Title: Asia-Pacific acetic acid market is expected to reach $5.4billion by 2018
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- Asia-Pacific Acetic Acid Market is Expected to
Reach 5.4billion By 2018
2- Acetic acid is an important chemical with
applications in several downstream industries
like textiles, food processing, and several other
industrial chemical processes. - Acetic acid prices are mainly driven by the
prices of feedstock and methanol in addition to
the downstream demand for its derivatives,
including vinyl acetate monomer (VAM), purified
terephthalic acid (PTA), acetic anhydride, and
ethyl acetate. - VAM is the largest single end-use for acetic
acid and is mainly used in paints, adhesives, and
coatings. PTA is mainly used in the manufacture
of polyester and fibers. - An increasing trend of acetate esters being
used, mainly as solvents for inks, paints, and
coatings, has also been observed in the last few
years.
3 Browse through the market data tables, figures
and detailed ToC on the Asia-Pacific Acetic acid
Market. http//www.micromarketmonitor.com/market
/asia-pacific-acetic-acid-5105577459.html
4Europe Acetic acid Market
- The Europe acetic acid market had been valued at
1.1billion in the year 2013, and is expected to
grow at 3.5 annually. - It is projected to reach 1.3billion by the end
of the year 2018. Europe acetic acid constitutes
15.9 of the global acetic acid market, and is
poised to grow its market share to 14.3 by the
end of year 2018. - The Europe acetic acid market is segmented on
basis of applications and geographies. - The Europe acetic acid market is segmented in
applications like vinyl acetate, ester solvents,
terephthalic acid, and acetic anhydride.
5 - On the technological front, emerging technologies
for producing chemicals and derivatives are
painting greener avenues for growth within the
industry. - Adoption of innovative and path breaking
technologies are providing competitive edge to
the companies to enhance their profit margins and
increase their capacity. - Accordingly, manufacturers of acetic acid are
increasingly adopting these technologies over
age-old technologies such as low-water
technology. - http//www.micromarketmonitor.com/market/europe-ac
etic-acid-1343748558.html
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