India Acetic Acid Market Growth, Revenue, Size and Trend Analysis By 2027 | VAM, PTA, Anhydride, Ethyl and Butyl Acetate

According to IMARC Group’s latest report, titled “India Acetic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the India acetic acid market growth rate is expected to exhibit a CAGR of 5.59% during 2022-2027.  Looking forward, IMARC Group expects the India acetic acid market to continue its robust growth during the forecast period (2022-2027).

Acetic acid (CH3COOH), also called ethanoic acid or methane carboxylic acid, refers to a colorless organic compound that has a strong, sour, and pungent smell. It is widely utilized to produce metal acetates, purified terephthalic acid (PTA), vinyl acetate monomer (VAM), cellulose acetate, ethyl and butyl acetates, etc. In line with this, acetic acid also finds extensive applications as a cleaning agent in households and as an intermediary in the manufacturing of coatings, sealants, greases, etc., across several industries, such as consumer electronics, automotive, textile, packaging, etc.

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India Acetic Acid Market Growth And Trends Analysis:

The rising usage of acetic acid compound as an acidity regulator and condiment in the food and beverage (F&B) industry is primarily driving the market in India. Additionally, it is gaining extensive traction in the pharmaceuticals sector to produce specialty chemicals and active pharmaceutical ingredients (APIs), which is further catalyzing the market growth. Besides this, the escalating demand for acetic acid in the manufacturing of greases, coatings, polyesters, sealants, etc., is acting as another significant growth-inducing factor. Moreover, the growing investments by key market players in capacity expansions, new plant installations, and facility revamps to increase their production are augmenting the market growth across the country. Apart from this, the widespread adoption of acetic acid in vinegar and extensive R&D activities are also bolstering the market growth. Furthermore, leading manufacturers are focusing on technological advancements to reduce energy consumption, lower overall operating costs, ensure efficiency, etc., which is anticipated to fuel the India acetic acid market over the forecasted period.

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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Acetic Acid Market Segmentation:

The report has categorized the market based on application and end use industry.

Breakup by Application:

  • VAM
  • PTA
  • Anhydride
  • Ethyl Acetate
  • Butyl Acetate
  • Others

Breakup by End Use Industry:

  • Plastics & Polymers
  • Food & Beverage
  • Inks, Paints & Coatings
  • Chemicals
  • Pharmaceuticals
  • Others

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

Europe Acetic Acid Market Report

Asia Pacific Acetic Acid Market Report

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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