The Market for Acetic Acid is a Potential Global Market slated to grow strongly in the 5 year forecast period according to IndustryARC.
Also known as Ethanoic Acid, Acetic Acid is the second most popular acid after formic acid with abilities to recycle itself during production. The global acetic acid market has been witnessing constant growth in terms of sales and revenue owing to rising use of acetic acid vinegar. Around 10% of the vinegar is made of acetic acid and that’s where vinegar gets its sour taste from. Thus its application in pickles, sourdough and many more food items is gaining increased prominence. The growing applications of acetic acid due to rising awareness of glacial acetic acid uses are also noted as a leading market driver by IndustryARC expert team. Glacial acetic acid is nothing but water-free versions of acetic acid (undiluted). The product is often related to the pungent smell it owns.
According to study, the chemical bonds in starches and sugars may be disrupted by acetic acid. Acetic acid causes slower digestion or faster rates of transfer of sugar from your bloodstream to your muscles. These continue to drive the overall acetic acid market.
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Growth Trends of Acetic Acid Market:
IndustryARC suggests that Electroplating and Laboratory Chemicals are the major end-users for acetic acid market. A majority of the acetic acid that is produced is used to produce vinyl acetate monomer, or VAM. Vinyl acetate monomer (VAM) is a building block that is used in many industries to make paints, adhesives, packaging, and more. Acetic acid is a chemical reagent for the production of chemical compounds. The largest single use of acetic acid is in the production of vinyl acetate monomer, closely followed by acetic anhydride and ester production. The volume of acetic acid used in vinegar is comparatively small. Acetic acid manufacturers majorly use acetic acid solution in the manufacturing of paints, adhesive, packaging and others.
Geographical Brief on Acetic Acid Market:
The North America is the top contributing region in the Acetic Acid Market followed by another conclusion provided by IndustryARC- APAC growing at the fastest and healthiest CAGR rates during the coming 5-6 years of under-observational period. For numerical data on market shares and other scope details regarding any region around the globe, avail the report.
Segmentation of the Acetic Acid Market:
During IndustryARC’s in-depth study of the Acetic Acid Market, they have classified the market into 4 main types with further narrower segmentations of the same. The deciding factors are best justified in co-relation with the important market oriented factors. Consider purchasing the report for a complete analysis and assistance.
- By Forms: Liquid and Solid
- By Application: Easter Production, Vinegar, Vinyl Acetate Monomer, Purified Te rephathalic Acid, Acetic Anhydride, Ph Regulation Agents and Photochemical.
- By Industry: Electroplating, Laboratory Chemicals, Textile Industry, Machinery Manufacturing And Repair, Printing, Film Industry, Food & Beverage and Others.
- By Geography: North America, Europe, Asia and ROW.
Key Vendors of Acetic Acid Market:
Among more than 40 players that IndustryARC has listed upon thorough analysis in this research report on Acetic Acid Market, few of the leaders are mentioned further below. Business aspects like product portfolio, financial status, past trends, present happenings, future predictions, leading acquisitions and many other notable factors that would help one to judge and invest in the market right, are provided in detail in this market report.
- Myron L Company
- Baoji Fitow Metal Co., Ltd
- Dacial Corporation
- Shanghai Huayi (Group) Company
- Thyssenkrupp Vdm Gmbh
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IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.