Global Acetaldehyde Market intelligence with competitive landscape in 2022

in #acetaldehyde4 years ago

The [114 pages report] "Acetaldehyde Market by Process (Wacker Process, Oxidation of Ethanol, Dehydrogenation of Ethanol), Derivative (Pyridine & Pyridine Bases, Pentaerythritol), Application (Food & Beverage, Chemicals, Paints & Coatings), and Region - Global Forecast to 2022 " The acetaldehyde market is estimated at USD 1.33 Billion in 2017 and is projected to reach USD 1.80 Billion by 2022, at a CAGR of 6.24% during the forecast period. The growth of the acetaldehyde market is primarily driven by developments in the food & beverage, paper & pulp, pharmaceutical, and water treatment applications. In addition, increasing use of acetaldehyde in derivative, such as pyridines and pentaerythritol in emerging economies are influencing the growth of the acetaldehyde market. Expansions and acquisitions undertaken by key market players are further fueling market growth.

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Table Of Contents

1 Introduction

2 Research Methodology

3 Executive Summary 

4 Premium Insights

5 Market Overview

6 Acetaldehyde Market, By Process

7 Acetaldehyde Market, By Derivative

8 Acetaldehyde Market, By Application

9 Acetaldehyde Market, By Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

Major players, such as Celanese (US), Eastman (US), Merck KGaA (Germany), Sumitomo (Japan), Sekab (Sweden), Showa Denko (Japan), Jubilant Life Sciences (India), Lonza (Switzerland), LCY Chemical (Taiwan), and Ashok Alco-chem (India) have adopted key growth strategies, such as expansions and acquisitions to strengthen their footholds in the Acetaldehyde Market.

https://www.prnewswire.com/news-releases/acetaldehyde-market-worth-180-billion-usd-by-2022-676091863.html

The acetaldehyde market in the Asia Pacific region is projected to grow at the highest CAGR from 2017 to 2022. This growth can be attributed to the easy availability of raw materials used for the manufacture of acetaldehyde. The Asia Pacific region provides expansion opportunities for acetaldehyde manufacturers, owing to the low cost of manufacture in China, South Korea, and India. Limited regulations related to the use and manufacture of acetaldehyde in the Asia Pacific are further influencing the growth of the acetaldehyde market in this region.

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