Press release
Acetaldehyde Market to exceed USD 2.25 billion by 2026 at CAGR of 6.4% | By Key Players- Showa Denko K.K., Merck KGaA, Celanese Corporation, Eastman Chemical Company
The Global Acetaldehyde Market is forecast to reach USD 2.25 Billion by 2026, according to a new report by Reports and Data. Acetaldehyde, otherwise called ethanal (CH3CHO), is an organic compound in the aldehyde group. The colorless and flammable liquid has a pungent smell, and it is mainly used as vinegar in households. This compound is present in several fruits and vegetables as well as in diesel and gasoline exhausts.The report depicts why our team of analysts speculate substantial growth of the Acetaldehyde market in the forecast period. There are many different segmentations that are used to better comprehend the situation of the market. Additionally, an accurate estimation of the market prospects can be drawn.
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Key participants include Showa Denko K.K., Merck KGaA, Celanese Corporation, Eastman Chemical Company, Jubilant Life Sciences, Lonza Group Ltd., BASF SE, CNPC, Sumitomo Chemical Co. Ltd., and Ashok Alco-Chem Ltd. among others.
For the purpose of this report, Reports and Data have segmented into the global acetaldehyde market on the basis of process, derivatives, application, and region:
Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
o Ethylene Oxidation
o Ethanol Oxidation
o Ethanol Dehydrogenation
Derivatives Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
o Pyridine
o Pentaerythritol
o Acetic Acid
o Ethyl Acetate
o Others
Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
o Food & Beverages
o Chemicals
o Paints & Coatings
o Plastic & Synthetic Rubber
o Others
Regional Outlook (Revenue in USD Million; 2016-2026)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
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The market for acetaldehyde is influenced by the rising food & beverage and chemical industries. Besides the compound have various applications in paints and coatings, pharmaceuticals and cosmetics industries. The growing demand for basic dyes and polymer resins is expected to drive the growth of acetaldehyde market.
The above-mentioned factors collectively create opportunities for the market growth while factors such as environmental and health hazards of acetaldehyde and phasing out of acetic acid production from acetaldehyde pose limitations in the market. However, each factor would have a definite impact on the market during the forecast period.
The Asia Pacific region will be the fastest-growing region during the forecast period. Easy availability of raw material for the production of ethanol and the growing population in the region will significantly work in favor of the market. Most of the developing countries are looking at India and China as the global market. These countries consist of over 40% of the global population and applications of acetaldehyde in the region will grow at a very high rate.
Table of Content
Global Acetaldehyde Market Research Report
Chapter 1 Global Acetaldehyde Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Acetaldehyde Market Forecast
To get this report with detailed market information, tables, charts, graphs, etc., reach us here: https://www.reportsanddata.com/report-detail/acetaldehyde-market
In conclusion, the Acetaldehyde Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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