| Product Code: ETC5347328 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continued to rely heavily on imports of acetic acid in 2024, with top exporters including India, China, Germany, and the UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market among these key suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 saw a significant decline of -32.48%, with a sharp decrease in growth rate from 2023 to 2024 at -87.04%. These figures suggest a challenging market environment for acetic acid imports in Maldives, with potential implications for supply chain dynamics and pricing strategies.

Maldives's Acetic Acid market is anticipated to experience a stable growth rate of 4.04% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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 Maldives Acetic Acid Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Acetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Acetic Acid Market - Industry Life Cycle |
3.4 Maldives Acetic Acid Market - Porter's Five Forces |
3.5 Maldives Acetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives 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 processing. |
4.2.2 Increasing use of acetic acid in the production of polyethylene terephthalate (PET) bottles and packaging materials. |
4.2.3 Favorable government policies and investments in infrastructure development supporting industrial growth in the Maldives. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in acetic acid production impacting profit margins. |
4.3.2 Environmental concerns and regulations related to the disposal of acetic acid waste. |
4.3.3 Competition from alternative chemicals and substitutes affecting market share. |
5 Maldives Acetic Acid Market Trends |
6 Maldives Acetic Acid Market Segmentations |
6.1 Maldives Acetic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Maldives Acetic Acid Market Revenues & Volume, By Vinyl Acetate Monomer, 2021-2031F |
6.1.3 Maldives Acetic Acid Market Revenues & Volume, By Acetic Anhydride, 2021-2031F |
6.1.4 Maldives Acetic Acid Market Revenues & Volume, By Acetate Esters, 2021-2031F |
6.1.5 Maldives Acetic Acid Market Revenues & Volume, By Purified Terephthalic Acid, 2021-2031F |
6.1.6 Maldives Acetic Acid Market Revenues & Volume, By Ethanol, 2021-2031F |
6.1.7 Maldives Acetic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Acetic Acid Market Import-Export Trade Statistics |
7.1 Maldives Acetic Acid Market Export to Major Countries |
7.2 Maldives Acetic Acid Market Imports from Major Countries |
8 Maldives Acetic Acid Market Key Performance Indicators |
8.1 Capacity utilization rate of acetic acid production plants in the Maldives. |
8.2 Number of new product developments or innovations in the acetic acid market. |
8.3 Rate of adoption of acetic acid in emerging applications and industries in the Maldives. |
9 Maldives Acetic Acid Market - Opportunity Assessment |
9.1 Maldives Acetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Acetic Acid Market - Competitive Landscape |
10.1 Maldives Acetic Acid Market Revenue Share, By Companies, 2024 |
10.2 Maldives Acetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |