Acetic acid has been classified as a weak acid and has numerous applications in various industries like pharmaceutical, construction, water treatment, rubber, plastics, etc. Vinegar, which is dilute acetic acid, is used as a food ingredient in kitchen. Acetic acid is also used in the manufacture of vinyl acetate monomer (VAM), purified terepthalic acid (PTA), acetate esters, etc. According to a new report by Expert Market Research, the global acetic acid market reached a volume of 16.3 Million Tons in 2018 and is further expected to reach a volume of around 20.3 Million Tons by 2024.
The production of acetic acid has observed a significant growth during 2014-2018. VAM, the largest end-use industry of acetic acid, is used in manufacture of a number of polymers and resins for coatings, adhesives, paints, etc. As a result, the production of acetic acid is booming. Moreover, the rise in the production of other end-products such as PTA, ethylene-vinyl acetate (EVA) copolymers, ethyl acetate and butyl acetate, etc. involving the consumption of acetic acid has also led to an increase in its demand. Population growth, emerging markets and government policies are some of the other factors stimulating the market growth.
Key findings from the report:
Expert Market Research has analysed the global acetic acid market according to end-use, major regions and top players:
Market breakup by End-use
Market breakup by Region
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
"Acetic Acid Market: By Region: China, North America, Western/Eastern Europe, North East Asia, South East Asia, Middle East & Africa; By End-Use Industries: Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Anhydride, Ethyl Acetate, Butyl Acetate; Value Chain Analysis; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); Competitive Landscape; Market Analysis"
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Global Silicon Nitride Market Report and Forecast 2019-2024
Global Potassium Chlorate Market Report and Forecast 2019-2024
Caustic soda or sodium hydroxide, is an odorless, highly corrosive, nonflammable white solid which can also be used as an esterification and transesterification reagent and cleaning agent.
The Global Soda Ash Market attained a total volume of nearly 61 million metric tons in 2018. A major driver of the soda ash market is the expanding application of the product in the glass sector where...
This report by Expert Market Research entitled “Sodium Chlorate Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the sodium chlorate marke...