Glacial Acetic Acid Market

By Grade;

Food, Industrial, and Pharmaceutical

By System;

Vinyl Acetate Monomer, Ester Production, Acetic Anhydride, Solvent, Food Additive, Textile, and Other Applications

By End-User;

Chemicals & Petrochemicals, Food & Beverage, Pharmaceuticals, and More

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn007173880 Published Date: August, 2025 Updated Date: September, 2025

Glacial Acetic Acid Market Overview

Glacial Acetic Acid Market (USD Million)

Glacial Acetic Acid Market was valued at USD 11,253.74 million in the year 2024. The size of this market is expected to increase to USD 16,015.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.


Glacial Acetic Acid Market

*Market size in USD million

CAGR 5.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.2 %
Market Size (2024)USD 11,253.74 Million
Market Size (2031)USD 16,015.48 Million
Market ConcentrationMedium
Report Pages330
11,253.74
2024
16,015.48
2031

Major Players

  • AACL
  • Akshar Enterprises
  • Banner Chemicals Limited
  • Celanese Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Glacial Acetic Acid Market

Fragmented - Highly competitive market without dominant players


The Glacial Acetic Acid Market is witnessing substantial momentum, fueled by its versatility across industries like chemicals, food, and pharmaceuticals. Its widespread use in producing vinyl acetate monomer, purified terephthalic acid, and acetate esters accounts for over 55% of global consumption, underscoring its critical role in the chemical value chain.

Expanding Industrial Applications
A significant share of glacial acetic acid demand comes from polymers, textiles, and synthetic fibers. Approximately 40% of overall usage is tied to these industries, where acetic acid enhances efficiency, durability, and production outcomes. This dominance highlights its value as an indispensable component in modern industrial operations.

Food and Beverage Industry Adoption
The role of glacial acetic acid in the food and beverage sector continues to expand due to its proven benefits as a preservative and acidity regulator. Currently, more than 20% of applications are food-related, reflecting its growing reputation for ensuring safety, quality, and longer shelf life. This trend highlights consumer reliance on acetic acid-based solutions for enhanced product integrity.

Pharmaceutical Sector Opportunities
Healthcare applications add another strong growth pillar for glacial acetic acid. With over 15% utilization dedicated to pharmaceuticals, it plays an essential role in producing antibiotics, intermediates, and other critical formulations. Its adaptability in drug manufacturing is helping pharmaceutical companies develop more advanced therapeutic solutions.

Future Market Outlook
The glacial acetic acid market shows strong potential, supported by its diverse applications and increasing integration into high-demand industries. Continued innovation, strategic adoption in consumer-focused sectors, and consistent growth in industrial uses are driving long-term opportunities, ensuring the market’s relevance in both established and emerging applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By System
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. Glacial Acetic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in construction and infrastructure projects
        2. Increasing adoption of green chemistry practices
        3. Expanding end-use applications in textiles
        4. Strong demand for agricultural chemicals
      2. Restraints
        1. Geopolitical risks impacting trade
        2. Market saturation in developed regions
        3. Potential for hazardous handling issues
      3. Opportunities
        1. Increased adoption in healthcare applications
        2. Growth in the food and beverage industry
        3. Expansion of production capacities
        4. Emerging applications in agriculture
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Glacial Acetic Acid Market, By Grade, 2021 - 2031 (USD Million)
      1. Food
      2. Industrial
      3. Pharmaceutical
    2. Glacial Acetic Acid Market, By System, 2021 - 2031 (USD Million)
      1. Vinyl Acetate Monomer
      2. Ester Production
      3. Acetic Anhydride
      4. Solvent
      5. Food Additive
      6. Textile
      7. Other Applications
    3. Glacial Acetic Acid Market, By End-User, 2021 - 2031 (USD Million)

      1. Chemicals & Petrochemicals

      2. Food & Beverage

      3. Pharmaceuticals

      4. More

    4. Glacial Acetic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. AACL
      2. Akshar Enterprises
      3. Banner Chemicals Limited
      4. Celanese Corporation
  7. Analyst Views
  8. Future Outlook of the Market