Acetyl Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[175+ Pages Report] According to the report published by Facts Factors, the global acetyl market size was worth around USD  28 million in 2019 and is predicted to grow to around USD 43 million by 2026 with a compound annual growth rate (CAGR) of roughly 6% between 2020 and 2026. The report analyzes the global acetyl market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the acetyl market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the acetyl market. The report analyzes and declares the historical and current trends analysis of the acetyl industry and subsequently recommends the projected trends anticipated to be observed in the acetyl market during the upcoming years.

The acetyl market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire acetyl market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) and volume (Kilo Ton) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the acetyl industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the acetyl industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the acetyl market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the acetyl industry. The acetyl market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

Key Insights from Primary Research

• The pharmaceutical industry has seen robust growth in recent years owing to the increase in healthcare spending by consumers has driven the consumption of paracetamol and aspirin. This has been a key growth driving factor for the global acetyl market.
• Research and development in exploring the applicability of acetyl in different applications are likely to create new avenues for the global acetyl market in the future.
• Based on product type, the acetic acid segment is expected to record the highest growth rate over the forecasted period 2020-2026 in the global acetyl market.
• Our primary respondents estimate that the global acetyl market was worth approximately USD 28 billion in 2019.

Key Recommendations from Analysts

• Acetyl is used in different types of medicines and pharmaceutical products and growth in the consumption of medicines have been one of the key growth driving the global acetyl market.
• The Asia Pacific accounted for the majority of the market share in the global acetyl market, accounting for a market share of 40% in 2019.
• In the Asia Pacific, China and India are expected to record the fastest growth in the future owing to rapid growth in the healthcare industry in the region.
• Our analysts estimate that the global acetyl market is expected to be valued at nearly USD 43 billion by the end of 2026 and is anticipated to record a CAGR of around 6%

Global Acetyl Market Revenue Share – By Region

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the acetyl sector. Key strategic developments in the acetyl market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the acetyl market are appropriately highlighted in the report.

The acetyl group comprises various organic compounds such as acetic acid, acetaminophen, acetylcysteine, acetyl-CoA, etc. These compounds are mainly used in pharmaceutical products and medicines such as paracetamol, aspirin, etc. The global acetyl market has been driven by the growing consumption of medicines.

Report Scope

Regional Analysis:

The acetyl market research report delivers an acute valuation and taxonomy of the acetyl industry by practically splitting the market on the basis of different product types, industry verticals, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the acetyl industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the acetyl industry is provided for the leading economies of the world.

The acetyl market is segmented based on product type, industry vertical, and region. On the basis of product type, the market is classified into acetic anhydride, ethylene acetate, acetic acid, vinyl acetate, and others. In terms of industry verticals, the market is bifurcated into food & beverages, paints & coatings, pharmaceutical, oil & gas, furniture, and others.

Some of the essential players operating in the acetyl market, but not restricted include:

• Eastman Chemical Company
• BP
• The Dow Chemical Company
• S.R. Drugs and Intermediates Pvt. Ltd.
• Daicel
• Celanese Corporation
• Quzhou Weirong Pharmaceutical & Chemical Co. Ltd.
• Fubore
• Chiping Huahao Chemical
• LyondellBasell Industries Holdings B.V.
• Wacker Chemie AG

The taxonomy of the acetyl Market by its scope and segmentation is as follows:

By Product Type Segmentation Analysis

• Acetic Anhydride
• Ethylene Acetate
• Acetic Acid
• Vinyl Acetate
• Others

 By Industry Vertical Segmentation Analysis

• Food & Beverages
• Paints & Coatings
• Pharmaceutical
• Oil & Gas
• Furniture
• Others

 By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa