Global $1.8 Billion Acetaldehyde Market 2018-2022 - Analysis by Process, Derivative, Application and Region - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 8, 2018--The “Acetaldehyde Market by Process, Derivative, Application, and Region - Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.
The acetaldehyde market is estimated at USD 1.33 billion in 2017 and is expected to reach USD 1.8 billion by 2022, at a CAGR of 6.24% between 2017 and 2022.
The demand for acetaldehyde is growing in emerging economies, such as India, China, and Brazil. Acetaldehyde is mainly used as an intermediate for the synthesis of other chemicals. The major derivatives of acetaldehyde are pentaerythritol, which is used in the manufacture of synthetic resins for the paint industry; and pyridines which are used as solvents in the production of rubber and dyes.
Based on application, the water treatment segment is projected to grow at the highest CAGR from 2017 to 2022. The demand for acetaldehyde from the water treatment application is gaining momentum due to rising environmental impact, such as degradation of freshwater bodies and aquatic life by untreated wastewater, increasing population, and concerns about pollution.
The acetaldehyde market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, which can be attributed to the easy availability of raw materials used for the manufacture of acetaldehyde.
DriversIncreasing Demand From Food & Beverage, Paper & Pulp, Pharmaceutical, and Water Treatment Applications Increasing Use of Acetaldehyde in Derivatives Such as Pyridines and Pentaerythritol
RestraintPhasing Out of Acetic Acid Production From Acetaldehyde
ChallengeEnvironmental and Health Hazards of Acetaldehyde
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Acetaldehyde Market, By Process
7 Acetaldehyde Market, By Derivative
8 Acetaldehyde Market, By Application
9 Acetaldehyde Market, By Region
10 Competitive Landscape
11 Company ProfilesAmadis Chemical Ashok Alco - Chem Celanese Chempure China National Petroleum Corporation Eastman Eurochem Finetech Industry Fisher Scientific Godavari Biorefineries Jiangsu Sanmu Group Jinyimeng Group Jubilant Life Sciences Kanoria Chemicals & Industries LCY Chemical LOBA Chemie Lonza Merck KGaA Nantong Jinrui Chemical Penta Manufacturing Sekab Shandong Kunda Biotechnology Showa Denko Sumitomo Chemical Tractus
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 06/08/2018 03:29 PM/DISC: 06/08/2018 03:29 PM