Market Research Logo

Global Acetic Acid Category - Procurement Market Intelligence Report

Global Acetic Acid Category - Procurement Market Intelligence Report

About Acetic Acid Market

One of the key growth contributors for the global acetic acid supply market is the increase in innovation initiatives by suppliers has resulted in improvements in production processes, which has enhanced the demand for acetic acid due to the assurance of quality.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Acetic Acid Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Acetic Acid Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Improvements in production processes
  • For a full, detailed list, view our report
Category constraints
  • Complexities in evaluating proprietary technologies
  • For a full, detailed list, view our report
Procurement best practices
  • Conducting facility pre-screening walks
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Acetic Acid Category - Procurement Market Intelligence Report 2017-2021.

SpendEdge recognizes the following companies as the key suppliers in the Global Acetic Acid Category - Procurement Market Intelligence Report: Celanese, Eastman Chemical Company, Jiangsu Sopo, Wacker Chemie, and Sinopec.

Commenting on the report, an analyst from SpendEdge said: “Buyers need to conduct a thorough pre-screening walk to ensure that the supplier's production facility meets all the necessary health, safety, and environment laws as well as ensure that they have incorporated best practices to maximize efficiency and eliminate waste.”

According to the report, one of the key growth contributors for the global acetic acid supply market is the increase in innovation initiatives by suppliers has resulted in improvements in production processes.

Further, the report states that a major procurement challenge faced by the buyers are the challenges in evaluating proprietary technologies. The buyers must enter into strategic partnerships with suppliers to gain greater visibility on proprietary technologies to counter this specific procurement pain point.

Companies Mentioned

Celanese, Eastman Chemical Company, Jiangsu Sopo, Wacker Chemie, and Sinopec.

PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Molasses Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
CELANESE
EASTMAN CHEMICAL COMPANY
JIANGSU SOPO
WACKER CHEMIE
SINOPEC
PART 8: APPENDIX
Glossary
Key Notes
About Us

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report