Acetaldehyde Market by Process (Wacker Process, Oxidation of Ethanol, Dehydrogenation of Ethanol), Derivative (Pyridine & Pyridine Bases, Pentaerythritol), Application (Food & Beverage, Chemicals, Paints & Coatings), and Region - Global Forecast to 2022

アセトアルデヒドの世界市場予測(~2022年):プロセス、誘導体、用途、地域別分析

◆タイトル:Acetaldehyde Market by Process (Wacker Process, Oxidation of Ethanol, Dehydrogenation of Ethanol), Derivative (Pyridine & Pyridine Bases, Pentaerythritol), Application (Food & Beverage, Chemicals, Paints & Coatings), and Region - Global Forecast to 2022
◆商品コード:CH-6067
◆調査・発行会社:MarketsandMarkets
◆発行日:2018年3月7日
◆ページ数:115
◆レポート形式:PDF / 英語
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The rising use of acetaldehyde in the food & beverage, chemical manufacture, plastics, and paint industries; and high growth in emerging countries drive the acetaldehyde market.
The acetaldehyde market is estimated at USD 1.33 billion in 2017 and is expected to reach USD 1.80 billion by 2022, at a CAGR of 6.24% between 2017 and 2022. Acetaldehyde, also known as ethanal, is an aldehyde used as a starting material in the production of pyridines, ethyl acetate, n-butyl alcohol, and other chemical compounds. Pure acetaldehyde is a colorless, flammable liquid, miscible with water, with a pungent and fruity odor. Acetaldehyde is synthesized naturally and is also produced synthetically on a large scale for various commercial applications and as an important chemical intermediate. The demand for acetaldehyde is growing in emerging economies, such as India, China, and Brazil. Acetaldehyde is mainly used as an intermediate for the synthesis of other chemicals. The major derivatives of acetaldehyde are pentaerythritol, which is used in the manufacture of synthetic resins for the paint industry; and pyridines which are used as solvents in the production of rubber and dyes.

Water treatment segment is projected to grow at the highest CAGR in the acetaldehyde market

Based on application, the water treatment segment is projected to grow at the highest CAGR from 2017 to 2022. Acetaldehyde plays a vital role in wastewater treatment owing to its disinfectant properties. Acetaldehyde is used for the treatment of wastewater from various industries and manufacturing plants. The demand for acetaldehyde from the water treatment application is gaining momentum due to rising environmental impact, such as degradation of freshwater bodies and aquatic life by untreated wastewater, increasing population, and concerns about pollution.

Rising demand for acetaldehyde in the Asia Pacific is driving the acetaldehyde market

The acetaldehyde market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, which can be attributed to the easy availability of raw materials used for the manufacture of acetaldehyde. The Asia Pacific is a strategic location for acetaldehyde manufacturers, as an overall slowdown in the global economic scenario has encouraged many established manufacturers to expand their manufacturing facilities in this region and, thus, increase their sales. The growth of the Asia Pacific market is expected to be primarily driven by China, India, and Japan. Key manufacturers of acetaldehyde are focusing on expanding their bases in the Asia Pacific region to increase their market shares and enhance profit margins.

The breakdown of primary interviews is given below.

• By Company Type: Tier 1 – 46%, Tier 2 – 31%, and Tier 3 – 23%
• By Designation: C-Level Executives – 54%, Directors – 31%, and Others – 15%
• By Region: North America – 23%, Europe – 31%, Asia Pacific – 38%, South America – 5%, and Middle East & Africa – 3%

The report provides company profiles and details of competitive strategies adopted by key market players, such as Celanese (US), Eastman (US), Merck KGaA (Germany), Sumitomo (Japan), Sekab (Sweden), Showa Denko (Japan), Jubilant Life Sciences (India), Lonza (Switzerland), LCY Chemical (Taiwan), and Ashok Alco-chem (India).

Research Coverage
The acetaldehyde market has been segmented on the basis of process, derivative, application, and region. The report covers the acetaldehyde market, in terms of value and volume, and forecasts its market size till 2022. It also provides company profiles and details of competitive strategies adopted by key players operating in the acetaldehyde market.

Reasons to Buy the Report
The report will help market leaders/new entrants in this market in the following ways:

1. The report segments the acetaldehyde market comprehensively and provides the closest approximations of the revenues for the overall market and the subsegments across different verticals and regions.

