Global Acetic Acid Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants

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Published: October 01, 2019 Report Code: GDCH0068ICR-ST

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Global acetic acid capacity is expected to experience considerable growth over the next five years from 17.90 mtpa in 2018 to 21.66 mtpa by 2023. Around nine planned and announced acetic acid plants are expected to come online, predominantly in Asia over the upcoming years. Oman Oil Co SAOC, Celanese Corp and Shanghai Huayi (Group) Co are the top three companies accounting for the planned and announced capacity additions during the outlook period.

Scope

Global acetic acid capacity outlook by region

Global acetic acid capacity outlook by country

Acetic acid planned and announced plants details

Capacity share of the major acetic acid producers globally

Global acetic acid capital expenditure outlook by region

Global acetic acid capital expenditure outlook by country

Reasons to Buy

Obtain the most up to date information available on all active, planned and announced acetic acid plants globally

Understand regional acetic acid supply scenario

Identify opportunities in the global acetic acid industry with the help of upcoming projects and capital expenditure outlook

Facilitate decision making on the basis of strong historical and forecast of acetic acid capacity data

Table of Contents

1. Table of Contents 1

1.1. List of Tables 5

1.2. List of Figures 9

2. Global Acetic Acid Capacity and Capital Expenditure Review 11

2.1. Global Acetic Acid Industry, An Overview 11

2.2. Global Acetic Acid Industry, Capacity by Key Countries, 2013–2023 11

2.3. Global Acetic Acid Industry, Capacity Share vis-à-vis Growth by Key Countries, 2013–2018 12

2.4. Global Acetic Acid Industry, Planned and Announced Plants 13

2.5. Global Acetic Acid Industry, Installed Plant Capacity by Production Process, 2018 14

2.6. Global Acetic Acid Capacity Contribution by Region 18

2.7. Key Companies by Acetic Acid Capacity Contribution (% Share), 2018 19

2.8. Key Countries by Active Global Capacity Contribution to Acetic Acid Industry 21

2.9. Regional Capacity Additions from Planned and Announced Plants 22

2.10. Global Capacity Additions from Planned and Announced Plants by Key Countries 23

2.11. Global Capacity Additions from Planned and Announced Plants by Key Companies 24

2.12. Regional Capex Spending on Planned and Announced Plants 25

2.13. Global Capex Spending on Planned and Announced Plants by Key Countries 26

3. Global Planned and Announced Acetic Acid Plants 27

4. Asia Acetic Acid Industry 28

4.1. Asia Acetic Acid Industry, An Overview 28

4.2. Asia Acetic Acid Industry, Capacity by Key Countries, 2013–2023 28

4.3. Asia Acetic Acid Industry, Capacity Share vis-à-vis Growth by Key Countries, 2013–2018 29

4.4. Asia Acetic Acid Industry, Installed Plant Capacity by Production Process, 2018 30

4.5. Asia Acetic Acid Industry, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants 34

4.6. Asia Acetic Acid Industry, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country 35

4.7. Acetic Acid Industry in China 36

4.7.1. China Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 36

4.8. Acetic Acid Industry in India 39

4.8.1. India Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 39

4.9. Acetic Acid Industry in Malaysia 41

4.9.1. Malaysia Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 41

4.10. Acetic Acid Industry in South Korea 41

4.10.1. South Korea Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 41

4.11. Acetic Acid Industry in Taiwan 42

4.11.1. Taiwan Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 42

4.12. Acetic Acid Industry in Singapore 43

4.12.1. Singapore Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 43

4.13. Acetic Acid Industry in Indonesia 43

4.13.1. Indonesia Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 43

4.14. Acetic Acid Industry in Japan 44

4.14.1. Japan Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 44

4. Europe Acetic Acid Industry 45

4.1. Europe Acetic Acid Industry, An Overview 45

4.2. Europe Acetic Acid Industry, Capacity by Countries, 2013–2023 45

4.3. Europe Acetic Acid Industry, Capacity Share vis-à-vis Growth by Countries, 2013–2018 46

