Europe Acetic Acid Market is anticipated to observe impressive growth during the forecast period, 2024-2028. It is a colorless liquid solvent and miscible properties which makes it a useful industrial chemical with widespread applications. The major factors include widespread applications in industries such as plastic, ink, rubber, textile, cosmetic, medical, and culinary industry as a building block for manufacturing various chemicals augmenting the growth of the market.
Rising Demand in Cosmetic Industries
According to the Cosmetics Europe Cosmetic and personal care industry brings about USD 30.50 billion to the European economy annually.
Demand from Food and beverage industry
4.5 million people employed by the EU's food and beverage industry, which has a 1.16 trillion USD annual revenue and 233.48 billion in value contributed, make it one of the EU's largest manufacturing sectors
Recent
- The expansion of
Kuraray's MonoSol's polyvinyl alcohol-based packaging was announced in November
2019 along with the establishment of a new manufacturing plant in Poland. The
establishment of the Poland facility will increase MonoSol's manufacturing
presence in continental Europe, and it is motivated by the concept's rapid
expansion in those countries.
- For their new vinyl
acetate monomer plant at the Saltend Chemicals Park in Hull, United Kingdom,
INEOS awarded Fluor Corp. the front-end engineering and design (FEED) contract
in July 2019. One of three UK projects worth GBP 1.19 billion that INEOS
announced in February 2019 is the new VAM factory. The Northern England project
would cost GBP 178.57 million, according to INEOS.
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Market Segmentation
Europe acetic acid market is segmented into application, end user, and company.
Market Players
Eastman Chemical Company, Celanese Corporation, LyondellBasell Industries Holding B.V, HELM AG, DOW Chemical Company, INEOS Group Limited, Pentokey Organy Limited, Airedale Chemical Company Limited are some of the leading companies operating in the market.
Attribute
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Details
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Base Year
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2022
|
Historic Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
|
Revenue in USD Million, Volume in Tonnes and
CAGR for 2018-2022 and 2023-2028
|
Report coverage
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Revenue forecast, Volume forecast company share, competitive
landscape, growth factors, and trends
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Segments covered
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·
Application
·
End-user
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Regional scope
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France, Germany, United States, Italy, Spain, Netherland, Switzerland,
Sweden, Belgium, Ireland
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Key companies profiled
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Eastman Chemical Company, Celanese
Corporation, LyondellBasell Industries Holding B.V, HELM AG, DOW Chemical
Company, INEOS Group Limited, Pentokey Organy Limited, Airedale Chemical
Company Limitedare
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet
your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
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Report Scope
In this report, Europe acetic acid market has been segmented into following categories, in addition to the industry trends which have also been detailed below
Europe Acetic acid Market
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Competitive Landscape
Company Profiles
found at Customizations
With the given market data, Market Insights Research offers customizations according to a company’s specific needs. The following customization options are found at for the report
Company Information
- Detailed analysis and profiling of additional market
players (up to five).
Europe Acetic acid Market