Acetic Acid: Derivatives and Global Markets

  • ID: 4600696
  • Report
  • Region: Global
  • 172 Pages
  • BCC Research
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This Report Covers the Overview and Clear Understanding of the Global Market Scenario of Acetic Acid and its Derivatives and Analysis of Global Market Trends, with Projection of Cagr During 2018 To 2023

FEATURED COMPANIES

  • BP Plc
  • Celanese Corp.
  • Daicel Corp.
  • Dowdupont Inc.
  • Eastman Chemical Co.
  • Eurochem
  • MORE

The scope of the report covers the overview and clear understanding of the global market scenario of acetic acid and its derivatives and analysis of global market trends, with market data for 2017, considered as the base year, 2018 as the estimate year, and forecast for 2023 with projection of CAGR during 2018 to 2023. Market data in value and volume is provided at global and regional levels for all major derivatives and their applications.

The report covers the discussion of technological, regulatory, and economic trends that are affecting the acetic acid market. The report has a review of the technological background of acetic acid, along with its production process, and identifies the current and emerging applications. It also explains the major drivers, restraints, opportunities, challenges and regional dynamics of the global acetic acid market; assesses current trends within the industry and presents the growth forecasts for the next five years. The regional acetic acid market is further segmented and forecasted for major countries such as U.S., Germany, China, U.K., China, India, etc.

The different derivatives of acetic acid which are considered in the report include vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetate esters, acetic anhydride and monochloroacetic acid (MCCA). The report further includes discussion of applications of these derivatives, such as paints and coatings, dyes and textiles, automotive, food and beverage, pharmaceuticals and cosmetics, agrochemicals, construction, animal feed, rubber, photography and other industries. The report concludes with a special focus on the competitive landscape which includes the key strategies adopted by the manufacturers, their market shares and detailed profiles of the major manufacturers, along with an overview, financial information, product portfolios of acetic acid products and their derivatives, key events and latest process developments in the global acetic acid market.

The Report Includes:

  • An overview of the global market for acetic acid along with its derivatives market catering to different application segments
  • Country specific data and analysis for China, India, Japan, Taiwan, France, Germany, UK, U.S., Brazil and South Africa
  • Segmentation of the acetic acid derivatives market both in value and volumetric terms by end use applications and major geographical regions
  • Elaboration of technological, regulatory, and economic trends that are affecting the acetic acid market
  • An up-to-date analysis of recent developments and current global trends within the industry
  • Discussion of competitive landscape which includes the key strategies adopted by the manufacturers and their comprehensive company profiles, including Bp Plc, Celanese Corp., Dowdupont Inc., Mitsubishi Chemical Corp., Lyondellbasell Industries Holdings B.V. and Saudi International Petrochemical Co. (SIPCHEM)

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FEATURED COMPANIES

  • BP Plc
  • Celanese Corp.
  • Daicel Corp.
  • Dowdupont Inc.
  • Eastman Chemical Co.
  • Eurochem
  • MORE

1 Introduction

  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Related Reports

2 Summary and Highlights

3 Industry Overview

  • Overview
  • History
  • Nomenclature
  • Chemical Structure
  • Properties
  • Acidity
  • Structure
  • Solvent Properties
  • Biochemistry
  • Glacial Acetic Acid
  • Production Process
  • Methanol Carbonylation
  • Acetaldehyde Oxidation
  • Ethylene Oxidation
  • Oxidative Fermentation
  • Anaerobic Fermentation
  • Reactions
  • Organic Chemistry
  • Reactions with Inorganic Compounds
  • Other Derivatives
  • Hazards Caused
  • Environmental Effects
  • Handling and Storage
  • Supply Scenario
  • Key Manufacturers and Their Historical Production Capacities

