Global Acetic Acid Market Insights and Forecast to 2026

Acetic acid is a colourless liquid organic compound with the chemical formula CH3COOH (also written as CH3CO2H or C2H4O2). When undiluted, it is sometimes called glacial acetic acid. Vinegar is roughly 3–9% acetic acid by volume, making acetic acid the main component of vinegar apart from water. Acetic acid has a distinctive sour taste and pungent smell. In addition to household vinegar, it is mainly produced as a precursor to polyvinyl acetate and cellulose acetate. It is classified as a weak acid since it only partially dissociates in solution, but concentrated acetic acid is corrosive and can attack the skin.
China is the world’s largest producer of acetic acid, accounting for 52.70% of the world’s total production capacity in 2017. Besides, Celanese’s acetic acid plant has become the world’s largest acetic acid production plant, its production capacity has reached 3150 K MT. BP-Amoco company is the No.1 of European producers, with the production capacity of 2800 K MT.

Market Analysis and Insights: Global Acetic Acid Market
The global Acetic Acid market size is projected to reach US$ 11210 million by 2026, from US$ 10770 million in 2020, at a CAGR of 3.8%% during 2021-2026.

Global Acetic Acid Scope and Market Size
Acetic Acid market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Acetic Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.

Segment by Type, the Acetic Acid market is segmented into
Acetic acid (36% to 38%)
Glacial acetic acid (More than 98%)

Segment by Application, the Acetic Acid market is segmented into
Vinyl Acetate Monomer
Purified Terephthalic Acid
Acetic Anhydride
Others

Regional and Country-level Analysis
The Acetic Acid market is analysed and market size information is provided by regions (countries).
The key regions covered in the Acetic Acid market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Acetic Acid Market Share Analysis
Acetic Acid market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Acetic Acid business, the date to enter into the Acetic Acid market, Acetic Acid product introduction, recent developments, etc.

The major vendors covered:
Celanese
Bp
Eastman
Daicel
Lyondellbasell
Jiangsu Sopo
Shanghai Huayi
Kingboard Chemical
Shandong Hualu-Hengsheng
Yankuang Cathay Coal Chemicals
Chongqing Yangtze River Chemical