Global Acetaldehyde Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acetaldehyde market for global, Europe, North America, Asia Pacific and South America.
Global Acetaldehyde Market is expected to reach USD 2.10 billion by 2025, from USD 1.32 billion in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Drivers and Restraints:
- High demand of pyridines in developing region
- Growing demand for pentaerythritol for the production neopolyol esters
- Demand in paper & pulp, pharmaceutical, food & beverage and water treatment sector
Major Market Competitors/Players:
- Eastman Chemical Company,
- Celanese Corporation,
- Merck KGaA,
- Sumitomo Chemical Co. Ltd.,
- SHOWA DENKO K.K,
- Ashok Alco – chem Limited (AACL),
- Jubilant Life Sciences Ltd., LCY GROUP,
- Amadis Chemical Co. Ltd.,
- China National Petroleum Corporation,
- FINETECH INDUSTRY LIMITED,
- Fisher Scientific,
- GODAVARI BIOREFINERIES LTD.,
- Kanoria Chemicals & Industries Ltd.,
- LOBA Chemie,
- Penta Manufacturer,
- Shandong Kunda Biotechnology Co. Ltd.,
- Tractus and many more
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Market Segmentation: Global Acetaldehyde Market
The global acetaldehyde market is Segmented based on:-
- Application And
- Geographical Segments.
Based on Process, the global acetaldehyde market is segmented into:-
- Oxidation of Ethylene,
- Oxidation of Ethanol,
- One-Stage and
- Two Stage Process.
- Dehydrogenation of Ethanol and others.
On the Basis of Directives, the global acetaldehyde market is classified into:-
- Pyridine & Pyridine Bases,
- Acetic Acid,
- Ethyl Acetate and others.
On the basis of Application, the global acetaldehyde market is classified into:-
- Plastics & Synthetic Rubber,
- Food & Beverage, Paints & Coatings,
- Pharmaceuticals & Cosmetics,
- Paper & Pulp,
- Water Treatment and others.
Based on Geography, the global acetaldehyde market report covers data points for 28 countries across multiple geographies namely:-
- North America &
- South America,
- Asia-Pacific and,
- Middle East & Africa.
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