Global Aldehyde Market: Information by Product Type (Formaldehyde, Acetaldehyde, Benzaldehyde, Butyraldehyde, Propionaldehyde, Cinnamic Aldehyde and others), End-Use Industry (Chemicals, Healthcare, Petrochemical, Polymer, Paints & Coatings, Adhesives & Sealants and others) and Region (North America, Latin America, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2027
ID: MRFR/CnM/1739-HCR | February 2021 | Region: Global | 140 pages
Market Research Future’s Review on Aldehyde Market
Aldehyde Market is estimated to reach a value of USD 6.0 billion in 2025 and is expected to grow at a CAGR of 3.5% during the forecast period.
Aldehyde is an organic compound containing a formyl functional group. Aldehydes have properties that are diverse and depend on the remainder of the molecular functional group. Significant types of aldehyde group are formaldehyde, butyraldehyde, acetaldehyde, propionaldehyde, benzaldehyde, and others. Aldehydes are used as building blocks in the synthesis of diverse commercially essential compounds, which are used across in chemical, pharmaceutical, food & beverages, and automotive and others. Industrially, aldehydes are mainly used for producing other chemicals such as acids, alcohols, resins, etc.
Among the various types of aldehydes, formaldehyde is used significantly for multiple applications such as tanning, preserving, fungicide, insecticide, and for the production of polymeric materials. Another, important compound of aldehyde family is acetaldehyde, which is used in the production of acetic acid and is used as a plasticizer in the plastic industry and paints binder in paints & coating industry. The growing demand for formaldehyde and acetaldehyde is considered to be among the key driving factor for the growth of global aldehyde market during the forecast period.
Furthermore, increasing demand for formaldehyde form medical industry as disinfectant owing to its superior ability to kill bacteria and other microbes is expected to augment the growth of the market. Another prominent factor which is expected to drive the growth of global aldehyde market is increasing demand of benzaldehyde, as a precursor in the production of various chemicals such as plastic additives, pharmaceuticals, styrene, acridine dyes, and others. Butyraldehyde is another chemical which is used in the production of downstream chemicals such as n-butanol, 2-ethyl hexanol, and polyvinyl butyral. Thus, with the diverse and growing application of the aldehyde family, the market for an aldehyde is expected to grow at a significant pace. Although aldehyde is used indispensably across various end-use industries such as food & beverages, healthcare, and chemicals, however, environmental hazards and toxic nature associated with aldehyde compounds is expected to act as a major restraining factor for the growth of the global market.
Key Players
Some of the key players operating in the global aldehyde market are Huntsman Corporation (US), Eastman Chemical Company (US), BASF SE (Germany), Celanese Corporation (US), Gujarat Alkalies And Chemicals Limited (India), Georgia Pacific Corporation (US), Simalin Chemicals Industries Limited (India), China National Petroleum Corporation (China), Sinopec Corporation (China), Sumitomo Corporation (Japan), Dynea Oy (Finland), UK Aromatics & Chemicals (UK), Ascent Finechem (P) Ltd (India), and Atul Ltd (India).
Global Aldehyde Market Share, By Application, 2018 (%) 
Regional Analysis
The Asia-Pacific aldehyde market is expected to dominate the global market owing to massive chemicals and automotive production base in China, India, and ASEAN countries. The region is expected to witness healthy growth during the forecast period further, owing to rapid industrialization and economic growth in the region.
Moreover, global chemical manufacturers are focusing on shifting their production base to India and China, owing to favorable government policies and lower labor and raw material cost, this trend is expected to further augment the growth of global aldehyde market during the forecast period. North America is expected to be the second-largest market for aldehyde market. The region is projected to experience moderate growth during the forecast period. The growing chemical and manufacturing industry supports the increase in the region in the US. The European market is projected to witness steady growth during the forecast period primarily due to improving economic growth and increasing investment in the chemical industry, particularly in Germany and France. Latin America and Middle East & Africa regions are expected to grow at a moderate CAGR during the forecast period.
