Acetic Acid Market | 2020 Size, Growth, Share, And Industry Trends Forecast To 2028
The global acetic acid industry is expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, The market size stood at USD 8.34 billion in 2019.
Covid-19 Impact:
The coronavirus incident has brought the world to an unanticipated halt. We understand that this health disaster has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.
Market Driver:
Advancements in Polymer Development to Bolster Growth
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