4 Market Dynamics

  • Key Factors Driving the Growth of the Acetic Acid Market
  • Increasing Demand for Vinyl Acetate Monomer (VAM) in Developing Countries
  • Increasing Demand for Acetic Acid as Vinegar
  • Increasing Demand for Packaged/Processed Food
  • Increasing Consumption of PET
  • Increasing Textile Industry
  • Key Factors Restraining the Growth of the Acetic Acid Market
  • Mature Market of Acetic Anhydride in Developed Regions
  • Saturation of VAM in Developed Regions
  • Opportunities in the Acetic Acid Market
  • Investments by Leading Manufacturers
  • Bio-Based Acetic Acid
  • Challenges Faced by the Acetic Acid Market
  • Fluctuating Price of Methanol
  • Historical Price Trend of Acetic Acid
  • Regulations
  • U.S. Federal Regulations
  • Canada
  • U.S. State Regulations
  • Environmental Protection Agency (EPA)
  • U.S. Food and Drug Administration
  • European Union Additive Regulation
  • Packing, Transportation and Storage Regulations

5 Acetic Acid Market, by Derivative and Their Applications

  • Overview
  • Market Size Estimation and Forecast, by Derivative
  • Vinyl Acetate Monomer (VAM)
  • Overview
  • Structure
  • Properties
  • Production Process
  • Historical Production
  • Major Manufacturers
  • Hazards
  • Applications
  • Regional Outlook
  • Market Size Estimation and Forecast, by Application
  • Market Size Estimation and Forecast, By Region
  • Purified Terephthalic Acid (PTA)
  • Overview
  • Structure
  • History
  • Properties
  • Production Process
  • Historical Production
  • Major Manufacturers
  • Hazards
  • Handling and Storage
  • Applications
  • Regional Outlook
  • Market Size Estimation and Forecast, by Application
  • Market Size Estimation and Forecast, by Region
  • Acetate Esters
  • Overview
  • Structure
  • Properties
  • Production Process
  • Major Manufacturers
  • Applications
  • Regional Outlook
  • Market Size Estimation and Forecast, by Application
  • Market Size Estimation and Forecast, By Region
  • Acetic Anhydride
  • Overview
  • Structure
  • History
  • Properties
  • Production Process
  • Historical Production
  • Major Manufacturers
  • Hazards
  • Handling and Storage
  • Applications
  • Regional Overview
  • Market Size Estimation and Forecast, by Application
  • Market Size Estimation and Forecast, by Region
  • Monochloroacetic Acid (MCCA)
  • Overview
  • Structure
  • History
  • Properties
  • Production Process
  • Historical Production
  • Major Manufacturers
  • Hazards
  • Handling and Storage
  • Applications
  • Regional Overview
  • Market Size Estimation and Forecast, by Application
  • Market Size Estimation and Forecast, by Region

6 Acetic Acid Market, by Region

  • Introduction
  • North America
  • Overview and Drivers
  • Market Size Estimation and Forecast
  • Europe
  • Overview and Drivers
  • Market Size Estimation and Forecast
  • Asia-Pacific
  • Market Size Estimation and Forecast
  • South America
  • Overview and Drivers
  • Market Size Estimation and Forecast
  • Rest of the World
  • Overview and Drivers
  • Market Size Estimation and Forecast

