Acetic Acid Market Growth, Size, Share, Trends, and Forecast 2030
Acetic Acid Market Analysis By Application Type (Vinyl Acetate Monomer, Purified Terephthalic Acid, Acetate Esters, Acetate Anhydride), Based on End-User (Food and beverages, Paints and coating, Plastics & Polymers, Pharmaceutical, Chemicals, Others), and By Region: Global Industry Perspective, Growth Dynamics, Comprehensive Analysis and Forecast, 2020 - 2028
| Market Size in 2020 | Market Forecast in 2028 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 7.41 Billion | USD 13.21 Billion | 8.9% | 2020 |
Table Of Content
- Chapter No. 1 Introduction
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. USP & Key Offerings
- 1.2. Key Benefits for Stakehulders
- 1.3. Target Audience
- 1.4. Report Scope
- 1.1. Report Description
- Chapter No. 2 Executive Summary
- 2.1. Key Findings
- 2.1.1. Top Investment Pockets
- 2.1.1.1. Market Attractiveness Analysis, By Application
- 2.1.1. Top Investment Pockets
- 2.2. Market Snapshot
- 2.3. Global Acetic Acid Market, 2016 – 2028 (USD Billion)
- 2.4. Insights from Primary Respondents
- 2.1. Key Findings
- Chapter No. 3 COVID 19 Impact Analysis
- 3.1. Impact Assessment of COVID-19 Pandemic, By Region
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. The Middle-East and Africa
- 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
- 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
- 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
- 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
- 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
- 3.6. Short Term Dynamics
- 3.7. Long Term Dynamics
- 3.1. Impact Assessment of COVID-19 Pandemic, By Region
- Chapter No. 4 Acetic Acid Market – Application Segment Analysis
- 4.1. Overview
- 4.1.1. Market Revenue Share, By Application, 2020 & 2028
- 4.2. Vinyl Acetate Monomer
- 4.2.1. Market Size and Forecast, By Region (USD Billion)
- 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.2.3. Key Market Trends, Growth Factors, & Opportunities
- 4.3. Purified Terephthalic Acid
- 4.3.1. Market Size and Forecast, By Region (USD Billion)
- 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.3.3. Key Market Trends, Growth Factors, & Opportunities
- 4.4. Acetate Ester
- 4.4.1. Market Size and Forecast, By Region (USD Billion)
- 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.4.3. Key Market Trends, Growth Factors, & Opportunities
- 4.5. Acetate anhydride
- 4.5.1. Market Size and Forecast, By Region (USD Billion)
- 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.5.3. Key Market Trends, Growth Factors, & Opportunities
- 4.6. Others
- 4.6.1. Market Size and Forecast, By Region (USD Billion)
- 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
- 4.6.3. Key Market Trends, Growth Factors, & Opportunities
- 4.1. Overview
- Chapter No. 7 Acetic Acid Market – Regional Analysis
- 7.1. Overview
- 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
- 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
- 7.2. North America
- 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 7.2.2. North America Market Revenue, By Application, 2016 – 2028
- 7.2.5. U.S.
- 7.2.5.1. U.S. Market Revenue, By Application, 2016 – 2028
- 7.2.6. Canada
- 7.2.6.1. Canada Market Revenue, By Application, 2016 – 2028
- 7.2.7. Mexico
- 7.2.7.1. Mexico Market Revenue, By Application, 2016 – 2028
- 7.3. Europe
- 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 7.3.2. Europe Market Revenue, By Application, 2016 – 2028
- 7.3.5. Germany
- 7.3.5.1. Germany Market Revenue, By Application, 2016 – 2028
- 7.3.6. France
- 7.3.6.1. France Market Revenue, By Application, 2016 – 2028
- 7.3.7. U.K.
