World Acetic Acid Market

World Acetic Acid Market

This report analyzes the worldwide markets for Acetic Acid in Thousands of Tons. The specific End-use segments analyzed are Vinyl Acetata Monomer (VAM), Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other Acetates, Purified Terephthalic Acid (PTA), and Other Applications. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 68 companies including players worldwide such as British Petroleum Company Plc, BP PETRONAS Acetyls Sdn Bhd, Celanese AG, Daicel Chemical Industries, Kyodo Sakusan Co., Ltd.,Dow Chemical Company, DuPont, Eastman Chemicals, Jilin Chemical Industrial Company Limited, Kuraray Co., Ltd., Lyondell Chemical Company, Millennium Chemicals, Inc., Sinopec Corp., Showa Denko, and Sterling Chemicals, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

ACETIC ACID MCP-2002
A GLOBAL STRATEGIC BUSINESS REPORT


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability And Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions And Scope Of Study I-3
Primary Uses of Acetic Acid I-4


II. EXECUTIVE SUMMARY

1. Current & Future Analysis II-1
Analysis by Geographic Region\Country II-1
Table 1: World Market for Acetic Acid (2001-2010): Geographic
Region\Country/Country Ranked by Growth - Asia-Pacific
(excluding Japan), Latin America, US, Europe, Japan, and
Canada (includes corresponding Graph/Chart) II-1
Analysis by End-Use Segment II-1
Table 2: World Market for Acetic Acid (2001-2010): End-Use
Segments Ranked by Growth - PTA, VAM, Ethyl Acetate, Other
Acetates, Acetic Anhydride, and Butyl Acetate (includes
corresponding Graph/Chart) II-1

2. Trends & Issues II-2
China Powers the Global Acetic Acid Market II-2
Capacity Expansion on the Rise II-2
Table 3: Worldwide Acetic Acid Market (2004-2010): Annual
Production Capacity in Million Tons (includes corresponding
Graph/Chart) II-2
Table 4: Select Acetic Acid Plants in Pipeline (2008-2010) (
includes corresponding Graph/Chart) II-3
Producers Exercise Increased Control Over Methanol
Carbonylation Technology. II-3
New Processes and Technology Catch the Fancy II-3

3. Factors Influencing the Market II-4
Technological Innovations II-4
Acetic Acid Replaces Solvents. II-4
Raw Materials: Greatly Influencing the Acetic Acid Market II-4
Derivatives: Driving the Acetic Acid Market II-5
Globalization Takes Over the Mantle. II-5
Key Players Confront Fierce Competition II-5
Table 5: Worldwide Leading Acetic Acid Producers (2008):
Percentage Breakdown of Annual Production Capacity (In Terms
of Volume) (includes corresponding Graph/Chart) II-5
Economic Factors II-6
Environmental Concerns II-6
Government Regulations II-6
Impact of Government Legislations on the Market II-6

4. Product Overview II-7
Chemical and Physical Properties II-7
Grades II-8
Hazards II-8
Primary Uses of Acetic Acid II-8
Synthetic Flavoring Agent II-8
Feedstock in the Production of Acetic Anhydride II-9
Buffering Agent II-9
Applications in the Pharmaceutical Industry II-9
Etherifying & Neutralizing Agent II-9
Photographic Chemicals Manufactured Using Acetic Acid II-9
Primary Input in the Production of Rubber Chemicals II-9
Removes Rust from Garments. II-9
Chemical & Biochemical Analysis II-9
Acetic Acid - An Alternative for Cancer Treatment II-10
Acetic Acid - A Latent Peril II-10
Repercussions of Excessive Exposure II-10
Short-term Exposure II-10
Long-term Exposure II-10
Personal Protection II-10

5. Raw Materials - An Overview II-11
Methanol II-11
Ethylene II-11
An Important Petrochemical Intermediate II-11
Acetaldehyde II-11

