2,3-Butanediol Industry Outlook Report 2025: A $400+ Million Market By 2037, Driven By Bio-Economy Initiatives Fuel Fermentation-Based Production, And Rising Demand For Eco-Friendly Solvents
Dublin, Oct. 20, 2025 (GLOBE NEWSWIRE) -- The "2,3-Butanediol Market Outlook 2037" report has been added to ResearchAndMarkets's offering.
The global 2,3-Butanediol market was valued at USD 226.05 million in 2024 and is projected to reach USD 401.07 million by 2037, expanding at a CAGR of 4.5% during the forecast period (2025-2037).
In 2025, the market size is expected to be USD 234.47 million. The 2,3-Butanediol market is gaining momentum as industries increasingly seek versatile intermediates for producing eco-friendly solvents, polymers, and fuel additives. Its role in next-generation material science and bio-refining processes is expanding, especially with growing interest in biodegradable plastics and green aviation fuels.
Additionally, the rise of bio-economy initiatives across the globe is encouraging large-scale fermentation-based production of 2,3-Butanediol from renewable sources.
Key Topics Covered:
An Outline of the Global 2,3-Butanediol Market
- Market Definition Market Segmentation Assumptions and Abbreviations
Research Methodology & Approach
- Primary Research Secondary Research SPSS Methodology Data Triangulation
Executive Summary
- Growth Drivers Major Roadblocks Opportunities Prevalent Trends Government Regulation Up-Coming Technologies Growth Outlook Risk Overview Value Chain SWOT Regional Demand Recent Development News
Market Price Comparison: Bio-Based vs. Fossil Fuel-Derived 2,3-Butanediol
- Pricing Benchmarking Uses and Applications: Bio-Based vs Fossil Fuel-Derived 2,3-Butenediol Comprehensive Environmental Impact Assessment of Bio-Based 2,3 Butanediol(BDO) Techno-Economic Comparison of Bio-Based & Petrochemical 2,3-Butanediol(BDO) Crude Oil Price Fluctuation and Their Impact on Fossil-Based Chemical Markets Consumer Preferences & Industry Trends Shifting Towards Green Chemical in the Global 2,3-Butanediol Market Growth Potential for 2,3-Butanediol End-Use Industry of 2,3-Butanediol Market Government Initiatives Driving Bio-Based 2,3-Butanediol(BDO) Production Root Cause Analysis for discovering Problems of the Global 2,3-Butanediol Market Unique Selling Proposition (USP) Analysis Strategic Recommendations for Sumitomo Chemical in the Global 2,3-Butanediol Market
Comparative Positioning
- Competitive Landscape Competitive Model Company Market Share
Business Profile of Key Enterprise
- Biokemik BOC Sciences FUJIFILM Wako Pure Chemical Corporation GS Caltex Corporation Haihang Industry Merck KGaA Orochem Technologies, Inc. Otto Chemie Pvt. Ltd. Thermo Fisher Scientific Inc. Tokyo Chemical Industry (India) Pvt. Ltd.
Global 2,3-Butanediol Market Outlook
- Market Overview Market Revenue by Value (USD Thousand), Volume (Tons), and Compound Annual Growth Rate (CAGR) Global 2,3-Butanediol Market Segmentation Analysis (2024-2037)
By Source Type
- Bio-Based 2,3 Butanediol, Market Value (USD Thousand), Volume (Tons) and CAGR, 2024-2037F Fossil Fuel-Derived 2,3-Butanediol, Market Value (USD Thousand), Volume (Tons) and CAGR, 2024-2037F
By Purity Level
- Up to 85%, Market Value (USD Thousand), and CAGR, 2024-2037F >85% - 97%, Market Value (USD Thousand), and CAGR, 2024-2037F >97%, Market Value (USD Thousand), and CAGR, 2024-2037F
By Route of Synthesis
- Fermentation, Market Value (USD Thousand), and CAGR, 2024-2037F Conventional, Market Value (USD Thousand), and CAGR, 2024-2037F
By Application
- Fertilizers, Market Value (USD Thousand), and CAGR, 2024-2037F Plasticizers, Market Value (USD Thousand), and CAGR, 2024-2037F Polyurethanes, Market Value (USD Thousand), and CAGR, 2024-2037F Printing Inks, Market Value (USD Thousand), and CAGR, 2024-2037F Perfumes, Market Value (USD Thousand), and CAGR, 2024-2037F Food Additives, Market Value (USD Thousand), and CAGR, 2024-2037F Resins, Market Value (USD Thousand), and CAGR, 2024-2037F Others, Market Value (USD Thousand), and CAGR, 2024-2037F
By End use Industry
- Chemical Industry, Market Value (USD Thousand), and CAGR, 2024-2037F Pharmaceuticals, Market Value (USD Thousand), and CAGR, 2024-2037F Food & Beverage, Market Value (USD Thousand), and CAGR, 2024-2037F Automotive & Fuel Industry, Market Value (USD Thousand), and CAGR, 2024-2037F Cosmetics & Personal Care, Market Value (USD Thousand), and CAGR, 2024-2037F Agriculture, Market Value (USD Thousand), and CAGR, 2024-2037F Others, Market Value (USD Thousand), and CAGR, 2024-2037F
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