openPR Logo
Press release

Revenues over US$10.31 bn will be Accounted by Acetic Acid Market by 2018-End

Revenues over US$10.31 bn will be Accounted by Acetic Acid Market

The strong outlook of the global adhesives industry combined with the increasing demand for polyethylene terephthalate (PET) will drive demand for acetic acid in the coming years, finds Transparency Market Research in its latest report. The market study, titled ‘Acetic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018,’ states that the market will log a 9.3% CAGR through the report’s forecast period. While the global acetic acid market was valued at US$5.93 bn in 2011, it will stand at US$10.31 bn by 2018.

Browse the full Acetic Acid Market for VAM, PTA, Acetate Esters, Acetic Anhydride and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1638

The report also estimates the global acetic acid market in volume terms. When studied thus, the report notes that the demand for acetic acid was 9,612.5 kilo tons in 2011 globally. In terms of volume, the global acetic acid market is expected to post a 4.8% CAGR over the report’s forecast period. Although projected to exhibit good growth in terms of both revenue and volume, the volatility in raw material prices will adversely impact the global acetic acid market. However, the impact of this restraint can potentially be alleviated by the emerging opportunity of TCX technology, which marks a breakthrough in the production of fuel ethanol.

Acetic acid witnesses a high demand from various chemical processes as it is an important chemical reagent. Besides industrial uses, acetic acid also finds applications in the form of a condiment, food additive, as well as a descaling agent. Acetic acid is produced either via methanol carbonylation or acetaldehyde oxidation. The former method is used for producing about 75% of acetic acid globally.

On the basis of applications, the report segments the global acetic acid market into vinyl acetate monomer (VAM), acetate esters, purified terephthalic acid (PTA), and acetic anhydride. Of these, VAM and PTA are the leading applications of acetic acid, collectively accounting for more than 55% of the total acetic acid consumption globally in 2011. End-use industries such as adhesives and sealants and packaging are seen to stimulate the demand for both of these applications over the report’s forecast period. The demand for VAM is projected to remain strong through 2018 thanks primarily to high demand from end-use industries. TMR analysts expect PTA to show the highest rate of growth till 2018 among all application types in the global acetic acid market.

Likewise, the study also segments the global acetic acid market on the basis of geography for an in-depth analysis. Segmented thus, the market is composed of North America, Europe, China, Rest of Asia Pacific, and Rest of the World. In 2011, China consumed an estimated 36.2% of all acetic acid produced globally, making it the single-largest market for acetic acid. China’s leading position in the acetic acid market can be credited to a high degree of industrialization in the country, backed duly by strong economic progress. The China acetic acid market is projected to log a CAGR of 5.4% between 2012 and 2018. The growth of the acetic acid market will not be as promising in North America and Europe because demand from end-use industries here nearing a point of saturation.

Request For Report Table of Contents (TOC): https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=1638

From the competitive standpoint, the global acetic acid market is characterized by the dominance of the four top market players, who collectively hold over 60% of the market. Leading players in the acetic acid market are: Celanese Corporation, British Petroleum PLC, Eastman Chemical, JinagsuSopo, SABIC, and LyondellBasell.

About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’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 TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact US
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Website: https://www.transparencymarketresearch.com/
Email: sales@transparencymarketresearch.com

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 Revenues over US$10.31 bn will be Accounted by Acetic Acid Market by 2018-End here

News-ID: 861911 • Views: 105

More Releases from Transparency Market Research

Fuel Dispenser Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Albany, NY - Fuel Dispenser Market: Introduction In terms of value, the global fuel dispenser market is expected to reach ~US$ 2 Bn by 2030, expanding at a CAGR of ~4% during the forecast period. Based on volume, the global fuel dispenser market is estimated to reach 662,058 units by 2030, expanding at a CAGR of ~4% during the forecast period. In terms of type, the submersible system segment holds leading
Brazil Flavored and Functional Water Market Outlook, Gains Traction, Analysis An …
According to the report, the market will exhibit an impressive CAGR of 7.3% during the projection period. With this rate of growth, by the end of 2024, the market will be valued around US$9.4 bn. It is a considerable growth from the initial valuation recorded at US$5 bn in 2015. A new report by Transparency Market Research expects the Brazil flavored functional water market to grow at considerable pace over
Advantame Market Trends , Incredible Growth Opportunities, Volume, Value Growth …
Increasing health issues among the population led to an increase in the demand for non-caloric sweetener. In the global food and beverage market, the demand for advantame is on rising owing to its non-caloric sweetener properties. Advantame is one of the most recent, high potency low-calorie sweeteners to arrive in the food and beverage market with clean sugar-like the taste. The rising consumption of unhealthy/ comfort sugary food with high calories
Trends in the Feed ingredients - Outlook, Share and Opportunities in Grooming Re …
Escalating demand for high nutritional value meat is one of the major factor driving the growth of global feed ingredients market. In the global meat products market, safety is one of the major concern among meat manufacturers owing to stringent rules laid by government organizations during the handling, procurement, processing, storage, and distribution of animal products. The inclusion of high nutritive value feed ingredient into animal feed results in more

All 5 Releases


More Releases for Acetic

Bio-Acetic Acid Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Bio-Acetic Acid Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-bio-acetic-acid-market_p106534.html   Bio-Acetic acid is a clear, colorless liquid with
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
Acetic Acid Market Industry Analysis and Opportunity Assessment by 2027
Acetic acid, also known as ethanoic acid is a colourless liquid, which has a sour smell and distinct and strong pungent. Acetic acid is mainly produced by methanol carbonylation technique. Acetic acid is also used for producing chemical contents including Vinyl acetate monomer (VAM), Purified Terephthalic Acid (PTA), etc. Acetic acid is used in various industries such as rubber, plastics, pharmaceutical, construction, paint and other industries. It is also
Acetic acid Market by Application (Vinyl Acetate Monomer, Terephthalic acid, Ace …
The "Global Acetic Acid Market- - Industry Analysis, Share, Trend, Market Size and Forecast" was estimated to be around US$ 5.9 billion in 2017 and is anticipated to grow with 8.0% of growth rate during the future period. This report segments the global Acetic Acid market by application and geography. The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2016 as
Acetic Ether Market to Witness Widespread Expansion During 2017 - 2027
Acetic ether is a colorless organic compound and is formed by reacting ethanol with acetic acid. Acetic ether is mainly employed as solvent in various application segments such as coatings formulations including urethanes, cellulosic, vinyl and acrylics among others .Other niche applications include nail polish removers, glue and cigarettes among others. Cellulosic application segment dominates the global demand for acetic ether. Major end user industries for acetic ether include perfume, varnishes
Acetic Anhydride Market to Record Ascending Growth by 2021
Acetic anhydride is manufactured by carbonylation of acetate. It is also manufactured by the reaction of ketene with acetic acid. Acetic anhydride acid is colorless and has a pungent odor. Acetic anhydride is majorly consumed in cellulose acetates. Cellulose acetate flakes include cellulose acetate propionate (CAP), cellulose di-acetate and cellulose tri-acetate. Cellulose acetate flakes are used in cigarette filters, plastics and filament yarns. To access full report @ http://www.persistencemarketresearch.com/market-research/acetic-anhydride-market.asp In terms of