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Global Acetic Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

May 2024 | 114 pages | ID: G4258D5B321EN
GlobalInfoResearch

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According to our (Global Info Research) latest study, the global Acetic Acid market size was valued at USD 11190 million in 2023 and is forecast to a readjusted size of USD 14370 million by 2030 with a CAGR of 3.6% during review period.

Acetic acid is a colourless liquid organic compound with the chemical formula CH3COOH (also written as CH3CO2H or C2H4O2). When undiluted, it is sometimes called glacial acetic acid. Vinegar is roughly 3–9% acetic acid by volume, making acetic acid the main component of vinegar apart from water. Acetic acid has a distinctive sour taste and pungent smell. In addition to household vinegar, it is mainly produced as a precursor to polyvinyl acetate and cellulose acetate. It is classified as a weak acid since it only partially dissociates in solution, but concentrated acetic acid is corrosive and can attack the skin.

China is the world’s largest producer of acetic acid, accounting for 52.70% of the world’s total production capacity in 2017. Besides, Celanese’s acetic acid plant has become the world’s largest acetic acid production plant, its production capacity has reached 3150 K MT. BP-Amoco company is the No.1 of European producers, with the production capacity of 2800 K MT.

The Global Info Research report includes an overview of the development of the Acetic Acid industry chain, the market status of Vinyl Acetate Monomer (Acetic Acid(36% to 38%), Glacial Acetic Acid(More than 98%)), Purified Terephthalic Acid (Acetic Acid(36% to 38%), Glacial Acetic Acid(More than 98%)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Acetic Acid.

Regionally, the report analyzes the Acetic Acid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Acetic Acid market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Acetic Acid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Acetic Acid industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Acetic Acid(36% to 38%), Glacial Acetic Acid(More than 98%)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Acetic Acid market.

Regional Analysis: The report involves examining the Acetic Acid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Acetic Acid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Acetic Acid:

Company Analysis: Report covers individual Acetic Acid manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Acetic Acid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Vinyl Acetate Monomer, Purified Terephthalic Acid).

Technology Analysis: Report covers specific technologies relevant to Acetic Acid. It assesses the current state, advancements, and potential future developments in Acetic Acid areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Acetic Acid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Acetic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
  • Acetic Acid(36% to 38%)
  • Glacial Acetic Acid(More than 98%)
Market segment by Application
  • Vinyl Acetate Monomer
  • Purified Terephthalic Acid
  • Acetic Anhydride
  • Others
Major players covered
  • Celanese
  • Bp
  • Eastman
  • Daicel
  • Lyondellbasell
  • Jiangsu Sopo
  • Shanghai Huayi
  • Kingboard Chemical
  • Shandong Hualu-Hengsheng
  • Yankuang Cathay Coal Chemicals
  • Chongqing Yangtze River Chemical
Market segment by region, regional analysis covers
  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Acetic Acid product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Acetic Acid, with price, sales, revenue and global market share of Acetic Acid from 2019 to 2024.

Chapter 3, the Acetic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Acetic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Acetic Acid market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Acetic Acid.

Chapter 14 and 15, to describe Acetic Acid sales channel, distributors, customers, research findings and conclusion.
1 MARKET OVERVIEW

1.1 Product Overview and Scope of Acetic Acid
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
  1.3.1 Overview: Global Acetic Acid Consumption Value by Type: 2019 Versus 2023 Versus 2030
  1.3.2 Acetic Acid(36% to 38%)
  1.3.3 Glacial Acetic Acid(More than 98%)
1.4 Market Analysis by Application
  1.4.1 Overview: Global Acetic Acid Consumption Value by Application: 2019 Versus 2023 Versus 2030
  1.4.2 Vinyl Acetate Monomer
  1.4.3 Purified Terephthalic Acid
  1.4.4 Acetic Anhydride
  1.4.5 Others
1.5 Global Acetic Acid Market Size & Forecast
  1.5.1 Global Acetic Acid Consumption Value (2019 & 2023 & 2030)
  1.5.2 Global Acetic Acid Sales Quantity (2019-2030)
  1.5.3 Global Acetic Acid Average Price (2019-2030)

