Acetic Acid Market Share, Size, Trends, Industry Analysis Report, By Application (Vinyl Acetate Monomer, Purified Terephthalic Acid, Acetate Esters, Acetic Anhydride); By End Use; By Region; Market size & Forecast To, 2023 - 2032
Description
acetic acid market size is expected to reach USD 35.54 Billion by 2034, according to a new study by Polaris Market Research. The report “Acetic Acid Market Share, Size, Trends, Industry Analysis Report, By Application (Vinyl Acetate Monomer, Purified Terephthalic Acid, Acetate Esters, Acetic Anhydride), By End Use, and By Region -Market size & Forecast To, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Acetic acid as a chemical reagent, it is utilized in the production of a variety of chemical compounds. Acetic acid makes vinegar, acetic anhydride, vinegar, and vinyl acetate monomer. It is used in producing synthetic fibers, textiles, and photographic film as an industrial chemical and chemical reagent. As a consequence of the rise of the textile sector, the acetic acid market is rising.
Acetate esters are derived from acetic acid and are widely used in the production of paints and coatings, and printing inks. Consumers' increased desire to improve the beauty of their homes is impacting global demand for paint and coatings. Because of growing car sales, the automotive industry is also driving up demand for paints. This has a direct influence on the global market demand for acetate esters.
Acetic acid is mainly utilized in the production of vinegar, which is a popular component in meals and personal care products. Vinegar is found in pickling solutions, marinades, and salad dressings. Furthermore, it reduces the risk of salmonella contamination in meat and poultry products.
However, ethanoic acid usage is increasing due to expansion in the chemical industry and increased demand from end-use sectors such as the building and textile industries. Growing investments and development of manufacturing facilities by major firms such as Celanese and BP Plc have resulted in market growth for ethanoic acid.
Acetic Acid Market Report Highlights
Purified Terephthalic Acid (PTA) chemical is expected to largest market share over the forecast period, due to its largely used in production of polyester products.
North America dominated the industry globally and is likely to maintain its dominance over the anticipated period, due to in high uses of acetic acids in food and beverages, pharmaceuticals, etc.
The global key market players include Helm AG, Indian Oil Corporation, Jiangsu SOPO (Group) Co. Ltd, Daicel Corporation, Pentoky, Organy India Limited, Eastman Chemical Company, Celanese Corporation, and INEOS Group.
Polaris Market Research has segmented acetic acid market report based on application, end use and region:
Acetic acid Market Application Outlook (Revenue - USD Billion, 2020-2034)
Vinyl Acetate Monomer (VAM)
Purified Terephthalic Acid (PTA)
Acetate Ester
Acetic Anhydride
Acetic acid, End Use Outlook (Revenue - USD Billion, 2020-2034)
Food and beverages
Paints and coating
Plastics & Polymers
Pharmaceutical
Chemicals
Others
Acetic acid, Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
U.S.
Mexico
Canada
Europe
Germany
UK
Italy
France
Asia Pacific
China
India
Japan
South Korea
Latin America
Argentina
Brazil
Middle East & Africa
UAE
Saudi Arabia
South Africa
Acetic acid as a chemical reagent, it is utilized in the production of a variety of chemical compounds. Acetic acid makes vinegar, acetic anhydride, vinegar, and vinyl acetate monomer. It is used in producing synthetic fibers, textiles, and photographic film as an industrial chemical and chemical reagent. As a consequence of the rise of the textile sector, the acetic acid market is rising.
Acetate esters are derived from acetic acid and are widely used in the production of paints and coatings, and printing inks. Consumers' increased desire to improve the beauty of their homes is impacting global demand for paint and coatings. Because of growing car sales, the automotive industry is also driving up demand for paints. This has a direct influence on the global market demand for acetate esters.
Acetic acid is mainly utilized in the production of vinegar, which is a popular component in meals and personal care products. Vinegar is found in pickling solutions, marinades, and salad dressings. Furthermore, it reduces the risk of salmonella contamination in meat and poultry products.
However, ethanoic acid usage is increasing due to expansion in the chemical industry and increased demand from end-use sectors such as the building and textile industries. Growing investments and development of manufacturing facilities by major firms such as Celanese and BP Plc have resulted in market growth for ethanoic acid.
Acetic Acid Market Report Highlights
Purified Terephthalic Acid (PTA) chemical is expected to largest market share over the forecast period, due to its largely used in production of polyester products.
