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Most Awaited Acetaldehyde Market Report Out Now: Eastman Chemical Company, Celanese Corporation, Merck KGaA, Sumitomo Chemical, SHOWA DENKO K.K, Ashok Alco
Acetaldehyde Market is expected to reach USD 2.10 billion by 2025, from USD 1.32 billion in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Acetaldehyde (systematic name ethanal) is an organic chemical compound with the formula CH3CHO, sometimes abbreviated by chemists as MeCHO (Me = methyl). It is one of the most important aldehydes, occurring widely in nature and being produced on a large scale in industry. Acetaldehyde occurs naturally in coffee, bread, and ripe fruit and is produced by plants. It is also produced by the partial oxidation of ethanol by the liver enzyme alcohol dehydrogenase and is a contributing cause of hangover after alcohol consumption. Pathways of exposure include air, water, land, or groundwater, as well as drink and smoke. Consumption of disulfiram inhibits acetaldehyde dehydrogenase, the enzyme responsible for the metabolism of acetaldehyde, thereby causing it to build up in the body.
The International Agency for Research on Cancer (IARC) has listed acetaldehyde as a Group 1 carcinogen. Acetaldehyde is "one of the most frequently found air toxins with cancer risk greater than one in a million".
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The global acetaldehyde market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acetaldehyde market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players: Global Acetaldehyde Market
Some of the major players operating in the global acetaldehyde market are – Eastman Chemical Company, Celanese Corporation, Merck KGaA, Sumitomo Chemical Co., Ltd., SHOWA DENKO K.K, Ashok Alco – chem Limited (AACL), Jubilant Life Sciences Ltd., LCY GROUP, Lonza, Sekab, Amadis Chemical Co.,Ltd., China National Petroleum Corporation, Eurochem, FINETECH INDUSTRY LIMITED, Fisher Scientific, GODAVARI BIOREFINERIES LTD., Kanoria Chemicals & Industries Ltd., LOBA Chemie, Penta Manufacturer, Shandong Kunda Biotechnology Co., Ltd., Tractus and many more
Major Market Drivers and Restraints:
• High demand of pyridines in developing region
• Growing demand for pentaerythritol for the production neopolyol esters
• Demand in paper & pulp, pharmaceutical, food & beverage and water treatment sector
• Availability of substitute for the production of acetic acid and butyraldehde
• Harmful effect of acetaldehyde
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Market Segmentation: Global Acetaldehyde Market
• The global acetaldehyde market is segmented based on process, directive, application and geographical segments.
• Based on process, the global acetaldehyde market is segmented into oxidation of ethylene, oxidation of ethanol, dehydrogenation of ethanol and others. Oxidation of ethylene is further sub segmented into one-stage and two stage process.
• On the basis of directives, the global acetaldehyde market is classified into pyridine & pyridine bases, pentaerythritol, acetic acid, ethyl acetate and others.
• On the basis of application, the global acetaldehyde market is classified into chemicals, plastics & synthetic rubber, food & beverage, paints & coatings, pharmaceuticals & cosmetics, paper & pulp, water treatment and others.
• Based on geography, the global acetaldehyde market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others
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