Report Feature
The future of the acetic acid market looks promising with opportunities in the vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetic anhydride, and ester solvents (ethyl acetate and butyl acetate) applications. The global acetic acid market is expected to grow with a CAGR of 4%-6% from 2020 to 2025. The major drivers for this market are the increasing use of VAM in multiple industries, consumption of purified terephthalic acid (PTA) in PTE bottles, and growing textile and packaging industry.
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The study includes trends and forecast for the global acetic acid market by application and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Vinyl acetate monomer
- Purified terephthalic acid
- Acetic anhydride
- Ester solvents (ethyl acetate & butyl acetate)
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Belgium
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
- Brazil
Some of the Acetic acid companies profiled in this report include British Petroleum Plc, Celanese Corporation, Daicel Corporation, DuPont, Eastman Chemical Company, LyondellBasell Industries N.V., Mitsubishi Chemical Corporation, SABIC. In this market, industrial grade, and pharmaceutical grade are the major grade types. Lucintel forecasts that pharmaceutical grade will remain the largest segment over the forecast period because of its antibacterial and antimicrobial chemical, has been used in pesticide.
In this market, vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetic anhydride, and ester solvents (ethyl acetate & butyl acetate). Vinyl acetate monomer (VAM), will remain the largest segment by application type over the forecast period because of the demand for the product from the rapidly growing industrial and cosmetics manufacturing sector.
Asia-Pacific is expected to witness the highest growth over the forecast period because of the factors such as increasing population and improving economic condition (such as rising GDP and disposable income of the people), drive the market in this region and boosting the manufacturing sector.
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Features of the Global Acetic acid Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global Acetic acid market by application (vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetic anhydride, and ester solvents (ethyl acetate & butyl acetate)), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global Acetic acid market? Q.5 What are the business risks and threats to the global Acetic acid market? Q.6 What are emerging trends in this Acetic acid market and the reasons behind them? Q.7 What are some changing demands of customers in this Acetic acid market? Q.8 What are the new developments in this Acetic acid market? Which companies are leading these developments? Q.9 Who are the major players in this Acetic acid market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this Acetic acid market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global Acetic acid market? |
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Application (vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetic anhydride, and ester solvents (ethyl acetate & butyl acetate)) |
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Regional Scope |
North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Belgium), Asia Pacific (China, Japan, India, South Korea), ROW (Brazil ) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
4.1 Global Acetic acid Market by Region
4.3.1 Market by Application: vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetic anhydride, and ester solvents (ethyl acetate & butyl acetate)
4.3.2 The United Kingdom Acetic acid Market
4.3.3 The German Acetic acid Market
4.3.4 The French Acetic acid Market
4.3.5 The Spanish Acetic acid Market
4.3.6 The Belgium Acetic acid Market
4.4.1 Market by Application: vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetic anhydride, and ester solvents (ethyl acetate & butyl acetate)
4.4.2 The Chinese Acetic acid Market
4.4.3 The Japanese Acetic acid Market
4.4.4 The Indian Acetic acid Market
4.4.5 The South Korean Acetic acid Market
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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