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Global Acetic Acid Market: By Application: Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Anhydride, Ethyl Acetate, Butyl Acetate; By End Use Industry: Plastics and Polymers, Food and Beverages, Inks, Paints and Coatings, Chemicals, Pharmaceuticals, Others; By Region: China, North America, Western/Eastern Europe, North East Asia, South East Asia, Middle East and Africa; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Price Analysis; Trade Data Analysis; Manufacturing Process; Raw Material Market Analysis; Competitive Landscape; Events and Developments

Acetic acid (CH3COOH) is an organic chemical compound which gives a sour taste and pungent smell like vinegar. It occurs as both free and combined, in the form of esters of various alcohols in many plants and has also been detected in animal secretions. It is an important chemical reagent and industrial chemical used in the manufacturing of various other chemicals that serve a number of industries such as textiles, inks, rubbers, plastics, etc. During 2015-2019, the global acetic acid market grew at a CAGR of around 6%. Presently, vinyl acetate monomer (VAM- an intermediate in the production of a range of chemical derivatives) is one of the most rapidly growing application areas of acetic acid accounting for the majority of its total global consumption. This report by Expert Market Research entitled “Acetic Acid Market Report and Forecast 2020-2025” provides a comprehensive analysis for anyone who plans to foray in the acetic acid market

Global Acetic Acid Market Report and Forecast 2020-2025

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Historical market trends for the acetic acid market have been provided from 2015-2019 and forecasts have been presented till 2025. On a regional level, the report has segmented the global acetic acid market into the following regions – China, North America, Western/Eastern Europe, North East Asia and Middle East and Africa. China currently represents the largest market. On the basis of application, the global acetic acid market has been segmented into vinyl acetate monomer (VAM), purified terephthalic acid (PTA), anhydride, ethyl acetate, butyl acetate and others. On the basis of the end-use sectors, the acetic acid market is divided plastics and polymers, food and beverages, inks, paints, and coatings, chemicals, and pharmaceuticals, among others.

The value chain analysis of acetic acid has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution.  Furthermore, the study assesses the industry based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the acetic acid market has also been provided. The report also covers the global import and export trends of acetic acid with Belgium being the largest importer and United States being the largest exporter.

This report provides an exhaustive insight into the manufacturing of acetic acid. Factors such as chemical reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major raw materials required for manufacturing acetic acid viz. methanol and carbon monoxide.

The following are the key questions answered by this report:

  • What are the industry trends for the global acetic acid market?
  • Which are the biggest markets (regions) for acetic acid?
  • What are the key application areas for acetic acid?
  • Who are the key manufacturers in the acetic acid market?
  • What are the price trends of acetic acid?
  • What are the raw material requirements for the manufacturing of acetic acid?
  • What are the chemical reactions involved during the manufacturing of acetic acid?
  • Who are the major importers and exporters of acetic acid?
  • What is the value chain analysis of the acetic acid market?

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the acetic acid market. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Acetic Acid Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Acetic Acid Historical Market (2015-2019) 
    8.3    Global Acetic Acid Market Forecast (2020-2025)
    8.4    Global Acetic Acid Market by Application
        8.4.1    Vinyl Acetate Monomer (VAM)
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Purified Terephthalic Acid (PTA)
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
        8.4.3    Anhydride
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2015-2019)
            8.4.3.3    Forecast Trend (2020-2025)
        8.4.4    Ethyl Acetate
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2015-2019)
            8.4.4.3    Forecast Trend (2020-2025)
        8.4.5    Butyl Acetate
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2015-2019)
            8.4.5.3    Forecast Trend (2020-2025)
    8.5    Global Acetic Acid Market by End Use Industry
        8.5.1    Plastics and Polymers
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Food and Beverages
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Inks, Paints and Coatings
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Chemicals
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Pharmaceuticals
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2015-2019)
            8.5.5.3    Forecast Trend (2020-2025)
        8.5.6    Others
    8.6    Global Acetic Acid Market by Region
        8.6.1    Market Share
            8.6.1.1    China
            8.6.1.2    North America
            8.6.1.3    Western/Eastern Europe
            8.6.1.4    North East Asia
            8.6.1.5    South East Asia
            8.6.1.6    Middle East and Africa
9    Regional Analysis
    9.1    China
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
    9.2    North America
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
    9.3    Western/Eastern Europe
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
    9.4    North East Asia
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
    9.5    South East Asia
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
    9.6    Middle East and Africa
        9.6.1    Historical Trend (2015-2019)
        9.6.2    Forecast Trend (2020-2025)
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
13    Trade Data Analysis
    13.1    Major Importing Countries
        13.1.1    By Volume
        13.1.2    By Value
    13.2    Major Exporting Countries
        13.2.1    By Volume
        13.2.2    By Value
14    Manufacturing Process
    14.1    Detailed Process Flow
    14.2    Operations Involved
    14.3    Mass Balance
15    Raw Material Market Analysis
    15.1    Methanol
        15.1.1    Global Methanol Historical Market (2015-2019) 
        15.1.2    Global Methanol Market Forecast (2020-2025)
        15.1.3    Methanol Historical Price Trends (2015-2019) and Forecast (2020-2025)
        15.1.4    Global Methanol Market by Region
    15.2    Carbon Monoxide
        15.2.1    Global Carbon Monoxide Historical Market (2015-2019) 
        15.2.2    Global Carbon Monoxide Market Forecast (2020-2025)
        15.2.3    Carbon Monoxide Historical Price Trends (2015-2019) and Forecast (2020-2025)
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players Market Share
    16.3    Company Profiles
        16.3.1    British Petroleum
            16.3.1.1    Company Overview
            16.3.1.2    Product Portfolio
            16.3.1.3    Demographic Reach and Achievements
            16.3.1.4    Financial Summary
            16.3.1.5    Certifications
        16.3.2    Celanese
            16.3.2.1    Company Overview
            16.3.2.2    Product Portfolio
            16.3.2.3    Demographic Reach and Achievements
            16.3.2.4    Financial Summary
            16.3.2.5    Certifications
        16.3.3    Jiangsu Sopo
            16.3.3.1    Company Overview
            16.3.3.2    Product Portfolio
            16.3.3.3    Demographic Reach and Achievements
            16.3.3.4    Financial Summary
            16.3.3.5    Certifications
        16.3.4    Others
17    Events and Developments

