
The global 2-Mercaptoethanol market size is predicted to grow from US$ 90.1 million in 2025 to US$ 114 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.
2-Mercaptoethanol (also ß-mercaptoethanol, BME, 2BME, 2-ME or ß-met) is the chemical compound with the formula HOCH2CH2SH. 2-ME is a colorless liquid, with an amine-like odor. It is flammable and soluble in water and various organic solvents. 2-ME can be used as the intermediate in the production of PVC stabilizer, crop protection, pharmaceuticals, photographic chemicals, solvent and stabilizer, initial product for chemical syntheses, water treatment and corrosion inhibitor.
Global 4 largest manufacturers of 2-Mercaptoethanol are Chevron Phillips Chemical, BASF, Sunion Chemical & Plastics and EFIRM. Among them, Sunion Chemical & Plastics is the leader with about 40% market share.
Asia-Pacific is the largest market, with a share over 40%, followed by Europe and North America, with the share about 23% and 25%. In terms of product type, Atmospheric Pressure Method occupies the largest share of the total market, more than 55%. In terms of product application, Polymers and Rubber Applications occupy the largest share of the total market, about 30%.
In North America market, the key players of 2-Mercaptoethanol include Chevron Phillips Chemical and BASF, etc. The top two players hold a share over 90%.
The “2-Mercaptoethanol Industry Forecast” looks at past sales and reviews total world 2-Mercaptoethanol sales in 2024, providing a comprehensive analysis by region and market sector of projected 2-Mercaptoethanol sales for 2025 through 2031. With 2-Mercaptoethanol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 2-Mercaptoethanol industry.
This Insight Report provides a comprehensive analysis of the global 2-Mercaptoethanol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 2-Mercaptoethanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 2-Mercaptoethanol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 2-Mercaptoethanol and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 2-Mercaptoethanol.
This report presents a comprehensive overview, market shares, and growth opportunities of 2-Mercaptoethanol market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
High Pressure Method
Atmospheric Pressure Method
Segmentation by Application:
Consumer & Industrial Applications
Agrochemicals
Polymers and Rubber Applications
Water Treatment Applications
Superplasticizer
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Chevron Phillips Chemical
BASF
Sunion Chemical & Plastics
EFIRM
Key Questions Addressed in this Report
What is the 10-year outlook for the global 2-Mercaptoethanol market?
What factors are driving 2-Mercaptoethanol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 2-Mercaptoethanol market opportunities vary by end market size?
How does 2-Mercaptoethanol break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global 2-Mercaptoethanol Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for 2-Mercaptoethanol by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for 2-Mercaptoethanol by Country/Region, 2020, 2024 & 2031
2.2 2-Mercaptoethanol Segment by Type
2.2.1 High Pressure Method
2.2.2 Atmospheric Pressure Method
2.3 2-Mercaptoethanol Sales by Type
2.3.1 Global 2-Mercaptoethanol Sales Market Share by Type (2020-2025)
2.3.2 Global 2-Mercaptoethanol Revenue and Market Share by Type (2020-2025)
2.3.3 Global 2-Mercaptoethanol Sale Price by Type (2020-2025)
2.4 2-Mercaptoethanol Segment by Application
2.4.1 Consumer & Industrial Applications
2.4.2 Agrochemicals
2.4.3 Polymers and Rubber Applications
2.4.4 Water Treatment Applications
2.4.5 Superplasticizer
2.4.6 Others
2.5 2-Mercaptoethanol Sales by Application
2.5.1 Global 2-Mercaptoethanol Sale Market Share by Application (2020-2025)
2.5.2 Global 2-Mercaptoethanol Revenue and Market Share by Application (2020-2025)
2.5.3 Global 2-Mercaptoethanol Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global 2-Mercaptoethanol Breakdown Data by Company
3.1.1 Global 2-Mercaptoethanol Annual Sales by Company (2020-2025)
3.1.2 Global 2-Mercaptoethanol Sales Market Share by Company (2020-2025)
3.2 Global 2-Mercaptoethanol Annual Revenue by Company (2020-2025)
3.2.1 Global 2-Mercaptoethanol Revenue by Company (2020-2025)
