세계의 바이오 아세트산 시장 : 산업 규모, 점유율, 동향, 기회, 예측 - 공급원별, 용도별, 지역별, 경쟁(2020-2030년)

Bio-acetic Acid Market was valued at USD 241.04 Million in 2024 and is expected to reach USD 365.59 Million by 2030 with a CAGR of 7.37%.

The global bio-acetic acid market is witnessing robust growth, driven by the increasing shift towards sustainable and eco-friendly chemical production processes. Bio-acetic acid, derived from renewable biological sources through fermentation, serves as a vital alternative to petroleum-based acetic acid, addressing environmental concerns associated with fossil fuel dependency. This market encompasses production from biomass, corn starch, and other feedstocks, with applications spanning vinyl acetate monomer (VAM), acetic anhydride, acetate esters, and purified terephthalic acid (PTA), among others. The rising awareness of climate change and the need for carbon-neutral solutions have propelled industries such as textiles, pharmaceuticals, and food & beverages to adopt bio-based chemicals. For instance, policies like the European Union's Green Deal emphasize reducing greenhouse gas emissions by promoting bio-based materials, fostering innovation in fermentation technologies.

Key factors influencing the market include advancements in biotechnology that enhance yield efficiency and reduce production timelines. The integration of bio-acetic acid in biorefineries aligns with circular economy principles, utilizing agricultural residues and waste streams to minimize environmental impact. In the food sector, bio-acetic acid is favored for its natural preservative properties, supported by regulations such as the U.S. Food and Drug Administration's guidelines on clean-label ingredients. Similarly, in pharmaceuticals, its role in drug synthesis is bolstered by stringent quality standards from bodies like the International Council for Harmonisation. The market's expansion is also fueled by collaborations between chemical manufacturers and biotech firms to scale up production capacities.

Key Market Drivers

Increasing Regulatory Support for Sustainable Chemicals

The global push for sustainability has led to the implementation of stringent environmental regulations that favor bio-based chemicals over their fossil-derived counterparts. Governments worldwide are enacting policies to reduce carbon footprints and promote renewable resources, creating a conducive environment for bio-acetic acid adoption. For instance, the European Union's REACH regulation mandates the assessment of chemical substances for environmental impact, encouraging the use of bio-derived acids in manufacturing processes. This is complemented by the Farm to Fork Strategy, which aims to make food systems more sustainable by integrating bio-based preservatives like acetic acid from renewable sources.

In the United States, the Environmental Protection Agency's Safer Choice program highlights bio-acetic acid's role in safer chemical formulations, supported by data from lifecycle assessments showing lower greenhouse gas emissions compared to traditional methods. According to reports from international bodies, bio-acetic acid production can reduce CO2 emissions by up to significant margins through efficient fermentation, aligning with the Paris Agreement's climate objectives. Asia-Pacific nations, such as India, have introduced the National Biofuel Policy, which indirectly boosts bio-acetic acid by promoting biomass utilization in chemical industries.

These policies are backed by incentives like tax credits and grants for R&D in bioprocesses. For example, the U.S. Department of Energy's Bioenergy Technologies Office funds projects that enhance microbial fermentation for acids, leading to improved yields from agricultural waste. Data from industry associations indicate that such supports have accelerated the commercialization of bio-acetic acid, particularly in textiles where it replaces synthetic variants in fiber production. The alignment with global standards, such as ISO 14001 for environmental management, further drives market penetration.

These regulatory frameworks not only mitigate risks associated with volatile fossil fuel prices but also foster innovation in supply chains, ensuring long-term growth for the bio-acetic acid market.

Key Market Challenges

High Production Costs and Feedstock Variability

The bio-acetic acid market faces significant hurdles due to elevated production costs stemming from complex fermentation processes and the need for specialized equipment. Unlike petroleum-based acetic acid, bio-production requires controlled environments for microbial activity, leading to higher operational expenses. Feedstock variability, influenced by seasonal agricultural outputs, further complicates consistent supply, as biomass quality can affect yield efficiency.

Policies aimed at subsidizing bio-fuels sometimes divert resources away from chemical production, exacerbating cost pressures. For instance, data from agricultural reports indicate fluctuations in corn starch availability due to climate events, impacting raw material prices. This challenge is compounded by the need for R&D to stabilize processes, delaying market scalability.

Industry stakeholders must navigate these issues through strategic sourcing and partnerships, but the overall impact hinders competitive pricing against synthetic alternatives.

Key Market Trends

Integration of Bio-Acetic Acid in Circular Economy Models

The adoption of circular economy principles is a prominent trend, with bio-acetic acid being integrated into waste-to-value chains. Industries are leveraging agricultural and forestry residues for production, supported by policies like the EU's Circular Economy Action Plan, which promotes resource efficiency.

Facts from sustainability reports highlight how bio-refineries convert waste into acids, reducing landfill contributions and aligning with zero-waste goals. This trend fosters partnerships between chemical firms and agribusinesses, enhancing supply chain resilience. As a result, bio-acetic acid is increasingly viewed as a key enabler for sustainable manufacturing, driving innovation in multi-product biorefineries.