4.4. Europe Acetic Acid Industry, Installed Plant Capacity by Production Process, 2018 47

4.5. Europe Acetic Acid Industry, Installed Plant Capacity by Technology, 2018 47

4.6. Acetic Acid Industry in Serbia 48

4.6.1. Serbia Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 48

4.7. Acetic Acid Industry in United Kingdom 48

4.7.1. United Kingdom Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 48

5. Former Soviet Union Acetic Acid Industry 49

5.1. Former Soviet Union Acetic Acid Industry, An Overview 49

5.2. Former Soviet Union Acetic Acid Industry, Capacity by Countries, 2013–2023 49

5.3. Former Soviet Union Acetic Acid Industry, Capacity Share vis-à-vis Growth by Countries, 2013–2018 50

5.4. Former Soviet Union Acetic Acid Industry, Installed Plant Capacity by Production Process, 2018 51

5.5. Former Soviet Union Acetic Acid Industry, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants 53

5.6. Former Soviet Union Acetic Acid Industry, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country 54

5.7. Acetic Acid Industry in Russia 55

5.7.1. Russia Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 55

5.8. Acetic Acid Industry in Armenia 56

5.8.1. Armenia Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 56

5.9. Acetic Acid Industry in Ukraine 56

5.9.1. Ukraine Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 56

6. Middle East Acetic Acid Industry 57

6.1. Middle East Acetic Acid Industry, An Overview 57

6.2. Middle East Acetic Acid Industry, Capacity by Countries, 2013–2023 57

6.3. Middle East Acetic Acid Industry, Capacity Share vis-à-vis Growth by Countries, 2013–2018 58

6.4. Middle East Acetic Acid Industry, Installed Plant Capacity by Production Process, 2018 59

6.5. Middle East Acetic Acid Industry, Installed Plant Capacity by Technology, 2018 61

6.6. Middle East Acetic Acid Industry, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants 64

6.7. Middle East Acetic Acid Industry, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country 65

6.8. Acetic Acid Industry in Iran 66

6.8.1. Iran Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 66

6.9. Acetic Acid Industry in Saudi Arabia 67

6.9.1. Saudi Arabia Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 67

6.10. Acetic Acid Industry in Oman 68

6.10.1. Oman Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 68

7. North America Acetic Acid Industry 69

7.1. North America Acetic Acid Industry, An Overview 69

7.2. North America Acetic Acid Industry, Capacity by Country, 2013–2023 69

7.3. North America Acetic Acid Industry, Capacity Share vis-à-vis Growth by Country, 2013–2018 70

7.4. North America Acetic Acid Industry, Installed Plant Capacity by Production Process, 2018 71

7.5. North America Acetic Acid Industry, Installed Plant Capacity by Technology, 2018 73

7.6. North America Acetic Acid Industry, Annual Expansion Capital Expenditure Outlook for Active Plants 76

7.7. North America Acetic Acid Industry, Annual Expansion Capital Expenditure Outlook for Active Plants by Country 77

7.8. Acetic Acid Industry in the US 78

7.8.1. The US Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 78

8. South America Acetic Acid Industry 79

8.1. South America Acetic Acid Industry, An Overview 79

8.2. South America Acetic Acid Industry, Capacity by Countries, 2013–2023 79

8.3. South America Acetic Acid Industry, Capacity Share vis-à-vis Growth by Countries, 2013–2018 80

8.4. South America Acetic Acid Industry, Installed Plant Capacity by Production Process, 2018 81

8.5. Acetic Acid Industry in Brazil 83

8.5.1. Brazil Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 83

8.6. Acetic Acid Industry in Argentina 84

8.6.1. Argentina Acetic Acid Industry, Plants Capacity (mtpa), 2013–2023 84

9. Appendix 85

9.1. Definitions 85

9.1.1. Installed Capacity 85

9.2. Abbreviations 85

9.3. Status Definition 85

9.4. Methodology 85

9.4.1. Coverage 86

9.4.2. Secondary Research 86

9.5. Contact Us 86

9.6. Disclaimer 86

Table

Table 1: Acetic Acid Industry, Global, Key Statistics, 2018 11

Table 2: Acetic Acid Industry, Global, Capacity by Key Countries (mtpa), 2013–2023 11

Table 3: Acetic Acid Industry, Global, Planned and Announced Plants Details, 2019–2023 13

