Skip to content
Master Your Financial Future — Master Your Money — Financial Insights Unveiled — Finance in the Cloud Age

Acetic acid salts market hits $1.2 billion as demand surges in 2024

From China to Malaysia, trade flows are reshaping this booming sector. Discover why analysts predict even stronger growth ahead.

,   and  Administrator
1 min read
This image is clicked in a room, where it looks like Store. There are so many bottles in this image...
This image is clicked in a room, where it looks like Store. There are so many bottles in this image and cans. There is a Banner in the middle which is indicating Supra brand. Bottom right corner there is a logo LM.

Acetic acid salts market hits $1.2 billion as demand surges in 2024

The global market for acetic acid salts reached $1.2 billion in 2024, marking a 7.2% increase from the previous year. This growth reflects a steady rise in both production and demand, with key players like China and Malaysia shaping trade flows.

Production of acetic acid salts expanded in 2024, hitting record highs after years of gradual growth. The sector saw an average annual increase of 2.4% from 2012 to 2024, despite minor fluctuations in some years.

The acetic acid salts market is on an upward trajectory, with production, exports, and consumption all reaching new highs in 2024. Analysts project continued growth in the immediate term, supported by strong demand and expanding trade networks.

Read also:

Related

Latest