According to a recent study conducted by Hexa Research, global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an ... Read more
According to the latest report by IMARC Group titled, “Acetic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 11.4 Billion in 2018. Looking forward, the market is expected to reach a value of US$ 291 Billion by 2024, exhibiting a CAGR of around 2.68% during 2019-2024.
Acetic acid (CH3COOH), or ethanoic acid, is a transparent organic compound with a sour and pungent odor that ... Read more
Acetic acid, also known as ethanoic acid is a colorless liquid organic compound widely used as a food additive and preservative. It is known for its strong, characteristic pungent smell and sour taste. Acetic acid also finds applications as a chemical intermediate for production of certain polymers and other chemical compounds. Its increasing usage in food & beverages such as flavoring agent, food preservative, solvent and acidity regulator has escalated the demand for acetic acid. The ... Read more
