Europe Acetic Acid Market Size, Share & Industry Trends Analysis Report By Type (Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Acetic Acid Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,771.1 Kilo Tonnes, showcasing a growth of 1.2% (2019-2022).

Acetic acid is a simple carboxylic acid best known as the primary component in vinegar apart from water. It's a colorless liquid with a pungent, vinegary smell and is highly soluble in water. It is a versatile chemical with numerous applications in various industries. It remains an essential chemical in modern enterprise, and its demand continues to rise in multiple sectors. The most well-known application of acetic acid is in the food industry, where it's used to produce vinegar. Vinegar is a dilute solution of acetic acid in water, typically ranging from 4% to 8% acetic acid by volume. It's used for cooking, baking, pickling, and condiments.

Acetic acid is used in the production of synthetic fibers. Purified terephthalic acid (PTA), a precursor for polyethylene terephthalate (PET) fibers and resins, is produced from acetic acid. This acid is also used in the production of various plastics. Vinyl acetate monomer (VAM), synthesized using acetic acid, is a crucial precursor for producing polyvinyl acetate and polyvinyl alcohol. These are used in paints, adhesives, and films. It is employed as a raw material as well as a solvent in various chemical reactions. For instance, it's used to produce acetate esters, which are used as solvents for inks, paints, and coatings. Also, acetic acid is used in various chemical reactions and as a solvent in the pharmaceutical industry during specific processes.

The European market, embedded within the broader industrial fabric of the continent, has consistently been an influential actor on the global stage. As one of the epicenters of industrial activity and innovation, Europe's relationship with acetic acid is multifaceted and evolving, informed by technological advances, regulatory landscapes, and shifting market dynamics. Leading academic institutions and corporate research labs are tirelessly exploring next-generation production methods, diving into the potential of bio-based acetic acid and probing new applications that align with sustainability principles. As market dynamics ebb and flow, the commitment to adaptability and sustainability will steer Europe's market in the coming years.

The Germany market dominated the Europe Acetic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $949.3 million by 2029. The Russia market is anticipated to grow at a CAGR of 4.3% during (2023 - 2030). Additionally, The UK market would showcase a CAGR of 6.1% during (2023 - 2030).

Based on Type, the market is segmented into Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol, and Others. Based on countries, the market is segmented into Germany, Russia, UK, France, Italy, Netherlands, Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eastman Chemical Company, Celanese Corporation, The Dow Chemical Company (Dow Corning Ltd.), Indian Oil Corporation Ltd., Gujarat Narmada Valley Fertilizers & Chemicals Limited, Daicel Corporation, Airedale Chemical Holdings Limited, Helm AG , SABIC (Saudi Arabian Oil Company), and LyondellBasell Industries Holdings B.V.

Scope of the Study

Market Segments covered in the Report:

By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)

Vinyl Acetate Monomer
Acetic Anhydride
Acetate Esters
Purified Terephthalic Acid
Ethanol
Others

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

Germany
Russia
UK
France
Italy
Netherlands
Rest of Europe

Companies Profiled

Eastman Chemical Company
Celanese Corporation
The Dow Chemical Company (Dow Corning Ltd.)
Indian Oil Corporation Ltd.
Gujarat Narmada Valley Fertilizers & Chemicals Limited
Daicel Corporation
Airedale Chemical Holdings Limited
Helm AG
SABIC (Saudi Arabian Oil Company)
LyondellBasell Industries Holdings B.V.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Acetic Acid Market, by Type
- 1.4.2 Europe Acetic Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market At a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Force Analysis

Chapter 4. Europe Acetic Acid Market by Type

4.1 Europe Vinyl Acetate Monomer Market by Country
4.2 Europe Acetic Anhydride Market by Country
4.3 Europe Acetate Esters Market by Country
4.4 Europe Purified Terephthalic Acid Market by Country
4.5 Europe Ethanol Market by Country
4.6 Europe Others Market by Country

