Market Research Reports

Acetic Acid Market for VAM, PTA, Acetate Esters, Acetic Anhydride and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

80pages
Published Date: 2013-10-03
 

Description




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.

This report analyzes, estimates and forecasts the global acetic acid demand in terms of volumes (kilo tons) and revenues (USD million) from 2010 to 2018. The report includes various drivers and restraints of the global market and analyses the impact of these factors over the forecast period.

The study provides a comprehensive view of the acetic acid industry, by segmenting the global market by applications as well as geography. Each of its applications have been analyzed and market data has been provided for the period from 2010 to 2018, both, in terms of volumes (kilo tons) and revenue (USD million).The report also analyzes each application of acetic acid with their potential of becoming an attractive market by using the market attractiveness analysis tool. The demand for each of the acetic acid application mentioned in the report has been given with regional analysis (North America, Europe, Asia Pacific and Rest of the World).

The report also includes value chain analysis for better understanding each player in the supply chain of acetic acid. The report provides detailed analyses of various players and competition in the market using Porter’s five forces analysis. The study includes market share and company profiles of the key participants operating in the global market. The company profiles provides with company information based on parameters such as company overview, financial overview, business strategies, SWOT analysis and recent developments. Key market participants profiled in this report include Celanese, British Petroleum, Jiangsu Sopo, Eastman Chemical, Sinopec, LyondellBasell and SABIC among others.

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




Table of Content

Chapter 1 Preface
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

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)
              5.2.1.2 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)
              5.2.5.3 Rest of the Worldacetic acid market estimates and forecast, by application 2011 - 2018(USD million)

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
      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
      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
      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

List of Figures 

FIG. 1 Acetic acid: Market segmentation
FIG. 2 Global acetic acid market, 2011 - 2018 (Kilo Tons), (USD Million)
FIG. 3 Acetic acid: Value chain analysis
FIG. 4 Global adhesivemarket estimates and forecast, 2011-2018 (Kilo tons)
FIG. 5 Global PET market estimates and forecast, 2011– 2018 (Kilo Tons) 
FIG. 6 Global crude oil price trend , 2008 – 2012 (USD/barrel) 
FIG. 7 Methanol demand by end use, 2011
FIG. 8 Methanol price trends ($/MT) , 2008-2012
FIG. 9 Porter’s five forces analysis for acetic acid market
FIG. 10 Acetic acid: Market attractiveness analysis
FIG. 11 Acetic acid: Company market share analysis,2011
FIG. 12 Global acetic acid market volume share by application, 2011 - 2018
FIG. 13 Global market estimates and forecast for VAM, 2011 - 2018 (Kilo tons), (USD Million)
FIG. 14 Global demand ofacetic acid for PTA production, 2011 - 2018 (Kilo Tons), (USD Million)
FIG. 15 Global demand of acetic acid for acetate esters production, 2011 - 2018 (Kilo Tons), (USD Million)
FIG. 16 Global demand of acetic acid for acetic anhydride production, 2010 - 2018 (Kilo Tons), (USD Million)
FIG. 17 Global demand of acetic acid in other markets, 2010 - 2018 (Kilo Tons), (USD Million)
FIG. 18 Global acetic acid market volume share by geography, 2011 - 2018
FIG. 19 North America acetic acid market estimates and forecast, 2011 - 2018 (Kilo tons), (USD million)
FIG. 20 European acetic acid market estimates and forecast, 2011 - 2018 (Kilo tons) (USD million)
FIG. 21 China acetic acid market estimates and forecast, 2010 - 2018 (Kilo Tons) (USD million)
FIG. 22 Rest of Asia-Pacific acetic acid market estimates and forecast, 2010 - 2018 (Kilo Tons) (USD Million)
FIG. 23 Rest of the World acetic acid market estimates and forecast, 2011 - 2018 (Kilo tons), (USD million)

