Title: Europe Acetic Acid Market is Expected to Reach $1.3 Billion in 2018
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- Europe Acetic Acid Market is Expected to Reach
1.3 Billion in 2018
2 Browse through the market data tables, figures
and detailed ToC on the Europe Acetic Acid
Market. http//www.micromarketmonitor.com/marke
t/europe-acetic-acid-1343748558.html
3- The Europe Acetic Acid Market report defines and
segments the acetic acid market in Europe with
analysis and forecast of revenue. - The European acetic acid market has been valued
at 1.1 billion in the year 2013, growing at 3.5
annually, and is projected to reach 1.3 billion
by the end of 2018. - The European market constitutes 15.9 of the
global acetic acid market. - Acetic acid is an important chemical with
applications in several downstream industries
like textiles, food processing and several other
industrial chemical processes.
4Acetic acid Applications
- Acetic acid prices are mainly driven by the
prices of feedstock and methanol and 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. - Increasing demand from application segments such
as VAM and PTA is expected to drive the demand
for acetic acid over the forecast period.
5- This market is segmented on the basis of
applications and geographies. In applications, it
is segmented into Vinyl Acetate, Ester Solvents,
Terephthalic acid, and Acetic Anhydride. - On the technological front, emerging
technologies to produce chemicals and derivatives
are painting greener avenues for growth within
the industry. - The adoption of innovative and path-breaking
technologies is providing a competitive edge to
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
6Asia-Pacific Acetic acid Market
- Asia-Pacific Acetic acid market has been pegged
at 4.0b in the year 2013 growing at 6.4
annually and is projected to reach 5.4b by the
end of the year 2018. - Asia-Pacific Acetic acid constitute 55.9 of
Global Acetic acid market and are poised to grow
its market share to 57.4 by the end of year
2018. - Asia-Pacific Acetic acid market is segmented on
basis of applications and geographies.Asia-Pacific
Acetic acid are applied in Vinyl Acetate,
Terephthalic acid, Ester Solvents and Acetic
Anhydride. The Asia-Pacific Acetic acid report
provides deep dive competitive landscape covering
the top players such as Celanese Corporation,
JIANGSU SOPO (GROUP) CO.LTD., Shanghai Huayi
(Group) Company and YANKUANG CATHAY COAL
CHEMICALS CO.LTD. (YCCC). - http//www.micromarketmonitor.com/market/asia-paci
fic-acetic-acid-5105577459.html
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the prevailingtechnologies/products.
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