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Acetic Acid Market

Acetic Acid Market Market Research Report – Segmented By Derivative (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, Other Derivatives), By End-user Industry (Plastics and Polymers, Food and Beverage, Adhesives, Paints, and Coatings, Chemicals, Textile, Medical, Other End-user Industries) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Acetic Acid Market from Consainsights analyses the Acetic Acid Market Market in the Chemicals & Materials industry over the forecast period to 2027.

Figure 1: Acetic Acid Market Size, 2019-2027

Acetic Acid Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Acetic Acid Market segmentation includes Derivative, End-user Industry and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Derivative, the Acetic Acid Market analysis covers Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, Other Derivatives.

Figure 2: Acetic Acid Market Share (%), Derivative 2021

Based on the End-user Industry, the Acetic Acid Market analysis covers Plastics and Polymers, Food and Beverage, Adhesives, Paints, and Coatings, Chemicals, Textile, Medical, Other End-user Industries.

Figure 3: Acetic Acid Market Share (%), End-user Industry 2021

Key companies operating in the market include Celanese Corporation, Chang Chun Group, China Petrochemical Corporation, Daicel Corporation, Eastman Chemical Company or its subsidiaries, GNFC Limited, INEOS, Jiangsu SOPO (Group) Co. Ltd, Kanoria Chemicals & Industries Ltd, Kemipex, Kingboard Holdings Limited, LyondellBasell Industries Holdings BV, Mitsubishi Chemical Corporation, PetroChina Company Limited, SABIC, SASOL, Shandong Hualu-Hengsheng Chemical Co. Ltd, Shanghai Wujing Chemical Co. Ltd, Showa Denko KK, Sipchem, Svensk Etanolkemi AB (SEKAB), Tanfac Industries Ltd, Wacker Chemie AG, Yankuang Group and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Market Overview

Definition & Scope

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

By Derivative

Introduction

By By Derivative, The Acetic Acid Market analysis covers Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, Other Derivatives.

Table: 1: Acetic Acid Market Size, By By Derivative

Vinyl Acetate Monomer (VAM)

The Vinyl Acetate Monomer (VAM) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Purified Terephthalic Acid (PTA)

The Purified Terephthalic Acid (PTA) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Ethyl Acetate

The Ethyl Acetate segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Acetic Anhydride

The Acetic Anhydride segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Derivatives

The Other Derivatives segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By End-user Industry

Introduction

By By End-user Industry, The Acetic Acid Market analysis covers Plastics and Polymers, Food and Beverage, Adhesives, Paints, and Coatings, Chemicals, Textile, Medical, Other End-user Industries.

Table: 2: Acetic Acid Market Size, By By End-user Industry

Plastics and Polymers

The Plastics and Polymers segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Food and Beverage

The Food and Beverage segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Adhesives, Paints, and Coatings

The Adhesives, Paints, and Coatings segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Chemicals

The Chemicals segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Textile

The Textile segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Medical

The Medical segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other End-user Industries

The Other End-user Industries segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Company Analysis

Introduction

Key companies operating in the market include Celanese Corporation, Chang Chun Group, China Petrochemical Corporation, Daicel Corporation, Eastman Chemical Company or its subsidiaries, GNFC Limited, INEOS, Jiangsu SOPO (Group) Co. Ltd, Kanoria Chemicals & Industries Ltd, Kemipex, Kingboard Holdings Limited, LyondellBasell Industries Holdings BV, Mitsubishi Chemical Corporation, PetroChina Company Limited, SABIC, SASOL, Shandong Hualu-Hengsheng Chemical Co. Ltd, Shanghai Wujing Chemical Co. Ltd, Showa Denko KK, Sipchem, Svensk Etanolkemi AB (SEKAB), Tanfac Industries Ltd, Wacker Chemie AG, Yankuang Group and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.