Latest News- Butyraldehyde Market: N-butanol is expected to lead the Type segment during 2025-2029

The Butyraldehyde Market is being driven by Increasing demand for paints and coatings in automotive industry

The Butyraldehyde Market is expected to grow at a CAGR of 7.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 104.1 million. Butyraldehyde is an essential organic compound employed as a fragrance intermediate in the global fragrance industry. With a strong, pungent aroma when concentrated, butyraldehyde becomes a valuable ingredient in the creation of various fragrances. As a crucial chemical component, it contributes significantly to the production of essences and perfumes. The fragrance industry's growth is anticipated during the forecast period due to the burgeoning demand from manufacturers of fine fragrances. Consumer trends, including an increasing focus on grooming and lifestyles, are primary drivers fueling industry expansion. Butyraldehyde is sourced from various natural elements, including flowers, leaves, fruits, grass, dairy products, and alcohol. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • N-butanol
  • 2-ethylhexanol
  • Polyvinyl butyral
  • Others
• Application
  • Chemical intermediate
  • Rubber accelerator
  • Synthetic resins
  • Others
• End-user
  • Paints and coatings
  • Pharmaceuticals
  • Agrochemicals
  • Polymers
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for paints and coatings in automotive industry
• Growing synthetic resins industry
• Rising construction and infrastructural activities

However, the market also witnesses some limitations, which are as follows:

• Health issues associated with high exposure to butyraldehyde
• Environmental threats associated with butyraldehyde
• Increasing price of propylene

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Market Scope in Butyraldehyde Market Research Report

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Research Analysis Overview

Butyraldehyde, a colorless liquid with a pungent smell, is a significant chemical intermediate in various industries. It is extensively used in the automotive sector for producing polyvinyl butyral, which is essential for safety glass applications. In agriculture, butyraldehyde finds use as a pesticide. The chemical engineering industry utilizes it in the oxo process for producing butanal from propylene, carbon monoxide, and hydrogen, using a rhodium catalyst. Butyraldehyde is also used as a plasticizer in the plastics industry, a rubber accelerator, and a solvent in paints and coatings. The construction sector employs it in the production of N-Butanol, which is in high demand. Organic synthesis also utilizes butyraldehyde for the production of polyvinyl butylal and other chemical intermediates.

Market Research Overview

The Butyraldehyde market is a significant segment of the global commodity chemicals industry, which encompasses businesses primarily engaged in the production of industrial and basic chemicals, such as polyvinyl butyral, used in safety glass applications, agricultural pesticides, bio-based production, and chemical engineering catalysis. According to Technavio, the commodity chemicals market size is determined by the combined revenue generated by manufacturers of these chemicals. Key growth drivers for this market include the increasing demand for plastic packaging, with plastic being the most widely used material in this sector due to its lightweight and corrosion-resistant properties, leading to continuous innovation and evolution in the market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/