Press release
Japan Acetic Acid Market Forecast 2025 - 2035: Market Size, CAGR, Growth Drivers & Leading Companies | Celanese, Eastman Chemical, INEOS
Tokyo, Japan, DataM Intelligence: The Japan Acetic Acid Market is valued at USD 962.1 million in 2024 and is expected to reach USD 1,728.2 million by 2035, growing at a CAGR of 5.47%.This growth is driven by surging demand for vinyl acetate monomer (VAM) used in paints, coatings, and adhesives, rising use in pharmaceuticals and food preservation, and expanded adoption in key regions like Kanto, Kansai, and Chubu due to advanced industrial and manufacturing infrastructure.
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Japan: Key Industry Developments
✅ October 2025: Mitsubishi Chemical Corporation introduced innovative acetic acid production techniques focused on energy efficiency and reducing carbon emissions, supporting regulatory compliance and industry sustainability goals.
✅ September 2025: Showa Denko completed a capacity expansion project for acetic acid manufacturing in Osaka, targeting rising demand in the pharmaceutical and food sectors.
✅ August 2025: Mitsui Chemicals launched high-purity acetic acid grades for electronics and specialty applications, enabling growth in downstream manufacturing sectors.
Mergers and Acquisitions (2025) - Acetic Acid Market:
✅ Mitsubishi Chemical Corporation acquired a domestic specialty chemicals firm to strengthen its supply and distribution of acetic acid derivatives.
✅ Showa Denko formed a strategic partnership with an international chemical company to co-develop sustainable acetic acid technologies for the Japanese market.
✅ Mitsui Chemicals invested in a joint venture with a regional manufacturer to enhance bio-based acetic acid production and expand export capabilities.
Key Players:
➡ Celanese Corporation - A leading global chemical and specialty materials company producing acetyl products and engineered materials.
➡ Jiangsu SOPO Co. Ltd. - A major Chinese producer of acetic acid and related derivatives.
➡ Eastman Chemical Company - Specializes in advanced materials, additives, and functional products.
➡ Daicel Corporation - A Japanese chemical company known for acetic acid and cellulose-based products.
➡ INEOS - A multinational chemicals company manufacturing petrochemicals, specialty chemicals, and oil products.
➡ Shandong Hualu-Hengsheng Chemical Co. Ltd. - Produces acetic acid, methanol, and other key chemical intermediates.
➡ Shanghai Huayi Company - Focuses on petrochemicals, synthetic materials, and fine chemicals.
➡ LyondellBasell Industries Holdings BV - One of the largest plastics, chemical, and refining companies globally.
➡ Yankuang Cathay Coal Chemicals Co. Ltd. - Engaged in coal-based chemical production and downstream processing.
➡ Kingboard Chemical Holdings Ltd. - Manufactures laminates, chemicals, and PCB materials.
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Key Segments:
➥ By Derivative: Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetic Anhydride, Ester Solvents, Ethyl Acetate, Others
➥ By Form: Powder, Liquid
➥ By End-User: Plastics & Polymers, Food & Beverage, Paints & Coatings, Chemicals, Pharmaceuticals, Others
Latest Industry Trends and News:
-Increasing adoption of bio-based and energy-efficient production processes in acetic acid manufacturing.
-Advanced grade acetic acid supports growth in electronics and specialty applications.
-Partnership and investment in sustainable manufacturing technologies accelerate competitive advantage.
-Expanding downstream industries fuel continuing demand for acetic acid derivatives in Japan.
Market Dynamics and Growth Drivers:
-Rising consumption of VAM for paints, adhesives, and coatings, driven by booming construction and automotive sectors.
-The expanding use of acetic acid in pharmaceuticals, food preservation, and flavoring, propelled by health-focused consumer trends.
-Technological innovation and sustainability in chemical manufacturing support efficient, low-carbon production.
-Strong regional demand from industrial hubs like Tokyo, Osaka, and Nagoya drives domestic market expansion.
Research Process:
Both primary and secondary data sources have been used in the Global Acetic Acid Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Q1: What is the current size of the Acetic Acid Market?
A: In 2024, the Acetic Acid Market was valued at USD 962.1 million, reflecting its strong industry presence.
Q2: How large is the Acetic Acid Market expected to be by 2035?
A: By 2035, industry forecasts suggest the Acetic Acid Market will grow to around USD 1,728.2 million, demonstrating significant expansion.
Q3: What is the growth rate of the Acetic Acid Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.47% during the forecast period from 2024 to 2035.
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