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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 />

Copyright © IMARC. All Rights Reserved


About IMARC Group<br />

Report Description<br />

IMARC is a leading advisor on management strategy <strong>and</strong> market research worldwide. We partner with<br />

clients in all sectors <strong>and</strong> regions to identify their highest-value opportunities, address their most<br />

critical challenges, <strong>and</strong> transform their businesses.<br />

IMARC’s information products include major market, scientific, economic <strong>and</strong> technological<br />

developments for business leaders in pharmaceutical, industrial, <strong>and</strong> high technology organizations.<br />

<strong>Market</strong> forecasts <strong>and</strong> industry analysis for biotechnology, advanced materials, pharmaceuticals, food<br />

<strong>and</strong> beverage, travel <strong>and</strong> tourism, nanotechnology <strong>and</strong> novel processing methods are at the top of the<br />

company’s expertise.<br />

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies <strong>and</strong><br />

markets with close cooperation at all levels of the client organization. This ensures that our clients<br />

achieve unmatchable competitive advantage, build more proficient organizations, <strong>and</strong> secure lasting<br />

results.


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 />

© <strong>2017</strong> IMARC All Rights Reserved<br />

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International <strong>Market</strong> Analysis Research <strong>and</strong> Consulting (IMARC).<br />

Disclaimer: All contents <strong>and</strong> data of this publication, including forecasts, data analysis <strong>and</strong> opinion have been<br />

based on information <strong>and</strong> sources believed to be accurate <strong>and</strong> reliable at the time of publishing.<br />

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