2,3-Butanediol Market to Expand with Significant CAGR | 2025


The global 2, 3-butanediol market is likely to experience a slow growth rate due to irregular use of 2, 3-butanediol, during the forecast period 2017-2025. However, there are numerous local and regional traders, importers, and distributers who are supplying 2, 3-butanediol to various end users. Some of the major players in the market are LanzaTech, MERIC, BioAmber, Inc, and TCI Pvt. Ltd. Manufacturers are coming up with different ways to produce the 2, 3-buanediol, for example, scientists at National Collection of Industrial Microorganisms Center and Chemical Engineering and Process Development Division from India has found a way to convert glycerol into 2, 3- butanediol with the help of bacterial strains. The bacterial strains used were Klebsialla pneumonia NCIM 5215 and Enterobacter aerogenes NCIM 2695.

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What Makes 2, 3-Butanediol So Important?

2, 3-butanediol is a chemical intermediate which finds its application in various industrial sector. 2, 3-BDO is an important element in manufacturing printing inks, softening and moistening agents, and synthetic perfumes. Due to its unique properties, 2, 3-butanediol is used as a solvent for lacquers and resins. It is also known to be used as a carrier for drugs in this rising pharmaceutical industry. Due to its low freezing point, 2, 3-butanediol is used as an anti-freeze agent. However, the major diver driving the market is the rising taste preference among consumer. 2, 3-buanediol is extensively used as a flavoring agent.

Why Is 2, 3-Butanediol Market Not Attractive To The Investors?

Though, 2, 3-butanediol market has the potential for replacing its synthetic counterpart, 2, 3-butnaediol is used for producing 1, 3 butadiene. Due to the unique structure accompanied with expensive chemical synthesis, the market is facing a sluggish growth rate. 2, 3-butanediol as of now has not been produced on a large scale due to its high price. This has resulted in inadequate development of its application.

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