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Report
Butyraldehyde - Company Evaluation Report, 2025
Market Report I 2025-08-01 I 93 Pages I MarketsandMarkets
The Butyraldehyde Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Butyraldehyde. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 100 companies, of which the Top 10 Butyraldehyde Companies were categorized and recognized as quadrant leaders.
Butyraldehyde is an important industrial chemical that exists in two main isomeric forms: n-butyraldehyde and iso-butyraldehyde. Both are clear, flammable liquids with a strong, pungent odor, and are typically produced through the hydroformylation of propylene. N-butyraldehyde holds the largest share of the global market due to its widespread use in various downstream chemical applications. On the other hand, iso-butyraldehyde, although manufactured in smaller quantities, serves more specialized purposes and is experiencing steady growth due to its use in specific chemical synthesis processes.
Butyraldehyde, also referred to as butanal, is a straight-chain aliphatic aldehyde with the chemical formula CH?(CH?)?CHO. It appears as a colorless, flammable liquid with a sharp, pungent smell. It is moderately soluble in water and readily miscible with most organic solvents. Industrially, it is produced in large volumes via the hydroformylation of propylene, typically using rhodium-based catalysts. Butyraldehyde is highly valued for its chemical flexibility-it can be hydrogenated to form n-butanol, oxidized to produce butyric acid, or condensed to yield 2-ethylhexenal. These transformations lead to the creation of key intermediates such as bis(2-ethylhexyl) phthalate, which is widely used in the production of solvents, plasticizers, resins, rubber accelerators, pharmaceuticals, and fragrances.
The 360 Quadrant maps the Butyraldehyde companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Butyraldehyde quadrant. The top criteria for product footprint evaluation included By PRODUCT TYPE (N-butyraldehyde, Isobutyraldehyde), By END-USE INDUSTRY (Automotive, Construction, Medical, Agriculture, Food & Beverage, Cosmetics, Other End-use Industries), and By APPLICATION (Chemical Intermediates, Rubber Accelerators, Synthetic Resins, Plasticizers, Other Applications).
Key players in the Butyraldehyde market include major global corporations and specialized innovators such as BASF, Mitsubishi Chemical Group Corporation, SABIC, Eastman Chemical Company, OXEA GmbH, Aurochemicals, KH NeoChem Co., Ltd., Perstorp, Grupa Azoty, and LG Chem. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.
Top 3 Companies
BASF SE
BASF SE is a global leader in the chemical industry, renowned for its expansive and diversified product portfolio. Within its Materials and Surface Technologies, BASF serves various industries using its comprehensive butyraldehyde solutions. These solutions cater to a wide range of end-use sectors such as plasticizers, resins, and coatings. Recognized for its proprietary oxo process, BASF's strategic location of its production facilities ensures efficiency in manufacturing and distribution across the globe. The company's commitment to environmental sustainability and innovation ensures its long-term leadership in the market.
Mitsubishi Chemical Group Corporation
Mitsubishi Chemical Group Corporation stands out with its diversified chemicals portfolio that includes butyraldehyde. As a key player in the market, the company focuses on creating sophisticated solutions for various industrial applications, such as plasticizers and specialty chemicals. Mitsubishi's global reach is augmented by its strategic investments in infrastructure and technology, which enhances its competitive edge. The company's strategic choices are centered on expanding production capacities while ensuring high-quality standards.
SABIC
SABIC is a significant player in the production of butyraldehyde, known for its robust market presence and diversified product offerings. The company is highly integrated, ensuring efficient supply chain operations across its various business segments. Its product portfolio includes essential intermediates used in multiple industrial applications, enhancing its market share. SABIC's strategic initiatives include global expansions and collaborations that reinforce its standing as a leader in the chemical industry.
