Acetyls Market Report, Industry Trends, Size, Share, Regional Breakup and Forecast Till 2027


Posted August 5, 2021 by Ganesh21feb

The global acetyls market has been segmented by product type, application, and region. By product type, the market

 
Market Overview
The global acetyls market is expected to witness a significant growth during the forecast period owing to the wide scope of application. The market is primarily driven by the use of acetylated products in pharmaceuticals for producing medicines such as paracetamol and aspirin. Additionally, the use of these products in food & beverage industry as a flavoring agent and preservative is another factor driving the demand for acetyls.

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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End Use
4.2 Porter’s Five Forces Analysis
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Buyers
4.2.3 Bargaining Power Of Suppliers
4.2.4 Threat Of Substitutes
4.2.5 Intensity Of Competitive Rivalry
5 Market Dynamics Of Global Acetyls Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends/Technology

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Market Segmentation
The global acetyls market has been segmented by product type, application, and region.
By product type, the market is segmented into acetic acid, acetic anhydride, vinyl acetate, ethylene acetate, and others. Among these, acetic acid dominated the market in 2017 owing to its extensive use in food & beverage application as flavor enhancer, flavoring agent, an acidifier, color diluent, curing agent, pickling agent, pH control agent, solvent, and preservative. Furthermore, it is used as a boiler water additive, suitable for steam that contacts food. It is also an effective means of cleaning and sanitizing food preparation equipment and utensils.
Based on application, the market has been segmented into food & beverages, pharmaceuticals, oil & gas, paints, inks, & coatings, waxes, furniture, and others. The rise in working population and the high disposable income of the consumers has resulted in an increased demand for ready-to-eat food, which is expected to drive the market growth. Moreover, the rising demand for generic drugs on the backdrop of increasing geriatric population and sedentary lifestyle of younger generation propels the demand for acetyls in pharmaceuticals application.


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Issued By Market Research Future
Country India
Categories Business
Last Updated August 5, 2021