The market concentration of acetaldehyde industry is high and the prosperity will increase in the future.

Acetaldehyde is an important raw material for the production of organic chemical products. It can be used to prepare pentaerythritol, pyridine and its derivatives, acetic acid, acetic anhydride, n-butanol, 2-ethylhexanol, trichloroacetaldehyde and other products, and is ultimately used in medicine. , pesticides, food, rubber and plastics, textiles, coatings and other fields.

China, Europe, the United States, Japan, India and other regions are the world’s major acetaldehyde production and consumption areas. The representative acetaldehyde company in the United States is Eastman, and the representative acetaldehyde company in Europe is Celanese. Japan is also an important producer and consumer of acetaldehyde in the world. Representative acetaldehyde production companies include Showa Denko, Sumitomo Chemical, etc. India is a country with rapid development in the global acetaldehyde market. In particular, the increase in pyridine production capacity has driven the rise in acetaldehyde consumption in India, which in turn has driven the development of the acetaldehyde industry in India. Relying on its advantages of cheap labor, complete industrial chain and huge market, China has become the world’s largest acetaldehyde production base and consumer.

According to the “2022-2026 Acetaldehyde Industry Market In-depth Research and Investment Prospect Forecast Analysis Report” released by the Industrial Research Center, domestic The more representative acetaldehyde production companies include Hubei Yihua Chemical Co., Ltd., Jinyimeng Group Co., Ltd., PetroChina Jilin Petrochemical Branch, Shandong Hongda Biotechnology Co., Ltd., and China Overseas Pioneer Chemical (Taixing) Co., Ltd. Companies, etc., these enterprises have large planned production capacity and have achieved high market share by virtue of their advantages in technology, products, channels, and brands.

From the perspective of the industry itself, the development of the acetaldehyde industry has benefited from policy encouragement and the improvement of downstream industry prosperity. In the short term, the overall demand for acetaldehyde will grow but at a slow pace, and the market performance will be average; but in the long term, with China’s emphasis on food safety and the development of new medicines, pesticides, spices, etc., pentaerythritol and pyridine downstream of acetaldehyde will The development potential in fields such as its derivatives and crotonaldehyde is expected to be gradually released, which will benefit the expansion of the market size of China’s acetaldehyde industry. In addition, with the advancement of “carbon peak” and “carbon neutrality”, the chemical industry will continue to pay more attention to energy conservation and environmental protection. Coupled with the advancement of domestic acetaldehyde-related technologies, the acetaldehyde production process may continue to be optimized. Product quality will also be further improved, driving the continuous enhancement of the comprehensive competitiveness of the acetaldehyde industry.

Industrial researchers believe that in the future, driven by policies and the market, the prosperity of China’s acetaldehyde industry may increase, and among enterprises The competition will gradually enter into comprehensive competition in terms of brand, marketing, service, scale and other aspects.