Get the latest insights on price movement and trend analysis of Acetic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Acetic Acid Price Change in July 2025? The Acetic Acid Price Index in the U.S. held steady near USD 465/MT FOB Texas through June 2025, as stable regional output balanced weak spot demand.

The Acetic Acid Report is Segmented by Derivative (Vinyl Acetate Monomer, Purified Terephthalic Acid, Ethyl Acetate, and More), Production Route (Methanol Carbonylation, Acetaldehyde Oxidation, and More), Application (Plastics and Polymers, Food and Beverage, Adhesives Paints and Coatings, Textile, Medical, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Acetic acid prices fell YoY in Q4 2024 (Oct: -21%, Nov: -9%, Dec: -14%). Prices in 2025 are expected to stay stable with a slight dip.

North America's Acetic Acid Market is segmented by Derivatives (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, and Other Derivatives), Application (Polymers, Food and Beverage, Adhesives, Paints and Coatings, Textiles, Medical, and Other Applications), and Geography (United States, Canada, and Mexico). Each segment's market sizing and forecasts are based on volume (Million tons).

In 2024, the Indian acetic acid market was finally on the rise to reach $582M after two years of decline. Overall, the total consumption indicated a prominent expansion from 2012 to 2024: its value increased at an average annual rate of +5.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -12.0% against 2021 indices.

The global acetic acid market size reached a value of USD 24.41 Billion in 2024 and is projected to grow at a CAGR of 5.10% from 2025-2034, aiming for a value of USD 40.14 Billion by 2034. The remarkable growth of the global acetic acid market is fueled by growing demand in a number of sectors, such as food and beverages, textiles, and pharmaceuticals. Acetic acid is a key raw material in the manufacturing of vinyl acetate monomer (VAM), which is used extensively in adhesives, coatings, and paints. Its increasing usage in food preservation and chemical manufacture is also propelling market growth. Major players such as Celanese Corporation, LyondellBasell Industries, and Eastman Chemical Company are significantly investing in increasing production capacities to address this increasing demand. There is also a growth in the production of bio-based acetic acid, complying with sustainability trends.

India Acetic Acid Market is segmented by Derivative (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, and Other Derivatives.), Application (Polymers, Food and Beverage, Adhesives, Paints and Coatings, Textiles, Medical, and Other Applications). Each segment's market sizing and forecasts are based on volume (tons).

The global glacial acetic acid market size is expected to reach USD 8801.6 million in 2024. The sector is estimated to grow at a CAGR of 6.5% during the forecast period. The sector is projected to attain a value of USD 16521.8 million by 2034.

Attributes	Description
Estimated Global Glacial Acetic Acid Market Size (2024E)	USD 8801.6 million
Projected Global Glacial Acetic Acid Market Value (2034F)	USD 16521.8 million
Value-based CAGR (2024 to 2034)	6.5%

Country-wise Insights

Countries	CAGR 2024 to 2034
India	9.7%
China	7.3%
Spain	4.9%
France	4.6%
Italy	4.2%

Category-wise Insights

Segment	Industrial Grade (Grade)
Value Share (2024)	62.7%

Segment	Solvent (End-use)
Value Share (2024)	28.4%

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Acetic Acid Market Size 2023-2027

The acetic acid market size is forecast to increase by 5379.71 thousand t at a CAGR of 5.39% between 2022 and 2027.

The market is experiencing significant growth, driven primarily by the expanding paints and coatings industry. This sector's increasing demand for acetic acid as a key raw material is a major market driver. Another key trend influencing the market is the development of bio-based acetic acid, which is gaining popularity due to its eco-friendliness and potential cost advantages. However, market participants face challenges from fluctuations in acetic acid prices, often caused by unexpected plant shutdowns. These disruptions can lead to price volatility and supply chain instability, posing a significant challenge for companies seeking to maintain consistent production and profitability.
To capitalize on market opportunities and navigate these challenges effectively, industry players must stay informed of market trends, invest in alternative supply sources, and maintain flexible production capabilities.

