The report (183 slides), "Acetic Acid Market & Its Derivatives (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetic Anhydride, & Ester Solvents- Ethyl Acetate & Butyl Acetate) Market By Applications & Geography – Trends & Forecasts to 2018 " ,defines and segments the global acetic acid & its derivatives market with analysis and forecasting of the global volume and value.

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Premium Insights of the report:
• Acetic Acid Market Segmentation
• Market Dynamics
• Market Global Outlook
• Derivatives Demand

Currently, Asia-Pacific is the largest market and all of its downstream derivatives, which consumed more than 60.00% of the overall global consumption in 2012. Among all the countries, China dominates the market. The country consumed maximum volume of this product in 2012. The market volume of acetic acid and its various derivatives is comparatively low in the ROW region, but is estimated to grow at the highest CAGR from 2013 to 2018, followed by the Asia-Pacific region.

The overall demand in the industry is driven by the producers of vinyl acetate monomer (VAM), purified terephthalic acid (PTA), and ester solvents consuming almost 73.00% of the total demand in 2012. Ester solvents manufacturing segment is expected to be the strongest growth segment of the market, which is primarily driven by the growing demand from coatings industry. Subsequently, the budding textile and packaging industry is pushing the demand for PTA, which in turn is driving the demand for acetic acid at a notable pace.

The top manufacturers include BP Plc (U.K.), Celanese Corporation (U.S.), Eastman Chemical Company (U.S.), Shanghai Huayi (Group) Company (China), Daicel Corporation (Japan), LyondellBasell Industries N.V. (The Netherlands), Shandong Hualu-Hengsheng Chemical Co. Ltd. (China), Yankuang Cathay Coal Chemicals Co. Ltd. (China), Jiangsu Sopo (Group) Co. Ltd. (China) and Kingboard Chemical Holdings Ltd. (HongKong).

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For more details: https://www.prnewswire.com/news-releases/acetic-acid-consumption-market-worth-1633967-kilotons-by-2018-257373181.html

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