Report Highlights
The global market for acetic acid will grow from $5.9 billion in 2018 to nearly $7.6 billion by 2023, with a compound annual growth rate (CAGR) of 5.1% for the period of 2018-2023.
Report Includes
- An overview of the global market for acetic acid along with its derivatives market catering to different application segments
- Country specific data and analysis for China, India, Japan, Taiwan, France, Germany, UK, U.S., Brazil and South Africa
- Segmentation of the acetic acid derivatives market both in value and volumetric terms by end use applications and major geographical regions
- Elaboration of technological, regulatory, and economic trends that are affecting the acetic acid market
- An up-to-date analysis of recent developments and current global trends within the industry
- Discussion of competitive landscape which includes the key strategies adopted by the manufacturers and their comprehensive company profiles, including Bp Plc, Celanese Corp., Dowdupont Inc., Mitsubishi Chemical Corp., Lyondellbasell Industries Holdings B.V. and Saudi International Petrochemical Co. (SIPCHEM)
Report Scope
The scope of the report covers the overview and clear understanding of the global market scenario of acetic acid and its derivatives and analysis of global market trends, with market data for 2017, considered as the base year, 2018 as the estimate year, and forecast for 2023 with projection of CAGR during 2018 to 2023. Market data in value and volume is provided at global and regional levels for all major derivatives and their applications.
The report covers the discussion of technological, regulatory, and economic trends that are affecting the acetic acid market. The report has a review of the technological background of acetic acid, along with its production process, and identifies the current and emerging applications. It also explains the major drivers, restraints, opportunities, challenges and regional dynamics of the global acetic acid market; assesses current trends within the industry and presents the growth forecasts for the next five years. The regional acetic acid market is further segmented and forecasted for major countries such as U.S., Germany, China, U.K., China, India, etc.
The different derivatives of acetic acid which are considered in the report include vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetate esters, acetic anhydride and monochloroacetic acid (MCCA). The report further includes discussion of applications of these derivatives, such as paints and coatings, dyes and textiles, automotive, food and beverage, pharmaceuticals and cosmetics, agrochemicals, construction, animal feed, rubber, photography and other industries. The report concludes with a special focus on the competitive landscape which includes the key strategies adopted by the manufacturers, their market shares and detailed profiles of the major manufacturers, along with an overview, financial information, product portfolios of acetic acid products and their derivatives, key events and latest process developments in the global acetic acid market.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Advanced Materials for Extreme Environments: Global Markets (AVM198B)
- Rare Disease Diagnostics: Technologies and Global Markets (PHM227B)
- Breakthrough Therapies: Market Dynamics and Investment Opportunities (PHM176B)
- Green Hydrogen: Global Markets (ENV060B)
- Softgel Capsules: Global Markets (PHM244B)
Related Reports
The Global Market for Food Additives
The global market for food additives is expected to grow from $80.4 billion in 2024 and is projected to reach $106.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Carboxylic Acids: Applications and Global Markets to 2022
The global market for carboxylic acids will grow from $11.2 billion in 2017 to nearly $13.6 billion by 2022, at a compound annual growth rate (CAGR) of 3.9% for the period of 2017-2022.
Recent Reports
Technical Textiles: Global Markets
The global market for technical textiles is expected to grow from $213.8 billion in 2024 and is projected to reach $284.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Green Solvents: Technologies, Emerging Opportunities and Markets
The global market for green solvents reached $4.5 billion in 2023. The market is expected to grow from $4.9 billion in 2024 and forecast to reach $7.7 billion by 2029, at a compound annual growth rate (CAGR) of 9.3% from 2024 through 2029.
Specialty Chemicals Integrated Across Multiple Vertical Applications: Global Markets
The global market for specialty chemicals is estimated to increase from $1.3 trillion in 2023 to reach $1.7 trillion by 2029, at a compound annual growth rate (CAGR) of 4.9% from 2024 through 2029.
Global Markets and Advanced Technologies for Paints and Coatings
The global market for paints and coatings was valued at $194.0 billion in 2023. The market is expected to grow from $203.8 billion in 2024 and should reach $263.2 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029.
Global Markets for Adhesives & Sealants or Joining and Fastening
The global market for adhesives & sealants or joining and fastening is estimated to increase from $63.7 billion in 2023 to reach $81.6 billion by 2029, at a compound annual growth rate (CAGR) of 4.3% from 2024 through 2029.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More