GlobalAcetaldehyde Market was sized US$ XX Bn in 2019 and is anticipated to reachUS$ XX Bn by 2026 at a CAGR of about XX % during a forecast period.
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Global Acetaldehyde Market
Global Acetaldehyde market issegmented by process, by derivatives, by application and by region. In terms oftype, Acetaldehyde market is segmented into Dehydrogenation of Ethanol,Oxidation of Ethylene, Oxidation of Ethanol and Others Pyridine & PyridineBases, Acetic Acid, Pentaerythritol, Ethyl Acetate and others are thederivatives of the market. Chemicals, Plastics & Synthetic Rubber, Food& Beverage, Paints & Coatings, Pharmaceuticals & Cosmetics, Paper& Pulp, Water Treatment and Others are application segment of Acetaldehydemarket. Geographically into North America, Europe, Asia Pacific, Middle East& Africa and Latin America.
Acetaldehyde, an organic compoundis one of the most important aldehydes produced and consumed globally fordifferent industrial applications. Acetaldehyde occurs naturally and is alsoproduced on a large scale commercially in various parts of the world. Naturalsources of the compound include bread, coffee, fruits, and plants. Acetaldehydeis primarily used in the production of chemical compounds such as peraceticacid, pentaerythritol, acetate esters, acetic acid, acetic anhydride,1,3-butylene glycol, and pyridine.The market for acetaldehyde is primarilyexpected to be driven by the downstream markets that use the compound as a keyraw material.
The food & beverage segment isthe largest application segment of the acetaldehyde market. Acetaldehyde isused as a flavouring agent in several food products, and is widely used in thefood & beverage industry as a preservative for fruits, fish, and as a flavouringagent. It is used as an aromatic agent in several non-alcoholic beverages
The pyridine and pyridine basessegment is the largest derivative segment of the acetaldehyde market. Pyridineis produced by the reaction of acetaldehyde with ammonia. Pyridine &pyridine bases are manufactured by the reaction of acetaldehyde with ammoniumacetate, where acetic acid is used as a solvent, in a refluxing tank reactorunder atmospheric pressure. It is widely used as a reagent and as a solvent tomanufacture chemicals
Asia Pacific is the largest andfastest-growing region of the acetaldehyde market, globally. Growingindustrialization in the Asia Pacific along with increasing manufacturingactivities, backed by infrastructural development, has offered significantopportunities for the use of acetaldehyde in the region. The market in theregion is projected to grow at the highest CAGR during the forecast period andoffer significant growth opportunities. Increasing use of acetaldehyde as animportant chemical intermediate in various applications, such as food &beverage, chemicals, plastics, and paints & coatings is driving theacetaldehyde market in the Asia Pacific.
Eastman, Merck Kgaa, Celanese,Sumitomo Chemical, Ashok Alco, Chem, Showa Denko, Jubilant Life Sciences,Lonza, LCY Chemical, Sekab, China National Petroleum Corporation, AmadisChemical, Chempure, Finetech Industry, Eurochem are the key players of theGlobal Acetaldehyde market.
Scope of the Report:
Global Acetaldehyde Market, ByProcess:
• Dehydrogenation of Ethanol,
• Oxidation of Ethylene,
• Oxidation of Ethanol
• Others
Global Acetaldehyde Market, ByDerivatives:
• Pyridine & Pyridine Bases
• Acetic Acid
• Pentaerythritol
• Ethyl Acetate
• Others
Global Acetaldehyde Market, ByApplication:
• Chemicals
• Plastics & Synthetic Rubber
• Food & Beverage
• Paints & Coatings
• Pharmaceuticals & Cosmetics
• Paper & Pulp
• Water Treatment
• Others
Global Acetaldehyde Market, ByGeography:
• North America
• Europe
• Asia Pacific
• Middle East
• Africa
• Latin America
Global Acetaldehyde market place isgrowing with the presence of major companies holding a large market share.Someof them operating in the market are given underneath:
• Eastman
• Merck Kgaa
• Celanese
• Sumitomo Chemical
• Ashok Alco - Chem
• Showa Denko
• Jubilant Life Sciences
• Lonza
• LCY Chemical
• Sekab
• China National PetroleumCorporation
• Amadis Chemical
• Chempure
• Finetech Industry
• Eurochem
• FINETECH INDUSTRY LIMITED
• GODAVARI BIOREFINERIES LTD
• Kanoria Chemicals &Industries Ltd.
• LobaChemie Pvt. Ltd.
• Penta Manufacturer.
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