Acetic Acid Market : Insights and Analysis from Latest Research Report for Business Success| o Celanese Corporation, o INEOS Styrolution, o Eastman Chemical Company, o Jiangsu Sopo (Group) Co., Ltd., o China Petroleum & Chemical Corporation (Sinopec),o Ly

Global Acetic Acid Market Analysis and Forecast, 2019-2028

The global Acetic Acid market was valued at over US$ 11.0 billion in 2021 and is expected to grow at a CAGR of 7.3% over the forecast period of 2022-2028.

Market Overview

The global Acetic Acid market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2021 and the forecast period of 2022-2028 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. RationalStat practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.

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Scope of the Market

The global Acetic Acid market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period. The market study also covers the pricing analysis of each product based on its types and regions.
The global Acetic Acid market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. It also covers the capacity analysis of each industry player operating in the market. This enables, clients and report buyers to make strong, precise, and timely decisions.
State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact
The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.
Impact of COVID-19 on Acetic Acid Market
The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.
The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.

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Market Segmentation

RationalStat has segmented the global Acetic Acid market based on form, derivative, end user industry, and region.
By Form
o Powder
o Liquid
By Derivative
o Vinyl Acetate Monomer (VAM)
o Purified Terephthalic Acid (PTA)
o Ester Solvents
o Acetic Anhydride
o Ethyl Acetate
o Ethanol
By End User Industry
o Plastics and Polymers
o Food and Beverage
o Adhesives, Paints, and Coatings
o Chemicals
o Textile
o Pharmaceuticals
o Other End-user Industries
By Region
o North America
US
Canada
o Latin America
Brazil
Mexico
Rest of Latin America
o Western Europe
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
o Eastern Europe
Russia
Poland
Rest of Eastern Europe
o Asia Pacific
China
Japan
India
South Korea
Australia
ASEAN (Indonesia, Vietnam, Malaysia, etc.)
Rest of Asia Pacific
o Middle East & Africa
GCC
South Africa
Turkey
Rest of the Middle East & Africa
Leading Companies and Market Players
o Celanese Corporation,
o INEOS Styrolution,
o Eastman Chemical Company,
o Jiangsu Sopo (Group) Co., Ltd.,
o China Petroleum & Chemical Corporation (Sinopec),
o Lyondell Basell Industries,
o Saudi Basic Industries Corporation (SABIC),
o Mitsubishi Chemical Company,
o PetroChina Co. Ltd.,
o BASF SE,
o Daicel Corporation,
o Kingboard Chemical Holdings,