Table 4: Global, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 15

Table 5: Global Acetic Acid Industry, Installed Plant Capacity by Methanol Carbonylation, 2018 15

Table 6: Global Acetic Acid Industry, Installed Plant Capacity by Acetaldehyde Oxidation, 2018 16

Table 7: Global Acetic Acid Industry, Installed Plant Capacity by Ethanol Oxidation, 2018 16

Table 8: Global Acetic Acid Industry, Installed Plant Capacity by Ethylene Oxidation, 2018 17

Table 9: Global Acetic Acid Industry, Installed Plant Capacity by Ethanol-aldehyde process, 2018 17

Table 10: Acetic Acid Industry, Global, Capacity by Region (mtpa), 2018–2023 18

Table 11: Acetic Acid Industry, Global, Capacity Share of Top 10 Companies (%), 2018 20

Table 12: Acetic Acid Industry, Global, Active Acetic Acid Capacity of Top 10 Countries (mtpa), 2018 21

Table 13: Acetic Acid Industry, Global, Planned and Announced Capacity Additions by Region (mtpa), 2023 22

Table 14: Acetic Acid Industry, Global, Planned and Announced Capacity Additions by Countries (mtpa), 2023 23

Table 15: Acetic Acid Industry, Global, Planned and Announced Capacity Additions by Top 10 Companies (mtpa), 2023 24

Table 16: Acetic Acid Industry, Global, Total Capex Spending on Planned and Announced Plants by Region (US$ mil), 2019–2023 25

Table 17: Acetic Acid Industry, Global, Total Capex Spending on Planned and Announced Plants by Countries (US$ mil), 2019–2023 26

Table 18: Global, Planned and Announced Acetic Acid Plants Details 27

Table 19: Acetic Acid Industry, Asia, Key Statistics, 2018 28

Table 20: Acetic Acid Industry, Asia, Capacity by Key Countries (mtpa), 2013–2023 28

Table 21: Asia, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 31

Table 22: Asia Acetic Acid Industry, Installed Plant Capacity by Methanol Carbonylation, 2018 31

Table 23: Asia Acetic Acid Industry, Installed Plant Capacity by Acetaldehyde Oxidation, 2018 32

Table 24: Asia Acetic Acid Industry, Installed Plant Capacity by Ethanol Oxidation, 2018 32

Table 25: Asia Acetic Acid Industry, Installed Plant Capacity by Ethylene Oxidation, 2018 33

Table 26: Asia Acetic Acid Industry, Installed Plant Capacity by Ethanol-aldehyde process, 2018 33

Table 27: Acetic Acid Industry, Asia, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants (US$ mil), 2019–2023 34

Table 28: Acetic Acid Industry, Asia, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country (US$ mil), 2019–2023 35

Table 29: Acetic Acid Industry, China, Capacity by Major Plants (mtpa) 2013–2023 36

Table 30: Acetic Acid Industry, India, Capacity by Major Plants (mtpa) 2013–2023 39

Table 31: Acetic Acid Industry, Malaysia, Capacity by Major Plants (mtpa) 2013–2023 41

Table 32: Acetic Acid Industry, South Korea, Capacity by Major Plants (mtpa) 2013–2023 41

Table 33: Acetic Acid Industry, Taiwan, Capacity by Major Plants (mtpa) 2013–2023 42

Table 34: Acetic Acid Industry, Singapore, Capacity by Major Plants (mtpa) 2013–2023 43

Table 35: Acetic Acid Industry, Indonesia, Capacity by Major Plants (mtpa) 2013–2023 43

Table 36: Acetic Acid Industry, Japan, Capacity by Major Plants (mtpa) 2013–2023 44

Table 37: Acetic Acid Industry, Europe, Key Statistics, 2018 45

Table 38: Acetic Acid Industry, Europe, Capacity by Countries (mtpa), 2013–2023 45

Table 39: Acetic Acid Industry, Serbia, Capacity by Major Plants (mtpa) 2013–2023 48

Table 40: Acetic Acid Industry, United Kingdom, Capacity by Major Plants (mtpa) 2013–2023 48

