Press release
Global Acetic Acid Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Acetic Acid
What Is the Acetic Acid Market Size and Projected Growth Rate?
In recent times, the market size of acetic acid has experienced robust growth. It is predicted to increase from $16.16 billion in 2024 to $17.09 billion in 2025, representing a compound annual growth rate (CAGR) of 5.8%. The historic period's expansion is due to factors such as the growth of the chemical industry, production in textile and fiber, applications in surface coating, extensive usage in the pharmaceutical sector, paper and pulp processing, and an escalation in the demand for water treatment.
The market size for acetic acid is predicted to experience substantial expansion in the coming years. The market is projected to reach $22.18 billion by 2029, witnessing a compound annual growth rate (CAGR) of 6.7%. The progression during the anticipated period could be due to factors like the manufacturing of bio-based acetic acid, escalating demand for ethyl acetate, development in the packaging sector, increasing emphasis on green chemistry, needs for acetic anhydride, and growing application in automotive coatings. The key trends throughout this period could involve investment in R&D, amalgamation and acquisitions through mergers, progression in food preservation technology, the influence of worldwide economic patterns and trade dynamics, as well as collaborations and partnerships.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8898
What Are the Major Segments in the Acetic Acid Market?
The acetic acid market covered in this report is segmented -
1) By Sales Channel: Direct Company Sale, Direct Import, Distributors And Traders, Retailers
2) By Application: Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol, Other Applications
3) By End-Use: Food And beverages, Paints And coating, Plastics And Polymers, Pharmaceutical, Chemicals, Other End-Uses
Subsegments:
1) By Direct Company Sale: Bulk Sales, Contract Sales
2) By Direct Import: International Trading Companies, Direct Import From Manufacturers
3) By Distributors And Traders: Regional Distributors, National Distributors, Specialty Traders
4) By Retailers: Online Retailers, Local Chemical Supply Stores, Industrial Supply Retailers
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8898&type=smp
What Are The Driving Acetic Acid Market Evolution?
The acetic acid market is predicted to grow due to an upsurge in the textile industry expansion. The textile sector encompasses exploration, creation, development, production, and dissemination of textiles, fabrics, and garments. Acetic acid is utilized in the textile industry for the production of items such as rayon, the primary component of latex, synthetic materials, and fabric coloring. As indicated by Royale International, a logistics solutions and international courier services provider in Hong Kong, the global textile market in 2021 was valued at $993.6 billion. It was projected to increase to $1,032.1 billion in 2022. Consequently, the escalating growth in the textile industry is spurring the development of the acetic acid market.
Which Firms Dominate The Acetic Acid Market Segments?
Major companies operating in the acetic acid market are Eastman Chemical Company, LyondellBasell Industries NV, Daicel Corporation, Shanghai Huayi Group Corporation Limited, Celanese Corporation, BP PLC, Saudi Basic Industries Corporation (SABIC), HELM AG, Airedale Chemical Company Limited, Indian Oil Corporation Limited, Wacker Chemie AG, DuPont de Nemours Inc., Mitsubishi Chemical Corporation, Showa Denko K.K., Kingboard Chemical Holdings Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Jubilant Life Sciences Limited, China Petroleum & Chemical Corporation (Sinopec), PetroChina Company Limited, Jiangsu Danhua Group Co. Ltd., Chang Chun Group, Chongqing Chuandong Chemical (Group) Co. Ltd., China National Chemical Corporation, Yankuang Cathay Coal Chemicals Co. Ltd., Sinochem Group, Sichuan Vinylon Works, Shandong Yankuang Group Co. Ltd., Sasol Limited, Saudi International Petrochemical Company, Solvay SA, Kuraray Co. Ltd., The Procter & Gamble Company
What Trends Are Expected to Dominate the Acetic Acid Market in the Next 5 Years?
Major firms in the acetic acid industry are prioritizing the development of eco-friendly solutions, such as innovative green ethanol-based acetic acid, to increase their market earnings. Green ethanol-based acetic acid involves the use of bio-based ethanol and follows the guidelines of green chemistry. For example, in April 2022, Jubilant Ingrevia Limited, a chemical company based in India, inaugurated its new plant for the production of green ethanol-based, food-grade acetic acid at its Indian manufacturing plant, hoping to satisfy the escalating global demand for food preservatives. The environmentally friendly bio-based raw material used to create green ethanol will be utilized in the manufacturing process of this product. It will provide a healthier alternative to petroleum-based acetic acid for food preservation applications.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/acetic-acid-global-market-report
Which Is The Largest Region In The Acetic Acid Market?
Asia-Pacific was the largest region in the acetic acid market analysis in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the acetic acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Acetic Acid Market?
2. What is the CAGR expected in the Acetic Acid Market?
3. What Are the Key Innovations Transforming the Acetic Acid Industry?
4. Which Region Is Leading the Acetic Acid Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Acetic Acid Market Outlook 2025-2034: Trends, Innovations, And Future Outlook here
News-ID: 3967383 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Acetic
Acetic Acid Price Report, Index, Chart and Forecast
Acetic Acid Industrial Grade Price Trends and Outlook (Ex-Works China)
The industrial-grade acetic acid market in China has experienced notable price fluctuations over the past two years. A year-on-year (YoY) comparison of prices from October to December shows a consistent decline from 2023 to 2024. In October 2023, the price stood at 550 USD/MT, dropping by 21% to 435 USD/MT in October 2024. This sharp decrease is indicative of weakened demand,…
Acetic Acid Prices, Index, Chart and Forecast
Acetic Acid Pricing Analysis - North America Last Quarter
Acetic Acid Prices in United States:
During the last quarter, Acetic Acid Prices in USA remained stable at $727 per metric ton, supported by a balanced supply and demand environment. Despite trade disputes and production challenges in vinyl acetate and PTA sectors, the market showed resilience. The Acetic Acid Price Index reflected minimal fluctuations, as moderate methanol cost increases were offset by steady…
Acetic Acid Market Projected to Show Strong Growth
The "Acetic Acid Market" intelligence report, just published by USD Analytics Market, covers insurers' micro-level study of important market niches, product offers, and sales channels. In order to determine market size, potential, growth trends, and competitive environment, the Acetic Acid Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the…
Usage of Acetic Anhydride Increasing in Pharmaceutical Sector
In the recent years, the healthcare sector has surged sharply in the developing nations of Asia-Pacific (APAC) such as India, China, Indonesia, and Thailand, primarily because of the huge research and development (R&D) investments and the expanding operations of various leading medical drug producing companies. In addition to these, the abundant availability of raw materials and low-cost labor also contributed toward the expansion of the healthcare sector in this region.
Download…
Acetic Anhydride Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Acetic Anhydride Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Acetic Anhydride players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Acetic Anhydride with respect to individual growth…
Acetic Acid Market Research & Development | Industry Report, 2022
The global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an important constituent of the textile and packaging industries. PTA is expected to witness the fastest growth with a CAGR of more than 4.9% from 2015…
