Acetic Acid Market, By Application (Vinyl acetate monomer, PTA, Acetate esters, Acetic anhydride, Others), By Region ( North America, Europe, Asia Pacific)

Description

Acetic Acid Market is estimated to be valued at USD 17.61 Bn in 2025 and is expected to reach USD 33.67 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.7% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 17.61 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	9.70%	2032 Value Projection:	USD 33.67 Bn

Among the application, the vinyl acetate monomer segment held a dominant position in the global acetic acid market in 2020 and is also expected to retain its dominance during the forecast period. This is owing to its high use in the applications such as packaging films, thickeners, and photosensitive coatings. This trend is further expected to foster demand for acetic acid during the forecast period.

Among regions, Asia Pacific is expected to account for a significant market share during the forecast period 2025-2032, owing to a high number of manufacturing units of fibers and paints and coating products which will increase the overall acid products demand. Acetic acid is primarily used in various applications and various end-use industries as it is a chemical reagent, mainly used in the manufacturing of cellulose acetate, wood glue, and synthetic fibers and fabric. Such trends in the Asia Pacific is expected to boost demand for Acetic Acid in this region during the forecast period.

Key features of the study:

This report provides in-depth analysis of acetic acid market, and provides market size (US$ Billion and Kilo Tons) and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global acetic acid market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Celanese corporation, British petroleum, Eastman chemical company, Jiangsu Sopo (group) co., ltd. , China petroleum & chemical corporation (Sinopec), Lyondell basell industries, Saudi basic industries corporation (Sabic), Mitsubishi chemical company, Petrochina co. Ltd., Petrochina co. Ltd., and Basf SE.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology upgradation, market expansion, and marketing tactics
The global acetic acid market report caters to various stakeholders in this industry including investors, suppliers, acetic acid manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global acetic acid market

Detailed Segmentation:

Global Acetic Acid Market, By Application:
- Vinyl acetate monomer
- PTA
- Acetate esters
- Acetic anhydride
- Others
Global Acetic Acid Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles
- Celanese Corporation
- British Petroleum
- Eastman Chemical Company
- Jiangsu Sopo (group) Co., Ltd.
- China Petroleum & Chemical Corporation (Sinopec)
- Lyondell Basell Industries
- Saudi Basic Industries Corporation (Sabic)
- Mitsubishi Chemical Company
- PetroChina Co. Ltd.
- Basf SE

Product Code: CMI4377

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Acetic Acid Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Acetic Acid Market - COVID-19
Impact Analysis

5. Global Acetic Acid Market, By Application, 2020-2032 (US$ Bn and Kilo Tons)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
Vinyl Acetate Monomer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn and Kilo Tons)
PTA
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn and Kilo Tons)
Acetate Esters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn and Kilo Tons)
Acetic Anhydride
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn and Kilo Tons)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn and Kilo Tons)

6. Global Acetic Acid Market, By Region, 2020-2032 (US$ Bn and Kilo Tons)

Introduction
- Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, For Regions, 2020-2032
North America
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020-2032
  - U.S.
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Canada
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Europe
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020-2032
  - U.K.
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Germany
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Italy
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
France
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Spain
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Russia
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Rest of Europe
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Asia Pacific
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020-2032
  - China
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
India
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Japan
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
South Korea
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Australia
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Rest of Asia Pacific
- Country Trends
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)
Rest of World
- Market Size and Forecast, By Application, 2020-2032 (US$ Bn and Kilo Tons)

7. Competitive Landscape

Company Profiles
- Celanese Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- British Petroleum
- Eastman Chemical Company
- Jiangsu Sopo (Group) Co., Ltd.
- China Petroleum & Chemical Corporation (Sinopec)
- Lyondell Basell Industries
- Saudi Basic Industries Corporation (SABIC)
- Mitsubishi Chemical Company
- PetroChina Co. Ltd.
- BASF SE

8. Section

References
Research Methodology
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