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(R)-1,3-butanediol Global Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

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    Report

  • 75 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 5726578
Description Jump to:
(R)-1,3-Butanediol, a colorless, viscous liquid, serves as a versatile intermediate in the production of various chemical compounds. Its unique alcohol properties make it a valuable component in the manufacture of plastics, cosmetics, solvents, and pharmaceuticals. As the demand for bio-based chemicals continues to rise, the (R)-1,3-butanediol market has gained significant traction, driven by its applications in industries seeking sustainable and environmentally friendly alternatives.

Market Size

As of 2023, the global (R)-1,3-butanediol market is valued at approximately $800 million, with projections estimating a compound annual growth rate (CAGR) of 8.0% from 2024 to 2029. This growth is primarily fueled by ongoing innovations in bio-based production technologies and the expanding use of (R)-1,3-butanediol in sectors such as personal care, automotive, and food & beverages.

Share & Trends Analysis Report

By Product Type

The (R)-1,3-butanediol market is segmented into various product types, which include:
  • Chemical Grade: Primarily used in industrial applications.
  • Food Grade: Used extensively in food and beverage applications.
  • Pharmaceutical Grade: Used in pharmaceutical formulations.
The chemical grade segment holds the largest market share, accounting for approximately 50% of the total market in 2023, driven by its robust use in chemical synthesis and various industrial processes.

By Key Players

Key players in the (R)-1,3-butanediol market include:
  • UMINACORP
  • Olin Corporation
  • Genomatica
  • Archer Daniels Midland Company (ADM)
  • Puracol
These companies are engaged in strategic initiatives such as partnerships, acquisitions, and investments in technology to enhance production capabilities and expand their market presence.

By Process

The primary processes for producing (R)-1,3-butanediol include:
  • Chemical Synthesis: A traditional method that involves the chemical conversion of various feedstocks.
  • Biotechnological Process: Using microorganisms for the fermentation of sugars, this process is gaining popularity due to its sustainability.
Currently, the biotechnological process is anticipated to grow significantly, contributing to a more sustainable production method and appealing to environmentally conscious consumers.

By Application

(R)-1,3-butanediol finds application across a diverse range of industries, including:
  • Cosmetics & Personal Care: Used in formulations as a humectant and solvent.
  • Automotive: Employed in the production of antifreeze and other engine coolants.
  • Food & Beverages: Acts as a flavoring agent, preserving food quality.
  • Pharmaceuticals: Utilized in drug formulations and other medicinal applications.
The cosmetics & personal care segment is projected to witness the highest growth rate, attributed to the rising consumer preference for natural and organic ingredients.

By End-Use

The market can also be segmented based on end-use, primarily into:
  • Industrial
  • Commercial
  • Residential
Industrial applications dominate the market, driven by widespread usage in chemical manufacturing and formulation processes.

By Region

The regional distribution of the (R)-1,3-butanediol market is outlined as follows:
  • North America: Holds a significant market share owing to robust industrial activity.
  • Europe: Driven by advancements in biotechnological production methods.
  • Asia-Pacific: Exhibits rapid growth due to increased demand from end-use industries, particularly in China and India.
  • Latin America and Middle East & Africa: Emerging markets are beginning to show potential due to increasing investments in green chemistry initiatives.

Market News on Policy and Companies

Recent policy changes focusing on sustainability and carbon footprint reduction are driving the (R)-1,3-butanediol market. Regulatory frameworks in various regions are encouraging the adoption of bio-based chemicals, leading to increased investments from both public and private sectors. Companies like Genomatica are making strides in producing (R)-1,3-butanediol using renewable resources, showcasing a commitment to sustainability that is becoming increasingly important in the market.

Segment Forecasts 2024-2029

Looking ahead, the (R)-1,3-butanediol market is expected to continue its upward trajectory, with notable trends including:
  • Increased Adoption of Bio-based Products: As consumer preferences shift towards sustainability, market participants are predicted to invest in bio-based production technologies.
  • Innovation in Applications: The expanding use of (R)-1,3-butanediol in new applications, particularly in manufacturing biodegradable plastics and sustainable personal care products, will drive further market growth.
  • Global Expansion Strategies: Leading manufacturers are likely to pursue expansion into emerging markets in Asia-Pacific, Latin America, and Africa to meet the rising local demands.
The forecast period from 2024 to 2029 indicates a significant chance for growth with an increased CAGR reaching around 8.5% as companies position themselves strategically to leverage emerging technologies and market trends.

