
Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The India acetic acid market was volumed at 1.36 MMT in 2024. The industry is expected to grow at a CAGR of 4.60% during the forecast period of 2025-2034. The surging pharmaceutical industry in India, which uses acetic acid in the manufacturing of different types of medicines and medical supplies, is boosting the market growth and expansion potential. In turn, all these factors have resulted in the market attaining a volume of 2.13 MMT by 2034.
Base Year
Historical Year
Forecast Year
Adoption of acetic acid in food and beverage products as a preservative ingredient has become extensive. For instance, the primary ingredient in vinegar is acetic acid, which ranges from 4 to 18%. The increased demand for processed and packaged food products, hence, is further boosting the growth in the India acetic acid market.
Acetic acid is used as a building block to produce various chemicals like synthetic fibers and plastics. This creates B2B opportunities, especially in sectors like textiles and automotive, both of which are major consumers of this multifunctional acid.
The Indian market is emerging as bio-based acetic acid production is being researched and developed by many players in the industry to meet the growing focus on sustainability through environmentally friendly products. B2B opportunities abound for companies focused on green chemistry and renewable feedstock solutions aimed at achieving environmental goals.
Value in MMT
2025-2034
India Acetic Acid Market Outlook
*this image is indicative*
India Acetic Acid Market Report Summary |
Description |
Value |
Base Year |
MMT |
2024 |
Historical Period |
MMT |
2018-2024 |
Forecast Period |
MMT |
2025-2034 |
Market Size 2024 |
MMT |
1.36 |
Market Size 2034 |
MMT |
2.13 |
CAGR 2018-2024 |
Percentage |
XX% |
CAGR 2025-2034 |
Percentage |
4.60% |
CAGR 2025-2034 - Market by Region |
North India |
5.2% |
CAGR 2025-2034 - Market by Region |
West & Central India |
4.9% |
CAGR 2025-2034 - Market by Application |
Vinyl Acetate Monomer (VAM) |
5.5% |
CAGR 2025-2034 - Market by End Use |
Plastics and Polymers |
5.7% |
2024 Market Share by Region |
South India |
31.2% |
Strong demand for acetic acid from industry verticals such as textile, chemicals, and pharmaceutical are driving the growth of the India acetic acid market. The demand for green production methods and bio-based acetic acid along with growing industrialization and urbanization are opening market opportunities for several innovations. Key participants are focused on capacity additions, technology advancements, and strategic alliances to achieve competitive advantages. In addition, the burgeoning market for high-end acetic acid derivatives such as acetic anhydride, acetate esters, and others are providing future growth prospects. With a growing focus on sustainability, companies are adopting green manufacturing processes to meet local and international market demand.
One of the vital niches driving heavy demand in the India acetic acid market is agriculture. Agriculture applications include herbicide and preservatives. Acetic acid has been used to convert pesticides, which enhances the transition of the agricultural segment to sustainable methods due to heightened focus on macro demand and sustainable agriculture. These applications help reduce the reliance on synthetic chemicals and promote sustainable agricultural practices. Acetic acid is used in producing specialty chemicals, including esters, solvents and plastics, which contributes to the market growth. As India’s manufacturing base broadens, an expanding number of chemicals are being used in segments such as automotive, electronics and construction. The increasing shift towards high-performance materials also continues to drive demand for specialty acetic acid derivatives, making this segment a critical growth driver.
The key trends of the India acetic acid market include bio-based production, diverse applications, technological advancements, and growing domestic supply.
With sustainability being a top priority, bio based acetic acid is trending in India. Jubilant Life Sciences and other companies are transitioning to greener manufacturing processes, replacing petrochemical feed with renewable feedstocks, thereby boosting the India acetic acid market dynamics. In this regard, B2B companies are venturing out towards other production pathways like fermentation processes which deliver a cleaner, more sustainable product, thereby aiding climate initiatives in India, while enabling green energy and circular economy.
