Acetic Acid Market Size, Price Trend, Research Report 2022

Published: Oct, 2015 | Pages: 80 | Publisher: Radiant Insights Inc.
Industry: Chemicals | Report Format: Electronic (PDF)

The Report Contains Acetic Acid Market Size By Application (Acetic Anhydride, VAM, Acetate Esters, PTA), Downstream Opportunities, Competitive Analysis & Forecast, 2012 - 2022 Industry Overview Global acetic acid market size was estimated at over USD 6.4 billion in 2014 and is likely to witness gains at over 9% up to 2022. Strong demand in production of vinyl acetate monomers and PTA, coupled with increasing use as a chemical reagent for camphor, monochloroacetic acid, photographic chemicals and diketene is likely to drive acetic acid market growth. There has been a surge in EVA copolymers, PVA films and polyvinyl alcohol for waterborne coatings and adhesive production, thereby driving VAM demand for automotive, construction and interior applications. In addition, rising PET bottle recycling rate is also expected to spur PTA demand. In recent times, rising consumer preference towards the use of vinegar as a functional nutraceuticalis expected to have a positive impact on acetic acid market growth. Fluctuating methanol prices may affect business dynamics and put acetic acid manufacturers under pressure over the forecast period. Industry participants are also looking at potential downstream opportunities, which may result in a surge in R&D spending in the market. Acetic acid prices are expected to remain relatively stable, assuming moderate business fluctuations and gains between 4% to 5% are estimated over the next seven years.

China acetic acid market, by application, 2012-2022 (Kilo tons)

Application Overview VAM and PTA applications dominated acetic acid market demand in 2014, together contributing to over 50% of global consumption in 2014. Demand for PTA application is expected to witness significant gains over the next seven years, with revenue estimated to reach USD 2.9 billion by 2022. This is predominantly driven by strong growth for PET, especially in beverage packaging. Acetate ester applications are expected to account for over 14.5% of acetic acid market volume by 2022, driven by the growing use as diluents and solvents for the food industry. Regional Overview China is the largest acetic acid manufacturer, with over 40% of global production capacity in 2014. Domestic consumption is also high, resulting in low exports, with volumes estimated to reach 7,575.4 kilo tons by 2022. Apart from China, Asia Pacific acetic acid market is expected to grow at over 4.5%, driven by strong consumption in India, Thailand, South Korea, Vietnam and Indonesia. Latin America acetic acid industry is expected to reach USD 265.4 million by 2022, dominated by Brazil, accounting for over 50% of consumption in 2014. Europe acetic acid market demand is estimated to exceed 1,800 kilo tons, primarily owing to strong demand in Germany. Competitive Market Share The industry is fairly fragmented, with production being concentrated in Asia, owing to the presence of a number of small-scale domestic producers, especially in China and India. BP, Celanese, Eastman, Sopo accounted for less than 50% of the overall acetic acid market share in 2014. Other key companies include Saudi Petrochemicals, DuPont, BASF, LyondellBasell and Wacker Chemie. The industry is anticipated to make a turn for consolidation, which may result in the market witnessing mergers & acquisitions over the next five years.

acetic-acid-market

 1.1	Table of Contents

Chapter 1.	Methodology and Scope
1.1.	Research Methodology
1.2.	Research Scope & Assumptions
1.3.	List of Data Sources

Chapter 2.	Executive Summary
2.1.	Acetic acid market - Industry summary and key buying criteria, 2012 - 2022

Chapter 3.	Acetic Acid Industry Overview
3.1.	Acetic acid market segmentation
3.2.	Acetic acid market size and growth prospects, 2012 - 2022
3.3.	Acetic acid market - Value chain analysis
3.3.1.	Vendor landscape
3.4.	Raw material outlook
3.5.	Technology overview
3.6.	Regulatory framework
3.7.	Acetic acid market dynamics
3.7.1.	Market driver analysis
3.7.1.1.	Growth of vinyl acetate monomer (VAM) market
3.7.1.2.	Growing demand of vinegar
3.7.1.3.	Increasing demand of purified Terephthalic Acid (PTA) 
3.7.2.	Market restraint analysis
3.7.2.1.	Volatile feedstock prices
3.8.	Key market opportunities - Prioritized
3.9.	Industry analysis - Porter's
3.10.	Acetic acid company market share analysis, 2014 
3.11.	Acetic acid market PESTEL analysis, 2014
3.12.	Production capacities of key manufacturers
3.13.	Trade statistics for key market 

