
Acetic Acid Market Size, Trends, Analysis, and Outlook By Derivative (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, Others), By Application (Plastics and Polymers, Food and Beverage, Adhesives, Paints and
Description
Acetic Acid Market Size, Trends, Analysis, and Outlook By Derivative (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, Others), By Application (Plastics and Polymers, Food and Beverage, Adhesives, Paints and Coatings, Textile, Others), by Country, Segment, and Companies, 2024-2032
The Acetic Acid Market is forecast to reach USD XX in 2032, registering a growth rate of 7.416% from current market size of USD XX in 2024. The Acetic Acid market is expanding due to its wide application in the production of vinegar, adhesives, and synthetic fibers. The growth of the food and beverage industry, which uses acetic acid as a preservative and flavoring agent, drives market demand. Additionally, the increasing use of acetic acid in the production of purified terephthalic acid (PTA) for polyester manufacturing supports market growth. Technological advancements in acetic acid production methods, such as methanol carbonylation, enhance efficiency and yield. The market trends towards sustainable production processes and the development of bio-based acetic acid align with environmental goals. The Acetic Acid market is expanding due to its wide application in the production of vinegar, adhesives, and synthetic fibers. The growth of the food and beverage industry, which uses acetic acid as a preservative and flavoring agent, drives market demand. Additionally, the increasing use of acetic acid in the production of purified terephthalic acid (PTA) for polyester manufacturing supports market growth. Technological advancements in acetic acid production methods, such as methanol carbonylation, enhance efficiency and yield. The market trends towards sustainable production processes and the development of bio-based acetic acid align with environmental goals.
Acetic Acid Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Acetic Acid market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Acetic Acid" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Acetic Acid industry.
Key market trends defining the global Acetic Acid demand in 2024 and Beyond
The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.
Acetic Acid Market Segmentation- Industry Share, Market Size, and Outlook to 2032
The Acetic Acid industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Acetic Acid companies scaling up production in these sub-segments with a focus on emerging countries.
Key strategies adopted by companies within the Acetic Acid industry
Leading Acetic Acid companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Acetic Acid companies.
Acetic Acid Market Study- Strategic Analysis Review
The Acetic Acid market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
The Acetic Acid industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.
Acetic Acid Country Analysis and Revenue Outlook to 2032
The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.
North America Acetic Acid Market Size Outlook- Companies plan for focused investments in a changing environment
The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Acetic Acid market segments. Similarly, strong market demand encourages Canadian Acetic Acid companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.
Europe Acetic Acid Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Acetic Acid industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Acetic Acid market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Acetic Acid Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Acetic Acid in Asia Pacific. In particular, China, India, and South East Asian Acetic Acid markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Acetic Acid Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Acetic Acid Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Acetic Acid market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Acetic Acid.
Acetic Acid Market Company Profiles
The global Acetic Acid market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Celanese Corp, DAICEL Corp, Dow Inc, Eastman Chemical Company, Gujarat Narmada Valley Fertilizers & Chemicals Ltd, HELM AG, Indian Oil Corp Ltd, INEOS, LyondellBasell Industries Holdings B.V., SABIC
Recent Acetic Acid Market Developments
The global Acetic Acid market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Acetic Acid Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
By Derivative
Vinyl Acetate Monomer (VAM)
Purified Terephthalic Acid (PTA)
Ethyl Acetate
Acetic Anhydride
Others
By Application
Plastics and Polymers
Food and Beverage
Adhesives
Paints and Coatings
Textile
Others
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Celanese Corp
DAICEL Corp
Dow Inc
Eastman Chemical Company
Gujarat Narmada Valley Fertilizers & Chemicals Ltd
HELM AG
Indian Oil Corp Ltd
INEOS
LyondellBasell Industries Holdings B.V.
