GBI Research Acetic Acid Global Market To 2020 Sample

Acetic Acid Global Market to 2020
Surge in VAM and PTA Sectors in Asia Pacific to Drive Global Demand
GBI Research Report Guidance
GBI Research Report Guidance

 The first chapter of the report is the executive summary, which gives an overview of the key
findings of the report.
 Chapter three provides an overview of the global acetic acid market, and discusses the challenges
faced by the industry. This chapter consists of global demand forecasts by volume; global demand
share analysis and forecasts by region; global demand share analysis and forecasts by end-use
segment; and an overview of the global competitive landscape.
 Chapter four provides an overview of the Asia-Pacific acetic acid market, which includes sections
on the market drivers and restraints, and industry challenges. It also provides: demand forecasts
by volume, end-use segments and countries, the competitive landscape, price analysis and
forecasts, in addition to exports and imports for the major countries in the region. Finally, the
individual trends of major countries in the Asia-Pacific region are discussed in detail.
 Chapter five provides an overview of the North American acetic acid market, which includes
sections on the market drivers and restraints, and industry challenges. It also provides demand
forecasts by volume, end-use segment and country, as well as details on the competitive
landscape, a price analysis and forecasts, and export and import figures for the major countries in
the region. Finally, the individual trends of the major countries in the North American region are
discussed in detail.
 Chapter six provides an overview of the European acetic acid market, which includes market
drivers and restraints, and industry challenges. It also provides demand forecasts by volume, end-
use segment and country, as well as details on the competitive landscape, a price analysis and
forecasts, and export and import figures for the major countries in the region. Finally, the
individual trends of major countries in the European region are discussed in detail.
 Chapter seven provides an overview of the Middle East and Africa’s acetic acid market, which
includes sections on the market drivers and restraints, and industry challenges. It also provides
demand forecasts by volume, end-use segment and country, as well as details on the competitive
the region. Finally, the individual trends of the major countries in the Middle East and Africa are
discussed in detail.
 Chapter eight provides an overview of the South and Central American acetic acid market, which
includes sections on the market drivers and restraints, and industry challenges. It also provides
demand forecasts by volume, end-use segment and country, as well as details on the competitive
the region. Finally, the individual trends of major countries in the South and Central American
region are discussed in detail.
 Chapter nine is the appendix of the report, which includes explanations of the report’s
methodology and research processes, and important definitions.
© GBI Research. This is a licensed product and is not to be photocopied GBICH0082MR / Published FEB 2013
Page 2
Executive Summary
Executive Summary
Global Acetic Acid Market Expected to Record a CAGR of XX% during the Forecast Period
Global Acetic Acid Market The global demand for acetic acid has been steadily increasing over the last XX years. In 2000, global acetic
Expected to Record CAGR of acid demand stood at XX tons, before increasing to XX tons in 2011. A significant portion of the increase in
XX% during Forecast Period demand for acetic acid was from the Asia-Pacific region and the US, and the same trend is expected to
continue in the forecast period. The US was the second-largest consumer of acetic acid after China in 2011,
and a complete recovery in the US economy will boost the global growth of acetic acid in the future. The
Asia-Pacific region will continue to account for more than XX% of global acetic acid demand in 2020. Global
demand for acetic acid is expected to grow at a Compound Annual Growth Rate (CAGR) of XX% between
2011 and 2020, to reach XX tons in 2020.
Acetic Acid, Global Demand by Volume (Tons), 2000–2020
CAGR:.XX CAGR: XX%

Demand (Million Tons)
2000 2011 2020
Source: GBI Research Chemicals Market Database [Accessed on October 23, 2012]; Eurostat, 2011; UN Comtrade, 2012; APLA, 2012;
APIC, 2012a-g; USITC, 2012; JPCA, 2012; KPIA, 2012; Stat-Can 2011
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Table of Contents
1 Table of Contents
1 Table of Contents................................................................................................................................. 6
1.1 List of Tables............................................................................................................................12
1.2 List of Figures...........................................................................................................................15
2 Introduction........................................................................................................................................18
3 Global Acetic Acid Market ...................................................................................................................19
3.1 Global Acetic Acid Market Overview.........................................................................................19
3.2 Global Acetic Acid Market Drivers ............................................................................................19
3.2.1 Demand Growth from the Asia-Pacific Region to Boost Acetic Acid Demand ......................19
3.2.2 Increasing Consumption from Developing Countries to Drive Demand ...............................19
3.2.3 Rising Capacity Expansion Shows Strong Growth Potential of the Acetic Acid Market .........20
3.2.4 Demand Growth to be Primarily Driven by the End-use Demand from PTA .........................20
3.2.5 Next-generation Technology is Fast Catching up due to Cost Advantages and Increases in
Capacity...........................................................................................................................20
3.3 Global Acetic Acid Market Challenges .......................................................................................21
3.3.1 Volatility of Feedstock and Downstream Derivatives Prices may Affect the Profitability of
Acetic Acid Producers .......................................................................................................21
3.3.2 Slowdown in Western Regions to Impact Industry’s Growth Potential ................................21
3.3.3 Continued Oversupply and Low Profitability a Big Concern for the Sector ...........................21
3.4 Global Acetic Acid Demand and Production Analysis, and Forecast to 2020 ...............................22
3.5 Global Acetic Acid Demand Share Analysis by Region, and Forecast to 2020 ..............................24
3.6 Global Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 .......................26
3.7 Global Acetic Acid Market Competitive Landscape ....................................................................28
4 Asia-Pacific Acetic Acid Market to 2020 ...............................................................................................29
4.1 Asia-Pacific Acetic Acid Market Overview .................................................................................29
4.2 Asia-Pacific Acetic Acid Market Drivers .....................................................................................29
4.2.1 China’s Adhesives and Coatings Sector to Drive the Acetic Acid Demand in the Region .......29
4.2.2 Rising Capacity Additions in China Show the Strong Growth Prospects of Acetic Acid in
Future..............................................................................................................................29
4.2.3 Huge Demand Coming from China, India and Taiwan to Boost Acetic Acid Demand in the
Region .............................................................................................................................29
4.2.4 Low Per Capita Consumption of Acetic Acid from Downstream Sectors Provides Scope for
Demand Growth...............................................................................................................29
4.2.5 Growth in End-use Industries to Drive the Acetic Acid Demand in the Region......................30
4.3 Asia-Pacific Acetic Acid Market Restraints.................................................................................30
4.3.1 The Concentration of Demand in a Few Countries Restricts the Demand Growth in the
Region .............................................................................................................................30
4.3.2 Saturation of Demand in Japan Limits the Acetic Acid Market Growth in the Region ..........30
4.3.3 Consistent Oversupply in China Could Affect Margins of the Producers ..............................30
4.4 Asia-Pacific Acetic Acid Demand and Production Analysis, and Forecast to 2020........................31
4.5 Asia-Pacific Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 ................33
4.6 Asia-Pacific Acetic Acid Demand Share Analysis by Country, and Forecast to 2020 .....................35
4.7 Asia-Pacific Acetic Acid Market Competitive Landscape ............................................................37
4.8 Asia-Pacific Acetic Acid Installed Capacity, 2011–2016 ..............................................................38
4.9 China, Acetic Acid Market to 2020 ............................................................................................45
4.9.1 China, Acetic Acid Market Overview..................................................................................45
4.9.2 China, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ........................45
4.9.3 China, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020.................47
4.9.4 China, Acetic Acid Import and Export Analysis, and Forecast to 2020 .................................49
4.9.5 China, Acetic Acid Price Analysis, and Forecast to 2020 .....................................................51
4.9.6 China, Acetic Acid Market Competitive Landscape .............................................................53
4.10 India, Acetic Acid Market to 2020 .............................................................................................54
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4.10.1 India, Acetic Acid Market Overview...................................................................................54

