Crotonaldehyde Market - By Grade (Technical Grade, Chemical Grade), By Application (Chemical Intermediates, Flavors & Fragrances, Agrochemicals), By End Use (Food & Beverage, Pharmaceuticals, Agriculture), Forecast 2023

Description

List of Tables

Crotonaldehyde Market size is set to exhibit over 4.5% CAGR from 2023 to 2032, driven by increasing application in resins and plastics production. The influx of technological advancements, changing consumer preferences, and environmental concerns are necessitating the adoption of innovative, eco-friendly materials and solutions.

Crotonaldehyde serves as a crucial intermediate chemical in the synthesis of various resins and plastics. In the automotive industry, crotonaldehyde-based resins are used in coatings, adhesives, and composite materials as they contribute to lightweight and fuel-efficient vehicle designs. The growing adoption of crotonaldehyde-derived products in the construction sector in coatings, sealants, and architectural materials will also influence the market growth.

The overall crotonaldehyde industry is bifurcated based on grade, application, end-use and region.

With respect to grade, the chemical crotonaldehyde market is expected to witness 4.5% CAGR from 2023-2032. Crotonaldehyde is widely recognized as a valuable intermediate chemical due to its higher essentiality in various downstream applications. It serves as a fundamental building block to produce numerous chemicals, including butanol, sorbic acid, and trimethylolpropane employed in diverse sectors, such as pharmaceuticals, plastics, and agrochemicals. The increasing emphasis on sustainable and environmentally friendly chemical processes is also driving the development of advanced catalytic and synthetic methods, further boosting the market growth.

Crotonaldehyde market from the agrochemical application segment will register growth rate of 4.2% from 2023-2032. The continuously expanding population worldwide is surging the need for improved agricultural practices and increased crop production, further driving the demand for innovative agrochemicals, including those containing crotonaldehyde.

The ongoing favorable initiatives by public organizations are also likely to support the segment growth. To cite an instance, in February 2022, the Pesticide Industry Development Program was officially released in China, as part of the National 14th Five-Year Program. According to the program, the pesticide industry system would be complete by 2025 with more reasonable organizational framework and agricultural production support.

Product Code: 6159

Chapter 1 Methodology & Scope

1.1 Market scope & definitions
1.2 Base estimations & working
1.3 Forecast calculation
- 1.3.1 COVID-19 impact on forecast, by region
  - 1.3.1.1 North America
  - 1.3.1.2 Europe
  - 1.3.1.3 Asia Pacific
  - 1.3.1.4 Latin America
  - 1.3.1.5 Middle East & Africa
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid Sources
  - 1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Crotonaldehyde industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Grade trends
2.4 Application trends
2.5 End-use trends
2.6 Regional trends

Chapter 3 Crotonaldehyde Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Distribution channel analysis trends
- 3.1.2 Vendor matrix
- 3.1.3 COVID-19 impact on value chain
3.2 Raw material outlook
3.3 Regulatory landscape
- 3.3.1 North America
- 3.3.2 Europe
- 3.3.3 Asia Pacific
- 3.3.4 Latin America
- 3.3.5 Middle East & Africa
3.4 Technology landscape
3.5 Pricing analysis, by region
- 3.5.1 North America
- 3.5.2 Europe
- 3.5.3 Asia Pacific
- 3.5.4 Latin America
- 3.5.5 Middle East & Africa
3.6 Cost structure Analysis
3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.2 Industry pitfalls and challenges
3.8 Innovation & sustainability
3.9 Growth potential analysis
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer's power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
3.11 PESTEL analysis
3.12 Impact of COVID-19 on industry
3.13 Impact of Russia Ukraine war on the industry

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Global company market share, 2022
4.3 Company market share, by region, 2022
- 4.3.1 North America
- 4.3.2 Europe
- 4.3.3 APAC
- 4.3.4 LATAM
- 4.3.5 MEA
4.4 Competitive analysis of market player
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix

Chapter 5 Crotonaldehyde Market Size and Forecast, By Grade 2018 - 2032

5.1 Key trends, by product
5.2 Technical grade
5.3 Chemical grade

Chapter 6 Crotonaldehyde Market Size and Forecast, By Application 2018 - 2032

6.1 Key trends, by application
6.2 Chemical Intermediates
6.3 Flavors & Fragrances
6.4 Agrochemicals
6.5 Others

Chapter 7 Crotonaldehyde Market Size and Forecast, By End Use 2018 - 2032

7.1 Key trends, by end use
7.2 Food & Beverage
7.3 Pharmaceuticals
7.4 Agriculture
7.5 Others

Chapter 8 Crotonaldehyde Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
- 8.3.6 Russia
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE

Chapter 9 Company Profiles

9.1 Shandong Kunda Biotechnology Co.
9.2 Transpek-Silox Industry Pvt. Ltd.
9.3 Nantong Acetic Acid Chemical
9.4 Tokyo Chemical Industry
9.5 Merck KGaA
9.6 Celanese Corporation
9.7 BASF SE
9.8 Aldon Corporation
9.9 Chemanol (Methanol Chemicals Company)
9.10 Chongqing Changfeng Chemical Co., Ltd.
9.11 Eastman Chemical Company
9.12 Fushun New Oriental Chemical Co., Ltd.
9.13 Hebei Chengxin Co., Ltd.
9.14 Jinan Tongfa Chemical Industry Co., Ltd.
9.15 Jubilant Life Sciences Ltd.