Crotonaldehyde Market

Crotonaldehyde Market: Global Industry Analysis and Opportunity Assessment 2015-2025

Aldehydes is a class of organic chemical compounds which are represented by a structural formula R?CHO. Crotonaldehyde, an unsaturated aldehyde, is highly a flammable, colourless to pale yellow liquid synthesized by aldol condensation of acetaldehyde. The chemical exhibits moderate solubility in water whereas it is miscible in organic solvents. Moreover, Crotonaldehyde is a highly reactive and strong reducing agent characterized by a pungent odour and lachrymatory effect. Crotonaldehyde is used majorly used as a raw material for preparation of sorbic acid and crotonic acid. Moreover, its properties render the chemical an effective precursor for numerous fine chemicals. Also, it finds application in preparation of pesticides and surfactants. Some of the other application areas of crotonaldehyde include locating leaks in pipes, leather tanning, as a solvent for polyvinylchloride among the others. The use of crotonaldehyde in variety of aforementioned applications can be attributed to the presence of a double bond and an aldehyde functional group.    

Crotonaldehyde Market: Drivers & Restraints

The global crotonaldehyde market is set to witness a steady growth during the forecast period. The growth of overall global chemicals market is expected to result in growth of global crotonaldehyde market. Moreover, the growing demand from developing countries, especially from those in Asia Pacific is expected to fuel the growth of global crotonaldehyde market. The growing demand for packaged food has resulted in a growth in demand for preservatives such as sorbic acid. Crotonaldehyde is a key raw material in manufacturing sorbic acid, as such, the growing demand for sorbic acid is expected to in turn result in growth of global crotonaldehyde market. On the flipside, the fact that over exposure to crotonaldehyde causes several health hazards, may act as a restraint to growth of global crotonaldehyde market.

Crotonaldehyde Market: Segmentation

On the basis of applications areas, global crotonaldehyde market can be segmented into following key market segments:

  • Precursor to Fine chemical

  • Pharmaceuticals

  • Pesticides

  • Rubber processing

  • Leather tanning

  • Others

Crotonaldehyde Market: Region-wise Outlook

On the basis of geographic regions, global crotonaldehyde market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. The growing demand for crotonaldehyde from developing regions namely Asia Pacific, corresponding growth in end use industries in the region are together expected to result in the Asia Pacific emerging as the fastest growing region based segment of global crotonaldehyde market during the forecast period.

Crotonaldehyde Market: Key Players

Some of the identified major participants of the global Crotonaldehyde market are as follows:  

  • Celanese Corporation

  • Haihang Industry Co., Ltd.

  • Alfa Aesar

  • Nantong Acetic Acid Chemical Co., Ltd.

  • Godavari Biorefineries Ltd

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies and applications.

The report covers exhaustive analysis on:

  • Market Segments

  • Market Dynamics

  • Market Size

  • Supply & Demand

  • Current Trends/Issues/Challenges

  • Competition & Companies involved

  • Technology

  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)

  • Latin America (Mexico. Brazil)

  • Western Europe (Germany, Italy, France, U.K, Spain)

  • Eastern Europe (Poland, Russia)

  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)

  • Japan

  • Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market

  • Changing market dynamics in the industry

  • In-depth market segmentation

  • Historical, current and projected market size in terms of volume and value

  • Recent industry trends and developments

  • Competitive landscape

  • Strategies of key players and products offered

  • Potential and niche segments, geographical regions exhibiting promising growth

  • A neutral perspective on market performance

  • Must-have information for market players to sustain and enhance their market footprint