Increasing demand from the textile industry for the production of synthetic fibers is a major driver for market growth. Celanese’s plan to expand its acetic acid plant in Texas by 800,000 tonnes/year and its addition late last year of 150,000 tonnes/year of new VAM capacity mark the first new significant US acetyls Jun 1, 2024 · The "Acetic Acid Market" reached a valuation of USD xx. In 2023, the market's Jun 3, 2024 · Published Jun 3, 2024. High-Purity Acetic Acid Market was valued at USD 8,826. This process accounts for about 75% of commercial production. IUPAC Standard InChI: InChI=1S/C2H4O2/c1-2 (3)4/h1H3, (H,3,4) Copy Sheet of paper on top of another sheet. The price is 2% higher than the average price in the previous month and 37% lower than the average price one year before. 5 million in 2023 and is expected to reach USD 26269. North America industry is projected to hold the largest revenue share by 2033, owing to the increasing use of paints and coatings as of the growth in construction sector along with rising disposable income of the population in the region. 8. Production of acetic May 15, 2020 · Acetic acid is a commodity chemical with the global demand of approximately 15 million tons per year with several applications in the chemical and food industry. Reports Description. The COVID-19 pandemic negatively impacted the market in 2020, owing to Bio-Acetic Acid Market Overview. 1. In addition to this, it is used as a pH Oct 14, 2022 · Acetic acid is corrosive to skin and eyes. The global acetaldehyde market size was estimated at USD 2. Acetic acid (CH 3 COOH) is a colorless liquid with a distinctive pungent odor. Chemical structure: This structure is also available as a 2d This document describes a process for producing 30 tons per day of acetic acid from acetaldehyde. 27, corresponding with production rates reduced by 28. 2% during 2021-2026. The company focuses on expansion activities and agreements & collaborations to obtain wide presence and to enhance its product portfolio. The market was valued at USD 13251. Acetic acid is a clear, colorless, organic liquid that, when undiluted, is also called glacial acetic acid. Approximately 75% of the acetic acid is produced Sep 21, 2020 · Download full-text PDF Read full-text. [Online]. The process involves pre-heating the acetaldehyde feed to 65°C before feeding it to a conversion reactor where 75% of the acetaldehyde is converted to acetic acid. Feb 15, 2024 · Acetic Acid - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) - The Acetic Acid Market size is estimated at 18. The usage of glacial acetic acid as an intermediate or as a solvent in the chemical industry was badly The global acetic acid market is expected to grow with a CAGR of 4%-6% from 2020 to 2025. This growth trajectory is . A famous physician Hippocrates II (c. Acetic acid is one of the most largely commercially available types of organic acid. x Billion by 2031, with a compound annual growth rate (CAGR) of xx. 92 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6. 5 billion in 2020 and is expected to reach a value of $14. 48 million tons by the end of this year and is projected to reach 2. energy- intensive The prices for acetic acid in India were around USD 499 per ton. 42 Billion in 2022 and grew at a CAGR of 8. Pune, India, Feb. 23 billion in 2023. The major factors driving the growth of the market studied are the rising crude oil prices, increasing demand for Vinyl Acetate Monomer (VAM) market, and stringent government regulations. Additionally, the prices in China were USD 459/ton for acetic acid in the fourth quarter of 2023. On the flip side, the scarcity & social constraints for raw Apr 8, 2024 · The Japan acetic acid market size is projected to exhibit a growth rate (CAGR) of 4. Worldwide, the commonest use of acetic acid has been as vinegar. Acetic acid is the main component of vinegar and is primarily used to produce polyvinyl acetate and cellulose acetate. 55 Billion. It acts as a chemical reagent in the preparation of vinyl acetate monomers (VAMs), acetic anhydride and esters. Compared with CK (SA 22. 8% from 2023 to Market Highlights. Acetic acid (CH 3 COOH), also known as ethanoic acid, is the most used organic acid and one of the most commercially significant VFAs []. 16%. P eter Raspor and Du ˇ san Goranovi ˇ c. 97% during the forecast period until 2032. X Acetic acid is primarily produced through methanol carbonylation, where methanol and carbon monoxide are reacted over a catalyst. 