6. End-Use Markets - An Overview II-12
Snapshot of Acetic Acid’s Leading End Uses II-12
Vinyl Acetate Monomer II-13
Production Process II-13
Consumption of VAM on the Rise. II-13
End-Use Applications II-13
Major Manufacturers II-13
Table 6: VAM Market Worldwide (2007): Market Shares of
Leading Players - Celanese, Dairen, Dow, Sinopec, Lyondell,
DuPont, BP and Others (includes corresponding Graph/Chart) II-14
Purified Terephthalic Acid (PTA) II-14
Increased Use of PET. II-14
Cellulose Acetate & Acetic Anhydride II-14
End-use Applications of Cellulose Acetate II-15
Acetylates (Esters and Acetates) II-15
Ethyl Acetates II-15
Production Process II-15
Recent Developments II-15
Consumption Pattern II-16
Butyl Acetate II-16
Acetic Anhydride II-16
Other II-16
Monochloroacetic Acid II-16

7. Recent Industry Activity II-17
BP and Sinopec to Establish New Acetic Acid Unit in China II-17
Wacker to Acquire Vinyl Acetate Business of WPS and APP II-17
INEOS Acquires VAM and EtAc Businesses from BP II-17
Jiangsu SOPO Receives Approval for Plant Construction II-17
Somaiya Organo-Chemicals Announces Capacity Expansion Plan II-17
Celanese Collaborates with SWRDICI in China II-18
G-Group Join Hands with Kingboard Chemical II-18
Basell Acquires Lyondell to form LyondellBasell II-18
Celanese Divests Texas Unit to Babcock & Brown II-18
Celanese Establishes Chemical Complex in Nanjing II-18
BP to Divest Two Production Units II-19
Technip Bags Contract from BP-YPC Acetyls II-19
Celanese Enters into Partnership with Accsys Technologies II-19
Celanese Corp Acquires Acetate Products Limited II-20
Sinopec and Aker form a Joint Venture to Establish New
Projects in Saudi, China II-20
Huala Hengsheng to Set up Acetic Acid Plant II-20
Wujing Chemicals Constructs Acetic Acid Unit in Wujing II-20
Tri-nation Consortium to Construct US$1 Billion Facility for
SIPCHEM II-20
BP and Formosa Begin Acetic Acid Plant in Taiwan II-20
Sipchem and Eastman to Construct Acetyls Complex II-21
Sinopec Signs Joint Venture with BP II-21
SABIC Starts Acetic Acid Plant Based on New Technology II-21

8. Focus on Select Global Players II-22
British Petroleum PLC (BP) (UK) II-22
BP PETRONAS Acetyls Sdn Bhd (Malaysia) II-22
Celanese Corporation (USA) II-22
China Petroleum & Chemical Corporation (Sinopec Corp.) (China) II-23
Daicel Chemical Industries Limited (Japan) II-23
Kyodo Sakusan Co. Ltd. (Japan) II-23
DuPont (USA) II-24
Eastman Chemicals Company (USA) II-24
Jilin Chemical Industrial Company Limited (China) II-24
Kuraray Co., Ltd. (Japan) II-25
LyondellBasell Industries (The Netherlands) II-25
Millennium Chemicals Inc. (USA) II-25
Showa Denko K K (Japan) II-26
Sterling Chemicals Inc. (USA) II-26

9. Global Market Perspective II-27
Table 7: World Recent Past, Current & Future Analysis for
Acetic Acid by Geographic Region\Country- US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and Rest
of World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) II-27

Table 8: World Long-term Projections for Acetic Acid by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2011 through 2015 (includes
corresponding Graph/Chart) II-28

Table 9: World Historic Review for Acetic Acid by Geographic
Region\Country- US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales in Thousand Tons for
the Years 1991 through 2000 (includes corresponding
Graph/Chart) II-29

Table 10: World 15-Year Perspective for Acetic Acid by
Geographic Region\Country - Percentage Breakdown by Volume
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets for the Years
1998, 2008 & 2012 (includes corresponding Graph/Chart) II-30

