Scienza e Tecnologia
Acetic Acid Market to reach US$ 21,734.46 Mn by end of 2027, Says Coherent Market Insights
https://www.coherentmarketinsights.com/insight/request-sample/4377
Textile and packaging industries in both developed and emerging economies have expanded significantly in the recent past. According to the India Brand Equity Foundation (IBEF), the domestic textile and apparel market was valued at US$ 100 billion in 2019. Acetic acid is typically used in the garment industry for dyeing purposes. Furthermore, acetic acid is also used in the packaging industry in the production of cellulose acetate for photographic film and polyvinyl acetate for wood glue as well as synthetic fibers and fabrics.
The industrial coatings are essentially applied on various surfaces to protect them from rusting as well as to provide aesthetics to the object. Over the years, ester solvents have gained significant traction across the coating industry. An ester solvent is a chemical substance that is used in corrosion prevention paints. These types of coatings are used across the marine industry, shipping industry, etc.
Key companies in the market are focused on research and development activities, in order to launch novel products. For instance, in June 2020 , AkzoNobel launched Interpon Redox, high performance primers for providing protection against corrosion. This new coating can provide protection from swimming pools to chemical plants and high humidity to highly corrosive areas.
With growing urbanization, the building and construction sector across emerging economies in Asia Pacific such as India and China has expanded massively. According to the India Brand Equity Foundation (IBEF) suggests, India is expected to become the world's third-largest construction market by 2022, for which it will require US$ 777.73 billion investment across infrastructure for sustainable development. As a result of this, the demand for corrosion and all-weather coatings has increased significantly in the recent past.
https://www.coherentmarketinsights.com/insight/request-customization/4377
Asia Pacific is expected to witness significant growth in the global acetic acid market during the forecast period. This is owing to rapid growth of end-use industries and the high demand for plastics and plastic products across India and China . Moreover, increasing demand for coatings from the construction industry is expected to boost the regional market growth over the forecast period.
North America is expected to witness significant growth in the global acetic acid market during the forecast period. This is owing to rapid growth of the automotive industry across the U.S.
operating in the global acetic acid market are Celanese Corporation, British Petroleum, Eastman Chemical Company, Jiangsu Sopo (Group) Co., Ltd., China Petroleum & Chemical Corporation (Sinopec), Lyondell Basell Industries, Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Company, PetroChina Co. Ltd., PetroChina Co. Ltd., and BASF SE.
For instance, in July 2020 , Nippon Paint India launched Protec, a range of industrial paints for OEMs and bus bodybuilders.
Vinyl acetate monomer PTA
Acetate esters
Acetic anhydride
Others
https://www.coherentmarketinsights.com/insight/buy-now/4377
, by Form (Powder and Tablets), by Source (Plants Animals, and Dairy Products), by Nature (Organic and Inorganic), by End Use (Pharmaceuticals, Nutritional & Dietary Supplements, Animal Health & Nutrition, Infant Food & Supplements, and Food & Beverages), and by Region ( North America , Latin America , Asia Pacific , Europe , and Middle East & Africa ) - Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028
, by Grade (Natural Grade and Synthetic Grade), by Application (Detergents, Lubricants, Lacquer & Coatings, Herbicide, Food Additives, and Others (Personal Care & Cosmetics, etc.)), and by Region ( North America , Latin America , Europe , Asia Pacific , and Middle East & Africa ) - Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
, by Product Type (Polymer Grade, Pharma Grade, and Technical Grade), by Application (Pharmaceutical, Adhesives, Plastics, Lubricants, Personal Care & Cosmetics, and Others (Plasticizers, etc.)), and by Region ( North America , Latin America , Asia Pacific , Europe , and Middle East & Africa ) - Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028
, By Product Type (Amino Acids, Antibiotics, Vitamins, Feed Enzymes, Antioxidant), By Animal Type (Ruminants, Poultry), By Region ( North America , Latin America , Europe , Asia Pacific , Middle East & Africa ) - Size, Share, Outlook, and Opportunity Analysis, 2021 – 2028
, by Application (Agriculture, Animal Feed, Ecological Remediation, Dietary Supplements, Pharmaceuticals, and Others) and by Region ( North America , Latin America , Asia Pacific , Europe , and Middle East & Africa ) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India , having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan . Our client base includes players from across various business verticals in over 57 countries worldwide.
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
: +1-206-701-6702
: +44-020-8133-4027
: +81-050-5539-1737
: +91-848-285-0837
sales@coherentmarketinsights.com https://www.coherentmarketinsights.com LinkedIn | Twitter
LOGO : https://mma.prnewswire.com/media/902389/Coherent_Market_Insights_Logo.jpg