Acetyls Market Assessment and Key Insights Analyzed Till 2032

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Acetyls Market:  Drivers & Restraints

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.

Acetyls Market: Overview

The acetyl groups of acetic acid, vinyl acetate and acetic anhydride are used as intermediates in a wide range of applications such as solvents to adhesives and water-based paints to cellulose acetate. The other applications of acetyls include pain-relieving pharmaceuticals, modified starches, emulsifiers, liquid crystal polymers and dyestuffs. The global acetyl market is projected to register above average CAGR in terms of value during the forecast period from 2016-2026. The global acetyl market is expected to be dominated by acetic acid product segment.

Acetyls Market: Region wise Overview

Geographically, global Acetyls market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, Middle East and Africa (MEA).Owing to the presence of large number of chemical industries in APEJ and Western Europe, the regions are expected to collectively hold a large share in the global market in terms of value during the forecast period. Also, the presence of several universities collaborations coupled with opportunities in scientific research of acetyls in the North America and Europe is expected to have positive impact on the regional markets. China is a major producer and consumer of acetic acid, and its production capacity is forecast to increase significantly through 2026. China is also the major exporter of acetic acid worldwide. New capacity installations in the MEA countries is expected to propel acetyl market growth in the region.

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Acetyls Market:  Key Players

The key players in global acetyls market are BP p.l.c., Celanese Corporation, The Dow Chemical Company, Eastman Chemical Company, Wacker Chemie AG, LyondellBasell Industries Holdings B.V. to name a few.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, accessories and applications.

The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Brazil, Rest Of Latin America)
• Western Europe (Germany, Italy, France, U.K, Spain, Rest Of Western Europe)
• Eastern Europe (Russia, Rest Of Eastern Europe)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC countries, S. Africa and Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global acetyls market is classified on the basis of product type, end user industry and region.