Global Acetaldehyde Market Research Report 2020
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.
First, the global Acetaldehyde market is concentrated: Celanese, Eastman, Showa Denko, CNPC and Sinopec are the leading players in this market. For example, Celanese is the biggest supplier in Europe, and Eastman is the only supplier in United States.
Second, the global market for acetaldehyde has been in mature status for the past twenty years. Rigid decrease of Acetaldehyde capacity had been witnessed from 1990 to 2000, but the market change became modest ever since. In recent years, slight decrease of production has happened in Acetaldehyde industry, as the reduction of Acetic acid produced by Acetaldehyde method. However, for the coming years, the Acetaldehyde market would be increase due to the rigid demand of downstream products like Pentaerythritol.
Third, the most prevalent processes of Acetaldehyde Manufacturing are oxidation of Ethylene method and Ethyl Alcohol method (Oxidation and dehydrogenation). Ethylene method has been used for many years to produce Acetic acid. However, Ethyl Alcohol method has been used increasingly, especially in Europe and India. It is estimated that Ethyl Alcohol method would be the dominate process of Acetaldehyde in the future.
Fourth, the import and export business of this industry is not frequent. Most products are digested in domestic market rather than export to other region, since Acetaldehyde is a very toxic substance and might cause cancer even contacted for a short while.
Fifth, Acetic acid facilities based on Acetaldehyde continue to operate in Asia and South America, although these will eventually be phased out in favor of methanol carbonylation. Pyridine, pentaerythritol, and acetate esters are the most promising applications of Acetaldehyde industry.
Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Acetaldehyde will increase.
Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Market Analysis and Insights: Global Acetaldehyde Market
The global Acetaldehyde market is valued at 1607.9 million US$ in 2020 is expected to reach 1434.3 million US$ by the end of 2026, growing at a CAGR of -1.6% during 2021-2026.
Global Acetaldehyde Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Ethylene Type
Ethanol Type
Segment by Application
Acetic acid
Pentaerythritol
Pyridines
Acetate esters
Others
Global Acetaldehyde Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Acetaldehyde market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Acetaldehyde Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Eastman Chemical Company, Showa Denko K.K., Celanese Corporation, Sumitomo Chemical Co., Ltd., LCY GROUP, Jubilant, SEKAB, Laxmi Organic Industries Ltd, Lonza, Ashok Alco - chem Limited, CNPC, Sinopec, Jinyimeng Group, Shijiazhuang Xinyu Sanyang Industry, Shandong Hongda, Shandong Kunda Biotechnology, Hubei Yihua, China Overseas Pioneer Chemicals, Yuntianhua, Sanmu, Nanjing Redsun, etc.
First, the global Acetaldehyde market is concentrated: Celanese, Eastman, Showa Denko, CNPC and Sinopec are the leading players in this market. For example, Celanese is the biggest supplier in Europe, and Eastman is the only supplier in United States.
Second, the global market for acetaldehyde has been in mature status for the past twenty years. Rigid decrease of Acetaldehyde capacity had been witnessed from 1990 to 2000, but the market change became modest ever since. In recent years, slight decrease of production has happened in Acetaldehyde industry, as the reduction of Acetic acid produced by Acetaldehyde method. However, for the coming years, the Acetaldehyde market would be increase due to the rigid demand of downstream products like Pentaerythritol.
Third, the most prevalent processes of Acetaldehyde Manufacturing are oxidation of Ethylene method and Ethyl Alcohol method (Oxidation and dehydrogenation). Ethylene method has been used for many years to produce Acetic acid. However, Ethyl Alcohol method has been used increasingly, especially in Europe and India. It is estimated that Ethyl Alcohol method would be the dominate process of Acetaldehyde in the future.
Fourth, the import and export business of this industry is not frequent. Most products are digested in domestic market rather than export to other region, since Acetaldehyde is a very toxic substance and might cause cancer even contacted for a short while.
Fifth, Acetic acid facilities based on Acetaldehyde continue to operate in Asia and South America, although these will eventually be phased out in favor of methanol carbonylation. Pyridine, pentaerythritol, and acetate esters are the most promising applications of Acetaldehyde industry.
Sixth, this industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Acetaldehyde will increase.
Seventh, we tend to believe this industry now is close to mature, and the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Market Analysis and Insights: Global Acetaldehyde Market
The global Acetaldehyde market is valued at 1607.9 million US$ in 2020 is expected to reach 1434.3 million US$ by the end of 2026, growing at a CAGR of -1.6% during 2021-2026.
Global Acetaldehyde Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Ethylene Type
Ethanol Type
Segment by Application
Acetic acid
Pentaerythritol
Pyridines
Acetate esters
Others
Global Acetaldehyde Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Acetaldehyde market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Acetaldehyde Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Eastman Chemical Company, Showa Denko K.K., Celanese Corporation, Sumitomo Chemical Co., Ltd., LCY GROUP, Jubilant, SEKAB, Laxmi Organic Industries Ltd, Lonza, Ashok Alco - chem Limited, CNPC, Sinopec, Jinyimeng Group, Shijiazhuang Xinyu Sanyang Industry, Shandong Hongda, Shandong Kunda Biotechnology, Hubei Yihua, China Overseas Pioneer Chemicals, Yuntianhua, Sanmu, Nanjing Redsun, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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