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Acetyl Market to Grow at a CAGR of 6.4% (2016-2024)
Acetyl Industry Analysis Report 2016-2024
According to Goldstein Research, global acetyl market is expected to reach USD 37.8 billion by 2024, growing at a CAGR of 6.4% over the forecast period 2016-2024.The demand from the developing economies to supplement the intensive construction activities and application in adhesive, paints and films is primarily driving the growth of the market. Global acetyl market segmentation has been done on the basis of acetyl products, application and geography. Acetic acid accounted for largest market share of 28.0% in 2016 for its application in multiple industries such as manufacturing of VAM. Global acetyl market is largely dominated by North America due to presence of top manufactures in the region. Further, Asia-Pacific is the largest consumer of acetyl in different forms, on the back of development activities carried on in the region.
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On the basis of our in-depth analysis, Global Acetyl Market can be segmented as follows:
Acetyl Market By Products Type
- Acetic Acid
- Acetic anhydride
- Ethyl acetate
- Butyl acetate
Acetyl Market By Application
- Paints, Coatings & Inks
- Building and Construction Products
Acetyl Market By Region
- North America
- Middle East and Africa Latin America
- Asia Pacific
“Global Acetyl Market Outlook 2024”contains detailed overview of the global acetyl market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by acetyl product and application.
Further, for the in-depth analysis, Global Acetyl Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
This market research report also includes competitive outlook of some of the major players profiling of companies such asCelanese Corporation, Dow Chemical Company, Eastman Chemical Company, WackerChemie, BP Global, Chloritech Industries, Daicel Corp., GNFC Ltd., JiangsuSopo Co. Ltd, PetroChina, Kanoria Chemicals & Industries Ltd, Sinopec, Transpek Industry Ltd.,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Objective of Report:
- To analyze and forecast market size Acetyl Market.
- To calculate the expected growth rate of Acetyl Market.
- To classify and forecast Acetyl Market based on product type, by application,by region
- To identify market Key Players, driving factors, & trends of Acetyl Market with the help of SWOT Analysis.
- To identify and analyze the profiles of leading players involved in the manufacturing and supplying of Acetyl Market.
- To identify market opportunities for the existing and entry level players.
Overall, the report represents the global acetyl market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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