2. The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, opportunities, and challenges.

3. The report helps stakeholders understand their competitors and gain additional insights into the business. The competitive landscape section includes expansions, new product launches, partnerships & collaborations, and mergers & acquisitions.

【レポートの目次】

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.4 YEARS CONSIDERED FOR THE STUDY 15
1.5 CURRENCY 16
1.6 UNITS CONSIDERED 16
1.7 LIMITATIONS 16
1.8 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 18
2.1.2.1 Key data from primary sources 19
2.1.2.2 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 20
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 22
2.3 DATA TRIANGULATION 23
2.4 ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 29
4.1 ATTRACTIVE OPPORTUNITIES IN ACETALDEHYDE MARKET 29
4.2 ACETALDEHYDE MARKET, BY DERIVATIVE 29
4.3 APAC ACETALDEHYDE MARKET, BY COUNTRY AND DERIVATIVE 30
4.4 ACETALDEHYDE MARKET, BY APPLICATION 31
4.5 ACETALDEHYDE MARKET, BY REGION 32

5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 33
5.2.1 DRIVERS 34
5.2.1.1 Increasing demand from food & beverage, paper & pulp, pharmaceutical, and water treatment applications 34
5.2.1.2 Increasing use of acetaldehyde in derivatives such as pyridines and pentaerythritol 34
5.2.2 RESTRAINTS 35
5.2.2.1 Phasing out of acetic acid production from acetaldehyde 35
5.2.3 CHALLENGE 35
5.2.3.1 Environmental and health hazards of acetaldehyde 35
5.3 PORTER’S FIVE FORCES ANALYSIS 36
5.3.1 BARGAINING POWER OF SUPPLIERS 37
5.3.2 BARGAINING POWER OF BUYERS 37
5.3.3 THREAT OF NEW ENTRANTS 37
5.3.4 THREAT OF SUBSTITUTES 38
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 38
6 ACETALDEHYDE MARKET, BY PROCESS 39
6.1 INTRODUCTION 40
6.2 OXIDATION OF ETHYLENE (HOECHST-WACKER PROCESS) 41
6.2.1 ONE-STAGE PROCESS 41
6.2.2 TWO-STAGE PROCESS 41
6.3 OXIDATION OF ETHANOL 42
6.4 DEHYDROGENATION OF ETHANOL 42
6.5 OTHERS 42
6.5.1 HYDRATION OF ACETYLENE 42
6.5.2 HYDROFORMYLATION OF METHANOL 42
7 ACETALDEHYDE MARKET, BY DERIVATIVE 43
7.1 INTRODUCTION 44
7.2 PYRIDINE & PYRIDINE BASES 45
7.3 PENTAERYTHRITOL 46
7.4 ACETIC ACID 47
7.5 ETHYL ACETATE 48
7.6 OTHERS 49
7.6.1 BUTYLENE GLYCOL 49
7.6.2 CHLORAL 49
7.6.3 PERACETIC ACID 49

8 ACETALDEHYDE MARKET, BY APPLICATION 50
8.1 INTRODUCTION 51
8.2 CHEMICALS 52
8.3 PLASTICS & SYNTHETIC RUBBER 53
8.4 FOOD & BEVERAGE 54
8.5 PAINTS & COATINGS 55
8.6 PHARMACEUTICALS & COSMETICS 56
8.7 PAPER & PULP 57
8.8 WATER TREATMENT 58
8.9 OTHERS 59
9 ACETALDEHYDE MARKET, BY REGION 60
9.1 INTRODUCTION 61
9.2 NORTH AMERICA 62
9.2.1 US 66
9.2.2 CANADA 66
9.2.3 MEXICO 66
9.3 APAC 67
9.3.1 CHINA 71
9.3.2 INDIA 72
9.3.3 JAPAN 72
9.3.4 SOUTH KOREA 72
9.3.5 REST OF APAC 73
9.4 EUROPE 73
9.4.1 GERMANY 77
9.4.2 FRANCE 77
9.4.3 ITALY 77
9.4.4 UK 77
9.4.5 SPAIN 78
9.4.6 REST OF EUROPE 78
9.5 MIDDLE EAST & AFRICA 78
9.5.1 SAUDI ARABIA 81
9.5.2 SOUTH AFRICA 81
9.5.3 UAE 81
9.5.4 REST OF MIDDLE EAST & AFRICA 81
9.6 SOUTH AMERICA 82
9.6.1 BRAZIL 84
9.6.2 ARGENTINA 84
9.6.3 REST OF SOUTH AMERICA 84

