The increasing use of acetyl as a raw material in paints, adhesives, coatings and in the colorants industry, along with the increased application in enhanced drug delivery, and growing application in the food and beverage industry are expected to drive the acetyl market through the forecast period. However, the declining consumption of solvent borne adhesives will act as a roadblock to the growth of the global acetyl market.
The global acetyl market, by product type, is broadly segmented into acetic acid, acetic anhydride, vinyl acetate, ethylene acetate, and other acetyls. In 2015, acetic acid comprised the major market share, accounting for around XX% of the global market. The global acetyl market has been further segmented, based on its end-user industries, into food & beverage, oil & gas, pharmaceutical, paints & coatings, inks & waxes, furniture and other end-user industries.
The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. In 2015, Asia-Pacific dominated the global acetyl market.
The increasing use of acetyl in the food & beverage and oil & gas industries, coupled with the ongoing research and development on acetyl, is opening a gateway to opportunities for various novel applications in the global acetyl market. Globally, there are around XX suppliers competing in the sector with the top five suppliers accounting for almost XX% of the overall market.
Some of the major companies dominating this market for its products, services, and continuous product development, include:
- BP Global
- Celanese Corp.
- Chloritech Industries
- LyondellBasell Industries Holdings B.V.
- The Dow Chemical Co.
- Wacker Chemie AG
Key Topics Covered:
2. Executive Summary
3. Acetyl Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market Size, Growth and Forecast)
7. Competitive Landscape
8. Company Profiles
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