Market Overview:
The Europe acetic acid market is currently witnessing steady growth. Acetic acid (CH3COOH) is a clear organic compound with a strong and pungent smell. Also known as ethanoic acid or methane carboxylic acid, it can be produced both synthetically and by bacterial fermentation. It is widely employed in the production of metal acetates, vinyl acetates, cellulose acetate, and volatile organic esters, such as ethyl and butyl acetate.
Due to its distinct benefits, acetic acid finds extensive applications in the food and beverage (F&B) industry in Europe. Additionally, acetic acid derived products are employed in the manufacturing of paints, coatings, packaging, textiles and solvents. Significant demand from the end use industries is driving the market growth. Apart from this, the leading manufacturers are investing in research and development (R&D) projects to minimize energy consumption while manufacturing the acid and reduce the operating costs. However, the sudden outbreak of the coronavirus disease (COVID-19) and lockdowns imposed in different countries have resulted in the temporary closures of several manufacturing units in the region. The market is anticipated to experience growth once lockdown relaxations are introduced. Looking forward, the market is expected to continue its stable growth during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe acetic acid market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, application and end use industry.
Breakup by Application:
- VAM
- PTA
- Anhydride
- Ethyl Acetate
- Butyl Acetate
- Others
Breakup by End Use Industry:
- Plastics and Polymers
- Food and Beverage
- Inks, Paints and Coatings
- Chemicals
- Pharmaceuticals
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Questions Answered in This Report:
- How has the Europe acetic acid market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe acetic acid market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe acetic acid market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Europe Acetic Acid Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 VAM
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 PTA
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Anhydride
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Ethyl Acetate
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Butyl Acetate
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by End Use Industry
7.1 Plastics and Polymers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Food and Beverage
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Inks, Paints and Coatings
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Chemicals
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Pharmaceuticals
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Country
8.1 Germany
8.1.1 Market Trends
8.1.2 Market Breakup by Application
8.1.3 Market Breakup by End Use Industry
8.1.4 Market Forecast
8.2 France
8.2.1 Market Trends
8.2.2 Market Breakup by Application
8.2.3 Market Breakup by End Use Industry
8.2.4 Market Forecast
8.3 United Kingdom
8.3.1 Market Trends
8.3.2 Market Breakup by Application
8.3.3 Market Breakup by End Use Industry
8.3.4 Market Forecast
8.4 Italy
8.4.1 Market Trends
8.4.2 Market Breakup by Application
8.4.3 Market Breakup by End Use Industry
8.4.4 Market Forecast
8.5 Spain
8.5.1 Market Trends
8.5.2 Market Breakup by Application
8.5.3 Market Breakup by End Use Industry
8.5.4 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Breakup by Application
8.6.3 Market Breakup by End Use Industry
8.6.4 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Policy and Regulatory Landscape
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Europe: Acetic Acid Market: Major Drivers and Challenges
Figure 2: Europe: Acetic Acid Market: Volume Trends (in Million Tons), 2015-2020
Figure 3: Europe: Acetic Acid Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 4: Europe: Acetic Acid Market: Breakup by Application (in %), 2020
Figure 5: Europe: Acetic Acid Market: Breakup by End Use Industry (in %), 2020
Figure 6: Europe: Acetic Acid Market: Breakup by Country (in %), 2020
Figure 7: Europe: Acetic Acid (VAM) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 8: Europe: Acetic Acid (VAM) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 9: Europe: Acetic Acid (PTA) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 10: Europe: Acetic Acid (PTA) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 11: Europe: Acetic Acid (Anhydride) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 12: Europe: Acetic Acid (Anhydride) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 13: Europe: Acetic Acid (Ethyl Acetate) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 14: Europe: Acetic Acid (Ethyl Acetate) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 15: Europe: Acetic Acid (Butyl Acetate) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 16: Europe: Acetic Acid (Butyl Acetate) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 17: Europe: Acetic Acid (Other Applications) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 18: Europe: Acetic Acid (Other Applications) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 19: Europe: Acetic Acid (Plastics and Polymers) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 20: Europe: Acetic Acid (Plastics and Polymers) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 21: Europe: Acetic Acid (Food and Beverage) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 22: Europe: Acetic Acid (Food and Beverage) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 23: Europe: Acetic Acid (Inks, Paints and Coatings) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 24: Europe: Acetic Acid (Inks, Paints and Coatings) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 25: Europe: Acetic Acid (Chemicals) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 26: Europe: Acetic Acid (Chemicals) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 27: Europe: Acetic Acid (Pharmaceuticals) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 28: Europe: Acetic Acid (Pharmaceuticals) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 29: Europe: Acetic Acid (Other End Use Industries) Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 30: Europe: Acetic Acid (Other End Use Industries) Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 31: Germany: Acetic Acid Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 32: Germany: Acetic Acid Market: Breakup by Application (in %), 2020
Figure 33: Germany: Acetic Acid Market: Breakup by End Use Industry (in %), 2020
Figure 34: Germany: Acetic Acid Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 35: France: Acetic Acid Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 36: France: Acetic Acid Market: Breakup by Application (in %), 2020
Figure 37: France: Acetic Acid Market: Breakup by End Use Industry (in %), 2020
Figure 38: France: Acetic Acid Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 39: United Kingdom: Acetic Acid Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 40: United Kingdom: Acetic Acid Market: Breakup by Application (in %), 2020
Figure 41: United Kingdom: Acetic Acid Market: Breakup by End Use Industry (in %), 2020
Figure 42: United Kingdom: Acetic Acid Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 43: Italy: Acetic Acid Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 44: Italy: Acetic Acid Market: Breakup by Application (in %), 2020
Figure 45: Italy: Acetic Acid Market: Breakup by End Use Industry (in %), 2020
Figure 46: Italy: Acetic Acid Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 47: Spain: Acetic Acid Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 48: Spain: Acetic Acid Market: Breakup by Application (in %), 2020
Figure 49: Spain: Acetic Acid Market: Breakup by End Use Industry (in %), 2020
Figure 50: Spain: Acetic Acid Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 51: Others: Acetic Acid Market: Volume Trends (in Million Tons), 2015 & 2020
Figure 52: Others: Acetic Acid Market Forecast: Volume Trends (in Million Tons), 2021-2026
Figure 53: Europe: Acetic Acid Industry: SWOT Analysis
Figure 54: Europe: Acetic Acid Industry: Value Chain Analysis
Figure 55: Europe: Acetic Acid Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Europe: Acetic Acid Market: Key Industry Highlights, 2020 and 2026
Table 2: Europe: Acetic Acid Market Forecast: Breakup by Application (in Million Tons), 2021-2026
Table 3: Europe: Acetic Acid Market Forecast: Breakup by End Use Industry (in Million Tons), 2021-2026
Table 4: Europe: Acetic Acid Market Forecast: Breakup by Country (in Million Tons), 2021-2026
Table 5: Europe: Acetic Acid Market: Competitive Structure
Table 6: Europe: Acetic Acid Market: Key Players