Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Bio-acetic Acid Market size was over USD 224.53 million in 2024 and is likely to reach USD 433.99 million by the end of 2037, witnessing around 5.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of bio-acetic acid is assessed at USD 233.87 million.
The growth of the market can be attributed to the rising construction industry. Construction is one of the largest industries in the world and contributes around 13% to the total GDP. Moreover, it is expected the industry is going to increase twice in size by 2030. Bio-acetic acid can be utilized to make sustainable and biodegradable building products such as adhesives and coatings.
In addition to these, a factor that is believed to fuel the market growth of bio-acetic acid is the rising demand for textiles. Bio-acetic acids are majorly used in the printing and dyeing of textiles, this increases the production of various sorts of textiles. Moreover, it can also support the formation of natural dyes and pigments for the textiles.