Conclusion

In conclusion, the (R)-1,3-butanediol market is poised for substantial growth driven by a combination of increasing demand from various industries, advancements in production technologies, and a growing consumer preference for sustainable products. Key players are focusing on innovation, strategic alliances, and expansion to capitalize on the emerging opportunities within this sector. As the market evolves, staying ahead of trends will be crucial for participants aiming to maintain a competitive edge.

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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 (R)-1,3-Butanediol Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of (R)-1,3-Butanediol by Region
8.2 Import of (R)-1,3-Butanediol by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast (R)-1,3-Butanediol Market in North America (2019-2029)
9.1 (R)-1,3-Butanediol Market Size
9.2 (R)-1,3-Butanediol Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast (R)-1,3-Butanediol Market in South America (2019-2029)
10.1 (R)-1,3-Butanediol Market Size
10.2 (R)-1,3-Butanediol Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast (R)-1,3-Butanediol Market in Asia & Pacific (2019-2029)
11.1 (R)-1,3-Butanediol Market Size
11.2 (R)-1,3-Butanediol Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast (R)-1,3-Butanediol Market in Europe (2019-2029)
12.1 (R)-1,3-Butanediol Market Size
12.2 (R)-1,3-Butanediol Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast (R)-1,3-Butanediol Market in MEA (2019-2029)
13.1 (R)-1,3-Butanediol Market Size
13.2 (R)-1,3-Butanediol Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global (R)-1,3-Butanediol Market (2019-2024)
14.1 (R)-1,3-Butanediol Market Size
14.2 (R)-1,3-Butanediol Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global (R)-1,3-Butanediol Market Forecast (2024-2029)
15.1 (R)-1,3-Butanediol Market Size Forecast
15.2 (R)-1,3-Butanediol Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 Daicel Chemical
16.1.1 Company Profile
16.1.2 Main Business and (R)-1,3-butanediol Information
16.1.3 SWOT Analysis of Daicel Chemical
16.1.4 Daicel Chemical (R)-1,3-butanediol Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Chiracon GmbH
16.2.1 Company Profile
16.2.2 Main Business and (R)-1,3-butanediol Information
16.2.3 SWOT Analysis of Chiracon GmbH
16.2.4 Chiracon GmbH (R)-1,3-butanediol Sales, Revenue, Price and Gross Margin (2019-2024)
16.3 Camphor Technologies
16.3.1 Company Profile
16.3.2 Main Business and (R)-1,3-butanediol Information
16.3.3 SWOT Analysis of Camphor Technologies
16.3.4 Camphor Technologies (R)-1,3-butanediol Sales, Revenue, Price and Gross Margin (2019-2024)
16.4 ShiJiaZhuang Chirals Chemical
16.4.1 Company Profile
16.4.2 Main Business and (R)-1,3-butanediol Information
16.4.3 SWOT Analysis of ShiJiaZhuang Chirals Chemical
16.4.4 ShiJiaZhuang Chirals Chemical (R)-1,3-butanediol Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of (R)-1,3-Butanediol Report
Table Data Sources of (R)-1,3-Butanediol Report
Table Major Assumptions of (R)-1,3-Butanediol Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure (R)-1,3-Butanediol Picture
Table (R)-1,3-Butanediol Classification
Table (R)-1,3-Butanediol Applications List
Table Drivers of (R)-1,3-Butanediol Market
Table Restraints of (R)-1,3-Butanediol Market
Table Opportunities of (R)-1,3-Butanediol Market
Table Threats of (R)-1,3-Butanediol Market
Table Raw Materials Suppliers List
Table Different Production Methods of (R)-1,3-Butanediol
Table Cost Structure Analysis of (R)-1,3-Butanediol
Table Key End Users List
Table Latest News of (R)-1,3-Butanediol Market
Table Merger and Acquisition List
Table Planned/Future Project of (R)-1,3-Butanediol Market
Table Policy of (R)-1,3-Butanediol Market
Table 2019-2029 Regional Export of (R)-1,3-Butanediol
Table 2019-2029 Regional Import of (R)-1,3-Butanediol
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America (R)-1,3-Butanediol Market Size and Market Volume List
Figure 2019-2029 North America (R)-1,3-Butanediol Market Size and CAGR
Figure 2019-2029 North America (R)-1,3-Butanediol Market Volume and CAGR
Table 2019-2029 North America (R)-1,3-Butanediol Demand List by Application
Table 2019-2024 North America (R)-1,3-Butanediol Key Players Sales List
Table 2019-2024 North America (R)-1,3-Butanediol Key Players Market Share List
Table 2019-2029 North America (R)-1,3-Butanediol Demand List by Type
Table 2019-2024 North America (R)-1,3-Butanediol Price List by Type
Table 2019-2029 United States (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 United States (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Canada (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Canada (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Mexico (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Mexico (R)-1,3-Butanediol Import & Export List
