Global Glacial Acetic Acid Market Analysis, 2024-2030
Description
Glacial acetic acid is a dilute form of colorless acetic acid and is widely used in a vast range of daily use products. For example, its usage in food and beverages, manufacturing of paints, pharmaceuticals and in vinegar etc. is extremely high. Thus, glacial acetic acid is bound to enjoy significant growth in coming years across different regions, due to its demand and consumption.
As an ingredient glacial acetic acid provides wide range of applications. It is mainly used for manufacturing vinegar, a well-known ingredient in food products. In recent times many chemical and pharmaceutical industries have come up increasing its demand significantly. Both the industries use glacial acetic acid as a primary ingredient in producing many products.
The report on the global glacial acetic acid provides insights into the current market condition which is compiled by conducting over 304 hours of research work hours of primary and secondary research. In accordance with the report, the global glacial acetic acid industry is expanding its geographical domain in a rapid fashion. This global market is expected to reach the levels of US $ xxxx million dollars by the end of 2023, as compared to US $ xxxx million in 2018 archiving an impressive rate of growth xx% annually.
Urbanization and unending demand for fuel, also demand for products containing glacial acetic acid are main growth drivers behind the expansion of glacial acetic acid market. Industrial products like vinegar and vinyl acetate acid make use of glacial acetic acid in manufacturing different items. For example, vinegar is used in packed foods and beverages while vinyl acetate acid is used in manufacturing sealants and adhesives. Along with above uses, it’ consumption as a fuel is dominant reason of increasing growth. People are ready to spend money for their health and glacial acetic acid is an important ingredient in pharmaceuticals and chemicals manufacturing.
Many applications of glacial acetic acid for example vinegar, has negative health impacts on human body. Vinegar is food ingredient in many beverages and packed foods. Excessive consumption of products containing vinegar can have negative impact on human health. Negative health impact and reduction in its usage, can be reasons behind decrease in growth of glacial acetic acid
Region wise depending on consumption and production of glacial acetic acid, North America, Europe, China, Japan, and India are dominant geographic regions.
The key players in global glacial acetic acid are Celanese, BASF, Lonza, Eastman, BP, LyondellBasell, ChangChun Group, Showa Denko, Akchem Enterprises, Ultra Chemical Works, Qingdao Huatuo Chemicals Co. Ltd, and Zhengzhou Kelai Chemical Co. Ltd.
Our Approach
Market Krystal’s research methodology includes bifurcation of the glacial acetic acid market segments, recognition of different growth determinants of every market segment and conducting market forecasts. Every market forecast is conducted by considering the inputs given by the business leaders across the glacial acetic acid industry value chain. Market Krystal conducted over 36 interview hours dedicated for this study, the details of which are mentioned below:
By company type:
Manufacturers (35%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (15%)
By geography:
North America (30%), Asia (45%), Europe (25%)
By designation:
Top level (45%), Operation level (30%), Mid-level (25%)
Contents of the report:
As an ingredient glacial acetic acid provides wide range of applications. It is mainly used for manufacturing vinegar, a well-known ingredient in food products. In recent times many chemical and pharmaceutical industries have come up increasing its demand significantly. Both the industries use glacial acetic acid as a primary ingredient in producing many products.
The report on the global glacial acetic acid provides insights into the current market condition which is compiled by conducting over 304 hours of research work hours of primary and secondary research. In accordance with the report, the global glacial acetic acid industry is expanding its geographical domain in a rapid fashion. This global market is expected to reach the levels of US $ xxxx million dollars by the end of 2023, as compared to US $ xxxx million in 2018 archiving an impressive rate of growth xx% annually.
Urbanization and unending demand for fuel, also demand for products containing glacial acetic acid are main growth drivers behind the expansion of glacial acetic acid market. Industrial products like vinegar and vinyl acetate acid make use of glacial acetic acid in manufacturing different items. For example, vinegar is used in packed foods and beverages while vinyl acetate acid is used in manufacturing sealants and adhesives. Along with above uses, it’ consumption as a fuel is dominant reason of increasing growth. People are ready to spend money for their health and glacial acetic acid is an important ingredient in pharmaceuticals and chemicals manufacturing.