08 billion by 2028, at a CAGR of 4. In 2014, the global acetic acid market was 12 million tons and is expected to reach 16 million Rest of the world includes countries from Latin America, Middle East and Africa, which together accounted for approximately 6% of the total demand for acetic acid in 2011. According to a new report by Expert Market Research, the global acetic acid market reached a volume of 17. Acetic acid has an OSHA permissible exposure limit (PEL) of 10 parts per million (ppm) over an 8-hour work shift. The market conditions are favorable, driven by May 20, 2024 · Acetic Acid Market Size, Share & COVID-19 Impact Analysis, By Application (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ester Solvents, Acetic Anhydride, Others), and Regional Forecast, 2021-2028 The "Global Acetic Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. In contrast, the prices of Acetic Acid (Europe) increased modestly during April 2019, reaching 468 USD per Market information about Acetic acid. Acetic Acid Market Size, 2022 To 2030 (USD Billion) This study focuses on China’s Glacial Acetic Acid (HAC) industry assessments and company profiles. com http://marketpublishers. 5 million by 2026, after growing at a CAGR of 5. High Purity Acetic Acid Market Overview. 05) to 5. Acetic acid is a colorless compound with a strong pungent smell and is commonly used as a reagent to manufacture chemicals such as vinyl acetate monomer, acetate esters, purified terephthalic acid, acetic Anhydride, and more. 31 billion by 2018, growing at a CAGR of 9. °C. x Billion by 2031, demonstrating a compound annual growth rate (CAGR) of xx. ICIS quotes acetic acid prices in Europe, Asia-Pacific and the US Gulf. , Ultra Chemical Works, Akchem Eastman Chemical Company) And By Region: - Global and Regional Industry Overview Sep 20, 2019 · Acetic acid in the US is headed towards a record 2019, with new capacity possibly coming online, and export prices headed toward a multi-year low. x Billion in 2023, with projections to achieve USD xx. Your search for prospective partners and suppliers will be largely facilitated. At a fixed total pressure of 8 MPa, the ratio of The acetic acid content of vinegar can vary widely, but for table vinegar it typically ranges from 4 to 8 % v/v. Industrial Gases. Abstract. 8 billion in 2022, growing at a CAGR of 4. 01% from 2022 to 2028 Global Market Research Company – Facts and Factors Provide Customized and off-the-shelf market research reports with in-depth industry analysis. 93 billion in 2011 and is expected to reach USD 10. 05% during 2024-2032. Request Sample PDF. 10 billion in 2022. 2 billion by 2032 from USD 21. In 2016, the global market was led by acetic acid, followed by citric acid. 01, 2022 (GLOBE NEWSWIRE) -- According to Fortune Business Insights™ The global acetic acid market size was USD 6. txt) or read online for free. 23 and 5. 2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027. Find supply, demand, manufacturing processes, price and trade information for individual chemicals or these major chemical groups: Inorganics. 4 billion in 2022, with a forecasted CAGR of 5. Mainland China dominates production because of its vast coal-derived methanol production, which is the primary raw material for Acetic acid is the second simplest carboxylic acid (after formic acid ). Acetic acid The global acetic acid market size was reached at USD 19. Acetic acid (64-19-7) is one of the simplest carboxylic acids, a clear colorless liquid that has a pungent odor. The Acetic Acid Market Size was valued at USD 21. The global Acetic Acid market has swelled to reach demand of approximately 14 million tonnes in 2022 and is expected to grow at a CAGR of 3. The quarter started with a decline in acetic acid prices. 3% over the forecast period from Oct 18, 2023 · According to Marketresearch. Acetic acid is a commodity chemical produced primarily by the carbonylation of methanol. Acetic acid. kind of innovation and acetic acid can be an efficient solution. Global acetic acid market was valued at USD 5. 5000 BC) when unattended grape juice turned in wine. 9% during the forecast period. Vinegar is about 4-6% acetic acid in water. Rising adoption of acetic acid in manufacturing various specialty chemicals is a key factor driving market revenue growth. At fixed ratio of CO2 and H2 (1:1), the yield of acetic acid increased markedly as the total pressure was raised from 2 to 10 MPa (Entries 1–5). With a share of about 5. 13 g/L, AC 7. Types of acids that can be used as a precipitate include lemon juice, citric acid, tartaric acid, and acetic acid. co/3FW7 Bio-Acetic Acid market is segmented by region, by country, company, type, application and by sales channels. 