Table 11: World Recent Past, Current & Future Analysis for
End-Use Application of Acetic Acid in Vinyl Acetate Monomer
(VAM) by Geographic Region\Country- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) II-31

Table 12: World Long-term Projections for End-Use Application
of Acetic Acid in Vinyl Acetate Monomer (VAM) by Geographic
Region/Country - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales in Thousand Tons for
the Years 2011 through 2015 (includes corresponding
Graph/Chart) II-32

Table 13: World Historic Review for End-Use Application of
Acetic Acid in Vinyl Acetate Monomer (VAM) by Geographic
Region\Country- US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales in Thousand Tons for
the Years 1991 through 2000 (includes corresponding
Graph/Chart) II-33

Table 14: World 15-Year Perspective for End-Use Application
of Acetic Acid in Vinyl Acetate Monomer (VAM) by Geographic
Region\Country - Percentage Breakdown by Volume Sales for US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
America and Rest of World Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) II-34

Table 15: World Recent Past, Current & Future Analysis for
End-Use Application of Acetic Acid in Acetic Anhydride by
Geographic Region\Country- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) II-35

Table 16: World Long-term Projections for End-Use Application
of Acetic Acid in Acetic Anhydride by Geographic
Region/Country - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales in Thousand Tons for
the Years 2011 through 2015 (includes corresponding
Graph/Chart) II-36

Table 17: World Historic Review for End-Use Application of
Acetic Acid in Acetic Anhydride by Geographic Region\ Country-
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently
Analyzed with Annual Sales in Thousand Tons for the Years 1991
through 2000 (includes corresponding Graph/Chart) II-37

Table 18: World 15-Year Perspective for End-Use Application
of Acetic Acid in Acetic Anhydride by Geographic Region\
Country - Percentage Breakdown by Volume Sales for US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America
and Rest of World Markets for the Years 1998, 2008 & 2012
(includes corresponding Graph/Chart) II-38

Table 19: World Recent Past, Current & Future Analysis for
End-Use Application of Acetic Acid in Ethyl Acetate by
Geographic Region\Country- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) II-39

Table 20: World Long-term Projections for End-Use Application
of Acetic Acid in Ethyl Acetate by Geographic Region/Country -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently Analyzed
with Annual Sales in Thousand Tons for the Years 2011 through
2015(includes corresponding Graph/Chart) II-40

Table 21: World Historic Review for End-Use Application of
Acetic Acid in Ethyl Acetate by Geographic Region\Country-
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently Analyzed
with Annual Sales in Thousand Tons for the Years 1991 through
2000 (includes corresponding Graph/Chart) II-41

Table 22: World 15-Year Perspective for End-Use Application
of Acetic Acid in Ethyl Acetate by Geographic Region\Country -
Percentage Breakdown by Volume Sales for US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets for the Years 1998, 2008 & 2012
(includes corresponding Graph/Chart) II-42

Table 23: World Recent Past, Current & Future Analysis for
End-Use Application of Acetic Acid in Butyl Acetate by
Geographic Region\Country- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) II-43

Table 24: World Long-term Projections for End-Use Application
of Acetic Acid in Butyl Acetate by Geographic Region/Country -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently Analyzed
with Annual Sales in Thousand Tons for the Years 2011 through
2015 (includes corresponding Graph/Chart) II-44

Table 25: World Historic Review for End-Use Application of
Acetic Acid in Butyl Acetate by Geographic Region\Country-
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently Analyzed
with Annual Sales in Thousand Tons for the Years 1991 through
2000 (includes corresponding Graph/Chart) II-45

Table 26: World 15-Year Perspective for End-Use Application
of Acetic Acid in Butyl Acetate by Geographic Region\Country -
Percentage Breakdown by Volume Sales for US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets for the Years 1998, 2008 & 2012
(includes corresponding Graph/Chart) II-46

Table 27: World Recent Past, Current & Future Analysis for
End-Use Application of Acetic Acid in Other Acetates by
Geographic Region\Country- US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) II-47

