Acetaldehyde Market size worth $ 2,275.42 Million, Globally, by 2028 at 5.93% CAGR: Verified Market Research®

The Global Acetaldehyde Market has witnessed strong growth owing to the increasing demand for acetaldehyde from end-users, huge demand for pyridines in developing regions, rising R&D spending, and changing consumer consumption patterns.

Boonton, New Jersey, UNITED STATES

Jersey City, New Jersey, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Acetaldehyde Market” By Process (Oxidation of Ethylene, Oxidation of Ethanol, Dehydrogenation of Ethanol, and Others), By Derivative (Pyridine & Pyridine Bases, Pentaerythritol, Ethyl Acetate, Acetic Acid, and Others), By Application (Food & Beverage, Chemicals, Paints & Coatings, Plastics & Synthetic Rubber), and By Geography. According to Verified Market Research, the Global Acetaldehyde Market size was valued at USD 1,520.24 Million in 2020 and is projected to reach USD 2,275.42 Million by 2028, growing at a CAGR of 5.93% from 2021 to 2028.

Download PDF Brochure:

Browse in-depth TOC onAcetaldehyde Market

202 - Pages

126 – Tables

37 – Figures

Global Acetaldehyde Market Overview

The Global Acetaldehyde Market is principally driven by increasing demand for acetaldehyde as an intermediate in the production of commodity chemical compounds due to their use in the significant end-use industries including food & beverage, rubber industry, paper & pulp, and others. Additionally, the rising demand for polymer resins and basic dyes that are producing using this chemical is anticipated to boost the growth of the acetaldehyde industry in the coming years. Moreover, the product is used for the crystallization of gelatin, which, in turn, is required to drive the demand for the product from the photography, pharmaceutical, and cosmetic industries. Furthermore, the huge demand for pyridines in developing regions, rising R&D spending, and changing consumer consumption patterns are other major factors driving the Acetaldehyde Market growth.

However, the growth of the Acetaldehyde Market is restrained by the use of methanol in the production of acetic acid. Additionally, propylene is being used as a replacement for ethanol in the manufacturing of butyraldehyde. Also, according to the International Agency for Research on Cancer, it is determined to be carcinogenic to humans. Thus, these factors are negatively affecting market growth to some extent. Nevertheless, variety in the end-user industry is expected to create new lucrative opportunities for the Acetaldehyde Market during the forecast period of 2020- 2027.

Key Players

The major players in the market are Eastman, Jubilant Life Sciences, Celanese, LCY Chemical, Merck Kgaa, Sumitomo Chemical, Showa Denko, Ashok Alco – Chem, Lonza, Sekab.

Verified Market Research has segmented the Global Acetaldehyde Market On the basis of Process, Derivative, Application, and Geography.

  • Acetaldehyde Market, By Process
    • Oxidation of Ethylene (Hoechst-Wacker Process)
    • Oxidation of Ethanol
    • Dehydrogenation of Ethanol
    • Others
  • Acetaldehyde Market, By Derivative
    • Acetic Acid
    • Ethyl Acetate
    • Pyridine & Pyridine Bases
    • Pentaerythritol
    • Others
  • Acetaldehyde Market, By Application
    • Chemicals
    • Plastics & Synthetic Rubber
    • Food & Beverage
    • Paints & Coatings
    • Pharmaceuticals & Cosmetics
    • Others
  • Acetaldehyde Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Food Grade Alcohols Market By Type (Ethanol and Polyols), By Source (Sugarcane and Molasses, Grains, Fruits), By Functionality (Coloring Agent, Flavoring Agent), By Application (Beverages, Food and Pharmaceutical and Healthcare), By Geography, Forecast, 2021-2028

Amines Market By Type (Ethanol Amines, Fatty Amines, Alkylamines), By Application (Crop Protection, Gas treatment, Personal Care, Water Treatment), By Geography, Forecast, 2021-2028

Tert-Butanol Market By Application (Solvents and Intermediates, MTBEs and ETBEs, Methylmethacrylates (MMAs), Ethanol Denaturants), By Geography, Forecast, 2021-2028

North America Palmitoylethanolamide Market By Type (Purity>98%, and Purity>99%), By Geography, Forecast, 2021-2028

Top 6 fuel cell vehicle brands piloting energy-efficient mobility solutions

Visualize Acetaldehyde Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.