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Acetic Acid Market, Global Outlook and Forecast 2023-2029

Acetic Acid Market, Global Outlook and Forecast 2023-2029

  • Published on : 26 April 2023
  • Pages :76
  • Report Code:SMR-7658072

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Report overview

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.
This report 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. This report 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.