Segmentation Analysis
The global aldehyde market has been segmented based on product type, end-use industry, and region.
Based on product type, the global aldehyde market has been categorized as formaldehyde, acetaldehyde, benzaldehyde, butyraldehyde, propionaldehyde, cinnamic aldehyde, and others.
By end-use industry, the global aldehyde market has been divided into chemicals, healthcare, petrochemical, polymer, paints & coatings, adhesives & sealants, and others
The global aldehyde market, by region, has been segregated into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Industry News:
In November 2019, Evonik has come up with a procedure that would ensure the obtaining of aldehyde groups in just a single step. They have a standard catalytic membrane reactor that would derive aldehydes from olefins and syngas using just a simple step.
Target Audience
- Supplier and traders of aldehyde
- Manufacturers of aldehyde
- Resign manufacturers.
- Research institute/education institute.
- Potential investors.
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 6.0 Billion |
| CAGR | 3.5% (2017-2025) |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, End-User and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Huntsman Corporation (US), Eastman Chemical Company (US), BASF SE (Germany), Celanese Corporation (US), Gujarat Alkalies And Chemicals Limited (India), Georgia Pacific Corporation (US), Simalin Chemicals Industries Limited (India), China National Petroleum Corporation (China), Sinopec Corporation (China), Sumitomo Corporation (Japan), Dynea Oy (Finland), UK Aromatics & Chemicals (UK), Ascent Finechem (P) Ltd (India), and Atul Ltd (India) |
| Key Market Opportunities | Improving economic growth and increasing investment in the chemical industry |
| Key Market Drivers | Favorable government policies and lower labor and raw material cost |
Frequently Asked Questions (FAQ) :
The aldehyde market is projected to grow at a 3.5% CAGR between 2020-2027.
The aldehyde market is predicted to touch USD 6.0 billion by 2025.
The APAC region is expected to have a major share in the aldehyde market.
Different end use industries for aldehyde include adhesives and sealants, paints and coatings, polymer, and others.
Increasing use in chemicals, healthcare, and food & beverage industry is boosting market growth.
Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics of the Global Aldehyde Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis of the Global Aldehyde Market
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers/Producers
5.1.3 Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End User
5.2 Porter’s Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Buyers
5.2.3 Bargaining Power of Suppliers
5.2.4 Threat of Substitutes
5.2.5 Intensity of Competitive Rivalry
5.3 Pricing Analysis
6. Global Aldehyde Market, by Type
6.1 Introduction
6.2 Formaldehyde
6.2.1 Market Estimates & Forecast, 2020–2027
6.2.2 Market Estimates & Forecast, by Region, 2020–2027
6.3 Acetaldehyde
6.3.1 Market Estimates & Forecast, 2020–2027
6.3.2 Market Estimates & Forecast, by Region, 2020–2027
6.4 Benzaldehyde
6.4.1 Market Estimates & Forecast, 2020–2027
6.4.2 Market Estimates & Forecast, by Region, 2020–2027
6.5 Butyraldehyde
6.5.1 Market Estimates & Forecast, 2020–2027
6.5.2 Market Estimates & Forecast, by Region, 2020–2027
6.6 Propionaldehyde
6.6.1 Market Estimates & Forecast, 2020–2027
6.6.2 Market Estimates & Forecast, by Region, 2020–2027
6.7 Cinnamic Aldehyde
6.7.1 Market Estimates & Forecast, 2020–2027
6.7.2 Market Estimates & Forecast, by Region, 2020–2027
6.8 Others
6.8.1 Market Estimates & Forecast, 2020–2027
6.8.2 Market Estimates & Forecast, by Region, 2020–2027
7. Global Aldehyde Market, by End-Use Industry
7.1 Introduction
7.2 Chemicals
7.2.1 Market Estimates & Forecast, 2020–2027
7.2.2 Market Estimates & Forecast, by Region, 2020–2027
7.3 Healthcare
7.3.1 Market Estimates & Forecast, 2020–2027
7.3.2 Market Estimates & Forecast, by Region, 2020–2027
7.4 Petrochemical
7.4.1 Market Estimates & Forecast, 2020–2027
7.4.2 Market Estimates & Forecast, by Region, 2020–2027
7.5 Polymer
7.5.1 Market Estimates & Forecast, 2020–2027
7.5.2 Market Estimates & Forecast, by Region, 2020–2027
7.6 Paints & Coatings
7.6.1 Market Estimates & Forecast, 2020–2027
7.6.2 Market Estimates & Forecast, by Region, 2020–2027
7.7 Adhesives & Sealants
7.7.1 Market Estimates & Forecast, 2020–2027
7.7.2 Market Estimates & Forecast, by Region, 2020–2027
7.8 Others
7.8.1 Market Estimates & Forecast, 2020–2027
7.8.2 Market Estimates & Forecast, by Region, 2020–2027
