Press Release

India Acetic Acid Market to Grow with a CAGR of 4.06%through 2029

Growing demand of Acetic Acid from paints and coatings and pharmaceutical industries is expected to drive the India Acetic Acid Market growth in the forecast period, 2025-2029.


According to TechSci Research report, “India Acetic Acid Market- By Region, Competition, Forecast and Opportunities, 2019-2029”, the India Acetic Acid Market stood at 1.86 million tons in 2023 and is anticipated to grow with a CAGR of 4.06%in the forecast period, 2025-2029. The initiatives taken by government based on acetic acid has led to favorable market conditions for the India Acetic Acid Market. Several factors contribute to the growth of various acetic acid products.

The Government of India has initiated a population-based cancer screening program, which includes cervical cancer screening. Visual Inspection with Acetic Acid (VIA) is being employed as a screening technique for the detection of cervical cancer. The Indian government is actively focusing on efforts to prevent cervical cancer and achieve the targets set by the World Health Organization for its elimination by 2030. Additionally, the government is implementing measures to regulate and control the manufacturing and distribution of acetic anhydride, a substance prone to misuse in the illicit production of drugs, in order to curb its diversion.


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Acetic acid, a versatile compound, demonstrates remarkable solubility, volatility, and compatibility with various resins and polymers employed in the paints and coatings industry. This multifaceted substance boasts exceptional properties that make it a preferred choice among formulators. With its impressive ability to dissolve pigments, acetic acid greatly contributes to improving adhesion and enhancing drying characteristics in paints and coatings. This attribute, combined with its compatibility with a wide range of resins and polymers, ensures optimal performance and durability.

In recent years, the paints and coatings industry has witnessed a significant shift towards water-based formulations due to increasing environmental regulations and consumer preferences for eco-friendly products. Acetic acid plays a crucial role in this transition, serving as a coalescing agent and pH adjuster in water-based paints and coatings. This not only enhances its demand but also reinforces its position as a key ingredient in the formulation of environmentally friendly coatingsFurthermore, the thriving automotive industry in India, experiencing steady growth, necessitates high-performance coatings for vehicles. Acetic acid finds extensive application in the formulation of automotive paints, offering exceptional durability, corrosion resistance, and aesthetic appeal. Its incorporation ensures that automotive coatings meet the stringent requirements of the industry while delivering long-lasting protection and an appealing finish. The versatility, compatibility, and performance-enhancing characteristics of acetic acid make it an indispensable component in the paints and coatings industry, catering to the evolving needs of formulators, environmental regulations, and the ever-growing automotive sector.

Active Pharmaceutical Ingredients (APIs) play a vital role in the formulation of drugs, serving as crucial components. One such API is acetic acid, which finds extensive use in the manufacturing process of numerous APIs, including antibiotics, analgesics, and antipyretics. With its multifaceted functions as a solvent, reaction catalyst, and pH regulator, acetic acid emerges as an indispensable ingredient in the production of APIs, ensuring their quality, efficacy, and safety for patients worldwide.

India Acetic Acid Market is segmented into application, end user, regional distribution, and company

Based on its application, the purified terephthalic acid segment held the largest market share in the forecast period. Purified terephthalic acid is commonly utilized in the development of polyester coatings for various applications such as general metal, home appliances, automobiles, and coil coatings. The demand for purified terephthalic acid is driven by its excellent chemical and stain resistance, high weatherability, and favorable glass transition balancing, along with its ability to maintain high flexibility within appropriate temperature ranges.

Acetate esters, derived from acetic acid, find significant use in the manufacturing of paints, coatings, and printing inks. The global demand for paint and coatings is influenced by the increasing desire of consumers to enhance the aesthetics of their homes, as well as the thriving automotive industry, which drives the demand for paints due to increased vehicle sales. This has a direct impact on the global demand for acetate esters.

Ethyl acetate, formed by the esterification of ethanol and acetic acid, serves as a widely used diluent and solvent. This highly sought-after chemical is valued for its low toxicity and cost-effectiveness. Ethyl acetate, produced from ethanol, is utilized in paints and perfumes that evaporate quickly, leaving a pleasant fragrance on the skin.

Based on region, West India segment is expected to grow during the forecast period. The remarkable growth of the acetic acid market can be attributed to the surging demand for this versatile compound across a wide range of industries. Specifically, industries such as construction, pharmaceuticals, automotive, and textiles are driving the increasing need for acetic acid. In the construction sector, acetic acid is utilized in the production of adhesives, sealants, and coatings, while in the pharmaceutical industry, it plays a pivotal role in the development and manufacturing of medicines. The region's booming pharmaceuticals industry, coupled with the growing reliance of consumers on medicinal tablets, has further fueled the demand for acetic acid. As a result, the overall demand for this indispensable chemical compound in the region continues to soar.


Major companies operating in India Acetic Acid Market are:

  • Indian Oil Corporation
  • Pentoky Organy India Limited
  • Gujarat Narmada Valley Fertilizers & Chemicals Limited
  • Jubilant Ingrevia Limited
  • Tanfac Industries Ltd.


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 “Growing application of acetic acid in various end user industries are key drivers of the acetic acid market. Growth in competitive landscape and presence of well-established countries in the market who are dedicated to enhance their productivity of acetic acid with every passing year are anticipated to register an impressive growth to India Acetic Acid Market in the forecast period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“India Acetic Acid Market By Application (Vinyl Acetate Monomer, Purified Terephthalic Acid, Acetate Esters, Ethanol, Others), By End User (Food & Beverage, Plastic & Polymers, Paints & Coatings, Pharmaceutical, Others), By Region, By Competition Forecast & Opportunities, 2019-2029”, has evaluated the future growth potential of India Acetic Acid Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Acetic Acid Market.


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