The global acetic acid market size was valued at USD 9.12 billion in 2020 and reach USD 12.5 billion in 2027, with a CAGR of 5.4% during the forecast period (2021-2027).Below information is analyzed in depth in the report-
Global Acetic Acid Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
Global Acetic Acid Market Sales Volume, 2018-2023, 2024-2033, (Units)
Share of the top five Acetic Acid companies in 2023 (%)
Market Growth Mapping
Qualitative and quantitative methodologies were utilized in the process of market growth mapping. The report offers an extensive examination of market dynamics, including a thorough assessment of the primary factors that drive market expansion, challenges encountered by industry participants, and forthcoming trends that indicate recent development. Prospects for investment and expansion are discerned via a comprehensive SWOT analysis, which evaluates the market’s strengths, weakness, opportunities, and threats. The PESTEL analysis, which investigates the technological, environmental, political, economic, and social factors that influence the industry, provides additional depth of analysis. Furthermore, the report incorporates an analysis of PORTER'S 5 forces, which provides valuable perspectives on the sector's profitability and competitive intensity. Moreover, the report covers regulatory landscape, COVID-19 impact analysis, customer sentiment and behavior, trade analysis, supply-demand analysis, and the influence of government policies and other macroeconomic factors.
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Acetic Acid Market Segmentation:
This study offers a thorough segmentation of the Acetic Acid market based on an in-depth examination of the product portfolios and customers of key regional and global market players. By means of a comprehensive examination, we offer detailed perspectives on market segmentation, assisting stakeholders in comprehending the diverse aspects and variables that impact the Acetic Acid market.
Based on the application, the acetic acid market has been segmented into –
Vinyl Acetate Monomer
Acetic Anhydride
Acetate Esters
Purified Terephthalic Acid
Ethanol
Based on the end-use industry, the acetic acid market has been segmented into –
Plastics and Polymers
Water treatment
Chemicals
Others
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The key companies covered in the market report are:
Eastman Chemical Company
British Petroleum
LyondellBasell
Celanese Corporation
Gujarat Narmada Valley Fertilizers & Chemicals
Helm AG
Pentoky Organy
Dow Chemicals
Indian Oil Corporation
SABIC
Showa Denko K.K
Sinopec
Svensk Etanolkemi AB (SEKAB)
Wacker Chemie AG.