4.10.2 India, Acetic Acid Demand and Production Analysis, and Forecast to 2020 .........................54
4.10.3 India, Acetic Acid Demand Analysis by End-use, and Forecast to 2020 ................................56
4.10.4 India, Acetic Acid Import and Export Analysis, and Forecast to 2020 ..................................58
4.10.5 India, Acetic Acid Price Analysis, and Forecast to 2020 ......................................................60
4.10.6 India, Acetic Acid Market Competitive Landscape ..............................................................62
4.11 Japan, Acetic Acid Market to 2020............................................................................................63
4.11.1 Japan, Acetic Acid Market Overview .................................................................................63
4.11.2 Japan, Acetic Acid Demand and Production Analysis, and Forecast to 2020........................63
4.11.3 Japan, Acetic Acid Demand Analysis by End-use, and Forecast to 2020 ..............................65
4.11.4 Japan, Acetic Acid Import and Export Analysis, and Forecast to 2020 .................................67
4.11.5 Japan, Acetic Acid Price Analysis, and Forecast to 2020 .....................................................69
4.11.6 Japan, Acetic Acid Market Competitive Landscape ............................................................71
4.12 South Korea, Acetic Acid Market to 2020..................................................................................72
4.12.1 South Korea, Acetic Acid Market Overview ........................................................................72
4.12.2 South Korea, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ..............72
4.12.3 South Korea, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020.......74
4.12.4 South Korea, Acetic Acid Import and Export Analysis, and Forecast to 2020 .......................76
4.12.5 South Korea, Acetic Acid Price Analysis, and Forecast to 2020............................................78
4.12.6 South Korea, Acetic Acid Market Competitive Landscape ...................................................80
4.13 Thailand, Acetic Acid Market to 2020 .......................................................................................81
4.13.1 Thailand, Acetic Acid Market Overview .............................................................................81
4.13.2 Thailand, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ...................81
4.13.3 Thailand, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 ............83
4.13.4 Thailand, Acetic Acid Import and Export Analysis, and Forecast to 2020 .............................85
4.13.5 Thailand, Acetic Acid Price Analysis, and Forecast to 2020 .................................................87
4.13.6 Thailand, Acetic Acid Market Competitive Landscape ........................................................88
4.14 Taiwan, Acetic Acid Market to 2020 .........................................................................................89
4.14.1 Taiwan, Acetic Acid Market Overview ...............................................................................89
4.14.2 Taiwan, Acetic Acid Demand and Production Analysis, and Forecast to 2020 .....................89
4.14.3 Taiwan, Acetic Acid Demand Analysis by End-use, and Forecast to 2020 ............................91
4.14.4 Taiwan, Acetic Acid, Import and Export Analysis and Forecasts to 2020 .............................93
4.14.5 Taiwan, Acetic Acid Price Analysis, and Forecast to 2020 ...................................................95
4.14.6 Taiwan, Acetic Acid Market Competitive Landscape ..........................................................97
4.15 Malaysia, Acetic Acid Market to 2020 .......................................................................................98
4.15.1 Malaysia, Acetic Acid Market Overview ............................................................................98
4.15.2 Malaysia, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ...................98
4.15.3 Malaysia, Acetic Acid Demand Analysis by End-use, and Forecast to 2020 ....................... 100
4.15.4 Malaysia, Acetic Acid Import and Export Analysis, and Forecast to 2020 .......................... 102
4.15.5 Malaysia, Acetic Acid Price Analysis, and Forecast to 2020 .............................................. 104
4.15.6 Malaysia, Acetic Acid Market Competitive Landscape ..................................................... 106
4.16 Singapore, Acetic Acid Market to 2020 ................................................................................... 107
4.16.1 Singapore, Acetic Acid Market Overview ......................................................................... 107
4.16.2 Singapore, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ............... 107
4.16.3 Singapore, Acetic Acid Demand Analysis by End-use and Forecast to 2020 ....................... 109
4.16.4 Singapore, Acetic Acid Import and Export Analysis, and Forecast to 2020......................... 111
4.16.5 Singapore, Acetic Acid Price Analysis and Forecast to 2020.............................................. 113
4.16.6 Singapore, Acetic Acid Market Competitive Landscape .................................................... 114
5 North America Acetic Acid Market..................................................................................................... 115
5.1 North America Acetic Acid Market Overview .......................................................................... 115
5.2 North America Acetic Acid Market Drivers .............................................................................. 115
5.2.1 Economic Recovery of US to Drive Acetic Acid Exports from the Region ............................ 115
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5.2.2 Growth of End-use Industries will Drive the Acetic Acid Demand in the Region ................. 115
5.3 North America Acetic Acid Market Restraints ......................................................................... 115
5.3.1 Mature Market Offers Less Scope for the Growth of Acetic Acid Demand ......................... 115
5.3.2 Lack of Major Planned Capacity Additions Restricts the Industry Growth ......................... 115
5.4 North America, Acetic Acid Demand and Production Analysis, and Forecast to 2020................ 116
5.5 North America, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 ........ 118
5.6 North America, Acetic Acid Demand Share Analysis by Country, and Forecast to 2020............. 120
5.7 North America, Acetic Acid Market Competitive Landscape .................................................... 121
5.8 The US Acetic Acid Market ..................................................................................................... 123
5.8.1 The US, Acetic Acid Market Overview.............................................................................. 123
5.8.2 The US, Acetic Acid Demand and Production Analysis, and Forecast to 2020 .................... 123
5.8.3 The US, Acetic Acid Demand Analysis by End-use, and Forecast to 2020 ........................... 125
5.8.4 The US, Acetic Acid Import and Export Analysis, and Forecast to 2020 ............................. 127
5.8.5 The US, Acetic Acid Price Analysis, and Forecast to 2020.................................................. 129
5.8.6 The US, Acetic Acid Market Competitive Landscape ......................................................... 131
5.9 Canada, Acetic Acid Market.................................................................................................... 132
5.9.1 Canada, Acetic Acid Market Overview............................................................................. 132
5.9.2 Canada, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ................... 132
5.9.3 Canada, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 ........... 134
5.9.4 Canada, Acetic Acid Import and Export Analysis and Forecast to 2020 ............................. 136
5.9.5 Canada, Acetic Acid Price Analysis, and Forecast to 2020 ................................................ 138
5.9.6 Canada, Acetic Acid Market Competitive Landscape........................................................ 139
6 Europe, Acetic Acid Market to 2020................................................................................................... 140
6.1 Europe, Acetic Acid Market Overview..................................................................................... 140
6.2 Europe, Acetic Acid Market Drivers ........................................................................................ 140
6.2.1 Demand from Central and Eastern Europe to Drive Acetic Acid Growth ............................ 140
6.2.2 Growth in End-use Industries to Drive the Acetic Acid Demand in Europe ......................... 140
6.2.3 Russia to Boost Acetic Acid Demand in the Region........................................................... 140
6.3 Europe, Acetic Acid Market Restraints .................................................................................... 141
6.3.1 Europe’s Acetic Acid Exports Face Strong Competition from the US .................................. 141
6.3.2 Saturation of Demand in Western Europe to Affect Acetic Acid Demand Growth .............. 141
6.3.3 Reduction in Acetic Acid Exports to Middle East and Asia-Pacific Regions to Restrict Growth
...................................................................................................................................... 141
6.3.4 Increasing Dependence on Imports Makes the Region Vulnerable to Price Fluctuations .... 141
6.4 Europe, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ........................... 142
6.5 Europe, Acetic Acid Demand Analysis by End-use Sector and Forecast to 2020 ........................ 144
6.6 Europe, Acetic Acid Demand Share Analysis by Countries and Forecast to 2020....................... 146
6.7 Europe, Acetic Acid Market Competitive Landscape................................................................ 147
6.8 Europe, Acetic Acid Installed Capacity, 2011–2016 ................................................................. 148
6.9 Germany, Acetic Acid Market ................................................................................................. 149
6.9.1 Germany, Acetic Acid Market Overview .......................................................................... 149
6.9.2 Germany, Acetic Acid Demand and Production Analysis and Forecast to 2020.................. 149
6.9.3 Germany, Acetic Acid Demand Analysis by End-use Sectors and Forecast to 2020 ............ 151
6.9.4 Germany, Acetic Acid Import and Export Analysis, and Forecast to 2020 .......................... 153
6.9.5 Germany, Acetic Acid Price Analysis, and Forecast to 2020 .............................................. 155
6.9.6 Germany, Acetic Acid Market Competitive Landscape ..................................................... 156
6.10 France, Acetic Acid Market to 2020 ........................................................................................ 157
6.10.1 France, Acetic Acid Market Overview .............................................................................. 157
6.10.2 France, Acetic Acid Demand and Production Analysis, and Forecast to 2020 .................... 157
6.10.3 France, Acetic Acid Demand Analysis by End-use Sectors and Forecast to 2020 ................ 159
6.10.4 France, Acetic Acid Import and Export Analysis, and Forecast to 2020 .............................. 161
6.10.5 France, Acetic Acid Price Analysis, and Forecast to 2020 .................................................. 163
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6.10.6 France, Acetic Acid Market Competitive Landscape ......................................................... 164