1 INTRODUCTION 10
1.1 MARKET DEFINITION 10
1.2 INCLUSIONS AND EXCLUSIONS 10
1.3 STAKEHOLDERS 10
2 EXECUTIVE SUMMARY 11
3 MARKET OVERVIEW 14
3.1 INTRODUCTION 14
3.2 MARKET DYNAMICS 14
3.2.1 DRIVERS 15
3.2.1.1 Increasing demand from construction industry 15
3.2.1.2 Rising use in automotive industry 15
3.2.2 RESTRAINTS 16
3.2.2.1 Volatile raw material prices 16
3.2.2.2 Stringent environmental regulations 16
3.2.3 OPPORTUNITIES 16
3.2.3.1 Expansion of emerging economies 16
3.2.3.2 Shift toward sustainable production methods 17
3.2.4 CHALLENGES 17
3.2.4.1 Supply chain disruptions 17
3.2.4.2 Competition from alternative chemicals 18
3.3 PORTER'S FIVE FORCES ANALYSIS 18
3.3.1 THREAT OF NEW ENTRANTS 19
3.3.2 THREAT OF SUBSTITUTES 19
3.3.3 BARGAINING POWER OF BUYERS 19
3.3.4 BARGAINING POWER OF SUPPLIERS 20
3.3.5 INTENSITY OF COMPETITIVE RIVALRY 20
3.4 VALUE CHAIN ANALYSIS 20
3.5 ECOSYSTEM ANALYSIS 22
3.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 25
3.7 KEY CONFERENCES AND EVENTS, 2025-2026 26
3.8 PATENT ANALYSIS 27
3.8.1 APPROACH 27
3.8.2 DOCUMENT TYPES 27
3.8.3 PATENT PUBLICATION TRENDS 28
3.8.4 INSIGHTS 28
3.8.5 LEGAL STATUS OF PATENTS 28
3.8.6 JURISDICTION ANALYSIS 29
3.8.7 TOP COMPANIES/APPLICANTS 29
3.8.8 US: TOP 10 PATENT OWNERS IN LAST 11 YEARS 30
4 COMPETITIVE LANDSCAPE 31
4.1 OVERVIEW 31
4.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 31
4.3 REVENUE ANALYSIS 32
4.4 MARKET SHARE ANALYSIS 32
4.5 COMPANY VALUATION AND FINANCIAL METRICS 35
4.6 BRAND/PRODUCT COMPARISON ANALYSIS 36
4.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 38
4.7.1 STARS 38
4.7.2 EMERGING LEADERS 38
4.7.3 PERVASIVE PLAYERS 38
4.7.4 PARTICIPANTS 38
4.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 40
4.7.5.1 Company footprint 40
4.7.5.2 Product type footprint 41
4.7.5.3 Application footprint 41
4.7.5.4 End-use industry footprint 42
4.7.5.5 Region footprint 42
4.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 43
4.8.1 PROGRESSIVE COMPANIES 43
4.8.2 RESPONSIVE COMPANIES 43
4.8.3 DYNAMIC COMPANIES 43
4.8.4 STARTING BLOCKS 43
4.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2024 45
4.8.5.1 Detailed list of key startups/SMEs 45
4.8.5.2 Competitive benchmarking of key startups/SMEs 46
4.9 COMPETITIVE SCENARIO 48
4.9.1 EXPANSIONS 48
5 COMPANY PROFILES 49
5.1 KEY PLAYERS 49
5.1.1 BASF 49
5.1.1.1 Business overview 49
5.1.1.2 Products/Solutions/Services offered 50
5.1.1.3 MnM view 51
5.1.1.3.1 Key strengths/Right to win 51
5.1.1.3.2 Strategic choices 51
5.1.1.3.3 Weaknesses/Competitive threats 51
?
