Global Acetic Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Acetic Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Acetic Acid market size was valued at USD 11190 million in 2023 and is forecast to a readjusted size of USD 14370 million by 2030 with a CAGR of 3.6% during review period.

Acetic acid is a colourless liquid organic compound with the chemical formula CH3COOH (also written as CH3CO2H or C2H4O2). When undiluted, it is sometimes called glacial acetic acid. Vinegar is roughly 3–9% acetic acid by volume, making acetic acid the main component of vinegar apart from water. Acetic acid has a distinctive sour taste and pungent smell. In addition to household vinegar, it is mainly produced as a precursor to polyvinyl acetate and cellulose acetate. It is classified as a weak acid since it only partially dissociates in solution, but concentrated acetic acid is corrosive and can attack the skin.

China is the world’s largest producer of acetic acid, accounting for 52.70% of the world’s total production capacity in 2017. Besides, Celanese’s acetic acid plant has become the world’s largest acetic acid production plant, its production capacity has reached 3150 K MT. BP-Amoco company is the No.1 of European producers, with the production capacity of 2800 K MT.

The Global Info Research report includes an overview of the development of the Acetic Acid industry chain, the market status of Vinyl Acetate Monomer (Acetic Acid(36% to 38%), Glacial Acetic Acid(More than 98%)), Purified Terephthalic Acid (Acetic Acid(36% to 38%), Glacial Acetic Acid(More than 98%)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Acetic Acid.

Regionally, the report analyzes the Acetic Acid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Acetic Acid market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Acetic Acid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Acetic Acid industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Acetic Acid(36% to 38%), Glacial Acetic Acid(More than 98%)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Acetic Acid market.

Regional Analysis: The report involves examining the Acetic Acid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Acetic Acid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Acetic Acid:

Company Analysis: Report covers individual Acetic Acid manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Acetic Acid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Vinyl Acetate Monomer, Purified Terephthalic Acid).

Technology Analysis: Report covers specific technologies relevant to Acetic Acid. It assesses the current state, advancements, and potential future developments in Acetic Acid areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Acetic Acid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Acetic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Acetic Acid(36% to 38%)
Glacial Acetic Acid(More than 98%)

Market segment by Application
Vinyl Acetate Monomer
Purified Terephthalic Acid
Acetic Anhydride
Others

Major players covered
Celanese
Bp
Eastman
Daicel
Lyondellbasell
Jiangsu Sopo
Shanghai Huayi
Kingboard Chemical
Shandong Hualu-Hengsheng
Yankuang Cathay Coal Chemicals
Chongqing Yangtze River Chemical

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Acetic Acid product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Acetic Acid, with price, sales, revenue and global market share of Acetic Acid from 2019 to 2024.

Chapter 3, the Acetic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Acetic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Acetic Acid market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Acetic Acid.

Chapter 14 and 15, to describe Acetic Acid sales channel, distributors, customers, research findings and conclusion.