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

New York, USA 2018-Oct-05 — /EPR Network/ —According to Goldstein Research, global acetyl industry 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 adhesives, paints, and films are primarily driving the growth of the market. Acetyl market segmentation has been done on the basis of acetyl products, application, and geography. Acetic acid accounted for the 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 the presence of top manufacturers 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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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 Acetyl Market Analysis, 2016-2024
  • Global Acetyl Market Analysis, 2016-2024
  • The Middle East And Africa Acetyl Market Analysis, 2016-2024
  • Latin America Acetyl Market Analysis, 2016-2024
  • Asia Pacific Acetyl Market Analysis, 2016-2024
  • Rest Of The World Acetyl Market Analysis, 2016-2024

“Global Acetyl Market Analysis” includes a comprehensive overview of the global acetyl market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by acetyl product, application, and geography.

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The Global Acetyl Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The comprehensive analysis of acetyl market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Major players of the global acetyl market analyzed in the report are Celanese Corporation, Dow Chemical Company, Eastman Chemical Company, Wacker Chemie, BP Global, Chloritech Industries, Daicel Corp., GNFC Ltd., Jiangsu Sopo Co. Ltd, PetroChina, Kanoria Chemicals & Industries Ltd, Sinopec, Transpek Industry Ltd., etc.

Further, Global Acetyl Industry Report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The Acetyl Industry Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on chemical industry outlook reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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