Saudi Arabia Bio Acetic Acid Market Size & Outlook
Saudi Arabia bio acetic acid market, 2018-2030 (US$M)
Related Markets
Saudi Arabia bio acetic acid market highlights
- The Saudi Arabia bio acetic acid market generated a revenue of USD 3.8 million in 2022 and is expected to reach USD 5.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4% 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.
Bio acetic acid market data book summary
| Market revenue in 2022 | USD 3.8 million |
| Market revenue in 2030 | USD 5.1 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Vinyl acetate monomer |
| Fastest growing segment | Vinyl Acetate Monomer |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol |
| Key market players worldwide | Air 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, Saudi Arabia accounted for 1.8% of the global bio acetic acid market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa bio acetic acid market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 7.5 million by 2030.
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Bio Acetic Acid Market Scope
Bio Acetic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 42.11% in 2022. Horizon Databook has segmented the Saudi Arabia 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.
- Saudi Arabia Bio Acetic Acid Application Outlook (Revenue, USD Million, 2018-2030)
- Vinyl Acetate Monomer
- Acetic Anhydride
- Acetate Esters
- Purified Terephthalic Acid
- Ethanol
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia bio acetic acid market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia bio acetic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia bio acetic acid market size, by application, 2018-2030 (US$M)
Saudi Arabia Bio Acetic Acid Market Outlook Share, 2022 & 2030 (US$M)
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