Global Acetic Acid Market - Growing at a CAGR of 8.5% between 2016 and 2021
Global acetic acid market accounted for USD 8.37 billion in 2015 and is expected to reach USD 13.65by 2021, growing at a CAGR of around 8.5% during 2016 and 2021.
Global acetic acid market accounted for USD 8.37 billion in 2015 and is expected to reach USD 13.65by 2021, growing at a CAGR of around 8.5% during 2016 and 2021.
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Published By: Zion <strong>Market</strong> Research<br />
<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong> for VAM, Acet<strong>at</strong>e Esters, <strong>Acetic</strong> Anhydride, PTA <strong>and</strong> Other<br />
Applic<strong>at</strong>ion: <strong>Global</strong> Industry Perspective, Comprehensive Analysis, Size, Share, Growth,<br />
Segment, Trends <strong>and</strong> Forecast, 2015 – <strong>2021</strong><br />
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<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong><br />
Zion Research has published a new report titled “<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong> for VAM, Acet<strong>at</strong>e Esters,<br />
<strong>Acetic</strong> Anhydride, PTA <strong>and</strong> Other Applic<strong>at</strong>ion: <strong>Global</strong> Industry Perspective, Comprehensive<br />
Analysis <strong>and</strong> Forecast, 2015 - <strong>2021</strong>.” According to the report, the global acetic acid market accounted<br />
for USD 8.37 billion in 2015 <strong>and</strong> is expected to reach USD 13.65by <strong>2021</strong>, growing <strong>at</strong> a <strong>CAGR</strong> <strong>of</strong><br />
around <strong>8.5%</strong> <strong>between</strong> <strong>2016</strong> <strong>and</strong> <strong>2021</strong>.<br />
The market growth <strong>of</strong> global acetic acid market has been acceler<strong>at</strong>ed by rising dem<strong>and</strong> for vinegar<br />
owing to numerous health benefits associ<strong>at</strong>ed with it. Increasing consumption <strong>of</strong> PTA in the textile<br />
industry for polyester manufacturing coupled with increasing dem<strong>and</strong> <strong>of</strong> VAM which is used as a<br />
precursor is expected to propel the growth <strong>of</strong> the acetic acid market in coming years. Furthermore,<br />
growing textile & packaging industry is expected to fuel the growth <strong>of</strong> the acetic acid market.In<br />
addition,being a chemical reagent <strong>and</strong> industrial chemical,it is used in the production <strong>of</strong> cellulose<br />
acet<strong>at</strong>e for photographic film, while polyvinyl acet<strong>at</strong>e for synthetic fibers <strong>and</strong> fabrics.However,<br />
vol<strong>at</strong>ile prices <strong>of</strong> methanol <strong>and</strong> m<strong>at</strong>ure market <strong>of</strong> acetic anhydride may restrict the growth <strong>of</strong> the<br />
market.Nonetheless,increasing dem<strong>and</strong> for industrial applic<strong>at</strong>ion is likely to open growth<br />
opportunities for the market in the near future.<br />
Browse the full "<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong> for VAM, Acet<strong>at</strong>e Esters, <strong>Acetic</strong> Anhydride, PTA <strong>and</strong> Other<br />
Applic<strong>at</strong>ion: <strong>Global</strong> Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment,<br />
Trends <strong>and</strong> Forecast, 2015 – <strong>2021</strong>" report <strong>at</strong> https://www.zionmarketresearch.com/report/aceticacid-market
<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong><br />
Vinyl acet<strong>at</strong>e monomer (VAM) segment domin<strong>at</strong>ed the acetic acid market with over 30% share <strong>of</strong><br />
total volume consumption in 2015.<br />
In terms <strong>of</strong> geography, Asia Pacific is the largest market in terms <strong>of</strong> consumption <strong>and</strong> production.<br />
China holds more than 40% <strong>of</strong> production share in 2015. Rising manufacturing industries in Asia
<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong><br />
Pacific is expected to prompt the growth <strong>of</strong> acetic acid market in coming years. The North America<br />
is projected to grow with <strong>CAGR</strong> <strong>of</strong> 3.6%.<br />
Some <strong>of</strong> the key players include in acetic acid market such asEastman Chemical Company, Jiangsu<br />
Sopo Co. Ltd, Kingboard Chemical Holdings Ltd, LyondellBasell Industries N.V., BP Plc, SABIC,<br />
Sasol, Petro China, Daicel Corpor<strong>at</strong>ion, Celanese Corpor<strong>at</strong>ion <strong>and</strong> among others.<br />
This report segments the global acetic acid market as follows:<br />
<strong>Global</strong> <strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong>: Applic<strong>at</strong>ion Segment Analysis<br />
<br />
<br />
<br />
<br />
<br />
VAM<br />
Acet<strong>at</strong>e Esters<br />
<strong>Acetic</strong> anhydride<br />
PTA<br />
Other<br />
<strong>Global</strong> <strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong>: Regional Segment Analysis<br />
<br />
<br />
North America<br />
o U.S.<br />
Europe<br />
o Germany<br />
o UK
<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong><br />
<br />
<br />
<br />
o France<br />
Asia Pacific<br />
o China<br />
o Japan<br />
o India<br />
L<strong>at</strong>in America<br />
o Brazil<br />
Middle East <strong>and</strong> Africa<br />
Free sample report visit <strong>at</strong> https://www.zionmarketresearch.com/sample/acetic-acid-market
<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong><br />
Browse the full "<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong> for VAM, Acet<strong>at</strong>e Esters, <strong>Acetic</strong> Anhydride, PTA <strong>and</strong> Other<br />
Applic<strong>at</strong>ion: <strong>Global</strong> Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment,<br />
Trends <strong>and</strong> Forecast, 2015 – <strong>2021</strong>" report <strong>at</strong> https://www.zionmarketresearch.com/report/aceticacid-market<br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United St<strong>at</strong>es<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com
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