The Global Acetic Acid Market was valued at USD xx billion in 2019 and is projected to reach a market value of USD xx billion by 2025 at a CAGR of xx %.
Also known as ethanoic acid, acetic acid is a colorless liquid that acts as a major precursor for the production of various chemicals used among others in the textile, rubber, and plastic industries. It acts as an intermediary for formulating various coatings, sealants, and greases which are widely used in the building, electronics, and packaging industries. The market for acetic acid is projected to show substantial growth during the forecast period. The market has been segmented by Application, by End User, and by Geography.