8. Global Aldehyde Market, by Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2020–2027
8.2.2 Market Estimates & Forecast, by Type, 2020–2027
8.2.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.2.4 US
8.2.4.1 Market Estimates & Forecast, 2020–2027
8.2.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.2.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.2.5 Canada
8.2.5.1 Market Estimates & Forecast, 2020–2027
8.2.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.2.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3 Europe
8.3.1 Market Estimates & Forecast, 2020–2027
8.3.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.4 Germany
8.3.4.1 Market Estimates & Forecast, 2020–2027
8.3.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.5 France
8.3.5.1 Market Estimates & Forecast, 2020–2027
8.3.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.6 Italy
8.3.6.1 Market Estimates & Forecast, 2020–2027
8.3.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.7 Spain
8.3.7.1 Market Estimates & Forecast, 2020–2027
8.3.7.2 Market Estimates & Forecast, by Type,2020–2027
8.3.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.8 UK
8.3.8.1 Market Estimates & Forecast, 2020–2027
8.3.8.2 Market Estimates & Forecast, by Type,2020–2027
8.3.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.9 Russia
8.3.9.1 Market Estimates & Forecast, 2020–2027
8.3.9.2 Market Estimates & Forecast, by Type,2020–2027
8.3.9.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.10 Poland
8.3.10.1 Market Estimates & Forecast, 2020–2027
8.3.10.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.10.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.3.11 Rest of Europe
8.3.11.1 Market Estimates & Forecast, 2020–2027
8.3.11.2 Market Estimates & Forecast, by Type, 2020–2027
8.3.11.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.4 Asia-Pacific
8.4.1 Market Estimates & Forecast, 2020–2027
8.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.4.4 China
8.4.4.1 Market Estimates & Forecast, 2020–2027
8.4.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.4.5 India
8.4.5.1 Market Estimates & Forecast, 2020–2027
8.4.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.4.6 Japan
8.4.6.1 Market Estimates & Forecast, 2020–2027
8.4.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.4.7 Australia & New Zealand
8.4.7.1 Market Estimates & Forecast, 2020–2027
8.4.7.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.4.8 Rest of Asia-Pacific
8.4.8.1 Market Estimates & Forecast, 2020–2027
8.4.8.2 Market Estimates & Forecast, by Type, 2020–2027
8.4.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.5 Middle East & Africa
8.5.1 Market Estimates & Forecast, 2020–2027
8.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.5.4 GCC
8.5.4.1 Market Estimates & Forecast, 2020–2027
8.5.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.5.5 Israel
8.5.5.1 Market Estimates & Forecast, 2020–2027
8.5.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.5.6 North Africa
8.5.6.1 Market Estimates & Forecast, 2020–2027
8.5.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.5.7 Turkey
8.5.7.1 Market Estimates & Forecast, 2020–2027
8.5.7.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.5.8 Rest of Middle East & Africa
8.5.8.1 Market Estimates & Forecast, 2020–2027
8.5.8.2 Market Estimates & Forecast, by Type, 2020–2027
8.5.8.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.6 Latin America
8.6.1 Market Estimates & Forecast, 2020–2027
8.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.6.4 Brazil
8.6.4.1 Market Estimates & Forecast, 2020–2027
8.6.4.2 Market Estimates & Forecast, by Type, 2020–2027
8.6.4.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.6.5 Argentina
8.6.5.1 Market Estimates & Forecast, 2020–2027
8.6.5.2 Market Estimates & Forecast, by Type, 2020–2027
8.6.5.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.6.6 Mexico
8.6.6.1 Market Estimates & Forecast, 2020–2027
8.6.6.2 Market Estimates & Forecast, by Type, 2020–2027
8.6.6.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
8.6.7 Rest of Latin America
8.6.7.1 Market Estimates & Forecast, 2020–2027
8.6.7.2 Market Estimates & Forecast, by Type, 2020–2027
8.6.7.3 Market Estimates & Forecast, by End-Use Industry, 2020–2027
9. Company Landscape
9.1 Introduction
9.2 Market Strategy
9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Financial Updates
10.1.3 Product/Business Segment Overview
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 AkzoNobel NV
10.2.1 Company Overview
10.2.2 Financial Updates
10.2.3 Product/Business Segment Overview
10.2.4 Strategy
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 DowDuPont, Inc.