Chapter 5. Europe Acetic Acid Market by Country

5.1 Germany Acetic Acid Market
- 5.1.1 Germany Acetic Acid Market by Type
5.2 Russia Acetic Acid Market
- 5.2.1 Russia Acetic Acid Market by Type
5.3 UK Acetic Acid Market
- 5.3.1 UK Acetic Acid Market by Type
5.4 France Acetic Acid Market
- 5.4.1 France Acetic Acid Market by Type
5.5 Italy Acetic Acid Market
- 5.5.1 Italy Acetic Acid Market by Type
5.6 Netherlands Acetic Acid Market
- 5.6.1 Netherlands Acetic Acid Market by Type
5.7 Rest of Europe Acetic Acid Market
- 5.7.1 Rest of Europe Acetic Acid Market by Type

Chapter 6. Company Profiles

6.1 Eastman Chemical Company
- 6.1.1 Company Overview
- 6.1.2 Financial Analysis
- 6.1.3 Segmental and Regional Analysis
- 6.1.4 Research & Development Expense
- 6.1.5 Recent strategies and developments:
  - 6.1.5.1 Partnerships, Collaborations, and Agreements:
  - 6.1.5.2 Acquisition and Mergers:
- 6.1.6 SWOT Analysis
6.2 Celanese Corporation
- 6.2.1 Company Overview
- 6.2.2 Financial Analysis
- 6.2.3 Segmental and Regional Analysis
- 6.2.4 Research & Development Expenses
- 6.2.5 SWOT Analysis
6.3 The Dow Chemical Company (Dow Corning Ltd.)
- 6.3.1 Company Overview
- 6.3.2 Financial Analysis
- 6.3.3 Segmental and Regional Analysis
- 6.3.4 Research & Development Expenses
- 6.3.5 SWOT Analysis
6.4 Indian Oil Corporation Ltd.
- 6.4.1 Company Overview
- 6.4.2 Financial Analysis
- 6.4.3 Segmental and Regional Analysis
- 6.4.4 Research & Development Expenses
- 6.4.5 SWOT Analysis
6.5 Gujarat Narmada Valley Fertilizers & Chemicals Limited
- 6.5.1 Company Overview
- 6.5.2 Financial Analysis
- 6.5.3 Segmental and Regional Analysis
- 6.5.4 SWOT Analysis
6.6 Daicel Corporation
- 6.6.1 Company Overview
- 6.6.2 Financial Analysis
- 6.6.3 Segmental and Regional Analysis
- 6.6.4 Research & Development Expenses
- 6.6.5 SWOT Analysis
6.7 Airedale Chemical Holdings Limited
- 6.7.1 Company Overview
- 6.7.2 SWOT Analysis
6.8 Helm AG
- 6.8.1 Company Overview
- 6.8.2 SWOT Analysis
6.9 SABIC (Saudi Arabian Oil Company)
- 6.9.1 Company Overview
- 6.9.2 Financial Analysis
- 6.9.3 Segmental and Regional Analysis
- 6.9.4 SWOT Analysis
6.10. LyondellBasell Industries Holdings B.V.
- 6.10.1 Company Overview
- 6.10.2 Financial Analysis
- 6.10.3 Segmental and Regional Analysis
- 6.10.4 Research & Development Expenses
- 6.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 Europe Acetic Acid Market, 2019 - 2022, USD Million
TABLE 2 Europe Acetic Acid Market, 2023 - 2030, USD Million
TABLE 3 Europe Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 6 Europe Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 7 Europe Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Vinyl Acetate Monomer Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Vinyl Acetate Monomer Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Vinyl Acetate Monomer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Vinyl Acetate Monomer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Acetic Anhydride Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Acetic Anhydride Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Acetic Anhydride Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Acetic Anhydride Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Acetate Esters Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Acetate Esters Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Acetate Esters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Acetate Esters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Purified Terephthalic Acid Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Purified Terephthalic Acid Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Purified Terephthalic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Purified Terephthalic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Ethanol Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Ethanol Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Ethanol Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Ethanol Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Acetic Acid Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Acetic Acid Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Acetic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Acetic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Germany Acetic Acid Market, 2019 - 2022, USD Million
TABLE 38 Germany Acetic Acid Market, 2023 - 2030, USD Million
TABLE 39 Germany Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 40 Germany Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 41 Germany Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 42 Germany Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 43 Germany Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 44 Germany Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 45 Russia Acetic Acid Market, 2019 - 2022, USD Million
TABLE 46 Russia Acetic Acid Market, 2023 - 2030, USD Million
TABLE 47 Russia Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 48 Russia Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 49 Russia Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 50 Russia Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 51 Russia Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 52 Russia Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 53 UK Acetic Acid Market, 2019 - 2022, USD Million
TABLE 54 UK Acetic Acid Market, 2023 - 2030, USD Million
TABLE 55 UK Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 UK Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 UK Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 58 UK Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 59 UK Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 60 UK Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 61 France Acetic Acid Market, 2019 - 2022, USD Million
TABLE 62 France Acetic Acid Market, 2023 - 2030, USD Million
TABLE 63 France Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 France Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 France Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 66 France Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 67 France Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 68 France Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 69 Italy Acetic Acid Market, 2019 - 2022, USD Million
TABLE 70 Italy Acetic Acid Market, 2023 - 2030, USD Million
TABLE 71 Italy Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Italy Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Italy Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 74 Italy Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 75 Italy Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 76 Italy Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 77 Netherlands Acetic Acid Market, 2019 - 2022, USD Million
TABLE 78 Netherlands Acetic Acid Market, 2023 - 2030, USD Million
TABLE 79 Netherlands Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Netherlands Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Netherlands Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 82 Netherlands Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 83 Netherlands Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 84 Netherlands Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 85 Rest of Europe Acetic Acid Market, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Acetic Acid Market, 2023 - 2030, USD Million
TABLE 87 Rest of Europe Acetic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Rest of Europe Acetic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of Europe Acetic Acid Market by Type, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Acetic Acid Market by Type, 2023 - 2030, USD Million
TABLE 91 Rest of Europe Acetic Acid Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of Europe Acetic Acid Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 94 Key Information - Celanese Corporation
TABLE 95 Key Information - The Dow Chemical Company
TABLE 96 Key Information - Indian Oil Corporation Ltd.
TABLE 97 Key Information - Gujarat Narmada Valley Fertilizers & Chemicals Limited
TABLE 98 Key Information - Daicel Corporation
TABLE 99 Key Information - Airedale Chemical Holdings Limited
TABLE 100 Key Information - Helm AG
TABLE 101 Key Information - SABIC
TABLE 102 Key Information - LyondellBasell Industries Holdings B.V.

