World Acetic Acid Market - Opportunities and Forecasts, 2020-2027
|
A01079
|
Pages: NA
|
Jul 2020 |
3347 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the World Acetic Acid Market
Request Now !Acetic acid acid is a colorless liquid with strong and pungent smell, which is also known as ethanoic acid or methanecarboxylic. Approximately 75% of the acetic acid is produced synthetically by carbonylation of methanol and this process. However, acetic acid can also be produced by bacterial fermentation and accounts for only about 10% of world production. This biological route of acetic acid production is majorly used for vinegar production due to food purity laws, which stipulate to use vinegar of biological origin. Its main applications includes production of chemical compounds such as vinyl acetate monomer, acetic anhydride, and ester production. Products of commercial importance made from acetic acid are latex emulsion resins for paints, adhesives, paper coatings, textile finishing agents, cellulose acetate fibers, cigarette filter tow, and cellulosic plastics.
The world acetic acid market is expected to register substantial growth during the forecast period due to its extensive application in the production of vinyl acetate monomer (VAM) and terephthalic acid (TPA). VAM, used in paints and adhesives consumes approximately 40% to 45% of the worlds acetic acid produced. TPA on the other hand uses acetic acid to manufacture polyethylene terephthalate (PET) plastic bottles for carbonated drinks and resins. Besides this, acetic acid is also used in the food industry and household items as a preservative. Thus, the high demand for acetic acid in VAM & TPA production and food industry would bolster the acetic acid market growth. However, environmental concerns such as non-biodegradability and emission of harmful elements such as aerosols into the environment can restrain the growth of acetic acid in VAM and TPA production.
The report segments acetic acid market on the basis of manufacturing processes, application, and geography. On the basis of manufacturing processes, the market is segmented into synthetic and biological route. According to application, it is classified into vinyl acetate monomer, terephthalic acid, acetic anhydride, acetate esters and Ketene, monochloroacetic, Textiles, dimethylacetamide and others. The geographic breakdown for the report includes for North America, Europe, Asia-Pacific, and LAMEA.
The global acetic acid market has presence of numerous manufacturers that are adopting next generation technologies to bring innovation in the production techniques of acetic acid. Key players are also adopting mergers & acquisitions to expand their presence in global acetic acid market. For instance, Saudi International Petrochemical Company has planned to acquire equities in various companies such as International Acetyl Company Ikarus Petroleum Industries Company, and International Vinyl Acetate Company in June 2015. Comprehensive competitive analysis and profiles of major market players such as Hoechst, Walker Chemie, BASF, Huls, BP Chemicals, Montedison, Nippon Gosei Kagaku and Showa Acetly Chemical, Celanese, and Union Carbide Corporation is also provided in this report.
KEY BENEFITS FOR STAKEHOLDERS:
- In-depth analysis for the key market segments has been done in this report by making market estimations between 2015 and 2022.
- Competitive landscape and value chain are modelled for better understanding of competitive environment across the geographies.
- The projections in this report are made by analysing the current trends and future market potential from 2015 to 2022, which help to explore current and future market potential.
- Geographically, the acetic acid market is systematically analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA.
- SWOT analysis highlights the internal environment of the leading companies for effective strategy formulation.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- Key market players within the acetic acid market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of world acetic acid market
ACETIC ACID MARKET KEY SEGMENTS:
World acetic acid market - by Manufacturing Process
- Synthetic route
- Methanol carbonylation
- Oxidation of hydrocarbons
- Paraffin oxidation
- Olefin oxidation
- Terephthalic/isophthalic acid coproduct
- Biological route
World acetic acid market - by Application
- Vinyl acetate monomer
- Terephthalic acid
- Acetic anhydride
- Acetate esters
- Ketene
- Monochloroacetic,
- Textiles
- Dimethylacetamide
- Others
World acetic acid market - by Geography
- North America
- Canada
- United States
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Others
- Asia-Pacific
- China
- Japan
- India
- Australia
- Others
- LAMEA
- Latin America
- The Middle East
- Africa
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
World Acetic Acid Market-
Opportunities and Forecasts, 2020-2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $0.00
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Subscription @ $699 T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.