6.11 Russia, Acetic Acid Market to 2020 ......................................................................................... 165
6.11.1 Russia, Market Overview ................................................................................................ 165
6.11.2 Russia, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ..................... 165
6.11.3 Russia, Acetic Acid Demand Analysis by End-use Sectors and Forecast to 2020................. 167
6.11.4 Russia, Acetic Acid Import and Export Analysis, and Forecast to 2020 .............................. 169
6.11.5 Russia, Acetic Acid Price Analysis, and Forecast to 2020 .................................................. 171
6.11.6 Russia, Acetic Acid Market Competitive Landscape.......................................................... 172
6.12 Italy, Acetic Acid Market ........................................................................................................ 173
6.12.1 Italy, Acetic Acid Market Overview.................................................................................. 173
6.12.2 Italy, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ........................ 173
6.12.3 Italy, Acetic Acid Demand Analysis by End-use, and Forecast to 2020............................... 175
6.12.4 Italy, Acetic Acid Import and Export Analysis, and Forecast to 2020 ................................. 177
6.12.5 Italy, Acetic Acid Price Analysis, and Forecast to 2020 ..................................................... 179
6.12.6 Italy, Acetic Acid Market Competitive Landscape............................................................. 180
6.13 Belgium Acetic Acid Market.................................................................................................... 181
6.13.1 Belgium, Acetic Acid Market Overview ............................................................................ 181
6.13.2 Belgium, Acetic Acid Demand and Production Analysis, and Forecast to 2020 .................. 181
6.13.3 Belgium, Acetic Acid Demand Analysis by End-use Sectors and Forecast to 2020 .............. 183
6.13.4 Belgium, Import and Export Analysis, and Forecast to 2020 ............................................. 185
6.13.5 Belgium, Acetic Acid Price Analysis and Forecast to 2020................................................. 187
6.13.6 Belgium, Acetic Acid Market Competitive Landscape ....................................................... 188
6.14 Spain, Acetic Acid Market to 2020 .......................................................................................... 189
6.14.1 Spain, Acetic Acid Market Overview ................................................................................ 189
6.14.2 Spain, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ...................... 189
6.14.3 Spain, Acetic Acid Demand Analysis by End-use Sectors, and Forecast to 2020 ................. 191
6.14.4 Spain, Acetic Acid Import and Export Analysis and Forecast to 2020 ................................ 193
6.14.5 Spain, Acetic Acid Price Analysis, and Forecast to 2020.................................................... 195
6.14.6 Spain, Acetic Acid Market Competitive Landscape ........................................................... 196
6.15 Poland, Acetic Acid Market to 2020 ........................................................................................ 197
6.15.1 Poland, Acetic Acid Market Overview.............................................................................. 197
6.15.2 Poland, Acetic Acid Demand and Production Analysis, and Forecast to 2020 .................... 197
6.15.3 Poland, Acetic Acid Demand Analysis by End-use Sector, and Forecast to 2020 ................ 199
6.15.4 Poland, Acetic Acid Import and Export Analysis and Forecast to 2020 .............................. 201
6.15.5 Poland, Acetic Acid Price Analysis, and Forecast to 2020.................................................. 203
6.15.6 Poland, Acetic Acid Market Competitive Landscape ......................................................... 204
7 The Middle East and Africa Acetic Acid Market .................................................................................. 205
7.1 The Middle East and Africa Acetic Acid Market Overview ........................................................ 205
7.2 The Middle East and Africa Acetic Acid Market – Drivers......................................................... 205
7.2.1 Abundance of Low-cost Feedstock will Drive Future Demand in the Region ...................... 205
7.2.2 Growth of Construction Sector to Drive Acetic Acid Demand in the Region ....................... 205
7.2.3 Low Per Capita Consumption Provides Opportunity for Growth in the Region ................... 205
7.3 The Middle East and Africa Acetic Acid Market – Restraints .................................................... 205
7.3.1 Lack of Downstream Processing Industries will Hinder Acetic Acid Demand Growth in the
Region ........................................................................................................................... 205
7.4 The Middle East and Africa, Acetic Acid Demand and Production Analysis, and Forecast to 2020
............................................................................................................................................. 206
7.5 The Middle East and Africa, Acetic Acid Demand Analysis by End-use Segment, and Forecast to
2020 ...................................................................................................................................... 208
7.6 The Middle East and Africa, Acetic Acid Demand Share Analysis by Country and Forecast to 2020
............................................................................................................................................. 210
7.7 The Middle East and Africa, Acetic Acid Market Competitive Landscape .................................. 211
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7.8 The Middle East and Africa, Acetic Acid Installed Capacity, 2011–2016.................................... 212
7.9 Saudi Arabia Acetic Acid Market ............................................................................................. 213
7.9.1 Saudi Arabia Market Overview ....................................................................................... 213
7.9.2 Saudi Arabia, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ........... 213
7.9.3 Saudi Arabia, Acetic Acid Demand Analysis by End-use, and Forecast to 2020 .................. 215
7.9.4 Saudi Arabia, Acetic Acid Import and Export Analysis, and Forecast to 2020..................... 217
7.9.5 Saudi Arabia, Acetic Acid Price Analysis and Forecast to 2020.......................................... 219
7.9.6 Saudi Arabia, Acetic Acid Market Competitive Landscape ................................................ 221
7.10 Iran, Acetic Acid Market ......................................................................................................... 222
7.10.1 Iran, Acetic Acid Market Overview .................................................................................. 222
7.10.2 Iran, Acetic Acid Demand and Production Analysis, and Forecast to 2020......................... 222
7.10.3 Iran, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 ................. 224
7.10.4 Iran, Acetic Acid Import and Export Analysis, and Forecast to 2020 .................................. 226
7.10.5 Iran, Acetic Acid Price Analysis, and Forecast to 2020 ...................................................... 228
7.10.6 Iran, Acetic Acid Market Competitive Landscape ............................................................. 229
8 South and Central America, Acetic Acid Market ................................................................................. 230
8.1 South and Central America Market Overview ......................................................................... 230
8.2 South and Central America, Acetic Acid Market – Drivers ........................................................ 230
8.2.1 Strongly Growing Economies to Drive Growth of Acetic Acid Demand .............................. 230
8.2.2 Increasing Demand from Ethyl Acetate and PTA will Boost Acetic Acid Demand in the Region
...................................................................................................................................... 230
8.2.3 Low Per Capita Consumption of Acetic Acid in the Region Provides Huge Scope for Market
Growth .......................................................................................................................... 230
8.3 South and Central America, Acetic Acid Market – Restraints ................................................... 230
8.3.1 Lack of Adequate Infrastructure and Planned Capacity is Expected to Affect the Industry’s
Growth .......................................................................................................................... 230
8.3.2 Increased Import Dependence Restricts the Domestic Acetic Acid Industry Growth ........... 230
8.4 South and Central America, Acetic Acid Demand and Production Analysis, and Forecast to 2020
............................................................................................................................................. 231
8.5 South and Central America, Acetic Acid Demand Analysis by End-use Segment, and Forecast to
2020 ...................................................................................................................................... 233
8.6 South and Central America, Acetic Acid Demand Share Analysis by Country, and Forecast to 2020
............................................................................................................................................. 235
8.7 South and Central America, Acetic Acid Market Competitive Landscape .................................. 236
8.8 South and Central America, Acetic Acid Installed Capacity, 2011–2016.................................... 237
8.9 Brazil, Acetic Acid Market....................................................................................................... 238
8.9.1 Brazil, Acetic Acid Market Overview................................................................................ 238
8.9.2 Brazil, Acetic Acid Demand and Production Analysis, and Forecast to 2020 ...................... 238
8.9.3 Brazil, Acetic Acid Demand Analysis by End-use Segment and Forecast to 2020................ 240
8.9.4 Brazil, Acetic Acid Import and Export Analysis and Forecast to 2020 ................................ 242
8.9.5 Brazil, Acetic Acid Price Analysis, and Forecast to 2020.................................................... 244
8.9.6 Brazil, Acetic Acid Market Competitive Landscape ........................................................... 246
8.10 Mexico, Acetic Acid Market .................................................................................................... 247
8.10.1 Mexico, Acetic Acid Market Overview ............................................................................. 247
8.10.2 Mexico, Acetic Acid Demand and Production Analysis, and Forecast to 2020.................... 247
8.10.3 Mexico, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 ............ 249
8.10.4 Mexico, Acetic Acid Import and Export Analysis, and Forecast to 2020 ............................. 251
8.10.5 Mexico, Acetic Acid Price Analysis, and Forecast to 2020 ................................................. 253
8.10.6 Mexico, Acetic Acid Market Competitive Landscape ........................................................ 254
8.11 Argentina, Acetic Acid Market ................................................................................................ 255
8.11.1 Argentina, Acetic Acid Market Overview ......................................................................... 255
8.11.2 Argentina, Acetic Acid Demand and Production Analysis and Forecast to 2020 ................ 255
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8.11.3 Argentina, Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020 ........ 257
8.11.4 Argentina, Acetic Acid Import and Export Analysis and Forecast to 2020 .......................... 259
8.11.5 Argentina, Acetic Acid Price Analysis and Forecast to 2020 .............................................. 261
8.11.6 Argentina, Acetic Acid Market Competitive Landscape .................................................... 262
9 Appendix .......................................................................................................................................... 263
9.1 Abbreviations ........................................................................................................................ 263
9.2 Market Definitions ................................................................................................................. 263
9.3 Bibliography .......................................................................................................................... 263
9.4 Methodology ......................................................................................................................... 264
9.4.1 Coverage ....................................................................................................................... 264
9.4.2 Secondary Research ....................................................................................................... 265
9.4.3 Primary Research ........................................................................................................... 265
9.4.4 Expert Panel Validation .................................................................................................. 265
9.5 Contact Us ............................................................................................................................. 266
9.6 Disclaimer.............................................................................................................................. 266
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1.1 List of Tables