Table 28: World Long-term Projections for End-Use Application
of Acetic Acid in Other Acetates by Geographic Region/Country
- US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently Analyzed
with Annual Sales in Thousand Tons for the Years 2011 through
2015 (includes corresponding Graph/Chart) II-48

Table 29: World Historic Review for End-Use Application of
Acetic Acid in Other Acetates by Geographic Region\Country-
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets Independently Analyzed
with Annual Sales in Thousand Tons for the Years 1991 through
2000 (includes corresponding Graph/Chart) II-49

Table 30: World 15-Year Perspective for End-Use Application
of Acetic Acid in Other Acetates by Geographic Region\ Country
- Percentage Breakdown by Volume Sales for US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets for the Years 1998, 2008 & 2012
(includes corresponding Graph/Chart) II-50

Table 31: World Recent Past, Current & Future Analysis for
End-Use Application of Acetic Acid in Purified Terephthalic
Acid (PTA) by Geographic Region\Country- US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and
Rest of World Markets Independently Analyzed with Annual Sales
in Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) II-51

Table 32: World Long-term Projections for End-Use Application
of Acetic Acid in Purified Terephthalic Acid (PTA) by
Geographic Region/Country - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2011 through 2015 (includes
corresponding Graph/Chart) II-52

Table 33: World Historic Review for End-Use Application of
Acetic Acid in Purified Terephthalic Acid (PTA) by Geographic
Region\Country- US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales in Thousand Tons for
the Years 1991 through 2000 (includes corresponding
Graph/Chart) II-53

Table 34: World 15-Year Perspective for End-Use Application
of Acetic Acid in Purified Terephthalic Acid (PTA) by
Geographic Region\Country - Percentage Breakdown by Volume
Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets for the Years
1998, 2008 & 2012 (includes corresponding Graph/Chart) II-54

Table 35: World Recent Past, Current & Future Analysis for
Acetic Acid in Other Applications by Geographic Region\
Country- US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets Independently
Analyzed with Annual Sales in Thousand Tons for the Years 2001
through 2010 (includes corresponding Graph/Chart) II-55

Table 36: World Long-term Projections for End-Use Application
of Acetic Acid in Other Applications by Geographic
Region/Country - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America and Rest of World Markets
Independently Analyzed with Annual Sales in Thousand Tons for
the Years 2011 through 2015 (includes corresponding
Graph/Chart) II-56

Table 37: World Historic Review for Acetic Acid in Other
Applications by Geographic Region\Country- US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Latin America and Rest
of World Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 1991 through 2000 (includes
corresponding Graph/Chart) II-57

Table 38: World 15-Year Perspective for Acetic Acid in Other
Applications by Geographic Region\Country - Percentage
Breakdown by Volume Sales for US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets for the Years 1998, 2008 & 2012 (includes
corresponding Graph/Chart) II-58


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Current and Future Analysis III-1
Production Statistics III-1
Table 39: North American Acetic Acid Market (2004-2010):
Production Capacity in Thousand Tons (includes
corresponding Graph/Chart) III-1

Table 40: Leading Producers of Acetic Acid in the US
(2006): Production Capacity of Select Companies (In ‘000
Metric Tons) (includes corresponding Graph/Chart) III-2
Export and Import Statistics III-2
Table 41: US Acetic Acid Exports (2006 & 2007): Percentage
Breakdown by Region - Mexico, Belgium, Brazil, Spain,
Canada, Netherlands and Others (In Terms of Value)
(includes corresponding Graph/Chart) III-2

Table 42: US Acetic Acid Imports (2006 & 2007): Percentage
Breakdown by Region -China, Brazil, UK, Germany and Others
(In Terms of Value) (includes corresponding Graph/Chart) III-3
Market Determined by Derivatives III-3
Strategic Corporate Developments III-3
Select Players III-4
B.Market Analytics III-7
Table 43: US Recent Past, Current & Future Analysis for
Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) III-7

