openPR Logo
Press release

Global Acetic Acid Market to Reach 15 Million Tons by 2022

05-19-2017 09:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Global Acetic Acid Market to Reach 15 Million Tons by 2022

Acetic acid, also known as ethanoic acid, is a colourless liquid organic compound having a characteristic pungent smell and sour taste. It is prepared by bacterial fermentation or oxidation of ethanol.

Get a free sample report: http://www.expertmarketresearch.com/request?type=report&id=25&flag=B

Acetic acid has been classified as a weak acid and has numerous applications in various industries like pharmaceutical, construction, water treatment, rubber, plastics, etc. Vinegar, which is dilute acetic acid, is used as a food ingredient in kitchen. Acetic acid is also used in the manufacture of vinyl acetate monomer (VAM), purified terepthalic acid (PTA), acetate esters, etc. According to a new report by Expert Market Research, the global acetic acid market reached a volume of 15 Million Tons in 2016 and is further expected to reach a volume of around 19 Million Tons by 2021.

The production of acetic acid has observed a significant growth during 2009-2016. VAM, the largest end-use industry of acetic acid, is used in manufacture of a number of polymers and resins for coatings, adhesives, paints, etc. As a result, the production of acetic acid is booming. Moreover, the rise in the production of other end-products such as PTA, ethylene-vinyl acetate (EVA) copolymers, ethyl acetate and butyl acetate, etc. involving the consumption of acetic acid has also led to an increase in its demand. Population growth, emerging markets and government policies are some of the other factors stimulating the market growth.

Key findings from the report:

The end-use industries of acetic acid include Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetic Anhydride, Ethyl Acetate and Butyl Acetate. Vinyl acetate monomer (VAM) is one of the most rapidly growing end-use industries which accounts for around 33 % of its total global consumption.
Region-wise, Asia dominated the market with a share of more than two-fifth of the total global consumption. It was further followed by North America, Europe and Middle East and Africa.
Being fragmented in nature, the global acetic acid market is surrounded by a number of players. Some of these players include British Petroleum, Celanese, Shanghai Wujing, Jiangsu Sopo, Reliance, Eastman, Lyondell Basell, Daicell, Sipchem, Kuraray.

Read full report with TOC: http://www.expertmarketresearch.com/reports/acetic-acid-market

Expert Market Research has analysed the global acetic acid market according to end-use, major regions and top players:

Market breakup by End-use

Vinyl Acetate Monomer (VAM)
Purified Terephthalic Acid (PTA)
Acetic Anhydride
Ethyl Acetate
Butyl Acetate

Market breakup by Region

Asia
North America
Europe
Middle East & Africa

Top players

British Petroleum
Celanese
Shanghai Wujing
Jiangsu Sopo
Reliance

Browse more reports related to chemical & material research: http://www.expertmarketresearch.com/categories/chemicals-market-reports

Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.

With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.

Expert Market Research
85 Broad St
New York, NY 10004
United States
Website: www.expertmarketresearch.com
Email:sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

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 Global Acetic Acid Market to Reach 15 Million Tons by 2022 here

News-ID: 542704 • Views:

More Releases from Expert Market Research

Electric Vehicle Charger Market Size, Share, Growth, Report and Forecast 2024-2032
Electric Vehicle Charger Market Size, Share, Growth, Report and Forecast 2024-20 …
Electric Vehicle Charger Market Outlook According to the report by Expert Market Research (EMR), the global electric vehicle charger market size is projected to grow at a CAGR of 25.3% between 2024 and 2032. Aided by the accelerating transition to electric vehicles worldwide, the market is expected to grow significantly by 2032. Electric vehicle chargers, essential for recharging electric vehicles, have become integral to the automotive industry's shift towards sustainability. These chargers
Electric DC Motors Market Size, Share, Report and Forecast 2024-2032
Electric DC Motors Market Size, Share, Report and Forecast 2024-2032
Electric DC Motors Market Outlook According to the report by Expert Market Research (EMR), the global electric DC motors market size is projected to grow at a CAGR of 6.8% between 2024 and 2032. Aided by the escalating demand for energy-efficient motors and the rising applications in various sectors, the market is expected to grow significantly by 2032. Electric DC motors, known for their high efficiency and excellent speed control, are integral
Rocket Propulsion Market Size, Share, Growth, Trends, Analysis, Outlook, Report and Forecast Period of 2024-2032
Rocket Propulsion Market Size, Share, Growth, Trends, Analysis, Outlook, Report …
Rocket Propulsion Market Outlook According to a new report by Expert Market Research titled, "Global Rocket Propulsion Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global rocket propulsion market is projected to grow at a CAGR of 8.7% between 2024 and 2032. Aided by the burgeoning space exploration initiatives and the increasing commercialisation of space travel, the market is expected to grow significantly by 2032. Get a Free Sample Report with
Robotic Lawn Mower Market Share, Size, Growth, Trends, Analysis, Report and Forecast Period of 2024-2032
Robotic Lawn Mower Market Share, Size, Growth, Trends, Analysis, Report and Fore …
Robotic Lawn Mower Market Outlook According to a new report by Expert Market Research titled, "Global Robotic Lawn Mower Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global robotic lawn mower market is projected to grow at a CAGR of 13.1% between 2024 and 2032. Aided by the growing inclination towards smart home technology and the escalating demand for efficient lawn maintenance solutions, the market is expected to grow significantly

All 5 Releases


More Releases for Acetic

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
Glacial Acetic Acid Market In-depth Analysis Report
Glacial Acetic Acid Market In-depth Analysis Report Latest market research report on Global Glacial Acetic Acid Market published by Global Market Monitor, offers updated COVID-19 Impacts on global or regional Glacial Acetic Acid market. Due to rapid industrialization in the emerging economies of the world, the consumption of adhesives and sealants has increased over the past three years and hence the demand for vinyl acetate monomer has seen a significant increase. Moreover,
Global Industrial Acetic Acid Market Growth 2019-2024
LP INFORMATION offers a latest published report on Industrial Acetic Acid Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Industrial Acetic Acid market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.
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 $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an important constituent of the textile and packaging industries. PTA is expected to witness the fastest growth with a CAGR of more than 4.9% from 2015
Global Acetic Anhydride Market Research Report 2025
The global Acetic Anhydride market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Acetic Anhydride volume and value at global level, regional level and company level. From a global perspective, this report represents overall Acetic Anhydride market size by analyzing historical data and future prospect. Regionally, this report focuses on