Global Acetyls
Market Report
2024
Global Acetyls Market size is USD 28614.32 million in 2024. The expanding food & beverage industry is expected to boost the sales to USD 41901.62415 Million by 2031 with a Compound Annual Growth Rate (CAGR) of 5.60% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Acetyls market size is USD 28614.32 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Acetyls Market Sales Revenue 2024 | $ 28614.3 Million |
Global Acetyls Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.6% |
North America Acetyls Sales Revenue 2024 | $ 11445.7 Million |
North America Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.8% |
United States Acetyls Sales Revenue 2024 | $ 9030.68 Million |
United States Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.6% |
Canada Acetyls Sales Revenue 2024 | $ 1373.49 Million |
Canada Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Mexico Acetyls Sales Revenue 2024 | $ 1041.56 Million |
Mexico Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.3% |
Europe Acetyls Sales Revenue 2024 | $ 8584.3 Million |
Europe Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.1% |
United Kingdom Acetyls Sales Revenue 2024 | $ 1442.16 Million |
United Kingdom Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
France Acetyls Sales Revenue 2024 | $ 789.76 Million |
France Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.3% |
Germany Acetyls Sales Revenue 2024 | $ 1699.69 Million |
Germany Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.3% |
Italy Acetyls Sales Revenue 2024 | $ 738.25 Million |
Italy Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
Russia Acetyls Sales Revenue 2024 | $ 1330.57 Million |
Russia Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.1% |
Spain Acetyls Sales Revenue 2024 | $ 703.91 Million |
Spain Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.2% |
Rest of Europe Acetyls Sales Revenue 2024 | $ 1330.57 Million |
Rest of Europe Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.8% |
Asia Pacific Acetyls Sales Revenue 2024 | $ 6581.29 Million |
Asia Pacific Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.6% |
China Acetyls Sales Revenue 2024 | $ 2961.58 Million |
China Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.1% |
Japan Acetyls Sales Revenue 2024 | $ 908.22 Million |
Japan Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.1% |
Korea Acetyls Sales Revenue 2024 | $ 658.13 Million |
Korea Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
India Acetyls Sales Revenue 2024 | $ 789.76 Million |
India Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.4% |
Australia Acetyls Sales Revenue 2024 | $ 342.23 Million |
Australia Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.3% |
Rest of APAC Acetyls Sales Revenue 2024 | $ 467.27 Million |
Rest of APAC Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.4% |
South America Acetyls Sales Revenue 2024 | $ 1430.72 Million |
South America Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Brazil Acetyls Sales Revenue 2024 | $ 612.35 Million |
Brazil Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.6% |
Argentina Acetyls Sales Revenue 2024 | $ 240.36 Million |
Argentina Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
Colombia Acetyls Sales Revenue 2024 | $ 127.33 Million |
Colombia Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.8% |
Peru Acetyls Sales Revenue 2024 | $ 117.32 Million |
Peru Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
Chile Acetyls Sales Revenue 2024 | $ 103.01 Million |
Chile Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
Rest of South America Acetyls Sales Revenue 2024 | $ 230.35 Million |
Rest of South America Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.1% |
Middle East and Africa Acetyls Sales Revenue 2024 | $ 572.29 Million |
Middle East and Africa Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
Turkey Acetyls Sales Revenue 2024 | $ 49.22 Million |
Turkey Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.8% |
Nigeria Acetyls Sales Revenue 2024 | $ 60.09 Million |
Nigeria Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Egypt Acetyls Sales Revenue 2024 | $ 60.09 Million |
Egypt Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.6% |
South Africa Acetyls Sales Revenue 2024 | $ 90.42 Million |
South Africa Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.3% |
GCC Countries Acetyls Sales Revenue 2024 | $ 244.94 Million |
GCC Countries Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.1% |
Rest of MEA Acetyls Sales Revenue 2024 | $ 67.53 Million |
Rest of MEA Acetyls Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.3% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Product Type |
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Market Split by Form |
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Market Split by End-use Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Acetyls industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Acetyls Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The acetyls market encompasses a variety of chemical substances derived from acetic acid, which includes acetate esters, acetic anhydride, and vinyl acetate monomer. These materials discover giant programs across various industries. Acetate esters are broadly used as solvents in coatings, adhesives, and pharmaceuticals, while acetic anhydride serves as a key intermediate in the production of cellulose acetate and prescription drugs. Vinyl acetate monomer is vital in the manufacture of polyvinyl acetate (PVA) and different polymers utilized in adhesives, paints, and textiles. Business calls for technological advancements and uncooked fabric availability stimulate the market's dynamics. Growth drivers encompass expanding applications in meal components, prescribed drugs, and creation substances, along with challenges such as raw cloth rate volatility and regulatory pressures.
