Europe Bio Acetic Acid Market Size & Outlook, 2022-2030

The bio acetic acid market in Europe is expected to reach a projected revenue of US$ 55.9 million by 2030. A compound annual growth rate of 5.1% is expected of Europe bio acetic acid market from 2023 to 2030.
Revenue, 2022 (US$M)
$37.5
Forecast, 2030 (US$M)
$55.9
CAGR, 2023 - 2030
5.1%
Report Coverage
Europe

Europe bio acetic acid market highlights

  • The Europe bio acetic acid market generated a revenue of USD 37.5 million in 2022.
  • The market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
  • In terms of segment, vinyl acetate monomer was the largest revenue generating application in 2022.
  • Vinyl Acetate Monomer is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.


Europe data book summary

Market revenue in 2022USD 37.5 million
Market revenue in 2030USD 55.9 million
Growth rate5.1% (CAGR from 2022 to 2030)
Largest segmentVinyl acetate monomer
Fastest growing segmentVinyl Acetate Monomer
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol
Key market players worldwideAir Products & Chemicals Inc, Cargill, Novonesis AS ADR, LanzaTech Global Inc Ordinary Shares - Class A, Bio-Corn Products, Sucroal, AFYREN, Godavari Biorefineries, BTG BioLiquids


Other key industry trends

  • In terms of revenue, Europe region accounted for 17.9% of the global bio acetic acid market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 70.0 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 Companies

Name Profile # Employees HQ Website

Europe 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 41.87% in 2022. Horizon Databook has segmented the Europe 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.


VAM is a direct byproduct of bio-acetic acid and is used for producing numerous consumer and industrial goods. Adhesives and sealants are among the key applications of VAM that are extensively utilized in different end-use industries in Europe, including packaging, building and construction, transportation, electrical and electronics, woodworking and joinery, assembly, and consumer goods.


The utilization of bio-acetic acid in paints & coatings and construction sectors is a significant factor contributing to the growth of the bio-acetic acid market in Europe, primarily due to the ongoing infrastructural development initiatives across nations including Germany, France, the UK, and Italy.


According to a 2020 study by the European Commission, the building and construction industry accounts for around 10% of Europe's GDP and generates more than 20 million job prospects for the populace of the region.

Reasons to subscribe to Europe 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 Europe 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 continent-level data and insights on the Europe bio acetic acid market , including forecasts for subscribers. This continent databook contains high-level insights into Europe bio acetic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Europe bio acetic acid market size, by country, 2018-2030 (US$M)

Europe Bio Acetic Acid Market Outlook Share, 2022 & 2030 (US$M)

Europe bio acetic acid market size, by country, 2018-2030 (US$M)

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.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more