Global Acetyl Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Acetyl Market - Segmented by Product Type, End-User Industry and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global acetyl market is expected to witness a CAGR of approximately 8.6% during the forecast period.

Acetyl is required in the pharmaceutical industry for a wide range of applications. These include, paracetamols, pain killers, and relievers. There has been a constantly increasing demand for acetyl from the pharmaceutical industry due to the significant rise in demand for such medication, consequent to the rise in general health issues, primarily influenced by the changing lifestyle and food habits.

Acetyl is a key raw material required in the production of medicines. There has been a significant rise in the demand for medication, such as acetylsalicylic acid (aspirins), sulfa drugs, and various other medicines. There has also been a substantial growth in the number of general health issues, over the years, such as fever, cough and cold, body pains, nausea, etc. This has led to an increase in demand for drugs, like aspirin and paracetamol.

In terms of consumption in 2017, Asia-Pacific held the largest share. China is the largest producer and consumer of acetic acid. The consumption levels of acetyl in the country are expected to rise at a rapid pace owing to the increasing demand from the end-user industries including medical, food and beverage as well as paints and coatings sector.

Companies Mentioned

  • BP Global
  • Celanese Corp.
  • Chloritech Industries
  • Daicel Corp.
  • Eastman Chemical Company
  • Gujarat Narmada Valley Fertilizers & Chemicals Limited
  • HELM AG
  • Jiangsu Sopo Co. Ltd.
  • Kanoria Chemicals & Industries Limited
  • Kingboard Chemical Holdings Ltd.
  • LyondellBasell Industries Holdings B.V.
  • S.R.Drugs and Intermediates Pvt. Ltd.
  • Sinopec Group
  • The Dow Chemical Co.
  • Wacker Chemie AG

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

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Related Topics: Chemicals

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Chemicals