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Acetic Acid Market Growth Forecast and Competitive Analysis: Key Market Insights, Latest Trends, and Opportunities, 2025 to 2033

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    Report

  • 147 Pages
  • October 2024
  • Region: Global
  • OG Analysis
  • ID: 4834271
UP TO OFF until Oct 31st 2024

A Versatile Chemical Building Block, Fueled by Growth in Key Industries

The acetic acid market is experiencing a period of robust growth, driven by its versatility as a fundamental building block for a wide array of chemical products. Acetic acid, a colorless liquid with a characteristic pungent odor, is a key ingredient in the production of numerous chemicals, polymers, and pharmaceuticals, making it a cornerstone of several industries. 2024 has seen a notable uptick in demand for acetic acid, particularly in the production of polymers like vinyl acetate monomer (VAM), which is used extensively in the manufacturing of adhesives, paints, and coatings.

The growing focus on sustainable solutions is also driving innovation in the acetic acid market, with companies exploring greener production methods and alternative feedstocks. Looking ahead, the acetic acid market is expected to continue its upward trajectory in 2025 and beyond, driven by the expanding applications of its derivatives and the ongoing shift towards more sustainable production practices.

Acetic acid, a weak organic acid, serves as a crucial intermediate chemical in the production of various industrial and consumer products. Its primary applications include the manufacture of vinyl acetate monomer (VAM), used in the production of adhesives, paints, and coatings; the production of acetic anhydride, used in the synthesis of pharmaceuticals and polymers; and the production of cellulose acetate, a key ingredient in textiles and photographic films. The market for acetic acid is experiencing a shift towards more sustainable production methods, driven by growing environmental concerns and the need to reduce dependence on fossil fuels.

