Global Ethanoic Acid Market Growth 2023-2029

Global Ethanoic Acid Market Growth 2023-2029

Product Code:455519

Published Date: Feb 08,2023

Pages: 95

Region: Global

Category: Chemical & Material

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Ethanoic acid is also called acetic acid, which is a kind of organic monobasic acids and short-chain saturated fatty acids. Its chemical formula is CH3COOH. The spicy sour of vinegar stems from ethanoic acid. Ethanoic acid is a kind of simple carboxylic acid, which is a kind of important chemical reagent.

LPI (LP Information)' newest research report, the “Ethanoic Acid Industry Forecast” looks at past sales and reviews total world Ethanoic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Ethanoic Acid sales for 2023 through 2029. With Ethanoic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ethanoic Acid industry.

This Insight Report provides a comprehensive analysis of the global Ethanoic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ethanoic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ethanoic Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ethanoic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ethanoic Acid.

The global Ethanoic Acid market size is projected to grow from US$ 4650.6 million in 2022 to US$ 5886.2 million in 2029; it is expected to grow at a CAGR of 5886.2 from 2023 to 2029.

Global Ethanoic Acid key players include Celanese Corporation, Celanese (China) Holding, Jiangsu SOPO, Shanghai Wujing Chemical, Shandong Yankuang Chemical, etc. Global top five manufacturers hold a share about 30%.

China is the largest market, with a share about 50%, followed by North America and Asia(except China), both have a share over 40 percent. 
In terms of product, Methanol carbonylation is the largest segment, with a share about 90%. And in terms of application, the largest application is Purified terephthalic acid, followed by Vinyl acetate monomer.

This report presents a comprehensive overview, market shares, and growth opportunities of Ethanoic Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Methanol carbonylation
    Acetaldehyde oxidation process
    Others

Segmentation by application
    Vinyl acetate monomer
    Purified terephthalic acid
    Acetate esters
    Acetic anhydride
    Medicial and other industrial solvent

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Celanese Corporation
    Eastman
    BP-Amoco
    Japan Kyodo Sakusan
    Jiangsu SOPO Chemical
    Wujing Shanghai Chemical
    Shandong Yankuang Chemical
    Hualu-Hengsheng Chemical
    Hebei Zhongxin Chemical

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ethanoic Acid market?
What factors are driving Ethanoic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ethanoic Acid market opportunities vary by end market size?
How does Ethanoic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?