North America Acetaldehyde Market Size & Outlook, 2021-2030
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North America acetaldehyde market highlights
- The North America acetaldehyde market generated a revenue of USD 152.7 million in 2021.
- The market is expected to grow at a CAGR of 5.6% 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, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 152.7 million |
| Market revenue in 2030 | USD 249.9 million |
| Growth rate | 5.6% (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, North America region accounted for 8.0% 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 |
North America 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 74.72% in 2021. Horizon Databook has segmented the North America 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.
- North America Acetaldehyde Process Outlook (Revenue, USD Million, 2018-2030)
- Oxidation of Ethylene
- Oxidation of Ethanol
- Dehydrogenation of Ethanol
- Other Process
- North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America acetaldehyde market, including forecasts for subscribers. This continent databook contains high-level insights into North America acetaldehyde market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America acetaldehyde market report size, by country, 2018-2030 (US$M)
North America Acetaldehyde Market Share, 2021 & 2030 (US$M)
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