10 COMPETITIVE LANDSCAPE 85
10.1 OVERVIEW 85
10.2 MARKET RANKING OF KEY PLAYERS 86
10.3 COMPETITIVE SCENARIO 87
10.3.1 EXPANSIONS,2013–2017 87
10.3.2 AGREEMENTS,2011–2017 87
10.3.3 MERGERS & ACQUISITIONS,2013–2017 88
11 COMPANY PROFILES 89
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 EASTMAN 89
11.2 CELANESE 91
11.3 MERCK KGAA 93
11.4 SUMITOMO CHEMICAL 95
11.5 SHOWA DENKO 97
11.6 ASHOK ALCO – CHEM 99
11.7 JUBILANT LIFE SCIENCES 100
11.8 LCY CHEMICAL 101
11.9 LONZA 102
11.10 SEKAB 103
11.11 OTHER PLAYERS 104
11.11.1 AMADIS CHEMICAL 104
11.11.2 CHINA NATIONAL PETROLEUM CORPORATION 104
11.11.3 CHEMPURE 104
11.11.4 EUROCHEM 104
11.11.5 FINETECH INDUSTRY 104
11.11.6 FISHER SCIENTIFIC 104
11.11.7 GODAVARI BIOREFINERIES 105
11.11.8 JIANGSU SANMU GROUP 105
11.11.9 JINYIMENG GROUP 105
11.11.10 KANORIA CHEMICALS & INDUSTRIES 105
11.11.11 LOBA CHEMIE 105
11.11.12 NANTONG JINRUI CHEMICAL 105
11.11.13 PENTA MANUFACTURING 105
11.11.14 SHANDONG KUNDA BIOTECHNOLOGY 106
11.11.15 TRACTUS 106
*Details might not be captured in case of unlisted companies

12 APPENDIX 107
12.1 INSIGHTS FROM INDUSTRY EXPERTS 107
12.2 DISCUSSION GUIDE 108
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 110
12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 112
12.5 AVAILABLE CUSTOMIZATIONS 113
12.6 RELATED REPORTS 113
12.7 AUTHOR DETAILS 114

