This report is based on the latest economic data and provides comprehensive and detailed insights into the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing and margins. It is a must-read for all entrepreneurs, investors, consultants, researchers, corporate strategists, and anyone involved in the acetic acid industry in any way.
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Acetic acid or acetic acid is a clear and colorless organic compound with the chemical formula CH3COH. It is derived from the bacterial fermentation or oxidation of natural carbohydrates. Acetic acid is a popular industrial chemical widely used in the manufacture of polyvinyl acetate for wood glue, cellulose acetate for photographic film, synthetic fiber, etc. In addition, it also produces metal acetate, volatile organic acetate, vinyl acetate monomer (VAM). etc., and is widely used in various industries for textile manufacture, printing, photographic film manufacture, etc.
The increasing number of construction activities is one of the key factors driving the acetic acid market. In addition, the increasing demand for acetic acid in the production of coatings, greases, polyesters, etc. further catalyzes the market growth. In addition, the widespread need for acetic acid in vinegar production acts as another important growth factor.
In addition, the increasing demand for purified terephthalic acid (PTA) in the packaging and textile industries is also strengthening the global market. Apart from that, the increasing use of acetic acid ester solvents in the paint and coatings sector is having a positive impact on market growth. Furthermore, the rapid development of new and novel separation and purification technologies is expected to boost the global acetic acid market in the coming years.
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The report provides in-depth, comprehensive techno-economic analysis, including:
- market trends
- Important Regions
- Important manufacturers
- price trends
- Mass balance and raw material requirements
- Various types of unit operations are involved
- raw material costs
- operating cost
- labour costs
- packaging costs
- transportation costs
- land and construction costs
- Machine expenses
- profit margins
- product price
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Note: As the novel coronavirus (COVID-19) crisis sweeps the world, we continuously monitor the changes in the markets and industry behavior of consumers worldwide, and prepare our estimates of the latest market trends and forecasts after considering the impact of this pandemic.
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