Acetic Acid Market Size By Application (Vinyl Acetate Monomer [VAM], Purified Terephthalic Acid [PTA], Acetate Esters, Acetic Anhydride), Bio-based Acetic Acid (Industry Scope, Technology Insights, Commercialization, Addressable Market Potential), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 - 2024

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Acetic Acid Market size will cross USD 16 billion by 2024 according to a new research report. The acetic acid market will witness substantial gains due to increased demand in the manufacturing of purified terephthalic acid (PTA) and vinyl acetate monomer (VAM). It is majorly consumed in producing photographic chemicals, diketene, camphor, and mono chloroacetic acid that drives its market. Global chemical industry was above USD 5 trillion in 2013, its size has almost doubled in the last decade. This, positive outlook of chemical industry will boost product?s consumption. Acetic acid is used as a raw material in an array of downstream chemicals. Vinegar is one such chemical, commonly used for cooking, and has recently developed as a food ingredient. Consumer awareness related to health benefits by consumption of vinegar in recommended quantity is rising its demand in food items. The global food market will grow at a CAGR of above 4% till 2024, escalating food industry and vinegar usage in these products will complement acetic acid market growth. Certain health hazards and operational snags associated with the acid are irritation to skin, corrosive to metals, reduced performance at low temperature, and decreased compatibility with quarts. Further, fluctuating methanol prices, a major raw material for formulation of the acid leads to unstable acetic acid market price trend. Acetic anhydride had a size of more than 1,400 kilo tons in 2016 in acetic acid market. Its extensive applications are in the production of medicines such as acetaminophen and aspirin. It is consumed in producing modified starches, that act as a food preservative as it is stable against mild acids and heat. These starches are ingredients of food products viz muesli bars, mayonnaises, sauces, flavored toppings, cake mixes, frozen cakes, ice-cream and frozen foods. China accounted above 35% share in terms of consumption in 2016 and will maintain its significance till 2024. China acetic acid market growth is attributed to its flourishing industrial sectors of polymers, food products, chemicals, and adhesives. The country exports the acid to a limited extent as major produce gets consumed domestically. Europe had a size of above USD 1.4 billion in 2016 in the acetic acid market. Flourishing frozen food market in Spain, Italy and Germany will increase compound?s demand as a food preservative. The market is fragmented in nature with small and medium scale manufacturers including Saudi International Petrochemicals, Wacker Chemie, DuPont, Sinopec, PetroChina, LyondellBasell Industries, HELM AG, GNFC Limited, Daicel Corporation, and Mitsubishi Chemical. Major companies dominating the market are Sopo, Celanese, Eastman Chemicals and Bharat Petroleum. Producers are developing bio-based acetic acid to achieve a competitive edge. For instance, In March 2010, Wacker Chemie started its bio-based acetic acid plant in Germany, having an annual capacity of 500 tons. It is indulged in developing new techniques of producing the product such as converting butanediol to ketone and ultimately acetic acid, or formulating acetate from biomass. The industry will witness some consolidation in future owing to mergers and acquisition. For instance, In 2011, Eastman acquired Sterling Chemical?s acetic acid production division. Companies are indulged in purchasing shares of other organizations such as Saudi International Petrochemical Company planned to acquire equities of International Acetyl Company, Ikarus Petroleum Industries Company and International Vinyl Acetate Company. Acetic acid market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume in kilotons & revenue in USD from 2013 to 2024, for the following segments: Acetic Acid Market By Application Vinyl acetate monomer PTA Acetate esters Acetic anhydride Others The above information is provided on a regional and country basis for the following: North America U.S. Canada Europe Germany UK France Spain Italy Asia Pacific China India Japan Australia Indonesia Malaysia Latin America Brazil Mexico MEA South Africa GCC

 

Report Content

Chapter 1. Methodology and Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Definitions & forecast parameters

1.2. Data sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Acetic acid industry 360° synopsis, 2013 – 2024

2.1.1. Business trends

2.1.2. Application trends

2.1.3. Regional trends

Chapter 3. Acetic Acid Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.3.2. Distributor channel analysis

