Chemicals and Materials Acetic Acid Market New | Page 2

Vinyl Acetate Monomer (VAM) - The Biggest and Ester Solvents (Ethyl Acetate &
Butyl Acetate) - The Fastest Growing Acetic Acid Derivative Markets
Acetic Acid is the main feedstock to manufacture vinyl acetate monomer, which was at the
forefront in terms of volumetric consumption in 2012. It is mainly driven by the growing
demand of polyvinyl acetates and vinyl alcohols, which in turn are accelerating the demand
for Acetic Acid. The demand from the PTA manufacturing segment is estimated to grow at a
very high pace, next only to ester solvents, which is the strongest growth segment of Acetic
Acid. The growing textile and packaging industry is the key driver behind strong growth of
PTA; while budding coatings consumption is pushing the demand of ester solvents at a
notable pace.
For more information, download PDF brochure at,
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=187403448
We have also profiled leading players of this industry with their recent developments and
other strategic industry activities. These include: BP Plc (U.K.), Celanese Corporation (U.S.),
Eastman Chemical Company (U.S.), Daicel Corporation (Japan), Jiangsu Sopo (Group) Co.
Ltd. (China), LyondellBasell Industries N.V. (The Netherlands), Shandong Hualu-Hengsheng
Chemical Co. Ltd. (China), Shanghai Huayi (Group) Company (China), Yankuang Cathay Coal
Chemicals Co. Ltd. (China), and Kingboard Chemical Holdings Ltd. (HongKong).
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