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The India acetic acid market is expected to exhibit a CAGR of 5.59% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Acetic acid (CH3COOH) is a colorless organic compound produced both synthetically and by bacterial fermentation. Also known as ethanoic acid or methane carboxylic acid, it is employed in the production of cellulose acetate, vinyl acetates monomer (VAM), metal acetates, and volatile acetates. At present, acetic acid finds extensive application in the textile, chemical, food and beverage (F&B), and paints and coatings industry across India.
The increasing investments from multinational companies in the country are strengthening the growth of the acetic acid market in India. Apart from this, the leading manufacturers are introducing capacity expansions, new plant installations, and facility revamps to expand their overall production, which, in turn, is fueling the market growth. Furthermore, the burgeoning end use industries are escalating the demand for acetic acid in the country. The India acetic acid market is expected to experience growth once lockdown restrictions are uplifted.
IMARC Group provides an analysis of the key trends in each sub-segment of the India acetic acid market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on application and end use industry.
Breakup by Application:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Application, End Use Industry, Region|
|Region Covered||North India, West and Central India, South India, East India|
|Customization Scope||10% Free Customization|
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