SABIC
Formats Available: Excel, PDF, and PPT
Table of Contents
180 Pages
- Chapter 1: Executive Summary
- 1.1 Study Scope
- 1.2 Market Definition
- 1.3 Report Guide
- 1.3.1 Country Coverage
- 1.3.2 Companies Profiled
- 1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
- 1.3.4 Units
- 1.4 Abbreviations
- Chapter 2. Acetic Acid Market Overview- H2 2024
- 2.1 An Introduction to the Global Acetic Acid Markets
- 2.2 Key Statistics
- 2.3 Region Benchmarking, 2024
- 2.4 Country Positioning Matrix, 2024
- Chapter 3. Strategic Analysis Review
- 3.1 Acetic Acid Industry Stakeholders
- 3.2 Value Chain Analysis
- 3.3 Porter’s Five Forces Analysis
- 3.4 SWOT Profile
- 3.5 Recent Market Developments
- Chapter 4. Impact Analysis and Scenario Forecasts
- 4.1 Russia-Ukraine Conflict Analysis
- 4.2 COVID-19: Post Pandemic Recovery Analysis
- 4.3 US Inflation and Sluggish Growth in China
- 4.4 Focus on Sustainability
- 4.5 Low Growth Case Scenario: Global Acetic Acid Market Outlook to 2032
- 4.6 Reference Case Scenario: Global Acetic Acid Market Outlook to 2032
- 4.7 High Growth Case Scenario: Global Acetic Acid Market Outlook to 2032
- Chapter 5: Acetic Acid Market Dynamics
- 5.1 Key Acetic Acid Market Trends
- 5.2 Potential Acetic Acid Market Opportunities
- 5.3 Key Market Challenges
- Chapter 6: Global Acetic Acid Market Analysis and Outlook to 2032
- 6.1 Global Market Outlook by Segments, 2021 to 2032
- 6.2 By Derivative
- Vinyl Acetate Monomer (VAM)
- Purified Terephthalic Acid (PTA)
- Ethyl Acetate
- Acetic Anhydride
- Others
- By Application
- Plastics and Polymers
- Food and Beverage
- Adhesives
- Paints and Coatings
- Textile
- Others
- 6.3 Global Market Outlook by Region, 2021 to 2032
- Chapter 7: North America Acetic Acid Market Analysis and Outlook to 2032
- 7.1 North America Market Outlook by Segments, 2021- 2032
- 7.2 By Derivative
- Vinyl Acetate Monomer (VAM)
- Purified Terephthalic Acid (PTA)
- Ethyl Acetate
- Acetic Anhydride
- Others
- By Application
- Plastics and Polymers
- Food and Beverage
- Adhesives
- Paints and Coatings
- Textile
- Others
- 7.3 North America Market Outlook by Country, 2021- 2032
- 7.3.1 United States Acetic Acid Market Size Forecast, 2021- 2032
- 7.3.2 Canada Acetic Acid Market Size Forecast, 2021- 2032
- 7.3.3 Mexico Acetic Acid Market Size Forecast, 2021- 2032
- Chapter 8: Europe Acetic Acid Market Analysis and Outlook to 2032
- 8.1 Europe Market Outlook by Segments, 2021- 2032
- 8.2 By Derivative
- Vinyl Acetate Monomer (VAM)
- Purified Terephthalic Acid (PTA)
- Ethyl Acetate
- Acetic Anhydride
- Others
- By Application
- Plastics and Polymers
- Food and Beverage
- Adhesives
- Paints and Coatings
- Textile
- Others
- 8.3 Europe Market Outlook by Country, 2021- 2032
- 8.3.1 Germany Acetic Acid Market Size Forecast, 2021- 2032
- 8.3.2 France Acetic Acid Market Size Forecast, 2021- 2032
- 8.3.3 United Kingdom Acetic Acid Market Size Forecast, 2021- 2032
