Acetaldehyde Market Forecasts to 2028 | Drivers and Opportunities| Key player Analysis Celanese Corporation, Eastman Chemical Company, Merck KGaA

According to Stratistics MRC, the Global Acetaldehyde Market is accounted for $1,520.24 million in 2020 and is expected to reach $2,793.08 million by 2028 growing at a CAGR of 7.9% during the forecast period. Rising usage as preservative ingredient, growing demand from paints and coating industries and huge demand for pyridines in developing regions are driving the market growth. However, its lower consumption in the manufacturing of acetic acid and availability of its substitutes are hampering the growth of the market.

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By geography, Asia Pacific is going to have high growth during the forecast period attributed to the increasing demand from the major agricultural countries such as India, China, and Japan drives the market in this region. Moreover, due to rising industrialization and infrastructural development in this region the use of acetaldehyde became an important chemical.

Some of the key players profiled in the Acetaldehyde Market include Celanese Corporation, Eastman Chemical Company, Merck KGaA, Sumitomo Corporation, Jubilant Life Sciences Ltd., Lonza Group, China National Petroleum Corporation, Sekab, Amadis Chemical Company Limited, Penta Manufacturing Company, Godavari Biorefineries Ltd, Ashok Alco-chem Ltd and LCY Chemical Corp.

Processes Covered:
• Dehydrogenation of Ethanol
• Oxidation of Ethylene (Hoechst-Wacker Process)
• Oxidation of Ethanol
• Other Processes   

Derivatives Covered:
• Ethyl Acetate (Acetate Esters)
• Pyridine & Pyridine Bases
• Peracetic Acid
• Pentaerythritol
• Acetic Acid (Acetic Anhydride)
• Other Derivatives

Qualities Covered:
• Premium Grade
• Qualified Product

Types Covered:
• Ethanol Type
• Ethylene Type

Applications Covered:
• Drugs
• Plastics & Synthetic Rubber
• Vinegar
• Basic Dyes
• Building Materials
• Water Treatment
• Fruit & Fish Preservative and Flavoring
• Paints & Coatings
• Perfumes
• Adhesives and Resins

 End Users Covered:
• Agriculture
• Pharmaceuticals & Cosmetics
• Food & Beverage
• Automotive
• Paper & Pulp Bleaching
• Chemical Synthesis
• Petrochemicals

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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