List of Figures and Tables

1.    Global Acetic Acid Market: Key Industry Highlights, 2015 and 2025
2.    Global Acetic Acid Historical Market: Breakup by Application (USD Billion), 2015-2019
3.    Global Acetic Acid Market Forecast: Breakup by Application (USD Billion), 2020-2025
4.    Global Acetic Acid Historical Market: Breakup by End Use Industry (USD Billion), 2015-2019
5.    Global Acetic Acid Market Forecast: Breakup by End Use Industry (USD Billion), 2020-2025
6.    Global Acetic Acid Historical Market: Breakup by Region (USD Billion), 2015-2019
7.    Global Acetic Acid Market Forecast: Breakup by Region (USD Billion), 2020-2025
8.    North America Historical Price Trends and Forecast 2015-2025
9.    Europe Historical Price Trends and Forecast 2015-2025
10.    Asia Pacific Historical Price Trends and Forecast 2015-2025
11.    Latin America Historical Price Trends and Forecast 2015-2025
12.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
13.    Global Acetic Acid Market Structure

The global acetic acid market attained a volume of 17.28 million tons in 2019. It is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 6%. The industry is projected to reach 24.51 million tons by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of application, the vinyl acetate monomer (VAM) sector accounts for the largest share in the market. Based on the end-use sectors, the industry is divided plastics and polymers, food and beverages, inks, paints, and coatings, chemicals, and pharmaceuticals, among others. The major regional markets for the product are China, North America, Western/Eastern Europe, North East Asia, South East Asia, and Middle East and Africa. The key players in the above industry include British Petroleum, Celanese, Jiangsu Sopo, and others.

The major drivers of the acetic acid market such as rising disposable incomes, increasing population, rising demand for end-use products, and government initiatives in the industry are expected to aid the industry growth. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources.

EMR is one of the foremost business intelligence and market research companies with a database of syndicated and customised reports spanning more than 100 industries globally. We leverage the knowledge of our highly skilled team of over 100 analysts and more than 3000 independent consultants to provide our clients with thoroughly researched and reliable data tailored to their requirements. We help our clients, who range from Fortune 1000 companies to medium and niche enterprises, make informed strategic decisions through our varied tools and methodology. We understand the distinct nature and requirements for each industry and thus, modify our methodology to best fit the industry in question.

Assessment Approach

Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the market.

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We gather market intelligence through our extensive database of reliable secondary sources and our exhaustive interviews with multiple industry stakeholders. The information gathered through our primary and secondary sources help us verify and extrapolate data relating to prices, trade, and market fluctuations along with the latest developments in the industry.

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As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the market. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.

Secondary Research

EMR has access to extensive internal and subscribed databases, which apprise us of the historical and prevailing industry conditions and help us forecast the market for the coming few years. Our secondary research involves a wide array of sources ranging from the annual and financial reports of the key players in the industry to governmental and regulatory databases. We refer to various scientific and industry publications and whitepapers to form a comprehensive understanding of the product and the supply chain. Our wide-ranging research also refers to relevant articles and press releases to provide our customers with an up-to-date understanding of the contemporary market. We derive extensive raw data from our secondary research, which then go through a thorough verification and validation process, to help us formulate an exhaustive understanding of the industry, the supply chain, the competitive landscape, and the product.

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Before our data is presented to the clients, they undergo an intensive cross-verification and validation process. We corroborate the data gathered through our primary and secondary research by the review and validation of the initial sources along with the verification of the data from other thoroughly vetted sources.

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Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions. By constantly updating our databases and reports to reflect the changes taking place in the industry, our data and price assessments accurately reflect the prevailing industry conditions.

Thus, our rigorous data collection, thorough statistical analysis, and specialist assessments ensure that our clientele has a greater understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors, helping them emerge as the undisputed industry leaders in their respective fields.

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