Global Acetaldehyde Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Process;

Oxidation of Ethylene (Hoechst-Wacker Process), Oxidation of Ethanol, Dehydrogenation of Ethanol, and Others.

By Derivative;

Pyridine & Pyridine Bases, Pentaerythritol, Acetic Acid, Ethyl Acetate, and Others.

By Application;

Chemicals, Plastics & Synthetic Rubber, Food & Beverage, Paints & Coatings, Pharmaceuticals & Cosmetics, Paper & Pulp, Water Treatment, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn485180168 Published Date: May, 2025 Updated Date: June, 2025

Acetaldehyde Market Overview

Acetaldehyde Market (USD Million)

Acetaldehyde Market was valued at USD 1,761.63 million in the year 2024. The size of this market is expected to increase to USD 2,666.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Global Acetaldehyde Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 1,761.63 Million
Market Size (2031)USD 2,666.38 Million
Market ConcentrationMedium
Report Pages334
1,761.63
2024
2,666.38
2031

Major Players

  • Eastman
  • Celanese
  • Merck Kgaa
  • Sumitomo Chemical
  • Showa Denko
  • Ashok Alco - Chem
  • Jubilant Life Sciences
  • LCY Chemical
  • Lonza
  • Sekab

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Acetaldehyde Market

Fragmented - Highly competitive market without dominant players


The Acetaldehyde market is showing strong growth, driven by increasing usage in multiple industrial domains such as chemicals, preservatives, and synthetic materials. With its functional flexibility and expanding applications, the market has seen a growth surge exceeding 6%. Its utility in producing resins, acetic acid, and pyridine derivatives underpins its market strength.

Key Growth Drivers
Growing demand for bio-based and sustainable chemicals has pushed innovation and green production techniques. This evolution in preference has stimulated a 5% rise in demand for eco-friendly acetaldehyde alternatives. Moreover, its consistent application in cosmetics, flavorings, and food industries continues to elevate industrial consumption.

Industrial Applications
The broad use of acetaldehyde in manufacturing dyes, plastics, and rubbers supports a 7% rise in application across these sectors. It also finds relevance in pharmaceutical synthesis, enhancing its strategic industrial importance. These cross-industry linkages further fortify market presence.

Technological Advancements
Recent innovations in catalyst technology and production processes have significantly improved the yield and cost-efficiency of acetaldehyde manufacturing. These developments have delivered a productivity boost of more than 6%, aiding companies in meeting environmental benchmarks while optimizing production.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Process
    2. Market Snapshot, By Derivative
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Acetaldehyde Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand from End-Use Industries
        2. Expansion of Chemical Manufacturing Sector
        3. Rising Demand for Derivatives
      2. Restraints
        1. Regulatory Challenges
        2. Health and Safety Concerns
        3. Fluctuating Raw Material Prices
      3. Opportunities
        1. Expansion of Application Areas
        2. Focus on Sustainable Production Methods
        3. Market Penetration in Emerging Economies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Acetaldehyde Market, By Process, 2021 - 2031 (USD Million)
      1. Oxidation Of Ethylene (Hoechst-Wacker Process)
      2. Oxidation Of Ethanol
      3. Dehydrogenation Of Ethanol
      4. Others
    2. Acetaldehyde Market, By Derivative, 2021 - 2031 (USD Million)
      1. Pyridine & Pyridine Bases
      2. Pentaerythritol
      3. Acetic Acid
      4. Ethyl Acetate
      5. Others
    3. Acetaldehyde Market, By Application, 2021 - 2031 (USD Million)
      1. Chemicals
      2. Plastics & Synthetic Rubber
      3. Food & Beverage
      4. Paints & Coatings
      5. Pharmaceuticals & Cosmetics
      6. Paper & Pulp
      7. Water Treatment
      8. Others
    4. Acetaldehyde Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Eastman
      2. Celanese
      3. Merck Kgaa
      4. Sumitomo Chemical
      5. Showa Denko
      6. Ashok Alco - Chem
      7. Jubilant Life Sciences
      8. LCY Chemical
      9. Lonza
      10. Sekab
  7. Analyst Views
  8. Future Outlook of the Market