123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Acetaldehyde Market Global Opportunity Analysis And Industry Forecast To 2023

By Author: Nikhil khadilkar
Total Articles: 122

Acetaldehyde is an organic, free-flowing compound used as a precursor to most of the chemical synthesis and its derivatives. Naturally, it occurs in coffee and fruits. Wacker process, i.e., ethylene oxidation, is used to produce acetaldehyde commercially.

The global acetaldehyde market is majorly driven by its application as a chemical intermediate. Various chemicals are produced using acetaldehyde include pyridine & pyridine bases, pentaerythritol, acetic acid among others. The increasing demand for acetaldehyde as a preservative and flavoring agent from the food & beverage industry is another major driver of the global acetaldehyde market. It is highly used to add flavors to various consumables such as milk products, baked goods, fruit juices, desserts, candies, and soft drinks.

Furthermore, it exhibits hardening ability towards gelatin, which increases the product demand in the pharmaceuticals and cosmetics industries. Production of perfumes, polyester resins, and basic dyes are some other applications of acetaldehyde surging its demand in the rubber, paper & pulp, and paints & coatings industries. Also, the product is used in the fuel composition, which is another factor propelling the market growth. However, The International Agency for Research on Cancer (IARC) has listed acetaldehyde as a group 1 carcinogen. This may challenge the market growth.

Request Free Sample Report@ https://www.marketresearchfuture.com/sample_request/5723

Market Segmentation

The global acetaldehyde market is segmented on the basis of the product type, application, and region. The product type segment is categorized into pyridine & pyridine bases, pentaerythritol, acetic acid, peracetic acid, ethyl acetate, and others. The pyridine & pyridine based and pentaerythritol together lead the segmental market. Pyridine is a precursor of many agrochemicals and pharmaceuticals. Nitrapyrin is the fertilizer produced using pyridine, which is responsible for the transformation of nitrogen in the soil. Pentaerythritol is used in fuel composition to produce aviation turbine fuel, automotive engine oil, lubricants, etc. which drives the product demand in the aerospace & defense, automotive, and others.

Regional Analysis

The global acetaldehyde market is spanned across five major regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

The Asia Pacific is expected to dominate the global acetaldehyde market due to the high demand from major end-use industries such as chemical and agricultural industries in this region. Countries such as China, India, and Japan drive the regional market owing to the demand from the above-mentioned industries. The rising demand for acetaldehyde for production of synthetic and engineered lubricants is driving the European market.

Browse Report @ https://www.marketresearchfuture.com/reports/acetaldehyde-market-5723

Competitive Analysis

Some of the prominent manufacturers in the global market of acetaldehyde are Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), Merck KGaA (Germany), Sumitomo Corporation (Japan), SEKAB (Sweden), SHOWA DENKO K.K. (Japan), Jubilant Life Sciences Ltd. (India), Ashok Alco- chem Limited (India), LCY Group (Taiwan), Laxmi Organic Industries Ltd. (India), Lonza (Switzerland), Naran Lala Pvt. Ltd. (India), Eurochem Group AG (Switzerland), Wacker Chemie AG (Germany), and China National Petroleum Corporation (China).

Total Views: 24Word Count: 470See All articles From Author

Business Articles

1. Low Voltage Dc Circuit Breaker Market Growth Overview And Predictions On Size Share And Trend Throug
Author: Akshay

2. String Inverter Market Drivers, Growth Rate, Distributors, Future And Forecast Till 2021
Author: Akshay

3. Turbocompressor Market Set To Deliver Major Revenue Shares During The Forecast Period
Author: Akshay

4. What Benefits Are Provided By An Orthodontist?
Author: Ross Tylor

5. Sip Interest Calculator For Your Plan
Author: Jignesh Shah

6. A New Smart Tablet For Lenovo Tablet P10 Review – Just By A Echo Show
Author: Manoj Varma

7. Make Your House Efficient And Modern With A Solar Energy System
Author: Solar Tech Canada

8. Why And How To Discover Ideal Home Business Ideas In Usa?
Author: marisn mackle

9. How Effective Is Invisalign Compared To Braces
Author: Leon Anaf

10. Getting Mortgage Refinancing With Poor Credit Is Now Ways In Canada
Author: Rick Smith

11. Online Carbide Has End Mills For Sale At The Lowest Prices Online
Author: Geoffrey Less

12. The Review Of Samsung Galaxy Tablet A 10.5 For A Budget Tablet
Author: Manoj Varma

13. The Trolling Motor Advantage
Author: The Trolling Motor Advantage

14. Global Rfid In Transportation Market Report Forecast To 2024
Author: JSB Market Research

15. Uv Safety Products Around The World
Author: George Elliot

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: