The butyraldehyde market is projected to grow from USD 5.49 billion in 2025 to USD 6.96 billion by 2030, at a CAGR of 4.8% during the forecast period. The key drivers of the butyraldehyde market are increasing demand for plasticizers, growth of the coatings & resin industry, and expansion in the rubber and automotive sectors. Companies like BASF (Germany), Mitsubishi Chemical Group Corporation (Japan), SABIC (Saudi Arabia), Eastman Chemical Company (US), KH Neochem Co., Ltd. (Japan), Perstorp (Sweden), OXEA GmbH (Germany), Grupa Azoty (Poland), LG Chem (South Korea), and Aurochemicals (US) are strategically working on innovations, forming partnerships, and expanding globally to meet the rising demand driven by regulations favoring eco-friendly materials. The major players—BASF, SABIC, Mitsubishi Chemical Group Corporation, OXEA GmbH, and Eastman Chemical Company—are meeting the demand for advanced chemical intermediates and enhancing their supply chains. Collaborating with Original Equipment Manufacturers (OEMs) and Tier-1 suppliers helps develop solutions tailored to specific customer needs, and expanding into key locations near automotive hubs ensures faster delivery and better support.
The major players active in the butyraldehyde market are based in North America, Europe, the Middle East & Africa, and Asia Pacific. BASF (Germany), Mitsubishi Chemical Group Corporation (Japan), SABIC (Saudi Arabia), Eastman Chemical Company (US), KH Neochem Co., Ltd. (Japan), Perstorp (Sweden), OXEA GmbH (Germany), Grupa Azoty (Poland), LG Chem (South Korea), and Aurochemicals (US) are among the leading companies operating in the butyraldehyde market. Significant focus has been on developing cost-effective manufacturing technologies in the butyraldehyde market to meet changing global demands. Key players have adopted various growth strategies to strengthen their market positions. These strategies include deals, mergers and acquisitions, and investments & expansions, all aimed at increasing their presence in the butyraldehyde market.
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BASF (Germany)
BASF offers butyraldehyde for various end-use industries and applications. It is used in industries such as pharmaceuticals, automotive, and paints & coatings. BASF has manufacturing facilities, sales offices, and research & development centers worldwide. The company operates through a strong network of 234 manufacturing facilities strategically located in Europe, Asia-Pacific, North America, and other regions. This extensive presence allows for efficient production and supply chain operations to meet diverse customer needs worldwide.
Sabic (Saudi Arabia)
SABIC has established itself as a global leader in the chemical industry, with a strong focus on butyraldehyde derivatives like butanol, which are key components of its OXO alcohols and performance monomers portfolio. The company’s decisions demonstrate a commitment to sustainability and innovation, exemplified by its introduction of certified low-carbon products in 2024, including methanol produced from butyraldehyde processes, which supports applications such as laminate flooring and acrylic sheets. SABIC’s past accomplishments include building a robust global footprint through strategic partnerships like the joint venture with Saudi Aramco, enhancing its role in the petrochemical sector by expanding propylene oxide and polyols derived from butyraldehyde. SABIC plans to introduce low-carbon glycols and increase its methanol production capacity.
Eastman Chemical Company (US)
Eastman Chemical Company is a leading global specialty materials manufacturer with a strong legacy and a focus on delivering innovative products that improve quality of life. The company operates through four main business segments: Advanced Materials, Additives & Functional Products, Chemical Intermediates, and Fibers. Butyraldehyde production and related derivatives are part of the Chemical Intermediates segment, which is central to Eastman’s diverse portfolio. A commitment to innovation, safety, and sustainability drives Eastman’s butyraldehyde business. The company works closely with global partners to tackle challenges such as climate change and the worldwide waste crisis while maintaining a zero-incident safety and compliance culture. Eastman has a strong global presence in the butyraldehyde market, providing high-quality products and derivatives to customers in over 100 countries. It has built a resilient and extensive supply network with 36 manufacturing facilities and joint ventures in 12 countries. Eastman’s dedication to sustainable innovation, operational excellence, and customer-focused solutions allows it to support a wide range of high-value applications across industries, reinforcing its role as a leading and dependable player in the global butyraldehyde market.
BUTYRALDEHYDE MARKET: COMPANY EVALUATION MATRIX
In the context of butyraldehyde market, the company evaluation matrix categorizes companies based on their product offerings, developments, and business strategies. This classification helps assess a company’s market position and its potential for future growth. The matrix typically divides companies into four categories: Stars, Pervasive Players, Participants, and Emerging Leaders. Stars lead through innovation and scale, Pervasive Players maintain strong market positions but with less aggressive growth, Participants focus on niches and have slower growth, and Emerging Leaders are rising stars with the potential to disrupt the industry. BASF, a global leader in the field of chemicals and materials, is undeniably a star player in the butyraldehyde market. With a long history of innovation, a strong presence in the market, and a focus on new technologies, it has become one of the leading manufacturers of butyraldehyde.
BUTYRALDEHYDE MARKET: RANKING ANALYSIS
The ranking of companies in the butyraldehyde market is based on several key factors that reflect their market position, capabilities, and overall contribution to the industry. The top 5 players in the butyraldehyde market have been identified based on their revenue, market share, product offerings, production capacity, innovation, technological advancements, geographical presence, strategic partnerships, financial performance, and sustainability efforts. These key players continue to lead the butyraldehyde market by maintaining a competitive edge and delivering high-quality butyraldehyde to various applications. Major players operating in the market include BASF (Germany), Mitsubishi Chemical Group Corporation (Japan), SABIC (Saudi Arabia), Eastman Chemical Company (US), KH Neochem Co., Ltd. (Japan), Perstorp (Sweden), OXEA GmbH (Germany), Grupa Azoty (Poland), LG Chem (South Korea), and Aurochemicals (US).
Related Reports:
Butyraldehyde Market by Product Type (N-Butyraldehyde, Isobutyraldehyde), Application (Chemical Intermediates, Rubber Accelerators, Synthetic Resins, Plasticizers, Other Applications), End-use Industry (Automotive, Construction, Medical, Agriculture, Food & Beverage, Cosmetics, Other End-use Industries), and Region - Global Forecast to 2030
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