The butyraldehyde market is predicted to increase at a CAGR of more than 6% between 2022 and 2032. The market is estimated to be worth US$ 200 million in 2022, rising to US$ 360 million by 2025.
COVID-19 has affected the butyraldehyde market. Manufacturing activities were paused as a preventative measure to prevent viral transmission, significantly harming the market.
Various end-user industries, such as agrochemicals and paints and coatings, faced significant challenges as a result of the COVID-19 epidemic, including the implications of a statewide lockdown and corporations transferring their sourcing away from China, which impacted the market in the short term. Butyraldehyde is used as an intermediary in the creation of coatings; however, as coating production has declined, so has demand for butyraldehyde.
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Important Questions Answered in the Butyraldehyde Market Report
- How will the Butyraldehyde market expand through 2032?
- Which region is the most lucrative in the Butyraldehyde market?
- What are the recent technological developments in the Butyraldehyde market?
- What are key challenges and competition threats faced by Butyraldehyde market players?
- Who are prominent players leading the Butyraldehyde market?
Butyraldehyde Market: Key Segmentation
Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.
By Product Type:
- N-Butanol
- 2-Ethylhexanol
- Polyvinyl Buthyral
- Others
By Application:
- Paints and Coatings
- Pharmaceuticals
- Agrochemicals
- Polymers
- Others
Butyraldehyde Market: Competitive Evaluation
The FMI’s Butyraldehyde market report provides a comprehensive analysis on key players operating in the Butyraldehyde market. Some of the key players are:
Some of the major companies are Mitsubishi Chemical Corporation, Tokyo Chemical Industry Co., Ltd., KH Neochem Co., Ltd, Eastman Chemical Company, and BASF SE amongst others.
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Why Buy FMI’s Report?
- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Butyraldehyde market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Butyraldehyde market
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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