4% during the 2021 May 7, 2024 · Published May 7, 2024. Acetic acid, traditionally known as ‘vinegar’ is widely used as a food preservative, first discovered (c. The Occupational Safety and Health Administration (OSHA) has set standards for exposure to acetic acid. Asia Pacific industry is projected to be the largest with a share of about 33% by the end of 2036, backed by the growing production of medicines and other pharmaceutical products in the region. In addition, 5% acetic acid applied at 187 L/ha provided good cutleaf evening primrose control (77% to 90%). biz, the Acetic Acid Market is projected to reach approximately USD 19. 4% from 2023 to 2030. US, New Jersey- Our recent report forecasts that the Industrial Acetic Acid Market size is projected to reach approximately USD XX. Acetic acid is a byproduct of fermentation, and gives vinegar its characteristic odor. 01 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5. com Phone: +44 20 8123 2220 http Acetic Acid Market By Derivatives(Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Ethyl Acetate, Acetic Anhydride, Other Derivatives); By Application (Plastics and Polymers, Food and Beverage, Adhesives, Paints, and Coatings, Textile, Medical); By End-Use Industry (Food and beverages, Paints and coating, Plastics & Polymers, Pharmaceutical, Chemicals); ; By Region (North America May 20, 2024 · The global methanol market size was valued at USD 31. doc / . Cativa process, Acetaldehyde oxidation and Ethy lene. x% from Feb 21, 2023 · Follow. Acetic acid acid is a colorless liquid with strong and pungent smell, which is also known as ethanoic acid or methanecarboxylic. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. The price of Acetic Acid (Southeast Asia) rose slightly throughout April 2019, reaching 464 USD per metric ton. Methanol is a colorless, light, volatile, and flammable liquid with a characteristic smell similar to ethyl alcohol (ethanol). 28 million tons in 2019 and is projected to reach a volume of around 24. , 2024-2036. e. 5% during the forecast period. In this chapter, we have reviewed the most recent Bio Acetic Acid Market Analysis. The report brings to your attention profound analysis of acetic acid market in Malaysia. Acetic Acid, Global Demand by Volume (Tons), 2000–2020. See full list on reportsanddata. High Purity Acetic acid is one of the most important solvents in the electronic industry. Feb 27, 2023 · The global acetic acid market size is expected to cross USD 11 Billion by the end of 2033, growing at a CAGR of 6% during the forecast period, i. 48 Million tons by 2029, growing at a CAGR of 4. 10%, reaching a value of around USD 36. Jan 28, 2024 · The global Acetic Acid Market has witnessed steady growth in recent years and is expected to grow at a CAGR of 7. 51 million tons by 2025. Jun 1, 2024 · The "Acetic Acid Market" is set to expand significantly, expected to hit USD xx. 88% of the overall market activities recorded between 2010 and 2013, Celanese Corporation was the second most active player in the acetic acid market. To Access our Exclusive Data Intelligence Tool with 15000+ Database, Visit: Precedence Statistics. Copy Sheet of paper on top of another sheet. The North America acetic acid market was valued at USD 2. The pharmaceutical sector is another significant consumer of acetic acid, driving market expansion. The Acetic Acid Market size is estimated at 18. The Bio-Acetic Acid Market is expected to grow at a CAGR of above 4% during the forecast period. 65% during the forecast period (2024-2029). Here is a summary of the Download Sample Pdf. Key Market Insights. This product will be delivered within 5-7 business days. Nonfood products such as glue, plastic, paint, and others [1,2]. Chemical Economics Handbook. X billion by 2031, up from USD XX. Jul 11, 2023 · Market volume of acetic acid worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons) [Graph], AgileIntel Research (ChemIntel360), July 5, 2023. Experts’ opinions and estimations are provided. x % between 2024 and 2031. Phenylacetic acid is derived from the combination of the words “phenyl” and “acetic. Sep 19, 2023 · To download this statistic in PDF format you need a Statista EU-27's market share of global chemical sales 1999 & 2019 Sales value of esters of acetic acid in the United Kingdom between North America Acetic Acid Market Analysis. Introduction The bridge between chemistry and the day-to-day human