Disclosing Latest Advancement in Global Acetyl Market Forecast 2018-2023

Acetyl

Global Acetyl Market Research Report 2018 presents an in-depth assessment of the Acetyl Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Acetyl Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Acetyl Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Acetyl industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Acetyl market growth over the forecast period.

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The global acetyl market is expected to witness a CAGR of approximately 8.6% during the forecast period, majorly driven by its increasing application base in the pharmaceutical, food & beverage, and oil & gas sectors.

Increasing Usage in Pharmaceutical Industry

Acetyl is required in the pharmaceutical industry for a wide range of applications. These include, paracetamols, pain killers, and relievers. There has been a constantly increasing demand for acetyl from the pharmaceutical industry due to the significant rise in demand for such medication, consequent to the rise in general health issues, primarily influenced by the changing lifestyle and food habits. Additionally, acetyls enhances drug delivery systems which makes it largely preferred in the healthcare sector, in turn driving the market.

Acetic Acid Dominates the Market

Acetyl is a key raw material required in the production of medicines. There has been a significant rise in the demand for medication, such as acetylsalicylic acid (aspirins), sulfa drugs, and various other medicines. There has also been a substantial growth in the number of general health issues, over the years, such as fever, cough and cold, body pains, nausea, etc. This has led to an increase in demand for drugs, like aspirin and paracetamol. Therefore, the demand for acetyl is expected to increase from the pharmaceutical sector at a significant pace, during the forecast period.

Asia Pacific is the Most Dominating Region

In terms of consumption in 2017, Asia-Pacific held the largest share. China is the largest producer and consumer of acetic acid. The consumption levels of acetyl in the country are expected to rise at a rapid pace owing to the increasing demand from the end-user industries including medical, food and beverage as well as paints and coatings sector. Additionally, the pharmaceutical industry is expected to expand further in the region which in turn shall further augment the growth of acetyl market during the forecast period.

Key Developments in the Market

February 2018: Celanese Corporation announced the rise in the prices of acetyl intermediates.

Major Players: BP Global, Celanese Corporation, Daicel Corp., Sinopec Group, and DowDuPont amongst others.

Reason to Purchase this Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating process type and filler used in the market
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players.
3 months analyst support, along with the Market Estimate sheet (in excel)

Customization of the Report

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Acetyl Market Forecast 2018-2023

The Acetyl industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Acetyl production, supply, sales and market status.

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Price of Acetyl Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

 

 

 

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