7 Competitive Landscape

  • Industry Overview
  • Market Share Analysis
  • Strategy Analysis

8 Company Profiles

  • ASHOK ALCO-CHEM LTD. (AACL)
  • Business Overview
  • Business Performance
  • Products Offered
  • BP PLC
  • Business Performance
  • Products Offered
  • CELANESE CORP.
  • Business Overview
  • Business Performance
  • Products Offered
  • Developments and Strategies
  • CHANG CHUN PETROCHEMICAL CO. LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • DAICEL CORP.
  • Business Overview
  • Business Performance
  • Products Offered
  • DOWDUPONT INC.
  • Business Overview
  • Business Performance
  • Products Offered
  • EASTMAN CHEMICAL CO.
  • Business Overview
  • Business Performance
  • Products offered
  • EUROCHEM
  • Business Overview
  • Business Performance
  • Products Offered
  • Developments and Strategies
  • GUJARAT NARMADA VALLEY FERTILIZERS AND CHEMICALS LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • HAOHUA JUNHUA GROUP CO., LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • JIANGSU SOPO (GROUP) CO. LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • JUBILANT LIFE SCIENCES LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • KANORIA CHEMICALS AND INDUSTRIES LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • KINGBOARD CHEMICAL HOLDINGS LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
  • Business Overview
  • Business Performance
  • Products offered
  • Developments and Strategies
  • MITSUBISHI CHEMICAL CORP.
  • Business Overview
  • Business Performance
  • Products Offered
  • PENTOKEY ORGANY (INDIA) LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • RIDHDHI SIDHDHI CHEMICALS
  • Business Overview
  • Products Offered
  • SHANDONG HUALU-HENGSHENG CHEMICAL CO. LTD.
  • Business Overview
  • Business Performance
  • Products Offered
  • SAUDI INTERNATIONAL PETROCHEMICAL CO. (SIPCHEM)
  • Business Overview
  • Business Performance
  • Products Offered
  • THANA ACID AND CHEMICAL CO.
  • Business Overview
  • Products Offered
  • YANCHENG CITY CHUNZUA AROMA CO. LTD.
  • Business Overview
  • Products Offered