Chapter 4.	Acetic Acid Application Overview
4.1.	Global acetic acid market share by application, 2014 & 2022
4.2.	VAM
4.2.1.	Market estimates and forecast, 2012 – 2022
4.2.2.	Market estimates and forecast, by region, 2012 – 2022
4.3.	Acetic anhydride
4.3.1.	Market estimates and forecast, 2012 – 2022
4.3.2.	Market estimates and forecast, by region, 2012 – 2022
4.4.	Acetate esters
4.4.1.	Market estimates and forecast, 2012 – 2022
4.4.2.	Market estimates and forecast, by region, 2012 – 2022
4.5.	PTA
4.5.1.	Market estimates and forecast, 2012 – 2022
4.5.2.	Market estimates and forecast, by region, 2012 – 2022
4.6.	Others
4.6.1.	Market estimates and forecast, 2012 – 2022
4.6.2.	Market estimates and forecast, by region, 2012 – 2022

Chapter 5.	Acetic Acid Regional Overview
5.1.	Global acetic acid market share by region, 2014 & 2022
5.2.	North America
5.2.1.	Market estimates and forecast, 2012 – 2022
5.2.2.	Market estimates and forecast, by applications, 2012 – 2022
5.2.3.	U.S.
5.2.3.1.	Market estimates and forecast, 2012 – 2022
5.2.3.2.	Market estimates and forecast, by applications, 2012 – 2022
5.3.	Europe
5.3.1.	Market estimates and forecast, 2012 – 2022
5.3.2.	Market estimates and forecast, by applications, 2012 – 2022
5.3.3.	Germany
5.3.3.1.	Market estimates and forecast, 2012 – 2022
5.3.3.2.	Market estimates and forecast, by applications, 2012 – 2022
5.4.	China
5.4.1.	Market estimates and forecast, 2012 – 2022
5.4.2.	Market estimates and forecast, by applications, 2012 – 2022
5.5.	Asia Pacific (excluding China)
5.5.1.	Market estimates and forecast, 2012 – 2022
5.5.2.	Market estimates and forecast, by applications, 2012 – 2022
5.5.3.	India
5.5.3.1.	Market estimates and forecast, 2012 – 2022
5.5.3.2.	Market estimates and forecast, by applications, 2012 – 2022
5.5.4.	Japan
5.5.4.1.	Market estimates and forecast, 2012 – 2022
5.5.4.2.	Market estimates and forecast, by applications, 2012 – 2022
5.6.	Latin America
5.6.1.	Market estimates and forecast, 2012 – 2022
5.6.2.	Market estimates and forecast, by applications, 2012 – 2022
5.6.3.	Brazil
5.6.3.1.	Market estimates and forecast, 2012 – 2022
5.6.3.2.	Market estimates and forecast, by applications, 2012 – 2022
5.7.	MEA
5.7.1.	Market estimates and forecast, 2012 – 2022
5.7.2.	Market estimates and forecast, by applications, 2012 – 2022

Chapter 6.	Competitive Landscape
6.1.	Revenue Analysis
6.2.	Product Benchmarking
6.3.	Strategic Developments

Companies analyzed in Chapter 7
1.	Celanese
2.	British Petroleum
3.	Eastman Chemical Company
4.	LyondellBasell
5.	BASF SE
6.	DuPont
7.	Yanon Cathay Chemical Company Ltd.
8.	Showa Denko K.K
9.	Chiyoda Corporation
10.	Svensk Etanolkemi AB (SEKAB)
11.	Jiangsu Sopo (Group) Co., Ltd
12.	Wacker Chemie
13.	Saudi International Petrochemical Company
14.	Shanghai Huayi (Group) Co., Ltd.
15.	Chang Chun Petrochemical Ltd.

