Global Acetaldehyde Market Expected to Reach USD 2,793.08 MN By Forecast Year 2028: Stratistics MRC

October 28 01:52 2021
Global Acetaldehyde Market Expected to Reach USD 2,793.08 MN By Forecast Year 2028: Stratistics MRC
Acetaldehyde Market Data And Industry Growth Analysis | Stratistics Market Research Consulting
Acetaldehyde Market Forecasts to 2028 – Global Analysis By Process (Dehydrogenation of Ethanol, Oxidation of Ethanol), Type (Ethanol, Ethylene), Quality (Premium Grade, Qualified Product) and By Geography

Acetaldehyde Market Forecasts to 2028 – Global Analysis By Process (Dehydrogenation of Ethanol, Oxidation of Ethanol), Type (Ethanol, Ethylene), Quality (Premium Grade, Qualified Product) and By Geography Browe complete report with TOC @

According to Stratistics MRC, the Global Acetaldehyde Market is accounted for $1,520.24 million in 2020 and is expected to reach $2,793.08 million by 2028 growing at a CAGR of 7.9% during the forecast period. Rising usage as preservative ingredient, growing demand from paints and coating industries and huge demand for pyridines in developing regions are driving the market growth. However, its lower consumption in the manufacturing of acetic acid and availability of its substitutes are hampering the growth of the market. By geography, Asia Pacific is going to have high growth during the forecast period attributed to the increasing demand from the major agricultural countries such as India, China, and Japan drives the market in this region. Moreover, due to rising industrialization and infrastructural development in this region the use of acetaldehyde became an important chemical.Some of the key players profiled in the Acetaldehyde Market include Celanese Corporation, Eastman Chemical Company, Merck KGaA, Sumitomo Corporation, Jubilant Life Sciences Ltd., Lonza Group, China National Petroleum Corporation, Sekab, Amadis Chemical Company Limited, Penta Manufacturing Company, Godavari Biorefineries Ltd, Ashok Alco-chem Ltd and LCY Chemical Corp.

Processes Covered:• Dehydrogenation of Ethanol• Oxidation of Ethylene (Hoechst-Wacker Process)• Oxidation of Ethanol• Other Processes   Derivatives Covered:• Ethyl Acetate (Acetate Esters)• Pyridine & Pyridine Bases• Peracetic Acid• Pentaerythritol• Acetic Acid (Acetic Anhydride)• Other DerivativesQualities Covered:• Premium Grade• Qualified ProductTypes Covered:• Ethanol Type• Ethylene TypeApplications Covered:• Drugs• Plastics & Synthetic Rubber• Vinegar• Basic Dyes• Building Materials• Water Treatment• Fruit & Fish Preservative and Flavoring• Paints & Coatings• Perfumes• Adhesives and Resins End Users Covered:• Agriculture• Pharmaceuticals & Cosmetics• Food & Beverage• Automotive• Paper & Pulp Bleaching• Chemical Synthesis• Petrochemicals

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