아세트산 시장 : 용도별, 최종 이용 산업별 - 세계 기회 분석 및 산업 예측(2024-2033년)

Acetic Acid Market

The acetic acid market was valued at $19.2 billion in 2023 and is projected to reach $32.6 billion by 2033, growing at a CAGR of 5.4% from 2024 to 2033.

Acetic acid is an organic compound which exists in a colorless liquid form and is identified due to its sour taste and pungent smell. Along with water, acetic acid is a major component of vinegar. Chemically, the compound is a weak carboxylic acid. The acid is either produced synthetically or through bacterial fermentation. Acetic acid finds applications in diverse industrial applications, such as in paints, coatings, adhesives, pharmaceuticals, and food & beverage.

The chemical industry is a significant driver of the acetic acid industry as the compound is pivotal for the manufacturing of polymers, specialty chemicals, and solvents such as purified terephthalic acid (PTA), vinyl acetate monomer (VAM), acetate esters, and acetic anhydride. In addition, the expansion of the healthcare industry is boosting the demand for acetic acid. In healthcare, the compound is utilized for the development of several medications and drugs. The development of bio-based acetic acid is an emerging trend in the market, driven by sustainability concerns and regulatory pressures. Such bio-based acetic acid is manufactured from renewable feedstocks such as ethanol, biomass, or methane.

However, volatility in the prices of feedstock such as methanol or acetaldehyde influences the production costs and overall prices of acetic acid. This hampers the profitability of the manufacturers and limits market growth. Moreover, the regulatory landscape surrounding the production of acetic acid is highly stringent, hence restraining the market. For instance, the Clean Air Act in the U.S. puts rigorous control over acetic acid emissions and demands strict compliance with the National Ambient Air Quality Standards. On the contrary, constant explorations regarding the functionalities of acetic acid indicate a promising future for the market. For instance, in 2021, a group of Indian researchers reported the use of acetic acid as an antimicrobial edible food coating agent. This coating is beneficial in maintaining the freshness of fruits and vegetables, hence extending their shelf life.

Segment Review

The acetic acid market is segmented into application, end-use industry, and region. On the basis of application, the market is divided into acetic anhydride, cellulose acetate, vinyl acetate monomer, chloracetic acid, and others. As per end-use industry, it is classified into chemical manufacturing, food & beverage, pharmaceutical, textile, agriculture, personal care & cosmetics, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of application, the vinyl acetate monomer segment is expected to dominate during the forecast period.

As per end-use industry, the chemical manufacturing segment is projected to account for the highest market share throughout the forecast period.

Region wise, Asia-Pacific is anticipated to be the highest revenue generator by 2033.

Competition Analysis

The major players operating in the global acetic acid market include Eastman Chemical Company, Celanese Corporation, HELM AG, SABIC, East India Chemicals, LyondellBasell Industries Holdings B.V., Kakdiya Chemicals, Prakash Chemicals International Private Limited (PCIPL), Innova Corporate, and Anant Pharmaceuticals Pvt. Ltd. These players have adopted various key developmental strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the market.

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• Quarterly Update and* (only available with a corporate license, on listed price)
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Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

• Analysis of raw material in a product (by %)
• Manufacturing Capacity
• Investment Opportunities
• Product Life Cycles
• Upcoming/New Entrant by Regions
• Technology Trend Analysis
• New Product Development/ Product Matrix of Key Players
• Patient/epidemiology data at country, region, global level
• Regulatory Guidelines
• Strategic Recommendations
• Additional company profiles with specific to client's interest
• Additional country or region analysis- market size and forecast
• Average Selling Price Analysis / Price Point Analysis
• Brands Share Analysis
• Criss-cross segment analysis- market size and forecast
• Expanded list for Company Profiles
• Historic market data
• Import Export Analysis/Data
• SWOT Analysis
• Volume Market Size and Forecast

Key Market Segments

By Application

• Acetic anhydride
• Cellulose acetate
• Vinyl acetate monomer
• Chloroacetic acid
• Others

By End-Use Industry

• Chemical Manufacturing
• Food and Beverage
• Pharmaceutical
• Textile
• Agriculture
• Personal Care and Cosmetics
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Aia-Pacific
• LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players:

• Eastman Chemical Company
• Celanese Corporation
• HELM AG
• SABIC
• East India Chemicals
• LyondellBasell Industries Holdings B.V.
• Kakdiya Chemicals
• Prakash Chemicals International Private Limited (PCIPL)
• Innova Corporate
• Anant Pharmaceuticals Pvt. Ltd.

