Global Glacial Acetic Acid Report Thumbnail

Global Glacial Acetic Acid Market by Type (Solid, Liquid), By Application (Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Medical Use, Foods) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-5200
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 58
  • No. Of Pages: 207
  • Format:
  • Pub. Date: 2021-03-01
  • Share:

The Global Glacial Acetic Acid Market size is projected to grow at a CAGR of 5.3% during the forecast period. The market was valued at USD 2 billion in 2016 and will reach USD X billion by 2028, growing at a compounded annual growth rate (CAGR) of 5.3%. The North American region dominated the global glacial acetic acid market with more than 36% share in 2016 owing to increased demand for medical use, vinyl acetate monomer production, and ester production applications.



Glacial acetic acid is a colorless liquid that has an intensely pungent odor. It dissolves in water to produce acetate salts, which can be used as chemical intermediates or specialty solvents for cleaning purposes. Glacial acetic acid is highly corrosive and inflammable. Glacial acetic acid is more viscous than water with a typical value of about 18 centipoises (18 mPa·s). It has an acrid, sharp odor. Glacial acetic acid can be concentrated up to 98% by weight and safely stored at room temperature under normal pressure in closed containers.



On the basis of Type, the global glacial acetic acid market is segmented into Solid and Liquid.



Solid:

Solid glacial acetic acid is a colorless, odorless, and syrupy crystal that is used in various industrial applications. It has a freezing point of 16.65 degrees Fahrenheit and a boiling point of 118.62 degrees Fahrenheit. The product is soluble in water and ethanol. Solid glacial acetic acid can be produced through the fermentation of sugar, molasses, and starch. It is also produced as a by-product of acetic anhydride production.



Liquid:

Liquid acetic acid is a clear, colorless liquid with a distinctive sour taste and strong odor. It dissolves fat and grease but not water. Liquid glacial acetic acid is used in industry as an organic solvent for fats, resins, shellac (lac), waxes, dyes on cellulose materials such as cotton, and for the manufacture of acetate fibers. It is also used as a chemical intermediate in formulations for many products, including pharmaceuticals. Liquid acid finds application in food industries because it inhibits the growth of microorganisms that cause spoilage or disease in humans by destroying essential enzymes required to maintain normal metabolic functions.



On the basis of Application, the global glacial acetic acid market is segmented into Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Medical Use, and Foods.



Vinyl Acetate Monomer:

The application of glacial acetic acid in Vinyl Acetate Monomer is to increase the production rate and improve the quality of the product. It also helps in reducing the cost of production. Glacial acetic acid is a colorless liquid with a pungent odor. It is used as a chemical intermediate in the manufacture of vinyl acetate monomer, ester production, acetic anhydride, solvent, and foods. It is also used in the production of pharmaceuticals and other fine chemicals.



Ester Production:

Glacial acetic acid is a colorless, corrosive liquid with a pungent odor. It is the main component of vinegar and has numerous industrial uses. One such use is in the production of esters. Esters are organic compounds that are formed by the reaction of alcohol and an acid. Glacial acetic acid can be used to produce a variety of esters, including ethyl acetate, butyl acetate, and isopropyl acetate. These esters are used in a variety of applications, including as solvents and flavorings.



Acetic Anhydride:

Glacial acetic acid is used in the production of Acetic Anhydride. It reacts with chloroacetic acids to produce an acetyl chloride which further reacts with water and ethylene oxide to form a final product called Acetic Anhydride. This process involves distillation, hydrolysis, and extraction steps before getting a finished product. It is a colorless, oily liquid with a pungent odor. It finds application in the production of pharmaceuticals, dyes, and flavoring agents. Glacial acetic acid is also used as a solvent for some industrial processes.



Solvent:

Glacial acetic acid is used as a solvent in the manufacture of industrial and household chemicals, such as synthetic fibers, plastics, paints, detergents, pharmaceuticals, and perfumes. It is also used to produce photographic film and paper. Glacial acetic acid can dissolve both polar and nonpolar substances. In addition, it is used to remove carbon dioxide and water from the air in closed-loop systems.



Foods:

Glacial acetic acid is used in a lot of food products, such as pickles. It’s also known to enhance the flavor and tartness of fruits and vegetables when added during processing or before packaging. As an ingredient, glacial acetic acid can be found in salad dressings, marinades, jams/jellies, syrups, and fruit spreads. It can also be used as a preservative in some foods. Additionally, glacial acetic acid is sometimes used as a food additive to change the color or flavor of a product. For example, it can be added to give certain dishes a sour taste.