LIST OF TABLES

TABLE 1 ACETALDEHYDE MARKET SIZE, BY PROCESS, 2015–2022 (USD MILLION) 40
TABLE 2 ACETALDEHYDE MARKET SIZE, BY PROCESS, 2015–2022 (KILOTON) 41
TABLE 3 ACETALDEHYDE MARKET SIZE, BY DERIVATIVE, 2015–2022 (USD MILLION) 44
TABLE 4 ACETALDEHYDE MARKET SIZE, BY DERIVATIVE, 2015–2022 (KILOTON) 44
TABLE 5 PYRIDINE & PYRIDINE BASES MARKET SIZE, BY REGION,
2015–2022 (USD MILLION) 45
TABLE 6 PYRIDINE & PYRIDINE BASES MARKET SIZE, BY REGION, 2015–2022 (KILOTON) 45
TABLE 7 PENTAERYTHRITOL MARKET SIZE, BY REGION, 2015–2022 (USD MILLION) 46
TABLE 8 PENTAERYTHRITOL MARKET SIZE, BY REGION, 2015–2022 (KILOTON) 46
TABLE 9 ACETIC ACID MARKET SIZE, BY REGION, 2015–2022 (USD MILLION) 47
TABLE 10 ACETIC ACID MARKET SIZE, BY REGION, 2015–2022 (KILOTON) 47
TABLE 11 ETHYL ACETATE MARKET SIZE, BY REGION, 2015–2022 (USD MILLION) 48
TABLE 12 ETHYL ACETATE MARKET SIZE, BY REGION, 2015–2022 (KILOTON) 48
TABLE 13 OTHERS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION) 49
TABLE 14 OTHERS MARKET SIZE, BY REGION, 2015–2022 (KILOTON) 49
TABLE 15 ACETALDEHYDE MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION) 51
TABLE 16 ACETALDEHYDE MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON) 52
TABLE 17 ACETALDEHYDE MARKET IN CHEMICALS APPLICATION, BY REGION,
2015–2022 (USD MILLION) 52
TABLE 18 ACETALDEHYDE MARKET IN CHEMICALS APPLICATION, BY REGION,
2015–2022(KILOTON) 53
TABLE 19 ACETALDEHYDE MARKET IN PLASTICS & SYNTHETIC RUBBER APPLICATION,
BY REGION, 2015–2022 (USD MILLION) 53
TABLE 20 ACETALDEHYDE MARKET IN PLASTICS & SYNTHETIC RUBBER APPLICATION,
BY REGION, 2015–2022(KILOTON) 53
TABLE 21 ACETALDEHYDE MARKET IN FOOD & BEVERAGE APPLICATION, BY REGION,
2015–2022 (USD MILLION) 54
TABLE 22 ACETALDEHYDE MARKET IN FOOD & BEVERAGE APPLICATION, BY REGION,
2015–2022(KILOTON) 54
TABLE 23 ACETALDEHYDE MARKET IN PAINTS & COATINGS APPLICATION, BY REGION,
2015–2022 (USD MILLION) 55
TABLE 24 ACETALDEHYDE MARKET IN PAINTS & COATINGS APPLICATION, BY REGION,
2015–2022 (KILOTON) 55
TABLE 25 ACETALDEHYDE MARKET IN PHARMACEUTICALS & COSMETICS APPLICATION,
BY REGION, 2015–2022 (USD MILLION) 56
TABLE 26 ACETALDEHYDE MARKET IN PHARMACEUTICALS & COSMETICS APPLICATION,
BY REGION, 2015–2022 (KILOTON) 56
TABLE 27 ACETALDEHYDE MARKET IN PAPER & PULP APPLICATION, BY REGION,
2015–2022 (USD MILLION) 57
TABLE 28 ACETALDEHYDE MARKET IN PAPER & PULP APPLICATION, BY REGION,
2015–2022 (KILOTON) 57
TABLE 29 ACETALDEHYDE MARKET IN WATER TREATMENT APPLICATION, BY REGION,
2015–2022 (USD MILLION) 58
TABLE 30 ACETALDEHYDE MARKET IN WATER TREATMENT APPLICATION, BY REGION,
2015–2022 (KILOTON) 58
TABLE 31 ACETALDEHYDE MARKET IN OTHER APPLICATIONS, BY REGION,
2015–2022 (USD MILLION) 59
TABLE 32 ACETALDEHYDE MARKET IN OTHER APPLICATIONS, BY REGION,
2015–2022 (KILOTON) 59
TABLE 33 ACETALDEHYDE MARKET, BY REGION, 2015–2022 (USD MILLION) 62
TABLE 34 ACETALDEHYDE MARKET, BY REGION, 2015–2022 (KILOTON) 62
TABLE 35 NORTH AMERICA: ACETALDEHYDE MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 63
TABLE 36 NORTH AMERICA: ACETALDEHYDE MARKET SIZE, BY COUNTRY,
2015–2022 (KILOTON) 64
TABLE 37 NORTH AMERICA: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE,
2015–2022 (USD MILLION) 64
TABLE 38 NORTH AMERICA: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE,
2015–2022 (KILOTON) 64
TABLE 39 NORTH AMERICA: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 65
TABLE 40 NORTH AMERICA: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (KILOTON) 65
TABLE 41 APAC: ACETALDEHYDE MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION) 69
TABLE 42 APAC: ACETALDEHYDE MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON) 69
TABLE 43 APAC: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE, 2015–2022 (USD MILLION) 69
TABLE 44 APAC: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE, 2015–2022 (KILOTON) 70
TABLE 45 APAC: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 70
TABLE 46 APAC: ACETALDEHYDE MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON) 70
TABLE 47 EUROPE: ACETALDEHYDE MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION) 74
TABLE 48 EUROPE: ACETALDEHYDE MARKET SIZE, BY COUNTRY, 2015–2022 (KILOTON) 75
TABLE 49 EUROPE: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE,
2015–2022 (USD MILLION) 75
TABLE 50 EUROPE: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE, 2015–2022 (KILOTON) 75
TABLE 51 EUROPE: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 76
TABLE 52 EUROPE: ACETALDEHYDE MARKET SIZE, BY APPLICATION, 2015–2022 (KILOTON) 76
TABLE 53 MIDDLE EAST & AFRICA: ACETALDEHYDE MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 78
TABLE 54 MIDDLE EAST & AFRICA: ACETALDEHYDE MARKET SIZE, BY COUNTRY,
2015–2022 (KILOTON) 79
TABLE 55 MIDDLE EAST & AFRICA: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE,
2015–2022 (USD MILLION) 79
TABLE 56 MIDDLE EAST & AFRICA: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE,
2015–2022 (KILOTON) 79
TABLE 57 MIDDLE EAST & AFRICA: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 80
TABLE 58 MIDDLE EAST & AFRICA: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (KILOTON) 80
TABLE 59 SOUTH AMERICA: ACETALDEHYDE MARKET SIZE, BY COUNTRY,
2015–2022 (USD MILLION) 82
TABLE 60 SOUTH AMERICA: ACETALDEHYDE MARKET SIZE, BY COUNTRY,
2015–2022 (KILOTON) 82
TABLE 61 SOUTH AMERICA: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE,
2015–2022 (USD MILLION) 83
TABLE 62 SOUTH AMERICA: ACETALDEHYDE MARKET SIZE, BY DERIVATIVE,
2015–2022 (KILOTON) 83
TABLE 63 SOUTH AMERICA: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (USD MILLION) 83
TABLE 64 SOUTH AMERICA: ACETALDEHYDE MARKET SIZE, BY APPLICATION,
2015–2022 (KILOTON) 84


