World Analysis – Acetyls

Duration: Long-term outlook to 2050

Global Acetic acid demand is dominated by Vinyl acetate monomer (VAM) and Terephthalic acid (PTA). Other large consumption segments include Acetic Anhydride and Ethyl Acetate (EAC). Minor consumption segments include Monochloro Acetic Acid (MCA), n-Butyl Acetate (BAC), Sec-Butyl Acetate and Ethanol. Apart from its various industrial applications in manufacturing important derivatives, Acetic acid is also known for its use in the food industry, especially in vinegar and pharmaceutical industries. Vinyl acetate monomer (VAM) demand is primarily dominated by Polyvinyl Alcohol (PVOH) and Polyvinyl Acetate (PVA) which are used in adhesives, paints and coatings. VAM is also a precursor for Ethylene-vinyl acetate (EVA), whose growth is boosted by strong demand in photovoltaic panels. Other minor consumption segments include Ethylene–vinyl alcohol (EVOH) and Vinyl Acetate Ethylene (VAE).

Acetic acid is mostly produced from methanol through the process of methanol carbonylation owing to its lower production cost compared with other technologies. Natural gas prices are the driving factor for acetic acid production costs as they directly impact the methanol production costs and margins. In mainland China, coal prices influence the methanol and acetic acid production costs as China primarily uses coal to produce methanol. Vinyl acetate monomer (VAM) is primarily produced through the ethylene process which uses ethylene, acetic acid and oxygen as raw materials. In mainland China, VAM is mainly produced from the acetylene process due to the low cost of acetylene production. The sustainability agenda is also driving interest in bioacetic acid, which could be produced either wholly or partially from biomethanol via the mass balance method.

Duration: Long-term outlook to 2050

The World Analysis – ABS Resins provides a comprehensive analysis and key insights into critical market developments as they shape the future outlook for the global ABS Resins market.

The following reports, data files, analytical tools and visualization modules are available online and can be downloaded from our website:

• Direct Access to the Subject Matter Experts
• In-depth exploration of present market strategic insights, recognition of critical challenges, and presentation of our experts’ forecasts and analysis
• Explanatory Notes detailing data sources, methodologies, unit and conversion factors, and World Analysis deliverables.
• Energy and Economy assumptions
• Price, cost, and margin base assumptions forecast and sensitivities analysis, including price assessment methodology and price definitions across all regions.
• Excel data files with standard supply/demand graphics and price forecasts extended to 2050, trade grids with country and regional trade flows Data appendix (Excel) with supply/demand, capacity and trade tables.
• An online dashboard visualization of capacity, supply/demand, trade grids, and price, cost and margin forecasts
• Supply/demand and capacity database access via data browser
• Data Appendix (Excel) with supply/demand and capacity tables
• Capacity by company/shareholder, capacity integration, top producer/consumer and surplus/deficit capacity ranking, and ownership/subsidiary information

This World Analysis contains detailed information on capacities, production, demand, and trade for all significant producing and consuming countries and regions. Although data gathering is essential for understanding history and potential future trends, we believe that the interpretation and analysis of the data is the most valuable information to our clients.

Duration: Long-term outlook to 2050