- 7.3.7.1. U.K. Market Revenue, By Application, 2016 – 2028
- 7.3.8. Italy
- 7.3.8.1. Italy Market Revenue, By Application, 2016 – 2028
- 7.3.9. Spain
- 7.3.9.1. Spain Market Revenue, By Application, 2016 – 2028
- 7.3.10. Rest of Europe
- 7.3.10.1. Rest of Europe Market Revenue, By Application, 2016 – 2028
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 7.4.2. Asia Pacific Market Revenue, By Application, 2016 – 2028
- 7.4.5. China
- 7.4.5.1. China Market Revenue, By Application, 2016 – 2028
- 7.4.6. Japan
- 7.4.6.1. Japan Market Revenue, By Application, 2016 – 2028
- 7.4.7. India
- 7.4.7.1. India Market Revenue, By Application, 2016 – 2028
- 7.4.8. South Korea
- 7.4.8.1. South Korea Market Revenue, By Application, 2016 – 2028
- 7.4.9. South-East Asia
- 7.4.9.1. South-East Asia Market Revenue, By Application, 2016 – 2028
- 7.4.10. Rest of Asia Pacific
- 7.4.10.1. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
- 7.5. Latin America
- 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 7.5.2. Latin America Market Revenue, By Application, 2016 – 2028
- 7.5.5. Brazil
- 7.5.5.1. Brazil Market Revenue, By Application, 2016 – 2028
- 7.5.6. Argentina
- 7.5.6.1. Argentina Market Revenue, By Application, 2016 – 2028
- 7.5.7. Rest of Latin America
- 7.5.7.1. Rest of Latin America Market Revenue, By Application, 2016 – 2028
- 7.6. The Middle-East and Africa
- 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
- 7.6.2. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
- 7.6.5. GCC Countries
- 7.6.5.1. GCC Countries Market Revenue, By Application, 2016 – 2028
- 7.6.6. South Africa
- 7.6.6.1. South Africa Market Revenue, By Application, 2016 – 2028
- 7.6.7. Rest of Middle-East Africa
- 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
- 7.1. Overview
- Chapter No. 8 Acetic Acid Market – Industry Analysis
- 8.1. Introduction
- 8.2. Market Drivers
- 8.2.1. Driving Factor 1 Analysis
- 8.2.2. Driving Factor 2 Analysis
- 8.3. Market Restraints
- 8.3.1. Restraining Factor Analysis
- 8.4. Market Opportunities
- 8.4.1. Market Opportunity Analysis
- 8.5. Porter’s Five Forces Analysis
- 8.6. PEST Analysis
- 8.7. Regulatory Landscape
- 8.8. Technology Landscape
- 8.9. Regional Market Trends
- 8.9.1. North America
- 8.9.2. Europe
- 8.9.3. Asia Pacific
- 8.9.4. Latin America
- 8.9.5. The Middle-East and Africa
- 8.10. Pricing Analysis
- 8.11. Value Chain Analysis
- 8.12. Downstream Buyers
- 8.13. Distributors/Traders List
- Chapter No. 9 Competitive Landscape
- 9.1. Company Market Share Analysis – 2019
- 9.1.1. Global Acetic Acid Market: Company Market Share, 2019
- 9.1.2. Global Acetic Acid Market, Company Market Revenue, 2016 – 2019 (USD Billion)
- 9.1.3. Global Acetic Acid Market, Company Y-o-Y Growth, 2017 – 2019 (%)
- 9.1.4. Global Acetic Acid Market: Radar Determinant Chart, 2019
- 9.2. Strategic Developments
- 9.2.1. Acquisitions & Mergers
- 9.2.2. New Product Launch
- 9.2.3. Regional Expansion
- 9.3. Company Strategic Developments – Heat Map Analysis
- 9.1. Company Market Share Analysis – 2019
- Chapter No. 10 Company Profiles
- 10.1. Celanese Corporation
- 10.1.1. Company Overview
- 10.1.2. Key Executives
- 10.1.3. Product Portfolio
- 10.1.4. Financial Overview
- 10.1.5. Operating Business Segments
- 10.1.6. Business Performance
- 10.1.7. Recent Developments
- 10.2. INEOS
- 10.3. Jiangsu SOPO (Group) Co. Ltd
- 10.4. Eastman Chemical Company
- 10.5. LyondellBasell Industries Huldings BV
- 10.1. Celanese Corporation
- Chapter No. 11 Marketing Strategy Analysis
- 11.1. Marketing Channel
- 11.2. Direct Marketing
- 11.3. Indirect Marketing
- 11.4. Marketing Channel Development Trends
- 11.5. Economic/Pulitical Environmental Change
- Chapter No. 12 Research Methodology
- 12.1. Research Methodology
- 12.2. Phase I - Secondary Research
- 12.3. Phase II - Data Modeling
- 12.3.1. Company Share Analysis Model
- 12.3.2. Revenue Based Modeling
- 12.4. Phase III - Primary Research
- 12.5. Research Limitations
