Acetic Acid Capacity, Production, Market Size, Average Price, and Forecast, 2018–2034

Scope of Report 

The Acetic Acid report describes the global Acetic Acid market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply-Demand Balance 
•  Acetic Acid Market data in terms of volume and value for each end-use at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What is the current global production capacity for Acetic Acid?
The total global Acetic acid capacity has been estimated to be over 20,000 kilo tons in 2024 with Asia Pacific accounting for more than 75% of the total installed capacity, followed by North America, Europe and Middle East & Africa together accounting for remaining share of the global acetic acid capacity.
What is the current market size of the global Acetic Acid market?
The global Acetic Acid market is projected to cross USD 23 billion by 2034, up from the current market size of USD 16.8 billion in 2024, registering a CAGR of 2.8% from 2025 to 2034.
Which regions dominates the global Acetic Acid market?
Global demand for Acetic acid was estimated to be around 17,000 kilo tons in 2024. Asia Pacific and North America together dominate the global Acetic acid market on the back of strong Vinyl Acetate Monomer and Purified Terephthalic Acid consumption in these regions.
Who are the key players in the global Acetic Acid market?
Eastman Chemical Company, Celanese Corporation, LyondellBasell, Celanese Corporation, SIPCHEM, Daicel Corporation, Chang Chun Petrochemicals, Formosa and INEOS, are some of the leading acetic acid manufacturers in the world. Celanese Corporation is one of the largest producer of Acetic acid accounting for more than 15% of the global capacity which translates to around 3,400 kilo tons.
What is the price of Acetic Acid Per Kg?
China is the largest exporter of Acetic Acid in Asia Pacific with exports of over 800 kilo tons in 2023. The average export price of acetic acid in China was USD 420-450 per ton in 2023, a decline of around 50% in comparison to 2021.