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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Major market players are investing in the research and development of sustainable products from acetyls across various industries
| Company | Founded | Headquarters | Products |
| Eastman Chemical Company | 1920 | Tennessee, United States | Chemicals and components for agriculture and construction |
| Celanese Corporation | 1918 | Texas, United States | 3-methoxy butanol, acesulfame potassium, and acetal copolymer |
| DuPont de Nemours, Inc. | 1802 | Delaware, USA | Adhesives, speciality chemicals, and advanced printing solutions |
| LyondellBasell Industries Holdings B.V. | 2007 | Texas, USA | Polymers, speciality powders, fuels, polyolefins, and engineered composites |
Other key players in the acetyls market are Helm AG, Wacker Chemie AG, Sipchem Company, Saudi Basic Industries Corporation, Daicel Corporation, and Jubilant Ingrevia Limited, among others.
In February 2023, Celanese, a global chemical and speciality materials company, completed the expansion of its ethylene vinyl acetate (EVA) production capacity at its acetyl chain facility located in Edmonton, Canada. This expansion enhances Celanese's capability to meet the growing demand for EVA polymers, which find extensive applications across industries such as packaging, automotive, and consumer goods.
Acetyls Market Report Snapshots
Acetyls Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 26.69 billion.
The market is estimated to grow at a CAGR of 5.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 42.95 billion by 2032.
The market is being driven by the growing demand for chemical intermediates, expansion of the pharmaceutical industry, and increasing consumption in the textile industry.
The key trends aiding the market expansion include growing use of polymers, rising demand for paints and coatings, rising burden of health diseases, and expansion of existing acetyl production capabilities.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major end uses of acetyls are pharmaceuticals, paints and coating, food and beverages, furniture, and oil and gas, among others.
The major players in the market are Eastman Chemical Company, Celanese Corporation, DuPont de Nemours, Inc., LyondellBasell Industries Holdings B.V., Helm AG, Wacker Chemie AG, Sipchem Company, Saudi Basic Industries Corporation, Daicel Corporation, and Jubilant Ingrevia Limited, among others.
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Australia
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India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
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+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124