Acetyls Market Statistics Analysis, Scope, Infrastructure Growth, Latest Trend, Research & Development
Global Acetyls Market
Acetyl also referred as acyl which is a functional group
with chemical formula CH3CO & it is a key base chemical in the production
of polymers. Acetyl has a wide range of applications in various industries such
as oil & gas, food & beverages, pharmaceuticals, paints & coatings,
and others. Also, acetyls used in the modification of histones & proteins.
The increase in the use of acetyls in enhanced drug delivery
is a key driving factor which is expected to boost the global acetyls market
growth over the forecast period. Acetylated compounds offer increased ability
to cross the selectively permeable BBB (Blood-Brain Barrier) which results in
the drug to reach the brain at a faster rate. Also, the increase in application
of acetyl in various end-use industries such as pharmaceuticals, oil& gas,
furniture, and others will positively influence the market growth.
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Furthermore, as per the International Federation of
Pharmaceutical Manufacturers & Association, the research-based
pharmaceutical industry invested around US$ 149.8 billion across the globe on
pharmaceutical Research &Development (2015) up from about US$ 130.0 billion
(2010). Moreover, the increase in geriatric population & the sedentary
lifestyle has led to an increased number of generic health issues, like fever,
cough body pains, and cold, and nausea which is expected to propel the global acetyls
market growth.
Declining demand from solvent-based adhesives is expected to
hamper the global acetyls market growth during this forecast timeframe.
Global Acetyls Market
Segmentation Analysis
The Global Acetyls Market is segmented into product type
such as Ethylene Acetate, Formaldehyde, Vinyl Acetate, Acetic Anhydride, Acetic
Acid, and Others. Further, market is segmented into application such as Oil
& Gas, Food & Beverages, Pharmaceutical, Furniture, Paints, Inks &
Waxes & Coatings, and Others.
Also, the Global Acetyls Market is segmented into five
regions such as North America, Latin America, Europe, Asia Pacific, and Middle
East & Africa.
Top Market Key
Players
Various key players are discussed in this report such as Dow
Chemical Company, BP plc, LyondellBasell Industries Holdings B.V., Celanese
Corporation, Eastman Chemical Company, Wacker Chemie AG, Daicel Corporation,
etc.
Market Taxonomy
By Product Type
·
Ethylene Acetate
·
Formaldehyde
·
Vinyl Acetate
·
Acetic Anhydride
·
Acetic Acid
·
Others
By Application
·
Oil & Gas
·
Food & Beverages
·
Pharmaceutical
·
Furniture
·
Paints, Inks & Waxes & Coatings
·
Others
By Region
·
North America
·
Latin America
·
Europe
·
Asia Pacific
·
Middle East & Africa
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