Acetic Acid Market Growth Overview, Size, SWOT Analysis and Forecast to 2028 | Mitsubishi Chemical Corporation, Saudi International Petrochemicals, Jiangsu Sopo (Group), Wacker Chemie, Eastman Chemical Company

The Global Acetic Acid Market is an in-depth and professional study on the current state of the global acetic acid industry with a focus on the global market. The report provides key statistics on the market status of the manufacturers of acetic acid and is a valuable source of guidance and guidance for companies and individuals interested in the sector. Overall, the report provides an in-depth insight into the global acetic acid market for 2028, covering all significant parameters.

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Acetic acid is a colorless liquid that acts as a significant precursor for the manufacturing of multiple chemicals used among others in the textile, rubber and plastic sectors. It functions as an intermediary for the formulation of different coatings, sealants, and greases commonly used in the building, electronics, and packaging industries. The market for acetic acid is expected to demonstrate significant development over the coming years. The increased use of acetate acid in the manufacture of multiple products such as vinyl acetate monomers (VAM) and purified terephthalate acid is expected to increase the size of the market. Acetic acid is commonly used in the production of VAM, which in turn is used in the production of different resins and polymers for adhesives, movies, paints, coatings, textiles and other end-user products.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. Mitsubishi Chemical Corporation
2. Saudi International Petrochemicals
3. Jiangsu Sopo (Group)
4. Wacker Chemie
5. Eastman Chemical Company
6. DuPont, British Petroleum
7. Celanese Corporation
8. GNFC Limited
9. HELM AG
10. LyondellBasell
11. Sinopec
12. Daicel Corporation
13. PetroChina

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Key Factors Impacting Market Growth:
o Increasing demand for clothes and other packed products
o Increased petroleum feedstock prices
o Rapid growth of the textile industry

Regional segmentation and analysis to understand growth patterns:
Asia Pacific and Middle East are expected to register substantial growth in acetic acid market during the forecast period. This demand is with regards to the growth of major end-use industries (Plastics and Polymers, Food and Beverage, Inks, Paints, and Coatings, Chemicals, Others). Major countries in Asia Pacific region include China, South Korea, Japan, India, Australia, and So on. Middle East includes UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for acetic acid market.

North America and Western Europe being some of major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions.

This report provides:
1) An overview of the global market for acetic acid market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global acetic acid market .
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.
The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

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Market Segmentation:
By Applications:
o Vinyl Acetate Monomer (VAM)
o Purified Terephthalic Acid (PTA)
o Acetate Esters
o Acetic Anhydride
o Other Applications

By End-Use Industry:
o Plastics and Polymers
o Food and Beverage
o Inks, Paints, and Coatings
o Chemicals
o Other End-User Industries

By Region:
o North America
o By Country (US, Canada, Mexico)
o By Application
o By End-Use Industry

o Western Europe
o By Country (Germany, UK, France, Spain, Rest of Western Europe)
o By Application
o By End-Use Industry

o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Application
o By End-Use Industry

o Asia Pacific
o By Country (China, Japan, India, Rest of Asia Pacific)
o By Application
o By End-Use Industry

o Middle East
o By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
o By Application
o By End-Use Industry

o Rest of the World
o By Region (South America, Africa)
o By Application
o By End-Use Industry

Reasons To Buy This Report:
o Market size estimation of the acetic acid market on a regional and global basis
o Unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

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This release was published on openPR.