Acetic Acid Market - Forecasts from 2018 to 2023
Acetic Acid is an organic compound and is an ecologically friendly product and a key component for producing various chemicals, such as Purified Terephthalic Acid (PTA), Acetate Esters, Vinyl Acetate Monomer (VAM) and acetic anhydride. These chemicals are used by a large number of end-user industries, such as textiles, synthetic fibers, pesticides, and inks. It is used for acetic anhydride production and also cellulose flake production. Adoption of innovative and path-breaking technologies is has helped Acetic acid manufacturers to gain a competitive edge. However, volatile prices of methanol, a key component in the manufacturing of the acid is restraining the market growth.
Asia-Pacific region is the most promising region and is projected to witness the fastest growth over the next six years. It is the world’s largest market for acetic acid, which dominates more than half of the overall global demand, and also for most of its byproducts.
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Acetic Acid. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Acetic Acid market has been segmented by Application and Geography as below:
- By Application
- Vinyl Acetate Monomer(VAM)
- Purified Terephthalic Acid(PTA)
- Acetic Anhydride
- Acetate Esters
- By Geography
- North America
- South America
- Europe Middle East and Africa
- Middle East and Africa
- Asia Pacific
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Eastman Chemical Company, PetroChina, Celanese Corporation and BASF among others.
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentations
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
5. Acetic Acid Market Forecast by Application (US$ billion)
5.1. Vinyl Acetate Monomer(VAM)
5.2. Purified Terephthalic Acid
5.3. Acetate Esters
5.4. Acetic Anhydride
6. Acetic Acid Market Forecast by Geography (US$ billion)
6.1.1. North America
6.1.2. South America
6.2. Europe Middle East and Africa
6.2.2. Middle East and Africa
6.3. Asia Pacific
7. Competitive Intelligence
7.1. Investment Analysis
7.2. Recent Deals
7.3. Strategies of Key Players
8. Company Profiles
8.1. Celanese Corporation
8.2. Eastman Chemicals
8.3. Wacker Chemie
8.4. Kingboard Chemicals Holdings Ltd.
8.5. Daicel Corporation
8.7. Lyondell Basell Industries
8.8. Celanese Corporation