Paraldehyde is the cyclic trimer of acetaldehyde molecules. Formally, it is a derivative of 1,3,5-trioxane. The corresponding tetramer is metaldehyde. A colourless liquid, it is sparingly soluble in water and highly soluble in ethanol. Paraldehyde slowly oxidizes in air, turning brown and producing an odour of acetic acid. It quickly reacts with most plastics and rubber.
In recent years, the average price of global vitamins has been rising (BASF 2014 factory accident, the overall price of vitamin in 2017 rebounded). The price of paraldehyde has also risen in the last two years.
Paraldehyde is mainly used for chemical intermediates. In addition, paraldehyde is also widely used in the dye and rubber industries. In 2016, chemical intermediates, dyes and rubber industry accounted for 91.17%, 3.80% and 1.71% of the consumer share.
At present, the major manufacturers of the global market for vitamin B3 are Lonza, Jubilant Life Sciences, Vertellus and Brother Enterprises. The manufacturing process of Jubilant Life Sciences, Vertellus and Brother Enterprises are different from Lonza. So in this industry, Lonza did not have a significant competitor. Manufacturers outside Lonza have very little production capacity and production. The last two years, vitamin B3 enterprises continue to expand production capacity. In the next few years, vitamin B3 production capacity may be excessive, which will affect the development of paraldehyde.
After decades of development, paraldehyde's market has been very mature. Therefore, the research group does not recommend new enterprises to enter the industry.
The report offers detailed coverage of Paraldehyde industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Paraldehyde by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Paraldehyde market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Paraldehyde market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Lonza
Godavari
Nuote Chemical
Bojing Chemical
Zhaofeng Chemical
At the same time, we classify Paraldehyde according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Pharmaceutical Grade
Industrial Grade
Market by Application
Chemical Intermediates
Textile Industry
Rubber Industry
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Paraldehyde market for the forecast period 2021 - 2025?
• What are the driving forces in the Paraldehyde market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Paraldehyde industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?