Global Acetyl Market to Grow at a CAGR of 6.4% (2016-2024)

acytel market report

New York, USA, 2018-Apr-17 — /EPR Network/ —According to Goldstein Research, global acetyl market is expected to reach USD 37.8 billion by 2024, growing at a CAGR of 6.4% over the forecast period 2016-2024.The demand from the developing economies to supplement the intensive construction activities and application in adhesive, paints and films is primarily driving the growth of the market. Global acetyl market segmentation has been done on the basis of acetyl products, application and geography. Acetic acid accounted for largest market share of 28.0% in 2016 for its application in multiple industries such as manufacturing of VAM. Global acetyl market is largely dominated by North America due to presence of top manufactures in the region. Further, Asia-Pacific is the largest consumer of acetyl in different forms, on the back of development activities carried on in the region.

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Global Acetyl Market Segmentation

On the basis of our in-depth analysis, Global Acetyl Market can be segmented as follows:

By Type of Acetyl Products

  • Acetic Acid
  • VAM
  • Acetic anhydride
  • Acetaldehyde
  • Ethyl acetate
  • Formaldehyde
  • Butyl acetate
  • Ethanol

By Application

  • Paints, Coatings & Inks
  • Adhesives
  • Films
  • Textiles
  • Building and Construction Products
  • Pharmaceuticals

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Acetyl Market Outlook 2024”contains detailed overview of the global acetyl market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by acetyl product and application.

Further, for the in-depth analysis, Global Acetyl Market Research Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Celanese Corporation, Dow Chemical Company, Eastman Chemical Company, WackerChemie, BP Global, Chloritech Industries, Daicel Corp., GNFC Ltd., JiangsuSopo Co. Ltd, PetroChina, Kanoria Chemicals & Industries Ltd, Sinopec, Transpek Industry Ltd.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global acetyl market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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