2 MANUFACTURERS PROFILES

2.1 Celanese
  2.1.1 Celanese Details
  2.1.2 Celanese Major Business
  2.1.3 Celanese Acetic Acid Product and Services
  2.1.4 Celanese Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.1.5 Celanese Recent Developments/Updates
2.2 Bp
  2.2.1 Bp Details
  2.2.2 Bp Major Business
  2.2.3 Bp Acetic Acid Product and Services
  2.2.4 Bp Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.2.5 Bp Recent Developments/Updates
2.3 Eastman
  2.3.1 Eastman Details
  2.3.2 Eastman Major Business
  2.3.3 Eastman Acetic Acid Product and Services
  2.3.4 Eastman Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.3.5 Eastman Recent Developments/Updates
2.4 Daicel
  2.4.1 Daicel Details
  2.4.2 Daicel Major Business
  2.4.3 Daicel Acetic Acid Product and Services
  2.4.4 Daicel Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.4.5 Daicel Recent Developments/Updates
2.5 Lyondellbasell
  2.5.1 Lyondellbasell Details
  2.5.2 Lyondellbasell Major Business
  2.5.3 Lyondellbasell Acetic Acid Product and Services
  2.5.4 Lyondellbasell Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.5.5 Lyondellbasell Recent Developments/Updates
2.6 Jiangsu Sopo
  2.6.1 Jiangsu Sopo Details
  2.6.2 Jiangsu Sopo Major Business
  2.6.3 Jiangsu Sopo Acetic Acid Product and Services
  2.6.4 Jiangsu Sopo Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.6.5 Jiangsu Sopo Recent Developments/Updates
2.7 Shanghai Huayi
  2.7.1 Shanghai Huayi Details
  2.7.2 Shanghai Huayi Major Business
  2.7.3 Shanghai Huayi Acetic Acid Product and Services
  2.7.4 Shanghai Huayi Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.7.5 Shanghai Huayi Recent Developments/Updates
2.8 Kingboard Chemical
  2.8.1 Kingboard Chemical Details
  2.8.2 Kingboard Chemical Major Business
  2.8.3 Kingboard Chemical Acetic Acid Product and Services
  2.8.4 Kingboard Chemical Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.8.5 Kingboard Chemical Recent Developments/Updates
2.9 Shandong Hualu-Hengsheng
  2.9.1 Shandong Hualu-Hengsheng Details
  2.9.2 Shandong Hualu-Hengsheng Major Business
  2.9.3 Shandong Hualu-Hengsheng Acetic Acid Product and Services
  2.9.4 Shandong Hualu-Hengsheng Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.9.5 Shandong Hualu-Hengsheng Recent Developments/Updates
2.10 Yankuang Cathay Coal Chemicals
  2.10.1 Yankuang Cathay Coal Chemicals Details
  2.10.2 Yankuang Cathay Coal Chemicals Major Business
  2.10.3 Yankuang Cathay Coal Chemicals Acetic Acid Product and Services
  2.10.4 Yankuang Cathay Coal Chemicals Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.10.5 Yankuang Cathay Coal Chemicals Recent Developments/Updates
2.11 Chongqing Yangtze River Chemical
  2.11.1 Chongqing Yangtze River Chemical Details
  2.11.2 Chongqing Yangtze River Chemical Major Business
  2.11.3 Chongqing Yangtze River Chemical Acetic Acid Product and Services
  2.11.4 Chongqing Yangtze River Chemical Acetic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
  2.11.5 Chongqing Yangtze River Chemical Recent Developments/Updates

3 COMPETITIVE ENVIRONMENT: ACETIC ACID BY MANUFACTURER

3.1 Global Acetic Acid Sales Quantity by Manufacturer (2019-2024)
3.2 Global Acetic Acid Revenue by Manufacturer (2019-2024)
3.3 Global Acetic Acid Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
  3.4.1 Producer Shipments of Acetic Acid by Manufacturer Revenue ($MM) and Market Share (%): 2023
  3.4.2 Top 3 Acetic Acid Manufacturer Market Share in 2023
  3.4.2 Top 6 Acetic Acid Manufacturer Market Share in 2023
3.5 Acetic Acid Market: Overall Company Footprint Analysis
  3.5.1 Acetic Acid Market: Region Footprint
  3.5.2 Acetic Acid Market: Company Product Type Footprint
  3.5.3 Acetic Acid Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 CONSUMPTION ANALYSIS BY REGION

4.1 Global Acetic Acid Market Size by Region
  4.1.1 Global Acetic Acid Sales Quantity by Region (2019-2030)
  4.1.2 Global Acetic Acid Consumption Value by Region (2019-2030)
  4.1.3 Global Acetic Acid Average Price by Region (2019-2030)
4.2 North America Acetic Acid Consumption Value (2019-2030)
4.3 Europe Acetic Acid Consumption Value (2019-2030)
4.4 Asia-Pacific Acetic Acid Consumption Value (2019-2030)
4.5 South America Acetic Acid Consumption Value (2019-2030)
4.6 Middle East and Africa Acetic Acid Consumption Value (2019-2030)

