Europe Acetic Acid Market Report by Application (VAM, PTA, Anhydride, Ethyl Acetate, Butyl Acetate, and Others), End Use Industry (Plastics and Polymers, Food and Beverage, Inks, Paints and Coatings, Chemicals, Pharmaceuticals, and Others), and Country 2024-2032

Europe Acetic Acid Market Report by Application (VAM, PTA, Anhydride, Ethyl Acetate, Butyl Acetate, and Others), End Use Industry (Plastics and Polymers, Food and Beverage, Inks, Paints and Coatings, Chemicals, Pharmaceuticals, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3144
Year End sale Buy Now

Market Overview:

The Europe acetic acid market size reached 1.6 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 1.8 Million Tons by 2032, exhibiting a growth rate (CAGR) of 1.4% during 2024-2032. 

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
1.6 Million Tons
Market Forecast in 2032
1.8 Million Tons
Market Growth Rate (2024-2032) 1.4%


Acetic acid (CH3COOH), also known as methane carboxylic acid, ethanoic acid, or vinegar acid, is a clear, colorless liquid with a strong, pungent odor of vinegar. It is an  organic monocarboxylic acid that contains two carbons. Some of the methods employed to produce acetic acid include the oxidation of acetaldehyde and ethylene, carbonylation of methanol, and bacterial fermentation. Methanol carbonylation is currently the most employed process for acetic acid production. This synthetic carboxylic acid acts as a food acidity regulator, a preservative with antimicrobial effects, and a protic solvent.. It is also versatile, biodegradable, safe, sustainable, and cost-effective. In addition, they have low toxicity and offer antibacterial, antifungal, and antiviral properties. As a result, acetic acid is widely adopted in the production of cellulose acetates, metal acetates, vinyl acetates, and volatile organic esters such as ethyl and butyl acetate. Moreover, it finds extensive applications in plastics and polymers, food and beverage (F&B), inks, paints, and coatings, chemicals, pharmaceutical sectors across the region.

Europe Acetic Acid Market Trends:

The market is primarily driven by the expanding food and beverage (F&B) industry. In addition, the escalating demand for acetic acid in the preparation, storage, and preservation of processed food products is contributing to market growth. Moreover, the widespread adoption of acetic acid for producing purified terephthalic acid (PTA) due to the increasing popularity of lightweight and recyclable polyethylene terephthalate (PET) bottles in the medical and consumer goods sectors represents another major growth-inducing factor. Besides this, the rising product demand in the paints, coating, and sealants industries due to changing consumer lifestyles, increasing disposable income levels, and the growing number of house redecoration and renovations are accelerating the product adoption rate. Along with this, extensive product use in vinegar production and the increasing vinegar consumption owing to its potential health benefits, such as blood pressure maintenance, weight reduction, and regulation of blood sugar and cholesterol levels, are propelling the market growth. Furthermore, the increasing product utilization in textile and packaging industries, growing construction activities, and extensive research and development (R&D) activities among key players to minimize energy consumption during production and reduce overall operating costs, are also creating a positive market outlook across Europe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe acetic acid market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on application and end use industry.

Application Insights:

Europe Acetic Acid Market

  • VAM
  • PTA
  • Anhydride
  • Ethyl Acetate
  • Butyl Acetate
  • Others
     

The report has provided a detailed breakup and analysis of the Europe acetic acid market based on the application. This includes VAM, PTA, anhydride, ethyl acetate, butyl acetate, and others.  According to the report, VAM represented the largest segment.

End Use Industry Insights:

  • Plastics and Polymers
  • Food and Beverage
  • Inks, Paints and Coatings
  • Chemicals
  • Pharmaceuticals
  • Others
     

A detailed breakup and analysis of the Europe acetic acid market based on the end-use industry has also been provided in the report. This includes plastics and polymers, food and beverages, inks, paints and coatings, chemicals, pharmaceuticals, and others. According to the report, inks, paints and coatings accounted for the largest market share.

Country Insights:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

The report has also provided a comprehensive analysis of all the major regional markets that include Germany, France, the United Kingdom, Italy, Spain, and others.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the Europe acetic acid market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons
Segment Coverage Application, End Use Industry, Country
Countries Covered Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Europe acetic acid market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the Europe acetic acid market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Europe acetic acid industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market. 

Key Questions Answered in This Report

The Europe acetic acid market reached a volume of 1.6 Million Tons in 2023.

We expect the Europe acetic acid market to exhibit a CAGR of 1.4% during 2024-2032.

The escalating demand for acetic acid for producing metal acetates, vinyl acetates, cellulose acetate, and volatile organic esters, such as ethyl and butyl acetate, is primarily driving the Europe acetic acid market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several European nations, resulting in the temporary halt of numerous production activities for acetic acid.

Based on the application, the Europe acetic acid market has been segregated into VAM, PTA, anhydride, ethyl acetate, butyl acetate, and others. Among these, VAM currently exhibits a clear dominance in the market.

Based on the end use industry, the Europe acetic acid market can be bifurcated into plastics and polymers, food and beverage, inks, paints and coatings, chemicals, pharmaceuticals, and others. Currently, inks, paints and coatings hold the largest market share.

On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain, and others.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Europe Acetic Acid Market Report by Application (VAM, PTA, Anhydride, Ethyl Acetate, Butyl Acetate, and Others), End Use Industry (Plastics and Polymers, Food and Beverage, Inks, Paints and Coatings, Chemicals, Pharmaceuticals, and Others), and Country 2024-2032
Purchase Options Year End sale




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARATI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More
DEinternational Egypt

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

Read More
Gulf Excellent Group

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Read More
FS Corporation Inc.

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

Read More
Egyptian Industrial Investment Group

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

Read More
Vishnu Chemicals

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

Read More
MOUNT EVEREST BREWERIES LIMITED

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

Read More
Borges Branded Foods

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

Read More
Godrej Consumer Products Limited

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

Read More
ADC Therapeutics

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

Read More
Ivanti

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

Read More
Asiatic Electrical & Switchgear P. Ltd.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Read More
Denka Co., Ltd.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

Read More