New

Acetic Acid Market

2021

Acetic Acid Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Vinyl acetate monomer (VAM), Purified Terephthalic Acid (PTA), Acetate Esters, Acetic Anhydride, Others) and Geography

| Report Code: TIPRE00005614 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming

Market Insights

Acetic Acid Market 2028 By Application and Geography | The Insight Partners

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MARKET OVERVIEW



Acetic acid is a clear, colorless liquid with a strong sour taste and pungent smell at room temperature. It dissolves in water, organic solvents like ethanol, diethyl ether, carbon tetrachloride and glycerol. Acetic acid is flammable. Synthetic fabrics, adhesives, medicines, insecticides, and fuels are all made by using acetic acid. Acetic acid is an excellent organic solvent that is used to make vinyl acetate monomer (VAM), acetic anhydride, acetate esters, and cellulose acetate.

MARKET SCOPE



The "Global Acetic Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acetic acid market with detailed market segmentation by application, and geography. The report provides key statistics on the market status of the acetic acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



  • Based on application , the market is bifurcated into Vinyl acetate monomer (VAM), Purified Terephthalic Acid (PTA), acetate esters, acetic anhydride, and others

MARKET DYNAMICS


Drivers:



  • Rising demand for the production of Vinyl Acetate Monomer and acetic anhydride drives the market growth.
  • Increasing demand from industries like pharmaceutical, textiles, food processing, fertilizer etc.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The acetic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the acetic acid in these regions.

IMPACT OF COVID-19 ON ACETIC ACID MARKET



COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS



The report covers key developments in the acetic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from acetic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for acetic acid in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acetic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Sipchem
  • Mitsubishi Chemical Corporation
  • Eastman Chemical Company
  • LyondellBasell Industries Holdings B.V.
  • BP plc
  • Gujarat Narmada Valley Fertilizers and Chemicals Limited
  • DAICEL CORPORATION
  • Celanese Corporation
  • HELM AG
  • Pentokey Organy India Ltd
  • Yankuang Group
  • Jiangsu SOPO (Group) Co., Ltd.
  • Kingboard Holdings Limited
  • Kanoria Chemicals and Industries Ltd
  • Hydrite Chemica
  • Pon Pure Chemicals Group
  • INEOS
  • Ottokemi
  • Merck KGaA
  • The Chemical Company

    The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • TABLE OF CONTENTS

    1. INTRODUCTION
    1.1. SCOPE OF THE STUDY
    1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    1.3. MARKET SEGMENTATION
    1.3.1 Acetic Acid Market - By Application
    1.3.2 Acetic Acid Market - By Region
    1.3.2.1 By Country

    2. KEY TAKEAWAYS

    3. RESEARCH METHODOLOGY

    4. ACETIC ACID MARKET LANDSCAPE
    4.1. OVERVIEW
    4.2. PEST ANALYSIS
    4.2.1 North America - Pest Analysis
    4.2.2 Europe - Pest Analysis
    4.2.3 Asia-Pacific - Pest Analysis
    4.2.4 Middle East and Africa - Pest Analysis
    4.2.5 South and Central America - Pest Analysis
    4.3. EXPERT OPINIONS

    5. ACETIC ACID MARKET - KEY MARKET DYNAMICS
    5.1. KEY MARKET DRIVERS
    5.2. KEY MARKET RESTRAINTS
    5.3. KEY MARKET OPPORTUNITIES
    5.4. FUTURE TRENDS
    5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

    6. ACETIC ACID MARKET - GLOBAL MARKET ANALYSIS
    6.1. ACETIC ACID - GLOBAL MARKET OVERVIEW
    6.2. ACETIC ACID - GLOBAL MARKET AND FORECAST TO 2028
    6.3. MARKET POSITIONING