?The acetyls marketplace is pivotal in the expanding food and beverage industry, extensively through its use of acetic acid, an accepted acetyl derivative discovered in vinegar. Acetic acid serves twin roles as both a food additive and preservative, improving taste profiles and lengthening shelf life. With a rising demand for processed and packaged ingredients globally, the Acetyls region is experiencing a huge boom. This fashion is driven with the aid of consumers' desire for handy, longer-lasting meal options and the enterprise's want for effective preservative solutions. As a result, acetyls, specifically acetic acid, stay imperative components in ensuring food protection, pleasantness, and marketability in the modern-day dynamic meals industry panorama.
Acetylation, related to the addition of acetyl agencies, plays a vital function in advancing prescribed drugs by means of enhancing drug homes. This process enhances drug shipping mechanisms, permitting centered motion within the frame and enhancing healing efficacy. As the pharmaceutical enterprise expands globally, the call for acetyls grows correspondingly. Acetylation enhances drug solubility, balance, and bioavailability, which is critical for growing extra-powerful medicines. Pharmaceutical companies more and more depend upon acetyls to innovate and optimize drug formulations, meeting stringent regulatory requirements and patient needs. The application of acetylation in pharmaceuticals underscores its pivotal role in shaping present day scientific remedies, riding chronic improvements in drug improvement and therapeutic outcomes.
The manufacturing of acetyls hinges on essential raw substances such as acetic acid and ethanol. The fees of these inputs are issue to volatility, at once influencing the overall cost of acetyl production. Fluctuations in uncooked material costs pose massive challenges for market members, impacting profitability and operational making plans inside the acetyls area. Sudden increases in raw fabric charges can increase manufacturing expenses, doubtlessly squeezing margins and prompting modifications in pricing strategies. Conversely, periods of decreased uncooked fabric fees can offer price benefits and competitive opportunities. Effective threat control and delivery chain strategies are critical for mitigating the impact of risky raw fabric prices, making sure of balance and sustainability inside the acetyls market amid fluctuating monetary situations.
The acetyls marketplace experienced numerous impacts from the COVID-19 pandemic. Initially, disruptions in global supply chains and decreased industrial activities brought about decreased demand for acetyls in sectors such as car, construction, and manufacturing. However, the food and pharmaceutical industries, which closely depend upon acetyls, saw sustained or accelerated calls for, driven by means of heightened intake of packaged foods and pharmaceutical products. As economies adapted to pandemic situations, recovery in construction and automobile sectors progressively boosted the call for acetyls used in coatings, adhesives, and other applications. Manufacturers navigated demanding situations along with staff disruptions and fluctuating uncooked fabric prices. Overall, the acetyls marketplace confirmed resilience, with shifts in call for patterns and strategic adaptations assisting in mitigating the pandemic's instant influences and fostering healing in key sectors.
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The competitive landscape of the Acetyls market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Acetyls companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
Top Companies Market Share in Acetyls Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America's acetyls marketplace is experiencing a boom driven by increasing applications in prescribed drugs, food components, and creation substances. The place benefits from technological improvements and robust business infrastructure, fostering demand for acetate esters, acetic anhydride, and vinyl acetate monomer. Key elements include sturdy financial conditions, increasing customer demand for packaged ingredients, and ongoing innovation in pharmaceutical formulations.
Europe stands out as the fastest-growing region in the Acetyls market due to several compelling reasons. ? Europe's acetyls marketplace is expanding with increasing calls for prescription drugs, food components, and commercial applications. The area's stringent regulatory requirements and emphasis on sustainable practices force innovation and market increase. Key factors consist of advanced production abilities, research and development investments, and growing customer cognizance of best and protection in merchandise utilizing acetate esters, acetic anhydride, and related compounds.
The current report Scope analyzes Acetyls Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Acetyls market size was estimated at USD 28614.32 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 11445.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.
According to Cognitive Market Research, the global Acetyls market size was estimated at USD 28614.32 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 8584.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.