Table 44: US Long-term Projections for Acetic Acid by End
Use Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-7

Table 45: US Historic Review for Acetic Acid by End Use
Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-8

Table 46: US 15-Year Perspective for Acetic Acid by End Use
Segments - Percentage Breakdown by Volume Sales for VAM,
Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-8

2. Canada III-9
A.Market Analysis III-9
Current and Future Analysis III-9
Imports and Exports III-9
Table 47: Canadian Acetic Acid Market (2006 & 2007):
Imports and Exports in US$ Thousands III-9

Table 48: Canadian Acetic Acid Exports (2006 & 2007):
Percentage Breakdown by Region- Australia, South Korea, US,
Italy, Poland and Others (In terms of Value) (includes
corresponding Graph/Chart) III-9
B.Market Analytics III-10
Table 49: Canadian Recent Past, Current & Future Analysis
for Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in Thousand
Tons for the Years 2001 through 2010 (includes corresponding
Graph/Chart) III-10

Table 50: Canadian Long-term Projections for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-10

Table 51: Canadian Historic Review for Acetic Acid by End
Use Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-11

Table 52: Canadian 15-Year Perspective for Acetic Acid by
End Use Segments - Percentage Breakdown by Volume Sales for
VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-11

3. Japan III-12
A.Market Analysis III-12
Infiltrating into Developing Markets III-12
Market Shapers III-12
Leading Producers III-12
Table 53: Leading Japanese Producers of Acetic Acid (2006):
Production Capacities of Select Companies (In ‘000 Metric
Tons) (includes corresponding Graph/Chart) III-12
Select Players III-13
B.Market Analytics III-14
Table 54: Japanese Recent Past, Current & Future Analysis
for Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) III-14

Table 55: Japanese Long-term Projections for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-15

Table 56: Japanese Historic Review for Acetic Acid by End
Use Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-15

Table 57: Japanese 15-Year Perspective for Acetic Acid by
End Use Segments - Percentage Breakdown by Volume Sales for
VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-16

4. Europe III-17
A.Market Analysis III-17
Current & Future Analysis by Geographic Region III-17
Table 58: European Market for Acetic Acid (2001-2010):
Geographic Region/Country Ranked by Growth - France,
Germany, UK and Italy (includes corresponding Graph/Chart) III-17
Analysis by End-Use Segment III-17
Table 59: European Market for Acetic Acid (2001-2010):
End-Use Segments Ranked by Growth - PTA, VAM, Other
Acetates, Ethyl Acetate, Acetic Anhydride and Butyl
Acetate (includes corresponding Graph/Chart) III-17
Strategic Corporate Development III-18
LyondellBasell Industries (The Netherlands)- A Major Player III-18
B.Market Analytics III-19
Table 60: European Recent Past, Current & Future Analysis
for Acetic Acid by Geographic Region\Country - France,
Germany, Italy, UK and Rest of Europe Markets Independently
Analyzed with Annual Sales in Thousand Tons for the Years
2001 through 2010 (includes corresponding Graph/Chart) III-19

Table 61: European Long-term Projections for Acetic Acid by
Geographic Region/Country - France, Germany, Italy, UK and
Rest of Europe Markets Independently Analyzed with Annual
Sales in Thousand Tons for the Years 2011 through 2015
(includes corresponding Graph/Chart) III-19

Table 62: European Historic Review for Acetic Acid by
Geographic Region\Country - France, Germany, Italy, UK and
Rest of Europe Markets Independently Analyzed with Annual
Sales Figures in Thousand Tons for the Years 1991 through
2000 (includes corresponding Graph/Chart) III-20

Table 63: European 15-Year Perspective for Acetic Acid by
Geographic Region\Country - Percentage Breakdown of Volume
Sales for France, Germany, Italy, UK, and Rest of Europe
Markets for the Years 1998, 2008, & 2012 (includes
corresponding Graph/Chart) III-20

Table 64: European Recent Past, Current & Future Analysis
for Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) III-21