life is always grow-ing wider and stronger, and acetic acid is one of the perfect examples. Acetic acid is a normal body metabolite in mammals and occurs naturally in a variety of foods. When used for pickling, the acetic acid content can be as high as 12 %. The global acetic acid market size was USD 12. Casein can be precipitated from milk by the addition of acid [3]. They are focusing on the development of next generation technologies with alternate feedstock that enable to differentiate from their competitors providing a competitive edge to the companies. With direct and indirect applications of acetic acid, it has diversified into several chemical Mar 28, 2022 · NEW YORK, March 28, 2022 (GLOBE NEWSWIRE) -- IndexBox has just published a new report: 'World – Acetic Acid - Market Analysis, Forecast, Size, Trends and Insights'. Global demand for acetic acid is expected to grow at a Compound Annual Growth Rate (CAGR) of XX% between 2011 and 2020, to reach XX tons in 2020. The Europe acetic acid market is expected to grow at a CAGR of X% during the forecast period (20XX-20XX). Biotechnological Applications of Acetic Acid Bacteria. The compound is named as such because it consists of a phenyl group attached to an acetic acid molecule. In publication for more than 60 years, the Chemical Economics Handbook (CEH) provides five-year outlooks and extensive market data on more than 300 industrial chemicals. 0520. 87 Billion by 2032. Mainland China accounts for nearly 60% of world capacity, followed distantly by the United States. This entry was posted on December 4, 2023 . However, the citric acid market is projected to grow at higher rate due to the increased demand in the food & feed industry and wide usage of citric acid in various applications. 26 billion in 2023 and is projected to grow from USD 32. 1080/07388550802046749. Global High-Purity Acetic Acid Market is projected to reach USD 12,471. , Zhengzhou Kelai Chemical Co. Download citation. More concentrated solutions can be found in laboratory use, and pure Jun 3, 2024 · The Glacial Acetic Acid market research reports indicate a steady growth trajectory, with an estimated annual growth rate of 10. The market is expected to reach USD 29. The product stream is then distilled to separate out acetaldehyde, oxygen, and acetic acid. Supply disruptions can change acetic acid markets in an instant, while developments in its varied derivative markets raise or squeeze consumption. Historical, present and future volumes and trends are covered. 1 A, the results showed that different sulfates and sulfites had a significant effect on SA and AC production. 33% from 2023 to 2032. 16% during the forecast period. It covers a comprehensive market overview to micro-level Feb 1, 2008 · ISSN: 0738-8551 print / 1549-7801 online. However, in November, the market stabilized with prices fluctuating within a moderate range. 23% during 2024-2032. 85% during the forecast The acetic acid market is highly innovation-centric and the market players are pushing their capabilities to adopt the latest technological trends. The Global Glacial Acetic Acid Market is projected to register more than 3% CAGR during the forecast period (2021-2026). 14, 2023 (GLOBE NEWSWIRE) -- The global acetic acid market is expected to grow from USD 10. IUPAC Standard InChIKey: QTBSBXVTEAMEQO-UHFFFAOYSA-N. Read full-text. Molecular weight: 60. [205+ Pages Report] The global Acetic Acid market size is expected to grow from USD 9. ” “Phenyl” refers to the phenyl group, which is a cyclic six-carbon aromatic ring, and “acetic” refers to acetic acid. Ltd. In 2022, the market size is projected to reach a valuation of USD 20. oxidation where the pro duction and p urification ro utes are. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5. Glacial acetic acid is used to make other major chemicals, as a food additive and in petroleum production. According to data from MarketsandMarkets, the global acetic acid market was valued at around $10. Acetic acids are highly procured to manufacture an array of specialty Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy. This growth is attributed to the extensive product use in the production of various downstream chemicals, including acetic acid, acetic anhydride, ethyl acetate, 1,3-butadiene Acetic Acid: Market Research Report Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office marketpublishers. The Asia-Pacific region will continue to account for more than XX% of global acetic acid demand in 2020. Department of F ood Sep 15, 2023 · The bio-acetic acid market size is estimated to reach USD 400 Million by the end of 2036, growing at a CAGR of 5% during the forecast period, i. Alternative methods include acetaldehyde oxidation, where acetaldehyde produced from butane is oxidized, and ethylene oxidation, where ethylene is directly oxidized to acetic acid. 4% during the forecast period. 