Acetic Acid Market Share, Size, Trends, Growth , Region Analysis and Forecast Till 2023

1. GlobalAcetic Acid Market Research Report and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Acetic Acid Market Report By Application (VAM, PTA, Anhydride, Ethyl Acetate, Butyl Acetate and Others), End Use Industry (Plastics & Polymers, Food & Beverage, Inks, Paints & Coatings, Chemicals, Pharmaceuticals and Others), Region The global acetic acid market is currently witnessing a healthy growth. This can be attributed to factors such as rapid industrialisation and urbanisation, product innovations, a strong growth in end-use industries and demand from emerging regions. Market Overview: Acetic acid is a two-carbon carboxylic acid which is most commonly associated with vinegar. Also known as ethanoic acid, it is a colourless liquid with a pungent odour and represents an essential chemical reagent. Acetic acid is produced through the carbonylation of methanol and is used for treating several medical conditions such as ear canal infections. It is also used as a feedstock in the production of several synthetic chemicals which range from polymers to esters. A new research report by IMARC Group, titled “Acetic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global acetic acid market was worth more than US$ 9.2 Billion in 2017, registering a CAGR of more than 8% during the year 2010-2017. The report further anticipates the market to cross US$ 12.7 Billion by 2023, at a projected CAGR of 5% over the forecast period.

4. Report Description and Highlights Report Description • Global Acetic Acid Market Drivers/Constraints: • There has been a rise in the demand for vinegar owing to its health benefits such as regulating blood sugar and cholesterol levels, maintaining blood pressure and reducing weight. This has majorly driven the growth of the global acetic acid market. • Acetic acid is used for dyeing purposes and also acts as a building block for various packaging materials. Therefore, a significant growth in the textile and packaging industries is positively contributing to the market growth. • There has also been an increase in the industrialisation and urbanisation rates in developing regions including Asia-Pacific, the Middle-East, and Latin America. This has resulted in an augmented demand for acetic acid and its derivatives across several end-use industries. • Another factor positively influencing the growth of the market is the initiatives taken by the manufacturers towards product innovation which is facilitating improved production process and assured quality. • Acetic Acid Market Segmentation: • Market Breakup by Application • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=591&flag=B

5. Market Forecast Sample Figure: Global: Acetic Acid Market Forecast: Production Volume Trends (in Million Tons), 2018-2023

6. Market Segmentation Report Description • VAM • PTA • Anhydride • Ethyl Acetate • Butyl Acetate • Others • On the basis of applications, the market is segregated as VAM, PTA, Anhydride, Ethyl Acetate, Butyl Acetate and others. Amongst this, VAM represented the largest end-use segment of acetic acid as it is used in the manufacturing of numerous polymers and resins used in textiles, paints, coatings and adhesives. • Market Breakup by End-Use • Plastics & Polymers • Food & Beverage • Inks, Paints & Coatings • Chemicals • For more information : https://www.imarcgroup.com/acetic-acid-technical-material-market-report

7. Market Segmentation Report Description • Pharmaceuticals • Others • Based on end-users, the market is categorized as plastics and polymers; food and beverage; inks, paints and coatings; chemicals; pharmaceuticals and others. • Market Segmentation by Region • China • North America • Western/Eastern Europe • North East Asia • South East Asia • Middle East & Africa • On a geographical front, China represents the largest market for acetic acid owing to rapid industrialisation and a strong growth in the end-use industries. China is followed by North America, Western/Eastern Europe, North East Asia, South East Asia, and Middle East and Africa.

8. Market Segmentation Report Description • Competitive Landscape: • The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are: • BP Chemicals • Celanese • Shanghai Wujing • Jiangsu Sopo • Reliance • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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12. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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