Product Code: IRTNTR80260
Bio Acetic Acid Market 2024-2028
The bio acetic acid market is forecasted to grow by USD 68.8 mn during 2023-2028, accelerating at a CAGR of 5.6% during the forecast period. The report on the bio acetic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing crude oil prices, high demand for vinyl acetate monomer (VAM), and introduction of new products.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.1% |
CAGR | 5.6% |
Incremental Value | $68.8 mn |
Technavio's bio acetic acid market is segmented as below:
By Source
By End-user
- Chemical manufacturing
- Food industry
- Personal care
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the expansion in production of bio-based acetic acid as one of the prime reasons driving the bio acetic acid market growth during the next few years. Also, rising demand for biofuels and increasing production demand for automobiles will lead to sizable demand in the market.
The report on the bio acetic acid market covers the following areas:
- Bio Acetic Acid Market sizing
- Bio Acetic Acid Market forecast
- Bio Acetic Acid Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bio acetic acid market vendors that include Airedale Group, Bio-Corn Products EPZ Ltd., BTG Bioliquids B.V, Cargill Inc., Celanese Corp., Chemball HangZhou Chemicals Co. Ltd., Daicel Corp., Eastman Chemical Co., Fisher Scientific GmbH, Godavari Biorefineries Ltd., LanzaTech Global Inc., Lenzing AG, LyondellBasell Industries N.V., Novozymes AS, Sekab, Shandong Hualu-Hengsheng Chemical Co. Ltd, Sucroal SA, Vinipul Inorganics Pvt. Ltd., and Wacker Chemie AG. Also, the bio acetic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Source
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2023
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Bio Acetic Acid Market 2018 - 2022
- Historic Market Size - Data Table on Global Bio Acetic Acid Market 2018 - 2022 ($ million)
- 5.2 Source segment analysis 2018 - 2022
- Historic Market Size - Source Segment 2018 - 2022 ($ million)
- 5.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on Global Bio Acetic Acid Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Source
- 8.1 Market segments
- Chart on Source - Market share 2023-2028 (%)
- Data Table on Source - Market share 2023-2028 (%)
- 8.2 Comparison by Source
- Chart on Comparison by Source
- Data Table on Comparison by Source
- 8.3 Fermentation - Market size and forecast 2023-2028
- Chart on Fermentation - Market size and forecast 2023-2028 ($ million)
- Data Table on Fermentation - Market size and forecast 2023-2028 ($ million)
- Chart on Fermentation - Year-over-year growth 2023-2028 (%)
- Data Table on Fermentation - Year-over-year growth 2023-2028 (%)
- 8.4 Biomass - Market size and forecast 2023-2028
- Chart on Biomass - Market size and forecast 2023-2028 ($ million)
- Data Table on Biomass - Market size and forecast 2023-2028 ($ million)
- Chart on Biomass - Year-over-year growth 2023-2028 (%)
- Data Table on Biomass - Year-over-year growth 2023-2028 (%)
- 8.5 Market opportunity by Source
- Market opportunity by Source ($ million)
- Data Table on Market opportunity by Source ($ million)
9 Market Segmentation by End-user
- 9.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 9.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 9.3 Chemical manufacturing - Market size and forecast 2023-2028
- Chart on Chemical manufacturing - Market size and forecast 2023-2028 ($ million)
- Data Table on Chemical manufacturing - Market size and forecast 2023-2028 ($ million)
- Chart on Chemical manufacturing - Year-over-year growth 2023-2028 (%)
- Data Table on Chemical manufacturing - Year-over-year growth 2023-2028 (%)
- 9.4 Food industry - Market size and forecast 2023-2028
- Chart on Food industry - Market size and forecast 2023-2028 ($ million)
- Data Table on Food industry - Market size and forecast 2023-2028 ($ million)
- Chart on Food industry - Year-over-year growth 2023-2028 (%)
- Data Table on Food industry - Year-over-year growth 2023-2028 (%)
- 9.5 Personal care - Market size and forecast 2023-2028
- Chart on Personal care - Market size and forecast 2023-2028 ($ million)
- Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
- Chart on Personal care - Year-over-year growth 2023-2028 (%)
- Data Table on Personal care - Year-over-year growth 2023-2028 (%)
- 9.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 11.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 11.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 11.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 11.13 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 11.14 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.15 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.16 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.17 Brazil - Market size and forecast 2023-2028
- Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Data Table on Brazil - Year-over-year growth 2023-2028 (%)
- 11.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.1 Market drivers
- 12.2 Market challenges
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.1 Companies profiled
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Airedale Group
- Airedale Group - Overview
- Airedale Group - Product / Service
- Airedale Group - Key offerings
- SWOT
- 14.5 Bio-Corn Products EPZ Ltd.