Medical Use:

Glacial acetic acid is used in the medical industry as a disinfectant and as an ingredient in wound dressings. It can also be used to treat warts, corns, and calluses. Glacial acetic acid is effective at killing bacteria and other microorganisms. When it is applied to a wound, it helps to remove dead tissue. This allows new tissue to grow more quickly on the wound bed, which speeds up healing time. Glacial acetic acid is also used as an antiseptic in some countries, such as Thailand and Japan.



On the basis of Region, the global glacial acetic acid market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region is estimated to dominate the global glacial acetic acid market in 2021 and is projected to continue its dominance throughout the forecast period. Along with this, Europe is also expected to show considerable growth in the global glacial acetic acid market during (2021-2028). Asia Pacific region is estimated to be fast-growing due to increasing population and rising demand for organic food products among other factors which are anticipated to drive the regional market. The glacial acetic acid market in Latin America and Middle East & Africa is projected to grow at a moderate rate during the forecast period.



Growth Factors For The Global Glacial Acetic Acid Market:

The growth factors for the global glacial acetic acid market include the growing demand from end-use industries, increasing production of esters and vinyl acetate monomers, and rising application in medical use. The growing demand from end-use industries is mainly due to the increasing population and rising income levels in developing countries. The increasing production of esters and vinyl acetate monomers is owing to the expanding applications in various end-use industries. Moreover, the glacial acetic acid market is witnessing growth due to the increasing application in medical use, especially in the treatment of dandruff.



Up Market Research published a new report titled “Glacial Acetic Acid Market research report which is segmented by Types (Solid, Liquid), By Applications (Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Medical Use, Foods), By Players/Companies Celanese, Daicel, DowDuPont, Eastman Chemical, GNFC, HELM, LyondellBasell Industries, Mitsubishi Chemical, PetroChina, SABIC, Showa Denko K.K., Sinopec, Svensk Etanolkemi, Wacker Chemie, Henan CXH Purity Industrial And Trading, Qingdao Huatuo Chemicals”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Glacial Acetic Acid Market Research Report
By Type Solid, Liquid
By Application Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Medical Use, Foods
By Companies Celanese, Daicel, DowDuPont, Eastman Chemical, GNFC, HELM, LyondellBasell Industries, Mitsubishi Chemical, PetroChina, SABIC, Showa Denko K.K., Sinopec, Svensk Etanolkemi, Wacker Chemie, Henan CXH Purity Industrial And Trading, Qingdao Huatuo Chemicals
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 207
Number of Tables & Figures 145
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Glacial Acetic Acid Industry Outlook
 

Global Glacial Acetic Acid Market Report Segments:

The market is segmented by Type Solid, Liquid and By Application Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Medical Use, Foods.

 

Some of the companies that are profiled in this report are:

  1. Celanese
  2. Daicel
  3. DowDuPont
  4. Eastman Chemical
  5. GNFC
  6. HELM
  7. LyondellBasell Industries
  8. Mitsubishi Chemical
  9. PetroChina
  10. SABIC
  11. Showa Denko K.K.
  12. Sinopec
  13. Svensk Etanolkemi
  14. Wacker Chemie
  15. Henan CXH Purity Industrial And Trading
  16. Qingdao Huatuo Chemicals
 

Glacial Acetic Acid Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Glacial Acetic Acid Market
 

Overview of the regional outlook of the Glacial Acetic Acid Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Glacial Acetic Acid Market Overview
 

Highlights of The Glacial Acetic Acid Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Glacial Acetic Acid Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Solid

                2. Liquid

       7. By Application:

                1. Vinyl Acetate Monomer

                2. Ester Production

                3. Acetic Anhydride

                4. Solvent

                5. Medical Use

                6. Foods

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Glacial Acetic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Glacial Acetic Acid Market Statistics
 

Reasons to Purchase the Glacial Acetic Acid Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glacial Acetic Acid Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Glacial Acetic Acid Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Glacial Acetic Acid Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Glacial Acetic Acid Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Glacial Acetic Acid Market Size & Forecast, 2018-2028 
      4.5.1 Glacial Acetic Acid Market Size and Y-o-Y Growth 
      4.5.2 Glacial Acetic Acid Market Absolute $ Opportunity 