10.3.1 Company Overview
10.3.2 Financial Updates
10.3.3 Product/Business Segment Overview
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 Lenntech BV
10.4.1 Company Overview
10.4.2 Financial Updates
10.4.3 Product/Business Segment Overview
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 SWOT Analysis
10.5 Thermax
10.5.1 Company Overview
10.5.2 Financial Updates
10.5.3 Product/Business Segment Overview
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Accepta Water Treatment
10.6.1 Company Overview
10.6.2 Financial Updates
10.6.3 Product/Business Segment Overview
10.6.4 Strategy
10.6.5 Key Developments
10.6.6 SWOT Analysis
10.7 Aries Chemical, Inc.
10.7.1 Company Overview
10.7.2 Financial Updates
10.7.3 Product/Business Segment Overview
10.7.4 Strategy
10.7.5 Key Developments
10.7.6 SWOT Analysis
10.8 Chembond Chemicals Limited
10.8.1 Company Overview
10.8.2 Financial Updates
10.8.3 Product/Business Segment Overview
10.8.4 Strategy
10.8.5 Key Developments
10.8.6 SWOT Analysis
10.9 Wilh. Wilhelmsen Holding ASA
10.9.1 Company Overview
10.9.2 Financial Updates
10.9.3 Product/Business Segment Overview
10.9.4 Strategy
10.9.5 Key Developments
10.9.6 SWOT Analysis
10.10 Chemtex Speciality Limited
10.10.1 Company Overview
10.10.2 Financial Updates
10.10.3 Product/Business Segment Overview
10.10.4 Strategy
10.10.5 Key Developments
10.10.6 SWOT Analysis
10.11 ChemTreat Inc.
10.11.1 Company Overview
10.11.2 Financial Updates
10.11.3 Product/Business Segment Overview
10.11.4 Strategy
10.11.5 Key Developments
10.11.6 SWOT Analysis
10.12 Culligan
10.12.1 Company Overview
10.12.2 Financial Updates
10.12.3 Product/Business Segment Overview
10.12.4 Strategy
10.12.5 Key Developments
10.12.6 SWOT Analysis
10.13 Bionics Advanced Filtration Systems (P) Ltd
10.13.1 Company Overview
10.13.2 Financial Updates
10.13.3 Product/Business Segment Overview
10.13.4 Strategy
10.13.5 Key Developments
10.13.6 SWOT Analysis
10.14 INDOCHEM
10.14.1 Company Overview
10.14.2 Financial Updates
10.14.3 Product/Business Segment Overview
10.14.4 Strategy
10.14.5 Key Developments
10.14.6 SWOT Analysis
10.15 Aquaquest Aldehyde
10.15.1 Company Overview
10.15.2 Financial Updates
10.15.3 Product/Business Segment Overview
10.15.4 Strategy
10.15.5 Key Developments
10.15.6 SWOT Analysis
11. Conclusion
LIST OF TABLES
Table 1 Global Aldehyde Market: by Region, 2020–2027
Table 2 North America: Aldehyde Market, by Country, 2020–2027
Table 3 Europe: Aldehyde Market, by Country, 2020–2027
Table 4 Asia-Pacific: Aldehyde Market. by Country, 2020–2027
