Press release
Acetic Acid Market value of USD 14.80 billion by 2029, with a CAGR of 5.2 Parcentage from 2023 to 2029.
Acetic Acid Market Report Scope and Research MethodologyThe report covers a comprehensive analysis of the Acetic Acid market, examining various segments, including end-use applications and regions. It provides detailed insights into the historical data from 2018 to 2022, along with projections for the forecast period 2023 to 2029. The research methodology involves a meticulous examination of primary data using facts, figures, visualizations, and presentations. The report employs both Porter's and PESTEL analysis to assess micro-economic factors impacting the market.
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What are Acetic Acid Market Dynamics:
Rising demand for the product from Vinyl Acetate Monomer (VAM) companies around the world is expected to keep the market growing. VAM is conventionally made by reacting acetic acid with ethylene and oxygen in the presence of a palladium catalyst in a gas phase reaction. VAM is polymerized to generate polyvinyl acetate or other polymers, which are essential parts in the paints industry, and a substantial amount of vinyl acetate monomer produced is used in paint and coating formulations.
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Acetic Acid Market Regional Insights:
Asia Pacific is set to dominate the Acetic Acid Market during the forecast period, accounting for the largest market share by 2029. This growth is attributed to increasing industrialization, demand for plastics, and growing construction activities in countries like China, Japan, and India. Despite mild trade conflicts, the Asia Pacific region maintains a steady demand for plastics and polymers, impacting Acetic Acid usage positively.
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What is Acetic Acid Market Segmentation:
by End Use
1. Plastics and Polymer
2. Food and Beverage
3. Adhesives
4. Paints and Coatings
5. Pharmaceuticals
by Derivative Outlook
1. Diclofenac
2. Indomethacin
3. Tolmetin
by Manufacturing Process
1. Biological Route
2. Synthetic Route
1.1. Paraffin Oxidation
1.2. Methanol Carbonylation
1.3. Olefin Oxidation
1.4. Terephthalic/Isophthalic Acid Coproduct
by Application
1. Vinyl Acetate Monomer
2. Acetic Anhydride
3. Acetate Esters
4. Purified Terephthalic Acid
5. Ethanol
6. Others
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Who are Acetic Acid Market Key Players:
1. Wacker Chemie
2. Saudi International Petrochemicals
3. DuPont
4. Eastman Chemical Company
5. Jiangsu Sopo (Group) Co., Ltd.
6. British Petroleum
7. Celanese Corporation
8. Mitsubishi Chemical Corporation
9. Daicel Corporation
10. GNFC Limited
11. HELM AG
12. LyondellBasell Industries N.V.
13. PetroChina
14. Sinopec
15. Indian Oil Corporation
16. Dow Chemicals
Table of content for the Acetic Acid Market includes:
Global Acetic Acid Market: Research Methodology
Global Acetic Acid Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Acetic Acid Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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