openPR Logo
Press release

Acetic Acid Market – How the Business Will Grow by 2024? | Growth Analysis by comparative key players BP, Wacker Chemie, DuPont, Mitsubishi Chemical Holdings America, Eastman Chemical Company, Saudi International Petrochemicals, Daicel Corporation

Acetic Acid Market

Acetic Acid Market

Global Acetic Acid Market report provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the Industry. The report presents a deep study of the market growth factors and drivers

Increasing demand of vinyl acetate monomer (VAM) in end-use industries such as automotive, construction and furniture will propel the demand for the product. The product is extensively used in adhesives which will result into a rising curve of the product market growth.

Paints & coatings industry will further drive the demand for VAM. The use adhesives and emulsions in end-use industries such as construction, packaging and furniture will lead to a rising demand for the product.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1594

Key Profiles:
• British Petroleum Plc
• Wacker Chemie
• DuPont
• Eastman Chemical Company
• Saudi International Petrochemicals
• Mitsubishi Chemical Holdings America
• Daicel Corporation

VAM has its applications in photovoltaic modules which will further augment the growth of the acetic acid industry. The demand for food packaging films has also boosted the VAM industry which in turn will positively affect the product market.

An important driver of acetic acid industry is the application of the product in polyethylene terephthalate (PET) bottles. The flourishing beverage industry is the key driver of the rising consumption of PET bottles. Premium packaging of certain products will propel the demand for the product.

Bio-based acetic acid is gaining importance as there is a need for sustainable chemicals. Bio-based product will decrease dependence on fossil fuel imports which will leave a positive impact on the economies.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1594

Volatile prices of raw material such as methanol can adversely affect the growth of the market. Fluctuating prices of crude oil is one of the key economic variables which can affect the product market.

Vinyl acetate monomer, acetate esters and acetic anhydride are some of the major applications of the product. The demand for the above-mentioned products in industries such as inks, textiles, etc. will upscale the market growth. PTA segment is anticipated to grow at a robust CAGR of above 7%, justified by the innovations in packaging industry.

The revenue of acetic anhydride segment is anticipated to reach above 0.3 billion by 2024 owing to its increased application in agrochemicals, pharmaceutical and textile industries. Acetate esters segment is anticipated to show a rising trajectory, owing to their application in industrial solvents.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/acetic-acid-market

Asia Pacific is expected to witness high gains from the product market due to the thriving construction and infrastructure in developing countries. In Europe, the market value is estimated to cross USD 2 billion by 2024, owing to the increased use of acetic anhydride as a preservative in frozen food. The market in North America will witness steady demand for PET bottles in wine industries which will fuel the product market.

The product market is fragmented with various small scale and large scale manufacturers. Some of the major competitors are DuPont, Wacker Chemie, Eastman Chemical Company, Saudi International Petrochemicals, British Petroleum, Mitsubishi Chemical Corporation, GNFC Limited, Jiangsu Sopo (Group) Co., Ltd., Celanese Corporation, Daicel Corporation, LyondellBasell Industries N.V., Sinopec, PetroChina, HELM AG, etc.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Acetic Acid Market – How the Business Will Grow by 2024? | Growth Analysis by comparative key players BP, Wacker Chemie, DuPont, Mitsubishi Chemical Holdings America, Eastman Chemical Company, Saudi International Petrochemicals, Daicel Corporation here

News-ID: 1682437 • Views: 291

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Acetic

Bio-Acetic Acid Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Bio-Acetic Acid Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-bio-acetic-acid-market_p106534.html   Bio-Acetic acid is a clear, colorless liquid with
Global Acetic Anhydride Market Research Report 2025
The global Acetic Anhydride market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Acetic Anhydride volume and value at global level, regional level and company level. From a global perspective, this report represents overall Acetic Anhydride market size by analyzing historical data and future prospect. Regionally, this report focuses on
Acetic Acid Market Industry Analysis and Opportunity Assessment by 2027
Acetic acid, also known as ethanoic acid is a colourless liquid, which has a sour smell and distinct and strong pungent. Acetic acid is mainly produced by methanol carbonylation technique. Acetic acid is also used for producing chemical contents including Vinyl acetate monomer (VAM), Purified Terephthalic Acid (PTA), etc. Acetic acid is used in various industries such as rubber, plastics, pharmaceutical, construction, paint and other industries. It is also
Acetic acid Market by Application (Vinyl Acetate Monomer, Terephthalic acid, Ace …
The "Global Acetic Acid Market- - Industry Analysis, Share, Trend, Market Size and Forecast" was estimated to be around US$ 5.9 billion in 2017 and is anticipated to grow with 8.0% of growth rate during the future period. This report segments the global Acetic Acid market by application and geography. The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2016 as
Acetic Ether Market to Witness Widespread Expansion During 2017 - 2027
Acetic ether is a colorless organic compound and is formed by reacting ethanol with acetic acid. Acetic ether is mainly employed as solvent in various application segments such as coatings formulations including urethanes, cellulosic, vinyl and acrylics among others .Other niche applications include nail polish removers, glue and cigarettes among others. Cellulosic application segment dominates the global demand for acetic ether. Major end user industries for acetic ether include perfume, varnishes
Acetic Anhydride Market to Record Ascending Growth by 2021
Acetic anhydride is manufactured by carbonylation of acetate. It is also manufactured by the reaction of ketene with acetic acid. Acetic anhydride acid is colorless and has a pungent odor. Acetic anhydride is majorly consumed in cellulose acetates. Cellulose acetate flakes include cellulose acetate propionate (CAP), cellulose di-acetate and cellulose tri-acetate. Cellulose acetate flakes are used in cigarette filters, plastics and filament yarns. To access full report @ http://www.persistencemarketresearch.com/market-research/acetic-anhydride-market.asp In terms of