3.4. Industry impact forces

3.4.1. Growth drivers

3.4.1.1. Increasing usage of VAM in multiple industries

3.4.1.2. Consumption of purified terephthalic acid (PTA) in PET bottles

3.4.2. Industry pitfalls & challenges

3.4.2.1. Wavering prices of methanol

3.5. Regional price trends

3.5.1. Cost structure analysis

3.5.2. Raw material trends

3.6. Growth potential analysis

3.7. Technology & innovation landscape

3.7.1. Synthesis of acetic acid from bio-based materials gaining impetus

3.8. Bio-based acetic acid market potential & scope

3.8.1. Feedstocks analysis

3.8.1.1. Sugar

3.8.1.2. Corn

3.8.1.3. Cheese whey waste

3.8.1.4. Poplar trees

3.8.1.5. Others (food waste, corn mill stillage, bakery residual etc.)

3.8.2. Raw material analysis

3.8.2.1. Bio-ethanol

3.8.2.2. Bio-methanol

3.8.2.3. Biomass-based butanediol

3.8.2.4. Bio-derived syngas

3.8.2.5. Others

3.8.3. Technology landscape

3.8.4. Penetration price

3.8.5. Commercialization status

3.8.6. Addressable market potential

3.8.6.1. Market estimates and forecasts, 2013 - 2024

3.8.6.2. Market estimates and forecasts by region, 2013 – 2024

3.8.7. List of bio-acetic acid manufacturers

3.8.8. Potential customers

3.9. Regulatory trends

3.9.1. U.S.

3.9.2. Europe

3.9.3. China

3.10. Porter’s analysis

3.11. Company market share analysis, 2016

3.11.1. Strategy dashboard

3.12. PESTEL analysis

Chapter 4. Acetic Acid Market, By Application

4.1. Acetic acid market share by application, 2016 & 2024

4.2. Vinyl acetate monomer (VAM)

4.2.1. Market estimates and forecasts, 2013 - 2024

4.2.2. Market estimates and forecasts by region, 2013 – 2024

4.3. Purified terephthalic acid (PTA)

4.3.1. Market estimates and forecasts, 2013 - 2024

4.3.2. Market estimates and forecasts by region, 2013 – 2024

4.4. Acetate esters

4.4.1. Market estimates and forecasts, 2013 - 2024

4.4.2. Market estimates and forecasts by region, 2013 – 2024

4.5. Acetic anhydride

4.5.1. Market estimates and forecasts, 2013 - 2024

4.5.2. Market estimates and forecasts by region, 2013 – 2024

4.6. Others

4.6.1. Market estimates and forecasts, 2013 - 2024

4.6.2. Market estimates and forecasts by region, 2013 – 2024

Chapter 5. Acetic Acid Market, By Region

5.1. Acetic acid market share by region, 2015 & 2024

5.2. North America

5.2.1. North America market estimates and forecast, 2013 - 2024

5.2.2. North America market estimates and forecasts by application, 2013 – 2024

5.2.3. U.S.

5.2.3.1. U.S market estimates and forecast, 2013 - 2024

5.2.3.2. U.S. market estimates and forecasts by application, 2013 – 2024

5.2.4. Canada

5.2.4.1. Canada market estimates and forecast, 2013 - 2024

5.2.4.2. Canada market estimates and forecasts by application, 2013 – 2024

5.3. Europe

5.3.1. Europe market estimates and forecast, 2013 - 2024

5.3.2. Europe market estimates and forecasts by application, 2013 – 2024

5.3.3. Germany

5.3.3.1. Germany market estimates and forecast, 2013 – 2024

5.3.3.2. Germany market estimates and forecasts by application, 2013 – 2024

5.3.4. UK

5.3.4.1. UK market estimates and forecast, 2013 - 2024

5.3.4.2. UK market estimates and forecasts by application, 2013 – 2024

5.3.5. France

5.3.5.1. France market estimates and forecast, 2013 - 2024

5.3.5.2. France market estimates and forecasts by application, 2013 – 2024

5.3.6. Spain

5.3.6.1. Spain market estimates and forecast, 2013 - 2024

5.3.6.2. Spain market estimates and forecasts by application, 2013 – 2024