TABLE OF CONTENTS

CHAPTER 1: INTRODUCTION

• 1.1. Report Description
• 1.2. Key Market Segments
• 1.3. Key Benefits
• 1.4. Research Methodology
  • 1.4.1. Primary Research
  • 1.4.2. Secondary Research
  • 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

• 2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

• 3.1. Market Definition and Scope
• 3.2. Key Findings
  • 3.2.1. Top Investment Pockets
  • 3.2.2. Top Winning Strategies
• 3.3. Porter's Five Forces Analysis
  • 3.3.1. Bargaining Power of Suppliers
  • 3.3.2. Threat of New Entrants
  • 3.3.3. Threat of Substitutes
  • 3.3.4. Competitive Rivalry
  • 3.3.5. Bargaining Power among Buyers
• 3.4. Market Dynamics
  • 3.4.1. Drivers
  • 3.4.2. Restraints
  • 3.4.3. Opportunities

CHAPTER 4: ACETIC ACID MARKET, BY APPLICATION

• 4.1. Market Overview
  • 4.1.1 Market Size and Forecast, By Application
• 4.2. Acetic Anhydride
  • 4.2.1. Key Market Trends, Growth Factors and Opportunities
  • 4.2.2. Market Size and Forecast, By Region
  • 4.2.3. Market Share Analysis, By Country
• 4.3. Cellulose Acetate
  • 4.3.1. Key Market Trends, Growth Factors and Opportunities
  • 4.3.2. Market Size and Forecast, By Region
  • 4.3.3. Market Share Analysis, By Country
• 4.4. Vinyl Acetate Monomer
  • 4.4.1. Key Market Trends, Growth Factors and Opportunities
  • 4.4.2. Market Size and Forecast, By Region
  • 4.4.3. Market Share Analysis, By Country
• 4.5. Chloroacetic Acid
  • 4.5.1. Key Market Trends, Growth Factors and Opportunities
  • 4.5.2. Market Size and Forecast, By Region
  • 4.5.3. Market Share Analysis, By Country
• 4.6. Others
  • 4.6.1. Key Market Trends, Growth Factors and Opportunities
  • 4.6.2. Market Size and Forecast, By Region
  • 4.6.3. Market Share Analysis, By Country

CHAPTER 5: ACETIC ACID MARKET, BY END-USE INDUSTRY

• 5.1. Market Overview
  • 5.1.1 Market Size and Forecast, By End-use Industry
• 5.2. Chemical Manufacturing
  • 5.2.1. Key Market Trends, Growth Factors and Opportunities
  • 5.2.2. Market Size and Forecast, By Region
  • 5.2.3. Market Share Analysis, By Country
• 5.3. Food And Beverage
  • 5.3.1. Key Market Trends, Growth Factors and Opportunities
  • 5.3.2. Market Size and Forecast, By Region
  • 5.3.3. Market Share Analysis, By Country
• 5.4. Pharmaceutical
  • 5.4.1. Key Market Trends, Growth Factors and Opportunities
  • 5.4.2. Market Size and Forecast, By Region
  • 5.4.3. Market Share Analysis, By Country
• 5.5. Textile
  • 5.5.1. Key Market Trends, Growth Factors and Opportunities
  • 5.5.2. Market Size and Forecast, By Region
  • 5.5.3. Market Share Analysis, By Country
• 5.6. Agriculture
  • 5.6.1. Key Market Trends, Growth Factors and Opportunities
  • 5.6.2. Market Size and Forecast, By Region
  • 5.6.3. Market Share Analysis, By Country
• 5.7. Personal Care And Cosmetics
  • 5.7.1. Key Market Trends, Growth Factors and Opportunities
  • 5.7.2. Market Size and Forecast, By Region
  • 5.7.3. Market Share Analysis, By Country
• 5.8. Others
  • 5.8.1. Key Market Trends, Growth Factors and Opportunities
  • 5.8.2. Market Size and Forecast, By Region
  • 5.8.3. Market Share Analysis, By Country

