The Global Acetaldehyde Market is forecast to reach USD 2.25 Billion by 2026, according to a new report by Reports and Data. Acetaldehyde, otherwise called ethanal (CH3CHO), is an organic compound in the aldehyde group. The colorless and flammable liquid has a pungent smell, and it is mainly used as vinegar in households. This compound is present in several fruits and vegetables as well as in diesel and gasoline exhausts.

The market for acetaldehyde is influenced by the rising food & beverage and chemical industries. Besides the compound have various applications in paints and coatings, pharmaceuticals and cosmetics industries. The growing demand for basic dyes and polymer resins is expected to drive the growth of acetaldehyde market.

Request for sample copy @ https://www.reportsanddata.com/sample-enquiry-form/1889

The above-mentioned factors collectively create opportunities for the market growth while factors such as environmental and health hazards of acetaldehyde and phasing out of acetic acid production from acetaldehyde pose limitations in the market. However, each factor would have a definite impact on the market during the forecast period.

The Asia Pacific region will be the fastest-growing region during the forecast period. Easy availability of raw material for the production of ethanol and the growing population in the region will significantly work in favor of the market. Most of the developing countries are looking at India and China as the global market. These countries consist of over 40% of the global population and applications of acetaldehyde in the region will grow at a very high rate.

Key participants:

Showa Denko K.K., Merck KGaA, Celanese Corporation, Eastman Chemical Company, Jubilant Life Sciences, Lonza Group Ltd., BASF SE, CNPC, Sumitomo Chemical Co. Ltd., and Ashok Alco-Chem Ltd. among others.

Further key findings from the report suggest

• The chemical produced from the oxidation of ethylene held the largest market share of 55.4% in the year 2018. The process, also known as Wacker process involves the use of a reduction-oxidation system to produce the compound. The compound has a higher reaction rate, although the chlorinated products are absent.
• The pyridine segment held the largest market share of 39.4% in the year 2018. Pyridine is used as a raw material in ethylidene diacetate ((CH₃COâ‚‚)â‚‚CHCH₃.), which is further used in the production of vinyl acetate. This is also used as a plasticizer in the plastic factory and as a paint binder in the paint factory. Furthermore, it is used as a raw material in pesticides.
• The food and beverages industry is forecasted to grow at the highest rate of 7.1% during the forecast period. This is due to the use of chemicals as a flavoring agent in various types of foods.
• The Asia Pacific region is forecasted to witness the highest CAGR of 7.4% during the forecast period. This is due to the easy availability of raw material of acetaldehyde in the region, and countries like China and India, where the manufacturing cost of acetaldehyde is quite low.

Request for customization@ https://www.reportsanddata.com/request-customization-form/1889

For the purpose of this report, Reports and Data have segmented into the global acetaldehyde market on the basis of process, derivatives, application, and region:

Process Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

• Ethylene Oxidation
• Ethanol Oxidation
• Ethanol Dehydrogenation

Derivatives Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

• Pyridine
• Pentaerythritol
• Acetic Acid
• Ethyl Acetate
• Others

Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)

• Food & Beverages
• Chemicals
• Paints & Coatings
• Plastic & Synthetic Rubber
• Others

Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1889

Regional Outlook (Revenue, USD Million; 2018-2028)

• North America
  • U.S.
  • Rest of North America
• Europe
  • France
  • UK
  • Germany
  • Rest of Europe
• Asia Pacific
  • China
  • Rest of Asia Pacific
• Rest of the World
  • Brazil

Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:

Ammonium Phosphate Market Size, Share, Trends & Analysis, Report By Type (Ammonium Polyphosphate, Di-Ammonium Phosphate (DAP), Mono-Ammonium Phosphate (MAP)), By Application (Fertilizers, Flame Retardant, Food & Beverage, Water Treatment Chemicals, Others), By Region, Competitive Strategies and Segment Forecasts for 2016-2026

Agricultural Chelates Market Size, Share & Analysis, By Type (EDTA, EDDHA, DTPA, IDHA, Others), By Application (Soil Application, Seed Dressing, Foliar Sprays, Fertigation, Others), By Micronutrient Type (Iron, Manganese, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By End-Use (Agriculture, Indoor Farming), And By Region Forecast To 2028

Borosilicate Glass Market Size, Share & Analysis By Type (Non-Alkaline Earth, Alkaline Earth Containing, High-Borate), Byapplication (Heat-Resistant Glass Panels, Display Screens, Lighting Glass, Sealing Glasses, Neutral Glasses, Cosmetic Containers, Solar Glass, Glass Microspheres, Others), By Region, Segment Forecast To 2027

Acoustic Metamaterials Market By Type (Resonant Membrane, Periodic Resonators, Sonic Crystal), By Application Type (Seismic Wave Reflection, Vibration Control, And Others), And Region-Global Forecast To 2027

Gracilaria Agarose and Gelidium Agarose Market Size, Share & Analysis, By Type (Gracilaria Agarose, Wild Harvest, Aquaculture, Gelidium Agarose, Wild Harvest, Aquaculture), By Application (Agarose Gel Electrophoresis, Protein Purification, Food & Beverage, Cosmetic, Microbiology, Others), By Region Forecast To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs

Read Full Press Release: https://www.reportsanddata.com/press-release/global-acetaldehyde-market

The post Acetaldehyde Market Size Estimated To Reach USD 2.25 Billion By 2026 – Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.