9 Appendix: List of Abbreviations

  • Abbreviations

List of Tables
Summary Table A: Global Market for Acetic Acid, by Region, Through 2023
Summary Table B: Global Market Volume for Acetic Acid, by Region, Through 2023
Table 1: Acetic Acid: An Overview
Table 2: Health Effects Caused by Acetic Acid, by Type
Table 3: Production Capacity of Acetic Acid in U.S., by Manufacturer, 2016
Table 4: Production Capacity of Acetic Acid in Asia-Pacific, by Manufacturer, 2013
Table 5: Production Capacity of Acetic Acid in Asia-Pacific, by Manufacturer, 2017
Table 6: Production Capacity of Acetic Acid in Europe, Middle East and Africa, by Manufacturer, 2013
Table 7: Global Market for Acetic Acid, by Derivative, Through 2023
Table 8: Global Market Volume for Acetic Acid, by Derivative, Through 2023
Table 9: Vinyl Acetate Monomer: An Overview
Table 10: Production Capacity of Vinyl Acetate Monomer in U.S., by Manufacturer, 2016
Table 11: Global Market for Acetic Acid in VAM, by Application, Through 2023
Table 12: Global Market Volume for Acetic Acid in VAM, by Application, Through 2023
Table 13: Global Market for Acetic Acid in VAM, by Region, Through 2023
Table 14: Global Market Volume for Acetic Acid in VAM, by Region, Through 2023
Table 15: Purified Terephthalic Acid: An Overview
Table 16: Global Market for Acetic Acid in PTA, by Application, Through 2023
Table 17: Global Market Volume for Acetic Acid in PTA, by Application, Through 2023
Table 18: Global Market for Acetic Acid in PTA, by Region, Through 2023
Table 19: Global Market Volume for Acetic Acid in PTA, by Region, Through 2023
Table 20: Acetate Esters: An Overview
Table 21: Global Market for Acetic Acid in Acetate Esters, by Application, Through 2023
Table 22: Global Market Volume for Acetic Acid in Acetate Esters, by Application, Through 2023
Table 23: Global Market for Acetic Acid in Acetate Esters, by Region, Through 2023
Table 24: Global Market Volume for Acetic Acid in Acetate Esters, by Region, Through 2023
Table 25: Acetic Anhydride: An Overview
Table 26: Global Market for Acetic Acid in Acetic Anhydride, by Application, Through 2023
Table 27: Global Market Volume for Acetic Acid in Acetic Anhydride, by Application, Through 2023
Table 28: Global Market for Acetic Acid in Acetic Anhydride, by Region, Through 2023
Table 29: Global Market Volume for Acetic Acid in Acetic Anhydride, by Region, Through 2023
Table 30: Monochloroacetic Acid: An Overview
Table 31: Global Market for Acetic Acid in MCCA, by Application, Through 2023
Table 32: Global Market Volume for Acetic Acid in MCCA, by Application, Through 2023
Table 33: Global Market for Acetic Acid in MCCA, by Region, Through 2023
Table 34: Global Market Volume for Acetic Acid in MCCA, by Region, Through 2023
Table 35: North America Market for Acetic Acid, by Country, Through 2023
Table 36: North America Market Volume for Acetic Acid, by Country, Through 2023
Table 37: North America Market for Acetic Acid, by Derivative, Through 2023
Table 38: North America Market Volume for Acetic Acid, by Derivative, Through 2023
Table 39: Europe Market for Acetic Acid, by Country, Through 2023
Table 40: Europe Market Volume for Acetic Acid, by Country, Through 2023
Table 41: Europe Market for Acetic Acid, by Derivative, Through 2023
