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Crotonaldehyde Market

Crotonaldehyde Market report segments global market on the basis of end-use industry, and geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026
Crotonaldehyde Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis,
Crotonaldehyde appears as a clear, colorless to pale yellow liquid with a strong and
suffocating odor. It is also known as 2-Butenal and 3-Methylacrolein. At room
temperature it is extremely flammable and produces toxic vapors. Crotonaldehyde
can be found naturally in emissions of specific vegetation and volcanoes and also
many in foods in small amounts. Commercially crotonaldehyde is produced by aldol
condensation from acetaldehyde. It has poor solubility in water. But it is easily
soluble in organic solvents including alcohols and ether. Crotonaldehyde is mostly
used in the manufacture of crotonic acid and sorbic acid by oxidation.
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Crotonaldehyde is an excellent solvent for numerous mineral and vegetable oils,
waxes, fats, natural and synthetic resins and for elementary sulphur. It is also used
to detect gas leaks in pipes. Owing to solid bond within C-4 chain and bi-functional
group of aldehyde, crotonaldehyde is effectually used as a starting product in many
organic reactions and synthesis.
Crotonaldehyde is majorly used as a precursor to fine chemicals. Crotonaldehyde is
also used in the production of quinaldines, thiophenes, pharmaceuticals, pyridines,
dyes and pesticides. Crotonaldehyde has application in the production of crotonic
acid and is used as a flow-promoting agent and comonomer for alkyd resins.
Crotonaldehyde is used as a warming agent in fuel gases and in organic synthesis
as a solvent. In the agricultural industry, it is used for crop protection and when
reacted with urea forms crotonylidene ureas— a slow-release fertilizer.
Crotonaldehyde Market Outlook – Rising Demand in Chemicals and allied
Industries to be the Major Market Driver
Asia Pacific and North America are expected to be the most potential markets for
crotonaldehyde manufacturers. According to IBEF, the Indian leather industry holds
a major share of around 12.93 per cent of the total world’s leather production of
hides/skins. During April 2016-January 2017 leather and leather goods worth US$
4.72 billion were exported from India. The estimated size of Indian chemicals sector
stands at approximately US$ 139 billion. India is the seventh largest producer of
chemicals in the world worldwide and third largest producer in Asia. In 2015-2016
the total production of the major chemicals including petrochemicals was 23.9 million
tons. The Indian chemicals industry has attracted various foreign investors such as
Akzo Nobel, BASF, ADEKA, Mitsubishi Chemicals Corporation, Syngenta, DuPont,
Henkel, Croda, Wacker Metroark, DyStar, and Rhodla. India Brand Equity
Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry,
Department of Commerce in collaboration with the Government of India with the
purpose of promoting and creating international awareness of goods manufactured
in India.
Wide array of applications in the chemicals and pharmaceutical industry is fueling
the growth of crotonaldehyde market, especially in Asia Pacific and Middle East
regions. Product innovation and expansion in various geographies is a key strategy
adopted by the major players in the crotonaldehyde market. In June 2017,
announced a Clenases Corporation announced a joint venture (JV) between
Celanese’s Cellulose Derivatives and Blackstone’s Rhodia Acetow businesses. This
was intended for the creation of a global acetate tow supplier coupled with improved
service to customers and more opportunities for productivity and innovation.
Celanese and Blackstone will own 70% and 30% of the Joint venture, respectively.
Some of the major companies operating in the global crotonaldehyde market include
Finetech Industry Limited, Alfa Aesar, Sigma-Aldrich, GODAVARI BIOREFINERIES
LTD., Tokyo Chemical Industry, Nantong Acetic Acid Chemical Co., Ltd., Ambinter,
abcr GmbH, Celanese Corporation, Chemhere, Amadis Chemicals, MolCore,
Haihang Industry Co., Ltd. and Vitas-M Laboratory.
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