Authored By: Sarah
11 Jul 2023

Acetic Acid Market to grow by 5379.71 th t through 2023-2027  

The Global Acetic Acid Market is forecasted to have to grow at a CAGR of 5.39% between 2022 and 2027. It is estimated the market size will expand by 5379.71 thousand tons.

Navigating through the growth drivers of the Acetic Acid Market that are contributing to this market advancement comprises

  • The rise in the paints and coatings industry prompted market growth owing to its usage in paints, adhesives, paper coatings, and textile treatments.
  • Rapid industrialization, with a thriving construction industry, and an increase in residential home sales, paints, and coatings have boosted the market boom. 
  • Increasing demand for methanol is also catalyzing growth as turning methanol into acetic acid through chemical processes is currently the subject of research. 

Our report captures the growth trajectory of the market and is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Request for a comprehensive report summary today.

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Vendor Analysis: Vendors are implementing various strategies, to capitalize on market growth through various strategic means and provide acetic acid for a wide range of usage.

Airedale Chemical Co. Ltd offers acetic acid, blended acids, formaldehyde, hydrogen peroxide, and many other chemicals. The company's key offerings include acetic acid, which is used as a de-icing agent for airport runways.

Some of the prominent market players worth mentioning in this industry are Ashok Alco Chem Ltd., BP Plc, Celanese Corp., Daicel Corp., DubiChem Marine International, Eastman Chemical Co.GNFC Ltd., HELM AG, Indian Oil Corp. Ltd., INEOS Group Holdings SA, Jiangsu Sopo Corp. Ltd., Kingboard Holdings Ltd., Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem. Order a free sample report today.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 5.39%.

  2. What is the incremental growth of the market?
    The market is expected to grow by 5379.71 th t through 2023-2027.

  3. What is a key factor driving this market?
    The growing paints and coatings industry will drive market growth over the forecast period.

  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and the Middle East and Africa are the key regions featured in this research report.

  5. Which is the leading geographic region for this market:
    30% growth will originate from APAC
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