Acetic acid Market Size In 2022 : Top Countries Data with CAGR Value, Global Industry Brief Analysis by Top Key companies and Growth Insights to 2031

Global Acetic acid report from Global Insight Services is the single authoritative source of intelligence on Acetic acid market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Acetic acid is an organic compound with the chemical formula CH3COOH. It is a colorless liquid with a pungent, vinegar-like odor. Acetic acid is the main component of vinegar, which is produced by the fermentation of ethanol. Acetic acid has a wide range of uses. It is used as a food preservative, in the production of acetate fibers and plastics, as a solvent, and in the manufacture of chemicals such as vinyl acetate and acetic anhydride.

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Market Segments
The acetic acid market is segmented by application, end-use, and region. By application, it is bifurcated into ethyl acetate, ester solvents, and others. Based on end-use, it is bifurcated into plastics, chemicals, adhesives, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Key Players
The global acetic acid market includes players such as Eastman Chemical Company, British Petroleum, LyondellBasell, Celanese Corporation, Gujarat Narmada Valley Fertilizers & Chemicals, Helm AG, Pentoky Organy, Dow Chemicals, Indian Oil Corporation, Lonza, and others.

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Key Drivers
The acetic acid market is primarily driven by the growing demand for acetic acid from the food & beverage industry. Acetic acid is a key ingredient in the manufacturing of vinegar, which is widely used as a food preservative and flavoring agent.

The acetic acid market is also driven by the growing demand from the pharmaceutical industry. Acetic acid is used in the production of aspirin and other drugs.

The acetic acid market is also driven by the growing demand from the chemical industry. Acetic acid is used in the production of vinyl acetate, which is used in the manufacture of adhesives and coatings.

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