Table 1: Acetic Acid, Global, Demand and Production by Volume (Tons), 2000–2020 .............................23
Table 2: Acetic Acid, Global, Demand by Regions (Tons), 2011 and 2020 ...............................................25
Table 3: Acetic Acid, Global, Demand by End-use Segment (Tons), 2000–2020 ......................................27
Table 4: Acetic Acid, Global, Capacity Share (%), 2011...........................................................................28
Table 5: Acetic Acid, Asia-Pacific, Demand and Production by Volume (Tons), 2000–2020 .....................32
Table 6: Acetic Acid, Asia-Pacific, Demand by End-use Segment (Tons), 2000–2020 ...............................34
Table 7: Acetic Acid, Asia-Pacific, Demand by Countries, (Tons), 2011 and 2020 ....................................36
Table 8: Acetic Acid, Asia-Pacific, Capacity Share (%), 2011 ...................................................................37
Table 9: Acetic Acid, Installed Capacity, North America, Million (Tons), 2011–2016 ...............................38
Table 10: Acetic Acid, China, Demand and Production by Volume (Tons), 2000–2020 ..............................46
Table 11: Acetic Acid, China, Demand by End-use Segment (Tons), 2000–2020........................................48
Table 12: Acetic Acid, China, Import and Export by Volume (Tons), 2000–2020 .......................................50
Table 13: Acetic Acid, China, Average Price ($/Ton) 2000–2020...............................................................52
Table 14: Acetic Acid, China, Capacity Share (%), 2011 ............................................................................53
Table 15: Acetic Acid, India, Demand and Production by Volume (Tons), 2000–2020 ...............................55
Table 16: Acetic Acid, India, Demand by End-use Segment (Tons), 2000–2020.........................................57
Table 17: Acetic Acid, India, Import and Export by Volume (Tons), 2000–2020 ........................................59
Table 18: Acetic Acid, India, Average Price ($/Ton), 2000–2020...............................................................61
Table 19: Acetic Acid, India, Capacity Share (%), 2011 .............................................................................62
Table 20: Acetic Acid, Japan, Demand and Production by Volume (Tons), 2000–2020 ..............................64
Table 21: Acetic Acid, Japan, Demand by End-use Segments, (Tons), 2000–2020 .....................................66
Table 22: Acetic Acid, Japan, Import and Export by Volume (Tons), 2000–2020 .......................................68
Table 23: Acetic Acid, Japan, Average Price ($/Ton), 2000–2020..............................................................70
Table 24: Acetic Acid, Japan, Capacity Share (%), 2011 ............................................................................71
Table 25: Acetic Acid, South Korea, Demand and Production by Volume (Tons), 2000–2020 ....................73
Table 26: Acetic Acid, Korea, Demand by End-use Segment (Tons), 2000–2020 .......................................75
Table 27: Acetic Acid, South Korea, Import and Export by Volume (Tons), 2000–2020 .............................77
Table 28: Acetic Acid, South Korea, Average Price ($/Ton), 2000–2020....................................................79
Table 29: Acetic Acid, South Korea, Capacity Share (%), 2011 ..................................................................80
Table 30: Acetic Acid, Thailand, Demand and Production by Volume (Tons), 2000–2020..........................82
Table 31: Acetic Acid, Thailand, Demand by End-use Segments (Tons), 2000–2020 ..................................84
Table 32: Acetic Acid, Thailand, Import and Export by Volume (Tons), 2000–2020 ...................................86
Table 33: Acetic Acid, Thailand, Average Price ($/Ton), 2000–2020 .........................................................88
Table 34: Acetic Acid, Taiwan, Demand and Production by Volume (Tons), 2000–2020 ............................90
Table 35: Acetic Acid, Taiwan, Demand by End-use Segment (Tons), 2000–2020 .....................................92
Table 36: Acetic Acid, Taiwan, Import and Export by Volume (Tons), 2000–2020 .....................................94
Table 37: Acetic Acid, Average Price, Taiwan ($/Ton), 2000–2020 ...........................................................96
Table 38: Acetic Acid, Taiwan, Capacity Share (%), 2011..........................................................................97
Table 39: Acetic Acid, Malaysia, Demand and Production by Volume (Tons), 2000–2020 .........................99
Table 40: Acetic Acid, Malaysia, Demand by End-use Segment (Tons), 2000–2020 ................................. 101
Table 41: Acetic Acid, Malaysia, Import and Export by Volume (Tons), 2000–2020................................. 103
Table 42: Acetic Acid, Average Price, Malaysia ($/Ton), 2000–2020....................................................... 105
Table 43: Acetic Acid, Malaysia, Capacity Share (%), 2011 ..................................................................... 106
Table 44: Acetic Acid, Singapore, Demand and Production by Volume (Tons), 2000–2020 ..................... 108
Table 45: Acetic Acid, Singapore, Demand by End-use Segment (Tons), 2000–2020 ............................... 110
Table 46: Acetic Acid, Singapore, Import and Export by Volume (Tons), 2000–2020 ............................... 112
Table 47: Acetic Acid, Average Price, Singapore ($/Ton), 2000–2020 ..................................................... 114
Table 48: Acetic Acid, North America, Demand and Production by Volume (Tons), 2000–2020 .............. 117
Table 49: Acetic Acid, North America, Demand by End-use Segment (Tons), 2000–2020 ........................ 119
Table 50: Acetic Acid, North America, Demand by Countries, (Tons), 2011 and 2020 ............................. 120
Table 51: Acetic Acid, North America, Capacity Share (%), 2011 ............................................................ 121
Table 52: Acetic Acid, Installed Capacity, North America (Tons), 2011–2016 .......................................... 122
Table 53: Acetic Acid, the US, Demand and Production by Volume (Tons), 2000–2020........................... 124
Table 54: Acetic Acid, The US, Demand by End-use Segment (Tons), 2000–2020.................................... 126
Table 55: Acetic Acid, the US, Import and Export by Volume (Tons), 2000–2020 .................................... 128
Table 56: Acetic Acid, the US, Average Price ($/Ton), 2000–2020 .......................................................... 130
Table 57: Acetic Acid, the US, Capacity Share (%), 2011......................................................................... 131
Page 12
Table of Contents
Table 58: Acetic Acid, Canada, Demand and Production by Volume (Tons), 2000–2020 ......................... 133
Table 59: Acetic Acid, Canada, Demand by End-use Segment (Tons), 2000–2020 ................................... 135
Table 60: Acetic Acid, Canada, Import and Export by Volume (Tons), 2000–2020................................... 137
Table 61: Acetic Acid, Canada, Average Price ($/Ton), 2000–2020 ......................................................... 139
Table 62: Acetic Acid, Europe, Demand and Production by Volume (Tons), 2000–2020 .......................... 143
Table 63: Acetic Acid, Europe, Demand by End-use Sectors (Tons), 2000–2020...................................... 145
Table 64: Acetic Acid, Europe, Demand by Countries (Tons), 2011 and 2020.......................................... 146
Table 65: Acetic Acid, Europe, Capacity Share, (%), 2011....................................................................... 147
Table 66: Acetic Acid, Installed Capacity, Europe (Tons), 2011–2016 ..................................................... 148
Table 67: Acetic Acid, Germany, Demand and Production by Volume (Tons), 2000–2020....................... 150
Table 68: Acetic Acid, Germany, Demand by End-use Sectors (Tons), 2000–2020................................... 152
Table 69: Acetic Acid, Germany, Import and Export by Volume (Tons), 2000–2020 ................................ 154
Table 70: Acetic Acid, Germany, Average Price ($/Ton), 2000–2020 ...................................................... 156
Table 71: Acetic Acid, France, Demand and Production by Volume (Tons), 2000–2020 .......................... 158
Table 72: Acetic Acid, France, Demand by End-use Sectors (Tons), 2000–2020 ...................................... 160
Table 73: Acetic Acid, France, Import and Export by Volume (Tons), 2000–2020 .................................... 162
Table 74: Acetic Acid, France, Average Price ($/Ton), 2000–2020 .......................................................... 164
Table 75: Acetic Acid, Russia, Demand and Production by Volume (Tons), 2000–2020 ........................... 166
Table 76: Acetic Acid, Russia, Demand by End-use Sectors (Tons), 2000–2020 ....................................... 168
Table 77: Acetic Acid, Russia, Import and Export by Volume (Tons), 2000–2020 .................................... 170
Table 78: Acetic Acid, Russia, Average Price ($/Ton), 2000–2020........................................................... 172
Table 79: Acetic Acid, Italy, Demand and Production by Volume (Tons), 2000–2020 .............................. 174
Table 80: Acetic Acid, Italy, Demand by End-use Sectors (Tons), 2000–2020 .......................................... 176
Table 81: Acetic Acid, Italy, Import and Export by Volume (Tons), 2000–2020 ....................................... 178
Table 82: Acetic Acid, Italy, Average Price ($/Ton), 2000–2020.............................................................. 180
Table 83: Acetic Acid, Belgium, Demand and Production by Volume (Tons), 2000–2020 ........................ 182
Table 84: Acetic Acid, Belgium, Demand by End-use Sectors (Tons), 2000–2020 .................................... 184
Table 85: Acetic Acid, Belgium, Import and Export by Volume (Tons), 2000–2020.................................. 186
Table 86: Acetic Acid, Belgium, Average Price ($/Ton), 2000–2020 ........................................................ 188
Table 87: Acetic Acid, Spain, Demand and Production by Volume (Tons), 2000–2020 ............................ 190
Table 88: Acetic Acid, Spain, Demand by End-use Sector (Tons), 2000–2020.......................................... 192
Table 89: Acetic Acid, Spain, Import and Export by Volume (Tons), 2000–2020...................................... 194
Table 90: Acetic Acid, Spain, Average Price ($/Ton), 2000–2020 ............................................................ 196
Table 91: Acetic Acid, Poland, Demand and Production by Volume (Tons), 2000–2020 .......................... 198
Table 92: Acetic Acid, Poland, Demand by End-use Sectors (Tons), 2000–2020 ...................................... 200
Table 93: Acetic Acid, Poland, Import and Export by Volume (Tons), 2000–2020 ................................... 202
Table 94: Acetic Acid, Poland, Average Price ($/Ton), 2000–2020.......................................................... 204
Table 95: Acetic Acid, the Middle East and Africa, Demand and Production by Volume (Tons), 2000–2020
............................................................................................................................................. 207
Table 96: Acetic Acid, the Middle East and Africa, Demand by End-use Segment (Tons), 2000–2020 ...... 209
Table 97: Acetic Acid, the Middle East and Africa, Demand by Countries (Tons), 2011 and 2020 ............ 210
Table 98: Acetic Acid, the Middle East and Africa, Capacity Share (%), 2011 .......................................... 211
Table 99: Acetic Acid, Installed Capacity, the Middle East and Africa (Tons), 2011–2016 ........................ 212
Table 100: Acetic Acid, Saudi Arabia, Demand and Production by Volume (Tons), 2000–2020.................. 214
Table 101: Acetic Acid, Saudi Arabia, Demand by End-use Segment (Tons), 2000–2020 ........................... 216
Table 102: Acetic Acid, Saudi Arabia, Import and Export by Volume (Tons), 2000–2020 ........................... 218
Table 103: Acetic Acid, Saudi Arabia, Average Price ($/Ton), 2000–2020 ................................................. 220
Table 104: Acetic Acid, Saudi Arabia, Capacity Share (%), 2011................................................................ 221
Table 105: Acetic Acid, Iran, Demand and Production by Volume (Tons), 2000–2020............................... 223
Table 106: Acetic Acid, Iran, Demand by End-use Segment (Tons), 2000–2020 ........................................ 225
Table 107: Acetic Acid, Iran, Import and Export by Volume (Tons), 2000–2020 ........................................ 227
Table 108: Acetic Acid, Iran, Average Price ($/Ton), 2000–2020 .............................................................. 229
Table 109: Acetic Acid, South and Central America, Demand and Production by Volume (Tons), 2000–2020
............................................................................................................................................. 232
Table 110: Acetic Acid, South and Central America, Demand by End-use Segment (Tons), 2000–2020 ..... 234
Table 111: Acetic Acid, South and Central America, Demand by Countries (Tons), 2011 and 2020............ 235
Table 112: Acetic Acid, South and Central America, Capacity Share (%), 2011.......................................... 236
Table 113: Acetic Acid, Installed Capacity, South and Central America (Tons), 2011–2016 ....................... 237
Table 114: Acetic Acid, Brazil, Demand and Production by Volume (Tons), 2000–2020 ............................ 239
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Table of Contents
Table 115: Acetic Acid, Brazil, Demand by End-use Segment (Tons), 2000–2020 ...................................... 241
Table 116: Acetic Acid, Brazil, Import and Export by Volume (Tons), 2000–2020...................................... 243
Table 117: Acetic Acid, Brazil, Average Price ($/Ton), 2000–2020 ............................................................ 245
Table 118: Acetic Acid, Brazil, Capacity Share (%), 2011 .......................................................................... 246
Table 119: Acetic Acid, Mexico, Demand and Production by Volume (Tons), 2000–2020.......................... 248
Table 120: Acetic Acid, Mexico, Demand by End-use Segment (Tons), 2000–2020 ................................... 250
Table 121: Acetic Acid, Mexico, Import and Export by Volume (Tons), 2000–2020 ................................... 252
Table 122: Acetic Acid, Mexico, Average Price ($/Ton), 2000–2020 ......................................................... 254
Table 123: Acetic Acid, Argentina, Demand and Production by Volume (Tons), 2000–2020 ...................... 256
Table 124: Acetic Acid, Argentina, Demand by End-use Segment (Tons), 2000–2020 ............................... 258
Table 125: Acetic Acid, Argentina, Import and Export by Volume (Tons), 2000–2020 ............................... 260
Table 126: Acetic Acid, Argentina, Average Price ($/Ton), 2000–2020 ..................................................... 262
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Table of Contents
1.2 List of Figures