Key Market Players

• Eastman Chemical Company
• Airedale Chemical Co Ltd
• Bio-Corn Products EPZ Ltd
• Godavari Biorefineries Ltd (GBL)
• Sucroal SA
• Zea2 LLC
• Cargill Corporation
• Novozymes AS
• LanzaTech Inc
• Wacker Chemie AG
• SEKAB Biofuels & Chemicals AB
• Novomer Inc
• Cleanse International, Inc

Report Scope

In this report, the Global Bio-acetic Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Bio-acetic Acid Market, By Source:

• Biomass
• Corn
• Maize
• Sugar
• Other

Bio-acetic Acid Market, By Application:

• Vinyl Acetate Monomer
• Acetate Esters
• Purified Terephthalic Acid Acetic Anhydride
• Other

Bio-acetic Acid Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Bio-acetic Acid Market.

Available Customizations:

Global Bio-acetic Acid Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Disruptions: Conflicts, Pandemics, and Trade Barriers

5. Global Bio-acetic Acid Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value & Volume
• 5.2. Market Share & Forecast
  • 5.2.1. By Source (Biomass, Corn, Maize, Sugar, and Other Raw Materials)
  • 5.2.2. By Application (Vinyl Acetate Monomer, Acetate Esters, Purified Terephthalic Acid, Acetic Anhydride, and Other)
  • 5.2.3. By Region
  • 5.2.4. By Company (2024)
• 5.3. Market Map
  • 5.3.1. By Source
  • 5.3.2. By Application
  • 5.3.3. By Region

6. North America Bio-acetic Acid Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value & Volume
• 6.2. Market Share & Forecast
  • 6.2.1. By Source
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Bio-acetic Acid Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value & Volume
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Source
      • 6.3.1.2.2. By Application
  • 6.3.2. Mexico Bio-acetic Acid Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value & Volume
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Source
      • 6.3.2.2.2. By Application
  • 6.3.3. Canada Bio-acetic Acid Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value & Volume
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Source
      • 6.3.3.2.2. By Application

7. Europe Bio-acetic Acid Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value & Volume
• 7.2. Market Share & Forecast
  • 7.2.1. By Source
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. France Bio-acetic Acid Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value & Volume
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Source
      • 7.3.1.2.2. By Application
  • 7.3.2. Germany Bio-acetic Acid Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value & Volume
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Source
      • 7.3.2.2.2. By Application
  • 7.3.3. United Kingdom Bio-acetic Acid Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value & Volume
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Source
      • 7.3.3.2.2. By Application
  • 7.3.4. Spain Bio-acetic Acid Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value & Volume
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Source
      • 7.3.4.2.2. By Application
  • 7.3.5. Italy Bio-acetic Acid Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value & Volume
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Source
      • 7.3.5.2.2. By Application

8. Asia-Pacific Bio-acetic Acid Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value & Volume
• 8.2. Market Share & Forecast
  • 8.2.1. By Source
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Bio-acetic Acid Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value & Volume
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Source
      • 8.3.1.2.2. By Application
  • 8.3.2. India Bio-acetic Acid Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value & Volume
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Source
      • 8.3.2.2.2. By Application
  • 8.3.3. South Korea Bio-acetic Acid Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value & Volume
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Source
      • 8.3.3.2.2. By Application
  • 8.3.4. Japan Bio-acetic Acid Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value & Volume
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Source
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Bio-acetic Acid Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value & Volume
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Source
      • 8.3.5.2.2. By Application

9. South America Bio-acetic Acid Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value & Volume
• 9.2. Market Share & Forecast
  • 9.2.1. By Source
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Bio-acetic Acid Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value & Volume
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Source
      • 9.3.1.2.2. By Application
  • 9.3.2. Argentina Bio-acetic Acid Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value & Volume
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Source
      • 9.3.2.2.2. By Application

10. Middle East and Africa Bio-acetic Acid Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value & Volume
• 10.2. Market Share & Forecast
  • 10.2.1. By Source
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Bio-acetic Acid Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value & Volume
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Source
      • 10.3.1.2.2. By Application
  • 10.3.2. Saudi Arabia Bio-acetic Acid Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value & Volume
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Source
      • 10.3.2.2.2. By Application
  • 10.3.3. UAE Bio-acetic Acid Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value & Volume
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Source
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Product Launches
• 12.2. Mergers & Acquisitions
• 12.3. Technological Advancements

13. Global Bio-acetic Acid Market: SWOT Analysis

14. Pricing Analysis

15. Porter's Five Forces Analysis

• 15.1. Competition in the Industry
• 15.2. Potential of New Entrants
• 15.3. Power of Suppliers
• 15.4. Power of Customers
• 15.5. Threat of Substitute Products

16. Competitive Landscape

• 16.1. Eastman Chemical Company
  • 16.1.1. Business Overview
  • 16.1.2. Company Snapshot
  • 16.1.3. Products & Services
  • 16.1.4. Financials (In Case of Listed Companies)
  • 16.1.5. Recent Developments
  • 16.1.6. SWOT Analysis
• 16.2. Airedale Chemical Co Ltd
• 16.3. Bio-Corn Products EPZ Ltd
• 16.4. Godavari Biorefineries Ltd (GBL)
• 16.5. Sucroal SA
• 16.6. Zea2 LLC
• 16.7. Cargill Corporation
• 16.8. Novozymes AS
• 16.9. LanzaTech Inc
• 16.10. Wacker Chemie AG
• 16.11. SEKAB Biofuels & Chemicals AB
• 16.12. Novomer Inc
• 16.13. Cleanse International, Inc

17. Strategic Recommendations

18. About Us & Disclaimer