ALDEHYDES MARKET ANALYSIS
Key players in the Aldehydes Market
Key players operating in the market include Celanese Corporation, Georgia Pacific Corporation, BASF SE, Huntsman Corporation, Dynea Oy, Sumitomo, CNPC, Simalin Chemicals Industries Limited, Gujarat Alkalies and Chemicals Limited, and Sinopec.
Major players are adopting numerous strategies such as product launches, business expansions, mergers & acquisitions and partnerships & collaborations to gain strong foothold in the market. For instance, in 2018, Dynea announced completion of new facility named Silver Formaldehyde Plant in Jubail, KSA. The unit has capability to produce 105.00 metric ton annual capacity and is expected to deliver 55% of formaldehyde solution.
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