Analysis and Forecast
9.1 Introduction
9.2 North America Beta Mercaptoethanol Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Beta Mercaptoethanol Market Size Forecast by Type
9.6.1 Above 99%
9.6.2 Below 99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Beta Mercaptoethanol Market Size Forecast by Applications
9.10.1 Consumer & Industrial Applications
9.10.2 Agrochemicals
9.10.3 Polymers and Rubber Applications
9.10.4 Water Treatment Applications
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Beta Mercaptoethanol Analysis and Forecast
10.1 Introduction
10.2 Europe Beta Mercaptoethanol Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Beta Mercaptoethanol Market Size Forecast by Type
10.6.1 Above 99%
10.6.2 Below 99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Beta Mercaptoethanol Market Size Forecast by Applications
10.10.1 Consumer & Industrial Applications
10.10.2 Agrochemicals
10.10.3 Polymers and Rubber Applications
10.10.4 Water Treatment Applications
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Beta Mercaptoethanol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Beta Mercaptoethanol Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Beta Mercaptoethanol Market Size Forecast by Type
11.6.1 Above 99%
11.6.2 Below 99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Beta Mercaptoethanol Market Size Forecast by Applications
11.10.1 Consumer & Industrial Applications
11.10.2 Agrochemicals
11.10.3 Polymers and Rubber Applications
11.10.4 Water Treatment Applications
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Beta Mercaptoethanol Analysis and Forecast
12.1 Introduction
12.2 Latin America Beta Mercaptoethanol Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Beta Mercaptoethanol Market Size Forecast by Type
12.6.1 Above 99%
12.6.2 Below 99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Beta Mercaptoethanol Market Size Forecast by Applications
12.10.1 Consumer & Industrial Applications
12.10.2 Agrochemicals
12.10.3 Polymers and Rubber Applications
12.10.4 Water Treatment Applications
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Beta Mercaptoethanol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Beta Mercaptoethanol Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Beta Mercaptoethanol Market Size Forecast by Type
13.6.1 Above 99%
13.6.2 Below 99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Beta Mercaptoethanol Market Size Forecast by Applications
13.10.1 Consumer & Industrial Applications
13.10.2 Agrochemicals
13.10.3 Polymers and Rubber Applications
13.10.4 Water Treatment Applications
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beta Mercaptoethanol Market: Competitive Dashboard
14.2 Global Beta Mercaptoethanol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chevron Phillips Chemical
14.3.2 BASF
14.3.3 Sunion Chemical & Plastics
14.3.4 Chevron Phillips Chemical