Acetic acid (CH3COOH) refers to a synthetic carboxylic acid that has antifungal and antibacterial properties. It comes in the form of a colorless, transparent, organic liquid with a pungent odor similar to that of household vinegar.
Acetic acid is commonly used as a solvent in the production of other chemicals, such as ester, vinegar, acetic anhydride, and vinyl acetate monomer (VAM). It is also used in the pharmaceutical, oil and gas, food and beverage industries.
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The growth of the global acetic acid market can be attributed to the growing demand for coatings, sealants, greases, and polyesters in various industries, such as automotive, packaging, electronics, and textiles.
Apart from this, the increasing use of ester solvents in the paints and coatings industry is further supporting the growth of the market.
Additionally, major players are developing new separation techniques to improve the efficiency of acetic acid production, which, in turn, is creating a positive outlook for the market.
The acetic acid project report covers the following aspects:
- Market Overview (Market Performance, Segments, Regional Outlook, Covid-19 Impact and Outlook)
- Manufacturing process:
- Project details, requirements and costs involved
- Project economy
- Regulatory procedures and approval
- Main success and risk factors
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