GITNUX MARKETDATA REPORT 2024
Acetaldehyde Industry Statistics
The acetaldehyde industry is expected to witness steady growth in the upcoming years driven by increasing demand from various end-use industries such as chemicals, pharmaceuticals, and food & beverage.
In this post, we explore key statistics and insights related to the global Acetaldehyde industry. From market values and projections to regional market shares and applications, these data points shed light on the dynamics shaping this crucial sector.
Statistic 1
"The global Acetaldehyde Market was valued at $1.3 billion in 2019."
Statistic 2
"The acetaldehyde market size is projected to reach $2.26 billion by 2026."
Statistic 3
"The CAGR of the Acetaldehyde market from 2021 to 2026 is projected to be 6.3%."
Statistic 4
"The Asian Pacific region leads the market share of global Acetaldehyde production, accounting for more than 50% of the total production."
Statistic 5
"The use of acetaldehyde in the production of basic chemicals accounts for 80% of the total demand."
Statistic 6
"In 2019, Eastman Chemical Company was the leading Acetaldehyde producer globally, with a capacity of 250,000 metric tons per year."
Statistic 7
"In India, the acetaldehyde market size is expected to grow at a CAGR of 8% during the forecast period of 2019-2024."
Statistic 8
"The medical and pharmaceutical segment is expected to witness the fastest growth in the acetaldehyde market at a CAGR of 8.5% from 2020 to 2027."
Statistic 9
"The acetaldehyde market in Europe was valued at USD 395 million in 2020."
Statistic 10
"Acetaldehyde has been classified as carcinogenic category 1B under the European Union CLP regulation."
Statistic 11
"The acetaldehyde market's demand in Singapore is expected to grow at a CAGR of 6.2% in the forecast period."
Statistic 12
"The per capita acetaldehyde consumption in Japan is higher than the consumption in the US, EU, and China."
Statistic 13
"The market rate growth of acetaldehyde in Brazil is expected to be 4.5% annually until 2024."
Statistic 14
"In 2021, the North American acetaldehyde market size is predicted to be 6% of the global acetaldehyde market."
Statistic 15
"A study shows that an increase of 10 μg m−3 in the ambient acetaldehyde concentration was associated with a 1.7% increase in total mortality in China."
Statistic 16
"90% of all acetaldehyde produced industrially is used as a precursor to acetic acid."
Jannik Lindner
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Sources
coherentmarketinsights.com
blogs.transparent.com
grandviewresearch.com
mordorintelligence.com
industryarc.com
reportsanddata.com
prnewswire.com
researchandmarkets.com
globenewswire.com
echa.europa.eu
britannica.com
techsciresearch.com
nature.com
fortunebusinessinsights.com
marketresearchstore.com
marketsandmarkets.com