Acetaldehyde is a gaseous chemical compound or transparent organic liquid. At boiling temperature, it easily burns. It has a strong fruity odour. In addition to being naturally occurring, acetaldehyde can also be produced industrially and is found in bread, coffee, cigarette smoke, diesel exhaust, vegetables, gasoline plants, and ripe fruits.
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Due to its numerous uses, acetaldehyde is produced in large amounts in industrial settings every year. Industrial production of it involves using the liver enzyme alcohol dehydrogenase to partially oxidise ethanol.
China, Germany, Sweden, the United States, and France are top producers of acetaldehyde.
Key Details About the Acetaldehyde Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetaldehyde price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Acetaldehyde price Trends, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Acetaldehyde Price Trend:
Acetaldehyde is extensively utilised in the production of polyester, antiseptics, perfumes, resins, pharmaceuticals, acetic acid, dyes, and other goods.
It is also used as a bridge in the synthesis of other chemicals.
Additionally, the tanning, rubber, and paper also employ acetaldehyde as a solvent. It is also used to denaturise alcohol, as a fish and fruit preservative, in fuel formulations, and to harden gelatin. These industrial uses have an effect on the price trend for acetaldehyde.
Key Market Players:
- Celanese
- Merck KGaA
- Sumitomo
- Sekai
- Jubilant Life Sciences
- LCY Chemical
News and Events:
- August 18, 2022: Producer of ethanol Andersons Marathon is required to pay a fine of USD 1.7 million for many Clean Air Act violations. The fine includes four ethanol plants that are situated in Indiana, Ohio, Louisiana, and Michigan. Because it produced more hazardous chemicals than was allowed, including acetaldehyde, methanol, toluene, ammonia, benzene, n-Hexane, formic acid, formaldehyde, acrolein, and ethylbenzene, the company was subject to the fine.
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