Industrial acetic acid is an important chemical reagents and industrial chemicals, mainly in the production of cellulose acetate for photographic film, polyvinyl acetate for wood glue, and synthetic fibers and fabrics.In the food industry, acetic acid is used as a acidity regulator and as a flavoring.
This report contains market size and forecasts of Industrial Acetic Acid in global, including the following market information:
Global Industrial Acetic Acid Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Industrial Acetic Acid Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Industrial Acetic Acid companies in 2021 (%)
The global Industrial Acetic Acid market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Carbonylation of Methanol Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Industrial Acetic Acid include BASF, Saudi International Petrochemical Company, Montedison, Mitsubishi Chemical Corporation, Hoechst AG, Wacker Chemie AG, BP Chemicals, Celanese and Union Carbide Corporation. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Acetic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Acetic Acid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Industrial Acetic Acid Market Segment Percentages, by Type, 2021 (%)
Carbonylation of Methanol
Hydrocarbon Oxidation
Paraffin Oxidation
Oxidation of Olefins
Other
Global Industrial Acetic Acid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Industrial Acetic Acid Market Segment Percentages, by Application, 2021 (%)
Vinyl Acetate Monomer
Terephthalic Acid
Acetic Anhydride
Acetate Esters
Ketene
Monochloroacetic
Dimethylacetamide
Others
Global Industrial Acetic Acid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Industrial Acetic Acid Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Acetic Acid revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Industrial Acetic Acid revenues share in global market, 2021 (%)
Key companies Industrial Acetic Acid sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Industrial Acetic Acid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
Saudi International Petrochemical Company
Montedison
Mitsubishi Chemical Corporation
Hoechst AG
Wacker Chemie AG
BP Chemicals
Celanese
Union Carbide Corporation