5.1.2 MITSUBISHI CHEMICAL GROUP CORPORATION 52
5.1.2.1 Business overview 52
5.1.2.2 Products/Solutions/Services offered 53
5.1.2.3 MnM view 53
5.1.2.3.1 Key strengths/Right to win 53
5.1.2.3.2 Strategic choices 53
5.1.2.3.3 Weaknesses/Competitive threats 53
5.1.3 SABIC 54
5.1.3.1 Business overview 54
5.1.3.2 Products/Solutions/Services offered 55
5.1.3.3 MnM view 56
5.1.3.3.1 Key strengths/Right to win 56
5.1.3.3.2 Strategic choices 56
5.1.3.3.3 Weaknesses/Competitive threats 56
5.1.4 EASTMAN CHEMICAL COMPANY 57
5.1.4.1 Business overview 57
5.1.4.2 Products/Solutions/Services offered 58
5.1.4.3 MnM view 59
5.1.4.3.1 Key strengths/Right to win 59
5.1.4.3.2 Strategic choices 59
5.1.4.3.3 Weaknesses/Competitive threats 59
5.1.5 KH NEOCHEM CO., LTD. 60
5.1.5.1 Business overview 60
5.1.5.2 Products/Solutions/Services offered 61
5.1.5.3 MnM view 61
5.1.5.3.1 Key strengths/Right to win 61
5.1.5.3.2 Strategic choices 61
5.1.5.3.3 Weaknesses/Competitive threats 61
5.1.6 PERSTORP 62
5.1.6.1 Business overview 62
5.1.6.2 Products/Solutions/Services offered 62
5.1.6.3 Recent developments 63
5.1.6.3.1 Expansions 63
5.1.6.4 MnM view 63
5.1.7 OXEA GMBH 64
5.1.7.1 Business overview 64
5.1.7.2 Products/Solutions/Services offered 64
5.1.7.3 MnM view 65
5.1.8 GRUPA AZOTY 66
5.1.8.1 Business overview 66
5.1.8.2 Products/Solutions/Services offered 67
5.1.8.3 MnM view 67
5.1.9 LG CHEM 68
5.1.9.1 Business overview 68
5.1.9.2 Products/Solutions/Services offered 69
5.1.9.3 MnM view 69
5.1.10 AUROCHEMICALS 70
5.1.10.1 Business overview 70
5.1.10.2 Products/Solutions/Services offered 70
5.1.10.3 MnM view 71
5.2 OTHER PLAYERS 72
5.2.1 FORMOSA PLASTICS GROUP 72
5.2.2 ALPHA CHEMIKA 73
5.2.3 THE ANDHRA PETROCHEMICALS LIMITED 74
5.2.4 SUMITOMO SEIKA CHEMICALS CO., LTD. 75
5.2.5 HANGZHOU BETTER CHEMTECH LTD. 76
5.2.6 JIANGSU HUACHANG CHEMICAL CO., LTD. 77
5.2.7 CHEMICEA LIMITED 78
5.2.8 OMAN CHEMICAL 79
5.2.9 LOBACHEMIE PVT. LTD. 80
5.2.10 NINGBO INNO PHARMCHEM CO., LTD. 81
5.2.11 ADVENT 82
5.2.12 VICKERS LABORATORIES LIMITED 83
5.2.13 GLENTHAM LIFE SCIENCES LIMITED 84
5.2.14 SHANDONG HUALU HENGSHENG GROUP CO., LTD 85
5.2.15 MUBY CHEM PRIVATE LIMITED 86
6 APPENDIX 87
6.1 RESEARCH METHODOLOGY 87
6.1.1 RESEARCH DATA 87
6.1.1.1 Secondary data 88
6.1.1.2 Primary data 88
6.1.2 RESEARCH ASSUMPTIONS 89
6.1.3 RESEARCH LIMITATIONS AND RISK ASSESSMENT 90
6.2 COMPANY EVALUATION MATRIX: METHODOLOGY 90
6.3 AUTHOR DETAILS 93
TABLE 1 AUTOMOBILE PRODUCTION, BY KEY COUNTRY, 2022-2024 (UNITS) 15
TABLE 2 BUTYRALDEHYDE MARKET: PORTER'S FIVE FORCES ANALYSIS 19
