Acetic Acid Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Acetic Acid Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2014 To 2020

Global acetic acid market is expected to witness significant growth over the next six years owing

to increasing use in industrial and household applications. Acetic acid is manufactured by methyl

acetate and is one of the important chemical reagents.

Acetic acid is used in manufacturing cellulose acetate and polyvinyl acetate, which finds

application in production of fabrics and fibers. Increasing fibers demand in major end-use

industries including automotive and defense is expected to drive the acetic acid market over the

forecast period.

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Acetic acid also finds major usage in household as food additive and condiment. Growing food

demand on account of increasing population is anticipated to have positive impact on synthetic

adipic acid market over the next six years. Vinyl acetate monomer and PTA are the major

application segments of acetic acid. Purified Terephthalic Acid (PTA) is primarily used in PET

manufacturing. Growing PET demand in bottle packaging industry is expected to influence the

acetic acid market over the next six years.

Hexa Research Inc.

Industry Research,Custom Research & Consulting

South Asia is the major PET bottle market owing to growing demand from packaging

industry.This trend is expected to drive the regional acetic acid market over the foreseeable

period. Vinyl acetate monomer (VAM) is used in adhesives and sealant and is derivative product

of acetic acid. Growing adhesives demand in construction and industrial process is anticipated to

have positive impact on global acetic acid market over the foreseeable period. High fluctuation

in methanol price which is important raw material for acetic acid has led to an...