India Acetic Acid Market Size is expected to Grow at CAGR of 5.59% during 2022-2027

According to IMARC Group's latest report, titled "𝐈𝐧𝐝𝐢𝐚 𝐀𝐜𝐞𝐭𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the India acetic acid market is expected to exhibit a CAGR of 5.59% during 2022-2027. Looking forward, IMARC Group expects the India acetic acid market to continue its robust growth during the forecast period (2022-2027).

Acetic acid, also known as ethanoic acid, is an organic compound with the chemical formula of CH3COOH. It is a major commodity chemical produced by both chemical and fermentative routes. It is employed in the food and beverage industry as an acidulant, descaling and antimicrobial agent. Acetic acid also finds application in the production of acetic anhydride, vinyl acetate monomer (VAM), cellulose acetate, acetic esters, plastics, chloroacetic acid, insecticides, dyes, rubber, and photographic chemicals.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/india-acetic-acid-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

𝐈𝐧𝐝𝐢𝐚 𝐀𝐜𝐞𝐭𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The India acetic acid market is primarily driven by the growing usage of acetic acid in pharmaceuticals, textile, and package applications across the country. Apart from this, the rising investments from various multinational companies in India are boosting the market growth. Furthermore, the leading manufacturers are engaged in capacity expansions, the installations of new plants, as well as facility revamps to inflate their overall production, which is further expected to fuel the market growth.
Moreover, the increasing use of acetic acid in the food and beverage industry is projected to enhance the market growth. In addition, the growing construction industry in India and the rising application of the product in adhesives, paints, and coatings are expected to bolster the market growth during the forecast period.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=3147&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has categorized the market based on application and end use industry.

Breakup by Application:
• VAM
• PTA
• Anhydride
• Ethyl Acetate
• Butyl Acetate
• Others

Breakup by End Use Industry:
• Plastics & Polymers
• Food & Beverage
• Inks, Paints & Coatings
• Chemicals
• Pharmaceuticals
• Others

Breakup by Region:
• North India
• West and Central India
• South India
• East India

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 : https://www.imarcgroup.com/request?type=report&id=3147&flag=C

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

Europe Acetic Acid Market: https://www.imarcgroup.com/europe-acetic-acid-market

Asia Pacific Acetic Acid Market: https://www.imarcgroup.com/asia-pacific-acetic-acid-market

Furfuryl Alcohol Market: https://www.imarcgroup.com/furfuryl-alcohol-market

Hydrodesulfurization Catalysts Market: https://www.imarcgroup.com/hydrodesulfurization-catalysts-market

UV Curable Resins Market: https://www.imarcgroup.com/uv-curable-resins-market

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This release was published on openPR.