TABLE 3 ROLES OF COMPANIES IN BUTYRALDEHYDE ECOSYSTEM 23
TABLE 4 BUTYRALDEHYDE MARKET: MANUFACTURERS/SUPPLIERS, BY REGION 23
TABLE 5 BUTYRALDEHYDE MARKET: MANUFACTURERS/SUPPLIERS
EXPORTING TO US/EUROPE 24
TABLE 6 BUTYRALDEHYDEMARKET: LIST OF KEY CONFERENCES AND EVENTS, 2025-2026 26
TABLE 7 TOTAL PATENT COUNT, 2014-2024 27
TABLE 8 US: TOP 10 PATENT OWNERS, 2014-2024 30
TABLE 9 BUTYRALDEHYDE MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2021-APRIL 2025 31
TABLE 10 BUTYRALDEHYDE MARKET: DEGREE OF COMPETITION, 2024 33
TABLE 11 BUTYRALDEHYDE MARKET: PRODUCT TYPE FOOTPRINT 41
TABLE 12 BUTYRALDEHYDE MARKET: APPLICATION FOOTPRINT 41
TABLE 13 BUTYRALDEHYDE MARKET: END-USE INDUSTRY FOOTPRINT 42
TABLE 14 BUTYRALDEHYDE MARKET: REGION FOOTPRINT 42
TABLE 15 BUTYRALDEHYDE MARKET: DETAILED LIST OF KEY STARTUPS/SMES 45
TABLE 16 BUTYRALDEHYDE MARKET: COMPETITIVE BENCHMARKING OF
STARTUPS/SMES (1/2) 46
TABLE 17 BUTYRALDEHYDE MARKET: COMPETITIVE BENCHMARKING OF
STARTUPS/SMES (2/2) 47
TABLE 18 BUTYRALDEHYDE MARKET: EXPANSIONS, JANUARY 2021-JUNE 2025 48
TABLE 19 BASF: COMPANY OVERVIEW 49
TABLE 20 BASF: PRODUCTS/SOLUTIONS/SERVICES OFFERED 50
TABLE 21 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW 52
TABLE 22 MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 53
TABLE 23 SABIC: COMPANY OVERVIEW 54
TABLE 24 SABIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 55
TABLE 25 EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW 57
TABLE 26 EASTMAN CHEMICAL COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 58
TABLE 27 KH NEOCHEM CO., LTD.: COMPANY OVERVIEW 60
TABLE 28 KH NEOCHEM CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 61
TABLE 29 PERSTORP: COMPANY OVERVIEW 62
TABLE 30 PERSTORP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 62
TABLE 31 PERSTORP: EXPANSIONS 63
TABLE 32 OXEA GMBH: COMPANY OVERVIEW 64
TABLE 33 OXEA GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 64
TABLE 34 GRUPA AZOTY: COMPANY OVERVIEW 66
TABLE 35 GRUPA AZOTY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 67
TABLE 36 LG CHEM: COMPANY OVERVIEW 68
TABLE 37 LG CHEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 69
TABLE 38 AUROCHEMICALS: COMPANY OVERVIEW 70
TABLE 39 AUROCHEMICALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 70
TABLE 40 FORMOSA PLASTICS GROUP: COMPANY OVERVIEW 72
TABLE 41 ALPHA CHEMIKA: COMPANY OVERVIEW 73
TABLE 42 THE ANDHRA PETROCHEMICALS LIMITED: COMPANY OVERVIEW 74
TABLE 43 SUMITOMO SEIKA CHEMICALS CO., LTD.: COMPANY OVERVIEW 75