Table 5 Middle East & Africa: Aldehyde Market, by Country, 2020–2027
Table 6 Latin America: Aldehyde Market, by Country, 2020–2027
Table 7 Global Aldehyde Type Market, by Regions, 2020–2027
Table 8 North America: Aldehyde Type Market, by Country, 2020–2027
Table 9 Europe: Aldehyde Type Market, by Country, 2020–2027
Table10 Asia-Pacific: Aldehyde Type Market, by Country, 2020–2027
Table11 Middle East & Africa: Aldehyde Type Market, by Country, 2020–2027
Table12 Latin America: Aldehyde Type Market, by Country, 2020–2027
Table 13 Global Aldehyde End-Use Industry Market, by Regions, 2020–2027
Table14 North America: Aldehyde End-Use Industry Market, by Country, 2020–2027
Table15 Europe: Aldehyde End-Use Industry Market, by Country, 2020–2027
Table16 Asia-Pacific: Aldehyde End-Use Industry Market, by Country, 2020–2027
Table17 Middle East & Africa: Aldehyde End-Use Industry Market, by Country, 2020–2027
Table18 Latin America: Aldehyde by End-Use Industry Market, by Country, 2020-2023
Table19 Global Type Market, by Region, 2020–2027
Table20 Global End-Use Industry Market, by Region, 2020–2027
Table21 North America: Aldehyde Market, by Country, 2020–2027
Table22 North America: Aldehyde Market, by Type, 2020–2027
Table23 North America: Aldehyde Market, by End-Use Industry, 2020–2027
Table24 Europe: Aldehyde Market, by Country, 2020–2027
Table25 Europe: Aldehyde Market, by Type, 2020–2027
Table26 Europe: Aldehyde Market, by End-Use Industry, 2020–2027
Table27 Asia-Pacific: Aldehyde Market, by Country, 2020–2027
Table28 Asia-Pacific: Aldehyde Market, by Type, 2020–2027
Table29 Asia-Pacific: Aldehyde Market, by End-Use Industry, 2020–2027
Table30 Middle East & Africa: Aldehyde Market, by Country, 2020–2027
Table31 Middle East & Africa: Aldehyde Market, by Type, 2020–2027
Table32 Middle East & Africa: Aldehyde Market, by End-Use Industry, 2020–2027
Table33 Latin America: Aldehyde Market, by Country, 2020–2027
Table34 Latin America: Aldehyde Market, by Type, 2020–2027
Table35 Latin America: Aldehyde Market, by End-Use Industry, 2020–2027
LIST OF FIGURES
FIGURE 1 Global Aldehyde Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of Global Aldehyde Market
FIGURE 4 Value Chain of Global Aldehyde Market
FIGURE 5 Share of Global Aldehyde Market in 2020, by Country
FIGURE 6 Global Aldehyde Market, 2020–2027,
FIGURE 7 Global Aldehyde Market Size, by Type, 2020
FIGURE 8 Share of Global Aldehyde Market, by Type, 2020–2027
FIGURE 9 Global Aldehyde Market Size, by End-Use Industry, 2020
FIGURE10 Share of Global Aldehyde Market, by End-Use Industry, 2020–2027