What is the size of Acetic Acid Market?
According to 6Wresearch internal database and industry insights, the
Global Acetic Acid Market was valued at USD 3.7 Billion in 2026 and is expected to reach USD 6.4 Billion by 2032, growing at a compound annual growth rate of 6.70% during the forecast period (2026-2032).
The main drivers of this growth are rising demand for acetic acid in vinyl acetate monomer (VAM) production for adhesives and coatings, increasing application in food and beverage preservation and processing, and rising demand from chemical and pharmaceutical industries.
Growth Factors for Acetic Acid Industry
- Growing demand for vinyl acetate monomer in adhesives, coatings and packaging.
- Expanding polyester production is fuelling the need for purified terephthalic acid derived from acetic acid.
- Rising consumption of acetate-based solvents in paints, coatings and industrial applications.
- Increasing use in food processing, preservation and beverage-acidulation applications.
- Expanding demand from the chemical and pharmaceutical sectors for acetic acid and its derivatives.
Acetic Acid Market Trends
The Acetic Acid Market is witnessing trends marked by increasing adoption of acetic-acid derivatives in adhesives, coatings, and packaging materials. Use of acetic acid in polyester fibre and PET-bottle production continues to grow as textile and packaging demand rise. Demand for ester solvents and acetate-based chemicals is increasing in paints, coatings and manufacturing. Growing interest in bio-based acetic acid production and sustainable chemical processes is emerging.
Emerging Developments in the Acetic Acid Market
The Acetic Acid Market is experiencing developments, including rising investments in bio-based and low-carbon production routes for acetic acid to meet environmental and regulatory demands. Producers are expanding capacities to meet growing demand from plastics, textiles, coatings, and packaging industries. New applications in solvents, chemical intermediates, and derivatives for industrial, pharmaceutical, and speciality chemical uses are emerging.
List of Leading Companies in the Acetic Acid Market
Some of the leading companies include:
- Celanese Corporation
- Eastman Chemical Company
- BP Plc
- LyondellBasell Industries
- SABIC
- INEOS Group
- Daicel Corporation
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