List of Figures

FIG 1 Methodology for the research
FIG 2 Europe Acetic Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Acetic Acid Market
FIG 4 Porter's Five Force Analysis: Acetic Acid Market
FIG 5 Europe Acetic Acid Market share by Type, 2022
FIG 6 Europe Acetic Acid Market share by Type, 2030
FIG 7 Europe Acetic Acid Market by Type, 2019 - 2030, USD Million
FIG 8 Europe Acetic Acid Market share by Country, 2022
FIG 9 Europe Acetic Acid Market share by Country, 2030
FIG 10 Europe Acetic Acid Market by Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: Eastman Chemical Company
FIG 12 SWOT Analysis: Celanese Corporation
FIG 13 SWOT Analysis: The Dow Chemical Company
FIG 14 SWOT Analysis: Indian Oil Corporation Ltd.
FIG 15 SWOT Analysis: Gujarat Narmada Valley Fertilizers & Chemicals Limited
FIG 16 SWOT Analysis: Daicel Corporation
FIG 17 SWOT Analysis: Airedale Chemical Holdings Limited
FIG 18 SWOT Analysis: HELM AG
FIG 19 SWOT Analysis: SABIC
FIG 20 SWOT Analysis: LyondellBasell Industries Holdings B.V.

Europe Acetic Acid Market Size, Share & Industry Trends Analysis Report By Type (Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol, and Others), By Country and Growth Forecast, 2023 - 2030