- Bio-Corn Products EPZ Ltd. - Overview
- Bio-Corn Products EPZ Ltd. - Product / Service
- Bio-Corn Products EPZ Ltd. - Key offerings
- SWOT
- 14.6 BTG Bioliquids B.V
- BTG Bioliquids B.V - Overview
- BTG Bioliquids B.V - Product / Service
- BTG Bioliquids B.V - Key offerings
- SWOT
- 14.7 Cargill Inc.
- Cargill Inc. - Overview
- Cargill Inc. - Product / Service
- Cargill Inc. - Key offerings
- SWOT
- 14.8 Celanese Corp.
- Celanese Corp. - Overview
- Celanese Corp. - Business segments
- Celanese Corp. - Key news
- Celanese Corp. - Key offerings
- Celanese Corp. - Segment focus
- SWOT
- 14.9 Chemball HangZhou Chemicals Co. Ltd.
- Chemball HangZhou Chemicals Co. Ltd. - Overview
- Chemball HangZhou Chemicals Co. Ltd. - Product / Service
- Chemball HangZhou Chemicals Co. Ltd. - Key offerings
- SWOT
- 14.10 Daicel Corp.
- Daicel Corp. - Overview
- Daicel Corp. - Business segments
- Daicel Corp. - Key news
- Daicel Corp. - Key offerings
- Daicel Corp. - Segment focus
- SWOT
- 14.11 Eastman Chemical Co.
- Eastman Chemical Co. - Overview
- Eastman Chemical Co. - Business segments
- Eastman Chemical Co. - Key news
- Eastman Chemical Co. - Key offerings
- Eastman Chemical Co. - Segment focus
- SWOT
- 14.12 Fisher Scientific GmbH
- Fisher Scientific GmbH - Overview
- Fisher Scientific GmbH - Product / Service
- Fisher Scientific GmbH - Key offerings
- SWOT
- 14.13 Godavari Biorefineries Ltd.
- Godavari Biorefineries Ltd. - Overview
- Godavari Biorefineries Ltd. - Business segments
- Godavari Biorefineries Ltd. - Key offerings
- Godavari Biorefineries Ltd. - Segment focus
- SWOT
- 14.14 LanzaTech Global Inc.
- LanzaTech Global Inc. - Overview
- LanzaTech Global Inc. - Product / Service
- LanzaTech Global Inc. - Key news
- LanzaTech Global Inc. - Key offerings
- SWOT
- 14.15 Lenzing AG
- Lenzing AG - Overview
- Lenzing AG - Business segments
- Lenzing AG - Key offerings
- Lenzing AG - Segment focus
- SWOT
- 14.16 LyondellBasell Industries N.V.
- LyondellBasell Industries N.V. - Overview
- LyondellBasell Industries N.V. - Business segments
- LyondellBasell Industries N.V. - Key news
- LyondellBasell Industries N.V. - Key offerings
- LyondellBasell Industries N.V. - Segment focus
- SWOT
- 14.17 Novozymes AS
- Novozymes AS - Overview
- Novozymes AS - Product / Service
- Novozymes AS - Key offerings
- SWOT
- 14.18 Sucroal SA
- Sucroal SA - Overview
- Sucroal SA - Product / Service
- Sucroal SA - Key offerings
- SWOT
15 Appendix
- 15.1 Scope of the report
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.5 Data procurement
- 15.6 Data validation
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.8 Data synthesis
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations