Market Survey on Glacial Acetic Acid Market Covering Sales Outlook, Up-to-date Key Trends, Market Size and Forecast, Production Capacity, Export and Import Analysis, Regulations, Trade Analysis and Company Analysis
An In-depth Market Insights of Glacial Acetic Acid Market including Food grade,Industrial grade, and Pharmaceutical grade Covering 30+ Countries like United States, United Kingdom, Germany, France, Norway, Sweden, Saudi Arabia, United Arab Emirates, Japan, Korea, Australia, New Zealand, and Others
[300 pages Report] The glacial acetic acid market is projected to witness solid growth at approximately 6.5% CAGR over the forecast period (2019-2029). Moreover, glacial acetic acid is utilized for the production of propylene terephthalate, aniline, synthetic camphor, and terephthalic acid. Global glacial acetic acid market is strengthened by variegated end-use applications such as food & beverages, inks, coatings, paints, vinegar, and pharmaceuticals.
In food & beverages industry, glacial acetic acid is used as a preservative which is a key factor driving growth. Moreover, rising consumer expenditure, shifting consumer lifestyles, and greater net worth income is shaping the glacial acetic acid market. Pharmaceutical applications are increasingly adopting glacial acetic acid as a chief ingredient as well.
This study offers a comprehensive, 360 degree analysis on the Glacial Acetic Acid market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Glacial Acetic Acid market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
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Food Preservation Invigorates Demand for Glacial Acetic Acid Market
Role of glacial acetic acid as an acidity regulator in food & beverages is gaining traction. Moreover rising population accentuates greater demand for food & beverages. Vinegar is increasingly becoming popular in households, which has glacial acetic acid as a chief ingredient. Further, glacial acetic acid is deployed in the fabrication of acetic anhydride.
Glacial acetic acid is used as a condensing agent in acetic anhydride production. Manufacturers prefer glacial acetic acid in view of relatively low price point of raw materials. The wide spectrum of household applications continues to fuel the consumption of glacial acetic acid. Hence, food & beverages industry will witness an upward growth trajectory in glacial acetic acid market.
Versatility of Glacial Acetic Acid to Strengthen Market through 2029
In the light of its unique properties, glacial acetic acid is used in a wide array of applications. For instance,purified terephthalic acidand vinyl acetate monomer are manufactured from glacial acetic acid. Both of these compounds are essential for manufacturing adhesives, sealants, and PET. Various end-use industries are scaling up the consumption of glacial acetic acid in view of heightening demand.
Besides, rapid industrialization necessitates the demand for adhesives and sealants. Emerging economies in particular are boosting the demand for glacial acetic acid as construction undertakings proliferate. In addition, PET has gained paramount importance in the packaging industry which will further augment the sales of glacial acetic acid market through the forecast period
Asia Pacific Leads Global Glacial Acetic Acid Market Share
Countries such as India, Japan and China are key growth drivers of glacial acetic acid in Asia Pacific. Changing lifestyles and increasing health concerns are key growth parameters of regional glacial acetic acid market. Moreover, technological innovations associated with manufacturing process are completing the market growth in Asia Pacific.
On the other hand, North America will register significant CAGR through the duration of forecast period. Established end-use industries in this region will strengthen the regional glacial acetic acid market through 2029. Increasing production of oil and gas is a significant growth contributor of Asia Pacific glacial acetic acid market.
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Prominent Glacial Acetic Acid Market Players Look through Sustainable Transition through 2029
Some of the prominent glacial acetic acid markett players featured in this report include, Hawkins, Inc., MP Biomedicals, BASF SE, OM Group, Inc., Eastman Chemical Company, Celanese Corporation, Innova Corporate (India), Spectrum Chemical Mfg. Corp., British Petroleum, China Great Wall Energy Co, Sinopec Great Wall Energy and Chemical, and Reliance.
In view of rapidly evolving competitive landscape, major players are focused on adapting through sustainable transition. Sales execution strategies, efficient pricing and innovation will be strategic focal point of market leaders during the forecast period.
Glacial Acetic Acid Market - Potential Impact of COVID-19 Impact
Acetic acid and a few other basic chemicals that have a diverse application range generally fall at the starting point of value chains in several chemical industry glacial acetic acid markets.
While COVID-19 pandemic is posing an abrupt impact on manufacturing units across the chemical industry, the scenario of basic chemical manufacturers still looks positive, over the next quarter. Manufacturers of glacial acetic acid are prioritizing reduced dependence on China hereafter.
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Glacial Acetic Acid Market: Segmentation
The global glacial acetic acid market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
By Grade
Food grade
Industrial grade
Pharmaceutical grade
By End-use Application
Food additive
Solvent
Photographic Chemical
Paints & Coating
Textile
Cosmetics
Pharmaceutical Intermediate
By Region
North America
Latin America
Europe
MEA
Asia Pacific
Frequently Asked Questions
What is the Growth Outlook for Glacial Acetic Acid Market?
The glacial acetic acid market is likely to secure a CAGR of 6.5 % through 2032.
By 2032, how much can the Glacial Acetic Acid Market Grow?
The glacial acetic acid market size is estimated to cross US$ 14.57 Bn by 2032.
What is the Current Valuation of the Glacial Acetic Acid Market?
The glacial acetic acid market is likely to record a value of US$ 7.76 Bn in 2022.
Which Region is likely to Lead the Glacial Acetic Acid Market?
Asia Pacific is likely to lead the glacial acetic acid market.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Global Glacial Acetic Acid Market Demand Analysis 2014-2018 and Forecast, 2019-2029
3.1. Historical Market Volume (Tons) & Value (Tons) Analysis, 2014-2018
3.2. Current and Future Market Value (Tons) & Volume (Tons) Projections, 2019-2029
3.3. Y-o-Y Growth Trend Analysis
4. Global Glacial Acetic Acid Market - Pricing Analysis
4.1. Regional Pricing Analysis By Grade
4.2. Pricing Break-up
4.2.1. Manufacturer Level Pricing
4.2.2. Distributor Level Pricing
4.3. Global Average Pricing Analysis Benchmark
5. Market Background
5.1. Macro-Economic Factors
5.1.1. Global Chemicals Industry Overview
5.1.2. Global Carboxylic Acid Market Overview
5.2. Forecast Factors - Relevance & Impact
5.3. Supply Demand Scenario
5.4. Production Overview
5.5. Value Chain
5.6. Market Dynamics
5.6.1. Drivers
5.6.2. Restraints
5.6.3. Opportunity Analysis
6. Global Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029, by Region
6.1. Introduction
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2014-2018
6.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2019-2029
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Middle East & Africa
6.3.5. Asia Pacific
6.4. Market Attractiveness Analysis By Region
7. Global Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029, By Grade
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Grade, 2014-2018
7.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Grade, 2019-2029
7.3.1. Food grade
7.3.2. Industrial grade
7.3.3. Pharmaceutical grade
7.4. Market Attractiveness Analysis By Grade
8. Global Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2014 - 2018
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2019 - 2029
8.3.1. Food additive
8.3.2. Solvent
8.3.3. Photographic Chemical
8.3.4. Paints & Coating
8.3.5. Textile
8.3.6. Cosmetics
8.3.7. Pharmaceutical Intermediate
8.4. Market Attractiveness Analysis By Application
9. North America Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029
9.1. Introduction
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
9.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019-2029
9.4.1. By Country
9.4.1.1. U.S.
9.4.1.2. Canada
9.4.2. By Application
9.4.3. By Grade
9.5. Market Attractiveness Analysis
9.5.1. By Country
9.5.2. By Application
9.5.3. By Grade
9.6. Market Trends
9.7. Key Market Participants - Intensity Mapping
9.8. Drivers and Restraints - Impact Analysis
10. Latin America Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029
10.1. Introduction
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
10.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019-2029
10.4.1. By Country
10.4.1.1. Brazil
10.4.1.2. Mexico
10.4.1.3. Rest of Latin America
10.4.2. By Application
10.4.3. By Grade
10.5. Market Attractiveness Analysis
10.5.1. By Country
10.5.2. By Application
10.5.3. By Grade
10.6. Market Trends
10.7. Key Market Participants - Intensity Mapping
10.8. Drivers and Restraints - Impact Analysis
11. Europe Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029
11.1. Introduction
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
11.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019-2029
11.4.1. By Country
11.4.1.1. Germany
11.4.1.2. Italy
11.4.1.3. France
11.4.1.4. U.K.
11.4.1.5. Spain
11.4.1.6. Russia
11.4.1.7. Rest of Europe
11.4.2. By Application
11.4.3. By Grade
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Application
11.5.3. By Grade
11.6. Market Trends
11.7. Key Market Participants - Intensity Mapping
11.8. Drivers and Restraints - Impact Analysis
12. Middle East and Africa Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019-2029
12.4.1. By Country
12.4.1.1. GCC Countries
12.4.1.2. Turkey
12.4.1.3. Northern Africa
12.4.1.4. South Africa
12.4.1.5. Rest of Middle East and Africa
12.4.2. By Application
12.4.3. By Grade
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Application
12.5.3. By Grade
12.6. Market Trends
12.7. Key Market Participants - Intensity Mapping
12.8. Drivers and Restraints - Impact Analysis
13. Asia Pacific Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014-2018
13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2019-2029
13.4.1. By Country
13.4.1.1. China
13.4.1.2. Japan
13.4.1.3. South Korea
13.4.1.4. India
13.4.1.5. ASEAN
13.4.1.6. Rest of Asia Pacific
13.4.2. By Application
13.4.3. By Grade
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Application
13.5.3. By Grade
13.6. Market Trends
13.7. Key Market Participants - Intensity Mapping
13.8. Drivers and Restraints - Impact Analysis
14. Emerging Countries Glacial Acetic Acid Market Analysis 2014-2018 and Forecast 2019-2029
14.1. Introduction
14.1.1. Market Value Proportion Analysis, By Key Countries
14.1.2. Global Vs. Country Growth Comparison
14.2. India Glacial Acetic Acid Market Analysis
14.2.1. Introduction
14.2.2. PEST Analysis
14.2.3. Market Value Proportion Analysis by Market Taxonomy
14.2.4. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
14.2.4.1. By Application
14.2.4.2. By Grade
14.3. France Glacial Acetic Acid Market Analysis
14.3.1. Introduction
14.3.2. PEST Analysis
14.3.3. Market Value Proportion Analysis by Market Taxonomy
14.3.4. Market Volume (Tons) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
14.3.4.1. By Application
14.3.4.2. By Grade
15. Market Structure Analysis
15.1. Market Analysis by Tier of Companies (Glacial Acetic Acid)
15.2. Market Concentration
15.3. Market Share Analysis of Top Players
15.4. Market Presence Analysis
15.4.1. By Regional footprint of Players
15.4.2. Product foot print by Players
15.4.3. Channel Foot Print by Players
16. Competition Analysis
16.1. Competition Dashboard
16.2. Pricing Analysis by Competition
16.3. Competition Benchmarking
16.4. Competition Deep Dive
16.4.1. BASF SE
16.4.1.1. Overview
16.4.1.2. Production capacity
16.4.1.3. Grade Portfolio
16.4.1.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.1.5. Sales Footprint
16.4.1.6. Strategy Overview
16.4.1.6.1. Marketing Strategy
16.4.1.6.2. Product Strategy
16.4.1.6.3. Channel Strategy
16.4.2. Eastman Chemical Company
16.4.2.1. Overview
16.4.2.2. Production capacity
16.4.2.3. Grade Portfolio
16.4.2.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.2.5. Sales Footprint
16.4.2.6. Strategy Overview
16.4.2.6.1. Marketing Strategy
16.4.2.6.2. Product Strategy
16.4.2.6.3. Channel Strategy
16.4.3. Celanese Corporation
16.4.3.1. Overview
16.4.3.2. Production capacity
16.4.3.3. Grade Portfolio
16.4.3.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.3.5. Sales Footprint
