North Americaand Europedominate the global acetic ether market in terms of consumption and the trend is expected to continue during the forecast period. Demand for acetic ether in North America and Europe is expected to grow at a sluggish rate owing t increasing regulations.
London, UK -- (SBWIRE) -- 03/24/2015 -- Acetic ether is a colorless organic compound and is formed by the reaction of ethanol with acetic acid. Acetic ether is mainlyemployed as solvent in various application segments such as coatings formulations such as urethanes, cellulosic, vinyl and acrylics among others .Other niche applications include nail polish removers, glue and cigarettes among others. Cellulosic application segment dominates the global demand for acetic ether.
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Acetic ether has low production cost as compared to its substitute which has been a major factor driving growth for acetic ether. Growth in several end user segments such as laboratory experiments and wine are some other growth drivers for the industr. Acetic ether has high flammability and causes several health hazards such as skin irritation, vomiting, dizziness which have been major factors restraining growth for the industry. Research and development activities to increase the application scope are expected to offer huge growth opportunity for the industry.
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North Americaand Europedominate the global acetic ether market in terms of consumption and the trend is expected to continue during the forecast period. Demand for acetic ether in North America and Europe is expected to grow at a sluggish rate owing t increasing regulations. Developing economies of China, India and Brazil are among the major producers for the market. Asia Pacific region is expected to be the fastest growing region mainly owing to the emerging economies of India and China.Demand for acetic acid in RoW region is primarily driven by growth in Latin America region.
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