The butyraldehyde market has been hampered by COVID-19

 Market Overview

During the forecast period, the Butyraldehyde market is expected to grow at a CAGR of more than 5%. (2021-2026).

The butyraldehyde market has been harmed by COVID-19. Manufacturing activities were paused due to supply chain disruptions and labor shortages, or as a precautionary measure to prevent the spread of a virus, influencing the market negatively.


.Various end-user industries, such as agrochemicals and paints and coatings, have had substantial challenges as a result of the COVID-19 epidemic, including the consequences of statewide lockdown and corporations shifting their sourcing away from China, which has had a short-term impact on the market. Because butyraldehyde is employed as an intermediary in the production of coatings, the demand for butyraldehyde has decreased. However, with the increase in lockdown and restarted operations in several end-user businesses, market growth is likely to revive in 2021.

The market's long-term expansion has been fueled by increased application in the paints and coatings sector.

  • However, the health risk, as well as environmental hazards from direct contact with butyraldehyde and coronavirus outbreaks around the world, are likely to stymie the market's expansion.
  • Over the next five years, the expanding use of butyraldehyde in the pharmaceutical and agrochemical industries is projected to generate opportunities for the butyraldehyde market.
  • N-Butanol is the most widely used product in the market.
  • Asia-Pacific led the global market, with China and India accounting for the majority of consumption.

  • Key Market Trends

    N-Butanol to Dominate the Market

    • Due to widespread demand from paints and coatings applications in a variety of end-user sectors, N-Butanol is expected to be the leading category.
    • N-butanol is a component in the synthesis of acrylates, which are then used to make paints & coatings, adhesives, textiles, and other products.
    • Increasing demand for such items from various end-user sectors is projected to result in demand pulling from all stages of the value chain, resulting in market growth being evaluated.
    • Paint and coatings production is rapidly rising on the global market due to demand from building and industrial coating applications..
    • The worldwide construction sector is expected to reach USD 8 trillion by 2030, according to the Institution of Civil Engineers (ICE).
    • According to the World Paint and Coatings Industry Association, worldwide paint and coatings sales would be around USD 167.6 billion in 2020. Until 2026, the Paints and Coatings industry is expected to grow at a CAGR of over 3%.
    • Demand for adhesives is also increasing, owing to increased building and infrastructure operations, as well as an increase in the demand for furniture.
    • During the forecast period, all of the aforementioned reasons are projected to boost the butyraldehyde market.

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