Global Glacial Acetic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Grade;

Food, Industrial, and Pharmaceutical.

By System;

Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Food Additive, Textile, and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn007173880 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Glacial Acetic Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Glacial Acetic Acid Market was valued at USD 11,253.74 million. The size of this market is expected to increase to USD 16,015.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

Glacial acetic acid, a key organic chemical, is primarily used as a solvent and a reagent in chemical synthesis. Its major applications include the production of acetic anhydride, acetate esters, and vinyl acetate monomer, which are essential in the manufacture of synthetic fibers, plastics, and resins. The market's expansion is driven by increased demand from end-use industries such as textiles, plastics, and food and beverages, where glacial acetic acid plays a critical role in enhancing product performance and quality.

The glacial acetic acid market is influenced by advancements in production technologies and growing emphasis on sustainable practices. Innovations in production methods, such as the use of more efficient catalysts and greener processes, are helping reduce production costs and environmental impact. The rise in global manufacturing activities and the increasing adoption of glacial acetic acid in emerging economies are expected to fuel market growth. The industry is also witnessing a shift towards bio-based acetic acid production, driven by regulatory pressures and consumer demand for environmentally friendly products, contributing to a more sustainable future for the glacial acetic acid market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By System
    3. Market Snapshot, By Region
  4. Global Glacial Acetic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in construction and infrastructure projects
        2. Increasing adoption of green chemistry practices
        3. Expanding end-use applications in textiles
        4. Strong demand for agricultural chemicals
      2. Restraints
        1. Geopolitical risks impacting trade
        2. Market saturation in developed regions
        3. Potential for hazardous handling issues
      3. Opportunities
        1. Increased adoption in healthcare applications
        2. Growth in the food and beverage industry
        3. Expansion of production capacities
        4. Emerging applications in agriculture
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Glacial Acetic Acid Market, By Grade, 2021 - 2031 (USD Million)
      1. Food
      2. Industrial
      3. Pharmaceutical
    2. Global Glacial Acetic Acid Market, By System, 2021 - 2031 (USD Million)
      1. Vinyl Acetate Monomer
      2. Ester Production
      3. Acetic Anhydride
      4. Solvent
      5. Food Additive
      6. Textile
      7. Other Applications
    3. Global Glacial Acetic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. AACL
      2. Akshar Enterprises
      3. Banner Chemicals Limited
      4. Celanese Corporation
  7. Analyst Views
  8. Future Outlook of the Market