- 12.5.1. Assumptions
Table Of Figures
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Application
FIG NO. 2. Market Attractiveness Analysis, By Fan Size
FIG NO. 3. Market Attractiveness Analysis, By Distribution Channel
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Acetic Acid Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 8. Global Acetic Acid Market for Vinyl Acetate Monomer, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Acetic Acid Market for Vinyl Acetate Monomer, By Country, 2020 & 2028
FIG NO. 10. Global Acetic Acid Market for Purified Terephthalic Acid, Revenue (USD Billion) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Acetic Acid Market for Purified Terephthalic Acid, By Country, 2020 & 2028
FIG NO. 12. Global Acetic Acid Market for Acetate Ester, Revenue (USD Billion) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of Acetic Acid Market for Acetate Ester, By Country, 2020 & 2028
FIG NO. 14. Global Acetic Acid Market for others, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of Acetic Acid Market for others, By Country, 2020 & 2028
FIG NO. 16. Market Revenue Share, By Fan Size, 2020 & 2028
FIG NO. 17. Global Acetic Acid Market for Small, Revenue (USD Billion) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Acetic Acid Market for Small, By Country, 2020 & 2028
FIG NO. 19. Global Acetic Acid Market for Medium, Revenue (USD Billion) 2016 – 2028
FIG NO. 20. Comparative Revenue Analysis of Acetic Acid Market for Medium, By Country, 2020 & 2028
FIG NO. 21. Global Acetic Acid Market for Large, Revenue (USD Billion) 2016 – 2028
FIG NO. 22. Comparative Revenue Analysis of Acetic Acid Market for Large, By Country, 2020 & 2028
FIG NO. 23. Market Revenue Share, By Distribution Channel, 2020 & 2028
FIG NO. 24. Global Acetic Acid Market for Stores, Revenue (USD Billion) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Acetic Acid Market for Stores, By Country, 2020 & 2028
FIG NO. 26. Global Acetic Acid Market for Online, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Acetic Acid Market for Online, By Country, 2020 & 2028
FIG NO. 28. Global Acetic Acid Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Acetic Acid Market for Others, By Country, 2020 & 2028
FIG NO. 30. Global Acetic Acid Market Revenue Share, By Region, 2020 & 2028
FIG NO. 31. North America Acetic Acid Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 32. Porter’s Five Forces Analysis for Global Acetic Acid Market
FIG NO. 33. PEST Analysis for Global Acetic Acid Market
FIG NO. 34. Pricing Analysis for Global Acetic Acid Market
FIG NO. 35. Value Chain Analysis for Global Acetic Acid Market
FIG NO. 36. Company Share Analysis, 2019
FIG NO. 37. Radar Determinant Chart, 2019
FIG NO. 38. Company Strategic Developments – Heat Map Analysis
FIG NO. 39. Emerson Electric Co Business Segment Revenue Share, 2020 (%)
FIG NO. 40. Emerson Electric Co Geographical Segment Revenue Share, 2020 (%)
FIG NO. 41. Market Channels
FIG NO. 42. Marketing Channel Development Trend
FIG NO. 43. Growth in World Gross Product, 2008-2018
FIG NO. 44. Research Methodology – Detailed View
FIG NO. 45. Research Methodology
Table Of Tables
List of Tables
TABLE NO. 1. Global Acetic Acid Market: Snapshot
TABLE NO. 2. Quarterly Acetic Acid Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Acetic Acid Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Acetic Acid Market for Vinyl Acetate Monomer, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Acetic Acid Market for Purified Terephthalic Acid, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Acetic Acid Market for Acetate Ester, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Acetic Acid Market for others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Acetic Acid Market for Small, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Acetic Acid Market for Medium, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Acetic Acid Market for