Chapter 5 Global Glacial Acetic Acid Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Glacial Acetic Acid Market Size Forecast by Type
      5.2.1 Solid
      5.2.2 Liquid
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Glacial Acetic Acid Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Glacial Acetic Acid Market Size Forecast by Applications
      6.2.1 Vinyl Acetate Monomer
      6.2.2 Ester Production
      6.2.3 Acetic Anhydride
      6.2.4 Solvent
      6.2.5 Medical Use
      6.2.6 Foods
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Glacial Acetic Acid Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Glacial Acetic Acid Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Glacial Acetic Acid Analysis and Forecast
   9.1 Introduction
   9.2 North America Glacial Acetic Acid Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Glacial Acetic Acid Market Size Forecast by Type
      9.6.1 Solid
      9.6.2 Liquid
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Glacial Acetic Acid Market Size Forecast by Applications
      9.10.1 Vinyl Acetate Monomer
      9.10.2 Ester Production
      9.10.3 Acetic Anhydride
      9.10.4 Solvent
      9.10.5 Medical Use
      9.10.6 Foods
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Glacial Acetic Acid Analysis and Forecast
   10.1 Introduction
   10.2 Europe Glacial Acetic Acid Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Glacial Acetic Acid Market Size Forecast by Type
      10.6.1 Solid
      10.6.2 Liquid
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Glacial Acetic Acid Market Size Forecast by Applications
      10.10.1 Vinyl Acetate Monomer
      10.10.2 Ester Production
      10.10.3 Acetic Anhydride
      10.10.4 Solvent
      10.10.5 Medical Use
      10.10.6 Foods
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Glacial Acetic Acid Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Glacial Acetic Acid Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Glacial Acetic Acid Market Size Forecast by Type
      11.6.1 Solid
      11.6.2 Liquid
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Glacial Acetic Acid Market Size Forecast by Applications
      11.10.1 Vinyl Acetate Monomer
      11.10.2 Ester Production
      11.10.3 Acetic Anhydride
      11.10.4 Solvent
      11.10.5 Medical Use
      11.10.6 Foods
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Glacial Acetic Acid Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Glacial Acetic Acid Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Glacial Acetic Acid Market Size Forecast by Type
      12.6.1 Solid
      12.6.2 Liquid
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Glacial Acetic Acid Market Size Forecast by Applications
      12.10.1 Vinyl Acetate Monomer
      12.10.2 Ester Production
      12.10.3 Acetic Anhydride
      12.10.4 Solvent
      12.10.5 Medical Use
      12.10.6 Foods
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Glacial Acetic Acid Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Glacial Acetic Acid Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Glacial Acetic Acid Market Size Forecast by Type
      13.6.1 Solid
      13.6.2 Liquid
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Glacial Acetic Acid Market Size Forecast by Applications
      13.10.1 Vinyl Acetate Monomer
      13.10.2 Ester Production
      13.10.3 Acetic Anhydride
      13.10.4 Solvent
      13.10.5 Medical Use
      13.10.6 Foods
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Glacial Acetic Acid Market: Competitive Dashboard
   14.2 Global Glacial Acetic Acid Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Celanese
      14.3.2 Daicel
      14.3.3 DowDuPont
      14.3.4 Eastman Chemical
      14.3.5 GNFC
      14.3.6 HELM
      14.3.7 LyondellBasell Industries
      14.3.8 Mitsubishi Chemical
      14.3.9 PetroChina
      14.3.10 SABIC
      14.3.11 Showa Denko K.K.
      14.3.12 Sinopec
      14.3.13 Svensk Etanolkemi
      14.3.14 Wacker Chemie
      14.3.15 Henan CXH Purity Industrial And Trading
      14.3.16 Qingdao Huatuo Chemicals
Segments Covered in the Report
The global Glacial Acetic Acid market has been segmented based on

By Types
  • Solid
  • Liquid
By Applications
  • Vinyl Acetate Monomer
  • Ester Production
  • Acetic Anhydride
  • Solvent
  • Medical Use
  • Foods
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Celanese
  • Daicel
  • DowDuPont
  • Eastman Chemical
  • GNFC
  • HELM
  • LyondellBasell Industries
  • Mitsubishi Chemical
  • PetroChina
  • SABIC
  • Showa Denko K.K.
  • Sinopec
  • Svensk Etanolkemi
  • Wacker Chemie
  • Henan CXH Purity Industrial And Trading
  • Qingdao Huatuo Chemicals

Buy Report