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Acetic Acid Market Share, Growth & Analysis, By Form, By Manufacturing Process, By Application, By End-Users, Segment Forecasts To 2027

  • ID: 5356043
  • Report
  • September 2020
  • Region: Global
  • 145 pages
  • Reports and Data

FEATURED COMPANIES

  • Daicel Corporation
  • DuPont
  • Eastman Chemical Company
  • GNFC Limited
  • Jiangsu Sopo (Group)
  • LyondellBasell
  • MORE
Growing demand for acetic acid for making various chemical formulations such as acetic anhydride, purified terephthalic acid, Vinyl Acetate Monomer (VAM), ketene, dimethylacetamide, and monochloroacetic, which are used in various rapidly growing end-use industries is a key factor driving market revenue growth.

Market Size - USD 9,441.7 Million in 2020, Market Growth - CAGR of 4.9%, Market Trends - Increasing adoption of acetic acid in the textile and packaging sectors globally.

The global acetic acid market size is expected to reach USD 13.90 Billion in 2028, and register a CAGR of 4.9% during the forecast period. Increasing consumption of acetic acid in diluted forms for application in household as a descaling agent, and as an important chemical reagent in the industrial sector is a major factor expected to drive revenue growth of the global acetic acid market.

The chemical is also used as a condiment as well as an acidity regulator in the food industry. Thus, rapidly growing food industry globally is expected to result in high demand for acetic acid as acidity regulator, which in turn is expected to drive market growth to a significant extent.

Some Key Findings From the Report:
  • Among the application segments, the vinyl acetate monomer segment accounted for the largest revenue share of 35.1% in 2020. This is due to increasing use of VAM in producing polyvinyl alcohol and polyvinyl acetate. Polyvinyl alcohol is widely used in water-soluble packaging, adhesives, coatings, and textile warp sizing, among others. In addition, polyvinyl acetate is utilized in adhesives, paints, paper coatings and textile treatment.
  • The Asia Pacific market accounted for the largest revenue contribution of USD 5,759.5 Million in the global acetic acid market in 2020, and is expected to continue with its dominance over the forecast period, due to presence of large number of major chemical companies in countries in the region, and growing consumption of acetic acid for production of Vinyl Acetate Monomer (VAM).
  • Key players profiled in the report include Mitsubishi Chemical Corporation, Sinopec, Wacker Chemie, GNFC Limited, Saudi International Petrochemicals, DuPont, Eastman Chemical Company, Daicel Corporation, Jiangsu Sopo (Group), and LyondellBasell. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global acetic acid market is segmented on the basis of form, manufacturing process, application, end use, and region:

Form Outlook (Revenue, USD Billion; 2018 - 2028)
  • Solid
  • Liquid
Manufacturing Process Outlook (Revenue, USD Billion; 2018 - 2028)
  • Biological Route
  • Synthetic Route
Application Outlook (Revenue, USD Billion; 2018 - 2028)
  • Acetic anhydride
  • Monochloroacetic
  • Textiles
  • Terephthalic acid
  • Vinyl acetate monomer
  • Ketene
  • Dimethylacetamide
  • Others
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
  • Food and Beverage
  • Plastics and Polymers
  • Chemicals
  • Inks, Paints, and Coatings
  • Others
Region Outlook (Revenue, USD Billion; 2018 - 2028)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
Reasons to Buy the Report
  • A robust analysis and estimation of the Acetic Acid Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Acetic Acid Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Daicel Corporation
  • DuPont
  • Eastman Chemical Company
  • GNFC Limited
  • Jiangsu Sopo (Group)
  • LyondellBasell
  • MORE
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Acetic Acid Market Segmentation & Impact Analysis
4.1. Acetic Acid Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Expansion of textile industry
4.2.2.2. High demand from APAC region
4.2.3. Market restraints analysis
4.2.3.1. Volatile raw material cost
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis

Chapter 5. Acetic Acid By Form Insights & Trends
5.1. Form Dynamics & Market Share, 2019 & 2027
5.2. Solid
5.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.3. Liquid
5.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)

Chapter 6. Acetic Acid By Manufacturing Process Insights & Trends
6.1. Manufacturing Process Dynamics & Market Share, 2019 & 2027
6.2. Biological Route
6.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3. Synthetic Route
6.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.3. Paraffin Oxidation
6.3.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.4. Methanol Carbonylation
6.3.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.5. Olefin Oxidation
6.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.6. Terephthalic/isophthalic acid coproduct
6.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)