Figure 1: Acetic Acid Structure ...............................................................................................................18
Figure 2: Acetic Acid, Global, Demand and Production by Volume (Tons), 2000–2020 .............................22
Figure 3: Acetic Acid, Global, Demand by Region (%), 2011 and 2020 .....................................................24
Figure 4: Acetic Acid, Global, Demand by End-use Segment (Tons), 2000–2020 ......................................26
Figure 5: Acetic Acid, Global, Capacity Share (%), 2011...........................................................................28
Figure 6: Acetic Acid, Asia-Pacific, Demand and Production by Volume (Tons), 2000–2020 .....................31
Figure 7: Acetic Acid, Asia-Pacific, Demand by End-use Segment (Tons), 2000–2020 ...............................33
Figure 8: Acetic Acid, Asia-Pacific, Demand by Countries (%), 2011 and 2020 ..........................................35
Figure 9: Acetic Acid, Asia-Pacific, Capacity Share (%), 2011 ...................................................................37
Figure 10: Acetic Acid, China, Demand and Production by Volume (Tons), 2000–2020 ..............................45
Figure 11: Acetic Acid, China, Demand by End-use Segment (Tons), 2000–2020........................................47
Figure 12: Acetic Acid, China, Import and Export by Volume (Tons), 2000–2020 .......................................49
Figure 13: Acetic Acid, China, Average Price ($/Ton), 2000–2020..............................................................51
Figure 14: Acetic Acid, China, Capacity Share (%), 2011 ............................................................................53
Figure 15: Acetic Acid, India, Demand and Production by Volume (Tons), 2000–2020 ...............................54
Figure 16: Acetic Acid, India, Demand by End-use Segments (Tons), 2000–2020 .......................................56
Figure 17: Acetic Acid, India, Import and Export by Volume (Tons), 2000–2020 ........................................58
Figure 18: Acetic Acid, India, Average Price ($/Ton), 2000–2020...............................................................60
Figure 19: Acetic Acid, India, Capacity Share (%), 2011 .............................................................................62
Figure 20: Acetic Acid, Japan, Demand and Production by Volume (Tons), 2000–2020 ..............................63
Figure 21: Acetic Acid, Japan, Demand by End-use Segments (Tons), 2000–2020 ......................................65
Figure 22: Acetic Acid, Japan, Import and Export by Volume (Tons), 2000–2020 .......................................67
Figure 23: Acetic Acid, Japan, Average Price ($/Ton), 2000–2020..............................................................69
Figure 24: Acetic Acid, Japan, Capacity Share (%), 2011 ............................................................................71
Figure 25: Acetic Acid, South Korea, Demand and Production by Volume (Tons), 2000–2020 ....................72
Figure 26: Acetic Acid, South Korea, Demand by End-use Segment (Tons), 2000–2020..............................74
Figure 27: Acetic Acid, South Korea, Import and Export by Volume (Tons), 2000–2020 .............................76
Figure 28: Acetic Acid, South Korea, Average Price ($/Ton), 2000–2020....................................................78
Figure 29: Acetic Acid, South Korea, Capacity Share (%), 2011 ..................................................................80
Figure 30: Acetic Acid, Thailand, Demand and Production by Volume (Tons), 2000–2020..........................81
Figure 31: Acetic Acid, Thailand, Demand by End-use Segment (Tons), 2000–2020 ...................................83
Figure 32: Acetic Acid, Thailand, Import and Export by Volume (Tons), 2000–2020 ...................................85
Figure 33: Acetic Acid, Thailand, Average Price ($/Ton), 2000–2020 .........................................................87
Figure 34: Acetic Acid, Taiwan, Demand and Production by Volume (Tons), 2000–2020 ............................89
Figure 35: Acetic Acid, Taiwan, Demand by End-use Segment (Tons), 2000–2020 .....................................91
Figure 36: Acetic Acid, Taiwan, Import and Export by Volume (Tons), 2000–2020 .....................................93
Figure 37: Acetic Acid, Taiwan, Average Price ($/Ton), 2000–2020 ...........................................................95
Figure 38: Acetic Acid, Taiwan, Capacity Share (%), 2011..........................................................................97
Figure 39: Acetic Acid, Malaysia, Demand and Production by Volume (Tons), 2000–2020 .........................98
Figure 40: Acetic Acid, Malaysia, Demand by End-use Segment (Tons), 2000–2020 ................................. 100
Figure 41: Acetic Acid, Malaysia, Import and Export by Volume (Tons), 2000–2020................................. 102
Figure 42: Acetic Acid, Malaysia, Average Price ($/Ton), 2000–2020....................................................... 104
Figure 43: Acetic Acid, Malaysia, Capacity Share (%), 2011 ..................................................................... 106
Figure 44: Acetic Acid, Singapore, Demand and Production by Volume (Tons), 2000–2020 ..................... 107
Figure 45: Acetic Acid, Singapore, Demand by End-use Segment (Tons), 2000–2020 ............................... 109
Figure 46: Acetic Acid, Singapore, Import and Export by Volume (Tons), 2000–2020 ............................... 111
Figure 47: Acetic Acid, Singapore, Average Price ($/Ton), 2000–2020 ..................................................... 113
Figure 48: Acetic Acid, North America, Demand and Production by Volume (Tons), 2000–2020 .............. 116
Figure 49: Acetic Acid, North America, Demand by End-use Segment (Tons), 2000–2020 ........................ 118
Figure 50: Acetic Acid, North America, Demand by Countries (%), 2011 and 2020 ................................... 120
Figure 51: Acetic Acid, North America, Capacity Share (%), 2011 ............................................................ 121
Figure 52: Acetic Acid, the US, Demand and Production by Volume (Tons), 2000–2020........................... 123
Figure 53: Acetic Acid, the US, Demand by End-use Segment (Tons), 2000–2020 .................................... 125
Figure 54: Acetic Acid, the US, Import and Export by Volume (Tons), 2000–2020 .................................... 127
Figure 55: Acetic Acid, the US, Average Price ($/Ton), 2000–2020 .......................................................... 129
Figure 56: Acetic Acid, the US, Capacity Share (%), 2011......................................................................... 131
Figure 57: Acetic Acid, Canada, Demand and Production by Volume (Tons), 2000–2020 ......................... 132
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Figure 58: Acetic Acid, Canada, Demand by End-use Segment (Tons), 2000–2020 ................................... 134
Figure 59: Acetic Acid, Canada, Import and Export by Volume (Tons), 2000–2020................................... 136
Figure 60: Acetic Acid, Canada, Average Price ($/Ton), 2000–2020 ......................................................... 138
Figure 61: Acetic Acid, Europe, Demand and Production by Volume (Tons), 2000–2020 .......................... 142
Figure 62: Acetic Acid, Europe, Demand by End-use Sectors (Tons), 2000–2020...................................... 144
Figure 63: Acetic Acid, Europe, Demand by Country (%), 2011 and 2020................................................. 146
Figure 64: Acetic Acid, Europe, Capacity Share (%), 2011........................................................................ 147
Figure 65: Acetic Acid, Germany, Demand and Production by Volume (Tons), 2000–2020....................... 149
Figure 66: Acetic Acid, Germany, Demand by End-use Sectors (Tons), 2000–2020................................... 151
Figure 67: Acetic Acid, Germany, Import and Export by Volume (Tons), 2000–2020 ................................ 153
Figure 68: Acetic Acid, Germany, Average Price ($/Ton), 2000–2020 ...................................................... 155
Figure 69: Acetic Acid, France, Demand and Production by Volume (Tons), 2000–2020 .......................... 157
Figure 70: Acetic Acid, France, Demand by End-use Sectors (Tons), 2000–2020 ...................................... 159
Figure 71: Acetic Acid, France, Import and Export by Volume (Tons), 2000–2020 .................................... 161
Figure 72: Acetic Acid, France, Average Price ($/Ton), 2000–2020 .......................................................... 163
Figure 73: Acetic Acid, Russia, Demand and Production by Volume (Tons), 2000–2020 ........................... 165
Figure 74: Acetic Acid, Russia, Demand by End-use Sectors (Tons), 2000–2020 ....................................... 167
Figure 75: Acetic Acid, Russia, Import and Export by Volume (Tons), 2000–2020 .................................... 169
Figure 76: Acetic Acid, Russia, Average Price ($/Ton), 2000–2020........................................................... 171
Figure 77: Acetic Acid, Italy, Demand and Production by Volume (Tons), 2000–2020 .............................. 173