Table of Contents

1. Tables and Figures
2. Global Acetic Acid Market Review, 2024
2.1 Acetic Acid Industry Overview
2.2 Research Methodology
3. Acetic Acid Market Insights
3.1 Acetic Acid Market Trends to 2032
3.2 Future Opportunities in Acetic Acid Market
3.3 Dominant Applications of Acetic Acid, 2024 Vs 2032
3.4 Key Types of Acetic Acid, 2024 Vs 2032
3.5 Leading End Uses of Acetic Acid Market, 2024 Vs 2032
3.6 High Prospect Countries for Acetic Acid Market, 2024 Vs 2032
4. Acetic Acid Market Trends, Drivers, and Restraints
4.1 Latest Trends and Recent Developments in Acetic Acid Market
4.2 Key Factors Driving the Acetic Acid Market Growth
4.2 Major Challenges to the Acetic Acid industry, 2024-2032
4.3 Impact of Wars and geo-political tensions on Acetic Acid supplychain
5. Five Forces Analysis for Global Acetic Acid Market
5.1 Acetic Acid Industry Attractiveness Index, 2024
5.2 Acetic Acid Market Threat of New Entrants
5.3 Acetic Acid Market Bargaining Power of Suppliers
5.4 Acetic Acid Market Bargaining Power of Buyers
5.5 Acetic Acid Market Intensity of Competitive Rivalry
5.6 Acetic Acid Market Threat of Substitutes
6. Global Acetic Acid Market Data - Industry Size, Share, and Outlook
6.1 Acetic Acid Market Annual Sales Outlook, 2024-2032 ($ Million)
6.1 Global Acetic Acid Market Annual Sales Outlook by Type, 2024-2032 ($ Million)
6.2 Global Acetic Acid Market Annual Sales Outlook by Application, 2024-2032 ($ Million)
6.3 Global Acetic Acid Market Annual Sales Outlook by End-User, 2024-2032 ($ Million)
6.4 Global Acetic Acid Market Annual Sales Outlook by Region, 2024-2032 ($ Million)
7. Asia Pacific Acetic Acid Industry Statistics - Market Size, Share, Competition and Outlook
7.1 Asia Pacific Market Insights, 2024
7.2 Asia Pacific Acetic Acid Market Revenue Forecast by Type, 2024-2032 (USD Million)
7.3 Asia Pacific Acetic Acid Market Revenue Forecast by Application, 2024-2032(USD Million)
7.4 Asia Pacific Acetic Acid Market Revenue Forecast by End-User, 2024-2032 (USD Million)
7.5 Asia Pacific Acetic Acid Market Revenue Forecast by Country, 2024-2032 (USD Million)
7.5.1 China Acetic Acid Analysis and Forecast to 2032
7.5.2 Japan Acetic Acid Analysis and Forecast to 2032
7.5.3 India Acetic Acid Analysis and Forecast to 2032
7.5.4 South Korea Acetic Acid Analysis and Forecast to 2032
7.5.5 Australia Acetic Acid Analysis and Forecast to 2032
7.5.6 Indonesia Acetic Acid Analysis and Forecast to 2032
7.5.7 Malaysia Acetic Acid Analysis and Forecast to 2032
7.5.8 Vietnam Acetic Acid Analysis and Forecast to 2032
7.6 Leading Companies in Asia Pacific Acetic Acid Industry
8. Europe Acetic Acid Market Historical Trends, Outlook, and Business Prospects
8.1 Europe Key Findings, 2024
8.2 Europe Acetic Acid Market Size and Percentage Breakdown by Type, 2024-2032 (USD Million)
8.3 Europe Acetic Acid Market Size and Percentage Breakdown by Application, 2024-2032 (USD Million)
8.4 Europe Acetic Acid Market Size and Percentage Breakdown by End-User, 2024-2032 (USD Million)
8.5 Europe Acetic Acid Market Size and Percentage Breakdown by Country, 2024-2032 (USD Million)
8.5.1 2024 Germany Acetic Acid Market Size and Outlook to 2032
8.5.2 2024 United Kingdom Acetic Acid Market Size and Outlook to 2032
8.5.3 2024 France Acetic Acid Market Size and Outlook to 2032
8.5.4 2024 Italy Acetic Acid Market Size and Outlook to 2032
8.5.5 2024 Spain Acetic Acid Market Size and Outlook to 2032
8.5.6 2024 BeNeLux Acetic Acid Market Size and Outlook to 2032
8.5.7 2024 Russia Acetic Acid Market Size and Outlook to 2032
8.6 Leading Companies in Europe Acetic Acid Industry
9. North America Acetic Acid Market Trends, Outlook, and Growth Prospects
9.1 North America Snapshot, 2024
9.2 North America Acetic Acid Market Analysis and Outlook by Type, 2024-2032($ Million)
9.3 North America Acetic Acid Market Analysis and Outlook by Application, 2024-2032($ Million)
9.4 North America Acetic Acid Market Analysis and Outlook by End-User, 2024-2032($ Million)
9.5 North America Acetic Acid Market Analysis and Outlook by Country, 2024-2032($ Million)
9.5.1 United States Acetic Acid Market Analysis and Outlook
9.5.2 Canada Acetic Acid Market Analysis and Outlook
9.5.3 Mexico Acetic Acid Market Analysis and Outlook
9.6 Leading Companies in North America Acetic Acid Business
10. South America Acetic Acid Market Drivers, Challenges, and Growth Prospects
10.1 South America Snapshot, 2024
10.2 South America Acetic Acid Market Future by Type, 2024-2032($ Million)
10.3 South America Acetic Acid Market Future by Application, 2024-2032($ Million)
10.4 South America Acetic Acid Market Future by End-User, 2024-2032($ Million)
10.5 South America Acetic Acid Market Future by Country, 2024-2032($ Million)
10.5.1 Brazil Acetic Acid Market Analysis and Outlook to 2032
10.5.2 Argentina Acetic Acid Market Analysis and Outlook to 2032
10.5.3 Chile Acetic Acid Market Analysis and Outlook to 2032
10.6 Leading Companies in South America Acetic Acid Industry
11. Middle East Africa Acetic Acid Market Outlook and Growth Prospects
11.1 Middle East Africa Overview, 2024
11.2 Middle East Africa Acetic Acid Market Statistics by Type, 2024-2032 (USD Million)
11.3 Middle East Africa Acetic Acid Market Statistics by Application, 2024-2032 (USD Million)
11.4 Middle East Africa Acetic Acid Market Statistics by End-User, 2024-2032 (USD Million)
11.5 Middle East Africa Acetic Acid Market Statistics by Country, 2024-2032 (USD Million)
11.5.1 South Africa Acetic Acid Market Outlook
11.5.2 Egypt Acetic Acid Market Outlook
11.5.3 Saudi Arabia Acetic Acid Market Outlook
11.5.4 Iran Acetic Acid Market Outlook
11.5.5 UAE Acetic Acid Market Outlook
11.6 Leading Companies in Middle East Africa Acetic Acid Business
12. Acetic Acid Market Structure and Competitive Landscape
12.1 Key Companies in Acetic Acid Business
12.2 Acetic Acid Key Player Benchmarking
12.3 Acetic Acid Product Portfolio
12.4 Financial Analysis
12.5 SWOT and Financial Analysis Review
14. Latest News, Deals, and Developments in Acetic Acid Market
14.1 Acetic Acid trade export, import value and price analysis
15. Appendix
15.1 Publisher Expertise
15.2 Acetic Acid Industry Report Sources and Methodology

Companies Mentioned

  • BASF
  • Celanese
  • Eastman Chemical
  • INEOS
  • Methanex
  • LyondellBasell
  • SABIC
  • Dow Chemical
  • ExxonMobil
  • Shell
  • Sinopec
  • PetroChina
  • Mitsubishi Chemical
  • Sumitomo Chemical
  • Toray Industries

Methodology

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