Press release
Acetic Acid Market Size, Share, Growth, Trends Analysis by Top Key Players like Celanese Corporation, Daicel, DuPont, Eastman Chemical Company, GNFC Limited, HELM AG
Acetic Acid Market
To review a sample of this report before buying, Request for Sample @ https://www.decresearch.com/request-sample/detail/1594
Acetic Acid Market share from purified terephthalic acid [PTA] application also contributes significantly to the overall share. Acetic acid market share from purified terephthalic acid application was close to that of VAM in 2016 and is expected to scale a valuation of more than USD 4 billion by 2024. Terephthalic acid is witnessing constant demand for the production of polyester fibers, polyester films, and PET bottles, which is impacting acetic acid market outlook positively. The PTA segment is expected to register a CAGR of above 7% over 2017-2024.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. British Petroleum Plc
2. Celanese Corporation
3. Daicel Corporation
4. DuPont
5. Eastman Chemical Company
6. GNFC Limited
7. HELM AG
8. LyondellBasell Industries N.V.
9. Mitsubishi Chemical Corporation
10. PetroChina
11. SABIC
12. Showa Denko K.K
13. Sinopec
14. Svensk Etanolkemi AB (SEKAB)
15. Wacker Chemie AG
Propelled by persistent demand from end use applications, including the production of vinyl acetate monomer (VAM) and polyethylene terephthalate (PET), global acetic acid market is slated to accrue noteworthy gains in the coming years. In terms of revenue, worldwide acetic acid market size is expected to surpass USD 17.9 billion by 2024.
The acetic acid market is likely to gain from the growing use of acetic anhydride in agrochemicals, textile, and pharmaceutical industries. Acetic acid industry share from acetic anhydride is likely to accumulate more than 0.3 billion by 2024.
Global acetic acid market is currently witnessing a paradigm shift with regards to the production methods. The industry has resorted to the production of bio-based acetic acid, as a means to reduce carbon footprint, which is likely to open up a plethora of opportunities for market. For instance, in 2013, British Petroleum company came up with a new route of acetic acid production from syngas in order to safeguard their business from raw material price fluctuations. In addition, the key players are adopting a slew of other organic and inorganic growth strategies to gain an edge over their contemporaries.
Make an inquiry for buying this report @ https://www.decresearch.com/inquiry-before-buying/1594
This advanced report on the acetic acid market includes an in-depth overview of this business sphere. Alongside, details of the present market size and status have been given. The report aims to provide substantial updates on the market, pertaining to the development status as well as the latest trends characterizing the market.
The regional segmentation covers:
o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)
Asia Pacific is a pivotal growth ground for acetic acid market. Availability of raw material in abundance, rising disposable income, flourishing construction & packaging industries, and aggressive infrastructural activities in the region are bolstering market growth prospects. China is deemed to be one of the key contributors to Asia Pacific market and is likely to achieve a CAGR of 6% over 2017-2024.
Elaborating further on the regional landscape, Europe and North America are other profitable acetic acid market growth pockets. Europe market growth can be mainly attributed to the escalating use of acetic anhydride in the frozen food industry as a preservative. In 2016, Europe acetic acid market share was over 12% of global share and is expected to capture a CAGR of 4% over 2017-2024. On the other hand, North America acetic acid market size is estimated to be primarily fueled by steady demand from the beverage industry.
If You Want to get discount of this report then clicks here: https://www.decresearch.com/request-discount/1594
Main Features of the Global Market Research Report:
The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.
-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.
-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.
-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.
-The report analyses the various market segments and also provides their contribution to the development of the global industry.
Browse More News -
Powder Coatings Market Size: https://www.prnewswire.com/news-releases/powder-coating-market-to-exceed-usd-17-bn-by-2025-global-market-insights-inc-300940763.html
FT Wax Market Size: https://www.globenewswire.com/news-release/2019/10/09/1927158/0/en/FT-Wax-Market-to-reach-USD-1-2-Billion-mark-by-2025-Global-Market-Insights-Inc.html
Silanes Market Size: https://www.marketwatch.com/press-release/silanes-market-share-to-fostered-by-rising-demand-from-the-electronics-sector-2020-03-16
Contact Us
Arun Hegde
Corporate Sales, USA
Decresearch
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
About Us
Decresearch, 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.