What will be the Size of the Acetic Acid Market during the forecast period?

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The acetic acid market is surging, propelled by bio-acetic acid production and sustainable chemical manufacturing. Rising vinyl acetate monomer demand fuels applications in coatings and adhesives, while green solvent solutions and acetic acid recycling address environmental concerns. Food-grade acetic acid and pharmaceutical acetic acid applications drive growth in health-focused sectors. High-purity acetic acid meets stringent industry standards, and eco-friendly ester solvents gain traction. Acetic acid market regulations shape production, ensuring compliance and sustainability. These trends, driven by innovation and eco-conscious practices, position the market for significant expansion through 2029.
The market continues to evolve, driven by its diverse applications across various sectors. Purified terephthalic acid, a key derivative, plays a significant role in the expanding pharmaceutical industry as an intermediate and in the production of carboxylic acids. Acetic acid's leveling properties and chemical resistance make it indispensable in photographic films, cosmetics, and printed products. Acetic anhydride, another derivative, finds applications in the production of intermediates, plastics and polymers, and barrier resins. In the textiles industry, acetic acid is used in the production of vinyl acetate monomer for textiles, contributing to fashion trends. Technological advancements and sustainable production methods are shaping the market, with regulatory factors and service life playing crucial roles.
For instance, in the construction industry, acetic acid is used in the production of polyvinyl alcohol, which offers superior solvent resistance and scrub resistance. In the pharmaceutical sector, acetic acid is used in the production of aspirin and other drugs, while in the paints and coatings industry, it is used as a solvent and in the production of acetic anhydride. Hygiene regulations and solvent activity are key considerations in these applications. Acetic acid's role in the production of acetic anhydride also extends to the production of printed products, where it enhances blush resistance. In the production of barrier resins, it contributes to the development of longer service life and improved chemical resistance.
The market's continuous dynamism is further reflected in its applications in industries such as adhesives and sealants, disinfection, and methanol carbonylation for the production of polyester. Multinational corporations continue to invest in research and development to explore new applications for acetic acid and its derivatives.

How is this Acetic Acid Industry segmented?

The acetic acid industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD thousand t' for the period 2023-2027, as well as historical data from 2017-2021 for the following segments.

Application

  VAM
  PTA
  Acetic anhydride
  Others


End-user

  Plastics and polymers
  Food and beverages
  Ink paints and coatings
  Chemicals
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The VAM segment is estimated to witness significant growth during the forecast period.

Acetic acid derivatives, particularly vinyl acetate monomer (VAM), play a pivotal role in various industries, including fashion, plastics and polymers, paints and coatings, and pharmaceuticals. VAM is a versatile chemical used as a co-monomer in the production of polymers such as vinyl acetate emul

The Acetic Acid market size is predicted to rise from $16.62 billion in 2024 to $32.38 billion by 2035, growing at a CAGR of 6.25% from 2024 to 2035.

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Bio Acetic Acid Market Size 2024-2028

The bio acetic acid market size is forecast to increase by USD 68.8 million at a CAGR of 5.6% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. One of the primary drivers is the rising crude oil prices, which have led to an increase In the production costs of traditional acetic acid derived from fossil fuels. In response, the production of bio-based acetic acid has expanded as it offers a more cost-effective and sustainable alternative. However, the high production costs associated with bio-based acetic acid remain a challenge for market growth. The trend toward sustainability and eco-friendliness in various industries is also fueling the demand for bio acetic acid as a renewable and biodegradable alternative to its traditional counterpart.This market trends and analysis report delves deeper into these growth factors and challenges, providing valuable insights for stakeholders In the bio acetic acid industry.

What will be the Size of the Bio Acetic Acid Market During the Forecast Period?