LIST OF FIGURES

FIGURE 1 ACETALDEHYDE MARKET: RESEARCH DESIGN 17
FIGURE 2 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 21
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 22
FIGURE 4 ACETALDEHYDE MARKET: DATA TRIANGULATION 23
FIGURE 5 OXIDATION OF ETHYLENE PROCESS TO DOMINATE THE MARKET 26
FIGURE 6 PYRIDINE & PYRIDINE BASES TO ACCOUNT FOR LARGEST MARKET SHARE 26
FIGURE 7 FOOD & BEVERAGE APPLICATION TO DOMINATE THE MARKET 27
FIGURE 8 APAC DOMINATED THE ACETALDEHYDE MARKET, 2016 27
FIGURE 9 INCREASING USE OF ACETALDEHYDE IN PYRIDINE & PYRIDINE BASES AND PENTAERYTHRITOL TO DRIVE THE MARKET 29
FIGURE 10 PENTAERYTHRITOL TO BE THE FASTEST-GROWING DERIVATIVE OF ACETALDEHYDE BETWEEN 2017 AND 2022 29
FIGURE 11 PYRIDINE & PYRIDINE BASE WAS THE LARGEST DERIVATIVE IN 2017 30
FIGURE 12 FOOD & BEVERAGE ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2016 31
FIGURE 13 APAC TO BE THE FASTEST-GROWING ACETALDEHYDE MARKET 32
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE ACETALDEHYDE MARKET 33
FIGURE 15 ACETALDEHYDE MARKET: PORTER’S FIVE FORCES ANALYSIS 36
FIGURE 16 OXIDATION OF ETHYLENE PROCESS TO GROW RAPIDLY BETWEEN 2017 AND 2022 40
FIGURE 17 WATER TREATMENT APPLICATION TO REGISTER THE HIGHEST CAGR 51
FIGURE 18 APAC TO BE THE FASTEST-GROWING ACETALDEHYDE MARKET, 2017–2022 61
FIGURE 19 NORTH AMERICAN ACETALDEHYDE MARKET SNAPSHOT 63
FIGURE 20 APAC ACETALDEHYDE MARKET SNAPSHOT 68
FIGURE 21 CHINA TO BE THE LARGEST ACETALDEHYDE MARKET 71
FIGURE 22 EUROPEAN ACETALDEHYDE MARKET SNAPSHOT 74
FIGURE 23 COMPANIES ADOPTED EXPANSIONS AS THE KEY GROWTH STRATEGY 85
FIGURE 24 CELANESE ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2016 86
FIGURE 25 EASTMAN: COMPANY SNAPSHOT 89
FIGURE 26 CELANESE: COMPANY SNAPSHOT 91
FIGURE 27 MERCK KGAA: COMPANY SNAPSHOT 93
FIGURE 28 SUMITOMO CHEMICAL: COMPANY SNAPSHOT 95
FIGURE 29 SHOWA DENKO: COMPANY SNAPSHOT 97
FIGURE 30 JUBILANT LIFE SCIENCES: COMPANY SNAPSHOT 100
FIGURE 31 ASHOK ALCO-CHEM: COMPANY SNAPSHOT 99
FIGURE 32 LCY GROUP: COMPANY SNAPSHOT 101
FIGURE 33 LONZA: COMPANY SNAPSHOT 102


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