Acetaldehyde Industry analysis research and trends report for 2019-20 Acetaldehyde Market | Page 2
alter physical properties of ink to cater different conditions. These factors may favor
acetaldehyde market growth.
Acetaldehyde is present in ripe fruits including apples, grapes, and citrus fruits as well
as in roasted coffee beans, essential oils, and wine. It is the main metabolite of ethanol,
alcohol found in alcoholic beverages. Beverages are the general population’s principal
source of exposure to acetaldehyde.
Asia Pacific driven by South Korea, Japan, India and China acetaldehyde market may
register strong gains by 2025. Manufacturers are shifting their base to the region owing
to low production cost along with easy availability of raw material and labor which may
propel acetaldehyde industry size.
Europe led by France, UK, Italy and Germany acetaldehyde market size may grow
significantly owing to increasing polymer industries. Growing demand from automotive
sector may fuel regional market growth owing to its properties of imparting rigidity,
withstanding high temperature and maintaining its mechanical stability.
Global acetaldehyde market share is competitive and consolidated with key players
including Celanese, Sinopec, Eastman Chemical, Showa Denko, Sumitomo, Lonza,
and Merck KGaA. Other players include Jubilant Life Sciences, LCY Chemical, Ashok
Alco-chem, Eurochem Group AG, China National Petroleum Corporation, and Wacker
Chemie AG.
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