Acetaldehyde Market 2018 by Global Leaders Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), Merck KGaA (Germany), Sumitomo Corporation (Japan), SEKAB (Sweden), SHOWA DENKO K.K.

Acetaldehyde Market Overview to 2023

Acetaldehyde is an organic, free-flowing compound used as a precursor to most of the chemical synthesis and its derivatives. Naturally, it occurs in coffee and fruits. Wacker process, i.e., ethylene oxidation, is used to produce acetaldehyde commercially.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5723

Competitive Analysis

Some of the prominent manufacturers in the global market of Acetaldehyde are Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), Merck KGaA (Germany), Sumitomo Corporation (Japan), SEKAB (Sweden), SHOWA DENKO K.K. (Japan), Jubilant Life Sciences Ltd. (India), Ashok Alco- chem Limited (India), LCY Group (Taiwan), Laxmi Organic Industries Ltd. (India), Lonza (Switzerland), Naran Lala Pvt. Ltd. (India), Eurochem Group AG (Switzerland), Wacker Chemie AG (Germany), and China National Petroleum Corporation (China).

The Global Acetaldehyde Market is majorly driven by its application as a chemical intermediate. Various chemicals are produced using acetaldehyde include pyridine & pyridine bases, pentaerythritol, acetic acid among others. The increasing demand for acetaldehyde as a preservative and flavoring agent from the food & beverage industry is another major driver of the Global Acetaldehyde Market. It is highly used to add flavors to various consumables such as milk products, baked goods, fruit juices, desserts, candies, and soft drinks.

Market Segmentation

The product type segment is categorized into pyridine & pyridine bases, pentaerythritol, acetic acid, peracetic acid, ethyl acetate, and others. The pyridine & pyridine based and pentaerythritol together lead the segmental market. Pyridine is a precursor of many agrochemicals and pharmaceuticals. Nitrapyrin is the fertilizer produced using pyridine, which is responsible for the transformation of nitrogen in the soil. Pentaerythritol is used in fuel composition to produce aviation turbine fuel, automotive engine oil, lubricants, etc. which drives the product demand in the aerospace & defense, automotive, and others.

Get Complete Report @ https://www.marketresearchfuture.com/reports/acetaldehyde-market-5723

Regional Analysis

The Global Acetaldehyde Market is spanned across five major regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. The Asia Pacific is expected to dominate the Global Acetaldehyde Market due to the high demand from major end-use industries such as chemical and agricultural industries in this region. Countries such as China, India, and Japan drive the regional market owing to the demand from the above-mentioned industries.

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar, Pune - 411028
Maharashtra, India

This release was published on openPR.