List of Tables

1.	Acetic Acid - Industry Summary and Key Buying Criteria, 2012 - 2022
2.	Global acetic acid market estimates and forecast, 2012 – 2022 (Kilo Tons) (USD Million)
3.	Global acetic acid market volume, by region, 2012 – 2022 (Kilo Tons)
4.	Global acetic acid market revenue, by region, 2012 – 2022 (USD Million)
5.	Global acetic acid market volume, by application, 2012 – 2022 (Kilo Tons)
6.	Global acetic acid market revenue, by application, 2012 – 2022 (USD Million)
7.	Vendor landscape
8.	Acetic acid – Key market driver analysis
9.	Acetic acid – Key market restraint analysis
10.	Global acetic acid market estimates and forecast in VAM, 2012 – 2022, (Kilo Tons) (USD Million)
11.	Global acetic acid market volume in VAM, by region, 2012 – 2022, (Kilo Tons)
12.	Global acetic acid market revenue in VAM, by region, 2012 – 2022, (USD Million)
13.	Global acetic acid market estimates and forecast in acetic anhydride, 2012 – 2022, (Kilo Tons) (USD Million)
14.	Global acetic acid market volume in acetic anhydride, by region, 2012 – 2022, (Kilo Tons)
15.	Global acetic acid market revenue in acetic anhydride, by region, 2012 – 2022, (USD Million)
16.	Global acetic acid market estimates and forecast in acetate esters, 2012 – 2022, (Kilo Tons) (USD Million)
17.	Global acetic acid market volume in acetate esters, by region, 2012 – 2022, (Kilo Tons)
18.	Global acetic acid market revenue in acetate esters, by region, 2012– 2022, (USD Million)
19.	Global acetic acid market estimates and forecast in PTA, 2012 – 2022, (Kilo Tons) (USD Million)
20.	Global acetic acid market volume in PTA, by region, 2012 – 2022, (Kilo Tons)
21.	Global acetic acid market revenue in PTA, by region, 2012– 2022, (USD Million)
22.	Global acetic acid market estimates and forecast in other applications, 2012 – 2022, (Kilo Tons) (USD Million)
23.	Global acetic acid market volume in other applications, by region, 2012 – 2022, (Kilo Tons)
24.	Global acetic acid market revenue in other applications, by region, 2012– 2022, (USD Million)
25.	North America acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
26.	North America acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
27.	North America acetic acid market revenue, by application, 2012– 2022, (USD Million)
28.	U.S. acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
29.	U.S. acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
30.	U.S. acetic acid market revenue, by application, 2012– 2022, (USD Million)
31.	Europe acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
32.	Europe acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
33.	Europe acetic acid market revenue, by application, 2012– 2022, (USD Million)
34.	Germany acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
35.	Germany acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
36.	Germany acetic acid market revenue, by application, 2012– 2022, (USD Million)
37.	China acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
38.	China acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
39.	China acetic acid market revenue, by application, 2012– 2022, (USD Million)
40.	Asia Pacific acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
41.	Asia Pacific acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
42.	Asia Pacific acetic acid market revenue, by application, 2012– 2022, (USD Million)
43.	India acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
44.	India acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
45.	India acetic acid market revenue, by application, 2012– 2022, (USD Million)
46.	Japan acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
47.	Japan acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
48.	Japan acetic acid market revenue, by application, 2012– 2022, (USD Million)
49.	Latin America acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
50.	Latin America acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
51.	Latin America acetic acid market revenue, by application, 2012– 2022, (USD Million)
52.	Brazil acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
53.	Brazil acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
54.	Brazil acetic acid market revenue, by application, 2012– 2022, (USD Million)
55.	MEA acetic acid market estimates and forecast, 2012 – 2022, (Kilo Tons) (USD Million)
56.	MEA acetic acid market volume, by application, 2012– 2022, (Kilo Tons)
57.	MEA acetic acid market revenue, by application, 2012– 2022, (USD Million)