Large, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Acetic Acid Market for Stores, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Acetic Acid Market for Online, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Acetic Acid Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Acetic Acid Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 17. North America Acetic Acid Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 18. North America Acetic Acid Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 19. North America Acetic Acid Market Revenue, By Fan Size, 2016 – 2028 (USD Billion)
TABLE NO. 20. North America Acetic Acid Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 21. U.S. Acetic Acid Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. U.S. Acetic Acid Market Revenue, By Fan Size, 2016 – 2028 (USD Billion)
TABLE NO. 23. U.S. Acetic Acid Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 24. Canada Acetic Acid Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 25. Canada Acetic Acid Market Revenue, By Fan Size, 2016 – 2028 (USD Billion)
TABLE NO. 26. Canada Acetic Acid Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 27. Mexico Acetic Acid Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 28. Mexico Acetic Acid Market Revenue, By Fan Size, 2016 – 2028 (USD Billion)
TABLE NO. 29. Mexico Acetic Acid Market Revenue, By Distribution Channel, 2016 – 2028 (USD Billion)
TABLE NO. 30. Drivers for the Acetic Acid Market: Impact Analysis
TABLE NO. 31. Restraints for the Acetic Acid Market: Impact Analysis
TABLE NO. 32. Major Buyers of Acetic Acid
TABLE NO. 33. Distributors/Traders List of Acetic Acid
TABLE NO. 34. Global Acetic Acid Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 35. Global Acetic Acid Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
Methodology
FrequentlyAsked Questions
The global acetic acid market size was $7.41 billion in 2020.
The global acetic acid market size is expected to reach USD 13.21 billion by 2028, growing at a CAGR of 8.9% between 2021 and 2028.
Certain factors like increasing demand for purified terephthalic acid from the textile and packaging industry, rising use of ester solvents for paints and coatings, the rising infrastructural investments for projects across the world, the increasing development of new separation technologies cause an increase in the production efficiency of acetic acid, the very many applications of acetic acid in home furnishing and in the production of textiles such as bedsheets and curtains are all the reasons for the increased demand in the global acetic acid market.
Despite this, increasing usage of acetic acid can be harmful for certain natural elements like animals, and plants, which can be a huge setback for the global acetic acid market in the estimated period. Moreover, the difficulty in pricing raw materials policies can also be a limiting factor for the acetic acid market.
In regional segmentation, the global coronavirus vaccines market is bifurcated into six key regions, namely, Europe, North America, Latin America, Asia Pacific, the Middle East, and Africa. However, it was noted that Asia-Pacific is the largest consumer of acetic acid in the global acetic acid market. The Asia-Pacific market is predicted to be the largest market for the textile industry, citing reasons such as having a strong industrial base. All the more, India will also record significant growth in the global acetic acid market with reasons like increasing investments, growing population index, accumulative government schemes, substantial growth in the demand from end-use industries. But North America and Europe are also the major markets for the production of acetic acid.
Some of the key important market players are Celanese Corporation, INEOS, Jiangsu SOPO (Group) Co. Ltd, Eastman Chemical Company or its subsidiaries, and LyondellBasell Industries Holdings BV, among others.
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