Bio-acetic Acid Market by Raw Material, Application, End-User - Russia Ukraine Conflict and High Inflation

List of Tables

The Global Bio-acetic Acid Market is forecasted to grow significantly, with a projected USD 284.23 million in 2023 at a CAGR of 7.07% and expected to reach a staggering USD 460.65 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Bio-acetic Acid Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Bio-acetic Acid Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Raw Material, market is studied across Biomass, Corn, Maize, and Sugar. The Biomass commanded largest market share of 41.12% in 2022, followed by Corn.

Based on Application, market is studied across Acetate Esters, Acetic Anhydride, Purified Terephthalic Acid, and Vinyl Acetate Monomer. The Vinyl Acetate Monomer commanded largest market share of 31.56% in 2022, followed by Purified Terephthalic Acid.

Based on End-User, market is studied across Chemical, Food & Beverage, Personal Care, and Pharmaceutical. The Chemical commanded largest market share of 28.23% in 2022, followed by Pharmaceutical.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 41.32% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Bio-acetic Acid Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Bio-acetic Acid Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Bio-acetic Acid Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Bio-acetic Acid Market?

4. What is the competitive strategic window for opportunities in the Global Bio-acetic Acid Market?

5. What are the technology trends and regulatory frameworks in the Global Bio-acetic Acid Market?

6. What is the market share of the leading vendors in the Global Bio-acetic Acid Market?

7. What modes and strategic moves are considered suitable for entering the Global Bio-acetic Acid Market?

Product Code: MRR-B16853779C54

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Bio-acetic Acid Market, by Raw Material, 2022 vs 2030
4.3. Bio-acetic Acid Market, by Application, 2022 vs 2030
4.4. Bio-acetic Acid Market, by End-User, 2022 vs 2030
4.5. Bio-acetic Acid Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Concerns associated with environmental and health impacts of synthetic acetic acid
  - 5.1.1.2. Growing use of bio-acetic acid to manufacture of photographic films and textiles
  - 5.1.1.3. Rising investments in construction industry and need for advanced coatings
- 5.1.2. Restraints
  - 5.1.2.1. Price volatility of organic materials for bioacetic acid making
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging use of genetic engineering techniques for acetic acid bioproduction
  - 5.1.3.2. Improved expansion of bio-acetic acid with sustainability certifications
- 5.1.4. Challenges
  - 5.1.4.1. Complexities associated with manufacturing of bio-based acetic acid
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Bio-acetic Acid Market, by Raw Material

6.1. Introduction
6.2. Biomass
6.3. Corn
6.4. Maize
6.5. Sugar

7. Bio-acetic Acid Market, by Application

7.1. Introduction
7.2. Acetate Esters
7.3. Acetic Anhydride
7.4. Purified Terephthalic Acid
7.5. Vinyl Acetate Monomer

8. Bio-acetic Acid Market, by End-User

8.1. Introduction
8.2. Chemical
8.3. Food & Beverage
8.4. Personal Care
8.5. Pharmaceutical

9. Americas Bio-acetic Acid Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Bio-acetic Acid Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Bio-acetic Acid Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Roquette Expands Global Reach of Plant-Based Excipients Portfolio with Complete Acquisition of Crest Cellulose
  - 12.3.1.2. Sulzer acquisition to scale up biopolymer production
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Eni and BASF launch joint R&D initiative to reduce the CO2 footprint of the transportation sector
- 12.3.3. Award, Recognition, & Expansion
  - 12.3.3.1. Celanese Expanding Portfolio of Sustainable Products Across Acetyl Chain

13. List of Company Mentioned

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing

1. AFYREN SAS

2. Airedale Chemical Company Limited

3. Aurochemicals

4. Biosimo Chemicals

5. Braskem Agencia

6. Celanese Corporation

7. Eidgenossische Technische Hochschule Zurich

8. EZ-Gro Inc.

9. GJ Chemical

10. Godavari Biorifineries Limited

11. Henry Schein, Inc.

12. Jubilant Ingrevia Limited

13. Lenzing AG

14. LyondellBasell Industries Holdings B.V.

15. Maha Automations

16. P2 Science, Inc

17. Rishi Chemtrade

18. Roquette Freres S.A.

19. Royal DSM N.V.

20. Sekab Biofuels & Chemicals AB

21. Sigma-Aldrich by Merck KGaA

22. Spectrum Laboratory Products, Inc.

23. Sucroal S.A.

24. Sulzer Ltd.

25. Super Bio Tech Marketing Company

26. Symrise AG

27. Vigon International, LLC by Azelis Holding S.A.