Reports and Data’s latest industry analysis report titled ‘Global Acetic Acid Market’ provides the reader with an exhaustive overview of the Acetic Acid industry. The report is inclusive of a concise market summary and contains market projections based on the present market situation, current market size, and revenue growth rate. The report elaborates on the key market dynamics including market growth drivers, opportunities, threats, and challenges. In this report, market analysts at Reports and Data have emphasized the ever-changing market growth patterns and the dynamic environment of the industry. Key attractions of the report include List of Tables and Figures, Research Methodology, Competitive Landscape, Regional Analysis, Technological Breakthroughs, and Future Market Developments.
The report’s ‘COVID-19 Impact Study’ section focuses on the profound impact of the global pandemic on the materials chemicals market, throwing light on the key challenges the industry players are currently facing. The report further analyzes other crucial aspects of the market, such as product pricing structure, product portfolios, end-use industries, sales statistics, distribution channels, and upcoming industry trends. Moreover, the report provides actionable insights into the industry’s highly competitive scenario and profiles the top companies operating in the industry, along with their extensive product portfolios.
The global acetic acid market size was USD 7.20 Billion in 2021 and is expected to register a revenue CAGR of 5.0% during the forecast period.
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Top Companies Profiled in the Report: Mitsubishi Chemical Corporation, Sinopec, Wacker Chemie, GNFC Limited, Saudi International Petrochemicals, DuPont, Eastman Chemical Company, Daicel Corporation, Jiangsu Sopo (Group), and LyondellBasell, among others.
Major Factors Driving the Global Acetic Acid Market Revenue Growth
Revenue growth of the global materials chemicals industry is primarily driven by factors such as rapid industrialization and substantially growing demand for chemicals materials various industries including pharmaceutical, food beverage, oil gas, personal care cosmetics, pulp paper, textile, and manufacturing industries. Growing environmental awareness, increasing use of environmentally sustainable chemicals and raw materials, technological advances in manufacturing techniques, growing use of organic industrial chemicals, and rising need for high-performance specialty chemicals are other factors driving market revenue growth.
Regional Outlook
The key regions covered in the report are as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Segmentation:
Derivative Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Diclofenac
- Ketorolac
- Tolmetin
- Indomethacin
Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Synthetic Route
- Biological Route
- Paraffin Oxidation
- Methanol Carbonylation
- Olefin Oxidation
- Terephthalic/Isophthalic Acid Coproduct
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Acetic Anhydride
- Monochloroacetic Acid
- Terephthalic acid
- Vinyl Acetate Monomer
- Ketene
- Dimethylacetamide
- Others
End-Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)
- Food and Beverage
- Cosmetics
- Chemicals
- Textile
- Inks, Paints, and Coatings
- Pharmaceuticals
- Others
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Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Acetic Acid market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Acetic Acid market size
2.2 Latest regional market trends
2.3 Emerging growth trends
- Competitive Outlook
3.1 Global Acetic Acid market key players
3.2 Global Acetic Acid size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Acetic Acid market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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