The 2023-2028 World Outlook for Acetic Acids

The 2023-2028 World Outlook for Acetic Acids

This study covers the world outlook for acetic acids across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

In this report we define the sales of acetic acids as including all commonly understood products falling within this broad category, such as glass, carbon, and aramid fiber, and ceramic and metal matrix composites and fuselage, wings, and empennage aircraft parts, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Archer Daniels Midland Company, Ashok Alco Chem, Ltd., ATP Group, Bartek Ingredients, BASF, BP, Brenntag North America, British Petroleum, Caremoli, Cargill, Celanese, Celrich Products Pvt., Chang Chun Petrochemical Company, Chemelco International, China Petrochemical Development Corporation, Chiping Huahao Chemical Company, Corbion, Daicel, Deicel, Dow Chemicals, DuPont, Eastman Chemical, Eurochem, FBC Industries, Foodchem International, Fosfa, Fuerst Day Lawson, Gehring-Montgomery, GNFC, Gremount International Company, Gujarat Narmada Valley Fertilizers & Chemicals, H Plus, Haohua Junhua Group, Hawkins Watts, Helm, Hexa Research identifies Celanese, Indian Oil, Isegen South Africa (PTY), Jiangsu Sopo, Jubilant Life Sciences, Jungbunzlauer Suisse, Kanoria Chemicals & Industries, Kingboard Chemical Holdings, KURARAY Company, Lotte BP Chemicals Company, Lyondell Basell, Mitsubishi Chemical, Niche Trading, Parry Enterprises India Limited (PEIL), Pentokey Organy, Pentoky Organy, Prinova Group, Ridhdhi Sidhdhi Chemicals, Saudi International Petrochemical Co. (SIPCHEM), SEKAB BioFuels & Chemicals, Shandong Hualu-Hengsheng Chemical Company, Showa Denko, Sinopec Sichuan Vinylon Works, Tate & Lyle, Thana Acid and Chemical Company, Univar Canada, Wacker Chemie, Weifang Ensign Industry Company, and Yancheng City Chunzua Aroma Company. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).