5.3.7. Italy

5.3.7.1. Italy market estimates and forecast, 2013 - 2024

5.3.7.2. Italy market estimates and forecasts by application, 2013 – 2024

5.4. Asia Pacific

5.4.1. Asia Pacific market estimates and forecast, 2013 - 2024

5.4.2. Asia Pacific market estimates and forecasts by application, 2013 – 2024

5.4.3. China

5.4.3.1. China market estimates and forecast, 2013 - 2024

5.4.3.2. China market estimates and forecasts by application, 2013 – 2024

5.4.4. India

5.4.4.1. India market estimates and forecast, 2013 - 2024

5.4.4.2. India market estimates and forecasts by application, 2013 – 2024

5.4.5. Japan

5.4.5.1. Japan market estimates and forecast, 2013 - 2024

5.4.5.2. Japan market estimates and forecasts by application, 2013 – 2024

5.4.6. Australia

5.4.6.1. Australia market estimates and forecast, 2013 - 2024

5.4.6.2. Australia market estimates and forecasts by application, 2013 – 2024

5.4.7. Indonesia

5.4.7.1. Indonesia market estimates and forecast, 2013 - 2024

5.4.7.2. Indonesia market estimates and forecasts by application, 2013 – 2024

5.4.8. Malaysia

5.4.8.1. Malaysia market estimates and forecast, 2013 - 2024

5.4.8.2. Malaysia market estimates and forecasts by application, 2013 – 2024

5.5. Latin America (LATAM)

5.5.1. LATAM market estimates and forecast, 2013 - 2024

5.5.2. LATAM market estimates and forecasts by application, 2013 – 2024

5.5.3. Brazil

5.5.3.1. Brazil market estimates and forecast, 2013 - 2024

5.5.3.2. Brazil market estimates and forecasts by application, 2013 – 2024

5.5.4. Mexico

5.5.4.1. Mexico market estimates and forecast, 2013 - 2024

5.5.4.2. Mexico market estimates and forecasts by application, 2013 – 2024

5.6. Middle East & Africa (MEA)

5.6.1. MEA market estimates and forecast, 2013 - 2024

5.6.2. MEA market estimates and forecasts by application, 2013 – 2024

5.6.3. South Africa

5.6.3.1. South Africa market estimates and forecast, 2013 - 2024

5.6.3.2. South Africa market estimates and forecasts by application, 2013 – 2024

5.6.4. GCC

5.6.4.1. GCC market estimates and forecast, 2013 - 2024

5.6.4.2. GCC market estimates and forecasts by application, 2013 – 2024

Chapter 6. Company Profiles

6.1. British Petroleum Plc

6.1.1. Business overview

6.1.2. Financial data

6.1.3. Product landscape

6.1.4. SWOT analysis

6.1.5. Strategic outlook

6.2. Celanese Corporation

6.2.1. Business overview

6.2.2. Financial data

6.2.3. Product landscape

6.2.4. SWOT analysis

6.2.5. Strategic outlook

6.3. Daicel Corporation

6.3.1. Business overview

6.3.2. Financial data

6.3.3. Product landscape

6.3.4. SWOT analysis

6.3.5. Strategic outlook

6.4. DuPont

6.4.1. Business overview

6.4.2. Financial data

6.4.3. Product landscape

6.4.4. SWOT analysis

6.4.5. Strategic outlook

6.5. Eastman Chemical Company

6.5.1. Business overview

6.5.2. Financial data

6.5.3. Product landscape

6.5.4. SWOT analysis

6.5.5. Strategic outlook

6.6. GNFC Limited

6.6.1. Business overview

6.6.2. Financial data

6.6.3. Product landscape

6.6.4. SWOT analysis

6.6.5. Strategic outlook

6.7. HELM AG

6.7.1. Business overview

6.7.2. Financial data

6.7.3. Product landscape

6.7.4. SWOT analysis

6.7.5. Strategic outlook

6.8. LyondellBasell Industries N.V.

6.8.1. Business overview

6.8.2. Financial data

6.8.3. Product landscape

6.8.4. SWOT analysis

6.8.5. Strategic outlook

6.9. Mitsubishi Chemical Corporation

6.9.1. Business overview

6.9.2. Financial data

6.9.3. Product landscape

6.9.4. SWOT analysis

6.9.5. Strategic outlook

6.10. PetroChina

6.10.1. Business overview

6.10.2. Financial data

6.10.3. Product landscape

6.10.4. SWOT analysis

6.10.5. Strategic outlook

6.11. SABIC

6.11.1. Business overview

6.11.2. Financial data

6.11.3. Product landscape

6.11.4. SWOT analysis

6.11.5. Strategic outlook

6.12. Showa Denko K.K.

6.12.1. Business overview

6.12.2. Financial data

6.12.3. Product landscape

6.12.4. SWOT analysis

6.12.5. Strategic outlook

6.13. Sinopec

6.13.1. Business overview

6.13.2. Financial data

6.13.3. Product landscape

6.13.4. SWOT analysis

6.13.5. Strategic outlook

6.14. Svensk Etanolkemi AB (SEKAB)

6.14.1. Business overview

6.14.2. Financial data

6.14.3. Product landscape

6.14.4. SWOT analysis

6.14.5. Strategic outlook

6.15. Wacker Chemie AG

6.15.1. Business overview

6.15.2. Financial data

6.15.3. Product landscape

6.15.4. SWOT analysis

6.15.5. Strategic outlook



Data Tables

TABLE 1 Acetic acid industry 360° synopsis, 2013 – 2024

TABLE 2 Global acetic acid market (Volume & Revenue), 2013 - 2024

TABLE 3 Global acetic acid market by application, (Kilo Tons), 2013 – 2024

TABLE 4 Global acetic acid market by application, (USD Million), 2013 - 2024

TABLE 5 Global acetic acid market by region (Kilo Tons), 2013 - 2024

TABLE 6 Global acetic acid market by region (USD Million), 2013 - 2024

TABLE 7 Industry impact forces

TABLE 8 Global bio-based acetic acid market share by feedstocks (Kilo Tons), 2013 – 2024

TABLE 9 Global bio-based acetic acid market share by feedstocks (USD Million), 2013 – 2024

TABLE 10 Global bio-based acetic acid market share by raw material (Kilo Tons), 2013 – 2024

TABLE 11 Global bio-based acetic acid market share by raw material (USD Million), 2013 - 2024

TABLE 12 Global bio-based acetic acid market by region (Kilo Tons), 2013 – 2024

TABLE 13 Global bio-based acetic acid market by region (USD Million), 2013 - 2024

TABLE 14 Global acetic acid market for vinyl acetate monomer (Volume & Revenue), 2013 – 2024

TABLE 15 Global acetic acid market volume for vinyl acetate monomer, by region (Kilo Tons), 2013 – 2024

TABLE 16 Global acetic acid market revenue for vinyl acetate monomer, by region (USD Million), 2013 – 2024

TABLE 17 Global acetic acid market for PTA (Volume & Revenue), 2013 – 2024

TABLE 18 Global acetic acid market volume for PTA, by region (Kilo Tons), 2013 – 2024

TABLE 19 Global acetic acid market revenue for PTA, by region (USD Million), 2013 – 2024

TABLE 20 Global acetic acid market for acetate esters (Volume & Revenue), 2013 – 2024

TABLE 21 Global acetic acid market volume for acetate esters, by region (Kilo Tons), 2013 – 2024

TABLE 22 Global acetic acid market revenue for acetate esters, by region (USD Million), 2013 – 2024

TABLE 23 Global acetic acid market for acetic anhydride (Volume & Revenue), 2013 – 2024

TABLE 24 Global acetic acid market volume for acetic anhydride, by region (Kilo Tons), 2013 – 2024

TABLE 25 Global acetic acid market revenue for acetic anhydride, by region (USD Million), 2013 – 2024

TABLE 26 Global acetic acid market for other applications (Volume & Revenue), 2013 – 2024

TABLE 27 Global acetic acid market volume for other applications, by region (Kilo Tons), 2013 – 2024

TABLE 28 Global acetic acid market revenue for other applications, by region (USD Million), 2013 – 2024

