Home >> Business >> Global acetic acid market for VAM, acetic anhydride, acetate esters, PTA 2015 – 2021

Global acetic acid market for VAM, acetic anhydride, acetate esters, PTA 2015 – 2021

Zion Research has published a new report titled “Acetic Acid Market for VAM, Acetate Esters, Acetic Anhydride, PTA and Other Application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021.” According to the report, the global acetic acid market accounted for USD 8.37 billion in 2015 and is expected to reach USD 13.65by 2021, growing at a CAGR of around 8.5% between 2016 and 2021.

Get a copy of free Sample Report @https://www.zionmarketresearch.com/sample/acetic-acid-market

The market growth of global acetic acid market has been accelerated by rising demand for vinegar owing to numerous health benefits associated with it. Increasing consumption of PTA in textile industry for polyester manufacturing coupled with increasing demand of VAM which is used as a precursor is expected to propel the growth of acetic acid market in coming years. Furthermore, growing textile & packaging industry is expected to fuel the growth of acetic acid market. In addition, being a chemical reagent and industrial chemical, it is used in production of cellulose acetate for photographic film, while polyvinyl acetate for synthetic fibers and fabrics. However, volatile prices of methanol and mature market of acetic anhydride may restrict the growth of market. Nonetheless, increasing demand for industrial application is likely to open growth opportunities for the market in the near future.

Vinyl acetate monomer (VAM) segment dominated the acetic acid market with over 30% share of total volume consumption in 2015.Extensive use of VAM in adhesive and sealant industry are the major factors are expected to fuel the growth in forecast period. Acetate Esters is expected to be the strongest growth segment of the market due to growing demand from coating industry. Increasing demand of PET bottles on account of their light weight and recyclability is expected to propel growth of PTA segment.

Know more before buying this report @ https://www.zionmarketresearch.com/inquiry/acetic-acid-market

In terms of geography, Asia Pacific is the largest market in terms of consumption and production. China holds more than 40% of production share in 2015. Rising manufacturing industries in Asia Pacific is expected   to prompt the growth of acetic acid market in coming years. The North America is projected to grow with CAGR of 3.6%.

Some of the key players include in acetic acid market such as Eastman Chemical Company, Jiangsu Sopo Co. Ltd, Kingboard Chemical Holdings Ltd, LyondellBasell Industries N.V., BP Plc, SABIC, Sasol, Petro China, Daicel Corporation, Celanese Corporation and among others.

Browse detail report with in-depth TOC @ https://www.zionmarketresearch.com/report/acetic-acid-market

This report segments the global acetic acid market as follows:

Global Acetic Acid Market: Application Segment Analysis

  • VAM
  • Acetate Esters
  • Acetic anhydride
  • PTA
  • Other

Global Acetic Acid Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Purchase a direct copy of report with TOC @ https://www.zionmarketresearch.com/buynow/su/acetic-acid-market

About Us

Zion Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact US:

4283, Express Lane, Suite 634-143,

Sarasota, Florida 34249, United States
Tel: +1-386-310-3803 GMT
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com

Website: http://www.zionmarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *