A latest report has been added to the wide database of Acetyls Market by Infinium Global Research. This report
studies the Acetyls Market by end user applications (food and beverages, furniture, inks, oil &gas, paints,
pharmaceuticals, waxes &coatings), by products (acetic acid, acetic anhydride, butyl acetate, cellulose acetate, ethyl
acetate, vinyl acetate) market status and outlook of global and major regions, from manufacturers, and end
industries. The objective of the study is to identify market sizes of different segments & countries in recent years and
to forecast the values for the next six years. Acetyls Market provides opportunities in micro markets for stakeholders
to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major
companies in the Acetyls Market. According to the report the Global Acetyls Market is projected to grow at a CAGR
between 6.7% to 7.2% in terms of value over the period of 2017-2023. The growth in the world market is primarily
driven by significant contribution by North America (Leading region) region to this market.
Market Insights:
The global acetyls market was sized over USD 22 billion in 2015. The global acetyls market is projected to reach USD
x.xx billion by 2023, growing with a CAGR between 6.7% to 7.2% from 2017 to 2023. The demand for acetic acid in
ester solvents and purified terephthalic acid manufacturing industries are driving the growth of global acetyls market.
The increase in the consumption of adhesives in some major industries is expected to generate the demand for vinyl
acetate monomer. However, the decline in the demand for solvent based adhesives is expected to be a restraint for
the acetyls market. Moreover, the growth in use of photovoltaic cells is expected to drive further demand for vinyl
acetate monomer. Ethylene vinyl acetate also finds application in the photovoltaic cell industry as adhesive for
sticking together glass and the electronic component. The price of the acetic acid in the global market came down
significantly over the past couple of years, as the supply was greater than demand. The demand for acetyls in
industries such as coatings, dye, food and beverages, paint, and pharmaceuticals boost the growth of acetyls market.
Infinium Global Research