Acetaldehyde Market was valued at USD 1.26 Billion in 2016 and is projected to reach USD 1.80 Billion by 2027, at a CAGR of 6% during the forecast period 2021-2027.
Acetaldehyde is a compound with the formula CH3CHO. It occurs widely in nature and is one of the most important aldehydes produced on a large scale by industry. The main use of acetaldehyde is essential as an intermediate in the synthesis of various chemicals. Acetaldehyde is infinite in the environment and can also be produced in the body by the breakdown of ethanol. Acetaldehyde is mainly used in the production of polyester resins, perfumes and basic dyes, and is used as a gelatin curing agent, denaturant in alcohol, fruit and fish preservatives, flavoring agent, fuel composition, rubber, tanning and paper industry catalyst.
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Market Segments
Based on Process:
- Oxidation of Ethylene (Wacker Process)
- Oxidation of Ethanol
- Dehydrogenation of Ethanol
- Others (Hydration of Acetylene and Hydroformylation of Methanol)
Based on Derivatives:
- Pyridine & Pyridine Bases
- Pentaerythritol
- Acetic Acid
- Ethyl Acetate
- Others (Butylene Glycol, Chloral, Peracetic Acid)
Based on Application:
- Chemicals
- Plastics & Synthetic Rubber
- Food & Beverage
- Paints & Coatings
- Pharmaceuticals & Cosmetics
- Paper & Pulp
- Water Treatment
Key Players
- Celanese (US)
- Eastman (US)
- Merck KGaA (Germany)
- Sumitomo (Japan)
- Sekab (Sweden)
- Showa Denko (Japan)
- Jubilant Life Sciences (India)
- Lonza (Switzerland)
Scope of the Report
The research study analyzes the global Acetaldehyde industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Acetaldehyde Market Report
1. What was the Acetaldehyde Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Acetaldehyde Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Acetaldehyde Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Acetaldehyde market.
- The market share of the global Acetaldehyde market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Acetaldehyde market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Acetaldehyde market.
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