Market Forecast By Application (Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol, Others) And Competitive Landscape
Product Code: ETC411717 | 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 | |
Report Name | US Acetic Acid Market |
Forecast period | 2025-2031 |
CAGR | 4.8% |
Growing Sector | Chemical |
The US Acetic Acid market report thoroughly covers the market by application and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going 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.
The acetic acid market in the United States is experiencing considerable growth due to its extensive use in industrial chemicals, food and beverage preservation, and pharmaceuticals. As a key ingredient for synthesizing vinyl acetate monomer (VAM), which is crucial for producing adhesives, paints, and coatings, the demand for acetic acid is expected to surge in tandem with the growth of these sectors. Additionally, the versatility of acetic acid in various applications supports a robust and resilient market outlook. Additionally, emerging trends in the United States acetic acid market illustrate a shift towards sustainability and environmentally-friendly production processes. Companies are increasingly adopting bio-based methods to produce acetic acid, reducing dependency on petroleum-based feedstock and mitigating environmental impact. Additionally, technological advancements in production, such as the development of methanol carbonylation processes, aim to boost efficiency and yield. Market players are also focusing on expanding acetic acid applications in newer fields like biodegradable plastics, which is anticipated to open up new avenues for growth in the near future.
According to 6Wresearch, US Acetic Acid market size is projected to grow at a CAGR of 4.8% during 2025-2031. The growth drivers within the United States acetic acid market are diverse and steering the industry towards expansion. One significant driver is the burgeoning demand within the food and beverage sector, where acetic acid is crucial for preservation and flavoring. An increase in consumer spending on convenient and processed foods underlines this trend. Additionally, the pharmaceuticals industry contributes to acetic acid consumption due to its use as a solvent and reagent in the manufacturing of active pharmaceutical ingredients (APIs). Moreover, the economic recovery and revitalization of industrial activities post-pandemic are projected to further propel the demand as the production of adhesives, textiles, and solvents regain momentum. These factors collectively indicate a positive trajectory for the acetic acid market in the United States.
The government initiatives play a crucial role in shaping the market dynamics. They set the stage for research grants to innovate more sustainable production techniques, provide tax incentives for green chemical manufacturing, and enforce regulations that encourage the adoption of environmentally responsible practices. Consistently, these agendas have heightened the US Acetic Acid Market Share. Further, these initiatives not only help in mitigating the environmental footprint of acetic acid production but also bolster the competitive edge of US manufacturers in the global market.
Key players in the United States acetic acid market that are steering its growth include such industry giants as LyondellBasell Industries N.V., BP Chemicals, Celanese Corporation, and Eastman Chemical Company. These titans are renowned for their large-scale production capabilities, extensive distribution networks, and continuous focus on research and development to innovate and improve processes. In addition, the businesses’ clutch huge US Acetic Acid Market Revenues. Further, their strong global presence and strategic partnerships further reinforce the market dominance and resilience against economic shifts impacting the chemical industry sector.
The push towards eco-friendly manufacturing processes is expected to lead to the development of renewable acetic acid sources, such as biomass, that could drastically reduce dependency on fossil fuels and lower carbon emissions. Furthermore, market diversification strategies and investments in capacity expansions by key players are likely to enhance supply chain robustness, thus addressing the issue of raw material volatility. Technological innovations, together with a greater emphasis on circular economy principles within the chemical industry, are poised to redefine production standards and ensure a sustainable growth pathway for the acetic acid market in the forthcoming years.
According to Ravi Bhandari, Research Head, 6Wresearch, within the acetic acid market, a diverse array of products is derived from this versatile chemical, including vinyl acetate monomer (VAM), purified terephthalic acid (PTA), acetate esters, and acetic anhydride. VAM serves as a key ingredient in the production of polymers and resins for adhesives, paints, and coatings, while PTA is predominantly used in manufacturing polyester fibers for textiles and PET bottles for packaging. Acetate esters find applications as solvents in various industries including pharmaceuticals and inks, and acetic anhydride is crucial for synthesizing aspirin and other acetate-based drugs, as well as cellulose acetate for photographic film.
The acetic acid's derivatives serve a multitude of applications across various industries; for instance, Vinyl Acetate Monomer (VAM) is integral in creating polyvinyl acetate for adhesives, paints, and coatings. Acetic Anhydride is critical in pharmaceuticals for the production of aspirin and other acetate drugs, as well as the creation of cellulose acetate, which is used in photographic films. Acetate Esters are widely utilized as solvents in industries such as pharmaceuticals, cosmetics, and inks. Purified Terephthalic Acid (PTA) plays a pivotal role in producing polyester fibers for textiles and packaging materials like PET bottles. Moreover, acetic acid is also pivotal in the manufacturing of Ethanol, an essential chemical used as a disinfectant, in personal care products, and as a key ingredient in alcoholic beverages.
The US Acetic Acid market report provides a detailed analysis of the following market segments:
By Application
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 US Acetic Acid Market Overview |
3.1 US Regional Macro Economic Indicators |
3.2 US Acetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 US Acetic Acid Market - Industry Life Cycle |
3.4 US Acetic Acid Market - Porter's Five Forces |
3.5 US Acetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 US Acetic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for acetic acid in industries such as chemical, pharmaceutical, and food beverage |
4.2.2 Growing adoption of acetic acid as a solvent and raw material in various manufacturing processes |
4.2.3 Rising use of acetic acid in the production of polyethylene terephthalate (PET) and vinyl acetate monomer (VAM) |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as methanol and ethylene which are key feedstocks for acetic acid production |
4.3.2 Stringent regulations related to environmental impact and safety concerns associated with acetic acid production and handling |
5 US Acetic Acid Market Trends |
6 US Acetic Acid Market, 2021-2031 |
6.1 US Acetic Acid Market, Revenues & Volume, By Application, 2021-2031 |
7 US Acetic Acid Market Key Performance Indicators |
7.1 Capacity utilization rate of acetic acid production plants in the US |
7.2 Average selling price of acetic acid in the US market |
7.3 Number of new product developments or applications utilizing acetic acid in different industries |
7.4 Percentage of acetic acid production using sustainable and eco-friendly practices |
8 US Acetic Acid Market - Opportunity Assessment |
8.1 US Acetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9 US Acetic Acid Market - Competitive Landscape |
9.1 US Acetic Acid Market Revenue Share, By Companies, 2024 |
9.2 US Acetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
10 Company Profiles |
11 Recommendations |
12 Disclaimer |