Chapter 7. Acetic Acid By Application Insights & Trends
7.1. Application Dynamics & Market Share, 2019 & 2027
7.2. Acetic anhydride
7.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.3. Monochloroacetic
7.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.4. Textiles
7.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.5. Terephthalic acid
7.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.6. Vinyl acetate monomer
7.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.7. Ketene
7.7.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.7.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.8. Dimethylacetamide
7.8.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.8.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.9. Others
7.9.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.9.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)

Chapter 8. Acetic Acid By End-Users Insights & Trends
8.1. End-Users Dynamics & Market Share, 2019 & 2027
8.2. Food and Beverage
8.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.3. Plastics and Polymers
8.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.4. Chemicals
8.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.5. Inks, Paints, and Coatings
8.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.6. Others
8.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)

Chapter 9. Acetic Acid Market Regional Outlook
9.1. Acetic Acid Market share By Region, 2019 & 2027
9.2. North America
9.2.1. North America Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.2.2. North America Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.2.3. North America Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.2.4. North America Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.2.5. North America Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.2.6. U.S.
9.2.6.1. U.S. Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.2.6.2. U.S. Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.2.6.3. U.S. Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.2.6.4. U.S. Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.2.6.5. U.S. Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.3. Europe
9.3.1. Europe Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.3.2. Europe Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.3.3. Europe Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.3.4. Europe Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.3.5. Europe Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.3.6. U.K.
9.3.6.1. U.K. Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.3.6.2. U.K. Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.3.6.3. U.K. Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.3.6.4. U.K. Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.3.6.5. U.K. Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.3.7. France
9.3.7.1. France Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.3.7.2. France Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.3.7.3. France Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.3.7.4. France Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.3.7.5. France Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.4. Asia-Pacific
9.4.1. Asia-Pacific Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.4.2. Asia-Pacific Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.4.3. Asia-Pacific Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.4.4. Asia-Pacific Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.4.5. Asia-Pacific Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.4.6. China
9.4.6.1. China Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.4.6.2. China Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.4.6.3. China Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.4.6.4. China Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.4.6.5. China Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.4.7. India
9.4.7.1. India Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.4.7.2. India Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.4.7.3. India Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.4.7.4. India Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.4.7.5. India Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.4.8. Japan
9.4.8.1. Japan Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.4.8.2. Japan Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.4.8.3. Japan Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.4.8.4. Japan Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.4.8.5. Japan Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.5. Middle East and Africa
9.5.1. Middle East and Africa Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.5.2. Middle East and Africa Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.5.3. Middle East and Africa Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.5.4. Middle East and Africa Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.5.5. Middle East and Africa Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.6. Latin America
9.6.1. Latin America Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.6.2. Latin America Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.6.3. Latin America Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.6.4. Latin America Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.6.5. Latin America Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)
9.6.6. Brazil
9.6.6.1. Brazil Acetic Acid Market estimates and forecast, 2016 - 2027, (USD Million)
9.6.6.2. Brazil Acetic Acid Market estimates and forecast By Form, 2016 -2026, (USD Million)
9.6.6.3. Brazil Acetic Acid Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Million)
9.6.6.4. Brazil Acetic Acid Market estimates and forecast by Application, 2016 -2026, (USD Million)
9.6.6.5. Brazil Acetic Acid Market estimates and forecast By End Users, 2016 -2026, (USD Million)

Chapter 10. Competitive Landscape
10.1. Market Revenue Share By Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape

Chapter 11. Company Profiles
11.1. Mitsubishi Chemical Corporation
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. Sinopec
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. Wacker Chemie
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. GNFC Limited
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. Saudi International Petrochemicals
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
11.6. DuPont
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Technology Insights
11.6.4. Strategic Initiatives
11.7. Eastman Chemical Company
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Technology Insights
11.7.4. Strategic Initiatives
11.8. Daicel Corporation
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Technology Insights
11.8.4. Strategic Initiatives
11.9. Jiangsu Sopo (Group)
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Technology Insights
11.9.4. Strategic Initiatives
11.10. LyondellBasell
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Technology Insights
11.10.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • Mitsubishi Chemical Corporation
  • Sinopec
  • Wacker Chemie
  • GNFC Limited
  • Saudi International Petrochemicals
  • DuPont
  • Eastman Chemical Company
  • Daicel Corporation
  • Jiangsu Sopo (Group)
  • LyondellBasell
Note: Product cover images may vary from those shown
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