Table 2019-2029 South America (R)-1,3-Butanediol Market Size and Market Volume List
Figure 2019-2029 South America (R)-1,3-Butanediol Market Size and CAGR
Figure 2019-2029 South America (R)-1,3-Butanediol Market Volume and CAGR
Table 2019-2029 South America (R)-1,3-Butanediol Demand List by Application
Table 2019-2024 South America (R)-1,3-Butanediol Key Players Sales List
Table 2019-2024 South America (R)-1,3-Butanediol Key Players Market Share List
Table 2019-2029 South America (R)-1,3-Butanediol Demand List by Type
Table 2019-2024 South America (R)-1,3-Butanediol Price List by Type
Table 2019-2029 Brazil (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Brazil (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Argentina (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Argentina (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Chile (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Chile (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Peru (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Peru (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Asia & Pacific (R)-1,3-Butanediol Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific (R)-1,3-Butanediol Market Size and CAGR
Figure 2019-2029 Asia & Pacific (R)-1,3-Butanediol Market Volume and CAGR
Table 2019-2029 Asia & Pacific (R)-1,3-Butanediol Demand List by Application
Table 2019-2024 Asia & Pacific (R)-1,3-Butanediol Key Players Sales List
Table 2019-2024 Asia & Pacific (R)-1,3-Butanediol Key Players Market Share List
Table 2019-2029 Asia & Pacific (R)-1,3-Butanediol Demand List by Type
Table 2019-2024 Asia & Pacific (R)-1,3-Butanediol Price List by Type
Table 2019-2029 China (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 China (R)-1,3-Butanediol Import & Export List
Table 2019-2029 India (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 India (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Japan (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Japan (R)-1,3-Butanediol Import & Export List
Table 2019-2029 South Korea (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 South Korea (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Southeast Asia (R)-1,3-Butanediol Market Size List
Table 2019-2029 Southeast Asia (R)-1,3-Butanediol Market Volume List
Table 2019-2029 Southeast Asia (R)-1,3-Butanediol Import List
Table 2019-2029 Southeast Asia (R)-1,3-Butanediol Export List
Table 2019-2029 Australia (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Australia (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Europe (R)-1,3-Butanediol Market Size and Market Volume List
Figure 2019-2029 Europe (R)-1,3-Butanediol Market Size and CAGR
Figure 2019-2029 Europe (R)-1,3-Butanediol Market Volume and CAGR
Table 2019-2029 Europe (R)-1,3-Butanediol Demand List by Application
Table 2019-2024 Europe (R)-1,3-Butanediol Key Players Sales List
Table 2019-2024 Europe (R)-1,3-Butanediol Key Players Market Share List
Table 2019-2029 Europe (R)-1,3-Butanediol Demand List by Type
Table 2019-2024 Europe (R)-1,3-Butanediol Price List by Type
Table 2019-2029 Germany (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Germany (R)-1,3-Butanediol Import & Export List
Table 2019-2029 France (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 France (R)-1,3-Butanediol Import & Export List
Table 2019-2029 United Kingdom (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 United Kingdom (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Italy (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Italy (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Spain (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Spain (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Belgium (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Belgium (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Netherlands (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Netherlands (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Austria (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Austria (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Poland (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Poland (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Russia (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Russia (R)-1,3-Butanediol Import & Export List
Table 2019-2029 MEA (R)-1,3-Butanediol Market Size and Market Volume List
Figure 2019-2029 MEA (R)-1,3-Butanediol Market Size and CAGR
Figure 2019-2029 MEA (R)-1,3-Butanediol Market Volume and CAGR
Table 2019-2029 MEA (R)-1,3-Butanediol Demand List by Application
