Global Paraldehyde Market Size Estimated to Observe Significant Growth by 2026

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.

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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 does not recommend new enterprises to enter the industry.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Paraldehyde 3900 market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Paraldehyde 3900 industry.
Based on our recent survey, we have several different scenarios about the Paraldehyde 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 127.9 million in 2019. The market size of Paraldehyde 3900 will reach xx in 2026, with a CAGR of 3.8% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Paraldehyde market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Paraldehyde market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global Paraldehyde market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Sales and Pricing Analyses:

  • Readers are provided with deeper sales analysis and pricing analysis for the global Paraldehyde market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.
  • In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.

Regional and Country-level Analysis:

  • The report offers an exhaustive geographical analysis of the global Paraldehyde market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
  • The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.

Competition Analysis:

  • In the competitive analysis section of the report, leading as well as prominent players of the global Paraldehyde market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
  • On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Paraldehyde market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Paraldehyde market.

The following manufacturers are covered in this report:

  • Lonza
  • Godavari
  • Nuote Chemical
  • Bojing Chemical
  • Zhaofeng Chemical

Paraldehyde Breakdown Data by Type:

  • Pharmaceutical Grade
  • Industrial Grade

Paraldehyde Breakdown Data by Application:

  • Chemical Intermediates
  • Textile Industry
  • Rubber Industry
  • Others

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