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North America Acetic Acid Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The North America acetic acid market is expected to exhibit a CAGR of 6.53% 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 liquid with a distinctive pungent odor. It acts as a chemical reagent in the preparation of vinyl acetate monomers (VAMs), acetic anhydride and esters. In addition to this, it is used as a pH regulator in the textile industry, as a solvent in the pharmaceutical industry and as an acidity regulator in the food industry. It is also widely utilized in the manufacturing of wood glues, pesticides, inks and dyes, and synthetic fibers.

 

 
 

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The acetic acid market in North America has witnessed a steady growth over the past few years. Acetic acid is utilized in the production of vinegar. Since the consumption of vinegar is associated with maintaining blood sugar levels and reducing weight, growing consciousness regarding these benefits, along with the increasing occurrence of obesity and diabetes in the region, is primarily driving the demand for acetic acid. Apart from this, acetic acid is extensively used for the early hydration of off-white Portland cement in North America owing to the prevalence of cold weather conditions in North America. Additionally, a significant rise in construction activities on account of growing population is impelling the demand for paints and coatings which, in turn, is providing a thrust to the market growth.

IMARC Group’s latest report provides a deep insight into the North America acetic acid market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America acetic acid market in any manner.

Key Market Segmentation: 

IMARC Group provides an analysis of the key trends in each sub-segment of the North America acetic acid market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on application and end-use industry.

  • Key Regions Analyzed
    • United States
    • Canada
       
  • Analysis for Each Country
     
  • Market by Application

     

     
     

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    Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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    • VAM
    • PTA
    • Anhydride
    • Ethyl Acetate
    • Butyl Acetate
    • Others
       
  • Market by End-Use Industry
    • Plastics and Polymers
    • Food and Beverages
    • Inks, Paints and Coatings
    • Chemicals
    • Pharmaceuticals
    • Others
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles
       

