Global Acetyls Market Size, Share, Development, Growth and Demand Forecast to 2022 by P&S Market Research

Acetyls are the organic compounds having chemical formula CH₃CO. The acetyl group consists of a methyl group single bonded with a carbonyl. The IUPAC name of acetyl is Ethanoyl. It is generally present in acetylcholine, acetic acid, acetylsalicylic acid, acetaminophen and acetylcysteine. Acetylation is the chemical process for introducing an acetyl group into a molecule. The acetyl groups of acetic acid, vinyl acetate monomer, and acetic anhydride are used in intermediates in various applications such as adhesives, solvents, inks, and water based paints.

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The global acetyls market is witnessing significant growth, due to increasing demand of acetic acid in manufacturing of purified terephthalic acid (PTA) and ester solvents. Increasing adhesive consumption in key industries will drive demand of vinyl acetate monomer, and increasing uses of ethyl acetate in oil based enamels. Additionally, increasing use of photovoltaic cell will further boost the demand of vinyl acetate monomer.

Among the various products, in 2015, the acetic acid segment held the largest share in the global acetyls market both in terms of value and volume and it is expected to retain its dominance during the forecast period. Acetic acid serves the purpose of key manufacturing ingredient for various chemicals such as ester solvents, acetic anhydride and purified terephthalic acid (PTA); which are further used in various end user industries such as food and beverages, synthetic fibers, inks and textiles.

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GLOBAL ACETYLS MARKET

By Product – Acetic Acid, Vinyl Acetate Monomer, Ethyl Acetate, Acetic Anhydride and Others.
By Region – North America, Europe, Asia-Pacific, and Rest of the World (RoW)

GLOBAL ACETYLS MARKET, BY GEOGRAPHY
North America Acetyls Market

By Country –The U.S., Rest of North America
By Product

Europe Acetyls Market

By Country – Germany, France, Spain, the U.K., and Rest of Europe
By Product

Asia-Pacific Acetyls Market

By Country – China, India, and Rest of Asia-Pacific
By Product

Rest of the World (RoW) Acetyls Market

By Country – Middle East & GCC and Africa
By Product

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