IGR Acetyls Market | Page 3

The emergence of numerous new applications for acetyls in various end user industries are expected to drive the growth of acetyls market, during the forecast period. Segments Covered: The report segments the global acetyls market by end user applications, products, and region. The end user applications include food and beverages, furniture, inks, oil & gas, paints, pharmaceuticals, waxes & coatings and others. On the basis of products, the market has been segmented into acetic acid, acetic anhydride, butyl acetate, cellulose acetate, ethyl acetate, ethylene vinyl acetate, monochloroacetic acid, poly vinyl acetate, poly vinyl alcohol, terephthalic acid, vinyl acetate monomer and some others. Geographic Coverage and Analysis: The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023. Asia-Pacific region is the largest as well as the fastest growing acetyls market in the world. The global acetyls market is driven by increase in consumption of acetyls in developing countries such as India, China, Malaysia, and some others in Asia-Pacific region. Adhesives, automobiles, and electronic industries drive the Asia pacific region with significant demand for the acetyls. China is the largest consumer, producer and exporter of acetic acid in the world. Europe is the second largest acetyls market as there is huge demand acetyls from various chemical industries based in Western Europe. Moreover, the technological collaborations between European universities and acetyl industry are expected to provide new opportunities and growth prospects for global acetyl market during the forecast period. The methanol Infinium Global Research