Global Acetic Acid Market Size & Outlook, 2022-2030
Global acetic acid market, 2018-2030 (US$M)
Related Markets
Global acetic acid market highlights
- The global acetic acid market generated a revenue of USD 12,895.4 million in 2022 and is expected to reach USD 23,021.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.5% by 2030.
- In terms of segment, vinyl acetate monomer accounted for a revenue of USD 5,275.0 million in 2022.
- Vinyl Acetate Monomer is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Netherlands is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 12,895.4 million |
| Market revenue in 2030 | USD 23,021.4 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Vinyl acetate monomer |
| Fastest growing segment | Vinyl Acetate Monomer |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol |
Other key industry trends
- In terms of revenue, the North America accounted for 21.3% of the global acetic acid market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Netherlands is the fastest growing regional market and is projected to reach USD 215.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Acetic Acid Market Scope
Acetic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global acetic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to acetic acid market will help companies and investors design strategic landscapes.
Vinyl acetate monomer was the largest segment with a revenue share of 40.91% in 2022. Horizon Databook has segmented the Global acetic acid market based on vinyl acetate monomer, acetic anhydride, acetate esters, purified terephthalic acid, ethanol covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Acetic Acid Application Outlook (Revenue, USD Million, 2018-2030)
- Vinyl Acetate Monomer
- Acetic Anhydride
- Acetate Esters
- Purified Terephthalic Acid
- Ethanol
- Others
Reasons to subscribe to Global acetic acid market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global acetic acid market databook
-
Our clientele includes a mix of acetic acid market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global acetic acid market , including forecasts for subscribers. This global databook contains high-level insights into Global acetic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global acetic acid market size, by regions, 2018-2030 (US$M)
Top 10 countries: Acetic acid market size, 2022 (US$M)
Global acetic acid market share, by application, 2022 & 2030 (%, US$M)
Acetic acid market: Opportunity assessment by country
Global acetic acid market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,030.0 | 1,872.3 | 1,449.7 | 2,337.6 | 2,746.4 | 2,922.0 | 3,112.6 | 3,319.3 | 3,543.4 | 3,786.8 | 4,051.1 | 4,338.4 | 4,651.1 | 6.8% |
| Europe | 1,944.6 | 1,635.0 | 1,440.0 | 2,361.4 | 3,160.3 | 3,398.6 | 3,662.1 | 3,949.6 | 4,264.2 | 4,606.0 | 4,984.3 | 5,399.5 | 5,855.3 | 8.0% |
| Asia Pacific | 4,363.6 | 2,883.7 | 2,307.2 | 5,767.5 | 4,333.0 | 4,674.0 | 5,048.3 | 5,458.2 | 5,907.8 | 6,401.1 | 6,943.0 | 7,538.8 | 8,194.4 | 8.3% |
| Latin America | 722.4 | 620.6 | 529.9 | 817.5 | 1,034.9 | 1,095.0 | 1,160.6 | 1,231.8 | 1,309.3 | 1,393.7 | 1,485.8 | 1,586.1 | 1,695.7 | 6.4% |
| MEA | 876.1 | 789.1 | 669.4 | 1,206.0 | 1,620.8 | 1,716.1 | 1,818.9 | 1,929.7 | 2,049.0 | 2,177.5 | 2,315.8 | 2,464.6 | 2,624.9 | 6.2% |
| Overall | 9,936.7 | 7,800.7 | 6,396.2 | 12,489.9 | 12,895.4 | 13,805.6 | 14,802.5 | 15,888.6 | 17,073.7 | 18,365.1 | 19,779.9 | 21,327.4 | 23,021.4 | 7.5% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