5% from 2024 to 2031. 420 BC) used acetic acid to clean the wounds[1]. It is an important chemical reagent and industrial chemical across various fields, used primarily in the production of cellulose acetate for photographic film, polyvinyl acetate for wood glue, and synthetic fibres and fabrics. Mining Materials. Pune, India, Sept. In the two past decades, the industry has been growing at a fast pace. Sep 1, 2022 · Follow. With its multiple applications and growing demand, the Acetic Acid Market is expected to continue to grow at a healthy pace in the coming years. Acetic acid finds applications as a precursor for the production of numerous The pharmaceutical industry is another major user of Acetic Acid, as it is an important component in the manufacture of aspirin and other drugs. The Acetic Acid Market is a thriving and active industry. The Global Acetic Acid Market size is expected to be worth around USD 35. The increasing prevalence of regulatory changes aimed at reducing emissions and promoting The global acetic acid market to reach $13. With a moderate relative static permittivity, it dissolves not only polar The bio-acetic acid market is expected to grow at a CAGR of above 4% during the forecast period. Jan 6, 2022 · 2. Acetic acid market forecast will strengthen your decision-making process. Keywords: acetic acid production, acetification, acidulant 1. Global Bio Acetic Acid Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020 - Free Research Report PDF : https://bityl. 2% from 2023 to 2032. S. The COVID-19 pandemic negatively impacted the market in 2020, owing to several restrictions imposed by governments all around the globe. 5% during the forecast period (2023–2031). Malaysia acetic acid market report key points: data on capacity and production volumes in total and by manufacturer. By 2032, the valuation is anticipated to reach USD 33. 70 billion in 2024 to USD 46. X Billion by 2030. 90 billion in 2020. Download full-text PDF. 9% from 2024 to 2030. 2% from 2024 to 2031. Acetic acid is the most common precipitate used for the separation of milk proteins [4,5]. 25 billion in 2020 to USD 18. It is projected to reach USD 31. 71 Million tons in 2024, and is expected to reach 23. 2 billion in 2021 to USD 11. 86 million tons in the next five years, registering a CAGR of 2. 29 billion in 2021 to USD 10. The North American Acetic Acid Market is estimated to reach 2. 76 billion in 2022 and it is expected to gain around USD 32. We have all data necessary for report preparation but they need to be retrieved from our databases, organized in a report, updated with the latest information and thus Acetic Acid Market Size, Share, Competitive Landscape and Trend Analysis Report by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032. Players, stakeholders, and other participants in the global Bio-Acetic Acid market will Formula: C 2 H 4 O 2. Acetic acid is the main component of vinegar and has a distinctive sour taste and pungent smell. 58%, respectively. Liquid acetic acid is a hydrophilic solvent, similar to ethanol. When you’re making decisions in response to market activity, you expect to have the most up-to-date information on hand. DOI: 10. 06% and 27. The production of acetic acid can be widely categorized into chemical and fermentative routes, with the chemical route being the predominant one in the current industrial practice. 2 billion by 2025, at a CAGR of 5. 8 billion by 2032, up from USD 11. Rising production of vinyl acetate monomer (VAM) as a result of growth in automotive and construction industries of emerging economies including China and India is expected to remain a key driving force. The Global Market Overview of the Industrial Acetic Acid Market offers a Mar 1, 2023 · As shown in Fig. docx), PDF File (. Please note that Germany Acetic Acid Market Outlook 2024 is a half ready publication and contents are subject to changes and additions. The market is projected to grow About Acetic Acid Market - Free download as Word Doc (. It is often used as an acidulant and preservative in food. The North America acetic acid market is expected to exhibit a growth rate (CAGR) of 5. 