Acetic Acid industry applications to witness the highest CAGR

Press release   •   Mar 22, 2018 08:05 EDT

The report, "Acetic Acid Market & Its Derivatives (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetic Anhydride, & Ester Solvents- Ethyl Acetate & Butyl Acetate) Market By Applications & Geography – Trends & Forecasts to 2018 " ,defines and segments the global acetic acid & its derivatives market with analysis and forecasting of the global volume and value.

Acetic acid market is expected to reach at an estimated volume of 16,339.67 kilotons by 2018, signifying a firm annualized growth rate of over 4.48% from 2013 to 2018.

Currently, Asia-Pacific is the largest market and all of its downstream derivatives, which consumed more than 60.00% of the overall global consumption in 2012. Among all the countries, China dominates the market. The country consumed maximum volume of this product in 2012.

The overall demand in the industry is driven by the producers of vinyl acetate monomer (VAM), purified terephthalic acid (PTA), and ester solvents consuming almost 73.00% of the total demand in 2012.

Top Industry players analyzed in this research are: BP Plc (U.K.), Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), Shanghai Huayi (Group) Company (China), Daicel Corporation (Japan), LyondellBasell Industries N.V. (The Netherlands), Shandong Hualu-Hengsheng Chemical Co. Ltd. (China), Yankuang Cathay Coal Chemicals Co. Ltd. (China), Jiangsu Sopo (Group) Co. Ltd. (China),and Kingboard Chemical Holdings Ltd. (HongKong).

The Asia-Pacific region is the most promising chemical market and is expected to be the same in the near future. Asia-Pacific is the worlds largest market of acetic acid, which consumed more than half of the total global demand in 2012, and also for most of its applications that include vinyl acetate monomer, purified terephthalic acid,acetic anhydride, and ester solvents - ethyl acetate & butyl acetate.

Growth Drivers

  • Budding Vinyl Acetate Monomer Demand
  • Growing Textile & Packaging Industry
  • Growing Demand in Asia-Pacific
  • Increasing Penetration of Ester Solvents in Coating Industry
  • ØFor more information Acetic Acid @Click Here

Table of Contents

1 Introduction

2 Executive Summary

3 Premium Insights

4 Market Overview

5 Acetic Acid Market

6 Acetic Acid Derivatives Market

7 Competitive Landscape

8 Company Profiles (Overview, Financial*, Products & Services, Strategy, And Developments)

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