New Feature. You can post a deal now, try to post your first deal to help others save money.
OKUpdata
Hey! Thank you so much for your support and quality posts for V Show!
And congratulations on becoming our Vipon Associated Editor.
From now on, in addition to getting 10 points for each post (up to 30 points daily), we will regularly review each of your articles, and each approved article (tagged with Featured label) will be paid an additional $50.
Note: Not all articles you posted will get $50, only those that meet our requirements will be paid, and articles or contents that do not meet the requirements will be removed.
Please continue to produce high quality content for organic likes. Our shoppers love seeing your stories & posts!
Congratulations! Your V SHOW post Planting Tips has become our Featured content, we will pay $50 for this post. Please check on your balance. Please continue to produce high quality original content!
Projected to hit a staggering USD 13.79 billion by 2027, the global acetic acid market is on a trajectory of robust growth, with an estimated CAGR of 8.4% during the forecast period. This surge, as per a report titled "Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others)," by Fortune Business Insights, is fueled by escalating solvent usage in various chemical applications such as paints & coatings, adhesives & sealants.
Market Momentum:
The upward trajectory of the market is propelled by notable advancements in polymer technologies. Particularly, the utilization of VAM in crafting ethylene vinyl alcohol (EVOH), a pivotal barrier resin deployed in food packaging, fuel tanks, and diverse engineering polymers, is a significant contributor. Moreover, derivatives of VAM, including vinyl chloride-vinyl acetate copolymers, find extensive application in adhesives & sealants, further augmenting market dynamics. Notably, VAM's adhesive properties across multiple substrates like wood, paper, metals, and plastic films bolster its market significance.
Pandemic Impacts:
However, the market has witnessed setbacks amidst the COVID-19 pandemic, primarily due to diminished chemical production. Factory closures stemming from labor shortages and disrupted raw material supplies have impeded market growth. Nevertheless, the surge in ethanoic acid demand, coupled with heightened sanitizer consumption, is anticipated to catalyze market recovery. Additionally, heightened health and safety concerns, particularly within healthcare settings, are poised to drive market resurgence in the foreseeable future.
Regional Outlook:
The Asia Pacific region is poised to dominate the global market landscape, fueled by substantial investments in polymer formulations. With Japan, China, and India emerging as key players in polymer industries, the demand for acetic acid as a primary raw material is on an upswing. China's significant capacity in polymer production, alongside its robust ethanoic acid output, underscores its pivotal role in the regional market. Meanwhile, Europe is slated to maintain a significant market share, buoyed by burgeoning demand from various end-use sectors and escalating import activities. Noteworthy developments such as methanol carbonylation, spearheaded by major players like Wacker in Germany, are expected to unlock new opportunities for market expansion in the region.
Key Industry Developments:
A significant industry milestone was marked in October 2019 when BP and Zhejiang Petroleum and Chemical Corporation (ZPCC) of China inked a memorandum of understanding (MOU). The MOU outlines plans for a joint venture, equally owned by both entities, aimed at constructing and operating a cutting-edge acetic acid plant with an annual capacity of 1 million tons in eastern China.
Information source:
https://www.fortunebusinessinsights.com/acetic-acid-market-103386
Projected to hit a staggering USD 13.79 billion by 2027, the global acetic acid market is on a trajectory of robust growth, with an estimated CAGR of 8.4% during the forecast period. This surge, as per a report titled "Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others)," by Fortune Business Insights, is fueled by escalating solvent usage in various chemical applications such as paints & coatings, adhesives & sealants.
Market Momentum:
The upward trajectory of the market is propelled by notable advancements in polymer technologies. Particularly, the utilization of VAM in crafting ethylene vinyl alcohol (EVOH), a pivotal barrier resin deployed in food packaging, fuel tanks, and diverse engineering polymers, is a significant contributor. Moreover, derivatives of VAM, including vinyl chloride-vinyl acetate copolymers, find extensive application in adhesives & sealants, further augmenting market dynamics. Notably, VAM's adhesive properties across multiple substrates like wood, paper, metals, and plastic films bolster its market significance.
Pandemic Impacts:
However, the market has witnessed setbacks amidst the COVID-19 pandemic, primarily due to diminished chemical production. Factory closures stemming from labor shortages and disrupted raw material supplies have impeded market growth. Nevertheless, the surge in ethanoic acid demand, coupled with heightened sanitizer consumption, is anticipated to catalyze market recovery. Additionally, heightened health and safety concerns, particularly within healthcare settings, are poised to drive market resurgence in the foreseeable future.
Regional Outlook:
The Asia Pacific region is poised to dominate the global market landscape, fueled by substantial investments in polymer formulations. With Japan, China, and India emerging as key players in polymer industries, the demand for acetic acid as a primary raw material is on an upswing. China's significant capacity in polymer production, alongside its robust ethanoic acid output, underscores its pivotal role in the regional market. Meanwhile, Europe is slated to maintain a significant market share, buoyed by burgeoning demand from various end-use sectors and escalating import activities. Noteworthy developments such as methanol carbonylation, spearheaded by major players like Wacker in Germany, are expected to unlock new opportunities for market expansion in the region.
Key Industry Developments:
A significant industry milestone was marked in October 2019 when BP and Zhejiang Petroleum and Chemical Corporation (ZPCC) of China inked a memorandum of understanding (MOU). The MOU outlines plans for a joint venture, equally owned by both entities, aimed at constructing and operating a cutting-edge acetic acid plant with an annual capacity of 1 million tons in eastern China.
Information source:
https://www.fortunebusinessinsights.com/acetic-acid-market-103386
Are you sure you want to stop following?
Congrats! You are now a member!
Start requesting vouchers for promo codes by clicking the Request Deal buttons on products you want.
Start requesting vouchers for promo codes by clicking the Request Deal buttons on products you want.
Sellers of Amazon products are required to sign in at www.amztracker.com
More information about placing your products on this site can be found here.
Are you having problems purchasing a product with the supplied voucher? If so, please contact the seller via the supplied email.
Also, please be patient. Sellers are pretty busy people and it can take awhile to respond to your emails.
After 2 days of receiving a voucher you can report the seller to us (using the same button) if you cannot resolve this issue with the seller.
For more information click here.
We have taken note and will also convey the problems to the seller on your behalf.
Usually the seller will rectify it soon, we suggest now you can remove this request from your dashboard and choose another deal.
If you love this deal most, we suggest you can try to request this deal after 2 days.
This will mark the product as purchased. The voucher will be permanently removed from your dashboard shortly after. Are you sure?
You are essentially competing with a whole lot of other buyers when requesting to purchase a product. The seller only has a limited amount of vouchers to give out too.
Select All Groups
✕
Adult Products
Arts, Crafts & Sewing
Automotive & Industrial
Beauty & Grooming
Cell Phones & Accessories
Electronics & Office
Health & Household
Home & Garden
Jewelry
Kitchen & Dining
Men's Clothing & Shoes
Pet Supplies
Sports & Outdoors
Toys, Kids & Baby
Watches
Women's Clothing & Shoes
Other
Adult Products
©Copyright 2024 Vipon All Right Reserved · Privacy Policy · Terms of Service · Do Not Sell My Personal Information
Comments