Market Overview

Acetic Acid Market in-Depth Analysis 2018, Future Scope and Outlook 2025


Acetic Acid Market in-Depth Analysis 2018, Future Scope and Outlook 2025

PR Newswire

PUNE, India, August 8, 2018 /PRNewswire-iReach/ -- Global Acetic Acid Market Study 2018 to 2025

This market study describes the global Acetic Acid market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Czech Republic, Turkey, China, Japan, India, South Korea, Taiwan, Indonesia, Thailand, Malaysia, Singapore, Brazil, South Africa and Saudi Arabia.

The market is segmented mainly according to the applications such as Vinyl Acetate Monomer (VAM), Purifier Terephthalic Acid, Acetic Anhydride, Ester Solvents & others. Acetic Acid Market data in term of volume and value for each application at regional and country level will be provided.

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Top Leading Companies are: Eastman Chemical Company, LyondellBasell Industries N.V., Celanese Corporation, BP Plc., Daicel Corporation, Jaingsu Sopo Group, Shanghai Huayi Group, Kingboard Chemical Holdings Company Limited, Shandong Hualu-Hengsheng Chemical Company Limited, Yankuang Cathay Coal Chemicals Company Limited, Etc.

The report provides answers to the following key questions:

  • How big is the Acetic Acid market?
  • How is the market evolving by demand, segment and region?
  • What will the market size be in 2025 and at what rate will it grow?
  • What trends, challenges and barriers are influencing its growth?
  • Historical and future price trends for Acetic Acid.

This independent 200 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the Acetic Acid market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2022.

Furthermore, the report provides a detailed analysis of the global Acetic Acid market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

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Acetic acid is a colourless organic liquid manufactured using methanol. Vinyl acetate monomer (VAM) is the largest consumer of acetic acid followed by PTA (Purified Terephthalic Acid), which is used as a co-monomer for the production of PET (Polyethylene Terephthalate) –one of the biggest and fastest growing thermoplastics market. Acetate Esters and Acetic Anhydride are the third and fourth largest consumers respectively. There are a large number of smaller end-uses including monochloroacetic acid and other very small applications directly in textiles and in acetate salt production. The acetic acid industry is fragmented with the top 10 producers accounting for more than 60% of the total global production capacity. There are atleast more than 100 companies also producing Acetic Acid.

The Asia-Pacific region is expected to continue to be a hot bed for new acetic acid investments in the long-term forecast. The region will increase its share of the global capacity to more than 80% by 2025. The major capacity additions will be in China as the country strives to be self-sufficient and decrease its imports. In 2017, Asia, mainly led by China, accounted for the largest share for Acetic acid. The demand in the region is expected to grow between 5% to 6% on account of fast growth in China and India. The other key regions of demand were North America followed by Western Europe. These regions are expected to witness sluggish growth in comparison to other region due to geographical shift of end use industries to low cost manufacturing locations such as Asia.

The demand for acetic acid has grown on account of the burgeoning demand for VAM and PTA. Demand is further expected to rise as acetic acid replaces solvents in printing inks, coatings and adhesives.

Reasons for Buying this Report

  • Acetic Acid report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future Outlook.

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