Global Acetic Acid Market to Reach USD 42.18 Billion by 2035

Acetic acid, also known as ethanoic acid, is a colourless liquid organic compound having a characteristic pungent smell and sour taste. It is prepared by bacterial fermentation or oxidation of ethanol.

Acetic acid market has been classified as a weak acid and has numerous applications in various industries like pharmaceutical, construction, water treatment, rubber, plastics, etc. Vinegar, which is dilute acetic acid, is used as a food ingredient in kitchen. Acetic acid is also used in the manufacture of vinyl acetate monomer (VAM), purified terepthalic acid (PTA), acetate esters, etc.

The production of acetic acid has observed a significant growth during 2019-2025. VAM, the largest end-use industry of acetic acid, is used in manufacture of a number of polymers and resins for coatings, adhesives, paints, etc. As a result, the production of acetic acid is booming. Moreover, the rise in the production of other end-products such as PTA, ethylene-vinyl acetate (EVA) copolymers, ethyl acetate and butyl acetate, etc. involving the consumption of acetic acid has also led to an increase in its demand. Population growth, emerging markets and government policies are some of the other factors stimulating the market growth.

Key findings from the report:

• The end-use industries of acetic acid include Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetic Anhydride, Ethyl Acetate and Butyl Acetate. Vinyl acetate monomer (VAM) is one of the most rapidly growing end-use industries which accounts for around 33 % of its total global consumption.       
• Region-wise, Asia dominated the market with a share of more than two-fifth of the total global consumption. It was further followed by North America, Europe and Middle East and Africa.
• Being fragmented in nature, the global acetic acid market is surrounded by a number of players. Some of these players include British Petroleum, Celanese, Shanghai Wujing, Jiangsu Sopo, Reliance, Eastman, Lyondell Basell, Daicell, Sipchem, Kuraray.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Expert Market Research has analysed the global acetic acid market according to application, end-use, major regions and top players:

Application Outlook (Revenue, Billion, 2026-2035)

• Vinyl Acetate Monomer (VAM)
• Purified Terephthalic Acid (PTA)
• Acetic Anhydride
• Acetate Esters
• Ethanol
• Others

End Use Industry Outlook (Revenue, Billion, 2026-2035)

• Plastics and Polymers
• Food and Beverages
• Inks, Paints, and Coatings
• Chemicals
• Pharmaceuticals
• Others

Region Outlook (Revenue, Billion, 2026-2035)

• China
• North America
• Western/Eastern Europe
• North East Asia
• South East Asia
• Middle East & Africa

Top players

• SABIC
• Eastman Chemical Company
• Gujarat Narmada Valley Fertilizers & Chemicals Limited
• Dow
• British Petroleum
• LyondellBasell Industries Holdings B.V.
• HELM AG
• Indian Oil Corporation Ltd.
• Celanese Corporation
• Jiangsu Sopo
• Chang Chun Group
• Daicel Corporation
• Mitsubishi Chemical Corporation.
• Svensk Etanolkemi AB (SEKAB)
• INEOS Group Holdings S.A
• Global Chemical Resources
• Altiras Chemicals LLC
• Saudi Basic Industries Corporation
• Anant Pharmaceuticals Pvt. Ltd.
• Others

About Us

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790