Global Butyraldehyde Market: Trends, Analysis and Forecast (2022-208)
Butyraldehyde is a colorless or yellowish liquid with a pungent odor. It is an organic compound with the chemical formula C4H8O. Butyraldehyde is produced through the hydroformylation of propylene, which involves the reaction of propylene with carbon monoxide and hydrogen in the presence of a catalyst. Butyraldehyde is used in the production of various chemicals, such as n-butanol, 2-ethylhexanol, and di-n-butyl phthalate. Market Analysis: The global butyraldehyde marke t is expected to grow at a steady rate during the forecast period (2021-2026). The increasing demand for butyraldehyde in the production of various chemicals, especially n-butanol, is driving the growth of the market. The rising demand for n-butanol in the production of butyl acrylate and glycol ethers is expected to further boost the demand for butyraldehyde. The Asia-Pacific region is the largest market for butyraldehyde, with China being the major producer and consumer of butyraldehyde in the region. The i...