Acetic Acid:
Acetic acid is the same acid that is in vinegar. It can be manufactured two ways: fermentation (as in vinegar) and synthesized, which is primarily used in our industries. Glacial acetic acid is anhydrous (water free) acetic acid.
Interesting characteristics of acetic acid is that it freezes at 61F and is flammable at 102F, so storage can be an issue.
Market Dynamics:
Methanol is the primary building block for acetic acid and can heavily influence supply and demand. About 30% of the global acetic acid supply is used to produce Vinyl Acetate (VAM) a polymer used to make construction materials, and about 25% is used to make PTA a resin used to make bottles and fibers.
Up Stream Materials/Building Blocks:
Acetaldehyde
n-Butane
Butanediol (BDO)
Ethylene/ethane/methane
Ethanol
Naphtha
Down Stream Materials Consuming Acetic Acid:
Vinyl Acetate (VAM,)
-Paints
-Adhesives
-Textiles
-Paper
-Films (cellulose acetate)
-Chewing gum
Terephthalic Acid (PTA)
-Polyethulene Terphthalate (PET) bottles
-Polyester finbers
-Acetic Anydride
-Ethyl acetate
-Butyl Acetate
Polyvinyl acetate
-Wood glue
Cleaners/Descaling agents