16.4.3.6. Strategy Overview
16.4.3.6.1. Marketing Strategy
16.4.3.6.2. Product Strategy
16.4.3.6.3. Channel Strategy
16.4.4. Hawkins, Inc.
16.4.4.1. Overview
16.4.4.2. Production capacity
16.4.4.3. Grade Portfolio
16.4.4.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.4.5. Sales Footprint
16.4.4.6. Strategy Overview
16.4.4.6.1. Marketing Strategy
16.4.4.6.2. Product Strategy
16.4.4.6.3. Channel Strategy
16.4.5. Sinopec
16.4.5.1. Overview
16.4.5.2. Production capacity
16.4.5.3. Grade Portfolio
16.4.5.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.5.5. Sales Footprint
16.4.5.6. Strategy Overview
16.4.5.6.1. Marketing Strategy
16.4.5.6.2. Product Strategy
16.4.5.6.3. Channel Strategy
16.4.6. Reliance Industries Ltd.
16.4.6.1. Overview
16.4.6.2. Production capacity
16.4.6.3. Grade Portfolio
16.4.6.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.6.5. Sales Footprint
16.4.6.6. Strategy Overview
16.4.6.6.1. Marketing Strategy
16.4.6.6.2. Product Strategy
16.4.6.6.3. Channel Strategy
16.4.7. Spectrum Chemical Mfg. Corp.
16.4.7.1. Overview
16.4.7.2. Production capacity
16.4.7.3. Grade Portfolio
16.4.7.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.7.5. Sales Footprint
16.4.7.6. Strategy Overview
16.4.7.6.1. Marketing Strategy
16.4.7.6.2. Product Strategy
16.4.7.6.3. Channel Strategy
16.4.8. MP Biomedicals
16.4.8.1. Overview
16.4.8.2. Production capacity
16.4.8.3. Grade Portfolio
16.4.8.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.8.5. Sales Footprint
16.4.8.6. Strategy Overview
16.4.8.6.1. Marketing Strategy
16.4.8.6.2. Product Strategy
16.4.8.6.3. Channel Strategy
16.4.9. KH Chemicals
16.4.9.1. Overview
16.4.9.2. Production capacity
16.4.9.3. Grade Portfolio
16.4.9.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.9.5. Sales Footprint
16.4.9.6. Strategy Overview
16.4.9.6.1. Marketing Strategy
16.4.9.6.2. Product Strategy
16.4.9.6.3. Channel Strategy
16.4.10. Jubilant Life Sciences
16.4.10.1. Overview
16.4.10.2. Production capacity
16.4.10.3. Grade Portfolio
16.4.10.4. Profitability by Market Segments (Grade/Channel/Region)
16.4.10.5. Sales Footprint
16.4.10.6. Strategy Overview
16.4.10.6.1. Marketing Strategy
16.4.10.6.2. Product Strategy
16.4.10.6.3. Channel Strategy
17. Assumptions and Acronyms Used18. Research Methodology
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List of Tables
Table 1: Global Glacial Acetic Acid Market Size (US$ Mn) and Volume (KT) Forecast by Grade, 2014-2029
Table 2: Global Glacial Acetic Acid Market Size (US$ Mn) and Volume (KT) Forecast by Application, 2014-2029
Table 3: Global Glacial Acetic Acid Market Size (US$ Mn) and Volume (KT) Forecast by Region, 2014-2029
Table 4: Global Glacial Acetic Acid Market Size (US$ Mn) and Volume (KT) Forecast by Region, 2014-2029
Table 5: North America Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Country
Table 6: North America Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Grade
Table 7: North America Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Application
Table 8: Latin America Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Country
Table 9: Latin America Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Grade
Table 10: Latin America Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Application
Table 11: Europe Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Country
Table 12: Europe Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Grade
Table 13: Europe Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Application
Table 14: MEA Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Country
Table 15: MEA Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Grade
Table 16: MEA Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Application
Table 17: Asia Pacific Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Country
Table 18: Asia Pacific Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Grade
Table 19: Asia Pacific Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Application
Table 20: India Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Grade
Table 21: India Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Application
Table 22: France Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Grade
Table 23: France Glacial Acetic Acid Market Value (US$ Mn) and Volume (KT) by Application