Table 65: European Long-term Projections for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-21

Table 66: European Historic Review for Acetic Acid by End
Use Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-22

Table 67: European 15-Year Perspective for Acetic Acid by
End Use Segments - Percentage Breakdown of Volume Sales for
VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-22

4a. France III-23
Market Analysis III-23
Table 68: French Recent Past, Current & Future Analysis for
Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in Thousand
Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) III-23

Table 69: French Long-term Projections for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-24

Table 70: French Historic Review for Acetic Acid by End Use
Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-24

Table 71: French 15-Year Perspective for Acetic Acid by End
Use Segments - Percentage Breakdown by Volume Sales for VAM,
Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-25

4b. Germany III-26
A.Market Analysis III-26
Wacker Chemie AG - A Major Player III-26
B.Market Analytics III-27
Table 72: German Recent Past, Current & Future Analysis for
Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in Thousand
Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) III-27

Table 73: German Long-term Projections for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-27

Table 74: German Historic Review for Acetic Acid by End Use
Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-28

Table 75: German 15-Year Perspective for Acetic Acid by End
Use Segments - Percentage Breakdown by Volume Sales for VAM,
Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-28

4c. Italy III-29
Market Analysis III-29
Table 76: Italian Recent Past, Current & Future Analysis
for Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001through 2010 (includes
corresponding Graph/Chart) III-29

Table 77: Italian Long-term Projections for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-30

Table 78: Italian Historic Review for Acetic Acid by End
Use Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-30

Table 79: Italian 15-Year Perspective for Acetic Acid by End
Use Segments - Percentage Breakdown by Volume Sales for
VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-31

4d. The United Kingdom III-32
A.Market Analysis III-32
Table 80: UK Acetic Acid Imports (2004-2006): In Value
(£000’s) and Volume (000's Kilogram) (includes
corresponding Graph/Chart) III-32
Strategic Corporate Developments III-32
British Petroleum PLC (BP) - A Major Player III-33
B.Market Analytics III-33
Table 81: UK Recent Past, Current & Future Analysis for
Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and
Other Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2001 through 2010 (includes
corresponding Graph/Chart) III-33

Table 82: UK Long-term Projections for Acetic Acid by End
Use Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-34

Table 83: UK Historic Review for Acetic Acid by End Use
Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-34

Table 84: UK 15-Year Perspective for Acetic Acid by End Use
Segments - Percentage Breakdown by Volume Sales for VAM,
Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-35

4e. Rest of Europe III-36
Market Analysis III-36
Table 85: Rest of Europe Recent Past, Current & Future
Analysis for Acetic Acid by End Use Segments - VAM, Acetic
Anhydride, Ethyl Acetate, Butyl Acetate, Other Acetates,
PTA, and Other Markets Independently Analyzed with Annual
Sales in Thousand Tons for the Years 2001 through 2010
(includes corresponding Graph/Chart) III-36

Table 86: Rest of Europe Long-term Projections for Acetic
Acid by End Use Segments - VAM, Acetic Anhydride, Ethyl
Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in Thousand
Tons for the Years 2011 through 2015 (includes
corresponding Graph/Chart) III-37

Table 87: Rest of Europe Historic Review for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-37

Table 88: Rest of Europe 15-Year Perspective for Acetic Acid
by End Use Segments - Percentage Breakdown by Volume Sales
for VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate,
Other Acetates, PTA, and Other Markets for the Years 1998,
2008 & 2012 (includes corresponding Graph/Chart) III-38

5. Asia-Pacific III-39
A.Market Analysis III-39
Key Petrochemical Market III-39
Asia Lures Global Majors III-39
Acetic Acid - Major Producers III-39
Table 89: Leading Acetic Acid Producers in Asia-Pacific
(2005): Production Capacity in Thousand Tons (includes
corresponding Graph/Chart) III-39
Strategic Corporate Developments III-40
Select Players III-40
B.Market Analytics III-42
Table 90: Asia-Pacific Recent Past, Current & Future
Analysis for Acetic Acid by Geographic Region/Country -
China and Rest of Asia-Pacific Markets Independently
Analyzed with Annual Sales in Thousand Tons for the Years
2001 through 2010 (includes corresponding Graph/Chart) III-42

