The Acetic Acid Market has undergone significant consolidation through mergers and acquisitions in recent years. Market consolidation is a strategic move that enables companies to strengthen their market position, achieve economies of scale, and capitalize on synergies. This article explores the key drivers and implications of market consolidation and mergers in the acetic acid industry.

One of the primary drivers of market consolidation is the pursuit of cost efficiencies. Acquiring ... Read more

The global acetic acid market is estimated to be valued at US$13.34 billion in 2022 and is expected to exhibit a CAGR of 9.7% over the forecast period of 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Acetic acid is a versatile chemical compound used in various industries such as textiles, food and beverages, pharmaceuticals, and plastics. It is primarily used as a raw ... Read more