Press release
Acetic Acid Market is Expected to Get US$ 15 Billion Globally By 2023
The global acetic acid market is segmented based on its application which includes vinyl acetate monomer, acetic anhydride, acetate esters and PTA. The market segments in terms of geographical regions include North America, Europe, Asia-Pacific and Rest of the World (ROW).Acetic Acid Market states that the market will log more than 9% CAGR through the report’s forecast period.
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This report provides:
1) An overview of the global market for acetic acid and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2020.
3) Identifications of new market opportunities and targeted promotional plans for acetic acid market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
Increasing demand for VAM in various industries such as paints, packaging, adhesives and other industries, is a driving factor for global acetic acid market. Owing to its exponential use in production of acetate anhydride is growth factor. China leads the global market followed with largest market share by volume.
Acetic acid is an organic compound with strong distinct sour smell. It is colourless and has carbon as its fundamental constituent. Acetic acid is most commonly used to produce VAM (vinyl acetate monomer). Another major application of this acid is in production of acetic anhydride which is useful in photographic films. It also has uses in medical and food industry as it is widely known to be used in vinegar which has extensive uses.
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The scope of the report includes a detailed study of global and regional markets for various types of coatings with the reasons given for variations in the growth of the industry in certain regions.
Table of Contents
1 INTRODUCTION
2 Executive Summary
3 Premium Insights
4 Market Overview
4.1 Introduction
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Budding Vinyl Acetate Monomer Demand
4.3.1.2 Growing Textile & Packaging Industry
4.3.1.3 Growing Demand In Asia-Pacific
4.3.1.4 Increasing Penetration Of Ester Solvents In Coating Industry
4.3.2 Restraints
4.3.2.1 Mature Market Of Acetic Anhydride
4.3.3 Opportunities
4.3.3.1 Wave For Change Through Emerging Technologies For Acetic Acid
4.3.3.2 Upcoming Derivative Plants
4.4 Burning Issues
4.4.1 Bio-Based Acetic Acid
4.4.2 Shale Gas Development
4.5 Winning Imperative
4.5.1 Integration
4.6 Raw Material Analysis
4.6.1 Methanol
4.7 Regulations
4.8 Porter’s Five Forces Analysis
4.8.1 Threat Of New Entrants
4.8.2 Threat Of Substitutes
4.8.3 Buyers’ Power
4.8.4 Suppliers’ Power
4.8.5 Degree Of Competititon
4.9 Market Share Analysis
5 Acetic Acid Market
6 Acetic Acid Derivatives Market
7 Competitive Landscape
8 Company Profiles
8.1 Celanese Corporation
8.2 Bp Plc
8.3 Eastman Chemical Company
8.4 Daicel Corporation
8.5 Lyondellbasell Industries N.V.
8.6 Jiangsu Sopo (Group) Co.Ltd.
8.7 Shanghai Huayi (Group) Company
8.8 Kingboard Chemical Holdings Ltd.
8.9 Shandong Hualu-Hengsheng Chemical Co. Ltd.
8.10 Yankuang Cathay Coal Chemicals Co. Ltd.
About Us
Market Research Engine (MRE) is a next-generation provider of syndicated research, customized research, and consulting services. MRE’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each Market Research Engine’s research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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