Figure 78: Acetic Acid, Italy, Demand by End-use Sectors (Tons), 2000–2020 .......................................... 175
Figure 79: Acetic Acid, Italy, Import and Export by Volume (Tons), 2000–2020 ....................................... 177
Figure 80: Acetic Acid, Italy, Average Price, ($/Ton), 2000–2020............................................................. 179
Figure 81: Acetic Acid, Belgium, Demand and Production by Volume (Tons), 2000–2020 ........................ 181
Figure 82: Acetic Acid, Belgium, Demand by End-use Sectors (Tons), 2000–2020 .................................... 183
Figure 83: Acetic Acid, Belgium, Import and Export by Volume (Tons), 2000–2020.................................. 185
Figure 84: Acetic Acid, Average Price, Belgium ($/Ton), 2000–2020 ........................................................ 187
Figure 85: Acetic Acid, Spain, Demand and Production by Volume (Tons), 2000–2020 ............................ 189
Figure 86: Acetic Acid, Spain, Demand by End-use Sectors (Tons), 2000–2020 ........................................ 191
Figure 87: Acetic Acid, Spain, Import and Export by Volume (Tons), 2000–2020...................................... 193
Figure 88: Acetic Acid, Spain, Average Price ($/Ton), 2000–2020 ............................................................ 195
Figure 89: Acetic Acid, Poland, Demand and Production by Volume (Tons), 2000–2020 .......................... 197
Figure 90: Acetic Acid, Poland, Demand by End-use Sectors (Tons), 2000–2020 ...................................... 199
Figure 91: Acetic Acid, Poland, Import and Export by Volume (Tons), 2000–2020 ................................... 201
Figure 92: Acetic Acid, Poland, Average Price ($/Ton), 2000–2020.......................................................... 203
Figure 93: Acetic Acid, the Middle East and Africa, Demand and Production by Volume (Tons), 2000–2020
............................................................................................................................................. 206
Figure 94: Acetic Acid, the Middle East and Africa, Demand by End-use Segment (Tons), 2000–2020 ...... 208
Figure 95: Acetic Acid, the Middle East and Africa, Demand by Countries (%), 2011 and 2020 ................. 210
Figure 96: Acetic Acid, the Middle East and Africa, Capacity Share (%), 2011 .......................................... 211
Figure 97: Acetic Acid, Saudi Arabia, Demand and Production by Volume (Tons), 2000–2020.................. 213
Figure 98: Acetic Acid, Saudi Arabia, Demand by End-use Segment (Tons), 2000–2020 ........................... 215
Figure 99: Acetic Acid, Saudi Arabia, Import and Export by Volume (Tons), 2000–2020 ........................... 217
Figure 100: Acetic Acid, Saudi Arabia, Average Price ($/Ton), 2000–2020 ................................................. 219
Figure 101: Acetic Acid, Saudi Arabia, Capacity Share (%), 2011................................................................ 221
Figure 102: Acetic Acid, Iran, Demand and Production by Volume (Tons), 2000–2020............................... 222
Figure 103: Acetic Acid, Iran, Demand by End-use Segment (Tons), 2000–2020 ........................................ 224
Figure 104: Acetic Acid, Iran, Import and Export by Volume (Tons), 2000–2020 ........................................ 226
Figure 105: Acetic Acid, Iran, Average Price ($/Ton), 2000–2020 .............................................................. 228
Figure 106: Acetic Acid, South and Central America, Demand and Production by Volume (Tons), 2000–2020
............................................................................................................................................. 231
Figure 107: Acetic Acid, South and Central America, Demand by End-use Segment (Tons), 2000–2020 ..... 233
Figure 108: Acetic Acid, South and Central America, Demand by Countries (%), 2011 and 2020 ................ 235
Figure 109: Acetic Acid, South and Central America, Capacity Share (%), 2011.......................................... 236
Figure 110: Acetic Acid, Brazil, Demand and Production by Volume (Tons), 2000–2020 ............................ 238
Figure 111: Acetic Acid, Brazil, Demand by End-use Segment (Tons), 2000–2020 ...................................... 240
Figure 112: Acetic Acid, Brazil, Import and Export by Volume (Tons), 2000–2020...................................... 242
Figure 113: Acetic Acid, Brazil, Average Price ($/Ton), 2000–2020 ............................................................ 244
Figure 114: Acetic Acid, Brazil, Capacity Share (%), 2011 .......................................................................... 246
Page 16
Table of Contents
Figure 115: Acetic Acid, Mexico, Demand and Production by Volume (Tons), 2000–2020.......................... 247
Figure 116: Acetic Acid, Mexico, Demand by End-use Segment (Tons), 2000–2020 ................................... 249
Figure 117: Acetic Acid, Mexico, Import and Export by Volume (Tons), 2000–2020 ................................... 251
Figure 118: Acetic Acid, Mexico, Average Price ($/Ton), 2000–2020 ......................................................... 253
Figure 119: Acetic Acid, Argentina, Demand and Production by Volume (Tons), 2000–2020 ...................... 255
Figure 120: Acetic Acid, Argentina, Demand by End-use Segment (Tons), 2000–2020 ............................... 257
Figure 121: Acetic Acid, Argentina, Import and Export by Volume (Tons), 2000–2020 ............................... 259
Figure 122: Acetic Acid, Argentina, Average Price ($/Ton), 2000–2020 ..................................................... 261
Page 17
Introduction
2 Introduction
Acetic acid is an organic compound with the chemical formula CH3CO2H. It is a colorless liquid with a strong
vinegar-like odor. Its derivatives are used extensively in industries like textiles, adhesives, food processing,
dyes, plastics, food additives and insecticides. Other names of acetic acid include ethanioc acid, glacial
acetic acid and ethylic acid. Acetic acid is produced industrially both synthetically and by bacterial
fermentation. About XX% of acetic acid made for use in the chemical industry is made through the
carbonylation of methanol; in the biological method, acetic acid is produced through the fermentation of
ethanol by acetic acid bacteria.
Figure 1: Acetic Acid Structure
Source: GBI Research
Acetic acid is one of the most important industrial chemicals worldwide, and is a key raw material for the
production of Vinyl Acetate Monomer (VAM), acetic anhydride and acetate esters like ethyl acetate (used to
manufacture coatings, adhesives, inks and cosmetics); n-butyl acetate (used primarily coatings, printing
inks, adhesives and cosmetics) and iso-propyl acetate (used in printing inks and coatings).
Acetic acid is also used in the production of Purified Teraphthalic Acid (PTA), which in turn is used to
manufacture Polyethylene Terephthalate (PET). PET finds applications in the packaging, photographic film
and magnetic tape sectors, for polyester fibers and in bottles for water and soft drinks.
Page 18
Global Acetic Acid Market
3.6 Global Acetic Acid Demand Analysis by End-use Segment, and Forecast to 2020
VAM sector, with XX tons The VAM sector was the leading global end-use market for acetic acid in 2011, with XX tons of demand.
demand was the leading VAM was followed by the PTA sector, with a demand for XX tons in 2011.
end-use market for acetic
The ethyl acetate and acetic anhydride end-use segments had demand for XX tons and XX tons respectively
acid globally in 2011
of acetic acid in 2011. Other end-use sectors accounted for XX tons of global end-use demand for acetic acid
in 2011.
The global acetic acid demand from the VAM segment increased with a CAGR of XX% between 2000 and
2011. The demand growth for acetic acid from the ethyl acetate segment was higher than other major end-
use sectors, such as PTA and acetic anhydride, over the last decade.
The following chart shows the global acetic acid demand share by major end-use sectors for 2000–2020.
Figure 4: Demand by End Use (Tons) Acetic Acid, Global, Demand by End-use Segment (Tons), 2000–2020
2011
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2012
2013
2014
2015
2016
2017
2018
2019
2020
VAM PTA Ethyl Acetate Acetic Anhydride Others
Source: GBI Research Chemicals Market Database [Accessed on October 23, 2012]; Eurostat, 2011; UN Comtrade, 2012; APLA, 2012;
APIC, 2012; USITC, 2012; JPCA, 2012; KPIA, 2012; Stat-Can 2011
With XX tons of demand, the VAM segment is expected to be the leading global end-use market for acetic
acid in 2020. VAM will be followed by PTA, with demand for XX tons in 2020.
The ethyl acetate and acetic anhydride end-use segments will account for XX tons and XX tons of demand
for acetic acid, respectively, in 2020. Other end-use sectors will account for XX tons of global end-use
demand for acetic acid in 2020.
The demand growth of acetic acid from the PTA segment is expected to be higher than all the major end-
use sectors. However, the VAM segment will continue to be the leading end-use segment in terms of
volume over the coming decade.
Page 26
The following table provides global end-use statistics for acetic acid from 2000 to 2011, with projected
statistics for the period up to 2020.
Table 3: Acetic Acid, Global, Demand by End-use Segment (Tons), 2000–2020

