Press release
Metaldehyde Market Size, Share, Development by 2023
Metaldehyde is an organic compound with the formula (CH3CHO)4. It is commonly used as a pesticide against slugs, snails, and other gastropods. It is the cyclic tetramer of acetaldehyde.
Metaldehyde is an organic compound with the formula (CH3CHO)4. It is commonly used as a pesticide against slugs, snails, and other gastropods. It is the cyclic tetramer of acetaldehyde. World sales of metaldehyde reached 3820 MT in 2015, which mainly concentrated in EU, China, USA and Southeast Asia. The price of metaldehyde was around 8000~9000 USD/MT in 2015, with little raising year by year.
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Global Metaldehyde Market: Forecast by Type / Application / Region
The raw materials of metaldehyde are acetaldehyde and sulfuric acid. Among metaldehyde producers, only Lonza is capable of producing metaldehyde by itself. Currently, only four companies are capable of producing metaldehyde as active ingredient to apply as molluscicide, which are Lonza, Xuzhou Nuote, Xuzhou Shennong and Haimen Zhaofeng. Lonza is the sole producer in EU, while the other three companies are located in China The major producer-Lonza, has more than 80 years’ experience in this field. The second largest producer- Xuzhou Nuote has also spent more than 10 years to develop their product. The high technical barrier is the main factor that limits other companies to enter into this market.
Over the next five years, LPI(LP Information) projects that Metaldehyde will register a 1.4% CAGR in terms of revenue, reach US$ 37 million by 2023, from US$ 34 million in 2017.
Global Metaldehyde Market: Key Players
Lonza
Xuzhou Nuote
Xuzhou Shennong
Haimen Zhaofeng
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Related Information:
United States Metaldehyde Market Research Report 2018
Europe Metaldehyde Market Research Report 2018
North America Metaldehyde Market Research Report 2018
Asia-Pacific Metaldehyde Market Research Report 2018
China Metaldehyde Market Research Report 2018
EMEA Metaldehyde Market Research Report 2018
Global Metaldehyde Market Research Report 2018
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