Infinium Global Research has added a new report on Global Acetyls Market. The report predicts the market size of Acetyls is expected to reach XX billion by 2023.

Acetyls are also known as Ethanoyl are organic compounds with functional groups. Acetyls consist of methyl group attached with carbonyl in a single bond. Acetyls are produced through a process called acetylation and it involves forceful introduction of acetyl group inside a molecule. Acetic acid, acetic anhydride, ethyl acetate, monochloro acetic acid, vinyl acetate and vinyl acetate monomer are some of the major acetyls. Acetyls are useful in the modifying process of histones as well as proteins. Acetyls, as a major base chemical, generate significant demand from the polymers production industry. Acetyls find plenty of applications as chemical intermediates and solvents in various industries. In pharmaceutical industry, acetyls find application in the manufacturing of major drugs such as aspirin, paracetamol and others. Acetylation process can convert many existing drugs into more intense form. Research related to acetylation of certain drugs is expected to provide potential alternative for anti-radiation drugs.

Market Insights
The global acetyls market was sized over USD 22 billion in 2015. The global acetyls market is projected to reach USD XX.XX billion by 2023, growing with a CAGR of 6.7% to 7.2% from 2017 to 2023. The demand for acetic acid in ester solvents and purified terephthalic acid manufacturing industries are driving the growth of global acetyls market. The increase in the consumption of adhesives in some major industries is expected to generate the demand for vinyl acetate monomer. However, the decline in the demand for solvent based adhesives is expected to be a restraint for the acetyls market. Moreover, the growth in use of photovoltaic cells is expected to drive further demand for vinyl acetate monomer. Ethylene vinyl acetate also finds application in the photovoltaic cell industry as adhesive for sticking together glass and the electronic component. The price of the acetic acid in the global market came down significantly over the past couple of years, as the supply was greater than demand. The demand for acetyls in industries such as coatings, dye, food and beverages, paint, and pharmaceuticals boost the growth of acetyls market. The emergence of numerous new applications for acetyls in various end user industries are expected to drive the growth of acetyls market, during the forecast period.

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Segments Covered:
The report segments the global acetyls market by end user applications, products, and region. The end user applications include food and beverages, furniture, inks, oil &gas, paints, pharmaceuticals, waxes &coatings and others. On the basis of products, the market has been segmented into acetic acid, acetic anhydride, butyl acetate, cellulose acetate, ethyl acetate, ethylene vinyl acetate, monochloroacetic acid, poly vinyl acetate, poly vinyl alcohol, terephthalic acid, vinyl acetate monomer and some others.

Company Profiles
British Petroleum Plc
Celanese Corporation
DuPont
Eastman Chemical Company
Helm AG
Jubilant Life Sciences
LyondellBasell Industries Holdings BV
Saudi International Petrochemical Company
The DOW Chemical Company
Wacker Chemie AG.

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Key topics covered:
1. Preface
2. Executive Summary
3. Global Acetyls Market Overview
4. Global Acetyls Market : IGR Snapshots
5. Global Acetyls market by Application (USD Million, KT) 2017 – 2023
6. Global Acetyls market by Products (USD Million, KT) 2017 – 2023
7. Global Acetyls Market Analysis, by Region (USD Million, KT) 2017 – 2023
8. Company Profiles

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