According to Cognitive Market Research, the global Acetyls market size was estimated at USD 28614.32 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 6581.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031
According to Cognitive Market Research, the global Acetyls market size was estimated at USD 28614.32 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 1430.72 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
According to Cognitive Market Research, the global Acetyls market size was estimated at USD 28614.32 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 572.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031
Global Acetyls Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Acetyls Industry growth. Acetyls market has been segmented with the help of its Product Type, Form End-use Industry, and others. Acetyls market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Acetic Acid stands out as the dominating category. Acetic acid is an essential driver of the acetyls market, serving as a key uncooked fabric for producing acetate esters, acetic anhydride, and different derivatives. It unearths significant use in industries consisting of meals and beverages, pharmaceuticals, textiles, and adhesives. The growing call for for those products, pushed by way of their versatile packages and commercial boom, propels the growth of the acetic acid-based totally acetyls market globally.
Acetic Anhydride emerges as the fastest-growing category in the Acetyls market. Acetic anhydride performs a pivotal role in the acetyls market as a versatile chemical intermediate. It is critical for producing acetate esters used in prescription drugs, cellulose acetate fibers, and various industrial applications. The increasing demand for these merchandise, pushed via their diverse makes use of in coatings, adhesives, and textiles, contributes significantly to the growth and enlargement of the acetic anhydride segment in the acetyls market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Acetyls Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominating category is Liquid. The liquid segment within the acetyls market is increasing due to its diverse applications across industries. Liquid types of acetyl derivatives like acetate esters and acetic acid are essential in pharmaceutical formulations, food additives, and business approaches. Their versatility in solvents, coatings, and different applications drives demand growth, supported via technological advancements and increasing client alternatives for efficient and sustainable chemical answers.
The fastest-growing category in the Acetyls market is Powder. The powder phase within the acetyls marketplace is witnessing an increase owing to its huge-ranging programs and comfort in numerous industries. Powdered kinds of acetyl derivatives, which include cellulose acetate and powdered acetic acid, have discovered use in prescription drugs, meal components, and commercial coatings. This boom is fueled by using their performance, ease of managing, and suitability for various manufacturing approaches and applications.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Acetyls market report 2024 Edition by contacting our team.
According to Cognitive Market Research, the dominating category is Food & Beverages. The meals and beverage region is a sizeable increase motive force for the acetyls market, in particular through using acetic acid and acetate esters. Acetic acid, normally observed in vinegar, serves as a meal additive and preservative. The growing call for processed and packaged foods globally amplifies the market's growth, pushed by way of client choices for convenience and longer shelf-life products.
The fastest-growing category in the Acetyls market is Oil & Gas. The oil and gasoline industry contributes to the acetyls marketplace boom through the use of acetic acid and acetate esters in various applications. These chemical substances are important in oil drilling fluids, manufacturing chemicals, and pipeline coatings. As the oil and gasoline region expands globally, the call for acetyls increases, pushed via their important roles in enhancing operational efficiency and making sure of infrastructure durability.
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Disclaimer:
Product Type | Acetic Acid, Acetic Anhydride, Vinyl Acetate, Formaldehyde, Ethylene Acetate, Others |
Form | Liquid, Powder |
End-use Industry | Food & Beverages, Oil & Gas, Pharmaceutical, Paints, Inks & Waxes & Coatings, Furniture, Others |
List of Competitors | LyondellBasell Industries Holdings B.V., Dow Chemical Company, Daicel Corporation, Eastman Chemical Company, Wacker Chemie AG, Celanese Corporation, BP plc, The global Acetyls market |
This chapter will help you gain GLOBAL Market Analysis of Acetyls. Further deep in this chapter, you will be able to review Global Acetyls Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Acetyls Market Trends North America Acetyls Technological Road Map North America Acetyls Market Drivers North America Acetyls Market Restraints North America Acetyls Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
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Chapter 11 Market Split by Form Analysis 2019 -2031
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Chapter 12 Market Split by End-use Industry Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Acetyls market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Acetic Acid have a significant impact on Acetyls market? |
What are the key factors affecting the Acetic Acid and Acetic Anhydride of Acetyls Market? |
What is the CAGR/Growth Rate of Liquid during the forecast period? |
By type, which segment accounted for largest share of the global Acetyls Market? |
Which region is expected to dominate the global Acetyls Market within the forecast period? |
Segmentation Level Customization |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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