    7. ACETIC ACID MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
    7.1. OVERVIEW
    7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
    7.3. VINYL ACETATE MONOMER (VAM)
    7.3.1. Overview
    7.3.2. Vinyl acetate monomer (VAM) Market Forecast and Analysis
    7.4. PURIFIED TEREPHTHALIC ACID (PTA)
    7.4.1. Overview
    7.4.2. Purified Terephthalic Acid (PTA) Market Forecast and Analysis
    7.5. ACETATE ESTERS
    7.5.1. Overview
    7.5.2. Acetate Esters Market Forecast and Analysis
    7.6. ACETIC ANHYDRIDE
    7.6.1. Overview
    7.6.2. Acetic Anhydride Market Forecast and Analysis
    7.7. OTHERS
    7.7.1. Overview
    7.7.2. Others Market Forecast and Analysis

    8. ACETIC ACID MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
    8.1. NORTH AMERICA
    8.1.1 North America Acetic Acid Market Overview
    8.1.2 North America Acetic Acid Market Forecasts and Analysis
    8.1.3 North America Acetic Acid Market Forecasts and Analysis - By Application
    8.1.4 North America Acetic Acid Market Forecasts and Analysis - By Countries
    8.1.4.1 United States Acetic Acid Market
    8.1.4.1.1 United States Acetic Acid Market by Application
    8.1.4.2 Canada Acetic Acid Market
    8.1.4.2.1 Canada Acetic Acid Market by Application
    8.1.4.3 Mexico Acetic Acid Market
    8.1.4.3.1 Mexico Acetic Acid Market by Application
    8.2. EUROPE
    8.2.1 Europe Acetic Acid Market Overview
    8.2.2 Europe Acetic Acid Market Forecasts and Analysis
    8.2.3 Europe Acetic Acid Market Forecasts and Analysis - By Application
    8.2.4 Europe Acetic Acid Market Forecasts and Analysis - By Countries
    8.2.4.1 Germany Acetic Acid Market
    8.2.4.1.1 Germany Acetic Acid Market by Application
    8.2.4.2 France Acetic Acid Market
    8.2.4.2.1 France Acetic Acid Market by Application
    8.2.4.3 Italy Acetic Acid Market
    8.2.4.3.1 Italy Acetic Acid Market by Application
    8.2.4.4 United Kingdom Acetic Acid Market
    8.2.4.4.1 United Kingdom Acetic Acid Market by Application
    8.2.4.5 Russia Acetic Acid Market
    8.2.4.5.1 Russia Acetic Acid Market by Application
    8.2.4.6 Rest of Europe Acetic Acid Market
    8.2.4.6.1 Rest of Europe Acetic Acid Market by Application
    8.3. ASIA-PACIFIC
    8.3.1 Asia-Pacific Acetic Acid Market Overview
    8.3.2 Asia-Pacific Acetic Acid Market Forecasts and Analysis
    8.3.3 Asia-Pacific Acetic Acid Market Forecasts and Analysis - By Application
    8.3.4 Asia-Pacific Acetic Acid Market Forecasts and Analysis - By Countries
    8.3.4.1 Australia Acetic Acid Market
    8.3.4.1.1 Australia Acetic Acid Market by Application
    8.3.4.2 China Acetic Acid Market
    8.3.4.2.1 China Acetic Acid Market by Application
    8.3.4.3 India Acetic Acid Market
    8.3.4.3.1 India Acetic Acid Market by Application
    8.3.4.4 Japan Acetic Acid Market
    8.3.4.4.1 Japan Acetic Acid Market by Application
    8.3.4.5 South Korea Acetic Acid Market
    8.3.4.5.1 South Korea Acetic Acid Market by Application
    8.3.4.6 Rest of Asia-Pacific Acetic Acid Market
    8.3.4.6.1 Rest of Asia-Pacific Acetic Acid Market by Application
    8.4. MIDDLE EAST AND AFRICA
    8.4.1 Middle East and Africa Acetic Acid Market Overview
    8.4.2 Middle East and Africa Acetic Acid Market Forecasts and Analysis
    8.4.3 Middle East and Africa Acetic Acid Market Forecasts and Analysis - By Application
    8.4.4 Middle East and Africa Acetic Acid Market Forecasts and Analysis - By Countries
    8.4.4.1 South Africa Acetic Acid Market
    8.4.4.1.1 South Africa Acetic Acid Market by Application
    8.4.4.2 Saudi Arabia Acetic Acid Market
    8.4.4.2.1 Saudi Arabia Acetic Acid Market by Application
    8.4.4.3 U.A.E Acetic Acid Market
    8.4.4.3.1 U.A.E Acetic Acid Market by Application
    8.4.4.4 Rest of Middle East and Africa Acetic Acid Market
    8.4.4.4.1 Rest of Middle East and Africa Acetic Acid Market by Application
    8.5. SOUTH AND CENTRAL AMERICA
    8.5.1 South and Central America Acetic Acid Market Overview
    8.5.2 South and Central America Acetic Acid Market Forecasts and Analysis
    8.5.3 South and Central America Acetic Acid Market Forecasts and Analysis - By Application
    8.5.4 South and Central America Acetic Acid Market Forecasts and Analysis - By Countries
    8.5.4.1 Brazil Acetic Acid Market
    8.5.4.1.1 Brazil Acetic Acid Market by Application
    8.5.4.2 Argentina Acetic Acid Market
    8.5.4.2.1 Argentina Acetic Acid Market by Application
    8.5.4.3 Rest of South and Central America Acetic Acid Market
    8.5.4.3.1 Rest of South and Central America Acetic Acid Market by Application

