
Study Period | 2019 - 2030 |
Market Volume (2025) | 19.58 Million tons |
Market Volume (2030) | 24.58 Million tons |
CAGR | 4.65 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Acetic Acid Market Analysis
The Acetic Acid Market size is estimated at 19.58 million tons in 2025, and is expected to reach 24.58 million tons by 2030, at a CAGR of 4.65% during the forecast period (2025-2030).
The global acetic acid industry is experiencing significant transformation driven by technological advancements and shifting production dynamics. Major industry players are actively pursuing capacity expansions and technological innovations to meet growing demand. For instance, INEOS Acetyls has initiated a feasibility study for a large-scale acetic acid plant on the Gulf Coast of the United States, while Celanese Corporation is completing its Clear Lake expansion project in 2023, which will increase capacity to 2.6 million tons of acetic acid. According to industry forecasts, the global chemical industry is expected to grow by 5.9% in China alone in 2023, indicating robust growth potential in key manufacturing regions.
The industry is witnessing substantial consolidation and strategic realignment, with companies focusing on operational efficiency and sustainable production methods. Major manufacturers are investing in research and development to improve production processes and reduce environmental impact. This is evidenced by the increasing adoption of advanced separation technologies and process optimization techniques. The food and beverage sector, a significant end-user of acetic acid, is projected to generate approximately USD 9.43 trillion in revenue by 2023, highlighting the strong downstream demand from key application sectors.
Production capacity expansions and geographical diversification strategies are reshaping the competitive landscape. Companies are establishing new manufacturing facilities in strategic locations to better serve regional markets and optimize supply chains. For example, PPG Industries has invested USD 13 million in its Jiading, China facility, including new coating production lines and an expanded technology center, demonstrating the industry's commitment to regional capacity enhancement. These investments are particularly focused on regions with strong downstream industry presence and favorable raw material access.
The industry is increasingly emphasizing sustainability and environmental compliance, with manufacturers investing in cleaner production technologies and bio-based alternatives. This shift is particularly evident in developed markets where environmental regulations are becoming more stringent. Companies are also focusing on vertical integration and supply chain optimization to ensure stable raw material supply and better cost control. The Canadian market alone reported paint and coating exports worth CAD 660.98 million in 2021, indicating the robust nature of trade flows in key chemical derivatives. These developments are complemented by increasing automation and digitalization initiatives across production facilities, aimed at improving operational efficiency and product quality.
Acetic Acid Market Trends
INCREASING DEMAND FOR VINYL ACETATE MONOMER (VAM)
The growing demand for vinyl acetate monomer (VAM) is driving significant growth in the acetic acid market, as VAM serves as a critical intermediate in producing various essential products. Acetic acid and ethylene, when reacted with oxygen in the presence of a palladium catalyst, produce VAM, which is predominantly used in manufacturing polyvinyl alcohol (PVA) and polyvinyl acetate (PVAc), accounting for approximately 83% of total VAM production. These derivatives find extensive applications in coatings, adhesives, textile warp sizing, water-soluble packaging, paints, and paper coatings, creating a robust demand chain for acetic acid. The versatility of VAM is further demonstrated in its role in producing ethylene vinyl acetate and ethylene vinyl alcohol resins, which are crucial for manufacturing heavy-duty bags, packaging films, wire jacketing, and hot-melt adhesives.
Recent industry developments highlight the growing importance of vinyl acetate monomer in various sectors. For instance, in October 2022, Asian Paints announced plans to undertake backward integration by manufacturing Vinyl Acetate Ethylene Emulsion (VAE) along with VAM in India, recognizing VAE as a key emulsion for manufacturing environment-friendly paints and VAM as the essential raw material. Additionally, the increasing demand for photovoltaic cells has enhanced VAM consumption, as polymeric sheets made from vinyl acetate are used for photovoltaic cell encapsulation. This trend is particularly significant in China, which leads global solar photovoltaics cell production with an 81.2% worldwide share, according to the International Energy Association (IEA) and RTS Corporation data from 2021.