Table 42: Europe Market Volume for Acetic Acid, by Derivative, Through 2023
Table 43: Asia-Pacific Acetic Acid Plant Turnaround Capacity, by Company, 2018-2019
Table 44: Asia-Pacific Market for Acetic Acid, by Country, Through 2023
Table 45: Asia-Pacific Market Volume for Acetic Acid, by Country, Through 2023
Table 46: Asia-Pacific Market for Acetic Acid, by Derivative, Through 2023
Table 47: Asia-Pacific Market Volume for Acetic Acid, by Derivative, Through 2023
Table 48: South America Market for Acetic Acid, by Country, Through 2023
Table 49: South America Market Volume for Acetic Acid, by Country, Through 2023
Table 50: South America Market for Acetic Acid, by Derivative, Through 2023
Table 51: South America Market Volume for Acetic Acid, by Derivative, Through 2023
Table 52: Rest of the World Market for Acetic Acid, by Region, Through 2023
Table 53: Rest of the World Market Volume for Acetic Acid, by Region, Through 2023
Table 54: Rest of the World Market for Acetic Acid, by Derivative, Through 2023
Table 55: Rest of the World Market Volume for Acetic Acid, by Derivative, Through 2023
Table 56: Company Presence in the Acetic Acid Derivatives Market
Table 57: Recent Developments and Strategies in the Acetic Acid Market, by Company, 2015-2018
Table 58: Ashok Alco-Chem Ltd. Company Financials, 2015-2017
Table 59: Products: Ashok Alco-Chem Ltd.
Table 60: BP PLC Company Financials, 2015-2017
Table 61: Products: BP PLC
Table 62: Developments: BP PLC
Table 63: Celanese Corp. Company Financials, 2015-2017
Table 64: Products: Celanese Corp.
Table 65: Developments: Celanese Corp.
Table 66: Products: Chang Chun Group
Table 67: Daicel Corp. Company Financials, 2015-2017
Table 68: Products: Daicel Corp.
Table 69: DowDuPont Inc. Company Financials, 2015-2017
Table 70: Products: DowDuPont Inc.
Table 71: Eastman Chemical Co. Company Financials, 2015-2017
Table 72: Products: Eastman Chemical Co.
Table 73: EuroChem: Company Financials, 2015-2017
Table 74: Products: EuroChem
Table 75: Developments: EuroChem
Table 76: Gujarat Narmada Valley Fertilizers and Chemicals Company Financials, 2015-2017
Table 77: Products: Gujarat Narmada Valley Fertilizers and Chemicals
Table 78: Products: Haohua Junhua Group Co. Ltd.
Table 79: Jubilant Life Sciences Company Financials, 2015-2017
Table 80: Products: Jubilant Life Sciences
Table 81: Kanoria Chemicals and Industries Ltd. Company Financials, 2015-2017
Table 82: Products: Kanoria Chemicals and Industries Ltd.
Table 83: Kingboard Chemical Holdings Ltd. Company Financials, 2015-2017
Table 84: Products: Kingboard Chemical Holdings Ltd.
Table 85: Lyondellbasell Industries Holdings B.V. Company Financials, 2015-2017
Table 86: Products: Lyondellbasell Industries Holdings B.V.
Table 87: Developments: Lyondellbasell Industries Holdings B.V.
Table 88: Mitsubishi Chemical Corp. Company Financials, 2015-2017
Table 89: Products: Mitsubishi Chemical Corp.
Table 90: Pentokey Organy (India) Ltd. Company Financials, 2015-2017
Table 91: Products: Pentokey Organy (India) Ltd.
Table 92: Products: Ridhdhi Sidhdhi Chemicals
Table 93: Products: Shandong Hualu-Hengsheng Chemical Co. Ltd.
Table 94: SIPCHEM Company Financials, 2015-2017
Table 95: Products: SIPCHEM
Table 96: Products: Thana Acid and Chemical Co.
Table 97: Abbreviations Used in Acetic Acid Market

