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Acetic Acid Market Growth Opportunity And Industry Forecast To 2027

The global acetic acid market is forecast to reach USD 21.65 Billion by 2027, according to a new report by Reports and Data.

VijayKurane
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Acetic Acid Market Growth Opportunity And Industry Forecast To 2027

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  1. Acetic Acid Market To Reach USD 21.65 Billion By 2027

  2. Market Summary Market Size – USD 12.48 Billion in 2018, Market Growth - CAGR of 6.2%, Market Trends – Growing demand for textiles and packaging in China. The global acetic acid market is forecast to reach USD 21.65 Billion by 2027, according to a new report by Reports and Data. The growing use of acetic acid in the production of different products such as purified terephthalate acid and vinyl acetate monomers (VAM) is expected to boost the market size of acetic acid during the forecast period. Further key findings from the report suggest • Acetic acid is used in the manufacture of bottles and other synthetic materials. It is used in making pigments, dyes, and paint and coating additives. The acid is used in printing on fabric and also used as a cleaning and degreasing solvent. The textile industry is another major employer of acetic acid for its dyeing operations. Acetic acid is used as a buffering agent in dyeing the cloth with a particular color. The textile industry is flourishing in the context of exploding global population amalgamated with increasing disposable income, augmenting the per-capita consumption of goods, including textiles. • www.reportsanddata.com

  3. Market Summary Key Players: Mitsubishi Chemical Corporation, Sinopec, Wacker Chemie, GNFC Limited, Saudi International Petrochemicals, DuPont, Eastman Chemical Company, Daicel Corporation, Jiangsu Sopo (Group), and LyondellBasell, among others. Segmentation: Form Outlook (Revenue,USD Billion; Volume, Kilo Tons; 2016-2027) •Solid •Liquid Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) •Biological Route •Synthetic Route Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/2327 www.reportsanddata.com

  4. Market Summary Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027) •Acetic anhydride •Monochloroacetic •Textiles •Terephthalic acid •Vinyl acetate monomer •Ketene •Dimethylacetamide Regional Outlook for Acetic Acid Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Click here to avail the report at an unbelievable discount rate: https://www.reportsanddata.com/discount-enquiry-form/2327 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact- based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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