Future Market Insights (FMI), in an upcoming market research study, brings to fore both macro- and microeconomic factors that will shape the growth curve of the global Acetyls market. The report offers detailed insights on the Acetyls market through an extensive analysis of key growth drivers, latest trends, potential challenges, and revenue growth prospects based on historical data.The key product of acetyls that is expected to contribute the highest to the acetyl market is acetic acid. The market for acetyl is expected to be driven by new applications for which research is already ongoing with a number of universities and medical institutes investing heavily into the research for the same.
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Crucial information and forecast statistics, in terms of value and volume, covered in the Acetyls market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis
The recent outbreak of the COVID-19 has adversely affected various markets in the chemicals & materials industry. The Acetyls market is no different. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential chemicals and raw materials faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Acetyls market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Acetyls market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Acetyls Market: Segmentation
Valuable information covered in the FMI’s Acetyls market report has been segregated into key segments and sub-segments.
Based on product type, the global acetyls market is segmented into the following:
- Acetic Acid
- Acetic Anhydride
- Vinyl Acetate
- Ethylene Acetate
- Other Acetyls
Based on end-user industry, the global acetyls market is segmented into the following:
- Food & Beverages
- Oil & Gas
- Paints, Inks, Waxes & Coatings
- Other End User Industries
Acetyls Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Acetyls market. Competitive information detailed in the Acetyls market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Acetyls market report.
Key players covered in the report include:
- BP p.l.c.,
- Celanese Corporation,
- The Dow Chemical Company,
- Eastman Chemical Company,
- Wacker Chemie AG,
Important Questions Answered in the Acetyls Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Acetyls market been expanding during the forecast period?
- How will the global Acetyls market look like by the end of the forecast period?
- What innovative strategies are adopted by Acetyls market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Acetyls market?
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Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Acetyls market