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Acetic Acid Market 2019 – Growth Analysis by Industry Size, Share, Latest Updates, Opportunities, Investment Cost and Forecast to 2024

Acetic

The “Acetic Acid Market” report 2019 covers all the significant developments which are recently being adopted across the global market. The prime objective of Acetic Acid market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. The Acetic Acid market report covers both the demand and supply aspect of the market. The report also highlighted the future trends in the Acetic Acid market that will impact the demand during the forecast period.

Scope of the Report:

  • This report studies the global Acetic Acid market size, industry status and forecast, competition landscape and growth opportunity.

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    Market Overview:

  • The market for acetic acid is expected to expand at a CAGR of more than 4.30% during the forecast period of 2019-2024. Major factors that drive the market studied include growing textile and packaging industry and increasing use of ester solvents in the paints and coating industry.
  • – Saturation of demand for acetic acid in the developing countries is expected to hinder the growth of the market studied.
  • – Development of new separation technologies to increase production efficiency is expected to act as an opportunity in the future.<

    Some of the Top Key Players of Acetic Acid Market Report Are:

  • BP PLC
  • Celanese Corporation
  • Chang Chun Group.
  • China Petrochemical Corporation
  • Chiyoda Corporation
  • Daicel Corporation
  • DowDuPont
  • Eastman Chemical Company
  • GNFC Limited
  • HELM AG
  • Huayi Group
  • Jiangsu Chuangpu Information Technology Co. Ltd
  • Kanoria Chemicals & Industries Ltd
  • Kingboard Holdings Limited
  • LyondellBasell Industries Holdings BV
  • Mitsubishi Chemical Corporation
  • PetroChina Company Limited
  • SABIC
  • SASOL
  • Shandong Hualu
  • Hengsheng Chemical Co. Ltd
  • Showa Denko K.K.
  • Sipchem
  • Svensk Etanolkemi AB (SEKAB)
  • Wacker Chemie AG
  • Yankuang Group

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Vinyl Acetate Monomer (VAM) to Dominate the Market

    – Vinyl acetate monomer is a chemical building block used for a wide variety of industrial and consumer products. Polyvinyl acetate is used in the production of paints and coatings and adhesives, for flexible substrates, as well as for sizing the polyester fiber-fill insulation textiles.
    – VAM is a key raw material in the manufacturing of water-based adhesives, which accounts for significant use in the global adhesives and sealants market.
    – Vinyl acetate monomer (VAM) dominated the market for acetic acid in 2018. It accounted for over 30% of the total market in terms of volume, owing to the extensive use of VAM in the paints and coatings, textile, and adhesives and sealants market.
    – Furthermore, the increasing demand from Asia-Pacific is expected to boost the demand for acetic acid, during the forecast period.
    – In Europe, Germany represents the largest market for VAM. In terms of volume, the country accounted for more than 32% of the total consumption in Europe, owing to the strong and steady textile and packaging market.
    – Therefore, the increasing demand of VAM in various regions is expected to increase the demand for acetic acid over the forecast period.

    Asia-Pacific Region to Dominate the Market

    – Asia-Pacific is the largest consumer of acetic acid in the global market. The Asia-Pacific market is anticipated to be the largest market for the textile industry, owing to the strong industrial base of the region.
    – Furthermore, factors such as increasing population and improving economic condition (such as rising GDP and disposable income of the people), drive the market in the region and boosting the manufacturing sector.
    – China is the largest market for VAM worldwide. In terms of volume, the country accounted for more than 30% of the global consumption. This large share is because of the strong and steady textile and packaging market of China.
    – Furthermore, the local market provides an ample amount of opportunities for local vendors to invest in the market.
    – The Asia-Pacific is estimated to have the highest growth in the market during the forecasted period, owing to its extensive growing demand for industrial fabrics.

    The Report Covers:

    • Comprehensive research methodology of Acetic Acid market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Acetic Acid market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Acetic Acid Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing demand for Vinyl Acetate Monomer (VAM)
    4.1.2 Increasing Demand from Textile and Packaging Industry
    4.1.3 Increasing use of Ester Solvents in the Paints and Coating Industry
    4.2 Restraints
    4.2.1 Saturation of Demand of Acetic Acid in Developed Nations
    4.2.2 Environmental Concerns Regarding the Harmful Effects
    4.3 Industry Value-Chain Analysis
    4.4 Porters Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Import and Export Trends
    4.6 Price Trends
    4.7 Feedstock Analysis
    4.8 Technological Snapshot

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Vinyl Acetate Monomer (VAM)
    5.1.2 Purified Terephthalic Acid (PTA)
    5.1.3 Acetate Esters
    5.1.4 Acetic Anhydride
    5.1.5 Other Applications
    5.2 By End-user Industry
    5.2.1 Plastics and Polymers
    5.2.2 Food and Beverage
    5.2.3 Inks, Paints, and Coatings
    5.2.4 Chemicals
    5.2.5 Other End-user Industries
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 BP PLC
    6.4.2 Celanese Corporation
    6.4.3 Chang Chun Group.
    6.4.4 China Petrochemical Corporation
    6.4.5 Chiyoda Corporation
    6.4.6 Daicel Corporation
    6.4.7 DowDuPont
    6.4.8 Eastman Chemical Company
    6.4.9 GNFC Limited
    6.4.10 HELM AG
    6.4.11 Huayi Group
    6.4.12 Jiangsu Chuangpu Information Technology Co. Ltd
    6.4.13 Kanoria Chemicals & Industries Ltd
    6.4.14 Kingboard Holdings Limited
    6.4.15 LyondellBasell Industries Holdings BV
    6.4.16 Mitsubishi Chemical Corporation
    6.4.17 PetroChina Company Limited
    6.4.18 SABIC
    6.4.19 SASOL
    6.4.20 Shandong Hualu-Hengsheng Chemical Co. Ltd
    6.4.21 Showa Denko K.K.
    6.4.22 Sipchem
    6.4.23 Svensk Etanolkemi AB (SEKAB)
    6.4.24 Wacker Chemie AG
    6.4.25 Yankuang Group

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Development of New Separation Technologies to increase the production efficiency
    7.2 Others

     

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