MRO Magazine

Research and Markets: Global Acetic Acid (VAM, PTA, Acetic Anhydride, Acetate Esters, Others) Market 2015-2020 – Market Size, Demand Forecasts, Industry Trends and Updates


December 10, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/b8qsf3/global_acetic) has announced the addition of the “Global Acetic Acid Market – By Application (VAM, PTA, Acetic Anhydride, Acetate Esters, Others), Regions – Market Size, Demand Forecasts, Industry Trends and Updates (2014- 2020)” report to their offering.

The global supply of acetic acid was 12.14 MMT in 2014 and is estimated to reach 16.03 MMT by 2020 at a CAGR of 4.74%, while on the other hand in terms of revenue, the value in 2014 was USD 5.58 Billion and is projected to reach USD 7.93 Billion by 2020 growing at 5.12% compounded annually.

Growth by Region

APAC leads the global acetic acid market in terms of consumption, having a market share of 60% in 2014, followed by North America and Europe. The market in North America is dominated by United States, where the demand is estimated to be saturated for the forecasted period. APAC is the fastest growing market in terms of usage of acetic acid across varied applications and thus, is the region focus.

Drivers vs. Constraints

VAM – which is the leading use of acetic acid finds its usage in manufacturing polymer for coatings and adhesives is growing significantly and thus is expected to drive the acetic acid market. Added to this, its use for packaging industry also drives the market for the period.

On the other hand, factors like fluctuations in the prices, environmental issues are constraints to the market.

Growth by Industries:

Acetic acid is used in the manufacture of wide number of chemicals, plastics, cosmetics, pharmaceuticals, insecticides, and others. However, its major application is Vinyl Acetate Monomer (VAM), which has a market share of 35 % in 2014. PTA and ethyl acetate are the other leading end use sectors. Acetic acid used for ethanol production is estimated to be the fastest growing sector for the forecasted period.

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Market Dynamics

4. Acetic Acid Market Segmentation, Forecasts and Trends – by Revenue

5. Competitive Landsape Analysis

6. Company Profiles

7. Industry Structure

8. Acetic Acid market – Road Ahead

9. Tables

10. Disclaimer

Companies Mentioned

– BASF

– British Petroleum

– Celanese Corporation

– Daicel Corporation

– DuPont

– Eastman Chemical Company

– Jiangsu Sopo

– Kingboard Chemical Holdings Ltd.

– Lyondell Basell Industries

– Lyondellbasell Industries N.V.

– Mitsubishi Chemical Company

– SABIC

– Sasol Ltd

– Sinopec

For more information visit http://www.researchandmarkets.com/research/b8qsf3/global_acetic

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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