Acetic Acid Market Projected to Show Strong Growth| British Petroleum, DuPont, Daicel

Advance Market Analytics published a new research publication on "Acetic Acid Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Acetic Acid market was mainly driven by the increasing R&D spending across the world.

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Some of the key players profiled in the study are: Mitsubishi Chemical Corporation (Japan), British Petroleum (United Kingdom), DuPont (United States), Daicel Corporation (Japan), GNFC Limited (India), HELM AG (Germany), LyondellBasell Industries N.V. (Netherlands), PetroChina (China), Wacker Chemie (Germany), Saudi International Petrochemicals (Saudi Arabia).

Scope of the Report of Acetic Acid
Acetic acid, also known as ethanoic acid, is an organic chemical compound which is recognized for giving vinegar its sour taste and pungent smell. Acetic acid is one of the simplest carboxylic acids and has the chemical formula CH3COOH. However, it is corrosive, and its vapor irritates the eyes, produces a burning sensation in the nose and can lead to a sore throat and lung congestion. Acetic acid is an essential chemical reagent and industrial chemical useful for the production of various synthetic fibers and other polymeric materials. These polymers are consist of polyethylene terephthalate which is mainly used in soft drink bottles; cellulose acetate, used mainly for photographic film; and polyvinyl acetate, used for wood glue. In households, diluted acetic acid is frequently used in descaling agents.

Market Overview: In March 2023, KBR acquired Acetica℠, a cutting-edge technology for acetic acid production. This acquisition bolsters KBR's petrochemicals value chain and provides a lucrative avenue for CO2 utilization. The technology allows for the integration of CO2 derived from carbon capture, enabling the production of high-value chemicals like Vinyl Acetate Monomer (VAM). VAM plays a vital role in sustainable coatings, adhesives, and other materials that facilitate the transition to a net-zero environment. It is worth noting that KBR is the sole independent global licensor of acetic acid technology.

The titled segments and sub-section of the market are illuminated below: by Type (Trickling Generation, Submerged Liquid Fermentation), Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetate Esters, Acetic Anhydride), End User (Plastics & Polymers, Food & Beverage, Inks)

Market Trends:
Increasing Use of Ester Solvents in Paints & Coating Sector

Opportunities:
The Untapped Market of Developing Countries

Market Drivers:
Rise in Demand for Vinyl Acetate Monomer
Increasing Demand from Textile & Packaging Industry

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Acetic Acid Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Acetic Acid market
Chapter 2: Exclusive Summary - the basic information of the Acetic Acid Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Acetic Acid
Chapter 4: Presenting the Acetic Acid Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Acetic Acid market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Acetic Acid Market is a valuable source of guidance for individuals and companies.

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