PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1786128
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1786128
The butyraldehyde market is projected to grow from USD 5.49 billion in 2025 to USD 6.96 billion in 2030, at a CAGR of 4.8%.
Scope of the Report | |
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Years Considered for the Study | 2022-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million) and Volume (Kiloton) |
Segments | Product Type, Application, End-use Industry, and Region |
Regions covered | Europe, North America, Asia Pacific, Middle East & Africa, and South America |
The market is driven by increasing demand for major downstream derivatives such as 2-ethylhexanol, n-butanol, and butyric acid. The growing production of plasticizers, coatings, adhesives, and specialty chemicals is boosting consumption across all end-use industries, including automotive, personal care, and construction. The rise in manufacturing in Asia Pacific and a more regulatory-focused approach toward low-VOC and REACH-compliant materials in Europe are also fueling demand. Investments in green chemistry and the growing use of these chemicals in agrochemical and pharmaceutical intermediates are expected to support market growth.
"N-butyraldehyde to be second fastest-growing segment in butyraldehyde market"
N-butyraldehyde is the second fastest-growing segment in the butyraldehyde market, driven by its expanding use as an intermediate in producing plasticizers, solvents, and resins. It is a crucial intermediate in making raw materials like 2-ethylhexanol (2-EH) and n-butanol used in construction, automotive, and coatings industries. Its versatility and affordability have made it a popular choice in chemical synthesis. Industrial demand is increasing, and rising investments in chemical manufacturing, especially in emerging markets, further fuel the growth of the N-butyraldehyde market.
"Agriculture to be second fastest-growing segment in butyraldehyde market"
The agriculture segment is the second fastest-growing part of the butyraldehyde market due to rising demand for agrochemicals like herbicides and pesticides. With global food demand increasing and limited arable land, there will be a greater focus on increasing crop yields, which drives the need for agrochemicals. Butyraldehyde and its derivatives are key intermediates in agricultural chemicals because they are more effective at improving crop protection and soil productivity. This trend is further supported by government initiatives promoting sustainable farming and higher yields. The emphasis on food security and productivity continues to boost demand for butyraldehyde in agriculture, contributing to the segment's growth rate.
"Synthetic resins to be second fastest-growing segment in butyraldehyde market"
The synthetic resins segment is the second fastest-growing end-use segment in the butyraldehyde market, driven by increased demand for plasticizers and coatings. Butyraldehyde is a key intermediate in the production of synthetic resins like alkyd and urea resins, which are widely used in automotive, construction, and industrial applications. Growth is fueled by expanding infrastructure development and automotive production, which boost demand for high-performance coatings and adhesives. Additionally, as companies seek more durable and weather-resistant systems that reduce costs, the demand for synthetic resins made with butyraldehyde has increased.
"North America to be second fastest-growing regional market for butyraldehyde market"
North America is expected to experience the second-highest growth among regions worldwide in butyraldehyde, driven by healthy demand growth in the chemicals and plastics industries and increased investments in specialty chemical manufacturers. The US has notably reported a rise in the consumption of butyraldehyde derivatives used in plasticizers and coatings, aided by recoveries in both the construction and automotive industries. Government support for sustainable and advanced chemical manufacturing processes continues to foster market innovation, while strong R&D capabilities and the presence of major industry players are boosting growth and increasing production capacity in North America.
By Company Type: Tier 1: 25%, Tier 2: 42%, and Tier 3: 33%
By Designation: C-level Executives: 20%, Directors: 30%, and Other Designations: 50%
By Region: North America: 20%, Europe: 10%, Asia Pacific: 40%, South America: 10%, and Middle East & Africa 20%
Notes: Other designations include sales, marketing, and product managers.
Tier 1: >USD 1 Billion; Tier 2: USD 500 million-1 Billion; and Tier 3: <USD 500 million
Companies Covered: BASF (Germany), Mitsubishi Chemical Group Corporation (Japan), SABIC (Saudi Arabia), Eastman Chemical Company (US), KH Neochem Co., Ltd. (Japan), Perstorp (Sweden), OXEA GmbH (Germany), Grupa Azoty (Poland), LG Chem (South Korea), and Aurochemicals (US) are covered in the report.
The study includes an in-depth competitive analysis of these key players in the butyraldehyde market and their company profiles, recent developments, and key market strategies.
Research Coverage
This research report categorizes the butyraldehyde market by product type (n-butyraldehyde and isobutyraldehyde), end-use industry (automotive, construction, medical, agriculture, food & beverage, and cosmetics), application (chemical intermediate, rubber accelerator, synthetic resins, and plasticizers), and region (Asia Pacific, North America, Europe, South America, and Middle East & Africa). The report's scope includes detailed information on the drivers, restraints, challenges, and opportunities impacting the growth of the butyraldehyde market. It also thoroughly analyzes key industry players, offering insights into their business overview, products, and key strategies such as partnerships, agreements, product launches, expansions, and acquisitions related to the butyraldehyde market. Additionally, this report covers a competitive analysis of upcoming startups within the butyraldehyde market ecosystem.
Reasons to Buy Report
The report will provide market leaders and new entrants with estimates of the revenue figures for the overall butyraldehyde market and its segments. It will help stakeholders understand the competitive landscape, gain deeper insights into positioning their businesses better, and develop effective go-to-market strategies. Additionally, the report will help stakeholders grasp the market's current conditions and offer information on key market drivers, restraints, challenges, and opportunities.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the peristaltic pumps market.