Acetic Acid Market - Top Companies and Manufacturers

  • Report ID: 4490
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Companies Dominating the Acetic Acid Landscape

    • BP p.l.c
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • LyondellBasell Industries Holdings B.V.
    • Daicel Corporation
    • Shandong Hualu-Hengsheng Chemical Co., Ltd.
    • Jiangsu SOPO (Group) Co., Ltd.
    • Kingboard Holdings Limited
    • Eastman Chemical Company
    • Lonza
    • Wacker Chemie AG
    • Celanese Corporation

Browse Key Market Insights with Data Illustration:

In the News

  • BP p.l.c. and Lotte together agreed to expand the production capacity of their joint venture BP Lotte Chemical Company Limited in Ulsan of South Korea. This is estimated to double the current 200,000 tons per year of vinyl acetate monomer (VAM) and add 100,000 tons per year of acetic acid capacity.

  • INEOS Capital Limited to build a world-scale acetic plant and related derivatives on the US Gulf Coast.


Author Credits:  Rajrani Baghel


  • Report ID: 4490
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of acetic acid is assessed at USD 9.56 billion.

The acetic acid market size was over USD 9.09 billion in 2024 and is poised to reach USD 20.31 billion by the end of 2037, witnessing around 6.5% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for vinegar, increasing photography and filmmakers will boost the market growth.

North America industry is anticipated to dominate majority revenue share by 2037, owing to increasing use of paints and coatings as of the growth in construction sector along with rising disposable income of the population in the region.

The major players in the market include BP p.l.c, LyondellBasell Industries Holdings B.V., Daicel Corporation, Shandong Hualu-Hengsheng Chemical Co., Ltd., Jiangsu SOPO (Group) Co., Ltd., Kingboard Holdings Limited, Eastman Chemical Company, Lonza, Wacker Chemie AG, Celanese Corporation.
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