×
Industry Reports Services Press Release
  •   Blogs
  • Contact us About us

    North America Acetic Acid Market By Application (Vinyl Acetate Monomer, Purified Terephthalic Acid, Acetate Esters, Acetic Anhydride), Bio-based Acetic Acid Industry Scope, Technology Insights, Commercialization, Addressable Market Potential Industry Analysis Report, Regional Outlook (U.S., Canada), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2019 – 2024
    Published Date: July 2019   |   Report ID: GR1211   |   Delivery: PDF  Request Free Sample

    North America acetic acid market is chiefly driven by rising product demand from plastic packaging industry. The product is extensively used in the production of PTA, which is used in manufacturing PET bottles, highly preferred for storing carbonated drinks due to its several advantages such as unbreakable, easy to handle, reseal ability, etc. In addition, acetic acid demand in the region is also driven by the renovation and restructuring infrastructure activities which will trigger demand for adhesives, coatings, films, paints, etc. This will made notable contribution to the acetic acid market size in the coming years.

    North America Acetic Acid Market

    Get more details on this report - Request Free Sample PDF

    Acetic acid is majorly used in the VAM production, which is a primary intermediate for manufacturing variety of polymers and resins for adhesives, films, paints, coatings, textiles and other end-user products. North America paint and coating demand was 8.3 million tons in 2014, which rose to 9.9 million tons in 2017, registering substantial CAGR during the forecast period. Strong product demand for renovation and restructuring activities in the U.S. will have significant impact on product demand which in turn will help boost acetic acid market size by 2024.

    Based on product types, PTA will generate revenue around USD 600 million by 2024. The product is used to manufacture tera phthalic acid which is further used in polyester fibers, polyester films and PET bottles production. North America polyester resin market is projected to grow at the annual rate of around 3.5%. which will trigger the overall acetic acid market size in the coming years

    Major participants include Wacker Chemie AG, Sinopec, PetroChina, SABIC, Mitsubishi Chemical Corporation, HELM AG, Showa Denko K.K., Eastman Chemical Company, Celanese Corporation, British Petroleum Plc and DowDupont.


    Frequently Asked Question(FAQ) :

    Where is acetic acid mainly used?
    The product is extensively used in the production of PTA, which is used in manufacturing PET bottles, highly preferred for storing carbonated drinks due to its several advantages such as unbreakable, easy to handle, reseal ability, etc.
    What are other applications of acetic acid?
    It has diverse applications such as manufacturing of vinyl acetate monomer, purified terephthalic acid, acetate esters, acetic anhydride.
    What are the growth projections of North America Acetic Acid Market?
    North America Acetic Acid Market to Grow at $2.5 bn During forecast period 2019-2024

    Get this research report on North America Acetic Acid Market customized according to your business requirements.

    report-purchase - logo Buy Now

    Why Choose us?

    • on-time delivery On-Time Delivery

      We commit to on-time delivery of reports to keep you ahead.

    • assured quality Assured Quility

      With a wide network of industry experts and trained in-house analysts, we assure best service quality.

    • Custom Research Service

      We offer research services to meet specific client requirements and provide them with actionable insights on target markets.

    • payment security Payment Security

      Our safe payment gateway gives you full control of your personal data, at all times.

    Connect with our sales team

      (+1)-208-273-9852

     [email protected]