List of Figures
Summary Figure A: Global Market for Acetic Acid, by Region, 2017-2023
Summary Figure B: Global Market Volume for Acetic Acid, by Region, 2017-2023
Figure 1: Acetic Acid Chain
Figure 2: Evolution of Acetic Acid
Figure 3: Chemical Structure of Acetic Acid
Figure 4: Global Market Volume for Vinyl Acetate Monomer, 2017-2023
Figure 5: Global Packaged Food Sales, 2014-2019
Figure 6: Global Increasing Consumption of PET Bottle, 2016-2023
Figure 7: Global Production Capacity of PET Bottle, 2004-2021
Figure 8: Global Textile and Apparel Industry Market Trend, 2015-2020
Figure 9: Manufacturing Process of Bio-Based Acetic Acid
Figure 10: Fluctuating Price Trends of Methanol, 2001-2018
Figure 11: Global Market for Acetic Acid, by Derivative, 2017-2023
Figure 12: Global Market Volume for Acetic Acid, by Derivative, 2017-2023
Figure 13: Structure of Vinyl Acetate Monomer (VAM)
Figure 14: Production Process of Vinyl Acetate Monomer (VAM)
Figure 15: Global Market for Acetic Acid in VAM, by Application, 2017-2023
Figure 16: Global Market Volume for Acetic Acid in VAM, by Application, 2017-2023
Figure 17: Global Market for Acetic Acid in VAM, by Region, 2017-2023
Figure 18: Global Market Volume for Acetic Acid in VAM, by Region, 2017-2023
Figure 19: Structure of Purified Terephthalic Acid (PTA)
Figure 20: Production Process of Purified Terephthalic Acid (PTA)
Figure 21: Global Market for Acetic Acid in PTA, by Application, 2017-2023
Figure 22: Global Market Volume for Acetic Acid in PTA, by Application, 2017-2023
Figure 23: Global Market for Acetic Acid in PTA, by Region, 2017-2023
Figure 24: Global Market Volume for Acetic Acid in PTA, by Region, 2017-2023
Figure 25: Structure of Acetate Esters
Figure 26: Global Market for Acetic Acid in Acetate Esters, by Application, 2017-2023
Figure 27: Global Market Volume for Acetic Acid in Acetate Esters, by Application, 2017-2023
Figure 28: Global Market for Acetic Acid in Acetate Esters, by Region, 2017-2023
Figure 29: Global Market Volume for Acetic Acid in Acetate Esters, by Region, 2017-2023
Figure 30: Structure of Acetic Anhydride
Figure 31: Production Process of Acetic Anhydride
Figure 32: Global Market for Acetic Acid in Acetic Anhydride, by Application, 2017-2023
Figure 33: Global Market Volume for Acetic Acid in Acetic Anhydride, by Application, 2017-2023
Figure 34: Global Market for Acetic Acid in Acetic Anhydride, by Region, 2017-2023
Figure 35: Global Market Volume for Acetic Acid in Acetic Anhydride, by Region, 2017-2023
Figure 36: Structure of Monochloroacetic acid (MCCA)
Figure 37: Production Process of Monochloroacetic Acid
Figure 38: Global Market for Acetic Acid in MCCA, by Application, 2017-2023
Figure 39: Global Market Volume for Acetic Acid in MCCA, by Application, 2017-2023
Figure 40: Global Market for Acetic Acid in MCCA, by Region, 2017-2023
Figure 41: Global Market Volume for Acetic Acid in MCCA, by Region, 2017-2023
Figure 42: North America Market for Acetic Acid, by Country, 2017-2023
Figure 43: North America Market Volume for Acetic Acid, by Country, 2017-2023
Figure 44: North America Market for Acetic Acid, by Derivative, 2017-2023
Figure 45: North America Market Volume for Acetic Acid, by Derivative, 2017-2023
Figure 46: Europe Market for Acetic Acid, by Country, 2017-2023
Figure 47: Europe Market Volume for Acetic Acid, by Country, 2017-2023
Figure 48: Europe Market for Acetic Acid, by Derivative, 2017-202
Figure 49: Europe Market Volume for Acetic Acid, by Derivative, 2017-2023
Figure 50: Asia-Pacific Market for Acetic Acid, by Country, 2017-2023
Figure 51: Asia-Pacific Market Volume for Acetic Acid, by Country, 2017-2023
Figure 52: Asia-Pacific Market for Acetic Acid, by Derivative, 2017-2023
Figure 53: Asia-Pacific Market Volume for Acetic Acid, by Derivative, 2017-2023
Figure 54: South America Market for Acetic Acid, by Country, 2017-2023
Figure 55: South America Market Volume for Acetic Acid, by Country, 2017-2023
Figure 56: South America Market for Acetic Acid, by Derivative, 2017-2023
Figure 57: South America Market Volume for Acetic Acid, by Derivative, 2017-2023
Figure 58: Rest of the World Market for Acetic Acid, by Region, 2017-2023
Figure 59: Rest of the World Market Volume for Acetic Acid, by Region, 2017-2023
Figure 60: Rest of the World Market for Acetic Acid, by Derivative, 2017-2023
Figure 61: Rest of the World Market Volume for Acetic Acid, by Region, 2017-2023
Figure 62: Global Market Share for Acetic Acid, by Company, 2017
Figure 63: Ashok Alco-Chem Ltd. Revenue Share, by Segment, 2017
Figure 64: BP PLC Revenue Share, by Segment, 2017
Figure 65: BP PLC Revenue Share, by Region, 2017
Figure 66: Celanese Corp. Revenue Share, by Segment, 2017
Figure 67: Celanese Corp. Revenue Share, by Region, 2017
Figure 68: Celanese Corp. Acetyl Intermediates Revenue Share,
Figure 69: Daicel Corp. Revenue Share, by Segment, 2017
Figure 70: Daicel Corp. Revenue Share, by Region, 2017
Figure 71: DowDuPont Inc. Revenue Share, by Segment, 2017
Figure 72: DowDuPont Inc. Revenue Share, by Region, 2017
Figure 73: Eastman Chemical Co. Revenue Share, by Segment, 2017
Figure 74: Eastman Chemical Co. Revenue Share, by Region, 2017
Figure 75: EuroChem Revenue Share, by Segment, 2017
Figure 76: EuroChem Revenue Share, by Region, 2017
Figure 77: Gujarat Narmada Valley Fertilizers and Chemicals Revenue Share, by Segment, 2017
Figure 78: Jubilant Life Sciences Revenue Share, by Segment, 2017
Figure 79: Jubilant Life Sciences Revenue Share, by Region, 2017
Figure 80: Kanoria Chemicals and Industries Ltd. Revenue Share, by Segment, 2017
Figure 81: Kanoria Chemicals and Industries Ltd. Revenue Share, by Region, 2017
Figure 82: Kingboard Chemical Holdings Ltd. Revenue Share, by Segment, 2017
Figure 83: Lyondellbasell Industries Holdings B.V. Revenue Share, by Segment, 2017
Figure 84: Mitsubishi Chemical Corp. Revenue Share, by Segment, 2017
Figure 85: Shandong Hualu-Hengsheng Chemical Co. Ltd. Revenue Share, by Segment, 2017
Figure 86: SIPCHEM Revenue Share, by Segment, 2017
Figure 87: Sipchem Revenue Share, by Region, 2017

