U.S. Bio Acetic Acid Market Size & Outlook, 2022-2030
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U.S. bio acetic acid market highlights
- The U.S. bio acetic acid market generated a revenue of USD 32.8 million in 2022 and is expected to reach USD 52.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.1% from 2023 to 2030.
- In terms of segment, vinyl acetate monomer was the largest revenue generating application in 2022.
- Acetic Anhydride is the most lucrative application segment registering the fastest growth during the forecast period.
Bio acetic acid market data book summary
| Market revenue in 2022 | USD 32.8 million |
| Market revenue in 2030 | USD 52.7 million |
| Growth rate | 6.1% (CAGR from 2022 to 2030) |
| Largest segment | Vinyl acetate monomer |
| Fastest growing segment | Acetic Anhydride |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Purified Terephthalic Acid, Ethanol |
| Key market players worldwide | Air Products & Chemicals Inc, Cargill, Novonesis AS ADR, LanzaTech Global Inc Ordinary Shares - Class A, Bio-Corn Products, Sucroal, AFYREN, Godavari Biorefineries, BTG BioLiquids |
Other key industry trends
- In terms of revenue, U.S. accounted for 15.6% of the global bio acetic acid market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. bio acetic acid market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 52.7 million by 2030.
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Bio Acetic Acid Market Scope
Bio Acetic Acid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BTG BioLiquids | View profile | 1-10 | Enschede, Overijssel, The Netherlands, Europe | http://www.btg-btl.com/ |
| AFYREN | View profile | 11-50 | Saint-beauzire, Auvergne, France, Europe | http://afyren.com |
| Sucroal | View profile | 501-1000 | Palmira, Valle del Cauca, Colombia, South America | https://sucroal.com.co |
| Bio-Corn Products | View profile | 101-250 | Eldoret, Rift Valley, Kenya, Africa | https://www.biocorn.co.ke/ |
| Godavari Biorefineries | View profile | 51-100 | Mumbai, Maharashtra, India, Asia | https://godavaribiorefineries.com |
| LanzaTech Global Inc Ordinary Shares - Class A | View profile | 414 | 8045 Lamon Avenue, Suite 400, Skokie, IL, United States, 60077 | https://www.lanzatech.com |
| Novonesis AS ADR | View profile | 6756 | Krogshoejvej 36, Bagsvaerd, Denmark, 2880 | https://www.novozymes.com |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
U.S. bio acetic acid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bio acetic acid market will help companies and investors design strategic landscapes.
Vinyl acetate monomer was the largest segment with a revenue share of 42.99% in 2022. Horizon Databook has segmented the U.S. bio acetic acid market based on vinyl acetate monomer, acetic anhydride, acetate esters, purified terephthalic acid, ethanol covering the revenue growth of each sub-segment from 2018 to 2030.
- U.S. Bio Acetic Acid Application Outlook (Revenue, USD Million, 2018-2030)
- Vinyl Acetate Monomer
- Acetic Anhydride
- Acetate Esters
- Purified Terephthalic Acid
- Ethanol
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. bio acetic acid market , including forecasts for subscribers. This country databook contains high-level insights into U.S. bio acetic acid market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. bio acetic acid market size, by application, 2018-2030 (US$M)
U.S. Bio Acetic Acid Market Outlook Share, 2022 & 2030 (US$M)
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