List of Tables

TABLE 1 Global acetic acid market: Snapshot
TABLE 2 Major application segment and end use of acetic acid
TABLE 3 Drivers of global acetic acid market: Impact analysis
TABLE 4 Restraints for the acetic acid market: Impact Analysis
TABLE 5 North America acetic acid market estimates and forecast by application, 2011 - 2018 (Kilo tons)
TABLE 6 North America acetic acid market estimates and forecast, by application, 2011 - 2018 (USD million)
TABLE 7 European acetic acid market estimates and forecast, by application,2011 – 2018 (Kilo tons)
TABLE 8 European acetic acid market estimates and forecast, by application 2011 – 2018 (USD million)
TABLE 9 China acetic acid market estimates and forecast, by application 2011 – 2018 (Kilo tons)
TABLE 10 China acetic acid market estimates and forecast, by application 2011 – 2018 (USD million)
TABLE 11 Rest of Asia-pacific acetic acid market estimates and forecast, by application 2011 - 2018 (Kilo tons)
TABLE 12 Rest of Asia-pacific acetic acid market estimates and forecast, by application 2011 - 2018 (USD million)
TABLE 13 Rest of the Worldacetic acid market estimates and forecast, by application 2011 - 2018 (Kilo tons)
TABLE 14 Rest of the Worldacetic acid market estimates and forecast, by application 2011 - 2018 (USD million)

Enquiry Before Buying




Free Market Analysis




Acetic acid (Ethanoic acid) belongs to the family of carboxylic acids and is a colorless liquid which possesses a distinctive pungent smell and sour taste. It is classified as a weak acid although its concentrated form is corrosive in nature. Acetic acid is completely miscible in water and many other polar and non-polar solvents. It exhibits properties almost similar to other acids of the carboxylic family other than its unique property of forming ice like crystals, called if in the anhydrous form, a few degrees below the room temperature at approximately 16.6 °C, giving it the name of glacial acetic acid. Acetic acid finds its application as one of the most important chemical reagent in the chemical industry. It is primarily used in the production of cellulose acetate, polyvinyl acetate and in the manufacture of synthetic fibers and fabrics. Apart from its use in the chemical industry it finds major usage in household as a descaling agent food additive and as a condiment.

Acetic acid produced through methanol carbonylation accounts for almost 75% of the total production globally. Another major production method of acetic acid is by the oxidation of acetaldehyde although its share in production is of negligible significance as compared to the prior mentioned process.

Growing demand for vinyl acetate monomer (VAM) coupled with increasing demand for purified terephthalic acid (PTA) and ethyl acetate are the major factors driving the global market for acetic acid. Gradual upheaval of economies from economic depression has led to many technological changes, which have brought down capital requirements to a huge extent and have improved the profit margin for companies involved in the manufacturing of acetic acid. Incessant improvements in technology and focus on process improvement are further driving the growth of global acetic acid market.

Vinyl acetate monomer (VAM) emerged as the leading application, with over 30% of the global acetic acid consumption in 2011. Growing end-use industries such as adhesives and sealants are expected to fuel the acetic acid market growth. VAM was followed by Purified terephthalic acid (PTA) which is expected to be fastest growing market at an estimated CAGR of 5.4% in the next six years. Nearly the entire PTA produced globally is consumed in the manufacturing polyester fiber and polyethylene terephthalate (PET) that is further used in bottles and other packaging materials. Other key applications including food, pharmaceuticals, etc. together accounted for least share and are expected to grow at a lower growth rate compared to major applications, in the coming future. 

China led the global acetic acid market with 36.2% of the total consumption in 2011. Strong economic growth and rapid industrialization in China is expected to boost the acetic acid market in the coming future. North America and Europe are saturated market and hence are expected to show moderate growth rate in the next six years. The growth in Europe would be supported only by increasing demand from the emerging economy of Russia and other Eastern European countries, where rapid industrialization is taking place. Rest of the world includes countries from Latin America, Middle East and Africa, which together accounted for approximately 6% of the total demand for acetic acid in 2011.

global-acetic-acid-market-volume-share-by-geography-2011-2018
 

To get discount on this report, just click on the button below.

To receive brochure, please click on the button below.

Share This Market Study!  

Upcoming Report

Payment
Copyright @ Transparency Market Research