Year VAM (Tons) PTA (Tons) Ethyl Acetate (Tons) Acetic Anhydride (Tons) Others (Tons)
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
CAGR (2000–2011)
CAGR (2011–2020)
Source: GBI Research Chemicals Market Database [Accessed on October 23, 2012]; Eurostat, 2011; UN Comtrade, 2012; APLA, 2012; APIC,
2012; USITC, 2012; JPCA, 2012; KPIA, 2012; Stat-Can, 2011
Page 27
3.7 Global Acetic Acid Market Competitive Landscape

In 2011, global acetic acid production stood at XX tons. The company with the largest single share in global
The company with the acetic acid capacity was Celanese Corporation, with a share of XX% by volume. BP p.l.c was the second-
largest global acetic acid largest in terms of global capacity share, with a XX% share by volume.
capacity share was Celanese
Corporation in 2011 Jiangsu SOPO Chemical Co. and Eastman Chemical Company were in third and fourth position, with capacity
shares of XX% and XX%, respectively.
Shanghai Wujing Chemical Company Ltd had a capacity share of XX% in the global acetic acid market, with
the remaining XX% capacity share owned by other companies.
The following chart shows the global capacity share by volume for companies in the acetic acid market in
2011.
Figure 5: Acetic Acid, Global, Capacity Share (%), 2011
Celanese Corporation
Others
BP p.l.c.
Jiangsu SOPO
Chemical Co., Ltd.
Eastman Chemical
Shanghai Wujing Company
Chemical Company Ltd.
Source: GBI Research Chemicals Capacity Database [Accessed on October 23, 2012]
The following table provides the global acetic acid demand share statistics for the major countries in the
global market in 2011.
Table 4: Acetic Acid, Global, Capacity Share (%), 2011

Company Name Capacity Share (%)
Celanese Corporation
BP p.l.c.
Jiangsu SOPO Chemical Co., Ltd.
Eastman Chemical Company
Shanghai Wujing Chemical Company Ltd.
Others
Total
Source: GBI Research Chemicals Capacity Database [Accessed on October 23, 2012]
Page 28
Appendix
9 Appendix
9.1 Abbreviations
BRIC: Brazil, Russia, India and China
PTA: Purified Terephthalic Acid
APIC: Asia-Pacific Petrochemical Industry Conference
APLA: Asociación Petroquimica y Química Latinoamericana
CAGR: Compound Annual Growth Rate
GPCA: Gulf Petrochemical Association
JPCA: Japan Petrochemical Industry Association
KPIA: Korea Petrochemical Industry Association
MMtpa: Million Metric Tons per Annum
PET Polyethylene Terephthalate
Stat-Can: Statistics Canada
UNComtrade United Nations Commodity Trade
USITC United States International Trade Commission
VAM: Vinyl Acetate Monomer
9.2 Market Definitions

