Transparency Market Research published new market report"Acetic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018".Growing demand adhesives and PTA, which are key acetic acid consuming industries, is expected to drive the global acetic acid demand over the next five years. Moreover, growing application markets such as vinyl acetate monomer (VAM) and Polyethylene Terephthalate (PET) are expected to fuel the market growth in the coming future.The global acetic acid market was valued at USD 5.93 billion in 2011 and is expected to reach USD 10.31 billion by 2018, growing at a CAGR of 9.3% over the forecast period from 2012 to 2018. In terms of volume, global demand was 9,612.5 kilo tons in 2011 and is expected to grow at a CAGR of 4.8% over the forecast period from 2012 to 2018.
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Global Acetic Acid Market is Expected to Reach USD 10.31 Billion in 2018: Transparency Market Research
1. REPORT DESCRIPTION
Global Acetic Acid Market is Expected to Reach USD 10.31 billion in 2018:
Transparency Market Research
Transparency Market Research is Published new Market Report “Acetic Acid Market for
VAM, PTA, Acetate Esters, Acetic Anhydride and Other Applications - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018", The
global acetic acid market was valued at USD 5.93 billion in 2011 and is expected to reach
USD 10.31 billion by 2018, growing at a CAGR of 9.3% over the forecast period from 2012
to 2018. In terms of volume, global demand was 9,612.5 kilo tons in 2011 and is expected
to grow at a CAGR of 4.8% over the forecast period from 2012 to 2018.
Vinyl acetate monomer (VAM) and purified terephthalic acid (PTA), which are major
applications of acetic acid together accounted for over 55% of the global consumption in
2011. Growing demand of both the applications from the end-use industries such as
adhesives, sealants and packaging has been fueling market growth. However, volatile raw
material prices may a pose a challenge to the industry participants in the coming future.
Vinyl acetate monomer (VAM) dominated market demand and accounted for 32.5% of the
global acetic acid consumption in 2011. VAM demand is expected to remain strong over the
next five years owing to growth of global adhesives and sealants industry. PTA followed VAM
Transparency Market Research
Acetic Acid Market - Global
Industry Analysis, Size,
Share, Growth, Trends and
Forecast, 2012 – 2018
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Published Date: Oct 2013
80 Pages Report
2. in terms of consumption and is expected to be fastest growing market at an estimated
CAGR of 5.4% over the forecast period from 2012 to 2018. PTA application is expected to
show substantial growth on the account of growing demand from polyethylene terephthalate
(PET) and other end-uses. Other applications acetate esters and acetic anhydride together
accounted for 27.3% of the global consumption in 2011.
China emerged as the leading consumer of acetic acid with 36.2% of the global demand in
2011. Strong economic growth coupled with rapid industrialization is expected to boost the
acetic acid market in the region. In addition, China is also expected to be the fastest
growing market at an estimated CAGR of 5.4%, from 2012 to 2018. North America and
Europe followed the Asian market and are expected to experience moderate growth due to
saturated demand from end-use industries.
The global acetic acid market is highly concentrated with the top four market participants
accounting for over 60% of the global market in 2011. Key participants in the market
include Cleanse Corporation, British Petroleum PLC., JinagsuSopo, Eastman Chemical,
LyondellBasell, SABIC and Yancon Cathay Chemicals.
The report segments the global acetic acid market as,
Acetic acid Market: Application Analysis,
Vinyl acetate monomer (VAM)
Purified terephthalic acid (PTA)
Acetate esters
Acetic anhydride
Other (pharmaceuticals, food, etc)
Acetic acid Market: Regional Analysis,
North America
Europe
China
Rest of Asia Pacific
Rest of the World
TABLE OF CONTENTS
Chapter 1 Preface
3. 1.1 Report description
1.2 Market segmentation
1.3 Research methodology
Chapter 2 Executive Summary
2.1 Global acetic acid market estimates and forecast, 2011 – 2018 (Kilo tons) (USD Million)
2.2 Global acetic acid market: Snapshot
Chapter 3 Acetic Acid: Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market Drivers
3.3.1 Strong outlook on adhesives demand
3.3.2 Growing demand for polyethylene terephthalate (PET)
3.4 Restraints
3.4.1 Volatile raw material prices, a challenge for market participants
3.5 Opportunities
3.5.1 Development of TCX Technology
3.6 Porter’s five forces analysis
3.6.1 Bargaining power of supplier
