Acetic acid is a colorless, pungent, water-miscible liquid and has both industrial and households applications. Acetic acid is an essential constituent of vinegar having both antibacterial and antifungal properties. These properties make it an important chemical in food industry. The growth of end user industries will be the major growth driver for this market.
Acetic acid and its derivatives are in demand for manufacturing monochloroacetic acid, camphor, diketene, furniture and photographic chemicals. They are also used in industries such as automobiles construction, synthetic fibers, textiles, inks, dyes, rubbers, plastics, pesticides, adhesives and water-based paints. Among the derivatives of acetic acids, Vinyl acetate monomer (VAM) is the major downstream derivative followed by Ester solvents in the global acetic acid and its derivatives market and it is projected to show potential growth over the forecast period.
Asia Pacific is the leading market for acetic acid and its derivatives owing to the growth of market such as China and India. China is the major market followed by India in terms of both production and consumption. Rest Of The World (ROW) is the fastest growing market followed by Asia Pacific in the global acetic acid and its derivatives market. Vietnam, Cambodia, Thailand, Laos and Indonesia are anticipated to be the high growth market.
Key manufacturers include BP Plc, Celanese Corporation, Eastman Chemical Company, Daicel Corporation, Yankuang Cathay Coal Chemicals Co. Ltd., Jiangsu Sopo (Group) Co. Ltd., Lyondell Basell Industries N.V., Shandong Hualu-Hengsheng Chemical Co. Ltd., Kingboard Chemical Holdings Ltd., DuPont, Shanghai Huayi (Group) Company, Saudi International Petrochemicals and Wacker Chemie.
Decision Databases is involved in providing research reports and company profiles in the global acetic acid and its derivatives market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The acetic acid and its derivatives market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our acetic acid and its derivatives profiles.
SEGMENTATIONS IN REPORT:
Acetic Acid And Its Derivatives By Derivatives:
1. INTRODUCTION TO THE ACETIC ACID AND ITS DERIVATIVES MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF ACETIC ACID AND ITS DERIVATIVES
4. ACETIC ACID AND ITS DERIVATIVES MARKET ANALYSIS BY DERIVATIVES
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