In 2018, the global production capacity of acetic acid reached almost ** million metric tons, and it is forecast to increase to some ***** million metric tons by 2023. In 2018, the United States produced around **** million metric tons of acetic acid.

In 2022, market volume of acetic acid worldwide amounted to over ***** million metric tons. It is forecast that the market volume of this organic compound will grow to around **** million metric tons worldwide in the year 2030.

Learn about the projected increase in demand for acetic acid in China over the next decade, with market volume expected to reach 991K tons by 2035. Market value is forecasted to grow to $614M by the same year.

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.

The global Acetic Acid market has swelled to reach demand of approximately 17 million tonnes in 2024 and is expected to grow at a CAGR of 4.24% during the forecast period until 2035.

This statistic shows the production volume of acetic acid in the United States from 1990 to 2019. In 2019, the U.S. production of acetic acid amounted to a total of approximately 3.1 million metric tons.

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Acetic Acid Market Size 2023-2027

The acetic acid market size is valued to increase USD 5379.71 thousand t, at a CAGR of 5.39% from 2022 to 2027. Growing paints and coatings industry will drive the acetic acid market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 30% growth during the forecast period.
By Application - VAM segment was valued at USD 5.38 thousand t in 2021
By End-user - Plastics and polymers segment accounted for the largest market revenue share in 2021

Market Size & Forecast

Market Opportunities: USD 65.86 thousand t
Market Future Opportunities: USD 5379.71 thousand t
CAGR : 5.39%
APAC: Largest market in 2021

Market Summary

The market encompasses the production, sale, and application of this versatile organic compound. This market is driven by the expanding demand for acetic acid in core industries such as food and beverages, pharmaceuticals, and textiles. In particular, the growing paints and coatings industry is a significant consumer of acetic acid, accounting for over 30% of its global consumption. The market is also witnessing the development of bio-based acetic acid, which is gaining traction due to increasing environmental concerns and stringent regulations. However, market dynamics are not without challenges. Fluctuations in acetic acid prices result from periodic plant shutdowns, which impact the supply chain and affect market stability. Despite these challenges, opportunities abound for market participants, particularly those who can adapt to changing market conditions and leverage innovative technologies.

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

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How is the Acetic Acid Market Segmented and what are the key trends of market segmentation?

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. ApplicationVAMPTAAcetic anhydrideOthersEnd-userPlastics and polymersFood and beveragesInk paints and coatingsChemicalsOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Application Insights

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

Acetic acid, a colorless, volatile, and flammable mobile liquid, plays a significant role in various industries due to its wide applicability. It is soluble in most organic solvents, including chlorinated solvents, and is produced via a catalytic vapor-phase reaction involving ethylene and acetic acid. Vinyl acetate monomer (VAM), derived from acetic acid, is a crucial chemical building block for industrial and consumer products. VAM is frequently used as a co-monomer with acrylic monomers such as vinyl acetate emulsion (VAE) copolymers, ethylene vinyl alcohol (EVOH), polyvinyl alcohol (PVOH), polyvinyl acetate, and ethylene vinyl acetate (EVA). These polymers find extensive applications in printing inks, water-based paints, ceramics, lacquer, adhesives for packaging and construction, paper finishing, and protective colloids for various materials. The market for acetic acid and its derivatives is currently thriving, with an estimated 15% of the global acetic acid production being used for VAM manufacturing. Moreover, the demand for VAM is expected to grow by 18% in the next five years, driven by the increasing production of EVA and PVA polymers. Quality control parameters, such as acetic acid concentration, purity testing methods, and process optimization, are essential for maintaining the high standards required in various industries. Energy efficiency improvements, wastewater treatment, and catalytic oxidation processes are some of the ongoing trends in the market, ensuring sustainable production and reducing environmental impact. Acetic acid's food preservative properties and its role in acetic acid fermentation, carbonylation of methanol, and esterification reactions, make it an indispensable component in numerous applications. The market also encompasses the production of vinyl acetate monomer for bacterial cellulose synthesis, solvent applications, reaction kinetics, chemical synthesis pathways, vinegar production methods, and product recovery methods. Process control strategies, yield optimization, microbial fermentation, and downstream processing are some of the critical areas of focus for market participants. Acetic acid esters, distillation methods, and acetic anhydride synthesis are other significant aspects of the market. In summary, the market is a dynamic and evolving industry that caters to a wide range of applications, from industrial and consumer

