Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

Acetyl Market Global acetyl market has faced downturn in the raw material supply in 2016 which impacted the acetyl business by 12.2% globally. The key raw materials used for acetic acid and Vinyl Acetate Monomer (VAM) are Carbon monoxide, Methanol, Ethylene and for solvents and derivatives are Methanol, Acetic acid. Application of acetyl is very vast such as the diketene which is derived from acetic acid, is used as a non-nutritive high intensity sweetener in a variety of beverages, confectionaries and dairy products throughout the world. The supply of the raw material for the acetyls is usually purchased on annual or multi-year contracts. The global demand and supply mechanisms has large impact on VAM and acetic acid market, carbon mono-oxide a principal raw material is sourced from only close proximity under long term contracts unlike methanol and ethylene. The global leader in acetyls market, Celanese, is expanding its capacity in acetic acid and VAM facilities in Clear Lake, Texas making itself largest and most efficient VAM plant in the world.

Goldstein Research analyst forecast that the global acetyl market size is set to reach USD 37.8 billion by 2024, growing at a CAGR of 6.4% over the forecast period. The feedstock flexibility, global reach and the ability to flex the acetyls chain will provide a background to maximize profits as per the fluctuating market. The establishments of new acetyl industrial units such as in African region are some of the factors that will lead the market to grow as per the forecast.

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

Market Segmentation Acetyl Market is segmented on the following basis:

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 By Type of Acetyl Products •

Acetic Acid

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VAM

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Acetic anhydride

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Acetaldehyde

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Ethyl acetate

 By Application •

Paints, Coatings & Inks

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Adhesives

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Films

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Textiles

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Building and Construction Products

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Pharmaceuticals

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

Market Size and Forecast (2016-2024) Goldstein Research analyst forecast that the global acetyl market size is set to reach USD 37.8 billion by 2024, growing at a CAGR of 6.4% over the forecast period. The feedstock flexibility, global reach and the ability to flex the acetyls chain will provide a background to maximize profits as per the fluctuating market. The establishments of new acetyl industrial units such as in African region are some of the factors that will lead the market to grow as per the forecast.

Based on geography, North America generated a revenue share of 32.0% in 2016 in overall global acetyl market owing to the presence of top manufacturers of the acetyl in the region, being the largest producer, such as Calanese, a U.S.A. based industry was the leading manufacturer in 2016. On the other hand, Asia-Pacific region is the largest consumer of the of acetyl, having 41.0% market share of the total global acetyl market because of the rising horizons of industrial infrastructure, spiked demand for high performance industrial products that uses acetyl as the key ingredient such as, paints, adhesives, textiles, construction activities and more.

Acetyl Market Size (USD Billion), 2016-2024

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

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Acetyl Market Segmentation is segmented as follows: •

By Product (Market Size, Demand Analysis and Growth Analysis)

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By Application (Market Size, Demand Analysis and Growth Analysis)

By Geography

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)} • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)} • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)} • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} • Rest of the World{Market Share (%), Market Size (USD Billion))}

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

Market Dynamics: Growth Drivers, Restraints and Opportunities o Risk Factors o Regional Variations o Recent Trends and Developments

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Key Market Players o Synopsis o Business Strategy o Product Portfolio o SWOT Analysis Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks Request for TOC @ https://www.goldsteinresearch.com/toc-request/global-acetyl-market-size-analysis Published By: Goldstein Research

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting firm and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

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Global Acetyl Market Outlook 2024: Growth Opportunity And Demand Analysis, Market Forecast, 2016-2024

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