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 was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
It also includes Market size and forecast by each application segment in terms of volume for the period 2021-2026.
In the global Ethanoic Acid Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
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 analysed 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 :
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
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 2020 - 2026?
• What are the driving forces in the Ethanoic Acid Market for the forecast period 2020 - 2026?
• 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?