The Asia-Pacific acetic acid market, valued at approximately $XX million in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 5.26% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the burgeoning plastics and polymers industry in the region, particularly in China and India, significantly boosts demand for acetic acid as a crucial raw material in the production of vinyl acetate monomer (VAM) and purified terephthalic acid (PTA). Secondly, the growing food and beverage sector, with its increasing demand for preservatives and flavor enhancers, further contributes to market growth. The expanding construction and automotive industries also contribute to the demand for acetic acid-based adhesives and paints and coatings. Furthermore, the increasing adoption of acetic acid in the textile and medical industries contributes to market growth. However, potential restraints include fluctuating crude oil prices, which impact the cost of acetic acid production, and stringent environmental regulations related to emissions. Despite these challenges, the overall market outlook remains positive, with significant growth opportunities in emerging economies within the Asia-Pacific region. The market segmentation reveals a strong dominance of the VAM and PTA derivatives within the acetic acid applications. Geographically, China remains a key market driver, followed by India and other Southeast Asian nations exhibiting considerable growth potential. The competitive landscape includes both global and regional players, with companies like Celanese Corporation, Eastman Chemical Company, and Mitsubishi Chemical Corporation holding significant market shares. The continued infrastructure development, industrialization, and rising consumer spending across the Asia-Pacific region are expected to fuel further expansion of the acetic acid market in the coming years. The increasing focus on sustainable production practices and the development of bio-based acetic acid are also shaping the market dynamics and presenting opportunities for innovation and growth. Recent developments include: In April 2022, Jubilant Ingrevia Limited announced the commissioning of its new Green Ethanol based food-grade Acetic Acid plant at its manufacturing facility in Gajraula, Uttar Pradesh. The plant has a production capacity of 25,000 tons of food-grade acetic acid per annum., In March 2022, Anupam Rasayan India Ltd, a manufacturer of specialty chemicals (including acetic acid), acquired 24.96% of the stock shareholding of Tanfac Industries Ltd (TIL). The acquisition will help Anupam Rasayan India Ltd to further strengthen its position in India.. Key drivers for this market are: Increasing Demand for Vinyl Acetate Monomer (VAM), Growing Paints and Coatings Industry; Other Drivers. Potential restraints include: Increasing Demand for Vinyl Acetate Monomer (VAM), Growing Paints and Coatings Industry; Other Drivers. Notable trends are: Increasing Applications in the Adhesives, Paints, and Coatings Industry.

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).

Global acetic acid market forecast to reach 6.3M tons and $3.8B by 2035, driven by rising demand. Analysis covers consumption, production, trade, and key country insights.

China Production: Year to Date: Glacial Acetic Acid data was reported at 0.000 Ton in Sep 2012. This stayed constant from the previous number of 0.000 Ton for Jun 2012. China Production: Year to Date: Glacial Acetic Acid data is updated quarterly, averaging 11.260 Ton from Mar 2005 (Median) to Sep 2012, with 31 observations. The data reached an all-time high of 110.400 Ton in Dec 2007 and a record low of 0.000 Ton in Sep 2012. China Production: Year to Date: Glacial Acetic Acid data remains active status in CEIC and is reported by Yi Yao Tong Ji Wang. The data is categorized under China Premium Database’s Pharmaceutical Sector – Table CN.RTA: Pharmaceutical Production: ytd: Others.

The global acetic acid market size was USD 25.31 billion in 2024 & is projected to grow from USD 26.45 billion in 2025 to USD 37.61 billion by 2033.
Report Scope:

Forecast: Production of Acetic Acid Salts in the UK 2024 - 2028 Discover more data with ReportLinker!

The size of the Asia-Pacific Acetic Acid Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.26% during the forecast period. Recent developments include: In April 2022, Jubilant Ingrevia Limited announced the commissioning of its new Green Ethanol based food-grade Acetic Acid plant at its manufacturing facility in Gajraula, Uttar Pradesh. The plant has a production capacity of 25,000 tons of food-grade acetic acid per annum., In March 2022, Anupam Rasayan India Ltd, a manufacturer of specialty chemicals (including acetic acid), acquired 24.96% of the stock shareholding of Tanfac Industries Ltd (TIL). The acquisition will help Anupam Rasayan India Ltd to further strengthen its position in India.. Key drivers for this market are: Increasing Demand for Vinyl Acetate Monomer (VAM), Growing Paints and Coatings Industry; Other Drivers. Potential restraints include: Increasing Demand for Vinyl Acetate Monomer (VAM), Growing Paints and Coatings Industry; Other Drivers. Notable trends are: Increasing Applications in the Adhesives, Paints, and Coatings Industry.

The North America Acetic Acid market reached around 1580 thousand tonnes in 2022 and is expected to grow at a healthy CAGR of 4.95% till the year 2032.

Learn about the process of acetic acid production by fermentation, which involves the microbial oxidation of ethanol. Discover the two main steps, the role of yeast and acetic acid bacteria, and the necessary conditions for optimal growth. Find out how long the process takes and how the final product can be purified.

Discover why the demand for acetic acid in Japan is on the rise and how it is projected to increase over the next decade, with market volume expected to reach 339K tons and market value to reach $171M by 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.

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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 market, primarily due to expanding food processing and

Asia's demand of acetic acid reached 68 percent of the global share in 2020, becoming the region where the demand for the petrochemical is the highest across the globe. North America trailed second, but by a wide margin, with around 16 percent of the global share. By contrast, Russia accounted for only two percent of the global demand of acetic acid that year. In 2021, some 7.89 million metric tons of methanol were used to produce acetic acid.