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The global acetic acid market growth was USD 6.90 billion in 2020. The market is projected to grow from USD 7.29 billion in 2021 to USD 10.54 billion in 2028 at a CAGR of 5.4% during the 2021-2028 period.. The utilization of Vinyl Acetate Monomer (VAM) is powered by the rising demand for paints and coatings across the world, which nurtures the demand and growth of the market.
Information source: https://www.fortunebusinessins....ights.com/acetic-aci