According to this latest study, the growth in the 2-Mercaptoethanol Market will change significantly from the previous year. Over the next five years, 2-Mercaptoethanol Market will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.
2-Mercaptoethanol is the chemical compound with the formula HOCH2CH2SH. ME or βME, as it is commonly abbreviated, is used to reduce disulfide bonds and can act as a biological antioxidant by scavenging hydroxyl radicals (amongst others). It is widely used because the hydroxyl group confers solubility in water and lowers the volatility. Due to its diminished vapor pressure, its odor, while unpleasant, is less objectionable than related thiols. 2-Mercaptoethanol is used in some RNA isolation procedures to eliminate ribonuclease released during cell lysis. Numerous disulfide bonds make ribonucleases very stable enzymes, so 2-mercaptoethanol is used to reduce these disulfide bonds and irreversibly denature the proteins. This prevents them from digesting the RNA during its extraction procedure. 2-Mercaptoethanol (also known as beta-mercaptoethanol or BME) is a potent reducing agent used in cell culture media to prevent toxic levels of oxygen radicals.
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
Key Players Covered In 2-Mercaptoethanol Market Are:
· Chevron Phillips Chemical
· BASF
· Sunion Chemical & Plastics
Market has segmented the global 2-Mercaptoethanol market on the basis of type, application, and region:
By Type:
· ? 99%
By Application:
· Consumer & Industrial Applications
· Agrochemicals
· Polymers and Rubber Applications
· Water Treatment Applications
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of South America)
Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, 2-Mercaptoethanol Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
Also, the research study will cover a detailed five forces analysis containing the bargaining power of buyers, bargaining power of suppliers, the threat of new entrants, substitutes, rivalry, and market condition
The research provides an up-to-date analysis of the current market scenario, as well as the current developments and drivers, and the market landscape. Furthermore, the growing demand for 2-Mercaptoethanol is expected to propel the industry forward. The 2-Mercaptoethanol market analysis is segmented into type, application, and geographic landscape.
Reasons to Purchase 2-Mercaptoethanol Market Report
· 2-Mercaptoethanol Market Report provides qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
· 2-Mercaptoethanol Market report gives outline of market value (USD) data for each segment and sub-segment.
· This report indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
· 2-Mercaptoethanol Market Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
· Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
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