Request Free SampleThe bio-acetic acid market is experiencing significant growth due to the increasing demand for sustainable alternatives to petrochemical-based products. Bio-acetic acid, a renewable alternative to traditional acetic acid, is gaining traction in various industries, including polymer production, textiles, solvents, paints and coatings, and adhesives. In polymer manufacturing, bio-acetic acid is used as a feedstock for producing polyvinyl alcohol (PVOh), polyethylene terephthalate (PET), and other bioplastics and composites. In the textile industry, bio-acetic acid is used In the production of acetic anhydride, which is employed In the manufacture of cellulose acetate fibers. Additionally, bio-acetic acid is used as a solvent in paints and coatings, as well as In the production of acetic anhydride, ethyl acetate, and other chemicals used in construction activities, plastics, rubber, ink, textiles, terephthalic acid, food and beverages, vinyl acetate monomer, and photographic films.The shift towards renewable chemicals is expected to continue, driving the growth of the bio-acetic acid market.

How is this Bio Acetic Acid Industry segmented and which is the largest segment?

The bio acetic acid industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. SourceFermentationBiomassEnd-userChemical manufacturingFood industryPersonal careGeographyAPACChinaIndiaJapanSouth KoreaNorth AmericaCanadaUSEuropeGermanyUKFranceMiddle East and AfricaSouth AmericaBrazil

By Source Insights

The fermentation segment is estimated to witness significant growth during the forecast period.

The market is witnessing significant growth due to the increasing demand for sustainable and renewable alternatives to petrochemical-based acetic acid. Fermentation, a key process In the production of bio acetic acid, converts natural feedstocks into this valuable chemical. This method, which utilizes fermented sugars, offers a healthier and eco-friendly alternative to traditional acetic acid, derived from methanol, a substance known for its toxicity and carcinogenic properties. The shift towards safer and environmentally friendly options is driving the demand for bio acetic acid in various industries, including polymer production, textiles, solvents, paints and coatings, adhesives, emulsions, acetic anhydride, cellulose acetate, and motor vehicle manufacturing.Jubilant Ingrevia Limited is one of the leading players in this market, offering Bio Acetic Acid-Food Grade, derived from natural feedstocks through fermentation. This renewable alternative is gaining popularity In the food and beverages, plastics, rubber, ink, textile, terephthalic acid, and pharmaceutical industries. The construction sector, particularly in water-based paints, waterproofing coatings, and paperboard coatings, is also adopting bio acetic acid derivatives. The growth of the market is influenced by factors such as increasing consumer purchasing power, the cosmetics market, and construction activities.

Get a glance at the Bio Acetic Acid Industry report of share of various segments Request Free Sample

The Fermentation segment was valued at USD 122.60 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 42% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia-Pacific region is experiencing notable growth In the mar

High Purity Acetic Acid Market Outlook

The global high purity acetic acid market size was valued at approximately USD 2.1 billion in 2023 and is projected to reach nearly USD 3.5 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period. This growth can be attributed to the increasing demand for high purity acetic acid across various end-use industries including chemical, pharmaceutical, and food & beverages. The rising applications of high purity acetic acid in chemical synthesis and the growing pharmaceutical sector are significant driving factors for this market.

One of the primary growth factors of the high purity acetic acid market is the expanding chemical industry, which is a major consumer of high purity acetic acid. The chemical industry relies heavily on high purity acetic acid for the production of various chemicals and solvents, including vinyl acetate monomer (VAM), which is essential in the manufacture of adhesives, coatings, and films. Additionally, the increasing demand for purified terephthalic acid (PTA), used in the production of polyesters for textiles and packaging, further fuels the need for high purity acetic acid, driving market growth.

Another growth factor is the rising awareness and stringent regulations regarding food safety and quality. High purity acetic acid is increasingly used as a food additive and preservative, which enhances the shelf-life and safety of food products. The food and beverage industry is witnessing robust growth due to changing lifestyles and increasing consumer spending on processed and packaged foods. Consequently, the demand for high purity acetic acid is set to rise, as it plays a vital role in ensuring the safety and quality of food products.

The pharmaceutical industry also plays a crucial role in driving the high purity acetic acid market. High purity acetic acid is used in the synthesis of various pharmaceutical compounds and as a reagent in medical research. The growing pharmaceutical sector, driven by increasing healthcare needs and investments in drug development, significantly contributes to the market demand. Furthermore, the ongoing advancements in medical research and the production of new drugs and therapies underscore the importance of high purity acetic acid, bolstering market expansion.