INCREASING DEMAND FROM THE TEXTILE AND PACKAGING INDUSTRY
The textile and packaging industries are experiencing substantial growth, creating increased demand for acetic acid across various applications. In the textile sector, acetic acid plays a crucial role in fabric treatment, controlling shrinkage in polyester compounds, and solution vinyl resins. The industry has shown remarkable resilience and growth, particularly in major manufacturing countries. For instance, according to the India Brand Equity Foundation (IBEF), India's textile exports reached USD 44.4 billion in FY22, marking a significant 41% increase year-over-year from USD 29.9 billion in 2021, with projections to reach USD 65 billion by 2026. This growth is supported by the increasing use of textile chemicals, which enhance the quality and durability of fabrics.
The packaging industry's growth is equally compelling, driven by the rising demand for flexible packaging and e-commerce expansion. Acetic acid's role in producing vinyl acetate, which is crucial for food packaging materials and adhesives, has become increasingly important. The Food and Drug Administration (FDA) has approved vinyl acetate as a coating component in plastic films for food packaging and as a modifier of food starch, expanding its applications in the food packaging sector. This approval has led to increased usage in various packaging applications, including rigid packs made of carton boxes, flexible packaging such as wrappers, lids, and pouches, and labeling applications for fruits, vegetables, and other food items. The industry's growth is further supported by emerging trends in online food orders and home delivery services, creating substantial demand for adhesives in the food packaging industry.
INCREASING USE OF ESTER SOLVENTS IN THE PAINTS AND COATINGS INDUSTRY
The paints and coatings industry is experiencing significant growth, driving increased demand for acetic acid and its ester derivatives. According to the World's Paint and Coatings Industry Association, global sales of paints and coatings surpassed USD 180 billion in 2022, with major industry players like Sherwin-Williams (USD 21.64 billion), PPG Industries (USD 17.15 billion), and AkzoNobel NV (USD 11.9 billion) leading the market. This growth is particularly evident in the expansion of manufacturing facilities and production capabilities across regions. For instance, in July 2022, BASF expanded its production capacity of automotive refinish coatings in Guangdong Province, South China, establishing an annual capacity of 30,000 metric tons per year.
The versatility of acetic acid in the paints and coatings sector is demonstrated through its various applications and derivatives. Vinyl ester resins, formed by the reaction of epoxide resins with α - β unsaturated carboxylic acids, show excellent corrosion resistance and superior physical properties compared to conventional polyester resins. These characteristics make them extremely valuable in coating steel and concrete structures resistant to acid and chemicals. The industry's growth is further supported by the increasing demand for powder coatings, can coatings, floor coating, and automotive paints. For example, in January 2022, PPG Industries announced an investment of over USD 10 million to expand production of automotive original equipment manufacturer (OEM) coatings at its site in Weingarten, Germany, with the capacity to produce more than 5,000 metric tons of waterborne basecoats annually. The use of acetate compounds in these coatings enhances their performance and durability.
Segment Analysis: DERIVATIVE
Vinyl Acetate Monomer (VAM) Segment in Acetic Acid Market
The Vinyl Acetate Monomer (VAM) segment continues to dominate the global acetic acid market, holding approximately 28% of the market share in 2024. VAM's prominence is primarily driven by its extensive usage in manufacturing various essential products, including films, adhesives, coatings, caulks, and safety glass. The segment's strong position is further reinforced by the continuous demand from the packaging industry, where VAM-derived products are crucial for flexible packaging applications. Additionally, the growing demand for photovoltaic cells has enhanced VAM consumption, as polymeric sheets made from vinyl acetate are extensively used for photovoltaic cell encapsulation. The segment's market leadership is also supported by significant investments from major industry players, with companies like Asian Paints undertaking backward integration to manufacture Vinyl Acetate Ethylene Emulsion (VAE) along with VAM production facilities.

Purified Terephthalic Acid (PTA) Segment in Acetic Acid Market
The Purified Terephthalic Acid (PTA) segment is experiencing robust growth in the acetic acid market, with a projected growth rate of approximately 5% during 2024-2029. This impressive growth trajectory is primarily driven by the increasing demand for PET resins in packaging applications, particularly in the beverage industry. The segment's expansion is further fueled by the rising adoption of polyester staple fibers and polyester filament yarns in various applications, including apparel, home furnishing, automotive textiles, and industrial applications. The growth is particularly pronounced in the Asia-Pacific region, where countries like China and India are witnessing substantial increases in PTA production capacity. The segment's growth is also supported by its critical role in producing engineering plastics used in automotive parts, electronic components, and consumer goods, demonstrating its versatility and expanding application scope across multiple industries.
