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on November 18, 2022
The global acetic acid market growth was USD 6.90 billion in 2020. The market is projected to grow from USD 7.29 billion in 2021 to USD 10.54 billion in 2028 at a CAGR of 5.4% during the 2021-2028 period.. The utilization of Vinyl Acetate Monomer (VAM) is powered by the rising demand for paints and coatings across the world, which nurtures the demand and growth of the market.
Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386
The report on the acetic acid market involves:
- Greater insights into the market
- Profound analysis of the segments
- Market drivers and restraints
- Comprehensive information about prominent players
- Dominant regions
- COVID-19 drastic effect on the market
Report Coverage
The market report highlights leading regions across the world to offer a better understanding of the user. Furthermore, the report provides insights into the latest industry trends and analyzes technologies deployed at a rapid pace at the global level. The report examines various paradigm shifts associated with the transformation of software.
It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the human capital management market.
Segmentation
On the basis of application, the market is segregated into Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), ester solvents, acetic anhydride, and others. The vinyl acetate monomer (VAM) segment held a principal share in the market.
Geographically, the global market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Posted in: Business
Topics:
acetic acid market