Submitted by: Submitted by aaronlevine
Views: 10
Words: 383
Pages: 2
Category: Business and Industry
Date Submitted: 05/16/2016 11:08 AM
The report covers the important acetic acid global markets. It further divides the market on the basis of applications and geography.
The market data for these types is given with respect to volume (kilotons) and value ($million). The market size by value of acetic acid was estimated to be $1,444 million in 2014 and is projected to register a CAGR of about 1% between 2014 and 2019.
The data mentioned in the report are based on the European demand for acetic acid. This report gives an idea about the current proceedings in the industry at the commercial level.
Read full report: https://www.globalmarketreports.com/europe-acetic-acid-market-and-its-derivatives-vinyl-acetate-monomer-vam-purified-terephthalic-acid-pta-acetic-anhydride-ester-solvents-ethyl-acetate-and-butyl-acetate-by-application-by-geography-analysis-and-forecast-to-2019--23919
The study provides the value chain analysis with respect to acetic acid raw materials, manufacturers, and end users. The value chain describes the key contributors to the materials market at different stages from product development to end use. It represents the top players that contribute to the acetic acid industry.
The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report.
This gives an idea about the key drivers such as, budding vinyl acetate monomer demand, growing textile and packaging industry, and the increasing market reach of ester solvents in coating industries; and restraints such as mature market of acetic anhydride. Acetic anhydride is mainly used for the production of cellulose acetate flake, which is employed as feedstock for fibers in textiles or in cigarette filters by conversion into cellulose acetate tow. However, in the recent past, the demand for cigarette filter tow has constantly dropped which has led to decline of acetic acid demand.
About Global Market Reports
Global Market Reports is a distributor of market research...