Ethanoic Acid Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
35806 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
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.
In the last few years, more and more Chinese companies enter into ethanoic acid industry. As the overall downward trend of China economic in the past few years, and the complicated and volatileinternational economic situation, the current demand for ethanoic acid product is relatively low, lack of demand, excess supply in the next few years.
Chinese domestic ethanoic acid has been very mature and advanced, and the performance distance between domestic brands and international brands has been shortening. Besides, Chinese export volume of ethanoic acid has reached 18.15% of the domestic production by 2014.
Global demand for ethanoic acid is inhomogeneous, according to the data show, the production is less than the demand for ethanoic acid in Europe, so this market is full of large potential. Despite the fierce market competition, investors are still optimistic about this industry because of the expanding demand.
The Global Ethanoic Acid Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Ethanoic Acid Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Celanese Corporation
Eastman
BP-Amoco
Japan Kyodo Sakusan
Jiangsu SOPO Chemical
Wujing Shanghai Chemical
Shandong Yankuang Chemical
Hualu-Hengsheng Chemical
Hebei Zhongxin Chemical
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Acetic acid
Glacial acetic acid In Market segmentation by applications :
Vinyl acetate monomer
Purified terephthalic acid
Acetate esters
Acetic anhydride
Medicial and other industrial solvent
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Ethanoic Acid Market for the forecast period 2023 - 2030?
• What are the driving forces in the Ethanoic Acid Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Ethanoic Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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