Acetic Acid market

Acetic Acid Market, Global Outlook and Forecast 2023-2029

  • 26 April 2023
  • Chemicals and Materials
  • 76 Pages
  • Report code : PMR-7658072

  • 4.7 (158)

Acetic Acid Market

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The global Acetic Acid market was valued at US$ 11190 million in 2022 and is projected to reach US$ 14370 million by 2029, at a CAGR of 3.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

Acetic Acid Market aims to provide a comprehensive presentation of the global market for Acetic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Acetic Acid. Acetic Acid Market contains market size and forecasts of Acetic Acid in global, including the following market information:

  • Global Acetic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Acetic Acid Market Sales, 2018-2023, 2024-2029, (MT)
  • Global top five Acetic Acid companies in 2022 (%)

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.

We surveyed the Acetic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Acetic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Acetic Acid Market Segment Percentages, by Type, 2022 (%)

Acetic Acid(36% to 38%)

Glacial Acetic Acid(More than 98%)

Global Acetic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Acetic Acid Market Segment Percentages, by Application, 2022 (%)

Vinyl Acetate Monomer

Purified Terephthalic Acid

Acetic Anhydride

Others

Global Acetic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)

Global Acetic Acid Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Acetic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Acetic Acid revenues share in global market, 2022 (%)

Key companies Acetic Acid sales in global market, 2018-2023 (Estimated), (MT)

Key companies Acetic Acid sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Celanese

Bp

Eastman

Daicel

Lyondellbasell

Jiangsu Sopo

Shanghai Huayi

Kingboard Chemical

Shandong Hualu-Hengsheng

Yankuang Cathay Coal Chemicals

Chongqing Yangtze River Chemical

Outline of Major Chapters:

Chapter 1: Introduces the definition of Acetic Acid, market overview.

Chapter 2: Global Acetic Acid market size in revenue and volume.

Chapter 3: Detailed analysis of Acetic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Acetic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Acetic Acid capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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