Global Acetyl Market Growth 2023-2029

Global Acetyl Market Growth 2023-2029

Acetyls or acyls are functional group organic compounds with the chemical formula CH3CO. The acetyl or acyl group contains a methyl group single-bonded to a carbonyl. The carbonyl center of an acyl compound has one non-bonded electron with which chemical bonds with alkyl groups are formed. Ethanoyl is the IUPAC name of acyl. Often known as the acetyl moiety, it is present in acetic acid, acetylcholine, acetyl-CoA, acetylcysteine, acetaminophen and acetylsalicylic acid. Acetylation is the chemical process of introduction of an acetyl group into a molecule. Acyls are used in the modification of histones and proteins.

LPI (LP Information)' newest research report, the “Acetyl Industry Forecast” looks at past sales and reviews total world Acetyl sales in 2022, providing a comprehensive analysis by region and market sector of projected Acetyl sales for 2023 through 2029. With Acetyl sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acetyl industry.

This Insight Report provides a comprehensive analysis of the global Acetyl landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acetyl portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acetyl market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acetyl and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acetyl.

The global Acetyl market size is projected to grow from US$ 50 million in 2022 to US$ 67 million in 2029; it is expected to grow at a CAGR of 67 from 2023 to 2029.

Acetic anhydride or acetyl chloride are used for the formation of acetyls. Acetylated organic compounds exhibit increased ability to cross the selectively permeable blood–brain barrier. Acetylation assists a particular drug to reach the brain more quickly, further enabling strong drug effects and increased effectiveness of the drug dose. Acetylation converts the natural painkiller morphine into its intense form of heroin. Acetylation of resveratrol is currently under study as a potential alternative as one of the first anti-radiation drugs for humans. The global acetyl market is anticipated to be driven by the increasing application in diverse end-user industry and strong research advancements which is expected to open novel opportunities in several end user industries.

This report presents a comprehensive overview, market shares, and growth opportunities of Acetyl market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Acetic Acid
Acetic Anhydride
Vinyl Acetate
Ethylene Acetate
Others

Segmentation by application
Food & Beverages
Oil & Gas
Pharmaceutical
Paints and Coatings
Furniture
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BP
Celanese Corporation
The Dow Chemical Company
Eastman
Wacker Chemie
LyondellBasell Industries
BASF

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acetyl market?

What factors are driving Acetyl market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Acetyl market opportunities vary by end market size?

How does Acetyl break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.