Remaining Segments in Derivative Segmentation
The remaining segments in the acetic acid market, including Ethyl Acetate, Acetic Anhydride, and other derivatives, play crucial roles in various industrial applications. Ethyl Acetate serves as a vital component in the paints and coatings industry, functioning as an activator and hardener while also finding applications in flexible packaging. Acetic Anhydride is essential in pharmaceutical manufacturing, particularly in producing acetylsalicylic acid and other medical compounds, while also being crucial in the production of cigarette filters through cellulose acetate manufacturing. Other derivatives encompass a wide range of products, including monochloroacetic acid, methyl acetate, and butyl acetates, which are vital in personal care products, pharmaceuticals, and various industrial applications, contributing significantly to the overall market dynamics and industry growth.
Segment Analysis: APPLICATION
Adhesives, Paints, and Coatings Segment in Acetic Acid Market
The Adhesives, Paints, and Coatings segment continues to dominate the global acetic acid market, holding approximately 37% market share in 2024. This significant market position is driven by the extensive use of acetic acid in manufacturing various adhesives, paints, and coating formulations. The segment's growth is particularly notable in regions like China, where the coatings industry has been registering an annual growth of 7% in recent years. Major international players such as PPG Industries, AkzoNobel, and Axalta Coatings have established strong manufacturing bases in key markets, contributing to the segment's dominance. The segment's robust performance is further supported by increasing investments in production capacity expansions, with companies like PPG Industries investing significantly in automotive OEM coatings facilities across various regions.
Medical Segment in Acetic Acid Market
The Medical segment is emerging as the fastest-growing application segment in the acetic acid market, with a projected growth rate of approximately 7% during 2024-2029. This remarkable growth is primarily driven by the increasing use of acetic acid in pharmaceutical manufacturing, particularly in the production of essential drugs like acetylsalicylic acid (aspirin), acetaminophen, and various other pharmaceutical intermediates. The segment's expansion is further supported by growing R&D activities and increasing investments in the medical sector across major markets like the United States, China, Japan, and European countries. The pharmaceutical sector's emphasis on research and development, particularly in the United States where companies spend more than 21% of their revenue on R&D, is creating substantial opportunities for acetic acid applications in medical formulations and drug development.
Remaining Segments in Application Segmentation
The remaining segments in the acetic acid market, including Food and Beverage, Plastics and Polymers, and Textile, each play crucial roles in driving market growth. The Food and Beverage segment maintains its significance through widespread use in food preservation and flavoring applications, particularly in the production of vinegar and food additives, where acetic acid acts as a food acid. The Plastics and Polymers segment continues to be vital in manufacturing various polymer products, especially in the production of polyethylene terephthalate (PET) and other plastic materials. The Textile segment, though smaller in market share, remains essential in fabric treatment and processing applications, particularly in major textile manufacturing countries like China and India, where acetic acid is used extensively in dyeing and finishing processes.
Acetic Acid Market Geography Segment Analysis
Acetic Acid Market in Asia-Pacific
The Asia-Pacific region dominates the global acetic acid market, driven by robust demand from various end-use industries, including plastics, coatings, textiles, and pharmaceuticals. The region's market is characterized by the presence of major manufacturing facilities and a strong consumer base, particularly in countries like China, India, Japan, and South Korea. The growth is supported by increasing industrialization, expanding manufacturing sectors, and rising demand for downstream products such as vinyl acetate monomer (VAM) and purified terephthalic acid (PTA).

Acetic Acid Market in China
China maintains its position as the largest acetic acid market in the Asia-Pacific region, commanding approximately 71% of the regional market share. The country's dominance is attributed to its extensive chemical processing infrastructure, with numerous coating manufacturers and a well-established base of manufacturing industries. China's market is supported by the presence of nearly 10,000 coatings manufacturers and significant investments from global industry leaders. The country's robust chemical industry, being one of the fastest-growing economies globally, continues to drive substantial demand for acetic acid across various applications.
Acetic Acid Market in India
India emerges as the fastest-growing market in the Asia-Pacific region, with a projected growth rate of approximately 7% during 2024-2029. The country's market is experiencing rapid expansion driven by increasing investments in the manufacturing sector and government initiatives to make India a manufacturing hub. The growth is further supported by the flourishing textile chemicals industry, which is expected to reach USD 190 billion by 2025-2026, and the robust paints and coatings sector. The presence of around 3,000 paint manufacturers and significant capacity expansions by major producers indicates strong growth potential in the Indian market.
