Global Acetic Acid Market To Reach 20.3 Million Tons By 2024.

Acetic acid (CH3COOH) is an organic chemical compound which gives a sour taste and pungent smell like vinegar. It occurs as both free and combined, in the form of esters of various alcohols in many plants and has also been detected in animal secretions. It is an important chemical reagent and industrial chemical used in the manufacturing of various other chemicals that serve a number of industries such as textiles, inks, rubbers, plastics, etc. During 2014-2018, the global acetic acid market grew at a CAGR of around 6%. Presently, vinyl acetate monomer (VAM- an intermediate in the production of a range of chemical derivatives) is one of the most rapidly growing application areas of acetic acid accounting for the majority of its total global consumption. This report by Expert Market Research entitled “Acetic Acid Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray in the acetic acid market

Get a Free Sample Report – https://www.expertmarketresearch.com/request?type=report&flag=B&id=25

Competitive Landscape & Supplier Analysis:

1. BP plc (NYSE: BP) 2. Celanese Corporation (NYSE: CE) 3. Shanghai Wujing 4. Jiangsu Sopo 5. Reliance

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.

Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/acetic-acid-market

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.

1 Preface 2 Research Methodology 3 Executive Summary 3.1 Market Overview 3.2 Market Key Demand Drivers 3.3 Top Global Suppliers 3.4 Market Supply Changes 4 Global Caustic Soda Market 4.1 Market Outlook 4.2 Global: Market Analysis 4.2.1 Chart: Global Market: Product by Type 4.2.1.1 Liquid Caustic Soda 4.2.1.2 Solid Caustic Soda 4.2.1.3 Caustic Soda Flake 4.2.1.4 Caustic Soda Particle 4.2.2 Chart: Global: Demand by Application 4.2.2.1 Pulp and Paper 4.2.2.2 Organic Chemicals 4.2.2.3 Inorganic Chemicals 4.2.2.4 Soaps and Detergents 4.2.2.5 Textiles 4.2.2.6 Alumina 4.2.2.7 Water Treatment 4.2.2.8 Others 4.2.3 Figure: Global: Historical Demand (2014-2018) & Demand Forecast (2019-2024) 4.2.4 Figure: Global: Historical Supply (2014-2018) & Supply Forecast (2019-2024) 4.2.5 Figure: Global: Consumption by Region 4.2.5.1 North America 4.2.5.2 Europe 4.2.5.3 Asia Pacific 4.2.5.4 LATAM 4.2.5.5 Middle East & Africa 4.2.6 Figure: Global: Production by Region 4.2.6.1 North America 4.2.6.2 Europe 4.2.6.3 Asia Pacific 4.2.6.4 LATAM 4.2.6.5 Middle East & Africa 4.3 SWOT Analysis 4.3.1 Overview 4.3.2 Strengths 4.3.3 Weaknesses 4.3.4 Opportunities 4.3.5 Threats 4.4 Value Chain Analysis 4.5 Porter’s Five Forces Analysis 4.5.1 Overview 4.5.2 Buyer’s Power 4.5.3 Supplier’s Power 4.5.4 New Entrants 4.5.5 Degree of Rivalry 4.5.6 Substitutes 4.6 Global (HS Code-281511/2) Trade Analysis (2018) 4.6.1 Major Exporting Countries by Value & Volume 4.6.2 Major Importing Countries by Value & Volume 4.7 Regional Caustic Soda Price Analysis 4.7.1 North America: Historical Price Trends (2014-2018) & Forecast (2019-2024) 4.7.2 Europe: Historical Price Trends (2014-2018) & Forecast (2019-2024) 4.7.3 Asia: Pacific Historical Price Trends (2014-2018) & Forecast (2019-2024) 4.7.4 LATAM: Historical Price Trends (2014-2018) & Forecast (2019-2024) 4.7.5 Middle East & Africa: Historical Price Trends (2014-2018) & Forecast (2019-2024) 5 Manufacturing Process Overview 5.1 Electrolysis 5.2 Lime Soda Process 6 Global Caustic Soda Feedstock Market 6.1 Global Sodium Chloride Market Analysis 6.1.1 Chart: Global Sodium Chloride Demand by Type 6.1.2 Chart: Global Sodium Chloride Demand by Application 6.1.3 Figure: Global Sodium Chloride Historical Demand (2014-2018) & Demand Forecast (2019-2024) 6.1.4 Figure: Global Sodium Chloride Historical Supply (2014-2018) & Supply Forecast (2019-2024) 6.1.5 Figure: Global Sodium Chloride Demand by Region 6.1.5.1 North America 6.1.5.2 Europe 6.1.5.3 Asia pacific 6.1.5.4 LATAM 6.1.5.5 Middle East & Africa 6.2 Global: Feedstock Trade Analysis 6.2.1 Major Exporting Countries by Value & Volume 6.2.1.1 Sodium Chloride 6.2.2 Major Importing Countries by Value & Volume 6.2.2.1 Sodium Chloride 6.3 Regional: Feedstock Price Analysis 6.3.1 North America 6.3.1.1 Sodium Chloride Historical Price Trends (2014-2018) & Forecast (2019-2024) 6.3.2 Europe 6.3.2.1 Sodium Chloride Historical Price Trends (2014-2018) & Forecast (2019-2024) 6.3.3 Asia Pacific 6.3.3.1 Sodium Chloride Historical Price Trends (2014-2018) & Forecast (2019-2024) 6.3.4 LATAM 6.3.4.1 Sodium Chloride Historical Price Trends (2014-2018) & Forecast (2019-2024) 6.3.5 Middle East & Africa 6.3.5.1 Sodium Chloride Historical Price Trends (2014-2018) & Forecast (2019-2024) 7 Manufacturing Process 7.1 Detailed Process Flow 7.2 Operations Involved 7.3 Mass Balance 8 Cost Analysis 8.1 Land, Location and Site Development 8.2 Construction 8.3 Plant Machinery 8.4 Cost of Raw Material 8.5 Packaging 8.6 Transportation 8.7 Utilities 8.8 Manpower 8.9 Other Capital Investment

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Contact us

Expert Market Research Twitter: @expertmresearch Website: www expertmarketresearch com Email: sales@expertmarketresearch com USA/Canada: +1-415-325-5166 | UK: +44-702-402-5790 LinkedIn: https://www linkedin com/company/expert-market-research/

SPHERE CONSTRUCTIONS

Global Acetic Acid Market To Reach 20.3 Million Tons By 2024.

Recent Posts

Comments