Table 41: Acetic Acid Industry, Former Soviet Union, Key Statistics, 2018 49

Table 42: Acetic Acid Industry, Former Soviet Union, Capacity by Countries (mtpa), 2013–2023 49

Table 43: Former Soviet Union, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 51

Table 44: Former Soviet Union Acetic Acid Industry, Installed Plant Capacity by Methanol Carbonylation, 2018 52

Table 45: Acetic Acid Industry, Former Soviet Union, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants (US$ mil), 2019–2023 53

Table 46: Acetic Acid Industry, Former Soviet Union, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country (US$ mil), 2019–2023 54

Table 47: Acetic Acid Industry, Russia, Capacity by Major Plants (mtpa) 2013–2023 55

Table 48: Acetic Acid Industry, Armenia, Capacity by Major Plants (mtpa) 2013–2023 56

Table 49: Acetic Acid Industry, Ukraine, Capacity by Major Plants (mtpa) 2013–2023 56

Table 50: Acetic Acid Industry, Middle East, Key Statistics, 2018 57

Table 51: Acetic Acid Industry, Middle East, Capacity by Countries (mtpa), 2013–2023 57

Table 52: Middle East, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 59

Table 53: Middle East Acetic Acid Industry, Installed Plant Capacity by Methanol Carbonylation, 2018 60

Table 54: Middle East Acetic Acid Industry, Installed Plant Capacity by Ethane Oxidation, 2018 60

Table 55: Middle East Acetic Acid Industry, Installed Plant Capacity by Ethylene Oxidation, 2018 60

Table 56: Middle East, Acetic Acid Industry, Installed Plant Capacity by Technology (%) 2018 62

Table 57: Middle East, Acetic Acid Industry, Installed Plant Capacity by Eastman Chemical Company Acetic Acid Technology, 2018 62

Table 58: Middle East, Acetic Acid Industry, Installed Plant Capacity by Khimteknologie(Russia) Acetic Acid Technology, 2018 62

Table 59: Middle East, Acetic Acid Industry, Installed Plant Capacity by SABIC Acetic Acid Technology, 2018 62

Table 60: Middle East, Acetic Acid Industry, Installed Plant Capacity by Celanese Acetic Acid Technology, 2018 63

Table 61: Acetic Acid Industry, Middle East, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants (US$ mil), 2019–2023 64

Table 62: Acetic Acid Industry, Middle East, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country (US$ mil), 2019–2023 65

Table 63: Acetic Acid Industry, Iran, Capacity by Major Plants (mtpa) 2013–2023 66

Table 64: Acetic Acid Industry, Saudi Arabia, Capacity by Major Plants (mtpa) 2013–2023 67

Table 65: Acetic Acid Industry, Oman, Capacity by Major Plants (mtpa) 2013–2023 68

Table 66: Acetic Acid Industry, North America, Key Statistics, 2018 69

Table 67: Acetic Acid Industry, North America, Capacity by Country (mtpa), 2013–2023 69

Table 68: North America, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 71

Table 69: North America Acetic Acid Industry, Installed Plant Capacity by Methanol Carbonylation, 2018 72

Table 70: North America, Acetic Acid Industry, Installed Plant Capacity by Technology (%) 2018 74

Table 71: North America, Acetic Acid Industry, Installed Plant Capacity by Celanese Acetic Acid Technology, 2018 74

Table 72: North America, Acetic Acid Industry, Installed Plant Capacity by BP Acetic Acid Technology, 2018 74

Table 73: North America, Acetic Acid Industry, Installed Plant Capacity by LyondellBasell Glacido Acetic Acid Technology, 2018 74

Table 74: North America, Acetic Acid Industry, Installed Plant Capacity by Eastman Chemical Company Acetic Acid Technology, 2018 75

Table 75: Acetic Acid Industry, North America, Annual Expansion Capital Expenditure Outlook for Active Plants (US$ mil), 2019–2023 76

Table 76: Acetic Acid Industry, North America, Annual Expansion Capital Expenditure Outlook for Active Plants by Country (US$ mil), 2019–2023 77

Table 77: Acetic Acid Industry, The US, Capacity by Major Plants (mtpa) 2013–2023 78