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 Size, Share, Growth, Trends Analysis by Top Key Players like Celanese Corporation, Daicel, DuPont, Eastman Chemical Company, GNFC Limited, HELM AG here
News-ID: 2016116 • Views: …
More Releases from DecResearch.com
Whats Driving The Plant-based Waters Market Share? PepsiCo Inc., Caliwater LLC, …
Decresearch has recently published a study titled ‘Global Plant-based Waters Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Plant-based Waters market. The report is inclusive of a completely comprehensive study of the Plant-based Waters Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.
A highly methodical quantitative as well as qualitative analysis of…
Whats Driving The Feed Phosphate Market Share? Yara International, The Mosaic Co …
Decresearch has recently published a study titled ‘Global Feed Phosphate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Feed Phosphate market. The report is inclusive of a completely comprehensive study of the Feed Phosphate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.
A highly methodical quantitative as well as qualitative analysis of…
Whats Driving The Fish Protein Hydrolysate Market Size? SOPROPECHE, Symrise AG, …
Decresearch has recently published a study titled ‘Global Fish Protein Hydrolysate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Fish Protein Hydrolysate market. The report is inclusive of a completely comprehensive study of the Fish Protein Hydrolysate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.
A highly methodical quantitative as well as…
Whats Driving The Food Safety Testing Market Share? Emsl Analytical Inc, Eurofin …
The global Food Safety Testing market was valued at USD 14 Billion in 2018 and is projected to touch USD 24 Billion by 2025, developing at a CAGR of 7.5% from 2019 to 2025. Decresearch has recently published a study titled ‘Global Food Safety Testing Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Food Safety Testing market. The report is inclusive of a…
More Releases for Acetic
Acetic Acid Price Report, Index, Chart and Forecast
Acetic Acid Industrial Grade Price Trends and Outlook (Ex-Works China)
The industrial-grade acetic acid market in China has experienced notable price fluctuations over the past two years. A year-on-year (YoY) comparison of prices from October to December shows a consistent decline from 2023 to 2024. In October 2023, the price stood at 550 USD/MT, dropping by 21% to 435 USD/MT in October 2024. This sharp decrease is indicative of weakened demand,…
Acetic Acid Prices, Index, Chart and Forecast
Acetic Acid Pricing Analysis - North America Last Quarter
Acetic Acid Prices in United States:
During the last quarter, Acetic Acid Prices in USA remained stable at $727 per metric ton, supported by a balanced supply and demand environment. Despite trade disputes and production challenges in vinyl acetate and PTA sectors, the market showed resilience. The Acetic Acid Price Index reflected minimal fluctuations, as moderate methanol cost increases were offset by steady…
Acetic Acid Market Projected to Show Strong Growth
The "Acetic Acid Market" intelligence report, just published by USD Analytics Market, covers insurers' micro-level study of important market niches, product offers, and sales channels. In order to determine market size, potential, growth trends, and competitive environment, the Acetic Acid Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the…
Usage of Acetic Anhydride Increasing in Pharmaceutical Sector
In the recent years, the healthcare sector has surged sharply in the developing nations of Asia-Pacific (APAC) such as India, China, Indonesia, and Thailand, primarily because of the huge research and development (R&D) investments and the expanding operations of various leading medical drug producing companies. In addition to these, the abundant availability of raw materials and low-cost labor also contributed toward the expansion of the healthcare sector in this region.
Download…
Acetic Anhydride Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Acetic Anhydride Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Acetic Anhydride 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 Acetic Anhydride with respect to individual growth…
Acetic Acid Market Research & Development | Industry Report, 2022
The global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an important constituent of the textile and packaging industries. PTA is expected to witness the fastest growth with a CAGR of more than 4.9% from 2015…