Increasing application of acetic acid across different industries like pharmaceuticals, packaging, and automotive is driving the India acetic acid market growth. For instance, acetic acid is used in synthetic fiber production such as polyester, which fuels the textile industry growth in India. In pharmaceutical medicines, it is essential to produce active ingredients of different medicines. The market is also seeing increasing usage in food preservation and vinegar production, broadening its cross-section usage. These applications are creating demand from many industrial sectors, which elevates the position of acetic acid in the Indian industrial system.
Technology advances are reshaping the India acetic acid market trends and dynamics by improving production efficiency and reducing costs. This includes the introduction of catalysing technologies and optimising raw material input in the industries to get a higher yield and reduce wastage. BPCL’s new methanol carbonylation technology, for instance, has greater production capacity and environmental performance. These technological advancements are aiding Indian manufacturers to remain competitive, augment their production capabilities and meet the increasing demands at both local and foreign landscape, as well as their derivatives of acetic acid of high purity grades.
The acetic acid market in India is growing due to the heavy dependence on imports and increase in production domestically. Due to heavy demand, Indian manufacturers are ramping up production to keep pace, and the shortfall is being filled by imports from global producers. Local players such as Reliance Industries and Tata Chemicals are ramping up their acetic acid production capacity to reduce imports. This transition is reshaping market dynamics, creating more scope for B2B collaboration in production and distribution.
Acetic acid contributes to the growing demand for environmentally friendly and sustainable products, indicating a tremendous potential for companies in this regard. Green chemistry technologies, like fermentation-based production methods, allow businesses to access a sector of the market that caters to both environmental ambitions and consumer demand. Companies can also seek collaboration with bio-based chemical manufacturers, focusing on new sustainable products, for a competitive edge in the eco-conscious Indian acetic acid market. Additionally, there has been a booming demand for acetic acid associated with an onslaught in the manufacturing and industrialization, thus, investments in infrastructure from the manufacturers is expected to result in the establishment of new manufacturing plants and distribution channels. As the logistics and transportation network improves, acetic acid will be easier to access around the country, even in remote places. This would allow companies to respond to both rising local demand and increased export potential.
The growing chemical sector in India, especially in solvent, coating, and plastic production, is providing a significant growth impetus to the India acetic acid market. Acetic acid is also used in the manufacture of various chemicals, including acetic anhydride and acetate esters. Rising demand for these chemicals in various industries such as automotive, textiles, and electronics increases acetic acid consumption which boosts growth of the market. The government is also trying to boost the 'Make in India' campaign through the process of indigenization as well as industrialization. Such policies promote the production of these types of chemicals and investment in infrastructure which helps the market to flourish as they aid easy availability of raw material and significantly reduce the production cost.
The EMR’s report titled “India Acetic Acid Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
Market Insights by Application
Acetic acid has a pivotal role in a number of industries, leading to considerable advancement in industrial applications. Vinyl Acetate Monomer (VAM) is crucial for adhesives, paints, and textiles production, its extensive usage is boosting the India acetic acid market value. This particular segment is expected to grow at a CAGR of 5.5% over the forecast period. PTA is notably a key contributor to polyester production, which has become a focus point of allied industries with growing demands from textile production sectors. Ethyl acetate serves as a common solvent in paints and coatings. Acetic anhydride is important in the industry sector for chemical and pharmaceutical generation. The growing industrialization and consumer demand is also playing a key role in driving the usage of these applications across various sectors in India.
Market Analysis by End Use
Chemicals, mostly plastics and polymers, make up the largest share in the India acetic acid market. This is due to the acetic acid’s use in making products such as acetate fibers and plastics. The food and beverages segment employs acetic acid mainly for food preservation and flavoring purposes. The acid is used in ink, paint and coating. This acetic acid is used by chemicals and pharmaceuticals manufacturers to make a variety of chemicals, and its incorporation in pharmaceuticals prevents breaking down or weakening the product. All these sectors contribute significantly to the growing demand in India.
