U.S. Acetic Acid Industry Key Opponent and Production Adviser analysis (2019-2024)
United States Acetic Acid Introduction:
Acetic acid is a clear
colorless liquid with a strong pungent odor carboxylic acid. It is an important
raw material used in the manufacturing of various other chemicals that serve
diverse end user industries.
Axiom MRC Published a
Report on, “U.S.
Acetic Acid Market, By
Application, Market Share, Trends Analysis and Forecast up to 2024”
It is also the main
component of vinegar and it’s most common uses are as a solvent for various
industrial processes, in the manufacture of synthetic fibers & textiles,
inks & dyes, rubbers & plastics, pesticides, etc.
Preliminary acetic
acid is produced by the methanol carbonylation technique wherein methanol and
carbon monoxide react to produce acetic acid.
U.S. Acetic Acid Market Details:
The market is driven
by factors such as increasing demand of acetic acid the production of vinyl
acetate monomar which is widely used in production of for polyvinyl acetate
which is used to manufacture adhesives, paints, coatings for flexible
substrates and sizing for polyester fiber-fill insulation textiles.
U.S. Acetic Acid Market Top Key Players:
Celanese Corp.
Eastman Chemical
Company
LyondellBasell etc.
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