Acetaldehyde Prices and Forecasts | Provided by Procurement Resource

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Acetaldehyde is a transparent organic liquid or gas chemical compound that easily burns as it boils at room temperature. It has a strong fruity odour. Acetaldehyde can be artificially made and is naturally present in bread, coffee, cigarette smoke, diesel exhaust, vegetables, gasoline plants, and ripe fruits.

Acetaldehyde is produced industrially in vast quantities each year due to its many uses. It can be produced industrially by partially oxidising ethanol with the help of the liver enzyme alcohol dehydrogenase.

The top nations generating acetaldehyde globally are China, Germany, Sweden, the United States, and France.

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, wheat price, tin price, etc. 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 trend, 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 widely used in the manufacture of flavouring agents, polyester, antiseptics, fragrances, resins, medicines, acetic acid, dyes, and other products. It is mostly utilised as an intermediary in the production of other compounds.

Acetaldehyde is also used as a solvent in the tanning, rubber, and paper industries. Additionally, it is utilised as a denaturant for alcohol, a preservative for fish and fruit, in fuel formulations, and to harden gelatin. The price trend for acetaldehyde is impacted by these industrial uses.

Key Market Players:

• Celanese
• Merck KGaA
• Sumitomo
• Sekai
• Jubilant Life Sciences
• LCY Chemical

News and Events:

• August 18, 2022: A USD 1.7 million penalty for multiple Clean Air Act violations is due from ethanol producer Andersons Marathon. Four ethanol plants located in Indiana, Ohio, Louisiana, and Michigan are among those subject to the fine. The company was subject to the fine because it produced more dangerous chemicals than was permitted, including acetaldehyde, methanol, toluene, ammonia, benzene, n-Hexane, formic acid, formaldehyde, acrolein, and ethylbenzene.

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