Regionally, Asia Pacific dominates the high purity acetic acid market, driven by rapidly growing economies such as China and India. The region benefits from a well-established chemical industry, increasing pharmaceutical production, and a burgeoning food and beverage sector. North America and Europe also hold substantial market shares, supported by advanced manufacturing capabilities and high standards of food and pharmaceutical safety. Latin America and the Middle East & Africa are emerging markets showing potential for growth, attributed to increasing industrialization and urbanization.

Grade Analysis

High purity acetic acid is available in various grades, including industrial grade, food grade, and pharmaceutical grade. Each grade has specific applications and quality standards that cater to different industries. In the industrial grade segment, high purity acetic acid is primarily used for chemical synthesis and various industrial processes. The industrial grade holds a significant market share due to its widespread use in the manufacturing of chemicals, plastics, and synthetic fibers. Companies in this segment are focusing on enhancing production capacities and improving the purity levels to meet the stringent requirements of industrial applications.

Food grade high purity acetic acid is another important segment, driven by its application in the food and beverage industry as a preservative and flavoring agent. The demand for food-grade acetic acid is growing, fueled by the increasing consumption of processed and packaged foods. The food grade segment adheres to strict regulatory standards to ensure the safety and quality of food products. Manufacturers in this segment are investing in advanced purification technologies to produce acetic acid that meets the stringent food safety regulations, thus ensuring consumer safety and satisfaction.

The pharmaceutical grade segment is witnessing significant growth due to its vital role in drug synthesis and medical research. Pharmaceutical grade high purity acetic acid must meet the highest purity standards to ensure the efficacy and safety of pharmaceutical products. This segment is driven by the expanding pharmaceutical industry, increasing healthcare expenditure, and the ongoi

In 2024, the U.S. acetic acid market decreased by -9.1% to $326M, falling for the second consecutive year after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $441M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The global Acetic Acid Market size is expected to reach USD 25.26 Billion in 2032 registering a CAGR of 7.4 %. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.

For the third consecutive year, the Chinese acetic acid market recorded decline in sales value, which decreased by -2.9% to $412M in 2024. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $549M. From 2022 to 2024, the growth of the market remained at a somewhat lower figure.

Industrial Grade Acetic Acid Market Outlook

The global industrial grade acetic acid market size was valued at $5.6 billion in 2023 and is projected to reach $8.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2032. This growth is primarily driven by increasing demand across various applications, especially in the chemical manufacturing and textile sectors. The versatility of acetic acid as an essential chemical intermediate in numerous industrial processes underscores its demand and growth potential.

One of the significant growth factors for the industrial grade acetic acid market is the escalating demand in the chemical manufacturing industry. Acetic acid is a vital precursor for the production of various chemicals including vinyl acetate monomer (VAM), which is extensively used in adhesives, paints, and coatings. The rise in construction and automotive industries, which drive the demand for paints and adhesives, is directly contributing to the growth of the acetic acid market. Additionally, the expansion of chemical production facilities in emerging economies is further bolstering market growth.

The textile industry represents another critical segment driving the market. Acetic acid is used in the dyeing process of synthetic fabrics, which are seeing increased demand due to the growing fashion and apparel industry. With the rise of the global textile market, particularly in countries like China and India, there has been a substantial increase in the demand for acetic acid. Furthermore, innovations in textile manufacturing and the increasing use of acetic acid in sustainable fabric processing techniques are expected to sustain this growth trajectory.

The food and beverage industry also significantly contributes to the acetic acid market. As a food additive, acetic acid (in the form of vinegar) is widely used for its preservative and flavoring properties. The demand for processed and packaged foods, which utilize acetic acid for preservation, is on the rise due to changing consumer lifestyles and dietary habits. This trend is expected to further drive the demand for industrial grade acetic acid in the coming years.

