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http:www.sense2.aucategory136promotional-badges Acetic Acid Market Present Scenario and Growth Prospects 2015 ??2022
by Jitendra Magar · September 25, 2018
According to a recent study conducted by Hexa Research, global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for
applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer
(VAM) will contribute to this growth. PTA is increasingly being consumed for
manufacturing polyester, which is an important constituent of the textile and
packaging industries. PTA is expected to witness the fastest growth with a CAGR
of more than 4.9% from 2015 to 2022. The total global acetic acid demand for PTA
was more than 2,450 kilo tons in
2014 Jacoby
Brissett Jersey , which is likely to rise to more than 3,750 kilo tons in
2020.
VAM is utilized in the manufacture of chemicals like EVA and EVAC. There is growing consumption of these chemicals in the solvents and adhesives industry,
leading to rising demand for VAM. Demand for acetic acid in VAM was more than
3,500 kilo tons in 2014. This application segment is expected to grow at a CAGR
of more than 3.9% from 2015 to 2022. VAM will be increasingly demanded by
developing economies like China, India and
Brazil T.J. Green
Jersey , consequently leading to growth of acetic acid market in future.
Hexa Research observed that China led the global acetic acid market in 2012 with a share of more than 39% of volumes. A strong manufacturing base and
possible expansion of the same in future will contribute to China retaining its
market leadership. Asia Pacific followed China in terms of market share, with
key demand emerging from India and Japan. The acetic acid industry in Asia is
likely to grow at a CAGR of more than 10% from 2015 to 2022.
Browse Details of Report @ ?
Hexa Research identifies Celanese, BP, DuPont, Eastman Chemicals Marlon Mack
Jersey , BASF, Wacker Chemie and Jiangsu Sopo (Group) Co., Ltd., among
others, to be the key participants in the global acetic acid market. The
industry showcases a fragmented nature with several manufacturers operating at
varied levels of capacities.
[u]Table of Contents[/u]
[u][u]Chapter 1 Executive Summary
1.1 Acetic Acid –?Industry Summary & Critical Success Factors (CSFs)
[/u][/u]
[u][u]Chapter 2 Acetic Acid Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Market Dynamics
2.4 Value Chain Analysis
2.5 Raw Material Analysis
2.6 Key Opportunities Prioritized
2.7 Acetic Acid – Company Market Share Analysis
2.8 Acetic Acid – PESTEL Analysis
[/u][/u]
[u][u]Chapter 3 Acetic Acid Application Outlook
3.1 VAM
3.2 PTA
3.3 Acetate Esters
3.4 Acetic Anhydride
3.5 Others[/u][/u]
[u][u]Chapter 4 Acetic Acid Regional Outlook
4.1 North America
4.2 Europe
4.3 China
4.4 Rest of Asia
4.5 RoW[/u][/u]
[u][u]Chapter 5 Acetic Acid Competitive landscape
5.1Celanese
5.1.1Company Overview
5.1.2 Financial Performance
5.1.3 Product Benchmarking
5.1.4 Strategic Initiatives
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[/u][/u]