Table 91: Asia-Pacific Long-term Projections for Acetic
Acid by Geographic Region/Country - China and Rest of
Asia-Pacific Markets Independently Analyzed with Annual
Sales in Thousand Tons for the Years 2011 through 2015
(includes corresponding Graph/Chart) III-43

Table 92: Asia-Pacific Historic Review for Acetic Acid by
Geographic Region/Country - China and Rest of Asia-Pacific
Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 1991 through 2000 (includes
corresponding Graph/Chart) III-43

Table 93: Asia-Pacific 15-Year Perspective for Acetic Acid
by Geographic Region/Country - Percentage Breakdown of
Volume Sales for China and Rest of Asia-Pacific Markets for
the Years 1998, 2008 & 2012 III-44

Table 94: Asia-Pacific Recent Past, Current & Future
Analysis for Acetic Acid by End Use Segments - VAM, Acetic
Anhydride, Ethyl Acetate, Butyl Acetate, Other Acetates,
PTA, and Other Markets Independently Analyzed with Annual
Sales in Thousand Tons for the Years 2001 through 2010
(includes corresponding Graph/Chart) III-45

Table 95: Asia-Pacific Long-term Projections for Acetic Acid
by End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-45

Table 96: Asia-Pacific Historic Review for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-46

Table 97: Asia-pacific 15-Year Perspective for Acetic Acid
by End Use Segments - Percentage Breakdown by Volume Sales
for VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate,
Other Acetates, PTA, and Other Markets for the Years 1998,
2008 & 2012 (includes corresponding Graph/Chart) III-46

5a. China III-47
A.Market Analysis III-47
Current and Future Analysis III-47
Market Overview III-47
Table 98: Chinese Acetic Acid Market (2000-2005):
Production in Thousand Tons (includes corresponding
Graph/Chart) III-47

Table 99: Acetic Acid Production in China: Percentage
Breakdown of Production by Process Type - Methanol
Carbonylation, Ethylene Acetaldehyde, and Ethanol
Acetaldehyde (includes corresponding Graph/Chart) III-48

Table 100: Chinese Acetic Acid Market (2006): Production by
Leading Players - BP-YPC Acetyls Co., Celanese, Jiangsu
Sopo Co., Jilin City Songmei Acetic Acid Co., Shanghai
Wujing Chemical Industrial Co., Daqing Oil Administration,
and Yankuang Cathay Coal (In Thousand Metric Tons)
(includes corresponding Graph/Chart) III-48

Table 101: Chinese Acetic Acid Market (2004-2006): Imports
in ‘000 Metric Tons (includes corresponding Graph/Chart) III-48

Table 102: Chinese Glacial Acetic Acid Market (2005-2007):
Imports and Exports in ‘000 US$ (includes corresponding
Graph/Chart) III-49

Table 103: Chinese Glacial Acetic Acid Market (2005-2007):
Imports and Exports in ‘000 Tons (includes corresponding
Graph/Chart) III-49
Strategic Corporate Developments III-49
Select Players III-51
B.Market Analytics III-53
Table 104: Chinese Recent Past, Current & Future Analysis
for Acetic Acid by End Use Segments - VAM, Acetic
Anhydride, Ethyl Acetate, Butyl Acetate, Other Acetates,
PTA, and Other Markets Independently Analyzed with Annual
Sales in Thousand Tons for the Years 2001 through 2010
(includes corresponding Graph/Chart) III-53

Table 105: Chinese Long-term Projections for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 2011 through 2015 (includes corresponding
Graph/Chart) III-53

Table 106: Chinese Historic Review for Acetic Acid by End
Use Segments - VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-54

Table 107: Chinese 15-Year Perspective for Acetic Acid by
End Use Segments - Percentage Breakdown by Volume Sales for
VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-54

