Acetic Acid Market Size, Share, Opportunities, And Trends By Application (Vinyl Acetate Monomer, Purified Terephthalic Acid, Acetic Anhydride, Others), By Industry Vertical (Textile, Chemical, Pharmaceutical, Plastic, Others), And By Geography - Forecasts From 2019 To 2024

Published:  Mar 2021 Report Code: KSI061610403 Pages: 114
The global acetic acid market was valued at US$7.929 billion in 2018 and is projected to grow at a CAGR of 3.66% during the forecast period. By volume, the acetic acid market is estimated to reach 20.000 million metric tonnes by 2024. Acetic Acid belongs to the organic acid family that is majorly used as a feedstock to produce products like Vinyl Acetate Monomer (VMA), PTA, and other products that are widely used in adhesives, paints and coatings, dyes, and other industries. The demand for acetic acid, also known as Ethanoic Acid, is primarily driven by the textile, chemical, and pharmaceutical industry. Rapid industrialization along with growing investment in building and infrastructure is playing a crucial role in the increased demand for acetic acid. The burgeoning demand for bottled water on account of the growing consciousness among the population regarding safe drinking water is leading to increased PET bottles production which in turn is impacting the acetic acid demand positively in the plastic industry.       
 
DRIVERS
Rising Investment in building and infrastructure
Burgeoning demand for bottled water across the globe
 
RESTRAINTS
Presence of substitutes
 
INDUSTRY UPDATE
In May 2018, Celanese Corporation has invested in expanding acetic acid production capacity by 2020 so as to keep pace with the growing need of the industries.
 
The major players profiled in the global acetic acid market include Celanese Corporation, Eastman Chemical Company, DAICEL CORPORATION, LyondellBasell Industries Holdings B.V., DuPont de Nemours, Inc., Wacker Chemie AG, Mitsubishi Chemical Corporation, BP p.l.c., PetroChina Company Limited, and GNFC.
 
Segmentation
The global acetic acid market has been analyzed through the following segments:
By Application
Vinyl Acetate Monomer (VAM)
Purified Terephthalic Acid (PTA)
Acetic Anhydride
Others
 
By Industry Vertical
Textile
Chemical
Pharmaceutical
Plastic
Others
 
By Geography
North America
USA
Canada
Mexico
 
South America
Brazil
Argentina
Others
 
Europe
Germany
France
United Kingdom
Others
 
Middle East and Africa
Saudi Arabia
Israel
Others
 
Asia Pacific
China
Japan
India
Others               
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY 
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL ACETIC ACID MARKET BY APPLICATION
5.1. Vinyl Acetate Monomer (VAM)
5.2. Purified Terephthalic Acid (PTA)
5.3. Acetic Anhydride
5.4. Others
6. GLOBAL ACETIC ACID MARKET BY INDUSTRY VERTICAL
6.1. Textile
6.2. Chemical
6.3. Pharmaceutical
6.4. Plastic
6.5. Others
7. GLOBAL ACETIC ACID MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. India
7.5.4. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Celanese Corporation
9.2. Eastman Chemical Company
9.3. DAICEL CORPORATION
9.4. LyondellBasell Industries Holdings B.V.
9.5. DuPont de Nemours, Inc.
9.6. Wacker Chemie AG
9.7. Mitsubishi Chemical Corporation
9.8. BP p.l.c.
9.9. PetroChina Company Limited
9.10. GNFC
LIST OF FIGURES
LIST OF TABLES 
Celanese Corporation
Eastman Chemical Company
DAICEL CORPORATION
LyondellBasell Industries Holdings B.V.
DuPont de Nemours, Inc.
Wacker Chemie AG
Mitsubishi Chemical Corporation
BP p.l.c.
PetroChina Company Limited
GNFC

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