- 8.3.4 Spain Acetic Acid Market Size Forecast, 2021- 2032
- 8.3.5 Italy Acetic Acid Market Size Forecast, 2021- 2032
- 8.3.6 Russia Acetic Acid Market Size Forecast, 2021- 2032
- 8.3.7 Rest of Europe Acetic Acid Market Size Forecast, 2021- 2032
- Chapter 9: Asia Pacific Acetic Acid Market Analysis and Outlook to 2032
- 9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
- 9.2 By Derivative
- Vinyl Acetate Monomer (VAM)
- Purified Terephthalic Acid (PTA)
- Ethyl Acetate
- Acetic Anhydride
- Others
- By Application
- Plastics and Polymers
- Food and Beverage
- Adhesives
- Paints and Coatings
- Textile
- Others
- 9.3 Asia Pacific Market Outlook by Country, 2021- 2032
- 9.3.1 China Acetic Acid Market Size Forecast, 2021- 2032
- 9.3.2 India Acetic Acid Market Size Forecast, 2021- 2032
- 9.3.3 Japan Acetic Acid Market Size Forecast, 2021- 2032
- 9.3.4 South Korea Acetic Acid Market Size Forecast, 2021- 2032
- 9.3.5 Australia Acetic Acid Market Size Forecast, 2021- 2032
- 9.3.6 South East Asia Acetic Acid Market Size Forecast, 2021- 2032
- 9.3.7 Rest of Asia Pacific Acetic Acid Market Size Forecast, 2021- 2032
- Chapter 10: South America Acetic Acid Market Analysis and Outlook to 2032
- 10.1 South America Market Outlook by Segments, 2021- 2032
- 10.2 By Derivative
- Vinyl Acetate Monomer (VAM)
- Purified Terephthalic Acid (PTA)
- Ethyl Acetate
- Acetic Anhydride
- Others
- By Application
- Plastics and Polymers
- Food and Beverage
- Adhesives
- Paints and Coatings
- Textile
- Others
- 10.3 South America Market Outlook by Country, 2021- 2032
- 10.3.1 Brazil Acetic Acid Market Size Forecast, 2021- 2032
- 10.3.2 Argentina Acetic Acid Market Size Forecast, 2021- 2032
- 10.3.3 Rest of South America Acetic Acid Market Size Forecast, 2021- 2032
- Chapter 11: Middle East and Africa Acetic Acid Market Analysis and Outlook to 2032
- 11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
- 11.2 By Derivative
- Vinyl Acetate Monomer (VAM)
- Purified Terephthalic Acid (PTA)
- Ethyl Acetate
- Acetic Anhydride
- Others
- By Application
- Plastics and Polymers
- Food and Beverage
- Adhesives
- Paints and Coatings
- Textile
- Others
- 11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
- 11.3.1 Saudi Arabia Acetic Acid Market Size Forecast, 2021- 2032
- 11.3.2 The UAE Acetic Acid Market Size Forecast, 2021- 2032
- 11.3.3 Rest of Middle East Acetic Acid Market Size Forecast, 2021- 2032
- 11.3.4 South Africa Acetic Acid Market Size Forecast, 2021- 2032
- 11.3.4 Rest of Africa Acetic Acid Market Size Forecast, 2021- 2032
- Chapter 12: Competitive Landscape
- 12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
- 12.2 Key Companies Profiled in the Study
- 12.3 Celanese Corp
- DAICEL Corp
- Dow Inc
- Eastman Chemical Company
- Gujarat Narmada Valley Fertilizers & Chemicals Ltd
- HELM AG
- Indian Oil Corp Ltd
- INEOS
- LyondellBasell Industries Holdings B.V.