North America dominated the industry globally and is likely to maintain its dominance over the anticipated period, due to in high uses of acetic acids in food and beverages, pharmaceuticals, etc.
The global key market players include Helm AG, Indian Oil Corporation, Jiangsu SOPO (Group) Co. Ltd, Daicel Corporation, Pentoky, Organy India Limited, Eastman Chemical Company, Celanese Corporation, and INEOS Group.
Polaris Market Research has segmented acetic acid market report based on application, end use and region:
Acetic acid Market Application Outlook (Revenue - USD Billion, 2020-2034)
Vinyl Acetate Monomer (VAM)
Purified Terephthalic Acid (PTA)
Acetate Ester
Acetic Anhydride
Acetic acid, End Use Outlook (Revenue - USD Billion, 2020-2034)
Food and beverages
Paints and coating
Plastics & Polymers
Pharmaceutical
Chemicals
Others
Acetic acid, Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
U.S.
Mexico
Canada
Europe
Germany
UK
Italy
France
Asia Pacific
China
India
Japan
South Korea
Latin America
Argentina
Brazil
Middle East & Africa
UAE
Saudi Arabia
South Africa
Table of Contents
115 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Industrial Microwave Heating Equipment Market Insights
- 4.1. Industrial Microwave Heating Equipment Market – Market Snapshot
- 4.2. Industrial Microwave Heating Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Advanced Industrial Infrastructure
- 4.2.1.2. Automation and Smart Manufacturing Trends
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Initial Cost of Manufacturing
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Industrial Microwave Heating Equipment Market Trends
- 4.6. Value Chain Analysis
- 5. U.S. Industrial Microwave Heating Equipment Market, by Equipment
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Industrial Microwave Heating Equipment Market, by Equipment, 2020-2034 (USD billion)
- 5.3. RF Solid State Amplifiers
- 5.3.1. U.S. Industrial Microwave Heating Equipment Market, by RF Solid State Amplifiers, 2020-2034 (USD billion)
- 5.4. Magnetron
- 5.4.1. U.S. Industrial Microwave Heating Equipment Market, by Magnetron, 2020-2034 (USD billion)
- 6. U.S. Industrial Microwave Heating Equipment Market, by Power
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Industrial Microwave Heating Equipment Market, by Power, 2020-2034 (USD billion)
- 6.3. 0 kW - 25 kW
- 6.3.1. U.S. Industrial Microwave Heating Equipment Market, by 0 kW - 25 kW, 2020-2034 (USD billion)
- 6.4. 26 kW - 50 kW
- 6.4.1. U.S. Industrial Microwave Heating Equipment Market, by 26 kW - 50 kW, 2020-2034 (USD billion)
- 6.5. 51 kW - 100 kW
- 6.5.1. U.S. Industrial Microwave Heating Equipment Market, by 51 kW - 100 kW 2020-2034 (USD billion)
- 6.6. More than 100 kW
- 6.6.1. U.S. Industrial Microwave Heating Equipment Market, by More than 100 kW, 2020-2034 (USD billion)
- 7. U.S. Industrial Microwave Heating Equipment Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Industrial Microwave Heating Equipment Market, by Application, 2020-2034 (USD billion)
- 7.3. Pharmaceutical
- 7.3.1. U.S. Industrial Microwave Heating Equipment Market, by Pharmaceutical, 2020-2034 (USD billion)
- 7.4. Plastics & Rubber
- 7.4.1. U.S. Industrial Microwave Heating Equipment Market, by Plastics & Rubber, 2020-2034 (USD billion)
- 7.5. Chemicals
- 7.5.1. U.S. Industrial Microwave Heating Equipment Market, by Chemicals, 2020-2034 (USD billion)
- 7.6. Paper
- 7.6.1. U.S. Industrial Microwave Heating Equipment Market, by Paper, 2020-2034 (USD billion)
- 7.7. Food & Beverage
- 7.7.1. U.S. Industrial Microwave Heating Equipment Market, by Food & Beverage, 2020-2034 (USD billion)
- 7.8. Others
- 7.8.1. U.S. Industrial Microwave Heating Equipment Market, by Others, 2020-2034 (USD billion)
- 8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
- 9. Company Profiles
- 9.1. Hitachi Power Solutions Co., Ltd
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Muegge Group
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Teledyne e2v
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Industrial Microwave Systems
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. CoberMuegge LLC
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. CPI International Inc
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. L3Harris Technologies, Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Richardson Electronics, Ltd.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Panasonic Corporation
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Toshiba Corporation
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.