Acetic Acid Market in North America
The North American acetic acid market represents a significant share of the global market, characterized by advanced manufacturing capabilities and technological innovation. The region's market is driven by strong demand from end-use industries such as plastics, textiles, and food processing. The presence of major manufacturers and continuous investments in research and development further strengthen the market position of North America in the global landscape.
Acetic Acid Market in United States
The United States dominates the North American acetic acid market, holding approximately 77% of the regional market share. As one of the world's largest and most technologically advanced economies, the country maintains its leading position through extensive chemical processing capabilities and a strong presence of over 1,400 manufacturing companies. The market is particularly driven by robust demand from the paints and coatings industry, where home paints account for about 40% of the total paints and coatings industry revenue.
Acetic Acid Market in Canada
Canada represents the fastest-growing market in North America, with a projected growth rate of approximately 3% during 2024-2029. The country's market growth is supported by its strong chemical manufacturing sector, particularly in Ontario, which accounts for about 40% of the total chemical production. The expansion of the food and beverage industry, coupled with the government's ambitious targets for food and agricultural export growth by 2025, is expected to drive increased demand for acetic acid in various applications.
Acetic Acid Market in Europe
The European acetic acid market demonstrates a mature and well-established industry structure, supported by advanced manufacturing capabilities and stringent quality standards. The region's market is characterized by the presence of major chemical manufacturers and a strong focus on sustainable production practices. Key countries, including Germany, the United Kingdom, Italy, and France, contribute significantly to the regional market dynamics, with each country maintaining specialized manufacturing capabilities and distinct market characteristics.
Acetic Acid Market in Germany
Germany maintains its position as the largest acetic acid market in Europe, driven by its robust chemical industry and strong manufacturing base. The country's market is supported by the presence of leading paint manufacturers and a diverse range of end-use industries. Germany's chemical industry represents the chemical manufacturing industry across Europe, with significant investments in research and development activities.
Acetic Acid Market in Italy
Italy emerges as the fastest-growing market in Europe, driven by its significant presence in basic chemicals and specialization in consumer chemicals. The country maintains a strategic position in the European chemical industry, with a particular focus on specialties and consumer chemicals. The growth is supported by a strong food and beverage industry and an expanding textile sector, particularly in industrial districts like Prato, Castel Goffredo, and Carpi.
Acetic Acid Market in South America
The South American acetic acid market demonstrates steady growth potential, with Brazil emerging as both the largest and fastest-growing market in the region. The market is characterized by increasing investments in manufacturing capabilities and growing demand from end-use industries. Argentina and other South American countries contribute to the regional market dynamics, though at a relatively smaller scale compared to Brazil's dominant position.
Acetic Acid Market in Middle East & Africa
The Middle East & Africa acetic acid market shows promising growth prospects, with Saudi Arabia representing the largest market and South Africa emerging as the fastest-growing country in the region. The market benefits from the region's strong petrochemical industry base and increasing investments in manufacturing capabilities. The presence of major chemical manufacturers and growing demand from end-use industries continue to drive market development across the region.
Acetic Acid Industry Overview
Top Companies in Acetic Acid Market
The global acetic acid market is characterized by continuous product innovation and operational excellence among leading players. Companies are focusing on developing advanced production technologies and optimizing their manufacturing processes to maintain cost competitiveness. Strategic expansions through capacity additions, particularly in high-growth regions like Asia-Pacific, demonstrate the industry's commitment to meeting increasing demand. Market leaders are strengthening their positions through vertical integration, securing raw material supplies, and establishing robust distribution networks. There is also a notable trend towards sustainability initiatives, with companies investing in eco-friendly production methods and exploring carbon-neutral technologies. The acetic acid industry witnesses ongoing collaborations and partnerships aimed at technology sharing and enhancing market access, while research and development efforts are directed towards developing value-added derivatives and applications.
