The major driving factors of global acetic acid market are growing demand for vinyl acetate monomer, increasing disposable income, standard of living of the people and rising use of ester solvents in paints and coatings industry which fueling the demand of acetic acid. The global textile market is expected to witness a significant growth of acetic acid market over the coming years. The major restraining factor of acetic acid market are several environment concern and volatility in raw material prices.Reduced performance at low temperatures, low compatibility with quartz, and irritation to skin and corrosive to metals are factors expected to hamper the growth of acetic acid consumption during the forecast period.
Acetic acid systematically named ethanoic acid. It is a colorless liquid organic compound with the chemical formula CH3COOH .In making process of acetic acid, the main component is vinegar apart from water. It has a distinctive sour taste and pungent smell. There are many benefits of acetic acid such as benefit of having acetic acid in a food or beverage is that it keeps other unwanted pathogenic organisms from growing, acetic acid can be used as an antiseptic and acetic acid is also used in makingperfume.
The major market player included in this report are:
Celanese
BP
Eastman
LyondellBasell
Sipchem
Daicel
CCP
Wacker Chemie
CPDC
GNFC
MSK a.d.Kikinda
Jiangsu Sopo and so on...
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Major Regions of Global Acetic Acid Market :
North America
Europe
Asia Pacific
Latin America
Rest of the World
Target Audience of the Global Acetic Acid Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Category: Chemical Market Research
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