- SABIC
- Chapter 13: Sources and Research Methodology
- 13.1 Primary and Secondary Sources
- 13.2 Research Methodology
- 13.3 Data Triangulation and Validation
- 13.4 Assumptions and Limitations
- 13.5 Forecast Methodology
- Appendix
- A: Highlights of the H2-2024 Version (10th in the Series)
- B: Conclusion and Future Recommendations
- C: Customization Options
- D: Contact Information
- List of Figures
- Figure 1: Country Analysis: Largest Market Share (%)- 2023 vs. 2032
- Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
- Figure 3: Population Outlook by Country, 2010- 2032
- Figure 4: Inflation Outlook by Country (%), 2024- 2032
- Figure 5: Global Acetic Acid Market Outlook by Type, 2021- 2032
- Figure 6: Global Acetic Acid Market Outlook by Application, 2021- 2032
- Figure 7: Global Acetic Acid Market Outlook by Region, 2021- 2032
- Figure 8: North America Acetic Acid Market Snapshot, H2-2024
- Figure 9: North America Acetic Acid Market Size Forecast by Type, 2021- 2032
- Figure 10: North America Acetic Acid Market Size Forecast by Application, 2021- 2032
- Figure 11: North America Acetic Acid Market Share by Country, 2023
- Figure 12: Europe Acetic Acid Market Snapshot, H2-2024
- Figure 13: Europe Acetic Acid Market Size Forecast by Type, 2021- 2032
- Figure 14: Europe Acetic Acid Market Size Forecast by Application, 2021- 2032
- Figure 15: Europe Acetic Acid Market Share by Country, 2023
- Figure 16: Asia Pacific Acetic Acid Market Snapshot, H2-2024
- Figure 17: Asia Pacific Acetic Acid Market Size Forecast by Type, 2021- 2032
- Figure 18: Asia Pacific Acetic Acid Market Size Forecast by Application, 2021- 2032
- Figure 19: Asia Pacific Acetic Acid Market Share by Country, 2023
- Figure 20: South America Acetic Acid Market Snapshot, H2-2024
- Figure 21: South America Acetic Acid Market Size Forecast by Type, 2021- 2032
- Figure 22: South America Acetic Acid Market Size Forecast by Application, 2021- 2032
- Figure 23: South America Acetic Acid Market Share by Country, 2023
- Figure 24: Middle East and Africa Acetic Acid Market Snapshot, H2-2024
- Figure 25: Middle East and Africa Acetic Acid Market Size Forecast by Type, 2021- 2032
- Figure 26: Middle East and Africa Acetic Acid Market Size Forecast by Application, 2021- 2032
- Figure 27: Middle East and Africa Acetic Acid Market Share by Country, 2023
- Figure 28: United States Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 29: Canada Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 30: Mexico Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 31: Germany Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 32: France Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 33: United Kingdom Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 34: Spain Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 35: Italy Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 36: Russia Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 37: Rest of Europe Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 38: China Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 39: India Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 40: Japan Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 41: South Korea Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 42: Australia Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 43: South East Asia Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 44: Rest of APAC Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 45: Brazil Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 46: Argentina Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 47: Rest of LATAM Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 48: Saudi Arabia Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 49: UAE Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 50: South Africa Acetic Acid Market Size Outlook, $ Million, 2021- 2032
- Figure 51: Research Methodology
- Figure 52: Forecast Methodology
- List of Tables
- Table 1: Market Scope and Segmentation
- Table 2: Global Acetic Acid Market Size Outlook, $Million, 2021 to 2032
- Table 3: Low Case Scenario Forecasts
- Table 4: Reference Case Scenario Forecasts
- Table 5: High Growth Scenario Forecasts
- Table 6: Global Acetic Acid Market Size Outlook by Segments, 2021- 2032
- Table 7: Global Acetic Acid Market Size Outlook by Region, 2021- 2032
- Table 8: Country Mapping, 2023 vs. 2032
- Table 9: North America- Acetic Acid Market Outlook by Type, 2021- 2032
- Table 10: North America- Acetic Acid Market Outlook by Country, 2021- 2032
- Table 11: Europe - Acetic Acid Market Outlook by Type, 2021- 2032
- Table 12: Europe - Acetic Acid Market Outlook by Country, 2021- 2032
- Table 13: Asia Pacific - Acetic Acid Market Outlook by Type, 2021- 2032
- Table 14: Asia Pacific - Acetic Acid Market Outlook by Country, 2021- 2032
- Table 15: South America- Acetic Acid Market Outlook by Type, 2021- 2032
- Table 16: South America- Acetic Acid Market Outlook by Country, 2021- 2032
- Table 17: Middle East and Africa - Acetic Acid Market Outlook by Type, 2021- 2032
- Table 18: Middle East and Africa - Acetic Acid Market Outlook by Country, 2021- 2032
- Table 19: Business Snapshots of Leading Acetic Acid Companies
- Table 20: Product Profiles of Leading Acetic Acid Companies
- Table 21: SWOT Profiles of Leading Acetic Acid Companies
Pricing
Currency Rates
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