Consolidated Market with Strong Regional Players
The acetic acid market structure exhibits a partially consolidated landscape dominated by global chemical conglomerates with significant manufacturing capabilities. These major players possess integrated operations spanning from raw material procurement to end-product distribution, providing them with competitive advantages in cost management and supply chain control. Regional players, particularly in Asia-Pacific, are gaining prominence through specialized product offerings and strong local market understanding. The market has witnessed strategic acquisitions and joint ventures aimed at expanding geographical presence and strengthening product portfolios, with established companies acquiring smaller specialized producers to enhance their market position.
The competitive dynamics are shaped by the presence of both diversified chemical companies and specialized acetic acid manufacturers. Large conglomerates leverage their extensive resources and technological capabilities to maintain market leadership, while specialized producers focus on niche applications and regional markets. The industry has seen significant investments in capacity expansion, particularly in emerging markets, as companies aim to capitalize on growing demand. Market participants are increasingly focusing on developing strategic partnerships with end-users and establishing long-term supply agreements to ensure stable revenue streams and protect market share.
Innovation and Sustainability Drive Future Success
Success in the acetic acid industry increasingly depends on companies' ability to innovate while maintaining cost competitiveness. Market leaders are investing in advanced production technologies and process optimization to improve efficiency and reduce operational costs. Environmental sustainability has become a crucial differentiator, with companies developing greener production methods and exploring renewable feedstock options. Building strong relationships with key end-user industries through customized solutions and technical support is becoming essential for maintaining market position. Companies are also focusing on developing value-added derivatives and expanding into high-growth application segments to diversify their revenue streams.
For new entrants and smaller players, success lies in identifying and serving niche market segments while building technological capabilities. Companies need to develop robust risk management strategies to address raw material price volatility and maintain profit margins. Regulatory compliance, particularly regarding environmental standards, is becoming increasingly important for maintaining market presence. Strategic partnerships with established players or end-users can provide smaller companies with growth opportunities and market access. Geographic expansion strategies need to be carefully aligned with regional demand patterns and competitive dynamics, while investment in research and development capabilities remains crucial for long-term success.
Acetic Acid Market Leaders
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Celanese Corporation
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INEOS
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Jiangsu SOPO (Group) Co., Ltd.
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Eastman Chemical Company
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Yankuang Group
- *Disclaimer: Major Players sorted in no particular order

Acetic Acid Market News
- January 2023: Kingboard Holdings Limited announced that the company's unit, Hebei Kingboard Energy Development Co., Ltd., plans to submit the "Environmental Impact Report of Hebei Kingboard Energy Development Co., Ltd. Acetic Acid Expansion and Transformation Project" for approval, and the entire content of the environmental impact study is accessible.
- June 2022: Hebei Kingboard Energy Development Co., Ltd. announced the beginning of construction of an acetic acid facility with a capacity of 29,80 tons per year. The CNY 23.20 billion (USD 3.6 billion) project was based on a 35,20 tons/year carbon capture and recycling project to establish a high-value-added carbon neutrality demonstration park for innovative chemical materials and realize low-carbon development.
Acetic Acid Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Demand for Vinyl Acetate Monomer (VAM)
- 4.1.2 Increasing Demand from the Textile and Packaging Industry
- 4.1.3 Increasing Use of Ester Solvents in the Paints and Coating Industry
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4.2 Restraints
- 4.2.1 Environmental Concerns Regarding the Harmful Effects
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Volume)
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5.1 Derivative
- 5.1.1 Vinyl Acetate Monomer (VAM)
- 5.1.2 Purified Terephthalic Acid (PTA)
- 5.1.3 Ethyl Acetate
- 5.1.4 Acetic Anhydride
- 5.1.5 Other Derivatives
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5.2 Application
- 5.2.1 Plastics and Polymers
- 5.2.2 Food and Beverage
- 5.2.3 Adhesives, Paints, and Coatings
- 5.2.4 Textile
- 5.2.5 Medical
- 5.2.6 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 Celanese Corporation
- 6.4.2 Chang Chun Group
- 6.4.3 Daicel Corporation
- 6.4.4 Eastman Chemical Company
- 6.4.5 GNFC Limited
- 6.4.6 INEOS
- 6.4.7 Jiangsu SOPO (Group) Co. Ltd.
- 6.4.8 Kingboard Holdings Limited
- 6.4.9 LyondellBasell Industries Holdings BV
- 6.4.10 Mitsubishi Chemical Corporation
- 6.4.11 PetroChina Company Limited
- 6.4.12 Sabic
- 6.4.13 Shandong Hualu-Hengsheng Chemical Co. Ltd.
