Global Paraldehyde Market Growth 2019-2024

SKU ID : LPI-13842355 | Publishing Date : 07-Feb-2019 | No. of pages : 138

Paraldehyde is the cyclic trimer of acetaldehyde molecules. Formally, it is a derivative of 1,3,5-trioxane. The corresponding tetramer is metaldehyde. A colourless liquid, it is sparingly soluble in water and highly soluble in ethanol. Paraldehyde slowly oxidizes in air, turning brown and producing an odour of acetic acid. It quickly reacts with most plastics and rubber.
In recent years, the average price of global vitamins has been rising (BASF 2014 factory accident, the overall price of vitamin in 2017 rebounded). The price of paraldehyde has also risen in the last two years.

Paraldehyde is mainly used for chemical intermediates. In addition, paraldehyde is also widely used in the dye and rubber industries. In 2016, chemical intermediates, dyes and rubber industry accounted for 91.17%, 3.80% and 1.71% of the consumer share.
At present, the major manufacturers of the global market for vitamin B3 are Lonza, Jubilant Life Sciences, Vertellus and Brother Enterprises. The manufacturing process of Jubilant Life Sciences, Vertellus and Brother Enterprises are different from Lonza. So in this industry, Lonza did not have a significant competitor. Manufacturers outside Lonza have very little production capacity and production. The last two years, vitamin B3 enterprises continue to expand production capacity. In the next few years, vitamin B3 production capacity may be excessive, which will affect the development of paraldehyde.

After decades of development, paraldehyde's market has been very mature. Therefore, the research group does not recommend new enterprises to enter the industry.


According to this study, over the next five years the Paraldehyde market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 150 million by 2024, from US$ 120 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Paraldehyde business, shared in Chapter 3.

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

This study considers the Paraldehyde 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.
Pharmaceutical Grade
Industrial Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Chemical Intermediates
Textile Industry
Rubber Industry
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.
Lonza
Godavari
Nuote Chemical
Bojing Chemical
Zhaofeng Chemical
...

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 Paraldehyde 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 Paraldehyde market by identifying its various subsegments.
Focuses on the key global Paraldehyde 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 Paraldehyde 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 Paraldehyde 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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