Market Forecast By Application (Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol, Others) And Competitive Landscape
Product Code: ETC411718 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Acetic Acid Market report thoroughly covers the market by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil, one of the leading emerging markets in the world, has been experiencing a massive growth in the acetic acid market in recent years. Additionally, some drivers proliferating the market growth are the growing construction and textile industries, increasing demand for derivatives, and the adoption of bio-based production methods. Government measures to promote the manufacturing sector and support the chemical industry are projected to create massive growth opportunities.
According to 6Wresearch, the Brazil Acetic Acid Market size is estimated to expand at a CAGR of 5.3% during the forecast period 2025-2031. The growing construction industry with the ongoing infrastructure development, and housing projects are bolstering the paints, adhesives, and other construction materials demand. Additionally, the expanding textile industry is another major growing aspect, as acetic acid is used in the production of fibers and fabrics. Despite the growth prospect, the Brazil acetic acid industry faces several obstacles. The volatility of raw material prices, which affects the pricing of acetic acid. Additionally, the market is experiencing a massive competition owing to the presence of numerous local and international players. However, with some on gogin trends, the market has a wide cope to grow in the coming years are transition towards bio-based acetic acid production. The increasing adoption of renewable raw materials such as ethanol and sugarcane, instead of fossil-based methanol, is expected to create enormous growth opportunities for the market in the coming years.
The government of the country has been taking several initiatives to boost the manufacturing sector, which includes the chemical industry. The government has implemented several policies and programs such as "Inovar Auto" to stimulate the domestic production of automotives and "Plano Brazil Maior" to boost the manufacturing industry, including the chemical sector.
The Brazil acetic acid market is highly consolidated with a few key players dominating the market. One of the major players in the market is Celanese Corporation, which is a global leader in the production of acetic acid. Other key players in the market include LyondellBasell, BP, Dow Chemicals, and Eastman Chemicals.
According to Nitesh, Research Manager, 6Wresearch, the VAM market remains bright growth in the market due to the increase in disposable income of the middle class due to its durability. Also, it has a significant applications is the manufacturing of polyvinyl acetate (PVA), which is used in the production of glues and paint
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Acetic Acid Market Overview |
3.1 Brazil Regional Macro Economic Indicators |
3.2 Brazil Acetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Brazil Acetic Acid Market - Industry Life Cycle |
3.4 Brazil Acetic Acid Market - Porter's Five Forces |
3.5 Brazil Acetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Brazil Acetic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for acetic acid in various industries such as textiles, chemicals, and food beverage. |
4.2.2 Increasing adoption of acetic acid in the production of vinyl acetate monomer (VAM) and purified terephthalic acid (PTA). |
4.2.3 Favorable government policies and initiatives promoting the use of acetic acid in Brazil. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of acetic acid. |
4.3.2 Stringent environmental regulations related to the manufacturing and disposal of acetic acid. |
4.3.3 Competition from alternative products or substitutes impacting market growth. |
5 Brazil Acetic Acid Market Trends |
6 Brazil Acetic Acid Market, 2021-2031 |
6.1 Brazil Acetic Acid Market, Revenues & Volume, By Application, 2021-2031 |
7 Brazil Acetic Acid Market Key Performance Indicators |
7.1 Capacity utilization rate of acetic acid production facilities in Brazil. |
7.2 Average selling price of acetic acid in the Brazilian market. |
7.3 Adoption rate of innovative technologies in acetic acid production processes in Brazil. |
8 Brazil Acetic Acid Market - Opportunity Assessment |
8.1 Brazil Acetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9 Brazil Acetic Acid Market - Competitive Landscape |
9.1 Brazil Acetic Acid Market Revenue Share, By Companies, 2024 |
9.2 Brazil Acetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
10 Company Profiles |
11 Recommendations |
12 Disclaimer |