The report, "Acetic Acid Market & Its Derivatives (Vinyl Acetate Monomer (VAM),
Purified Terephthalic Acid (PTA), Acetic Anhydride, & Ester Solvents- Ethyl Acetate &
Butyl Acetate) Market By Applications & Geography – Trends & Forecasts to 2018 "
,defines and segments the global acetic acid & its derivatives market with analysis and
forecasting of the global volume and value.
Browse more than 94 market data tables with 34 figures spread through 183 slides and in-
depth TOC on "Acetic Acid Market - Trends & Forecasts to 2018".
https://www.marketsandmarkets.com/Market-Reports/acetic-acid-market-
187403448.html
Early buyers will receive 10% customization on this report.
Asia-Pacific - The Biggest Market of Acetic Acid
The Asia-Pacific region is the most promising chemical market and is expected to be the
same in the near future. Asia-Pacific is the world's largest Acetic Acid Market, which
consumed more than half of the total global demand in 2012, and also for most of its
applications that include vinyl acetate monomer, purified terephthalic acid, acetic
anhydride, and ester solvents - ethyl acetate & butyl acetate. The demand for Acetic Acid in
the region is anticipated to grow at a CAGR of about 5.01% from 2013 to 2018. It is
estimated that China and Taiwan are the biggest consumers of Acetic Acid in the region,
followed by Japan in 2012. India is expected to be the fastest growing market of Acetic Acid.
The continuous rise in the production of end products for use within the region and for
exports derives a huge demand for chemicals. A few of the reasons for the high growth in
this region are growing population, vast economies - developed as well as developing, and
favorable investment policies and government initiatives to promote the industrial growth.