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Global Acetaldehyde Industry Assesment report 2018-2025

11-27-2018 06:16 AM CET | Health & Medicine

Press release from: QYResearch, Inc.

This report studies the global Acetaldehyde market status and forecast, categorizes the global Acetaldehyde market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Acetaldehyde (systematically ethanal) is an organic chemical compound with the formula CH3CHO or MeCHO. It is one of the most important aldehydes, occurring widely in nature and being produced on a large scale industrially. Acetaldehyde occurs naturally in coffee, bread, and ripe fruit, and is produced by plants as part of their normal metabolism. It is also produced by oxidation of ethanol.

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First, the global Acetaldehyde market is concentrated: Celanese, Eastman, Showa Denko, CNPC and Sinopec are the leading players in this market. For example, Celanese is the biggest supplier in Europe, and Eastman is the only supplier in United States.

Second, the global market for acetaldehyde has been in mature status for the past twenty years. Rigid decrease of Acetaldehyde capacity had been witnessed from 1990 to 2000, but the market change became modest ever since. In recent years, slight decrease of production has happened in Acetaldehyde industry, as the reduction of Acetic acid produced by Acetaldehyde method. However, for the coming years, the Acetaldehyde market would be increase due to the rigid demand of downstream products like Pentaerythritol.

Third, the most prevalent processes of Acetaldehyde Manufacturing are oxidation of Ethylene method and Ethyl Alcohol method (Oxidation and dehydrogenation). Ethylene method has been used for many years to produce Acetic acid. However, Ethyl Alcohol method has been used increasingly, especially in Europe and India. It is estimated that Ethyl Alcohol method would be the dominate process of Acetaldehyde in the future.

Fourth, the import and export business of this industry is not frequent. Most products are digested in domestic market rather than export to other region, since Acetaldehyde is a very toxic substance and might cause cancer even contacted for a short while.

Fifth, Acetic acid facilities based on Acetaldehyde continue to operate in Asia and South America, although these will eventually be phased out in favor of methanol carbonylation. Pyridine, pentaerythritol, and acetate esters are the most promising applications of Acetaldehyde industry.

Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Acetaldehyde will increase.

Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The global Acetaldehyde market is valued at 1660 million US$ in 2017 and will reach 1460 million US$ by the end of 2025, growing at a CAGR of -1.6% during 2018-2025.

The major players covered in this report

Eastman Chemical Company

Showa Denko K.K.

Celanese Corporation

Sumitomo Chemical Co., Ltd.

LCY GROUP

Jubilant

SEKAB

Laxmi Organic Industries Ltd

Lonza

Ashok Alco – chem Limited

CNPC

Sinopec

Jinyimeng Group

Shijiazhuang Xinyu Sanyang Industry

Shandong Hongda

Shandong Kunda Biotechnology

Hubei Yihua

China Overseas Pioneer Chemicals

Yuntianhua

Sanmu

Nanjing Redsun

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

United States

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Ethylene Type

Ethanol Type

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

Acetic acid

Pentaerythritol

Pyridines

Acetate esters

Others

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