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Latest Report On Acetic Acid Market By Grand View Research Suggest Market Growth At CAGR Of Over 4% To 2022

New Market Research Reports Title Global Acetic Acid Market Analysis Size And Segment Forecasts To 2022 Has Been Added to GrandViewReseach.com Report Database

Global Acetic Acid Market is expected to reach USD 13.31 billion by 2022, according to a new study by Grand View Research, Inc. Increasing consumption of PTA for manufacturing polyester coupled with rising application scope of polyester in the textile industry is likely to fuel acetic acid market growth over the next seven years. Growing demand for VAM which is used as a precursor for manufacturing EVA and EVAc coupled with an increasing consumption of these downstream chemicals in the formulation of solvents and adhesives is expected to drive acetic acid market. Acetic acid is also used as a key ingredient in vinegar. Rising demand for vinegar owing to numerous health benefits associated with it is expected to augment market growth over the forecast period.

Acetic acid demand for manufacturing VAM exceeded 3,600 kilo tons in 2014 and the segment is projected to grow at a CAGR of over 4% from 2015 to 2022. Vinyl acetate monomer (VAM) is used in production of various adhesives and water based paints. Rising demand for industrial coatings and paints on account of growing infrastructure, specifically in emerging economies including China, Brazil and India, is a key factor for the growth of (VAM) over the forecast period.


Full research report on Acetic Acid Market Analysis:
http://www.grandviewresearch.com/industry-analysis/acetic-acid-market


Further key findings from the study suggest:


Request for sample of this research report:
http://www.grandviewresearch.com/industry-analysis/acetic-acid-market/request

For the purpose of this study, Grand View Research has segmented the global acetic acid market on the basis of application and region:

Global Acetic Acid Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)


Global Acetic Acid Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2022)


View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/organic-chemicals-and-compounds


About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Web: www.grandviewresearch.com

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“Grand View Research, Inc. – Market Research And Consulting.”

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Website: http://www.grandviewresearch.com/industry-analysis/acetic-acid-market

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