- Historical and recent key insights
- Market size by company, key regions/countries
- Driving forces and roadblocks
- Value chain analysis with price analysis and forecast
- New prospects and targeted marketing methodologies
- R&D and the demand for new product launches and applications.
- New Project Investment Feasibility Analysis
- Eastman Chemical Company
- Jiangsu SOPO (Group) Co. Ltd
- Celanese Corporation
- Gujrat Narmada Valley Fertilizers & Chemicals Limited
- Indian Oil Corporation Ltd
- Ashok Alco Chem Limited
- DAICEL CORPORATION
- DubiChem
- INEOS
Growth Drivers:
The acetic acid market is growing due to increasing consumption in the production of vinyl acetate monomer (VAM), purified terephthalic acid (PTA), and acetate esters. Expanding packaging, textiles, and paints & coatings industries is contributing to high VAM demand, thereby boosting acetic acid production. Rising use of acetic acid in food preservation and pharmaceuticals is also fueling consumption. Industrial sector growth in emerging economies such as China and India is encouraging expansion of chemical manufacturing capacities. Technological advancements in methanol carbonylation and sustainable production pathways are improving efficiency and reducing production costs. Increasing global urbanization and construction activities indirectly support market growth through demand for adhesives, sealants, and coatings.
Market Segmentation:
The market is segmented by application into VAM, PTA, acetate esters, acetic anhydride, and others. By end-use industries, it includes paints & coatings, packaging, textiles, food & beverages, and pharmaceuticals. Based on production technology, segments include biological fermentation, methanol carbonylation, and gas-phase oxidation. Regional segmentation spans North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa, with Asia-Pacific dominating due to abundant raw materials and large-scale manufacturing operations.
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and the rest of South America)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
- The report estimates the market share, value, and future development plans of the major industry manufacturers.
- It provides a better knowledge of the market’s prospects and prognosis for the time period.
- A comprehensive analysis of factors that drive and restrain the growth of the industry is provided.
- The report provides a comprehensive analysis of the market with respect to dynamics, competitive analysis, and upcoming Acetic Acid market trends.
- The projections in this report are made by analyzing the current trends and future market potential in terms of value.