Rapidly growing paints and coating industry in the Europe shall propel the acetic acid market growth by 2024

Graphical Research has reported the addition of the “Acetic Acid Market: Europe Industry Analysis and Opportunity Assessment 2019 – 2025″ report to their offering.

India – September 9, 2019 /MarketersMedia/ —

The acetic acid market is diverse and includes giant multi-national players. Chief global players operating in the industry are, British Petroleum Plc, Celanese Corporation, Daicel Corporation, HELM Ag, DowDuPont, GNFC Limited, Eastman Chemical Company, LyondellBasell Industries N.V., Mitsubishi Chemical Corporation, Sinopec Corporation, PetroChina, SABIC, Showa Denko K.K. and Wacker Chemie AG. According to the Graphical Research new growth forecast report titled “Europe Acetic Acid Market analysis based on Application, Bio-based Acetic Acid, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024”, estimated to exceed USD 2.5 billion by 2024.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1104/sample

Acetic acid acts as an intermediary for formulating greases, coatings, polyester, and sealants that have applications in diversified industries such as textiles, electronics, automotive and packaging. Fashionable apparel trend among youngsters is increasing and people are preferring more superior quality fabrics, this trend is fueling the textile market growth in Europe from last several years. Vinyl acetic monomers and purified terephthalic acid demand will increase significantly, fueling the acetic acid market growth over the next few years. Europe Vinyl Acetate Monomer (VAM) market demand is expected to witness a significant growth on account of its widening application base in the solar power sector. Key factors, which are likely to drive the VAM demand include a high demand from packaging, solar energy, and footwear industries.

However, there are some limitations, which may restrict the acetic acid demand in coming years at some extent, such as lower compatibility with quarts, corrosive to metals, irritation to skin and reduced performance in lower temperature. Moreover, acetic acid has an acidic odor.

Vinyl Acetate Monomer (VAM) is a primary intermediate, which is used in the production of several polymers and adhesive resins, coatings, paints, films, textiles, and other end products. Swiftly growing paints & coatings industry in the Europe shall propel the acetic acid market growth in near future. Europe construction industry has been undergoing restructuring and renovation activities which will trigger demand for adhesives, coatings, paints, resins, etc. which in turn will have subsequent impact on VAM demand

Table of Content:

Chapter 1.Methodology & Scope

Market scope & definitions
Assumptions
Research methodology

Chapter 2.Executive Summary

Chapter 3.Industry Insights

Industry segmentation
Industry ecosystem analysis
Industry impact forces
Growth drivers
Growth restraints
Regulatory overview
Porter’s analysis
PESTEL analysis
Competitive landscape

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1104/europe-acetic-acid-market

Latin America Bitumen Market : https://www.marketwatch.com/press-release/latin-america-bitumen-market-2019-by-component-technology-application-region-manufactures-to-2024-2019-09-06

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Info:
Name: Parikhit B.
Email: Send Email
Organization: Graphical Research
Website: https://www.graphicalresearch.com/industry-insights/1104/europe-acetic-acid-market

Source URL: https://marketersmedia.com/rapidly-growing-paints-and-coating-industry-in-the-europe-shall-propel-the-acetic-acid-market-growth-by-2024/88916729

Source: MarketersMedia

Release ID: 88916729

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