Global Bio Acetic Acid Market Size & Outlook, 2022-2030
Global bio acetic acid market, 2018-2030 (US$M)
Related Markets
Global bio acetic acid market highlights
- The global bio acetic acid market generated a revenue of USD 209.6 million in 2022 and is expected to reach USD 317.8 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.3% by 2030.
- In terms of segment, vinyl acetate monomer accounted for a revenue of USD 88.9 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, South Korea is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 209.6 million |
| Market revenue in 2030 | USD 317.8 million |
| Growth rate | 5.3% (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 21.4% of the global bio acetic acid market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 3.4 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
Bio Acetic Acid Market Scope
Bio Acetic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bio 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 bio acetic acid market will help companies and investors design strategic landscapes.
Vinyl acetate monomer was the largest segment with a revenue share of 42.41% in 2022. Horizon Databook has segmented the Global bio 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 Bio 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 bio 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 bio acetic acid market databook
-
Our clientele includes a mix of bio 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 bio acetic acid market , including forecasts for subscribers. This global databook contains high-level insights into Global bio acetic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global bio acetic acid market size, by region, 2018-2030 (US$M)
Top 10 countries by Bio Acetic Acid Market revenue, 2022 (US$M)
Global bio acetic acid market share, by application, 2022 & 2030 (%, US$M)
Bio acetic acid market: Opportunity assessment by country
Global bio acetic acid market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 13.8 | 13.6 | 12.9 | 13.2 | 13.7 | 13.9 | 14.6 | 15.4 | 16.2 | 17.1 | 18.0 | 19.1 | 20.2 | 4.4% |
| Europe | 36.3 | 36.4 | 35.2 | 36.1 | 37.5 | 38.1 | 40.1 | 42.3 | 44.6 | 47.1 | 49.8 | 52.8 | 55.9 | 4.5% |
| North America | 42.4 | 43.0 | 41.6 | 43.0 | 44.8 | 45.8 | 48.5 | 51.4 | 54.5 | 57.9 | 61.6 | 65.6 | 70.0 | 5.0% |
| MEA | 16.1 | 15.9 | 15.2 | 15.5 | 15.9 | 16.0 | 16.7 | 17.4 | 18.2 | 19.0 | 19.9 | 20.9 | 21.9 | 3.8% |
| Asia Pacific | 92.6 | 93.4 | 91.1 | 93.9 | 97.7 | 99.7 | 105.3 | 111.4 | 117.9 | 124.9 | 132.6 | 140.9 | 149.9 | 5.0% |
| Overall | 201.3 | 202.3 | 195.9 | 201.7 | 209.6 | 213.5 | 225.2 | 237.8 | 251.4 | 266.0 | 282.0 | 299.2 | 317.9 | 5.4% |
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
