Acetic Acid Market Growth 2021, Latest Trends, COVID-19 Impact, and Forecast to 2028 The global acetic acid market sizeis expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Market Driver: Advancements in Polymer Development to Bolster Growth The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films. Decreased Production to Hamper Market in COVID-19 Pandemic The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future. Regional Analysis: Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386

Acetic Acid Market Growth 2021, Latest Trends, COVID-19 Impact, and Forecast to 2028 The global acetic acid market size is expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Acetic Acid Market Size, Share & Industry Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Geography Forecast, 2020-2027.” The market size stood at USD 8.34 billion in 2019. Market Driver: Advancements in Polymer Development to Bolster Growth The growing technological advancements in polymers and products made out of VAM will significantly aid the expansion of the market. The growing demand for VAM in the production of ethylene vinyl alcohol (EVOH), a barrier resin in food packaging, gasoline tanks, and other engineering polymers will have an excellent effect on the market. Some other VAM derivatives such as vinyl chloride-vinyl acetate copolymers have applications in adhesives & sealants, which, in turn, will bolster the health of the market. Moreover, It also has applications in adhesive due to adhesion properties to different substrates that include wood, paper, metals, and plastic films. Decreased Production to Hamper Market in COVID-19 Pandemic The reduced production of chemicals has negatively impacted on the market growth. The shutdown of factories due to a shortage of laborers and diminished supply of raw materials can dwindle the sales, in turn, affecting the growth of the market. However, the demand for ethanoic acid alongside the high consumption of sanitizers will subsequently aid in the recovery of the business amid coronavirus. Besides, health and safety concerns in healthcare facilities will further improve the prospects of the market in the near future. Regional Analysis: Heavy Investments in Polymers to Promote Growth in Asia Pacific The market in Asia Pacific is expected to hold the largest share in the global market owing to the rising polymer formulations in the region. The chemical is a key raw material used for the production of polymers in industries across Japan, China, and India. China is a major leader in polymers and chemicals. China's capacity further helps in the high production of ethanoic acid. According, to Chemical Market Associates, Inc. (CMAI) 400,000 tons per year demand is in China, from the global average demand. The improving construction industry in India is expected to further boost growth in the region. Europe is expected to hold a significant share during the forecast period owing to the rising demand from end-use sectors. The growing import activities will aid expansion in Europe. Moreover, the high production of methanol carbonylation, which has accounted for up to 65% of the world capacity, and other process oxidation of acetaldehyde by German producer Wacker will significantly create opportunities for the market in the region. Information source: https://www.fortunebusinessinsights.com/acetic-acid-market-103386

Kayak Market Size, Share & Industry Analysis Report The Kayak Market is valued at around USD 171 million in 2022 and is expected to reach USD 250.5 million by 2030, registering a CAGR of 3.5% over the forecast period. A kayak is a long, narrow boat that can only hold a few passengers at once. While some consumers use it for leisure activities like fishing or downtime, others use it for risk-taking sports. The typical kayak design that is currently on the market features tow cockpits and also includes a storage area for supplies. They are designed to endure harsh weather and water conditions. Get the Detail Information: https://wemarketresearch.com/reports/kayak-market/765

Functional Fitness Equipment Market Size, Demand & Industry Analysis Report It is estimated for the global functional fitness market to witness growth at a CAGR of 6.1% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 4.8% during the previous forecast period of 2018 to 2021. Get the Detail Information: https://wemarketresearch.com/reports/functional-fitness-equipment-market/764

Softball Apparel Market Size, Demand & Industry Analysis The Softball Apparel Market is valued at around USD 330 Million in 2022 and is expected to reach USD 532.42 Million by 2030, registering a CAGR of 4.9% over the forecast period. Clothing made specifically for the sport of softball is referred to as softball apparel. Players, coaches, and fans can all wear it. The main goal of this kind of clothing is to protect and keep the wearer comfortable while they play or watch the game. Get the Detail Information: https://wemarketresearch.com/reports/softball-apparel-market/763

Fishing Rods Market Size, Share, Trend, Forecast, & Industry Analysis The Fishing Rods Market is valued at around USD 1,096.98 Million in 2022 and is expected to reach USD 1,149.64 Million by 2030, registering a CAGR of 4.8% over the forecast period. A fishing rod is a long, thin rod that anglers use to manipulate a line that ends in a hook to catch fish. Get the Detail Information: https://wemarketresearch.com/reports/fishing-rods-market/762

Dimethyl Carbonate Market Size, Industry Analysis Report The Dimethyl Carbonate Market is valued at around USD 1.2 billion in 2022 and is expected to reach USD 2.2 billion by 2030, registering a CAGR of 6.5% over the forecast period. An organic solvent called dimethyl carbonate (DMC) is a colourless liquid. Get the Detail Information: https://wemarketresearch.com/reports/dimethyl-carbonate-market/760

Argentina High Purity Calcium Oxide Market Size, Industry Analysis Report By form (Powder, Pallets, Pieces, Tablets), By end-use industry (Pharmaceuticals, Medical and food plastic, Odontology, Steelwork, Facial cosmetics, Mining) & Region – Forecasts 2022-2030 The Argentina High Purity Calcium Oxide Market size was USD 17.6 million in 2022, and is anticipated to grow to a value of more than USD 7,500.00 million by 2033, with an increasing CAGR (compound annual growth rate) of over 3% from 2023 to 2033. Calcium oxide (CaO), generally known as quicklime or burnt lime, is a broadly utilized chemical compound. It is a white, acidic, soluble, translucent strong at room temperature. The comprehensively utilized term ""lime"" implies calcium-containing inorganic materials, in which carbonates, oxides and hydroxides of calcium, silicon, magnesium, aluminium, and iron prevail. Conversely, quicklime explicitly applies to the single synthetic compound calcium oxide. Calcium oxide that endures handling without responding in building items, for example, concrete is called free lime. https://wemarketresearch.com/reports/argentina-high-purity-calcium-oxide-market/155/

AC Drive Market Industry Analysis, Size, Share, Trends, and Forecast 2030 An AC drive, also known as a variable frequency drive (VFD), is an electronic device that controls the speed and torque of an AC motor by varying the frequency and voltage of the electrical power supplied to it. Get Details :- https://wemarketresearch.com/reports/ac-drive-market/1009/

Palm Vein Recognition In Healthcare Market Industry Analysis, Size, Share, Trends and Forecast 2030 Palm vein recognition technology is an ideal solution for contactless biometric identification as it is non-invasive and does not require physical contact with the device. Get Details :- https://wemarketresearch.com/reports/palm-vein-recognition-in-healthcare-market/1004/