Report Overview:
Acetic acid (CH3COOH) is a clear, colorless liquid with a vinegar-like odor produced as a byproduct of bacterial fermentation. It is employed in various industrial processes to produce substrates and chemical compounds, such as anhydride, ester, vinyl acetate monomer, and vinegar. It is also used in the manufacturing of plastics, dyes, insecticides, photographic chemicals, acetic esters, and rubber. Apart from this, it is utilized for medical purposes, such as the treatment of bacterial and fungal infections. CH3COOH finds extensive applications in commercial pickling and condiments like mayonnaise, mustard, and ketchup. At present, it is widely utilized in plastic and polymers, food and beverage (F&B), inks, paints and coatings, chemicals, and pharmaceutical industries across the globe.
Rising disposable incomes and increasing construction activities are resulting in the growing use of solvents, such as vinyl acetate monomer (VAM), in the manufacturing of paints, coatings, adhesives, and sealants. This represents one of the key factors positively influencing the market across the globe. Moreover, purified terephthalic acid (PTA), produced from acetic acid, is widely used in the manufacturing of polyethylene terephthalate (PET) bottles. This, along with the growing traction of PET bottles due to their lightweight and recyclability, is creating a positive market outlook. Apart from this, acetic acid is used in the examination of the uterine cervix for the detection of cervical precancerous lesions and early invasive cancer. This, in confluence with the integration of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), in automated cervical cancer screening, is supporting the growth of the market. In addition, the widespread use of a dilute solution of acetic acid on livestock silage to counter bacterial and fungal growth is contributing to the market growth. Furthermore, researchers are focusing on the biological production of acetic acid using inorganic substrates, such as carbon dioxide (CO2) and carbon monoxide (CO), which is projected to stimulate the market growth.
The report provides a techno-commercial roadmap for setting up a acetic acid manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the acetic acid industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the acetic acid industry.
The project report covers the following aspects of the acetic acid market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Acetic Acid Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Breakup by Segment
4.5 Market Breakup by Region
4.6 Price Trends
4.6.1 Raw Material Price Trends
4.6.2 Acetic Acid Price Trends
4.6.3 Product Margins
4.7 Market Forecast
5 Acetic Acid Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Acetic Acid Market: Major Drivers and Challenges
Figure 2: Global: Acetic Acid Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Acetic Acid Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Acetic Acid Market: Breakup by Segment (in %), 2022
Figure 5: Global: Acetic Acid Market: Breakup by Region (in %), 2022
Figure 6: Acetic Acid Raw Materials: Price Trends, 2017 & 2022
Figure 7: Acetic Acid: Price Trends, 2017 & 2022
Figure 8: Acetic Acid: Margins Across Various Stages of the Supply Chain
Figure 9: Acetic Acid Manufacturing Plant: Breakup of Costs
Figure 10: Acetic Acid Price Structure
Figure 11: Acetic Acid: Manufacturing Process Flow
Figure 12: Acetic Acid: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Acetic Acid Manufacturing Plant Layout
List of Tables
Table 1: Acetic Acid Manufacturing Plant: Raw Material Requirements
Table 2: Acetic Acid Manufacturing Plant: Project Planning
Table 3: Acetic Acid Manufacturing Plant: Phasing of Development
Table 4: Acetic Acid Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Acetic Acid Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Acetic Acid Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Acetic Acid Manufacturing Plant: Costs Related to Machinery
Table 8: Acetic Acid Manufacturing Plant: List of Machinery Suppliers
Table 9: Acetic Acid Manufacturing Plant: Costs Related to Raw Materials
Table 10: Acetic Acid Manufacturing Plant: List of Raw Material Suppliers
Table 11: Acetic Acid Manufacturing Plant: Costs Related to Packaging
Table 12: Acetic Acid Manufacturing Plant: Costs Related to Utilities
Table 13: Acetic Acid Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Acetic Acid Manufacturing Plant: Capital Costs
Table 15: Acetic Acid Manufacturing Plant: Operating Costs
Table 16: Acetic Acid Manufacturing Plant: Taxation
Table 17: Acetic Acid Manufacturing Plant: Depreciation
Table 18: Acetic Acid Manufacturing Plant: Income Projections
Table 19: Acetic Acid Manufacturing Plant: Expenditure Projections
Table 20: Acetic Acid Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Acetic Acid Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Acetic Acid Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Acetic Acid Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Acetic Acid Manufacturing Plant: Profit and Loss Account
Table 25: Acetic Acid Manufacturing Plant: Discount Factor Rate
Table 26: Acetic Acid Manufacturing Plant: Sensitivity Analysis
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