North India acetic acid Market Opportunities
The pharmaceutical, chemical, textile, and automotive industries are driving the demand of acetic acid in North India. It is primarily used for the preparation of synthetic fibers, paints and adhesives, and is inducing demand for acetic acid in major industrial hubs of Haryana, Delhi and Punjab. The market is projected to grow at a CAGR of 5.2% over the forecast period. The region's growing infrastructure and government initiatives also aid in the growth of the market.
South India Acetic Acid Market Insights
South India has a strong industrial base across the flourishing chemical and pharmaceutical industry. Thus, the growing chemical and pharmaceutical industry is a major driver for the demand of acetic acid in Tamil Nadu, Karnataka and Andhra Pradesh. The region's thriving textile sector is a key driver of demand, where polyester production requires a lot of acetic acid.
CAGR 2025-2034 - Market by |
Region |
North India |
5.2% |
West India |
4.9% |
South India |
XX% |
East India |
XX% |
West & Central India Acetic Acid Market Growth
The acetic acid demand is growing high in West and Central India including provinces like Maharashtra and Gujarat, due to the presence of large petrochemical complexes and refineries. The market is expected to grow at a CAGR of 4.9% over the forecast period. Varied industrial sectors in the region consume derivatives of acetic acid like VAM (vinyl acetic acid) and ethyl acetate, which contribute towards the growth of the market.
East India Acetic Acid Market Outlook
The East India acetic acid market includes West Bengal and Odisha where the demand on the rise. The market is driven by the textile and chemicals production in the area. Infrastructural development and growth of the pharmaceutical industry also supports the industrial growth of acetic acid as key raw material.
India acetic acid market players are concentrating on increasing their production volumes, follow sustainability standards, and develop bio-based production techniques. Moreover, India acetic acid companies are expanding the applications range in sectors, such as textiles and pharmaceuticals.
GNFC is a major player in the acetic acid market in India, incorporated in 1976 and headquartered in Bharuch, Gujarat. It produces acetic acid and other chemicals, with a major impact on the fertilizer, textile and chemical industries.
Godavari Biorefineries, established in 1939 and based in Mumbai, is a pioneer of bio-based chemicals. The organization creates acetic acid through renewable sources, developing sustainable, environmentally-friendly production techniques within the rise of chemical industry occurring in India.
Jubilant Ingrevia, a global specialty chemicals unicorn founded in 2019, is headquartered in Noida, Uttar Pradesh. It produces derivatives of acetic acid that are used, for example, in pharmaceuticals, food and industrial applications like ethyl acetate.
Assam Bio Ethanol, which was established in 2018 is an Assam-based company. They are engaged in manufacturing bioethanol and chemicals like acetic acid. The company’s eco-friendly focus aims for the rising demand for renewable chemicals and sustainability in the Indian chemical industry.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the India acetic acid market report are Celanese Corporation, Tanfac Industries Limited, Vizag Chemical, Farmson Basic Drugs Private Limited, and Ridhdhi Siddhi Chemicals, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2024, the India acetic acid market reached an approximate volume of 1.36 MMT.
The market is projected to grow at a CAGR of 4.60% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a volume of around 2.13 MMT by 2034.
The major drivers of the market are surging pharmaceutical industry, chemical sector, and the government supported initiatives.
The key trends of the market include bio-based production, diverse applications, technological advancements, and growing domestic supply.
The major regions in the market are North India, South India, West & Central India, and East India.
The various applications considered in the market report are Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, Butyl Acetates and Monochloro Acetic Acid, and others.
The major players in the market are Gujarat Narmada Valley Fertilizers & Chemicals Limited, Godavari Biorefineries Ltd., Jubilant Ingrevia Limited, Assam Bio Ethanol Private Limited, Celanese Corporation, Tanfac Industries Limited, Vizag Chemical, Farmson Basic Drugs Private Limited, and Ridhdhi Siddhi Chemicals, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Application |
|
Breakup by End Use |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share