    9. INDUSTRY LANDSCAPE
    9.1. MERGERS AND ACQUISITIONS
    9.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
    9.3. NEW PRODUCT LAUNCHES
    9.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

    10. ACETIC ACID MARKET, KEY COMPANY PROFILES
    10.1. SIPCHEM
    10.1.1. Key Facts
    10.1.2. Business Description
    10.1.3. Products and Services
    10.1.4. Financial Overview
    10.1.5. SWOT Analysis
    10.1.6. Key Developments
    10.2. MITSUBISHI CHEMICAL CORPORATION
    10.2.1. Key Facts
    10.2.2. Business Description
    10.2.3. Products and Services
    10.2.4. Financial Overview
    10.2.5. SWOT Analysis
    10.2.6. Key Developments
    10.3. EASTMAN CHEMICAL COMPANY
    10.3.1. Key Facts
    10.3.2. Business Description
    10.3.3. Products and Services
    10.3.4. Financial Overview
    10.3.5. SWOT Analysis
    10.3.6. Key Developments
    10.4. LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
    10.4.1. Key Facts
    10.4.2. Business Description
    10.4.3. Products and Services
    10.4.4. Financial Overview
    10.4.5. SWOT Analysis
    10.4.6. Key Developments
    10.5. BP PLC
    10.5.1. Key Facts
    10.5.2. Business Description
    10.5.3. Products and Services
    10.5.4. Financial Overview
    10.5.5. SWOT Analysis
    10.5.6. Key Developments
    10.6. GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS LIMITED
    10.6.1. Key Facts
    10.6.2. Business Description
    10.6.3. Products and Services
    10.6.4. Financial Overview
    10.6.5. SWOT Analysis
    10.6.6. Key Developments
    10.7. DAICEL CORPORATION
    10.7.1. Key Facts
    10.7.2. Business Description
    10.7.3. Products and Services
    10.7.4. Financial Overview
    10.7.5. SWOT Analysis
    10.7.6. Key Developments
    10.8. CELANESE CORPORATION
    10.8.1. Key Facts
    10.8.2. Business Description
    10.8.3. Products and Services
    10.8.4. Financial Overview
    10.8.5. SWOT Analysis
    10.8.6. Key Developments
    10.9. HELM AG
    10.9.1. Key Facts
    10.9.2. Business Description
    10.9.3. Products and Services
    10.9.4. Financial Overview
    10.9.5. SWOT Analysis
    10.9.6. Key Developments
    10.10. PENTOKEY ORGANY INDIA LTD
    10.10.1. Key Facts
    10.10.2. Business Description
    10.10.3. Products and Services
    10.10.4. Financial Overview
    10.10.5. SWOT Analysis
    10.10.6. Key Developments
    10.11. YANKUANG GROUP
    10.11.1. Key Facts
    10.11.2. Business Description
    10.11.3. Products and Services
    10.11.4. Financial Overview
    10.11.5. SWOT Analysis
    10.11.6. Key Developments
    10.12. JIANGSU SOPO (GROUP) CO., LTD.