CHAPTER 6: ACETIC ACID MARKET, BY REGION

• 6.1. Market Overview
  • 6.1.1 Market Size and Forecast, By Region
• 6.2. North America
  • 6.2.1. Key Market Trends and Opportunities
  • 6.2.2. Market Size and Forecast, By Application
  • 6.2.3. Market Size and Forecast, By End-use Industry
  • 6.2.4. Market Size and Forecast, By Country
  • 6.2.5. U.S. Acetic Acid Market
    • 6.2.5.1. Market Size and Forecast, By Application
    • 6.2.5.2. Market Size and Forecast, By End-use Industry
  • 6.2.6. Canada Acetic Acid Market
    • 6.2.6.1. Market Size and Forecast, By Application
    • 6.2.6.2. Market Size and Forecast, By End-use Industry
  • 6.2.7. Mexico Acetic Acid Market
    • 6.2.7.1. Market Size and Forecast, By Application
    • 6.2.7.2. Market Size and Forecast, By End-use Industry
• 6.3. Europe
  • 6.3.1. Key Market Trends and Opportunities
  • 6.3.2. Market Size and Forecast, By Application
  • 6.3.3. Market Size and Forecast, By End-use Industry
  • 6.3.4. Market Size and Forecast, By Country
  • 6.3.5. Germany Acetic Acid Market
    • 6.3.5.1. Market Size and Forecast, By Application
    • 6.3.5.2. Market Size and Forecast, By End-use Industry
  • 6.3.6. UK Acetic Acid Market
    • 6.3.6.1. Market Size and Forecast, By Application
    • 6.3.6.2. Market Size and Forecast, By End-use Industry
  • 6.3.7. France Acetic Acid Market
    • 6.3.7.1. Market Size and Forecast, By Application
    • 6.3.7.2. Market Size and Forecast, By End-use Industry
  • 6.3.8. Spain Acetic Acid Market
    • 6.3.8.1. Market Size and Forecast, By Application
    • 6.3.8.2. Market Size and Forecast, By End-use Industry
  • 6.3.9. Russia Acetic Acid Market
    • 6.3.9.1. Market Size and Forecast, By Application
    • 6.3.9.2. Market Size and Forecast, By End-use Industry
  • 6.3.10. Rest of Europe Acetic Acid Market
    • 6.3.10.1. Market Size and Forecast, By Application
    • 6.3.10.2. Market Size and Forecast, By End-use Industry
• 6.4. Asia-Pacific
  • 6.4.1. Key Market Trends and Opportunities
  • 6.4.2. Market Size and Forecast, By Application
  • 6.4.3. Market Size and Forecast, By End-use Industry
  • 6.4.4. Market Size and Forecast, By Country
  • 6.4.5. China Acetic Acid Market
    • 6.4.5.1. Market Size and Forecast, By Application
    • 6.4.5.2. Market Size and Forecast, By End-use Industry
  • 6.4.6. Japan Acetic Acid Market
    • 6.4.6.1. Market Size and Forecast, By Application
    • 6.4.6.2. Market Size and Forecast, By End-use Industry
  • 6.4.7. India Acetic Acid Market
    • 6.4.7.1. Market Size and Forecast, By Application
    • 6.4.7.2. Market Size and Forecast, By End-use Industry
  • 6.4.8. South Korea Acetic Acid Market
    • 6.4.8.1. Market Size and Forecast, By Application
    • 6.4.8.2. Market Size and Forecast, By End-use Industry
  • 6.4.9. Australia Acetic Acid Market
    • 6.4.9.1. Market Size and Forecast, By Application
    • 6.4.9.2. Market Size and Forecast, By End-use Industry
  • 6.4.10. Rest of Aia-pacific Acetic Acid Market
    • 6.4.10.1. Market Size and Forecast, By Application
    • 6.4.10.2. Market Size and Forecast, By End-use Industry
• 6.5. LAMEA
  • 6.5.1. Key Market Trends and Opportunities
  • 6.5.2. Market Size and Forecast, By Application
  • 6.5.3. Market Size and Forecast, By End-use Industry
  • 6.5.4. Market Size and Forecast, By Country
  • 6.5.5. Brazil Acetic Acid Market
    • 6.5.5.1. Market Size and Forecast, By Application
    • 6.5.5.2. Market Size and Forecast, By End-use Industry
  • 6.5.6. Saudi Arabia Acetic Acid Market
    • 6.5.6.1. Market Size and Forecast, By Application
    • 6.5.6.2. Market Size and Forecast, By End-use Industry
  • 6.5.7. South Africa Acetic Acid Market
    • 6.5.7.1. Market Size and Forecast, By Application
    • 6.5.7.2. Market Size and Forecast, By End-use Industry
  • 6.5.8. Rest of LAMEA Acetic Acid Market
    • 6.5.8.1. Market Size and Forecast, By Application
    • 6.5.8.2. Market Size and Forecast, By End-use Industry

