Press release
Ethanoic Acid Market to Witness Robust Expansion by 2024– Top Key players like Eastman,BP-Amoco,Wujing Shanghai Chemical,Inc.
This report focuses on the key global Ethanoic Acid players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ethanoic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Ethanoic acid is also called acetic acid, which is a kind of organic monobasic acids and short-chain saturated fatty acids. Its chemical formula is CH3COOH. The spicy sour of vinegar stems from ethanoic acid. Ethanoic acid is a kind of simple carboxylic acid, which is a kind of important chemical reagent.
In the last few years, more and more Chinese companies enter into ethanoic acid industry. As the overall downward trend of China economic in the past few years, and the complicated and volatileinternational economic situation, the current demand for ethanoic acid product is relatively low, lack of demand, excess supply in the next few years.
Chinese domestic ethanoic acid has been very mature and advanced, and the performance distance between domestic brands and international brands has been shortening. Besides, Chinese export volume of ethanoic acid has reached 18.15% of the domestic production by 2014.
Global demand for ethanoic acid is inhomogeneous, according to the data show, the production is less than the demand for ethanoic acid in Europe, so this market is full of large potential. Despite the fierce market competition, investors are still optimistic about this industry because of the expanding demand.
According to this study, over the next five years the Ethanoic Acid market will register a 1.0% CAGR in terms of revenue, the global market size will reach US$ 4797 million by 2024, from US$ 4555.7 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ethanoic Acid business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Celanese Corporation
Eastman
BP-Amoco
Japan Kyodo Sakusan
Jiangsu SOPO Chemical
Wujing Shanghai Chemical
Shandong Yankuang Chemical
Hualu-Hengsheng Chemical
Hebei Zhongxin Chemical
Market Segment by Type, covers
Acetic acid
Glacial acetic acid
Market Segment by Applications, can be divided into
Vinyl acetate monomer
Purified terephthalic acid
Acetate esters
Acetic anhydride
Medicial and other industrial solvent
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Related Information:
North America Ethanoic Acid Market Growth 2019-2024
United States Ethanoic Acid Market Growth 2019-2024
Asia-Pacific Ethanoic Acid Market Growth 2019-2024
Europe Ethanoic Acid Market Growth 2019-2024
EMEA Ethanoic Acid Market Growth 2019-2024
Global Ethanoic Acid Market Growth 2019-2024
China Ethanoic Acid Market Growth 2019-2024
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