Table 78: Acetic Acid Industry, South America, Key Statistics, 2018 79

Table 79: Acetic Acid Industry, South America, Capacity by Countries (mtpa), 2013–2023 79

Table 80: South America, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 81

Table 81: South America Acetic Acid Industry, Installed Plant Capacity by Acetaldehyde Oxidation, 2018 82

Table 82: South America Acetic Acid Industry, Installed Plant Capacity by Ethanol-aldehyde process, 2018 82

Table 83: Acetic Acid Industry, Brazil, Capacity by Major Plants (mtpa) 2013–2023 83

Table 84: Acetic Acid Industry, Argentina, Capacity by Major Plants (mtpa) 2013–2023 84

Figures

Figure 1: Global Acetic Acid Industry, Capacity Share vis-à-vis Growth by Key Countries, 2013–2018 12

Figure 2: Global, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 14

Figure 3: Acetic Acid Industry, Global, Capacity by Region (mtpa), 2018–2023 18

Figure 4: Acetic Acid Industry, Global, Capacity Share of Top 10 Companies (%), 2018 19

Figure 5: Acetic Acid Industry, Global, Active Acetic Acid Capacity of Top 10 Countries (mtpa), 2018 21

Figure 6: Acetic Acid Industry, Global, Planned and Announced Capacity Additions by Region (mtpa), 2023 22

Figure 7: Acetic Acid Industry, Global, Planned and Announced Capacity Additions by Countries (mtpa), 2023 23

Figure 8: Acetic Acid Industry, Global, Planned and Announced Capacity Additions by Top 10 Companies (mtpa), 2023 24

Figure 9: Acetic Acid Industry, Global, Total Capex Spending on Planned and Announced Plants by Region (US$ mil), 2019–2023 25

Figure 10: Acetic Acid Industry, Global, Total Capex Spending on Planned and Announced Plants by Countries (US$ mil), 2019–2023 26

Figure 11: Acetic Acid Industry, Asia, Capacity Share vis-à-vis Growth by Key Countries, 2013–2018 29

Figure 12: Asia, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 30

Figure 13: Acetic Acid Industry, Asia, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants (US$ mil), 2019–2023 34

Figure 14: Acetic Acid Industry, Asia, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country (US$ mil), 2019–2023 35

Figure 15: Acetic Acid Industry, Europe, Capacity Share vis-à-vis Growth by Countries, 2013–2018 46

Figure 16: Acetic Acid Industry, Former Soviet Union, Capacity Share vis-à-vis Growth by Countries, 2013–2018 50

Figure 17: Former Soviet Union, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 51

Figure 18: Acetic Acid Industry, Former Soviet Union, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants (US$ mil), 2019–2023 53

Figure 19: Acetic Acid Industry, Former Soviet Union, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country (US$ mil), 2019–2023 54

Figure 20: Acetic Acid Industry, Middle East, Capacity Share vis-à-vis Growth by Countries, 2013–2018 58

Figure 21: Middle East, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 59

Figure 22: Middle East, Acetic Acid Industry, Installed Plant Capacity by Technology (%) 2018 61

Figure 23: Acetic Acid Industry, Middle East, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants (US$ mil), 2019–2023 64

Figure 24: Acetic Acid Industry, Middle East, Annual New Build Capital Expenditure Outlook for Planned and Announced Plants by Country (US$ mil), 2019–2023 65

Figure 25: Acetic Acid Industry, North America, Capacity Share vis-à-vis Growth by Country, 2013–2018 70

Figure 26: North America, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 71

Figure 27: North America, Acetic Acid Industry, Installed Plant Capacity by Technology (%) 2018 73

Figure 28: Acetic Acid Industry, North America, Annual Expansion Capital Expenditure Outlook for Active Plants (US$ mil), 2019–2023 76

Figure 29: Acetic Acid Industry, North America, Annual Expansion Capital Expenditure Outlook for Active Plants by Country (US$ mil), 2019–2023 77

Figure 30: Acetic Acid Industry, South America, Capacity Share vis-à-vis Growth by Countries, 2013–2018 80

Figure 31: South America, Acetic Acid Industry, Installed Plant Capacity by Production Process (%) 2018 81

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