Global Acetic Acid Market to reach USD 14.10 billion by 2025.Global Acetic Acid Market valued approximately USD 9.4 billion in 2017 is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2018-2025.
The major driving factors of global acetic acid market are growing demand for vinyl acetate monomer, increasing disposable income, standard of living of the people and rising use of ester solvents in paints and coatings industry which fueling the demand of acetic acid. The global textile market is expected to witness a significant growth of acetic acid market over the coming years. The major restraining factor of acetic acid market are several environment concern and volatility in raw material prices.Reduced performance at low temperatures, low compatibility with quartz, and irritation to skin and corrosive to metals are factors expected to hamper the growth of acetic acid consumption during the forecast period.
Acetic acid systematically named ethanoic acid. It is a colorless liquid organic compound with the chemical formula CH3COOH .In making process of acetic acid, the main component is vinegar apart from water. It has a distinctive sour taste and pungent smell. There are many benefits of acetic acid such as benefit of having acetic acid in a food or beverage is that it keeps other unwanted pathogenic organisms from growing, acetic acid can be used as an antiseptic and acetic acid is also used in making perfume.
The major market player included in this report are:
Major Regions of Global Acetic Acid Market :
Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | aarkstore.com
The major driving factors of global acetic acid market are growing demand for vinyl acetate monomer, increasing disposable income, standard of living of the people and rising use of ester solvents in paints and coatings industry which fueling the demand of acetic acid. The global textile market is expected to witness a significant growth of acetic acid market over the coming years. The major restraining factor of acetic acid market are several environment concern and volatility in raw material prices.Reduced performance at low temperatures, low compatibility with quartz, and irritation to skin and corrosive to metals are factors expected to hamper the growth of acetic acid consumption during the forecast period.
Acetic acid systematically named ethanoic acid. It is a colorless liquid organic compound with the chemical formula CH3COOH .In making process of acetic acid, the main component is vinegar apart from water. It has a distinctive sour taste and pungent smell. There are many benefits of acetic acid such as benefit of having acetic acid in a food or beverage is that it keeps other unwanted pathogenic organisms from growing, acetic acid can be used as an antiseptic and acetic acid is also used in making perfume.
The major market player included in this report are:
- Celanese
- BP
- Eastman
- LyondellBasell
- Sipchem
- Daicel
- CCP
- Wacker Chemie
- CPDC
- GNFC
- MSK a.d.Kikinda
- Jiangsu Sopo and so on....
Major Regions of Global Acetic Acid Market :
- North America
- Europe
- Asia Pacific
- Latin America
- Rest of the World
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | aarkstore.com
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