27 billion by 2028, at a CAGR of 7. As per the current market research conducted by the CMI Team, the global Acetic Acid Market is expected to record a CAGR of 6% from 2023 to 2032. North America Acetic Acid Market Trends. 43 Billion in 2022 and is expected to register a rapid revenue CAGR of 7. The market was negatively impacted by COVID-19 in 2020. It is considered one of the most indispensable Report Overview: IMARC Group’s report titled “Acetic Acid Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue” provides a complete roadmap for setting up an acetic acid manufacturing plant. manufacturers analysis. , 2023-2033. 0 Million in 2020 and is projected to reach USD 12,471. High-purity acetic acid also called glacial acetic acid or anhydrous acetic is extensively used in a range of applications such as paints and coatings, textiles, and food ingredients. Executive Summary Glacial acetic acid Market By Application (ester solvents (ethyl acetate & butyl acetate), acetic anhydride, purified terephthalic acid, and vinyl acetate monomer), By Competitive Players (Celanese Corporation, Qingdao Huatuo Chemicals Co. 76 Billion. 32 billion by 2032, exhibiting a CAGR of 4. Symptoms of exposure to acetic acid vapors at that level can include eye, nose and Global Acetic Acid Market Outlook. The global acetic acid market size attained a value of approximately USD 23. Jul 10, 2018 · 10% acetic acid applied at 935 L/ha or 20% acetic acid applied at 187 or 935 L/ha. 54 billion in 2028 at a CAGR of 5. Sep 14, 2023 · Newark, Sept. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. 3 billion by 2022. The growth is majorly driven by the food and beverage industry, especially in the U. 27 g/L), AC production in the groups of added NaHSO 3 and Na 2 SO 3 significantly decreased (P < 0. 1 Million by the end of 2027, at a CAGR of 5. The demand for acetic acid is increasing among end-user industries, such as plastics, food and beverages, and pharmaceuticals. 65 billion by the end of 2032 with a registered compound annual growth rate (CAGR) of 5. ID: 5025932. pdf), Text File (. 90% during the forecast period from 2022 to 2032. The purpose of this experiment is to determine the acetic acid content of a commercial vinegar by volumetric analysis. The "Industrial Acetic Acid Market" is anticipated to experience robust growth, with projections estimating it will reach USD XX. Simulation results found that the process 5 days ago · The global " Industrial Acetic Acid market " is projected to experience an annual growth rate of 9. China is the world's largest producer, accounting for over 50% of global production capacity in 2017. com Apr 15, 2024 · Discover the factors influencing the acetic acid markets. Ethanoic acid and methane carboxylic acid are other names for acetic acid (CH3COOH), a colorless organic chemical with a pungent, acrid, and sour odor. Construction activities and automotive manufacturing activities were on a temporary halt owing to the pandemic scenario, which had minimized the demand for 1) An overview of the global market for acetic acid and related technologies. 8 million in 2032. The report aims to provide an overview of the acetic acid market with detailed market segmentation by application, and geography. Methodology. 90% between 2024 and 2032. Bio-acetic acid market size is forecast to reach $182. 21, 2023 (GLOBE NEWSWIRE) -- The acetic acid market size is projected to grow from USD 7. 36 billion by 2032. CAS Registry Number: 64-19-7. 94% during the forecast period. Previous versions of this methodology can be found You will boost your company's business/sales activities by getting an insight into acetic acid market. 37 billion by 2031, growing at a CAGR of 4. This is the ICIS pricing methodology for acetic acid. The global acetic acid market was valued at USD 13. 3) Identifications of new market opportunities and targeted promotional plans for acetic acid market. The versatility of acetic acid and the growing use of various Acetic acid is also known as ethanoic acid, ethylic acid, vinegar acid, and methane carboxylic acid; it has the chemical formula of CH3COOH. The major drivers for this market are the increasing use of VAM in multiple industries, consumption of purified terephthalic acid (PTA) in PTE bottles, and growing textile and packaging industry. CONSUMERS OF ACETIC ACID IN GERMANY. This high-purity Acetic Acid Market growth is due to its importance as a building block for the manufacture of multiple chemicals and utilities in Jun 18, 2015 · 90 -95% of acetic acid is produced conventionally through. qu xi mi ja nc fw ld ch xy ge