Asia-Pacific in the report refers to China, Japan, India, South Korea, Taiwan, Thailand, Singapore and
Malaysia.
North America refers to the US and Canada.
Europe refers to Germany, France, Italy, Russia, Spain, Poland and Belgium.
South and Central America refers to Mexico, Brazil and Argentina.
The Middle East and Africa refers to Saudi Arabia and Iran.
9.3 Bibliography
 APIC, 2011a. Indian Petrochemical Industry Data [database]. The Asia Petrochemical Industry
Conference. Available from: http://www.apic-online.org/countrydata_India.htm. [Accessed on
October 23, 2012].
 APIC, 2011b. Japanese Petrochemical Industry Data [database]. The Asia Petrochemical Industry
Conference. Available from: http://www.apic-online.org/countrydata_japan.htm. [Accessed on
October 23, 2012].
 APIC, 2011f. Malaysia Petrochemical Industry Data [database]. The Asia Petrochemical Industry
Conference. Available from: http://www.apic-online.org/countrydata_Malaysia.htm. [Accessed on
October 23, 2012].
 APIC, 2011g. Singapore Petrochemical Industry Data [database]. The Asia Petrochemical Industry
Conference. Available from: http://www.apic-online.org/countrydata_Singapore.htm. [Accessed
on October 23, 2012].
 APIC, 2011c. South Korea Petrochemical Industry Data [database]. The Asia Petrochemical
Industry Conference. Available from: http://www.apic-online.org/countrydata_Korea.htm.
[Accessed on October 23, 2012].
 APIC, 2011e. Taiwan Petrochemical Industry Data [database]. The Asia Petrochemical Industry
Conference. Available from: http://www.apic-online.org/countrydata_taiwan.htm. [Accessed on
October 23, 2012].
Page 263
Appendix
 APIC, 2011d. Thailand Petrochemical Industry Data [database]. The Asia Petrochemical Industry
Conference. Available from: http://www.apic-online.org/countrydata_Thailand.htm. [Accessed on
October 23, 2012].
 APLA, 2012. Latin American Petrochemical Yearbook 2011-2012. Associación Petroquímica Y
Química Latinoamericana. Available from: http://www.apla.com.ar/en-
servicios.php?categoria=1&id=6 [Accessed on October 23, 2012]
 Eurostat, 2011. Six major markets, 2000-2010, DRCCODE: 20141165 (Vinyl Acetate Monomer,
Acetic Acid), Production Quantity; Consumption; Import; Export. [Accessed on October 23, 2012].
 GPCA, 2011. Annual Report, 2011. Gulf Petrochemicals and Chemicals Association. Available from:
 http://184.154.233.9/~gpca6823/page/gpca-annual-report-2011. [Accessed on October 23, 2012].
 JPCA, 2011. Japanese Petrochemical Industry Data [databases]. Japan Petrochemical Industry
Association. Available from: http://www.jpca.or.jp/english/index.htm. [Accessed on October 23,
2012].
 KPIA, 2008. South Korea Petrochemical Industry Data [databases]. Korea Petrochemical Industry
Association. Available from: http://www.kpia.or.kr/eng/statistics/sta_01.html. [Accessed on
October 23, 2012].
 Yamada M, 2011. Economic Outlook- What It Means to the Chemical Industry. Barclays Capital
Japan Ltd. Available from:
http://www.ccfei.net/UpFile/Conference/201104211607067968873.pdf [Accessed on October 23,
2012]
 National Petroleum & Chemical Planning Institute, 2011. China Acetic Acid Industry during in 12th
Five-year Plan Period. National Petroleum & Chemical Planning Institute. Available from:
www.ccfei.net/upfile/conference/201104211610159843943.pdf [Accessed on October 23, 2012]
 Planning Commission of India, 2011. Indian Chemical Industry, Five Year Plan 2012-2017. Planning
Commission of India. Available from:
planningcommission.nic.in/aboutus/committee/.../wg_chem0203.pdf [Accessed on October 23,
2012]
 Stat-Can, 2012. Canada Petrochemical Industry Data [databases]. Available from:
http://www5.statcan.gc.ca/cansim/a33?RT=TABLE&themeID=512&spMode=tables&lang=eng
[Accessed on October 23, 2012]
 UN Comtrade, 2012. The 2011 International Trade Statistics Yearbook (2011 ITSY). The United
Nations Commodity Trade Statistics Database. Available from: http://comtrade.un.org/pb/
[Accessed on October 23, 2012]
 United States International Trade Commission (USITC), 2012. US Petrochemical Industry Data
[database]. Available from: http://dataweb.usitc.gov/ [Accessed on October 23, 2012]
9.4 Methodology
GBI Research’s dedicated research and analysis teams consist of experienced professionals with marketing,
market research and advanced statistical expertise, as well as consulting backgrounds in the petrochemical
industry.
GBI Research adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and the
Strategic and Competitive Intelligence Professionals (www.scip.org).
All GBI Research databases are continuously updated and revised.
9.4.1 Coverage
The objective of updating GBI Research’s coverage is to ensure that it represents the most up to date vision
of the industry possible.
Changes to the industry taxonomy are built on the basis of extensive research of company, association and
competitor sources.
Company coverage is based on three key factors: market capitalization, revenues and media
attention/innovation/market potential.
Page 264
Appendix
 An exhaustive search of 56 member exchanges is conducted and companies are prioritized on the
basis of their market capitalization.
 The estimated revenues of all major companies, including private and governmental, are gathered
and used to prioritize coverage.
 Companies which are making the news, or which are of particular interest due to their innovative
approach, are prioritized.
GBI Research aims to cover all major news events and deals in the Petrochemical industry, updated on a
daily basis.
9.4.2 Secondary Research
The research process begins with exhaustive secondary research on internal and external sources being
carried out to source qualitative and quantitative information relating to each market.
The secondary research sources that are typically referred to include, but are not limited to:
 Company websites, annual reports, financial reports, broker reports, investor presentations and
US Securities and Exchanges Commission (SEC) filings
 Industry trade journals and other literature
 Internal and external proprietary databases
 National government documents, statistical databases and market reports
 News articles, press releases and web-casts specific to the companies operating in the market
9.4.3 Primary Research
 GBI Research conducts hundreds of primary interviews a year with industry participants and
commentators in order to validate its data and analysis. A typical research interview fulfills the
following functions:
 It provides first-hand information on market size, market trends, growth trends, competitive
landscape, and future outlooks for markets and sectors.
 It helps in validating and strengthening secondary research findings.
 It further develops the analysis team’s expertise and market understanding.
 Primary research involves email interactions, telephone interviews and face-to-face interviews for
each market, category, segment and sub-segment across geographies
 The participants who typically take part in such a process include, but are not limited to:
 Industry participants: CEOs, VPs, business development managers, market intelligence managers
and national sales managers
 Outside experts: investment bankers, valuation experts, research analysts and key opinion leaders
specializing in petrochemicals markets.
9.4.4 Expert Panel Validation
GBI Research uses a panel of experts to cross-verify research and forecast methodologies and drive its
analytical content.
The GBI Research expert panel comprises marketing managers, product specialists, international sales
managers from petrochemical companies; academics and geologists from research universities, consultants
from venture capital funds and distributors/suppliers of petrochemicals goods and services.
Page 265
Appendix
9.6 Disclaimer
All Rights Reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by
any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of
the publisher, GBI Research.
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GBI Research Acetic Acid Global Market To 2020 Sample

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Acetic Acid Global Market to 2020

GBI Research Report Guidance

Acetic Acid, Global Demand by Volume (Tons), 2000–2020

CAGR:.XX CAGR: XX%

2000 2011 2020

4.10.1 India, Acetic Acid Market Overview...................................................................................54

6.10.6 France, Acetic Acid Market Competitive Landscape ......................................................... 164

1.1 List of Tables

1.2 List of Figures

Figure 1: Acetic Acid Structure

Source: GBI Research

Table 3: Acetic Acid, Global, Demand by End-use Segment (Tons), 2000–2020

3.7 Global Acetic Acid Market Competitive Landscape

Figure 5: Acetic Acid, Global, Capacity Share (%), 2011

Table 4: Acetic Acid, Global, Capacity Share (%), 2011

9.2 Market Definitions

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