5 MARKET SEGMENT BY TYPE

5.1 Global Acetic Acid Sales Quantity by Type (2019-2030)
5.2 Global Acetic Acid Consumption Value by Type (2019-2030)
5.3 Global Acetic Acid Average Price by Type (2019-2030)

6 MARKET SEGMENT BY APPLICATION

6.1 Global Acetic Acid Sales Quantity by Application (2019-2030)
6.2 Global Acetic Acid Consumption Value by Application (2019-2030)
6.3 Global Acetic Acid Average Price by Application (2019-2030)

7 NORTH AMERICA

7.1 North America Acetic Acid Sales Quantity by Type (2019-2030)
7.2 North America Acetic Acid Sales Quantity by Application (2019-2030)
7.3 North America Acetic Acid Market Size by Country
  7.3.1 North America Acetic Acid Sales Quantity by Country (2019-2030)
  7.3.2 North America Acetic Acid Consumption Value by Country (2019-2030)
  7.3.3 United States Market Size and Forecast (2019-2030)
  7.3.4 Canada Market Size and Forecast (2019-2030)
  7.3.5 Mexico Market Size and Forecast (2019-2030)

8 EUROPE

8.1 Europe Acetic Acid Sales Quantity by Type (2019-2030)
8.2 Europe Acetic Acid Sales Quantity by Application (2019-2030)
8.3 Europe Acetic Acid Market Size by Country
  8.3.1 Europe Acetic Acid Sales Quantity by Country (2019-2030)
  8.3.2 Europe Acetic Acid Consumption Value by Country (2019-2030)
  8.3.3 Germany Market Size and Forecast (2019-2030)
  8.3.4 France Market Size and Forecast (2019-2030)
  8.3.5 United Kingdom Market Size and Forecast (2019-2030)
  8.3.6 Russia Market Size and Forecast (2019-2030)
  8.3.7 Italy Market Size and Forecast (2019-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific Acetic Acid Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Acetic Acid Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Acetic Acid Market Size by Region
  9.3.1 Asia-Pacific Acetic Acid Sales Quantity by Region (2019-2030)
  9.3.2 Asia-Pacific Acetic Acid Consumption Value by Region (2019-2030)
  9.3.3 China Market Size and Forecast (2019-2030)
  9.3.4 Japan Market Size and Forecast (2019-2030)
  9.3.5 Korea Market Size and Forecast (2019-2030)
  9.3.6 India Market Size and Forecast (2019-2030)
  9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
  9.3.8 Australia Market Size and Forecast (2019-2030)

10 SOUTH AMERICA

10.1 South America Acetic Acid Sales Quantity by Type (2019-2030)
10.2 South America Acetic Acid Sales Quantity by Application (2019-2030)
10.3 South America Acetic Acid Market Size by Country
  10.3.1 South America Acetic Acid Sales Quantity by Country (2019-2030)
  10.3.2 South America Acetic Acid Consumption Value by Country (2019-2030)
  10.3.3 Brazil Market Size and Forecast (2019-2030)
  10.3.4 Argentina Market Size and Forecast (2019-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Acetic Acid Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Acetic Acid Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Acetic Acid Market Size by Country
  11.3.1 Middle East & Africa Acetic Acid Sales Quantity by Country (2019-2030)
  11.3.2 Middle East & Africa Acetic Acid Consumption Value by Country (2019-2030)
  11.3.3 Turkey Market Size and Forecast (2019-2030)
  11.3.4 Egypt Market Size and Forecast (2019-2030)
  11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
  11.3.6 South Africa Market Size and Forecast (2019-2030)

12 MARKET DYNAMICS

12.1 Acetic Acid Market Drivers
12.2 Acetic Acid Market Restraints
12.3 Acetic Acid Trends Analysis
12.4 Porters Five Forces Analysis
  12.4.1 Threat of New Entrants
  12.4.2 Bargaining Power of Suppliers
  12.4.3 Bargaining Power of Buyers
  12.4.4 Threat of Substitutes
  12.4.5 Competitive Rivalry

13 RAW MATERIAL AND INDUSTRY CHAIN

13.1 Raw Material of Acetic Acid and Key Manufacturers
13.2 Manufacturing Costs Percentage of Acetic Acid
13.3 Acetic Acid Production Process
13.4 Acetic Acid Industrial Chain

14 SHIPMENTS BY DISTRIBUTION CHANNEL

14.1 Sales Channel
  14.1.1 Direct to End-User
  14.1.2 Distributors
14.2 Acetic Acid Typical Distributors
14.3 Acetic Acid Typical Customers

15 RESEARCH FINDINGS AND CONCLUSION

16 APPENDIX

16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer


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