PUBLISHER: TechNavio | PRODUCT CODE: 1915655
PUBLISHER: TechNavio | PRODUCT CODE: 1915655
The global acetaldehyde market is forecasted to grow by USD 357.3 mn during 2024-2029, accelerating at a CAGR of 3.3% during the forecast period. The report on the global acetaldehyde market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by robust demand from agrochemical sector , expansion of paints, coatings, and adhesives industries , increasing use as versatile intermediate in specialty and fine chemicals .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 3.3% |
| CAGR | 3.3% |
| Incremental Value | $357.3 mn |
Technavio's global acetaldehyde market is segmented as below:
By Type
By Application
By Distribution Channel
Geography
This study identifies the accelerated shift toward bio-based acetaldehyde production as one of the prime reasons driving the global acetaldehyde market growth during the next few years. Also, focus on process intensification and catalyst innovation and strategic consolidation and vertical integration will lead to sizable demand in the market.
The report on the global acetaldehyde market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global acetaldehyde market vendors that include Arkema Group, Arxada AG, Celanese Corp., China National Petroleum Corp., Daicel Corp., Eastman Chemical Co., GFS Chemicals Inc., Godavari Biorefineries Ltd., Jubilant Ingrevia Ltd., Laxmi Organic Industries Ltd., LCY Chemical Corp., Merck KGaA, Naran Lala Pvt. Ltd., Resonac Holdings Corp., Sekab, Solvay SA, Sumitomo Chemical Co. Ltd., Vigon International Inc., Wacker Chemie AG. Also, the global acetaldehyde market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.