TABLE 29 North America acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 30 North America acetic acid market estimates by application (Kilo Tons), 2013 – 2024

TABLE 31 North America acetic acid market estimates by application (USD Million), 2013 – 2024

TABLE 32 U.S. acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 33 U.S. acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 34 U.S. acetic acid market by application (USD Million), 2013 - 2024

TABLE 35 Canada acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 36 Canada acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 37 Canada acetic acid market by application (USD Million), 2013 - 2024

TABLE 38 Europe acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 39 Europe acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 40 Europe acetic acid market by application (USD Million), 2013 - 2024

TABLE 41 Germany acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 42 Germany acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 43 Germany acetic acid market by application (USD Million), 2013 - 2024

TABLE 44 UK acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 45 UK acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 46 UK acetic acid market by application (USD Million), 2013 - 2024

TABLE 47 France acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 48 France acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 49 France acetic acid market by application (USD Million), 2013 - 2024

TABLE 50 Spain acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 51 Spain acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 52 Spain acetic acid market by application (USD Million), 2013 - 2024

TABLE 53 Italy acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 54 Italy acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 55 Italy acetic acid market by application (USD Million), 2013 - 2024

TABLE 56 Asia Pacific acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 57 Asia Pacific acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 58 Asia Pacific acetic acid market by application (USD Million), 2013 - 2024

TABLE 59 China acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 60 China acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 61 China acetic acid market by application (USD Million), 2013 - 2024

TABLE 62 India acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 63 India acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 64 India acetic acid market by application (USD Million), 2013 - 2024

TABLE 65 Japan acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 66 Japan acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 67 Japan acetic acid market by application (USD Million), 2013 - 2024

TABLE 68 Australia acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 69 Australia acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 70 Australia acetic acid market by application (USD Million), 2013 - 2024

TABLE 71 Indonesia acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 72 Indonesia acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 73 Indonesia acetic acid market by application (USD Million), 2013 - 2024

TABLE 74 Malaysia acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 75 Malaysia acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 76 Malaysia acetic acid market by application (USD Million), 2013 - 2024

TABLE 77 Latin America acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 78 Latin America acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 79 Latin America acetic acid market by application (USD Million), 2013 - 2024

TABLE 80 Brazil acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 81 Brazil acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 82 Brazil acetic acid market by application (USD Million), 2013 - 2024

TABLE 83 Mexico acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 84 Mexico acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 85 Mexico acetic acid market by application (USD Million), 2013 - 2024

TABLE 86 MEA acetic acid market estimates & forecast (Kilo Tons) (USD Million), 2013 - 2024

TABLE 87 MEA acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 88 MEA acetic acid market by application (USD Million), 2013 - 2024

TABLE 89 South Africa acetic acid market estimates & forecast (Kilo Tons) (USD million), 2013 - 2024

TABLE 90 South Africa acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 91 South Africa acetic acid market by application (USD Million), 2013 - 2024

TABLE 92 GCC acetic acid market estimates & forecast (Kilo Tons) (USD million), 2013 - 2024

TABLE 93 GCC acetic acid market by application (Kilo Tons), 2013 - 2024

TABLE 94 GCC acetic acid market by application (USD Million), 2013 - 2024

Charts & Figures

FIG. 1 Industry segmentation

FIG. 2 Global acetic acid market, (Volume & Revenue), 2013 - 2024

FIG. 3 Industry ecosystem analysis

FIG. 4 Growth potential analysis

FIG. 5 Global bio-based acetic acid market volume share by feedstocks, 2016 & 2024

FIG. 6 Global bio-based acetic acid market volume share by raw material, 2016 & 2024

FIG. 7 Penetration prices

FIG. 8 Global bio-based acetic acid market volume share by region, 2016 & 2024

FIG. 9 Porter’s analysis

FIG. 10 Company market share analysis, 2016

FIG. 11 PESTEL analysis

FIG. 12 Regional price trends

FIG. 13 Global acetic acid market volume share by application, 2016 & 2024

FIG. 14 Global acetic acid market volume share by region, 2016 & 2024


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