Global Acetaldehyde Market Growth 2023-2029

Global Acetaldehyde Market Growth 2023-2029

Acetaldehyde (systematically ethanal) is an organic chemical compound with the formula CH3CHO or MeCHO. It is one of the most important aldehydes, occurring widely in nature and being produced on a large scale industrially. Acetaldehyde occurs naturally in coffee, bread, and ripe fruit, and is produced by plants as part of their normal metabolism. It is also produced by oxidation of ethanol.

LPI (LP Information)' newest research report, the “Acetaldehyde Industry Forecast” looks at past sales and reviews total world Acetaldehyde sales in 2022, providing a comprehensive analysis by region and market sector of projected Acetaldehyde sales for 2023 through 2029. With Acetaldehyde sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acetaldehyde industry.

This Insight Report provides a comprehensive analysis of the global Acetaldehyde landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acetaldehyde portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acetaldehyde market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acetaldehyde and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acetaldehyde.

The global Acetaldehyde market size is projected to grow from US$ 1179.6 million in 2022 to US$ 1317 million in 2029; it is expected to grow at a CAGR of 1317 from 2023 to 2029.

Global acetaldehyde key players include Eastman Chemical Company , Showa Denko K.K. , Celanese Corporation (US), Sumitomo Chemical Co., Ltd. , LCY GROUP, etc. Global top 5 players hold a share about 50%.

China is the largest market, with a share about 55%, followed by North America and Europe, having a total share about 40 percent.

In terms of product, ethanol type is the largest segment, with a share about 60%. And in terms of application, the largest application is pentaerythritol, followed by acetic acid.

This report presents a comprehensive overview, market shares, and growth opportunities of Acetaldehyde market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Ethylene Type

Ethanol Type

Segmentation by application

Acetic Acid

Pentaerythritol

Pyridines

Acetate Esters

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Eastman Chemical Company

Celanese Corporation

Perstorp

Showa Denko K.K.

Sumitomo Chemical Co., Ltd.

LCY GROUP

Jubilant

SEKAB

Laxmi Organic Industries Ltd

Ashok Alco - chem Limited

Jinyimeng Group

Shandong Hongda

Hubei Yihua

Yuntianhua

Sanmu

Nanjing Redsun

Anhui Jinhe Industrial

Jiangsu Kailin Ruiyang Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acetaldehyde market?

What factors are driving Acetaldehyde market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Acetaldehyde market opportunities vary by end market size?

How does Acetaldehyde break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.