Acetic Acid Market 2017 To 2022

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Acetic Acid Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022
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Report Description and Highlights
Report Description
Global Acetic Acid Market Driven by Rising
Demand for VAM and PTA in Developing
Regions The global acetic acid market is
witnessing a positive growth owing to the growing
demand for acetic acid and its derivatives, such
as VAM and PTA, particularly in the developing
countries. This can be attributed to the
increasing industrialisation and urbanisation
rates in these countries. Acetic acid or
ethanoic acid is a colourless liquid with pungent
odour and represents an important chemical
reagent, particularly in organic chemistry. The
chemical production of acetic acid takes place
via carbonylation of methanol. It is used as a
feedstock in the manufacturing of various
synthetic chemicals, ranging from polymers to
esters. It is also utilised as a food additive
and solvent for various industrial processes.
According to IMARC Groups new report, titled,
Acetic Acid Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022, the global acetic acid production has
grown at a CAGR of more than 6 during 2009
2016. Read full report _at_ http//www.imarcgroup.c
om/acetic-acid-technical-material-market-report
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the global acetic acid market
• VAM (vinyl acetate monomer), represents the
  fastest growing end-use industry.
• Growing demand for VAM and PTA is expected to be
  the major driving factor.
• Asia dominates the global production, followed by
  North America, Middle East and Africa.
•  
• The single largest derivative of acetic acid is
  VAM (vinyl acetate monomer), which is used in the
  production of adhesives and sealants, paper
  coatings, textile finishes, photographic films,
  etc. Another important derivative, PTA (purified
  terephthalic acid), is used in the construction
  and packaging industries. Acetic anhydride, also
  derived from acetic acid, is used in the
  conversion of cellulose to cellulose acetate.
  Currently, as a result of the increasing
  industrialisation and urbanisation rates,
  particularly in developing regions like
  Asia-Pacific, Middle-East and Latin America, the
  demand for acetic acid and its derivatives
  (primarily VAM and PTA) has increased in various
  end-use industries. Moreover, the increasing
  demand for vinegar is also triggering the market
  due to its wide applications.
• Request Sample of the Report http//www.imarcgrou
  p.com/request?typereportid591flagB

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Report Description and Highlights
Report Description

• On the basis of end-use, the largest and one of
  the fastest growing end-use sector is vinyl
  acetate monomer (VAM) industry which accounts for
  around one-third of the total global consumption.
  It is followed by PTA, acetic anhydride, ethyl
  acetate and butyl acetate manufacturing
  industries. On the basis of key regions, Asia
  currently represents the largest producer,
  accounting for the majority of the total global
  production.  Other major regions include Europe,
  North America and Middle East Africa. Some of
  the key players operating in this market include
  Celanese, Jiangsu Sopo, Reliance, Shanghai
  Wujing, BP Chemicals etc.
• The report by IMARC Group has examined the global
  acetic acid market on the basis of
• End-use
• VAM
• PTA
• Anhydride
• Ethyl acetate
• Butyl acetate
• Region
• China
• North America
• Western/Eastern Europe
• North East Asia
• South East Asia
• Middle East Africa

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Report Description and Highlights
Report Description

• Major Manufacturers
• British Petroleum
• Celanese
• Shanghai Wujing
• Jiangsu Sopo
• Reliance
• Find more reports related to Chemical and
  Materials Industry_at_ http//www.imarcgroup.com/cate
  gories/chemicals-market-reports

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Report Description and Highlights
Report Description

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