Global Acetic Acid Market Trends, Share, Size and Forecast 2017-2022
According to IMARC Group’s new report “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 6.2% during 2009-2016. To get more information about the market, please visit @ http://www.imarcgroup.com/acetic-acid-technical-material-market-report Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: http://www.imarcgroup.com Follow us on twitter : @imarcglobal
According to IMARC Group’s new report “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 6.2% during 2009-2016.
To get more information about the market, please visit @ http://www.imarcgroup.com/acetic-acid-technical-material-market-report
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<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong>: <strong>Global</strong> Industry <strong>Trends</strong>, <strong>Share</strong>, <strong>Size</strong>,<br />
Growth, Opportunity <strong>and</strong> <strong>Forecast</strong> <strong>2017</strong>-<strong>2022</strong><br />
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Report Description <strong>and</strong> Highlights<br />
Report Description<br />
<strong>Global</strong> <strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong> Driven by Rising Dem<strong>and</strong> for VAM <strong>and</strong> PTA in Developing<br />
Regions<br />
The global acetic acid market is witnessing a positive growth owing to the growing dem<strong>and</strong> for<br />
acetic acid <strong>and</strong> its derivatives, such as VAM <strong>and</strong> PTA, particularly in the developing countries. This<br />
can be attributed to the increasing industrialisation <strong>and</strong> urbanisation rates in these countries.<br />
<strong>Acetic</strong> acid or ethanoic acid is a colourless liquid with pungent odour <strong>and</strong> represents an important chemical<br />
reagent, particularly in organic chemistry. The chemical production of acetic acid takes place via carbonylation of<br />
methanol. It is used as a feedstock in the manufacturing of various synthetic chemicals, ranging from polymers to<br />
esters. It is also utilised as a food additive <strong>and</strong> solvent for various industrial processes. According to IMARC<br />
Group’s new report, titled, “<strong>Acetic</strong> <strong>Acid</strong> <strong>Market</strong>: <strong>Global</strong> Industry <strong>Trends</strong>, <strong>Share</strong>, <strong>Size</strong>, Growth, Opportunity <strong>and</strong><br />
<strong>Forecast</strong> <strong>2017</strong>-<strong>2022</strong>”, the global acetic acid production has grown at a CAGR of more than 6% during 2009 –<br />
2016.<br />
Read full report @ http://www.imarcgroup.com/acetic-acid-technical-material-market-report
Report Description <strong>and</strong> Highlights<br />
Report Description
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
Highlights of the global acetic acid market:<br />
• VAM (vinyl acetate monomer), represents the fastest growing end-use industry.<br />
• Growing dem<strong>and</strong> for VAM <strong>and</strong> PTA is expected to be the major driving factor.<br />
• Asia dominates the global production, followed by North America, Middle East <strong>and</strong> Africa.<br />
The single largest derivative of acetic acid is VAM (vinyl acetate monomer), which is used in the<br />
production of adhesives <strong>and</strong> sealants, paper coatings, textile finishes, photographic films, etc.<br />
Another important derivative, PTA (purified terephthalic acid), is used in the construction <strong>and</strong><br />
packaging industries. <strong>Acetic</strong> anhydride, also derived from acetic acid, is used in the conversion of<br />
cellulose to cellulose acetate. Currently, as a result of the increasing industrialisation <strong>and</strong><br />
urbanisation rates, particularly in developing regions like Asia-Pacific, Middle-East <strong>and</strong> Latin<br />
America, the dem<strong>and</strong> for acetic acid <strong>and</strong> its derivatives (primarily VAM <strong>and</strong> PTA) has increased in<br />
various end-use industries. Moreover, the increasing dem<strong>and</strong> for vinegar is also triggering the<br />
market due to its wide applications.<br />
Request Sample of the Report: http://www.imarcgroup.com/request?type=report&id=591&flag=B
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
On the basis of end-use, the largest <strong>and</strong> one of the fastest growing end-use sector is vinyl acetate monomer<br />
(VAM) industry which accounts for around one-third of the total global consumption. It is followed by PTA, acetic<br />
anhydride, ethyl acetate <strong>and</strong> butyl acetate manufacturing industries. On the basis of key regions, Asia currently<br />
represents the largest producer, accounting for the majority of the total global production. Other major regions<br />
include Europe, North America <strong>and</strong> Middle East & Africa. Some of the key players operating in this market<br />
include Celanese, Jiangsu Sopo, Reliance, Shanghai Wujing, BP Chemicals etc.<br />
The report by IMARC Group has examined the global acetic acid market on the basis of:<br />
End-use:<br />
• VAM<br />
• PTA<br />
• Anhydride<br />
• Ethyl acetate<br />
• Butyl acetate<br />
Region:<br />
• China<br />
• North America<br />
• Western/Eastern Europe<br />
• North East Asia<br />
• South East Asia<br />
• Middle East & Africa
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
Major Manufacturers:<br />
• British Petroleum<br />
• Celanese<br />
• Shanghai Wujing<br />
• Jiangsu Sopo<br />
• Reliance<br />
Find more reports related to Chemical <strong>and</strong> Materials Industry@<br />
http://www.imarcgroup.com/categories/chemicals-market-reports
Report Description <strong>and</strong> Highlights<br />
Report Description<br />
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