Acetaldehyde is defined as an aldehyde, formed from acetic acid by the significant reduction of the carboxy group. Acetaldehyde is a chemical which acts as an intermediate in synthesizing other chemicals. Rising demand of acetaldehyde for diverse applications such as chemicals, food & beverage, paints & coatings, pharmaceuticals & cosmetics, and others is expected to proliferate the growth of the acetaldehyde market.
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The market for global acetaldehyde is concentrated with some very well-established players. Some of the key players in the global acetaldehyde market include Ashok Alco – chem Limited, Celanese Corporation, Chempure Private Limited, Eastman Chemical Company, Jubilant Life Sciences Limited, Lonza Group Ltd, LYC Chemical Corp, Merck KGaA, Sekab, and Sumitomo Chemical Co., Ltd. among others.
Based on application, the acetaldehyde market has been segmented into chemicals, plastics, and synthetic rubber, food & beverages, paints and coatings, pharmaceuticals and cosmetics, paper and pulp, and others. The chemical segment dominated the global acetaldehyde market. Acetaldehyde is commercially used as an intermediate in the chemical production of pyridine and pyridine bases, acetic acid, pentaerythritol, and other chemicals. Furthermore, acetaldehyde is a key raw material in the production of a wide range of chemicals such as paint binders in alkyd paints and as a plasticizer for plastics. It is used as a raw material for ethyl acetate, pyridines, pentaerythritol, chloral, lactic acid, peracetic acid, acetic acid, 1,3-butylene glycol, and crotonaldehyde. Acetaldehyde is also used as an intermediate in the manufacturing of dyes, pharmaceuticals, perfumes, and pesticides. These factors boost the acetaldehyde demand in the chemical application.
Acetaldehyde is used in a wide range of industrial applications; it is the most commonly used raw material in the organic chemical industry. As a raw material, it is used in the manufacturing of paint binders, plasticizers, and superabsorbents that go in baby nappies. It is also used in the manufacture of various types of building materials, synthetic lubricants, fire protection paints, and explosives. In the pharmaceuticals industry, it is used in the production of vitamins, sleeping aids, and sedatives. It is also often used as an intermediate in the chemical synthesis of acetic acid. Moreover, acetaldehyde chemical is infused in various types of perfumes and can further be used in decorative cosmetics, fragrances, shampoos, soaps, and oral care products as well as in household cleaners and detergents. It is a part of fuel composition as well as solvents. The solvents containing acetaldehyde are used in the rubber and paper manufacturing, and tanning industries, among others; moreover, it is a major component of the silvering of mirrors. In the food & beverages industry, acetaldehyde is used in the production of preservatives and flavorings. Furthermore, it occurs naturally in fruits and fruit juices, ripe fruits, cheese, and heated milk.
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Market Segmentation:
Acetaldehyde Market, by Insect Type
Acetaldehyde Market, by Derivative
Acetaldehyde Market, by Application
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