    10.12.1. Key Facts
    10.12.2. Business Description
    10.12.3. Products and Services
    10.12.4. Financial Overview
    10.12.5. SWOT Analysis
    10.12.6. Key Developments
    10.13. KINGBOARD HOLDINGS LIMITED
    10.13.1. Key Facts
    10.13.2. Business Description
    10.13.3. Products and Services
    10.13.4. Financial Overview
    10.13.5. SWOT Analysis
    10.13.6. Key Developments
    10.14. KANORIA CHEMICALS AND INDUSTRIES LTD
    10.14.1. Key Facts
    10.14.2. Business Description
    10.14.3. Products and Services
    10.14.4. Financial Overview
    10.14.5. SWOT Analysis
    10.14.6. Key Developments
    10.15. HYDRITE CHEMICA
    10.15.1. Key Facts
    10.15.2. Business Description
    10.15.3. Products and Services
    10.15.4. Financial Overview
    10.15.5. SWOT Analysis
    10.15.6. Key Developments
    10.16. PON PURE CHEMICALS GROUP
    10.16.1. Key Facts
    10.16.2. Business Description
    10.16.3. Products and Services
    10.16.4. Financial Overview
    10.16.5. SWOT Analysis
    10.16.6. Key Developments
    10.17. INEOS
    10.17.1. Key Facts
    10.17.2. Business Description
    10.17.3. Products and Services
    10.17.4. Financial Overview
    10.17.5. SWOT Analysis
    10.17.6. Key Developments
    10.18. OTTOKEMI
    10.18.1. Key Facts
    10.18.2. Business Description
    10.18.3. Products and Services
    10.18.4. Financial Overview
    10.18.5. SWOT Analysis
    10.18.6. Key Developments
    10.19. MERCK KGAA
    10.19.1. Key Facts
    10.19.2. Business Description
    10.19.3. Products and Services
    10.19.4. Financial Overview
    10.19.5. SWOT Analysis
    10.19.6. Key Developments
    10.20. THE CHEMICAL COMPANY
    10.20.1. Key Facts
    10.20.2. Business Description
    10.20.3. Products and Services
    10.20.4. Financial Overview
    10.20.5. SWOT Analysis
    10.20.6. Key Developments

    11. APPENDIX
    11.1. ABOUT THE INSIGHT PARTNERS
    11.2. GLOSSARY OF TERMS
    The List of Companies

    1. Sipchem
    2. Mitsubishi Chemical Corporation
    3. Eastman Chemical Company
    4. LyondellBasell Industries Holdings B.V.
    5. BP plc
    6. Gujarat Narmada Valley Fertilizers and Chemicals Limited
    7. DAICEL CORPORATION
    8. Celanese Corporation
    9. HELM AG
    10. Pentokey Organy India Ltd
    11. Yankuang Group
    12. Jiangsu SOPO (Group) Co., Ltd.
    13. Kingboard Holdings Limited
    14. Kanoria Chemicals and Industries Ltd
    15. Hydrite Chemica
    16. Pon Pure Chemicals Group
    17. INEOS
    18. Ottokemi
    19. Merck KGaA
    20.The Chemical Company
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