Acetic Acid Market Analysis, Strategies and Forecasts, 2015 to 2022

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Acetic Acid Market Share, Size, Analysis,
Regional Outlook, Growth, Trends and Forecasts to
2022 Hexa Research
The global acetic acid market will be valued at
more than 13 billion in 2022
According to a recent study conducted by Hexa
Research, global Acetic Acid Market will be
valued at more than 13 billion in 2022. Growing
demand for applications like Purified
Terephthalic Acid (PTA) and Vinyl Acetate Monomer
(VAM) will contribute to this growth. PTA is
increasingly being consumed for manufacturing
polyester, which is an important constituent of
the textile and packaging industries. PTA
is expected to witness the fastest growth with a
CAGR of more than 4.9 from 2015 to 2022. The
total global acetic acid demand for PTA was more
than 2,450 kilo tons in 2014, which is likely to
rise to more than 3,750 kilo tons in 2020.
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VAM is utilized in the manufacture of chemicals
like EVA and EVAC. There is growing consumption
of these chemicals in the solvents and adhesives
industry, leading to rising demand for VAM.
Demand for acetic acid in VAM was more than 3,500
kilo tons in 2014. This application segment is
expected to grow at a CAGR of more than 3.9 from
2015 to 2022. VAM will be increasingly demanded
by developing economies like China, India and
Brazil, consequently leading to growth of acetic
acid market in future.
Hexa Research observed that China led the global
acetic acid market in 2012 with a share of more
than 39 of volumes. A strong manufacturing base
and possible expansion of the same in future will
contribute to China retaining its market
leadership. Asia Pacific followed China in terms
of market share, with key demand emerging from
India and Japan. The acetic acid industry in Asia
is likely to grow at a CAGR of more than 10 from
2015 to 2022.
Hexa Research identifies Celanese, BP, DuPont,
Eastman Chemicals, BASF, Wacker Chemie and
Jiangsu Sopo (Group) Co., Ltd., among others, to
be the key participants in the global acetic acid
market. The industry showcases a fragmented
nature with several manufacturers operating at
varied levels of capacities.
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Table of Content of Acetic Acid Market
Chapter 1 Executive Summary 1.1 Acetic Acid -
Industry Summary Critical Success Factors (CSFs)
Chapter 2 Acetic Acid Industry Outlook 2.1 Market
Segmentation 2.2 Market Size and Growth
Prospects 2.3 Market Dynamics 2.4 Value Chain
Analysis 2.5 Raw Material Analysis 2.6 Key
Opportunities Prioritized 2.7 Acetic Acid -
Company Market Share Analysis 2.8 Acetic Acid -
PESTEL Analysis
Chapter 3 Acetic Acid Application Outlook 3.1
VAM 3.2 PTA 3.3 Acetate Esters 3.4 Acetic
Anhydride 3.5 Others
Chapter 4 Acetic Acid Regional Outlook 4.1 North
America 4.2 Europe 4.3 China 4.4 Rest of Asia
4.5 RoW
Chapter 5 Acetic Acid Competitive
landscape 5.1Celanese 5.1.1Company Overview 5.1.2
Financial Performance 5.1.3 Product
Benchmarking 5.1.4 Strategic Initiatives 5.2
British Petroleum 5.2.1Company Overview 5.2.2
Financial Performance 5.2.3 Product
Benchmarking 5.2.4 Strategic Initiatives 5.3
Jiangsu Sopo 5.3.1 Company Overview 5.3.2
Financial Performance 5.3.3 Product
Benchmarking 5.3.4 Strategic Initiatives 5.4
Eastman Chemical
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5.4.1 Company Overview 5.4.2 Financial
Performance 5.4.3 Product Benchmarking 5.4.4
Strategic Initiatives 5.5 Carl Zeiss 5.5.1
Company Overview 5.5.2 Financial
Performance 5.5.3 Product Benchmarking 5.5.4
Strategic Initiatives 5.6 Yancon Cathay
Chemical 5.6.1 Company Overview 5.6.2 Financial
Performance 5.6.3 Product Benchmarking 5.6.4
Strategic Initiatives 5.7 LyondellBasell 5.7.1Comp
any Overview 5.7.2 Financial Performance 5.7.3
Product Benchmarking 5.7.4 Strategic
Initiatives 5.8 SABIC 5.8.1Company Overview 5.8.2
Financial Performance 5.8.3 Product
Benchmarking 5.8.4 Strategic Initiatives 5.9
Sinopec 5.9.1 Company Overview 5.9.2 Financial
Performance 5.9.3 Product Benchmarking 5.9.4
Strategic Initiatives 5.10 BASF 5.10.1 Company
Overview 5.10.2 Financial Performance 5.10.3
Product Benchmarking 5.10.4 Strategic
Initiatives 5.11 DuPont 5.11.1 Company
Overview 5.11.2 Financial Performance 5.11.3
Product Benchmarking 5.11.4 Strategic
Initiatives 5.12 Sasol 5.12.1 Company
Overview 5.12.2 Financial Performance 5.12.3
Product Benchmarking 5.12.4 Strategic
Initiatives 5.13 PetroChina
5.13.1 Company Overview
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5.13.2 Financial Performance 5.13.3 Product
Benchmarking 5.13.4 Strategic Initiatives
Chapter 6 Mehodology and Scope 6.1 Research
Methodology 6.2 Research Scope Assumption 6.3
List of Data Sources
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organization, offering industry reports, custom
research and consulting services to a host of key
industries across the globe. We offer
comprehensive business intelligence in the form
of industry reports which help our clients obtain
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