- 6.4.14 Shanghai Huayi Holding Group Co. Ltd.
- 6.4.15 Sipchem Company
- 6.4.16 Svensk Etanolkemi AB (SEKAB)
- 6.4.17 Tanfac Industries Ltd.
- 6.4.18 Yankuang Group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Development of New Separation Technologies to Increase the Production Efficiency
Acetic Acid Industry Segmentation
Acetic acid is a monocarboxylic acid containing two carbons. It is a clear, colorless liquid with a strong, pungent odor, like vinegar. Acetic acid can be derived from the carbonylation of methanol, the oxidation of acetaldehyde and ethylene, or a biological method like bacterial fermentation. It is used as a chemical reagent to produce several chemical compounds like acetic anhydride, ester, vinyl acetate monomer, vinegar, and many other polymeric materials. The acetic acid market is segmented by derivative, application, and geography. By derivative, the market is segmented into vinyl acetate monomer (VAM), purified terephthalic acid (PTA), ethyl acetate, acetic anhydride, and other derivatives. By application, the market is segmented into plastics and polymers, food and beverage, adhesives, paints and coatings, textiles, medical, and other applications. By geography, the market is segmented into Asia-Pacific, North America, Europe, South America, and the Middle East and Africa. The report also covers the market size and forecasts for the acetic acid market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done in terms of volume in kilotons.
Derivative | Vinyl Acetate Monomer (VAM) | ||
Purified Terephthalic Acid (PTA) | |||
Ethyl Acetate | |||
Acetic Anhydride | |||
Other Derivatives | |||
Application | Plastics and Polymers | ||
Food and Beverage | |||
Adhesives, Paints, and Coatings | |||
Textile | |||
Medical | |||
Other Applications | |||
Geography | Asia-Pacific | China | |
India | |||
Japan | |||
South Korea | |||
Rest of Asia-Pacific | |||
North America | United States | ||
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
Italy | |||
France | |||
Rest of Europe | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Middle East and Africa | Saudi Arabia | ||
South Africa | |||
Rest of Middle East and Africa |
Acetic Acid Market Research FAQs
How big is the Acetic Acid Market?
The Acetic Acid Market size is expected to reach 19.58 million tons in 2025 and grow at a CAGR of 4.65% to reach 24.58 million tons by 2030.
What is the current Acetic Acid Market size?
In 2025, the Acetic Acid Market size is expected to reach 19.58 million tons.
Who are the key players in Acetic Acid Market?
Celanese Corporation, INEOS, Jiangsu SOPO (Group) Co., Ltd., Eastman Chemical Company and Yankuang Group are the major companies operating in the Acetic Acid Market.
Which is the fastest growing region in Acetic Acid Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Acetic Acid Market?
In 2025, the Asia-Pacific accounts for the largest market share in Acetic Acid Market.
What years does this Acetic Acid Market cover, and what was the market size in 2024?
In 2024, the Acetic Acid Market size was estimated at 18.67 million tons. The report covers the Acetic Acid Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Acetic Acid Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Our Best Selling Reports
Acetic Acid Market Research
Mordor Intelligence delivers a comprehensive analysis of the acetic acid market. This includes a detailed examination of CH3COOH and ethanoic acid variants, such as glacial acetic acid. Our expertise spans the entire value chain, from synthetic acetic acid production to end-use applications in sectors like vinyl acetate monomer, cellulose acetate, and textile chemicals. The report, available as an easy-to-download PDF, provides in-depth coverage of industrial solvent applications, food preservative chemicals, and pharmaceutical intermediate uses. It also analyzes the growing demand for industrial vinegar and food acidulant applications.
The report offers stakeholders crucial insights into carboxylic acid market dynamics, fermentation chemicals production trends, and organic acid demand patterns. Our analysis covers key applications, including purified terephthalic acid production, acetic anhydride manufacturing, and chemical intermediate uses. Stakeholders benefit from a detailed examination of textile chemicals industry trends, vinyl acetate monomer industry developments, and emerging opportunities in the pharmaceutical intermediate market segments. The comprehensive coverage includes food acid applications, industrial solvent demand, and fermentation chemicals market projections, providing actionable intelligence for strategic decision-making.