Infinium Global Research Acetyls Market | Page 2

Study on Acetyls Market by Infinium Global research is comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints and opportunities in the Global market. The report also deep dives into the sub- segments of Acetyls Market by end user applications (food and beverages, furniture, inks, oil &gas, paints, pharmaceuticals, waxes &coatings), products (acetic acid, acetic anhydride, butyl acetate, cellulose acetate, ethyl acetate, vinyl acetate) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW. Browse through over 100 tables and figures to get complete view of the global and regional markets of Acetyls over the period of 2017 to 2023. 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. 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. Click the Below Full Report Link: - https://www.infiniumglobalresearch.com/chemical_material/global_acetyls_market 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