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Global Acetic Acid Market (2018-2022) - BP, Celanese, Daicel, Eastman Chemical, LyondellBasell, and SABIC are Dominating - ResearchAndMarkets.com

October 9, 2018

DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Global Acetic Acid Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The global acetic acid market, in terms of volume, is projected to grow more than 18,000 thousand metric tons during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is development of bio-based acetic acid. Unlike chemicals produced from fossils, bio-based products are not harmful to the environment. End-users and producers prefer alternatives to fossil-based raw materials and products.

According to the report, one driver in the market is growth in the paints in coatings market.

The global paints and coatings market was valued at $150.8 billion in 2017, and it is expected to grow at a CAGR of 5.6% throughout the forecast period. VAM is used in paints, adhesives, and coatings.

Further, the report states that one challenge in the market is fluctuations in acetic acid prices because of plant shutdowns. Plant shutdown and turnarounds pose serious challenges to the global acetic acid market. Plant turnaround refers to shutting down of plants for a certain period due to maintenance or events such as strike or fire.

Market Trends

Development of Bio-Based Acetic Acid Increasing Demand for Methanol Increasing Demand for VAM

Key Vendors

BP Celanese Corporation Daicel Corporation Eastman Chemical Company LyondellBasell Industries Holdings SABIC

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/zp7f8p/global_acetic?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005696/en/

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Related Topics:Surfactants,Solvents

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/09/2018 09:06 AM/DISC: 10/09/2018 09:05 AM

http://www.businesswire.com/news/home/20181009005696/en

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