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 industry in North America has boosted the requirement of shale gas based acetic acid, as
they are less -priced. The technological advancements and collaborations are expected drive the growth of North American market, as
the feed stock from certain industries is conducive for acetyls production. The new acetyls industrial units established in Africa are
expected to drive the growth of the market in the region over the forecast period. Heavy investments in industries such as automotive,
paints and coatings, oil & gas, and pharmaceuticals in emerging economies in the rest of the world provide opportunities for major
players in the global acetyls market to expand during the forecast period.
Companies Profiled:
The companies covered in the report include British Petroleum Plc, Celanese Corporation, DuPont, Eastman Chemical Company, Helm
AG, Jubilant Life Sciences, LyondellBasell Industries Holdings BV, Saudi International Petrochemical Company, The DOW Chemical
Company, and Wacker Chemie AG.