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 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 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.
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.
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.
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.
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.
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.
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.
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 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.
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:
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:
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.
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.
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