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Global sales will grow by 5% acetic acid

International marketing consulting company ” big vision research ,” recently released a research report, vinyl acetate monomer (VAM) and the growth in demand for refined terephthalic acid (PTA) and other applications will drive the next six years the global market for acetic acid demand , 2014 to 2020 global sales CAGR of 5.1% acetic acid in 2020 will reach $ 12.2 billion . Insiders said that the industry has recently invested a lot of money in acetic acid research and development, heralded by the alternative sources of raw materials to produce acetic acid may have a significant opportunity. Continue reading