Many applications of glacial acetic acid for example vinegar, has negative health impacts on human body. Vinegar is food ingredient in many beverages and packed foods. Excessive consumption of products containing vinegar can have negative impact on human health. Negative health impact and reduction in its usage, can be reasons behind decrease in growth of glacial acetic acid
Region wise depending on consumption and production of glacial acetic acid, North America, Europe, China, Japan, and India are dominant geographic regions.
The key players in global glacial acetic acid are Celanese, BASF, Lonza, Eastman, BP, LyondellBasell, ChangChun Group, Showa Denko, Akchem Enterprises, Ultra Chemical Works, Qingdao Huatuo Chemicals Co. Ltd, and Zhengzhou Kelai Chemical Co. Ltd.
Our Approach
Market Krystal’s research methodology includes bifurcation of the glacial acetic acid market segments, recognition of different growth determinants of every market segment and conducting market forecasts. Every market forecast is conducted by considering the inputs given by the business leaders across the glacial acetic acid industry value chain. Market Krystal conducted over 36 interview hours dedicated for this study, the details of which are mentioned below:
By company type:
Manufacturers (35%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (15%)
By geography:
North America (30%), Asia (45%), Europe (25%)
By designation:
Top level (45%), Operation level (30%), Mid-level (25%)
Contents of the report:
- Insights on the global glacial acetic acid industry dynamics
- Estimation of the present global glacial acetic acid market size in terms of value and volume
- Global glacial acetic acid market breakup based on application (vinyl acetate monomer, acetate esters, purified terephthalic acid, acetic anhydride, monochloroacetic acid) and geography (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa)
- Validated global glacial acetic acid market forecast for the next five years
- Complete analysis of the key companies working across different nodes of glacial acetic acid industry value chain
Table of Contents
- 1. Introduction
- Purpose of the report
- Research methodology
- Executive summary
- 2. Product Overview
- Product analysis
- Portfolio analysis of top companies
- Value chain analysis
- Market dynamics
- 3. Global Market Analysis
- Global glacial acetic acid market size (2024–2030)
- By value
- By volume
- Global glacial acetic acid market share (2024–2030)
- By application
- By company
- By geography
- 4. North America Market Analysis
- North America glacial acetic acid market size (2024–2030)
- By value
- By volume
- North America glacial acetic acid market share (2024–2030)
- By application
- By company
- By geography
- 5. Europe Market Analysis
- Europe glacial acetic acid market size (2024–2030)
- By value
- By volume
- Europe glacial acetic acid market share (2024–2030)
- By application
- By company
- By geography
- 6. Asia-Pacific Market Analysis
- Asia-Pacific glacial acetic acid market size (2024–2030)
- By value
- By volume
- Asia-Pacific glacial acetic acid market share (2024–2030)
- By application
- By company
- By geography
- 7. Middle East Market Analysis
- Middle East glacial acetic acid market size (2024–2030)
- By value
- By volume
- Middle East glacial acetic acid market share (2024–2030)
- By application
- By company
- By geography
- 8. Africa Market Analysis
- Africa glacial acetic acid market size (2024–2030)
- By value
- By volume
- Africa glacial acetic acid market share (2024–2030)
- By application
- By company
- By geography
- 9. Latin America Market Analysis
- Latin America glacial acetic acid market size (2024–2030)
- By value
- By volume
- Latin America glacial acetic acid market share (2024–2030)
- By application
- By company
- By geography
- 10. Competitive Intelligence
- Ultra Chemical Works
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 2
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 3
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 4
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 5
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 6
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 7
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 8
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- Company 9
- Company overview
- Product portfolio
- Recent developments
- Financial analysis
- 11. Appendix
- Primary research breakup
- List of interview participants
- Discussion guide
- Interview transcript
- About Market Krystal team
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