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Global Acetaldehyde Market Growth 2019-2024
SKU ID : LPI-13842628 | Publishing Date : 12-Feb-2019 | No. of pages : 178
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.
According to this study, over the next five years the Acetaldehyde market will register a -1.7% CAGR in terms of revenue, the global market size will reach US$ 1500 million by 2024, from US$ 1660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Acetaldehyde business, shared in Chapter 3.
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.
This study considers the Acetaldehyde value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ethylene Type
Ethanol Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Acetic acid
Pentaerythritol
Pyridines
Acetate esters
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Acetaldehyde consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Acetaldehyde market by identifying its various subsegments.
Focuses on the key global Acetaldehyde manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Acetaldehyde with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Acetaldehyde submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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.
According to this study, over the next five years the Acetaldehyde market will register a -1.7% CAGR in terms of revenue, the global market size will reach US$ 1500 million by 2024, from US$ 1660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Acetaldehyde business, shared in Chapter 3.
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.
This study considers the Acetaldehyde value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ethylene Type
Ethanol Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Acetic acid
Pentaerythritol
Pyridines
Acetate esters
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Acetaldehyde consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Acetaldehyde market by identifying its various subsegments.
Focuses on the key global Acetaldehyde manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Acetaldehyde with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Acetaldehyde submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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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