3.2.2 Global 2-Mercaptoethanol Revenue Market Share by Company (2020-2025)
3.3 Global 2-Mercaptoethanol Sale Price by Company
3.4 Key Manufacturers 2-Mercaptoethanol Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers 2-Mercaptoethanol Product Location Distribution
3.4.2 Players 2-Mercaptoethanol Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for 2-Mercaptoethanol by Geographic Region
4.1 World Historic 2-Mercaptoethanol Market Size by Geographic Region (2020-2025)
4.1.1 Global 2-Mercaptoethanol Annual Sales by Geographic Region (2020-2025)
4.1.2 Global 2-Mercaptoethanol Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic 2-Mercaptoethanol Market Size by Country/Region (2020-2025)
4.2.1 Global 2-Mercaptoethanol Annual Sales by Country/Region (2020-2025)
4.2.2 Global 2-Mercaptoethanol Annual Revenue by Country/Region (2020-2025)
4.3 Americas 2-Mercaptoethanol Sales Growth
4.4 APAC 2-Mercaptoethanol Sales Growth
4.5 Europe 2-Mercaptoethanol Sales Growth
4.6 Middle East & Africa 2-Mercaptoethanol Sales Growth
5 Americas
5.1 Americas 2-Mercaptoethanol Sales by Country
5.1.1 Americas 2-Mercaptoethanol Sales by Country (2020-2025)
5.1.2 Americas 2-Mercaptoethanol Revenue by Country (2020-2025)
5.2 Americas 2-Mercaptoethanol Sales by Type (2020-2025)
5.3 Americas 2-Mercaptoethanol Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC 2-Mercaptoethanol Sales by Region
6.1.1 APAC 2-Mercaptoethanol Sales by Region (2020-2025)
6.1.2 APAC 2-Mercaptoethanol Revenue by Region (2020-2025)
6.2 APAC 2-Mercaptoethanol Sales by Type (2020-2025)
6.3 APAC 2-Mercaptoethanol Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe 2-Mercaptoethanol by Country
7.1.1 Europe 2-Mercaptoethanol Sales by Country (2020-2025)
7.1.2 Europe 2-Mercaptoethanol Revenue by Country (2020-2025)
7.2 Europe 2-Mercaptoethanol Sales by Type (2020-2025)
7.3 Europe 2-Mercaptoethanol Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa 2-Mercaptoethanol by Country
8.1.1 Middle East & Africa 2-Mercaptoethanol Sales by Country (2020-2025)
8.1.2 Middle East & Africa 2-Mercaptoethanol Revenue by Country (2020-2025)
8.2 Middle East & Africa 2-Mercaptoethanol Sales by Type (2020-2025)
8.3 Middle East & Africa 2-Mercaptoethanol Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of 2-Mercaptoethanol
10.3 Manufacturing Process Analysis of 2-Mercaptoethanol
10.4 Industry Chain Structure of 2-Mercaptoethanol
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 2-Mercaptoethanol Distributors
11.3 2-Mercaptoethanol Customer
12 World Forecast Review for 2-Mercaptoethanol by Geographic Region
12.1 Global 2-Mercaptoethanol Market Size Forecast by Region
12.1.1 Global 2-Mercaptoethanol Forecast by Region (2026-2031)
12.1.2 Global 2-Mercaptoethanol Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global 2-Mercaptoethanol Forecast by Type (2026-2031)
12.7 Global 2-Mercaptoethanol Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Chevron Phillips Chemical
13.1.1 Chevron Phillips Chemical Company Information
13.1.2 Chevron Phillips Chemical 2-Mercaptoethanol Product Portfolios and Specifications
13.1.3 Chevron Phillips Chemical 2-Mercaptoethanol Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Chevron Phillips Chemical Main Business Overview
13.1.5 Chevron Phillips Chemical Latest Developments
13.2 BASF
13.2.1 BASF Company Information
13.2.2 BASF 2-Mercaptoethanol Product Portfolios and Specifications
13.2.3 BASF 2-Mercaptoethanol Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 BASF Main Business Overview
13.2.5 BASF Latest Developments
13.3 Sunion Chemical & Plastics
13.3.1 Sunion Chemical & Plastics Company Information
13.3.2 Sunion Chemical & Plastics 2-Mercaptoethanol Product Portfolios and Specifications
13.3.3 Sunion Chemical & Plastics 2-Mercaptoethanol Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Sunion Chemical & Plastics Main Business Overview
13.3.5 Sunion Chemical & Plastics Latest Developments
13.4 EFIRM
13.4.1 EFIRM Company Information
13.4.2 EFIRM 2-Mercaptoethanol Product Portfolios and Specifications
13.4.3 EFIRM 2-Mercaptoethanol Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 EFIRM Main Business Overview
13.4.5 EFIRM Latest Developments
14 Research Findings and Conclusion
*If Applicable.
