Asia Pacific Acetaldehyde Market Size & Outlook, 2021-2030
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Asia Pacific acetaldehyde market highlights
- The Asia Pacific acetaldehyde market generated a revenue of USD 1,141.2 million in 2021.
- The market is expected to grow at a CAGR of 5.7% from 2022 to 2030.
- In terms of segment, oxidation of ethylene was the largest revenue generating process in 2021.
- Oxidation of Ethylene is the most lucrative process segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 1,141.2 million |
| Market revenue in 2030 | USD 1,877.7 million |
| Growth rate | 5.7% (CAGR from 2021 to 2030) |
| Largest segment | Oxidation of ethylene |
| Fastest growing segment | Oxidation of Ethylene |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oxidation of Ethylene, Oxidation of Ethanol, Dehydrogenation of Ethanol, Other Process |
| Key market players worldwide | Celanese Corp Class A, Eastman Chemical Co, Sumitomo Chemical Co Ltd, Lonza Group Ltd, SEKAB, Ashok Alco-Chem, LCY Chemical, Jubilant Life Sciences |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 59.9% of the global acetaldehyde market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,877.7 million by 2030.
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Acetaldehyde Market Scope
Acetaldehyde Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jubilant Life Sciences | View profile | 5001-10000 | Amroha, Uttar Pradesh, India, Asia | http://www.jubl.com/ |
| LCY Chemical | View profile | 501-1000 | Taiwan, Jiangsu, China, Asia | http://www.lcygroup.com/lcy/en/ |
| Ashok Alco-Chem | View profile | 101-250 | Mumbai, Maharashtra, India, Asia | https://www.ashokalcochem.com/ |
| SEKAB | View profile | 51-100 | Örnsköldsvik, Vasternorrlands Lan, Sweden, Europe | http://www.sekab.com |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
Asia Pacific acetaldehyde market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to acetaldehyde market will help companies and investors design strategic landscapes.
Oxidation of ethylene was the largest segment with a revenue share of 75.27% in 2021. Horizon Databook has segmented the Asia Pacific acetaldehyde market based on oxidation of ethylene, oxidation of ethanol, dehydrogenation of ethanol, other process covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Acetaldehyde Process Outlook (Revenue, USD Million, 2018-2030)
- Oxidation of Ethylene
- Oxidation of Ethanol
- Dehydrogenation of Ethanol
- Other Process
- Asia Pacific Acetaldehyde Application Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverages
- Chemicals
- Pharmaceuticals & Cosmetics
- Paper & Pulp
- Plastics & Synthetic Rubber
- Paints & Coatings
- Other Applications
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Target buyers of Asia Pacific acetaldehyde market databook
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Our clientele includes a mix of acetaldehyde market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific acetaldehyde market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific acetaldehyde market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific acetaldehyde market report size, by country, 2018-2030 (US$M)
Asia Pacific Acetaldehyde Market Share, 2021 & 2030 (US$M)
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