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FEATURED COMPANIES

  • BP Plc
  • Celanese Corp.
  • Daicel Corp.
  • Dowdupont Inc.
  • Eastman Chemical Co.
  • Eurochem
  • MORE

Acetic acid is one of the simplest carboxylic acids which is a colorless organic compound. It has two carbon (C) atoms, four hydrogen (H) atoms and two oxygen (O) atoms, and consists of a methyl group which is attached to a carboxyl acid. It is also known as ethanoic acid or methanecarboxylic acid and is mainly produced by fermentation, followed by oxidation of ethanol.

The usage of acetic acid began in the 3rd century BC, when Theophrastus, the Greek philosopher described how vinegar acts on metals to produce pigments, including lead carbonate and a mixture of copper salts including copper acetate.

Acetic acid, at present, is used widely in various industries, the major ones being the production of polymers, pharmaceuticals, as solvents, food additives, lubricants, soaps and detergents, agrochemicals, animal feed, textiles, plastics, lubricant, varnishes, resins, transparent adhesives, cosmetics, personal care products, coatings, rubber, and paint. The global acetic acid market has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years, mainly driven by the growth of vinyl acetate monomer (VAM) in the food and beverage industry (food packaging, food preservatives). The acetic acid market is also driven by the increasing demand for polyvinyl acetates and vinyl alcohols, which are accelerating the demand for acetic acid. Increasing textile and packaging industries are one of the key drivers behind the strong growth of Purified Terephthalic Acid (PTA); while budding coatings consumption is pushing the demand of ester solvents at a notable pace.

By derivative, the global acetic acid market is segmented into these categories: vinyl acetate monomer, purified terephthalic acid, acetate esters, acetic anhydride and monochloroacetic acid. Vinyl acetate monomer had the highest share in 2017. Acetic acid is the main feedstock to manufacture vinyl acetate monomer.

By region, the global acetic acid market is segmented into North America, Europe, Asia-Pacific, South America and the Rest of the World. In terms of value and volume, Asia-Pacific had the highest share in 2017. The dynamics of each region are different, with many industrial application production platforms having migrated from North America and Europe to Asia-Pacific countries, changing the consumption pattern and product flow in each region.

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  • Ashok Alco-Chem Ltd. (Aacl)
  • BP Plc
  • Celanese Corp.
  • Chang Chun Petrochemical Co. Ltd.
  • Daicel Corp.
  • Dowdupont Inc.
  • Eastman Chemical Co.
  • Eurochem
  • Gujarat Narmada Valley Fertilizers And Chemicals Ltd.
  • Haohua Junhua Group Co., Ltd.
  • Jiangsu Sopo (Group) Co. Ltd.
  • Jubilant Life Sciences Ltd.
  • Kanoria Chemicals And Industries Ltd.
  • Kingboard Chemical Holdings Ltd.
  • Lyondellbasell Industries Holdings B.V.
  • Mitsubishi Chemical Corp.
  • Pentokey Organy (India) Ltd.
  • Ridhdhi Sidhdhi Chemicals
  • Saudi International Petrochemical Co. (Sipchem)
  • Shandong Hualu-Hengsheng Chemical Co. Ltd.
  • Thana Acid And Chemical Co.
  • Yancheng City Chunzua Aroma Co. Ltd.
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