TABLE 44 HANGZHOU BETTER CHEMTECH LTD.: COMPANY OVERVIEW 76
TABLE 45 JIANGSU HUACHANG CHEMICAL CO., LTD.: COMPANY OVERVIEW 77
TABLE 46 CHEMICEA LIMITED: COMPANY OVERVIEW 78
TABLE 47 OMAN CHEMICAL: COMPANY OVERVIEW 79
TABLE 48 LOBACHEMIE PVT. LTD.: COMPANY OVERVIEW 80
TABLE 49 NINGBO INNO PHARMCHEM CO., LTD.: COMPANY OVERVIEW 81
TABLE 50 ADVENT: COMPANY OVERVIEW 82
TABLE 51 VICKERS LABORATORIES LIMITED: COMPANY OVERVIEW 83
TABLE 52 GLENTHAM LIFE SCIENCES LIMITED: COMPANY OVERVIEW 84
TABLE 53 SHANDONG HUALU HENGSHENG GROUP CO., LTD: COMPANY OVERVIEW 85
TABLE 54 MUBY CHEM PRIVATE LIMITED: COMPANY OVERVIEW 86
FIGURE 1 N-BUTYRALDEHYDE SEGMENT TO HOLD LARGER MARKET SHARE IN 2030 11
FIGURE 2 CHEMICAL INTERMEDIATES SEGMENT TO DOMINATE MARKET IN 2030 12
FIGURE 3 CONSTRUCTION SEGMENT TO DOMINATE MARKET IN 2030 12
FIGURE 4 ASIA PACIFIC TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 13
FIGURE 5 BUTYRALDEHYDE MARKET: DRIVERS, RESTRAINTS,
OPPORTUNITIES, AND CHALLENGES 14
FIGURE 6 BUTYRALDEHYDE MARKET: PORTER'S FIVE FORCES ANALYSIS 18
FIGURE 7 BUTYRALDEHYDE MARKET: VALUE CHAIN ANALYSIS 21
FIGURE 8 BUTYRALDEHYDE MARKET: ECOSYSTEM ANALYSIS 22
FIGURE 9 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 25
FIGURE 10 TOTAL NUMBER OF PATENTS, 2014-2024 27
FIGURE 11 NUMBER OF PATENTS YEAR-WISE, 2014-2024 28
FIGURE 12 PATENT ANALYSIS, BY LEGAL STATUS, 2014-2024 28
FIGURE 13 TOP JURISDICTION, BY DOCUMENT, 2014-2024 29
FIGURE 14 TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF
PATENTS, 2014-2024 29
FIGURE 15 BUTYRALDEHYDE MARKET: REVENUE ANALYSIS OF KEY PLAYERS,
2022-2024 (USD BILLION) 32
FIGURE 16 BUTYRALDEHYDE MARKET SHARE ANALYSIS, 2024 33
FIGURE 17 BUTYRALDEHYDE MARKET: COMPANY VALUATION OF KEY COMPANIES,
2024 (USD BILLION) 35
FIGURE 18 BUTYRALDEHYDE MARKET: FINANCIAL METRICS OF KEY COMPANIES, 2024 36
FIGURE 19 BUTYRALDEHYDE MARKET: BRAND/PRODUCT COMPARISON 37
FIGURE 20 BUTYRALDEHYDE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 39
FIGURE 21 BUTYRALDEHYDE MARKET: COMPANY FOOTPRINT 40
FIGURE 22 BUTYRALDEHYDE MARKET: COMPANY EVALUATION MATRIX
(STARTUPS/SMES), 2024 44
FIGURE 23 BASF: COMPANY SNAPSHOT 50
FIGURE 24 MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT 52
FIGURE 25 SABIC: COMPANY SNAPSHOT 55
FIGURE 26 EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT 58
FIGURE 27 KH NEOCHEM CO., LTD.: COMPANY SNAPSHOT 60
FIGURE 28 GRUPA AZTOY: COMPANY SNAPSHOT 66
FIGURE 29 LG CHEM: COMPANY SNAPSHOT 68
FIGURE 30 BUTYRALDEHYDE MARKET: RESEARCH DESIGN 87
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