“Acetic Acid Market” is the process of conveying a good quality service to customers. focuses on identifying hidden needs or requirements of customers. Report defines the scope of the Acetic Acid market, identifying potential of the Acetic Acid markets and determining optimal pricing for the market, it encouraging potential customers to purchase, and finding the best distribution methods for delivering to customers.
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Market Overview:
Key Market Trends:
Vinyl Acetate Monomer (VAM) to Dominate the Market
– Vinyl acetate monomer is a chemical building block used for a wide variety of industrial and consumer products. Polyvinyl acetate is used in the production of paints and coatings and adhesives, for flexible substrates, as well as for sizing the polyester fiber-fill insulation textiles.
– VAM is a key raw material in the manufacturing of water-based adhesives, which accounts for significant use in the global adhesives and sealants market.
– Vinyl acetate monomer (VAM) dominated the market for acetic acid in 2018. It accounted for over 30% of the total market in terms of volume, owing to the extensive use of VAM in the paints and coatings, textile, and adhesives and sealants market.
– Furthermore, the increasing demand from Asia-Pacific is expected to boost the demand for acetic acid, during the forecast period.
– In , Germany represents the largest market for VAM. In terms of volume, the country accounted for more than 32% of the total consumption in , owing to the strong and steady textile and packaging market.
– Therefore, the increasing demand of VAM in various regions is expected to increase the demand for acetic acid over the forecast period.
Asia-Pacific Region to Dominate the Market
– Asia-Pacific is the largest consumer of acetic acid in the global market. The Asia-Pacific market is anticipated to be the largest market for the textile industry, owing to the strong industrial base of the region.
– Furthermore, factors such as increasing population and improving economic condition (such as rising GDP and disposable income of the people), drive the market in the region and boosting the manufacturing sector.
– China is the largest market for VAM worldwide. In terms of volume, the country accounted for more than 30% of the global consumption. This large share is because of the strong and steady textile and packaging market of China.
– Furthermore, the local market provides an ample amount of opportunities for local vendors to invest in the market.
– The Asia-Pacific is estimated to have the highest growth in the market during the forecasted period, owing to its extensive growing demand for industrial fabrics.
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Major Key Players are as Follows
Scope of the Report:
Geographical Regions:
– China – – Japan – South Korea – United States – Canada – Mexico – Germany – United Kingdom – Italy – France – Brazil – Argentina – Saudi Arabia – South Africa.
Topics such as sales and sales revenue overview, production market share by product type, capacity and production overview, import, export, and consumption are covered under the development trend section of the Acetic Acid market report.
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Reasons to Purchase Acetic Acid Market Report Covered:
- The report examines how Acetic Acid market will develop in the future.
- Studying various views of the Acetic Acid market with the help of Porter’s five forces analysis.
- Analyzing the product type that is probable to control the market and regions that are likely to witness the fastest development during the forecast period
- Identify the new developments, Acetic Acid market shares and strategies employed by the key market players.
- Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
- Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Acetic Acid market players
Detailed TOC of Acetic Acid Market – Growth, Trends, and Forecast (2019 – 2024)
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing demand for Vinyl Acetate Monomer (VAM)
4.1.2 Increasing Demand from Textile and Packaging Industry
4.1.3 Increasing use of Ester Solvents in the Paints and Coating Industry
4.2 Restraints
4.2.1 Saturation of Demand of Acetic Acid in Developed Nations
4.2.2 Environmental Concerns Regarding the Harmful Effects
4.3 Industry Value-Chain Analysis
4.4 Porters Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Import and Export Trends
4.6 Price Trends
4.7 Feedstock Analysis
4.8 Technological Snapshot
5 MARKET SEGMENTATION
5.1 By Application
5.1.1 Vinyl Acetate Monomer (VAM)
5.1.2 Purified Terephthalic Acid (PTA)
5.1.3 Acetate Esters
5.1.4 Acetic Anhydride
5.1.5 Other Applications
5.2 By End-user Industry
5.2.1 Plastics and Polymers
5.2.2 Food and Beverage
5.2.3 Inks, Paints, and Coatings
5.2.4 Chemicals
5.2.5 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 BP PLC
6.4.2 Celanese Corporation
6.4.3 Chang Chun Group.
6.4.4 China Petrochemical Corporation
6.4.5 Chiyoda Corporation
6.4.6 Daicel Corporation
6.4.7 DowDuPont
6.4.8 Eastman Chemical Company
6.4.9 GNFC Limited
6.4.10 HELM AG
6.4.11 Huayi Group
6.4.12 Jiangsu Chuangpu Information Technology Co. Ltd
6.4.13 Kanoria Chemicals & Industries Ltd
6.4.14 Kingboard Holdings Limited
6.4.15 LyondellBasell Industries Holdings BV
6.4.16 Mitsubishi Chemical Corporation
6.4.17 PetroChina Company Limited
6.4.18 SABIC
6.4.19 SASOL
6.4.20 Shandong Hualu-Hengsheng Chemical Co. Ltd
6.4.21 Showa Denko K.K.
6.4.22 Sipchem
6.4.23 Svensk Etanolkemi AB (SEKAB)
6.4.24 Wacker Chemie AG
6.4.25 Yankuang Group
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Development of New Separation Technologies to increase the production efficiency
7.2 Others
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