5b. Rest of Asia-Pacific III-55
Market Analysis III-55
Table 108: Rest of Asia-Pacific Recent Past, Current &
Future Analysis for Acetic Acid by End Use Segments - VAM,
Acetic Anhydride, Ethyl Acetate, Butyl Acetate, Other
Acetates, PTA, and Other Markets Independently Analyzed with
Annual Sales in Thousand Tons for the Years 2001 through
2010 (includes corresponding Graph/Chart) III-55

Table 109: Rest of Asia-Pacific Long-term Projections for
Acetic Acid by End Use Segments - VAM, Acetic Anhydride,
Ethyl Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in
Thousand Tons for the Years 2011 through 2015 (includes
corresponding Graph/Chart) III-56

Table 110: Rest of Asia-Pacific Historic Review for Acetic
Acid by End Use Segments - VAM, Acetic Anhydride, Ethyl
Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in Thousand
Tons for the Years 1991 through 2000 (includes
corresponding Graph/Chart) III-56

Table 111: Rest of Asia-Pacific 15-Year Perspective for
Acetic Acid by End Use Segments - Percentage Breakdown by
Volume Sales for VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets for the
Years 1998, 2008 & 2012 (includes corresponding
Graph/Chart) III-57

6. Latin America III-58
Market Analysis III-58
Table 112: Latin America Recent Past, Current & Future
Analysis for Acetic Acid by End Use Segments - VAM, Acetic
Anhydride, Ethyl Acetate, Butyl Acetate, Other Acetates,
PTA, and Other Markets Independently Analyzed with Annual
Sales in Thousand Tons for the Years 2001 through 2010
(includes corresponding Graph/Chart) III-58

Table 113: Latin America Long-term Projections for Acetic
Acid by End Use Segments - VAM, Acetic Anhydride, Ethyl
Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in Thousand
Tons for the Years 2011 through 2015 (includes
corresponding Graph/Chart) III-59

Table 114: Latin America Historic Review for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-59

Table 115: Latin America 15-Year Perspective for Acetic Acid
by End Use Segments - Percentage Breakdown by Volume Sales
for VAM, Acetic Anhydride, Ethyl Acetate, Butyl Acetate,
Other Acetates, PTA, and Other Markets for the Years 1998,
2008 & 2012 (includes corresponding Graph/Chart) III-60

7. Rest of World III-61
A.Market Analysis III-61
Strategic Corporate Developments III-61
B.Market Analytics III-62
Table 116: Rest of World Recent Past, Current & Future
Analysis for Acetic Acid by End Use Segments - VAM, Acetic
Anhydride, Ethyl Acetate, Butyl Acetate, Other Acetates,
PTA, and Other Markets Independently Analyzed with Annual
Sales in Thousand Tons for the Years 2001 through 2010
(includes corresponding Graph/Chart) III-62

Table 117: Rest of World Long-term Projections for Acetic
Acid by End Use Segments - VAM, Acetic Anhydride, Ethyl
Acetate, Butyl Acetate, Other Acetates, PTA, and Other
Markets Independently Analyzed with Annual Sales in Thousand
Tons for the Years 2011 through 2015 (includes
corresponding Graph/Chart) III-63

Table 118: Rest of World Historic Review for Acetic Acid by
End Use Segments - VAM, Acetic Anhydride, Ethyl Acetate,
Butyl Acetate, Other Acetates, PTA, and Other Markets
Independently Analyzed with Annual Sales in Thousand Tons
for the Years 1991 through 2000 (includes corresponding
Graph/Chart) III-63

Table 119: Rest of World 15-Year Perspective for Acetic
Acid by End Use Segments - Percentage Breakdown by Volume
Sales for VAM, Acetic Anhydride, Ethyl Acetate, Butyl
Acetate, Other Acetates, PTA, and Other Markets for the
Years 1998, 2008 & 2012 (includes corresponding
Graph/Chart) III-64


IV. COMPETITIVE LANDSCAPE