Table 2019-2024 MEA (R)-1,3-Butanediol Key Players Sales List
Table 2019-2024 MEA (R)-1,3-Butanediol Key Players Market Share List
Table 2019-2029 MEA (R)-1,3-Butanediol Demand List by Type
Table 2019-2024 MEA (R)-1,3-Butanediol Price List by Type
Table 2019-2029 Egypt (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Egypt (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Israel (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Israel (R)-1,3-Butanediol Import & Export List
Table 2019-2029 South Africa (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 South Africa (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries (R)-1,3-Butanediol Import & Export List
Table 2019-2029 Turkey (R)-1,3-Butanediol Market Size and Market Volume List
Table 2019-2029 Turkey (R)-1,3-Butanediol Import & Export List
Table 2019-2024 Global (R)-1,3-Butanediol Market Size List by Region
Table 2019-2024 Global (R)-1,3-Butanediol Market Size Share List by Region
Table 2019-2024 Global (R)-1,3-Butanediol Market Volume List by Region
Table 2019-2024 Global (R)-1,3-Butanediol Market Volume Share List by Region
Table 2019-2024 Global (R)-1,3-Butanediol Demand List by Application
Table 2019-2024 Global (R)-1,3-Butanediol Demand Market Share List by Application
Table 2019-2024 Global (R)-1,3-Butanediol Capacity List
Table 2019-2024 Global (R)-1,3-Butanediol Key Vendors Capacity Share List
Table 2019-2024 Global (R)-1,3-Butanediol Key Vendors Production List
Table 2019-2024 Global (R)-1,3-Butanediol Key Vendors Production Share List
Figure 2019-2024 Global (R)-1,3-Butanediol Capacity Production and Growth Rate
Table 2019-2024 Global (R)-1,3-Butanediol Key Vendors Production Value List
Figure 2019-2024 Global (R)-1,3-Butanediol Production Value and Growth Rate
Table 2019-2024 Global (R)-1,3-Butanediol Key Vendors Production Value Share List
Table 2019-2024 Global (R)-1,3-Butanediol Demand List by Type
Table 2019-2024 Global (R)-1,3-Butanediol Demand Market Share List by Type
Table 2019-2024 Regional (R)-1,3-Butanediol Price List
Table 2024-2029 Global (R)-1,3-Butanediol Market Size List by Region
Table 2024-2029 Global (R)-1,3-Butanediol Market Size Share List by Region
Table 2024-2029 Global (R)-1,3-Butanediol Market Volume List by Region
Table 2024-2029 Global (R)-1,3-Butanediol Market Volume Share List by Region
Table 2024-2029 Global (R)-1,3-Butanediol Demand List by Application
Table 2024-2029 Global (R)-1,3-Butanediol Demand Market Share List by Application
Table 2024-2029 Global (R)-1,3-Butanediol Capacity List
Table 2024-2029 Global (R)-1,3-Butanediol Key Vendors Capacity Share List
Table 2024-2029 Global (R)-1,3-Butanediol Key Vendors Production List
Table 2024-2029 Global (R)-1,3-Butanediol Key Vendors Production Share List
Figure 2024-2029 Global (R)-1,3-Butanediol Capacity Production and Growth Rate
Table 2024-2029 Global (R)-1,3-Butanediol Key Vendors Production Value List
Figure 2024-2029 Global (R)-1,3-Butanediol Production Value and Growth Rate
Table 2024-2029 Global (R)-1,3-Butanediol Key Vendors Production Value Share List
Table 2024-2029 Global (R)-1,3-Butanediol Demand List by Type
Table 2024-2029 Global (R)-1,3-Butanediol Demand Market Share List by Type
Table 2024-2029 (R)-1,3-Butanediol Regional Price List
Table Daicel Chemical Information
Table SWOT Analysis of Daicel Chemical
Table 2019-2024 Daicel Chemical (R)-1,3-butanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Daicel Chemical (R)-1,3-butanediol Capacity Production and Growth Rate
Figure 2019-2024 Daicel Chemical (R)-1,3-butanediol Market Share
Table Chiracon GmbH Information
Table SWOT Analysis of Chiracon GmbH
Table 2019-2024 Chiracon GmbH (R)-1,3-butanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Chiracon GmbH (R)-1,3-butanediol Capacity Production and Growth Rate
Figure 2019-2024 Chiracon GmbH (R)-1,3-butanediol Market Share
Table Camphor Technologies Information
Table SWOT Analysis of Camphor Technologies
Table 2019-2024 Camphor Technologies (R)-1,3-butanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 Camphor Technologies (R)-1,3-butanediol Capacity Production and Growth Rate
Figure 2019-2024 Camphor Technologies (R)-1,3-butanediol Market Share
Table ShiJiaZhuang Chirals Chemical Information
Table SWOT Analysis of ShiJiaZhuang Chirals Chemical
Table 2019-2024 ShiJiaZhuang Chirals Chemical (R)-1,3-butanediol Product Capacity Production Price Cost Production Value
Figure 2019-2024 ShiJiaZhuang Chirals Chemical (R)-1,3-butanediol Capacity Production and Growth Rate
Figure 2019-2024 ShiJiaZhuang Chirals Chemical (R)-1,3-butanediol Market Share

Companies Mentioned

  • Daicel Chemical
  • Chiracon GmbH
  • Camphor Technologies
  • ShiJiaZhuang Chirals Chemical

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