Regionally, Asia Pacific holds the largest market share and is expected to continue its dominance during the forecast period. The region's robust industrial base, particularly in China and India, coupled with increasing investments in chemical manufacturing, textiles, and food processing industries, drives the market. Additionally, favorable government policies and economic growth contribute to the increased demand for acetic acid in this region. Europe and North America also represent significant markets, with steady growth expected due to advancements in manufacturing technologies and the presence of established industries.

Application Analysis

The application segment of the industrial grade acetic acid market can be categorized into chemical manufacturing, textile, food & beverage, pharmaceuticals, and others. Chemical manufacturing is the dominant application segment and is projected to maintain its lead throughout the forecast period. The primary reason for this dominance is the extensive use of acetic acid in producing key chemicals such as vinyl acetate monomer, acetic anhydride, and acetate esters. The growing demand for these chemicals in various industries like automotive, construction, and packaging significantly boosts the requirement for acetic acid.

In the textile industry, acetic acid plays an essential role in the dyeing and finishing processes. The increasing demand for synthetic fabrics and the expanding textile industry, particularly in emerging markets, is propelling the growth of the acetic acid market. Innovations in textile processing and the shift towards sustainable and eco-friendly production methods, where acetic acid is used as a neutralizing agent, are expected to further enhance the market's growth prospects.

The food and beverage industry utilizes acetic acid primarily as a preservative and acidulant. The rising global consumption of processed and convenience foods, driven by changing lifestyles and increasing urbanization, is escalating the demand for acetic acid. Additionally, the growing trend of using natural preservatives over synthetic ones is augmenting the use of acetic acid in the form of vinegar, thus contributing to the market growth.

The pharmaceutical sector also represents a significant application area for acetic acid. It is used in the production of various drugs and as a

For the third consecutive year, the Swiss acetic acid market recorded decline in sales value, which decreased by -28.8% to $14M in 2024. Overall, consumption showed a abrupt shrinkage. Acetic acid consumption peaked at $42M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

The Acetic Acid Marketsize was valued at USD 6.90 USD Billion in 2023 and is projected to reach USD 9.77 USD Billion by 2032, exhibiting a CAGR of 5.1 % during the forecast period.Acetic acid, which is a clear, colorless liquid, is an important organic compound with a pungent smell and sour taste. The molecular formula itself, namely CH3COOH, indicates it is made up of 2 carbons, 4 hydrogens, and 2 oxygen elements. This well-known substance (a diluted solution of acetic acid) is fundamental to different sectors (such as medical and manufacturing) and household tasks. Being a significant chemical reagent, it is used in the manufacturing of vinyl acetate monomer, which in turn is converted into polyvinyl acetate for the production of adhesives and coatings. This aspect is also the reason why it is used as a solvent in the manufacture of dyes and perfumes. In food preservation, acetic acid is a standout element as it helps to prevent microbial growth and prolong the shelf life. In addition, it is used in the pharmaceutical industry to synthesize different drugs. As acetic acid's various forms and wide applicability make it effective in industrial processes and daily life, it is an indispensable substance in such fields. Recent developments include: In 2023, BP Plc announced plans to invest in a new acetic acid plant in China. In 2022, Celanese Corporation acquired the acetic acid business of Eastman Chemical Company. In 2021, LyondellBasell Industries started up a new acetic acid plant in Saudi Arabia.. Key drivers for this market are: Increasing Demand for Vinyl Acetate Monomer to Aid Growth. Potential restraints include: Harmful Effects of Acetic Acid to Hinder Market Growth. Notable trends are: Growing demand for vinyl acetate monomer (VAM) in the production of polyvinyl acetate (PVAc) and ethylene-vinyl acetate (EVA).

The Glacial Acetic Acid Market Report Segments the Industry by Grade (Food Grade, Industrial Grade, and Pharmaceutical Grade), Application (Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Food Additive, and More), End-Use Industry (Chemicals and Petrochemicals, Food and Beverage, Pharmaceuticals, and More) and Geography (Asia-Pacific, North America, Europe, and Rest of the World).