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Table of Content
Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms
Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
Chapter Five: Analysis of COVID-19 Impact and Road Ahead
Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter s Five Forces Analysis
Chapter Seven: Government Laws and Industry Regulations
Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
Chapter Nine: Parent Market Overview: Global Chemicals Market
Chapter Ten: Segmental Analysis
10.1. Global Acetic Acid Market by Form
10.1.1. Segment Overview
10.1.1.1. Powder
10.1.1.2. Liquid
10.2. Global Acetic Acid Market by Derivative
10.2.1. Segment Overview
10.2.1.1. Vinyl Acetate Monomer (VAM)
10.2.1.2. Purified Terephthalic Acid (PTA)
10.2.1.3. Ester Solvents
10.2.1.4. Acetic Anhydride
10.2.1.5. Ethyl Acetate
10.2.1.6. Ethanol
10.3. Global Acetic Acid Market by End User Industry
10.3.1. Segment Overview
10.3.1.1. Plastics and Polymers
10.3.1.2. Food and Beverage
10.3.1.3. Adhesives, Paints, and Coatings
10.3.1.4. Chemicals
10.3.1.5. Textile
10.3.1.6. Pharmaceuticals
10.3.1.7. Other End-user Industries
10.4. Global Acetic Acid Market by Region
10.4.1. North America
10.4.2. Latin America
10.4.3. Western Europe
10.4.4. Eastern Europe
10.4.5. Asia Pacific
10.4.6. Middle East & Africa
Chapter Eleven: Regional Analysis
11.1. North America Acetic Acid Market Analysis and Forecast2019-2028
11.1.1. Regional Market Overview and Key Takeaways
11.1.2. North America Acetic Acid Market by Form
11.1.3. North America Acetic Acid Market by Derivative
11.1.4. North America Acetic Acid Market by End User Industry
11.1.5. North America Acetic Acid Market by Country
11.1.5.1. US
11.1.5.2. Canada
11.2. Latin America Acetic Acid Market Analysis and Forecast2019-2028
11.2.1. Regional Market Overview and Key Takeaways
11.2.2. Latin America Acetic Acid Market by Form
11.2.3. Latin America Acetic Acid Market by Derivative
11.2.4. Latin America Acetic Acid Market by End User Industry
11.2.5. Latin America Acetic Acid Market by Country
11.2.5.1. Brazil
11.2.5.2. Mexico
11.2.5.3. Rest of Latin America
11.3. Western Europe Acetic Acid Market Analysis and Forecast2019-2028
11.3.1. Regional Market Overview and Key Takeaways
11.3.2. Western Europe Acetic Acid Market by Form
11.3.3. Western Europe Acetic Acid Market by Derivative
11.3.4. Western Europe Acetic Acid Market by End User Industry
11.3.5. Western Europe Acetic Acid Market by Country
11.3.5.1. Germany
11.3.5.2. UK
11.3.5.3. France
11.3.5.4. Spain
11.3.5.5. Italy
11.3.5.6. Benelux
11.3.5.7. Nordic
11.3.5.8. Rest of Western Europe
11.4. Eastern Europe Acetic Acid Market Analysis and Forecast2019-2028
11.4.1. Regional Market Overview and Key Takeaways
11.4.2. Eastern Europe Acetic Acid Market by Form
11.4.3. Eastern Europe Acetic Acid Market by Derivative
11.4.4. Eastern Europe Acetic Acid Market by End User Industry
11.4.5. Eastern Europe Acetic Acid Market by Country
11.4.5.1. Russia
11.4.5.2. Poland
11.4.5.3. Rest of Eastern Europe
11.5. Asia Pacific Acetic Acid Market Analysis and Forecast2019-2028
11.5.1. Regional Market Overview and Key Takeaways
11.5.2. Asia Pacific Acetic Acid Market by Form
11.5.3. Asia Pacific Acetic Acid Market by Derivative
11.5.4. Asia Pacific Acetic Acid Market by End User Industry
11.5.5. Asia Pacific Acetic Acid Market by Country
11.5.5.1. China
11.5.5.2. Japan
11.5.5.3. India
11.5.5.4. South Korea
11.5.5.5. Australia
11.5.5.6. ASEAN
11.5.5.7. Rest of Asia-Pacific
11.6. Middle East & Africa Acetic Acid Market Analysis and Forecast2019-2028
11.6.1. Regional Market Overview and Key Takeaways
11.6.2. Middle East & Africa Acetic Acid Market by Form
11.6.3. Middle East & Africa Acetic Acid Market by Derivative
11.6.4. Middle East & Africa Acetic Acid Market by End User Industry
11.6.5. Middle East & Africa Acetic Acid Market by Country
11.6.5.1. GCC
11.6.5.2. South Africa
11.6.5.3. Turkey
11.6.5.4. Rest of the Middle East & Africa
Chapter Twelve: Competitive Landscape
12.1. Competition Dashboard
12.1.1. Global and Regional Market Share Analysis
12.1.2. Market Structure
12.2. Competitive Benchmarking
12.3. Key Strategy Analysis
12.4. Company Profiles
12.4.1. Celanese Corporation
12.4.1.1. Company Overview
12.4.1.2. Product/Service Offerings
12.4.1.3. Financials
12.4.1.4. Recent Developments
12.4.2. INEOS Styrolution
12.4.2.1. Company Overview
12.4.2.2. Product/Service Offerings
12.4.2.3. Key Financials
12.4.2.4. Recent Developments
12.4.3. Eastman Chemical Company
12.4.3.1. Company Overview
12.4.3.2. Product/Service Offerings
12.4.3.3. Key Financials
12.4.3.4. Recent Developments
12.4.4. Jiangsu Sopo (Group) Co. , Ltd.
12.4.4.1. Company Overview
12.4.4.2. Product/Service Offerings
12.4.4.3. Financials
12.4.4.4. Recent Developments
12.4.5. China Petroleum & Chemical Corporation (Sinopec)
12.4.5.1. Company Overview
12.4.5.2. Product/Service Offerings
12.4.5.3. Financials
12.4.5.4. Recent Developments
12.4.6. Lyondell Basell Industries
12.4.6.1. Company Overview
12.4.6.2. Product/Service Offerings
12.4.6.3. Financials
12.4.6.4. Recent Developments
12.4.7. Saudi Basic Industries Corporation (SABIC)
12.4.7.1. Company Overview
12.4.7.2. Product/Service Offerings
12.4.7.3. Financials
12.4.7.4. Recent Developments
12.4.8. Mitsubishi Chemical Company
12.4.8.1. Company Overview
12.4.8.2. Product/Service Offerings
12.4.8.3. Financials
12.4.8.4. Recent Developments
12.4.9. PetroChina Co. Ltd.
12.4.9.1. Company Overview
12.4.9.2. Product/Service Offerings
12.4.9.3. Financials
12.4.9.4. Recent Developments
12.4.10. BASF SE
12.4.10.1. Company Overview
12.4.10.2. Product/Service Offerings
12.4.10.3. Financials
12.4.10.4. Recent Developments
12.4.11. Daicel Corporation
12.4.11.1. Company Overview
12.4.11.2. Product/Service Offerings
12.4.11.3. Financials
12.4.11.4. Recent Developments
12.4.12. Kingboard Chemical Holdings
12.4.12.1. Company Overview
12.4.12.2. Product/Service Offerings
12.4.12.3. Financials
12.4.12.4. Recent Developments
Chapter Thirteen: Disclaimer

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