3.6.2 Bargaining power of buyers
3.6.3 Threat of new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Acetic acid: Market attractiveness analysis
3.8 Acetic acid: Company market share analysis, 2011
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Chapter 4 Global Acetic Acid Market - Application Analysis
4.1 Global acetic acid market: Application overview
4.2 Global acetic acid market, by application
4.2.1 Vinyl acetate monomer
4.2.1.1 Global market estimates and forecast for VAM, 2011 - 2018 (Kilo tons),
(USD Million)
4.2.2 Purified Terephthalic Acid
4.2.2.1 Global market estimates and forecast for PTA, 2011- 2018 (Kilo tons),
(USD Million)
4.2.3 Acetate Esters
4.2.3.1 Acetic acid demand for acetate esters, market estimates and forecast,
2011 - 2018 (Kilo tons), (USD Million)
4.2.4 Acetic Anhydride
4.2.4.1 Global market estimates and forecast for acetic anhydride, 2010 - 2018
(Kilo tons), (USD Million)
4.2.4.2 Others(including foods, pharmaceuticals etc)
4.2.4.3 Global market estimates and forecast for others, 2010 - 2018 (Kilo tons),
(USD Million)
Chapter 5 Acetic Acid Market: Regional Analysis
5.1 Global acetic acid market, by geography
5.1.1 Global acetic acid market volumes share by geography, 2010 - 2018 (kilo tons)
5.2 Global acetic acid market, by geography
5.2.1 North America
5.2.1.1 North America acetic acid market estimates and forecast, 2011 - 2018
(Kilo tons), (USD million)
5. 5.2.1.2 North America acetic acid market estimates and forecast, by application,
2011 - 2018 (Kilo tons)
5.2.1.3 North America acetic acid market estimates and forecast, by application,
2011 - 2018 (USD million)
5.2.2 Europe
5.2.2.1 European acetic acid market estimates and forecast, 2011 - 2018 (Kilo
tons) (USD million)
5.2.2.2 European acetic acid market estimates and forecast, by application 2011 -
2018 (Kilo tons)
5.2.2.3 European acetic acid market estimates and forecast, by application 2011 -
2018 (USD million)
5.2.3 China
5.2.3.1 China acetic acid market estimates and forecast, 2011 - 2018 (Kilo tons)
(USD million)
5.2.3.2 China acetic acid market estimates and forecast, by application 2011 -
2018(Kilo tons)
5.2.3.3 China acetic acid market estimates and forecast,by application 2011 -
2018 (USD million)
5.2.4 Rest of Asia Pacific
5.2.4.1 Rest of Asia-pacific acetic acid market estimates and forecast, 2011 - 2018
(Kilo tons) (USD million)
5.2.4.2 Rest of Asia-pacific acetic acid market estimates and forecast, by
application 2011 - 2018 (Kilo tons)
5.2.4.3 Rest of Asia-pacific acetic acid market estimates and forecast, by
application 2011– 2018(USD million)
5.2.5 Rest of the world (RoW)
5.2.5.1 Rest of the Worldacetic acid market estimates and forecast, 2011 - 2018
(Kilo tons) (USD million)
5.2.5.2 Rest of the Worldacetic acid market estimates and forecast,by application
2011 - 2018(Kilo tons)
6. 5.2.5.3 Rest of the Worldacetic acid market estimates and forecast, by application
2011 - 2018(USD million)
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Chapter 6 Company Profiles
6.1 Celanese Corporation
6.1.1 Company overview
6.1.2 Financial overview
6.1.3 Business strategy
6.1.4 SWOT analysis
6.1.5 Recent developments
6.2 British Petroleum
6.2.1 Company overview
6.2.2 Financial overview
7. 6.2.3 Business strategies
6.2.4 SWOT analysis
6.2.5 Recent developments
6.3 Eastman Chemical Company
6.3.1 Company overview
6.3.2 Financial overview
6.3.3 Business strategies
6.3.4 SWOT analysis
6.3.5 Recent developments
6.4 Jiangsu Sopo (Group) Co., Ltd.
6.4.1 Company overview
6.4.2 Financial overview
6.4.3 Business strategies
6.4.4 SWOT analysis
6.4.5 Recent developments
6.5 China Petroleum & Chemical Corporation (sinopec)
6.5.1 Company overview
6.5.2 Financial overview
6.5.3 Business strategies
6.5.4 SWOT analysis
6.5.5 Recent developments
6.6 Lyondell Basell Industries
6.6.1 Company overview
6.6.2 Financial overview
6.6.3 Business strategies
8. 6.6.4 SWOT analysis
6.6.5 Recent developments
6.7 Saudi Basic Industries Corporation (SABIC)
6.7.1 Company overview
6.7.2 Financial overview
6.7.3 Business strategies
6.7.4 SWOT analysis
6.7.5 Recent developments
6.8 Mitsubishi Chemical Company
6.8.1 Company overview
6.8.2 Financial overview
6.8.3 Business strategy
6.8.4 SWOT analysis
6.9 PetroChina Co. Ltd.
6.9.1 Company overview
6.9.2 Financial overview
6.9.3 Business strategy
6.9.4 SWOT analysis
6.10 BASF SE
6.10.1 Company overview
6.10.2 Financial overview
6.10.3 Business strategy
6.10.4 SWOT analysis
6.11 DuPont
6.11.1 Company overview
9. 6.11.2 Financial overview
6.11.3 Business strategy
6.11.4 SWOT analysis
6.12 Sasol Limited
6.12.1 Company overview
6.12.2 Financial overview
6.12.3 Business strategy
6.12.4 SWOT analysis
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