Production of Glacial Acetic Acid. Investment Opportunities in Chemical Industry.

Production of Glacial Acetic Acid

 

Production of Glacial Acetic Acid. Investment Opportunities in Chemical Industry.

Glacial acetic acid is the anhydrous (undiluted or free of water) form of acetic acid. Acetic acid is considered an organic compound and has the chemical formula CH3COOH. A diluted solution of acetic acid is known as vinegar or ethnic acid or ethylic acid. The common name for ethanoic acid is acetic acid. A solution of 4 percent or more acetic acid and water is called ‘vinegar.’ The formula for acetic acid is CH3COOH.

Acetic acid that contains a very low amount of water (less than 1%) is called anhydrous (water-free) acetic acid or glacial acetic acid. The reason it’s called glacial is because it solidifies into solid acetic acid crystals just cooler than room temperature at 16.7 °C, which ice.

Glacial acetic acid is an excellent polar solvent. It is frequently used as a solvent for recrystallization to purify organic compounds. Glacial acetic acid is used in analytical chemistry for the estimation of weakly alkaline substance

Acetic acid has been used for centuries in food production, manufacturing, cleaning, and even medical purposes. Generally, undiluted glacial acetic acid has no medical use, but a review of the literature reveals that acetic acid in diluted concentrations has been used for a variety of indications.

Pure water-free acetic acid is called glacial acetic acid. It is a colorless liquid that absorbs water from the environment and freezes at 16.7 °C to a colorless crystalline solid. It is a weak acid and is known as Glacial because on freezing it forms needle shape crystals .It is a clear colorless liquid with a pungent odor. It is obtained by the destructive distillation of wood by oxidation of acetylene and water by air or by the oxidation of ethyl alcohol by aerobic bacteria as in the production of vinegar. Glacial acetic acid is strongly corrosive and potentially flammable having a low flash point. Home vinegar is five percent by mass acetic acid. Dilute acetic acid in the form of vinegar has many home and culinary purposes.

Uses

Market Outlook

Acetic acid is used in the manufacturing of coatings, greases, polyesters and sealants which find applications in a number of industries such as electronics, automobiles, textiles, and packaging.

Presently polyethylene terephthalate (PET) bottles are gaining popularity in the medical and consumer goods sectors as they are lightweight and recyclable in nature. As PET bottles are manufactured by using purified terephthalic acid (PTA), produced from acetic acid their mounting demand is catalyzing the growth of the market.

At present China is the largest glacial acetic acid market and is expected to grow on account of increasing demand for the end use applications in the region. Increasing industrialization in the nation is expected to drive the market demand over the next seven years. In addition China being the one of the largest producers of automobiles is expected to have a huge market for sealants and adhesives which in turn is expected to propel glacial acetic acid demand. Owing to availability of cheap labor coupled with the ease of availability of raw material, China glacial acetic acid market anticipates to witness high growth.

A rise has been witnessed in the consumption of vinegar as it helps in reducing weight maintaining blood pressure and regulating blood sugar and cholesterol levels. As acetic acid is used in the manufacturing of vinegar it is impelling the overall growth of the market.

Polyethylene terephthalate (PET) bottles are gaining popularity in the medical and consumer goods sectors as they are lightweight and recyclable in nature. As PET bottles are manufactured by using purified terephthalic acid (PTA), produced from acetic acid, their mounting demand is catalyzing the growth of the market. A rise has been witnessed in the consumption of vinegar as it helps in reducing weight, maintaining blood pressure, and regulating blood sugar and cholesterol levels. As acetic acid is used in the manufacturing of vinegar, it is impelling the overall growth of the market.

Manufacturers of acetic acid are increasingly adopting new technologies like BP’s Captiva and Celanese’s AO-plus (Acid Optimization Plus) which deliver significant savings in variable costs as well as lower capital costs for the construction of new plants. Besides this they also increase the capacity enhance the production efficiency and reduce the energy consumption by approximately 30% and lower operating costs. The increasing adoption of these emerging technologies for producing the chemical and its derivatives is creating a positive growth of the industry.

Global Glacial Acetic Acid market size will increase to Million US$ by 2025 from Million US$ in 2017 at a CAGR. 2017 has been considered as the base year and 2018 to 2025.

The progression can be attributed to the exploding construction sector disrupted by the demand to provide habitat for blooming global population. The global acetic acid market is determined to capitalize on such bourgeoning construction of infrastructures globally. A majority of acetic acid production is invested in the manufacturing of vinyl acetate monomer or VAM an integral component used to make essential construction commodities such as paints and adhesives. Increase in disposable income has diverted consumers towards affordability of architectural decorations hence supplementing the purchasing of paints and coatings.

 Key Players

Celanese, Eastman Chemical Company, Qingdao Huatuo Chemicals Co. Ltd., Henan CXH Purity Industrial And Trading Co. Ltd., Zhengzhou Kelai Chemical Co. Ltd., HarvinImpex Pvt. Ltd. India, Ultra Chemical Works, A.B. Enterprises, Akchem and Chemical Point UG. British Petroleum Plc, Celanese Corporation, Daicel Corporation, DuPont, Eastman Chemical Company, GNFC Limited, HELM AG, LyondellBasell Industries N.V, Mitsubishi Chemical Corporation, PetroChina, SABIC, Showa Denko K.K, Sinopec, Svensk Etanolkemi AB (SEKAB), Wacker Chemie AG

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