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Acetic Acid Market By Application Analysis (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetate Esters, Acetic Anhydride & Others) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Acetic acid is one of the raw material used in the manufacturing of chemicals such as vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetate esters and acetic anhydride. These chemicals are further used in various end users industries such as automobile, construction, textiles among others. This report includes overall acetic acid market by its application and by geography.

This study provide forecasts of the major regions and market trends affecting global acetic acid demand. The study also includes analysis of the major factors driving and restraining the market growth. Overall, the study presents a complete analysis of the global acetic acid market, covering all its major parameters.

By applications types it includes vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetate esters and acetic anhydride among others.  By geography it includes regions such as North America, Europe, Asia Pacific, and RoW. Where in market share of each is analysed and estimates are provided for the next seven years.

Adoption of innovative technologies is providing the companies a competitive advantage to enhance their market share. Some of the major players present in this market are DuPont, BASF SE, Showa Denko K.K, Jiangsu Sopo (Group) Co., Ltd, British Petroleum (BP), Celanese, and Eastman Chemicals.

Purpose of the Report

The purpose of this strategic research study titled “Global Acetic Acid Market” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global acetic acid market.

Target Audience

  • Industry investors
  • Raw material suppliers
  • Distributors
  • Manufacturers
  • Retailers
  • Companies who want to enter the market and companies who want to diversify their product portfolio

USP and Key Offerings

This report analyses the worldwide markets for acetic acid in USD million & kilo tons by the following application types vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetate esters and acetic anhydride –& others. The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific and Rest of World (RoW). Annual estimates and forecasts are provided for the period 2014 through 2022 and market growth rate is calculated from 2015 to 2022. Market data and analytics are derived from primary and secondary research. We have considered demand side approach of the market. Competitive analysis is primarily based on public domain information including company URLs and company annual report.

Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within acetic acid market
  • Market drivers, market restraints, and their impact on the market growth
  • In-depth competitive analysis of players present in the market
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global acetic acid market, of growth offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

The application segments covered in the study include vinyl acetate monomer, purified terephthalic acid (PTA), acetate esters and acetic anhydride and others. Vinyl acetate monomer is the largest application segment for acetic acid. It accounted for 33% share of the market in 2014 in terms of volume and revenue. In 2014, the consumption of acetic acid in manufacturing of VAM generated revenue of USD 2,994.75 million. The market is mainly driven by huge demand of VAM from adhesive and sealant industry. 

Acetic Acid Market

Acetate Esters segment is projected to be the highest growth segment of the market, which is primarily driven by the growing demand from coatings industry.

On the basis of geography, the global acetic acid market is segmented into following regions,

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia Pacific
  • Rest of the World
    • Brazil
    • Rest of RoW

Globally, Asia Pacific is the largest and fastest growing market of acetic acid. In Asia Pacific, China accounts for more than 35% share of the market. North America and Europe are comparatively mature market and projected to witness average growth rates during the forecast period.

 

Acetic Acid Market

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Published Date:  Apr 2016
Category:  Chemicals
Report ID:   57808
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
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