CHAPTER 7: COMPETITIVE LANDSCAPE

• 7.1. Introduction
• 7.2. Top Winning Strategies
• 7.3. Product Mapping of Top 10 Player
• 7.4. Competitive Dashboard
• 7.5. Competitive Heatmap
• 7.6. Top Player Positioning, 2023

CHAPTER 8: COMPANY PROFILES

• 8.1. Eastman Chemical Company
  • 8.1.1. Company Overview
  • 8.1.2. Key Executives
  • 8.1.3. Company Snapshot
  • 8.1.4. Operating Business Segments
  • 8.1.5. Product Portfolio
  • 8.1.6. Business Performance
  • 8.1.7. Key Strategic Moves and Developments
• 8.2. Celanese Corporation
  • 8.2.1. Company Overview
  • 8.2.2. Key Executives
  • 8.2.3. Company Snapshot
  • 8.2.4. Operating Business Segments
  • 8.2.5. Product Portfolio
  • 8.2.6. Business Performance
  • 8.2.7. Key Strategic Moves and Developments
• 8.3. HELM AG
  • 8.3.1. Company Overview
  • 8.3.2. Key Executives
  • 8.3.3. Company Snapshot
  • 8.3.4. Operating Business Segments
  • 8.3.5. Product Portfolio
  • 8.3.6. Business Performance
  • 8.3.7. Key Strategic Moves and Developments
• 8.4. SABIC
  • 8.4.1. Company Overview
  • 8.4.2. Key Executives
  • 8.4.3. Company Snapshot
  • 8.4.4. Operating Business Segments
  • 8.4.5. Product Portfolio
  • 8.4.6. Business Performance
  • 8.4.7. Key Strategic Moves and Developments
• 8.5. East India Chemicals
  • 8.5.1. Company Overview
  • 8.5.2. Key Executives
  • 8.5.3. Company Snapshot
  • 8.5.4. Operating Business Segments
  • 8.5.5. Product Portfolio
  • 8.5.6. Business Performance
  • 8.5.7. Key Strategic Moves and Developments
• 8.6. LyondellBasell Industries Holdings B.V.
  • 8.6.1. Company Overview
  • 8.6.2. Key Executives
  • 8.6.3. Company Snapshot
  • 8.6.4. Operating Business Segments
  • 8.6.5. Product Portfolio
  • 8.6.6. Business Performance
  • 8.6.7. Key Strategic Moves and Developments
• 8.7. Kakdiya Chemicals
  • 8.7.1. Company Overview
  • 8.7.2. Key Executives
  • 8.7.3. Company Snapshot
  • 8.7.4. Operating Business Segments
  • 8.7.5. Product Portfolio
  • 8.7.6. Business Performance
  • 8.7.7. Key Strategic Moves and Developments
• 8.8. Prakash Chemicals International Private Limited (PCIPL)
  • 8.8.1. Company Overview
  • 8.8.2. Key Executives
  • 8.8.3. Company Snapshot
  • 8.8.4. Operating Business Segments
  • 8.8.5. Product Portfolio
  • 8.8.6. Business Performance
  • 8.8.7. Key Strategic Moves and Developments
• 8.9. Innova Corporate
  • 8.9.1. Company Overview
  • 8.9.2. Key Executives
  • 8.9.3. Company Snapshot
  • 8.9.4. Operating Business Segments
  • 8.9.5. Product Portfolio
  • 8.9.6. Business Performance
  • 8.9.7. Key Strategic Moves and Developments
• 8.10. Anant Pharmaceuticals Pvt. Ltd.
  • 8.10.1. Company Overview
  • 8.10.2. Key Executives
  • 8.10.3. Company Snapshot
  • 8.10.4. Operating Business Segments
  • 8.10.5. Product Portfolio
  • 8.10.6. Business Performance
  • 8.10.7. Key Strategic Moves and Developments