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units Million Tons
Segment Coverage Application, End-Use Industry, Country
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Properties
    4.3    Key Industry Trends
5   Global Acetic Acid Market
    5.1    Market Performance
    5.2    Market Breakup by Application
    5.3    Market Breakup by End-Use Industry 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6   North America Acetic Acid Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast 
7   North America Acetic Acid Market: Breakup by Application 
    7.1    VAM
    7.2    PTA
    7.3    Anhydride
    7.4    Ethyl Acetate
    7.5    Butyl Acetate
    7.6    Others
8   North America Acetic Acid Market: Breakup by End-Use Industry 
    8.1    Plastics and Polymers
    8.2    Food and Beverages
    8.3    Inks, Paints and Coatings
    8.4    Chemicals
    8.5    Pharmaceuticals
    8.6    Others
9   North America Acetic Acid Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Application
     9.1.3    Market Breakup by End-Use Industry
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Application 
     9.2.3    Market Breakup by End-Use Industry
     9.2.4    Market Forecast
10  SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis 
    11.1    Overview
    11.2    Raw Material Procurement
    11.3    Manufacturing
    11.4    Marketing
    11.5    Distribution
    11.6    Exports
    11.7    End-Use
12  Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13  Price Analysis 
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: North America: Acetic Acid Market: Major Drivers and Challenges
Figure 2: Global: Acetic Acid Market: Sales Volume (in Million Tons), 2016-2021
Figure 3: Global: Acetic Acid Market: Breakup by Application (in %), 2021
Figure 4: Global: Acetic Acid Market: Breakup by End-Use Industry (in %), 2021
Figure 5: Global: Acetic Acid Market: Breakup by Region (in %), 2021
Figure 6: Global: Acetic Acid Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 7: North America: Acetic Acid Market: Sales Volume (in Million Tons), 2016-2021
Figure 8: North America: Acetic Acid Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 9: North America: Acetic Acid Industry: SWOT Analysis
Figure 10: North America: Acetic Acid Industry: Value Chain Analysis
Figure 11: North America: Acetic Acid Industry: Porter’s Five Forces Analysis
Figure 12: North America: Acetic Acid Market: Breakup by Application (in %), 2021
Figure 13: North America: Acetic Acid (VAM) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 14: North America: Acetic Acid (VAM) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 15: North America: Acetic Acid (PTA) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 16: North America: Acetic Acid (PTA) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 17: North America: Acetic Acid (Anhydride) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 18: North America: Acetic Acid (Anhydride) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 19: North America: Acetic Acid (Ethyl Acetate) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 20: North America: Acetic Acid (Ethyl Acetate) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 21: North America: Acetic Acid (Butyl Acetate) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 22: North America: Acetic Acid (Butyl Acetate) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 23: North America: Acetic Acid (Other Applications) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 24: North America: Acetic Acid (Other Applications) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 25: North America: Acetic Acid Market: Breakup by End-Use Industry (in %), 2021
Figure 26: North America: Acetic Acid (Plastics and Polymers) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 27: North America: Acetic Acid (Plastics and Polymers) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 28: North America: Acetic Acid (Food and Beverages) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 29: North America: Acetic Acid (Food and Beverages) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 30: North America: Acetic Acid (Inks, Paints and Coatings) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 31: North America: Acetic Acid (Inks, Paints and Coatings) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 32: North America: Acetic Acid (Chemicals) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 33: North America: Acetic Acid (Chemicals) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 34: North America: Acetic Acid (Pharmaceuticals) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 35: North America: Acetic Acid (Pharmaceuticals) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 36: North America: Acetic Acid (Other End-Use Industries) Market: Sales Volume (in Million Tons), 2016 & 2021
Figure 37: North America: Acetic Acid (Other End-Use Industries) Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 38: North America: Acetic Acid Market: Breakup by Country (in %), 2021
Figure 39: United States: Acetic Acid Market: Sales Volume (in Million Tons), 2016-2021
Figure 40: United States: Acetic Acid Market: Breakup by Application (in %), 2021
Figure 41: United States: Acetic Acid Market: Breakup by End-Use Industry (in %), 2021
Figure 42: United States: Acetic Acid Market Forecast: Sales Volume (in Million Tons), 2022-2027
Figure 43: Canada: Acetic Acid Market: Sales Volume (in Million Tons), 2016-2021
Figure 44: Canada: Acetic Acid Market: Breakup by Application (in %), 2021
Figure 45: Canada: Acetic Acid Market: Breakup by End-Use Industry (in %), 2021
Figure 46: Canada: Acetic Acid Market Forecast: Sales Volume (in Million Tons), 2022-2027

List of Tables

Table 1: Acetic Acid: Physical Properties
Table 2: Acetic Acid: Chemical Properties
Table 3: North America: Acetic Acid Market: Key Industry Highlights, 2021 and 2027
Table 4: North America: Acetic Acid Market Forecast: Breakup by Application (in Million Tons), 2022-2027
Table 5: North America: Acetic Acid Market Forecast: Breakup by End-Use Industry (in Million Tons), 2022-2027
Table 6: North America: Acetic Acid Market Forecast: Breakup by Country (in Million Tons), 2022-2027
Table 7: North America: Acetic Acid Market: Competitive Structure
Table 8: North America: Acetic Acid Market: Key Players


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Key Questions Answered in This Report

We expect the North America acetic acid market to exhibit a CAGR of 6.53% during 2022-2027.

 

The increasing prevalence of obesity and diabetes, along with the rising demand for acetic acid in producing vinegar, that helps in maintaining blood sugar levels and reducing weight, is primarily driving the North America acetic acid market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several North American nations resulting in the temporary closure of numerous end-use industries for acetic acid.

Based on the application, the North America acetic acid market has been segregated into VAM, PTA, anhydride, ethyl acetate, butyl acetate, and others. Among these, VAM currently holds the largest market share.

Based on the end-use industry, the North America acetic acid market can be bifurcated into plastics and polymers, food and beverages, inks, paints and coatings, chemicals, pharmaceuticals, and others. Currently, the inks, paints and coatings industry exhibits a clear dominance in the market.

On a regional level, the market has been classified into United States and Canada, where United States currently dominates the North America acetic acid market.

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